🆕 February 11th (Wednesday) Global Crypto Top News
With Bitcoin falling to $68K, the Ethereum Index remains in the single digits, indicating market sentiment is bottoming out.
However, stablecoin giants like Tether and Circle are betting on infrastructure expansion, and Coinbase is spurring a flurry of new listings.
Here's a roundup of key news for Wednesday morning!
1️⃣. Market Overview (Fear & Infrastructure War)
🟢LayerZero: Secures Strategic Investment from Tether & Releases Lightpaper for New Chain 'Zero'
🟢EdgeX: Secures Investment from Circle Ventures & Introduces Native USDC (OI Surpasses $1 Billion)
2️⃣. Projects & Updates
🟢Coinbase: Listing a large number of new tokens, including Superform (UP), RAVE, DEEP, and WAL
🟢Aztec: TGE scheduled for tomorrow (the 12th) at 4 PM (Privacy sector leader)
🟢PolyMarket: Partnering with Kaito AI to provide market data
3️⃣. Check out key market indicators
🟢Fear and Greed Index: 9
🟢Exchange rate hits 1,460 won, GIMP hits 2.1%
🟢BTC $69.1K / ETH $2.02K
💬 COMMENT
✔️ Stablecoin giants' bets
Market prices are scary, but Tether invested in Layer Zero, and Circle invested in EdgeX. Those with a keen eye for money are laying the groundwork in a bear market.
✔️ Aztec TGE imminent
Tomorrow (the 12th) at 4 PM, Aztec, a promising player in the privacy camp, will be listed. With a16z driving the narrative, attention is focused on whether it can reverse the bear market sentiment.
Both Perfdex, Backpack and EdgeX, are delivering positive news. We sincerely hope for positive results!