Crypto Market Swings: 🟥 A Red Day for Digital Assets
The global cryptocurrency market has taken a dip, retreating by 2.8% over the past 24 hours, reaching a total market cap of $3.42 trillion. While the trading volume lingers at a moderate $92.6 billion, the mood is hardly vibrant. Only Tron (TRX) held steady, inching up by 0.1%, a small victory in a sea of red where most top 100 coins, including Bitcoin and Ethereum, faced declines.
Botanix Unveils a Decentralized Federation 🌍
Breaking new ground, Botanix Labs announced the transition of its Bitcoin-based blockchain to a decentralized structure with a robust 16-node federation. Boasting participation from industry heavyweights like Galaxy and Alchemy, this launch ensures no single entity can monopolize decision-making, a huge step towards a truly decentralized future. The network plans an expansive growth to hundreds of nodes, welcoming global participation.
BYDFi and Ledger's Exclusive Collaboration 🔐
Global crypto exchange BYDFi and hardware wallet leader Ledger have teamed up for the limited-edition BYDFi x Ledger Nano X wallet. This device aims to woo key opinion leaders with high-security and mobile-first designs, all while supporting over 15,000 cryptos and NFTs. With only 500 units available, early adopters and influencers have an exciting opportunity to join an exclusive circle.
$4 Million Boost for HashPower's Vision
On-chain protocol HashPower announced securing a $4 million strategic investment from key players like HashKey Capital and FBG Capital. This pivotal fund injection aims to enhance decentralized mining capabilities and propel real-world digital and AI infrastructure efforts. The collaboration kicks off a promising future for decentralized operations across various ecosystems.
