⚡️ According to Galaxy Research, most #Bitcoin Layer 2 networks are unlikely to survive due to high transaction fees.

Each data publishing transaction can take up a significant amount of block space, leading to increased fees and making small transactions unaffordable.

📊 Market Overview:

BTC : $61050
ETH : $2922.77
BNB : $527.24
SOL : $144.76

⚡ Dominance :

BTC : 53.30 %
ETH : 15.55 %
Stables : 6.54 %

📈 Market Cap :

Total : 2.26T
DeFi : 71.98B
24hr Vol : 78.39B

JUST IN: 🇦🇷 Argentina has formed the Applied Artificial Intelligence for Security (UIAAS) unit to use AI to prevent crimes.

JUST IN: 🇯🇵 Japan's stock market suffers worst losses since 1987.

📊 Market Overview:

BTC : $49758
ETH : $2224.1
BNB : $412.69
SOL : $112.18

⚡ Dominance :

BTC : 53.60 %
ETH : 14.54 %
Stables : 7.90 %

📈 Market Cap :

Total : 1.86T
DeFi : 55.79B
24hr Vol : 260.45B

JUST IN: 🇺🇸 President Biden's senior economic advisor, Gene Sperling, to leave the White House today.

JUST IN: Elon Musk has filed a new lawsuit against OpenAI and its CEO Sam Altman, reviving the legal battle after seemingly dropping it in June, according to an Aug. 5 complaint in a 🇺🇸 California federal court.

JUST IN: 🇺🇸 Over $1.41 trillion was wiped out from the US stock market today.

BREAKING: 🇯🇵 Japanese Stocks explode higher and are on track for biggest gain since October 2008

🇮🇳 India Government sends $87 million GST notice to Binance

🚨 Breaking : TrumpCoin (DJT), launched by Martin Shkreli, crashes 92% in last four hours.

JUST IN: 🇺🇸 Morgan Stanley to start pitching clients to buy #Bitcoin ETFs by BlackRock and Fidelity starting tomorrow.

15,000 wealth advisors selling Bitcoin ETFs to boomers.

JUST IN: Japanese company, Metaplanet Inc, to invest $59M in Bitcoin 💰