Metamask & Moonpay Partner and DeSantis Proposed Legislation Banning CBDC's
Crypto and traditional markets moved higher today at the time of writing – BTC was up 0.72%, ETH was up 4.58%, and SPX and NDQ are up 0.74% and 0.50%, respectively. After a strong Bitcoin dominance run the past month, altcoins are beginning to show signs of life versus bitcoin. The ETH/BTC ratio is up 3.80%, and altcoins such as FTM, LTC 0.22% , and SOL N/A% are outperforming BTC today – up 6.70%, 5.11%, and 3.89% at the time of writing. Ethereum Layer 2, Arbitrum, has seen significant activity leading up to the ARB 0.05% airdrop this Thursday. The chain’s TVL has nearly doubled in 2023 and is now at $1.85 billion. Many lower market cap tokens on Arbitrum have also been rallying this week as investors anticipate the ARB 0.05% airdrop will inject liquidity into the ecosystem. These tokens and their performance can be found here on DefiLlama.