📉Crypto Market Drops as Macro Fears Weigh

GM Defiers!

The crypto market recorded mild losses on Tuesday following volatility sparked by President Donald Trump’s tariff announcements. Meanwhile, Uniswap Labs launched Unichain, a DeFi-focused L2 on Optimism’s Superchain.

Rocket Pool’s RPL token surged over 50% this week as excitement builds for its Saturn upgrade. In regulatory news, Bloomberg analysts predict a Dogecoin ETF is more likely than Solana or XRP.

✍️ In today’s newsletter:

Crypto market declines amid macroeconomic concerns
Lido unveils V3 upgrade, enhancing ETH staking
WazirX to issue new cryptocurrency to pay users after breach
Rocket Pool surges as Saturn devnet goes live
Uniswap Labs unveils Unichain
Dogecoin ETF more likely than Solana or XRP, analysts say

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The Stellar Community Fund Evolves to Bring more Projects to Mainnet

📈 Markets in the last 24 hrs:

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Catch up on our podcast with Kain Warwick, founder of Synthetix and Infinex, as he discusses the evolution of DeFi and the trade-offs required to improve user experience while maintaining decentralization.

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📉Crypto Market Slips as Macro Fears Dampen Investor Sentiment

The crypto market recorded mild losses Tuesday after a volatile week triggered by Trump’s tariff announcements. Bitcoin fell 2% to $95,700, while Ethereum dropped 2.4%.

🔊Lido Unveils V3 Upgrade, Enhancing Ethereum Staking for Institutions

Lido is set to launch Lido V3, enhancing ETH staking with a more modular and flexible approach for institutions. The upgrade introduces stVaults, a new framework designed to give users greater control over staking.

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🗣️WazirX To Issue New Cryptocurrency To Compensate Users After $230 Million Breach

WazirX plans to launch RT tokens to compensate users affected by its $230M hack in July 2024. Founder Nischal Shetty proposed using RT to distribute recovered funds and hinted at a potential listing if demand is strong.

🚀Rocket Pool Extends Price Rally Amid Saturn Devnet Launch

Rocket Pool's RPL token has surged 20% in a day and over 50% this week as the protocol prepares for its Saturn upgrade. The update aims to revamp RPL’s tokenomics, with the Saturn devnet now live.

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📢Uniswap Labs Launches DeFi-Focused Ethereum Layer 2 Unichain

Uniswap Labs has launched Unichain, a DeFi-focused Layer 2 on Optimism’s Superchain. Designed for speed and low fees, Unichain features one-second block times and 95% cheaper gas costs than Ethereum.

🐕Dogecoin ETF More Likely Than Solana or XRP: Bloomberg Analysts

A Dogecoin ETF is more likely than one for Solana or XRP, but Litecoin leads the pack, say Bloomberg analysts. They estimate a 90% chance for a Litecoin ETF, 75% for Dogecoin, 70% for Solana, and 65% for XRP, citing Litecoin’s similarity to Bitcoin.