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Allure of Bitcoin Ordinals, DeFi Drives Crypto Funds to Bitcoin Layer 2-Token Stacks
The price of Stacks’ native STX token has doubled in two weeks on the back of strong growth for Bitcoin-based non-fungible tokens.

Short-Bitcoin Funds Record $10M in Weekly Inflows: CoinShares
Traders are anticipating higher rate hikes from the Federal Reserve.

Token Offering of Asset Management Platform Factor Raises Roughly $7.6M
Several hours before the public sale ended, Factor announced changes to decrease the initial circulating supply.

BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek strategic partnerships.

YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product
The product is designed for users to gain exposure to a basket of liquid staking derivatives in a single token.

Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions.

Unrelated BASE Token Jumped 250% After Coinbase Starts Layer 2 Network Base
As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain.

Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%.

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other constitute partial retracements. Bitcoin's year-to-date rally seems to be a retracement ahead of the final leg lower, the crypto trading firm said.

AI Could Help Build More-Efficient Crypto Markets
Artificial intelligence, once a technological tundra, is now one of the hottest areas of growth for Web3, SingularityDAO's Marcello Mari and Rafe Tariq write.
