Bitcoin’s higher low suggests investors in the largest crypto by market value are upbeat, but ether’s increased trading range compared to the previous days may reflect bearish concerns.
The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.
With crypto markets ticking up while bitcoin looks overbought, plus a look at the SEC’s motive behind its recent crackdown, CoinDesk’s “Markets Daily” is back with the latest news roundup.