Presented by

OVERVIEW

Apes Out

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

*If you’re a business and want to access this data via our API, email us.

New In Three Sentences
Crypto News 📰

🐒 ApeCoin Leaps +120%

ApeCoin (APE) doubled has spiked +120% since last Friday, thanks to the launch of ApeChain by Yuga Labs. The new Layer 3 blockchain lets users mint NFTs, trade, and stake APE, ETH, and stablecoins for automatic rewards. ApeCoin’s X.

📶 Helium Claims Big Telcos Use Their Network

Helium Network boasts that two out of three major U.S. telcos are offloading data through their hotspots. So next time you're in a crowded gym and your call doesn't drop, maybe thank a Helium hotspot owner who's earning rewards while you stream cat videos. Helium’s X.

🛡️ Aleph Zero's Shielding Demo—Privacy Features Get a Test Run

Aleph Zero rolls out its Shielding Demo on the testnet, letting users conceal their token transactions using zk-SNARKs. While it's a step toward enhanced privacy, users are advised to follow specific guidelines to maintain anonymity. For now, it's a testnet feature, with promises of future integration into user-friendly applications. AlephZero blog.

📊 IOTA Shares Updates But Keeps Key Projects Under Wraps

The IOTA Foundation reports substantial progress in various departments but notably omits any updates on their R&D due to a mysterious 'undisclosed internal project.' While they tout partnerships and new initiatives like iotalabs.io, the lack of transparency on their main developments leaves one wondering what's really going on behind the scenes. IOTA blog.

📉 Stagflation Then and Now

Truflation wrote a pretty good piece that dives into 1970s stagflation and reminds us how economic policies and external shocks led to a troubled economy. With parallels drawn to today's situation—like supply chain issues and inflation—it's a cautionary tale. Let's hope policymakers have learned from the past to avoid a repeat scenario. Truflation blog.

🛡️ ECC Shares Flexible Roadmap—Plans May Change, Stay Tuned

ECC unveils its latest roadmap for Zcash, emphasizing an 'unrestrained' and flexible strategy. While they outline plans for new features and collaborations, the emphasis on agility suggests that specifics might be up in the air. It's a cautious way to set expectations without making firm commitments. Zcash blog.

🔗 Bitcoin Meets Aptos via Stacks

Stacks is bringing sBTC to the Aptos Network, aiming to make Bitcoin more versatile by enabling its use in smart contracts and dApps. After wrapping up an SEC investigation, they're pushing forward to add functionality to Bitcoin. It's an ambitious plan to make Bitcoin more than just digital gold, but whether Bitcoin enthusiasts will embrace this remains to be seen. Decrypt.

🛡️ Wanchain Says 'Me Too' to Cardano's Tech

Wanchain points out that it's using Cardano's Ouroboros PoS, joining the club of blockchains inspired by Cardano. With Polkadot already on board and Ethereum eyeing liquid staking and UTxO models, seems like everyone's lining up to borrow ideas. Wanchain’s X.

🌐 Astar Kicks Off dApp Staking—Time to Lock Up Those Tokens

Astar Network announces that the voting period for dApp Staking is now open. Stake your Astar tokens to support the ecosystem and maybe get some rewards. Don't forget to read the staking guide—because who doesn't love a good manual before locking up their assets? Astar’s X.

SPONSORED

tastytrade. It’s Where You

Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade. Trade.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. tastytrade, Inc., and Stocktwits are separate and unaffiliated companies that are not responsible for each other’s services, products, and policies.