Institutional investors start to turn bearish against BTC as short positions against the cryptocurrency increased. Miner revenues declined, but mining companies remain largely unaffected.

Ethereum developers have started to work on the next upgrade on the network. At the same time, validators remained optimistic about the state of Ethereum.

Arbitrum outperformed Ethereum in terms of daily active addresses for the second time. As far as the TVL is concerned…

Polygon NFT sales start to rise. However, declining interest in dApps impact overall activity on the Polygon network negatively.

Yuga Labs won its lawsuit against Ryder Ripps as the judge ruled in their favor. However, retail interest in APE declined.

ETH holders have started to exit their positions at a loss. Here’s what some addresses are doing to counter the FUD…

Bitcoin traders remain bullish despite the declining prices of Bitcoin. Miners continue to face the heat as mining difficulty reaches new highs.

Stablecoins witness a decline in market cap as overall interest in the sector started to decline. The aggregate supply of all stablecoins also fell.

GMX witnesses growth in terms of fees generated and volume. However, the price of the GMX token continues to decline despite positive developments on the protocol side.

Uniswap’s surge in daily activity on the network could have a positive effect on the protocol. Despite declining revenues and fees, efforts made by the protocol to improve the network did not stop.

Optimism falls behind other Layer 2 solutions in many areas. Despite this, developments on the protocol continue to rise. Selling pressure on the OP token increases.

MakerDAO governance continues to actively participate in making additions to the protocol. Proposals to increase stability fees and Coinbase Custody as a collateral asset got proposed.