In the ever-evolving world of Layer 2 networks, there has been a notable shift in dominance with Base, an Ethereum Layer 2 network supported by Coinbase, rapidly gaining ground. Recent data from IntoTheBlock indicates that Base now boasts almost 40% more daily active addresses compared to its competitors, namely Arbitrum and Optimism. This surge in
Crypto
Bitcoin has experienced a rollercoaster week, with significant fluctuations in its price. After a hard slip, the cryptocurrency went on the offensive and surged to a weekly high of just under $62,000. This sudden turnaround came after a period of volatility and uncertainty in the market. In addition to Bitcoin’s surge, other larger-cap altcoins such
Bitcoin has seen a turbulent period recently, with an influx of around 100,000 BTC from government sales and Mt. Gox distributions leading to bearish market conditions. Technical analyst Willy Woo highlighted the impact of this influx, noting that it had led to an increase in speculation and the creation of more paper Bitcoin in the
