Happy Thursday frens!
Bleak day price-wise but some really interesting news/etc at bottom!
Market Update
Overall crypto market cap: -4.2% to $1.3T
$BTC: -4.8% to $30,123
$ETH: -5.6% to $1,833
For tradfi:
S&P 500: -0.84%
Dow Jones: -0.58%
Nasdaq 100: -0.74%
Biggest Price Movers
(From @coingecko top 500)
Up:
-GXChain $GXC +48.5%
-WeWay $WWY +25.5%
-Wrapped Centrifuge $WCFG +22.1%
Down:
-Victoria $VR -35.1%
-NuCypher $NU -27.2%
-Share Token $SHR -22.1%
Biggest TVL Movers
Mixin $XIN jumped into the top 12 chains by TVL today.
Algorand $ALGO dropped by 19.37% today.
For protocols, Ref Finance @finance_ref $REF on Near ecosystem is a rare bright spot, green on the daily/weekly/monthly at $270.94M TVL. Arrakis @ArrakisFinance $SPICE also continues to gain market share.
Top 12 Chains (from @defillama):
Top 12 Protocols (from @defillama):
Other Data Points
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear/Greed Index:
(from @EthereumFear)
Other stats
(from @8blocksdaily)
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @defillama ($1M+ TVL-only) and @stable_fish)
New Protocols/Yield Farms
No new protocols as per our official daily source checks.
We did find the following new protocol announcement on Twitter:
-As well as this one:
Rug Pulls/Exploits/De-Peggings/Liquidation Alerts
-$DEI stablecoin is still de-pegged, at $0.47.
-@PeckShieldAlerts is reporting several (very small) projects rugged/scammed, names are $APAY, $STARMAN and “BNBcoin”.
Other News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Solana was down for part of the day:
-Arthur Hayes published an article which generated extensive discussion on Twitter:
-Former OpenSea exec Nate Chastain was charged by the SEC for Insider Trading.
-NFT lending platform @jpegd_69’s new PUSD-3CRV pool on @curvefinance generated extensive discussion on Twitter today. Here is the most in-depth thread we could find on it:
-@HectorDAO_HEC announced they are moving their stablecoin $TOR to a fully collateralized model:
-The Philippines released their first blockchain-based bonds:
Conclusion
That is everything for today!
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Stay safe frens!