Global crypto market cap rises 10% to $958 billion 📈 🚀
| Markets | | | - Global crypto market capitalization rose 10% since last Friday to $958 billion, according to data from CoinMarketCap.
- Digital asset investment products saw inflows of $64M in outflows in the week to July 1st CoinShares data showed.
- Strategists at U.S. bank J.P. Morgan Chase noted that the ongoing crypto deleveraging has hit an advanced stage and a recovery may be on the way.
| | | Technology | | | - A lead developer behind meme cryptocurrency Shiba Inu teased plans to expand the Shiba Inu ecosystem with a stablecoin, a reward token, and a collectible card game.
- Ethereum's Sepolia testnet successfully transitioned to proof-of-stake. The penultimate test network merge before Ethereum itself makes its long-awaited move to proof-of-stake has now been completed.
- Ethereum scaler Polygon is following Solana in bringing Web3 to smartphones in a new partnership with startup Nothing.
| | | | | | - Facebook's parent company Meta is to proceed with its plans to bring digital collectibles to its users, undeterred by the downturn in the crypto market.
- Reddit launched a Polygon-based avatar marketplace this week, allowing users to purchase NFTs.
- Revenues of Bitcoin miners have once again overtaken those mining Ethereum.
| | | | It wouldn't be a good birthday without a few nice presents. Along with our giveaways and promotions to celebrate as #BinanceTurns5, we're dropping trading fees on a wide range of bitcoin/stablecoin and bitcoin/fiat pairs. That's right - no matter if you're swapping into BUSD, USDC or any other supported token/currency, you won't spend a thing on trading fees. | | | | |
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