S&P 500
5487.5 -0.71%
NASDAQ Composite
NASDAQ
17726.9 -0.81%
Bitcoin
BTC
$67,557 0.99%
Ethereum
ETH
$3,501 0.04%
US10Y
4.239% 0.0499
Header logo
  1. Research
  2. Crypto Research
  3. Market Update

Bitcoin Makes New All-Time High, NIM Network Submits First RollApp Proposal

Mar 5, 2024
Author
Tom Couture
Tom Couture AC
Market Update In a volatile day, $BTC (-4.51%) has made a new all-time high, briefly surpassing $69k before retracing to the low $65k range. $ETH (+1.55%) is showing strength, trading around $3.7k as attention may shift towards Ethereum and related names ahead of the Dencun upgrade next week. Layer-2 tokens support that notion, as $OP and $ARB are outperforming today, gaining 13.46% and 4.44%, respectively. Some of the meme-mania has subsided, with $DOGE, $PEPE, and $BONK showing more pronounced losses, all dropping more than 8% today. Traditional markets are similarly struggling today, with the SPY falling 1.01% and the QQQ dropping 1.85% as investors prepare for various employment data releases throughout the remainder of the week.The first RollApp submission on Dymension was submitted by NIM Network, a gaming and AI-focused network. NIM is aiming to build the ultimate environment for AI games that create fun experiences for blockchain gamers. NIM will be the first RollApp leveraging Celestia’s data availability layer and be based on the EVM. The NIM token will be the network’s native token and will be used for transaction fees and staking. NIM announced their tokenomics, with 9% of the total supply being airdropped $DYM stakers (Genesis Rolldrop) and 41% allocated to th

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Already a member?

Reports you may have missed

Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says

CRYPTO MARKET UPDATE U.S. EQUITIES ARE CONTINUING THIS WEEK’S SELL-OFF, WITH THE SPY -0.71%  AND QQQ -0.94%  BOTH DECLINING APPROXIMATELY 0.28%, WHILE THE DXY N/A% AND TREASURY YIELDS INCH UPWARDS. In contrast, BTC 0.99% is moving sharply higher, trading at $65.8k, with rumors circulating that former President Trump will unveil plans to add Bitcoin as a strategic reserve at next week’s Bitcoin conference. ETH 0.04% is trading at $3,450 ahead of potential S-1 approval after...

BONK 1.52% BTC 0.99% DXY N/A% ETH 0.04% JUP -8.65% QQQ -0.94% SOL 4.67% SPY -0.71% WIF 11.87%
Art Rachen YJpjLD3c9bU Unsplash

CRYPTO MARKET UPDATE THE CRYPTO MARKET MOVED HIGHER IN THE EARLY MORNING HOURS AND IS NOW CONSOLIDATING POST-US MARKET OPEN. BTC 0.99% once again challenged the $65k level and is currently sitting just below it, following the ninth consecutive day of net inflows for BTC 0.99% ETFs. ETH 0.04% is showing outsized strength, likely due to ETF issuers filing their final documents yesterday afternoon, with the ETF launch expected on Tuesday (more on...

BTC 0.99% ETH 0.04% ETHBTC JUP -8.65% SOL 4.67% USDT -0.03% WIF 11.87%
Bitcoin rises back toward record as first related U.S. ETF begins trading

CRYPTO MARKET UPDATE U.S. EQUITIES ARE MOVING SHARPLY LOWER AMID CHINA TRADE FEARS AFTER THE BIDEN ADMINISTRATION STATED IT'S CONSIDERING IMPOSING SEVERE RESTRICTIONS ON CHIPMAKERS IF CHINA CONTINUES RECEIVING ACCESS TO ADVANCED SEMICONDUCTOR TECHNOLOGY. The SPY -0.71%  has dropped below $560 while the QQQ -0.94%  is showing more pronounced losses, falling to $484. Crypto is relatively flat, with BTC 0.99% trading near $65k. Bitcoin ETF flows continue their positive streak, posting the eighth...

BTC 0.99% ETH 0.04% FIL 0.38% LDO -1.93% LPT -1.59% NEAR 0.64% QQQ -0.94% RNDR 0.78% SPY -0.71% TAO -0.28% WLD -0.60%
Bitcoin could soar an additional 38% after topping its record high of $65,000, according to Fairlead's Katie Stockton

CRYPTO MARKET UPDATE AS EXPECTED, BTC 0.99% AND THE WIDER CRYPTO MARKET MOVED LOWER ON THE NEWS THAT THE MT. GOX TRUSTEE HAD TRANSFERRED BTC 0.99% OUT OF THE TRUSTEE WALLETS TO PARTNER EXCHANGES. However, the market has since rebounded, with BTC 0.99% pushing $65k after touching $62.5k in the early morning hours. ETH 0.04% has also rallied, though it is slightly lagging despite the upcoming launch of ETH 0.04% ETFs next Tuesday. ETF flows...

AR -5.83% BCH -0.62% BONK 1.52% BTC 0.99% ETH 0.04% ETHBTC PEPE 2.13% SOL 4.67% WIF 11.87% XRP 5.31%
FS Insight

Sign in to read the report!

We have detected you are an active member!

or

Sign in with Google

Sign in with Twitter
Ray: 425dc5-005329-7f05ab-210975-5fa7c4