Your daily dose of Crypto

1. The total market cap stood at $2.2 trillion and is down by 1.3% in the last 24 hours.
2. BTC is facing resistance at $50k as the short term rally stalls, where as ETH is facing resistance at $3.4k.
3. LUNA has set a new ATH of $34.25 and is up by over 16% in the last 24 hours. link
4. Tezos blockchain has been selected as a partner to provide tokenized assets to institutional clients by a group of Swiss Fin-tech companies. link
5. Newsletter platform Substack has announced that it will accept Bitcoin for payments using the Lightning Network for a limited number of publishers. link
6. The majority of respondents of a survey of 2,500 Brits are more apprehensive towards “Britcoin”, the CBDC planned by Bank of England. link
7. In India, a new wave of young investors from non-metro cities have increasingly trading cryptocurrencies and stocks since the Covid-19 outbreak. link
8. El Salvador’s president has insisted that using Bitcoin as a legal tender won’t be compulsory in the country, in contrary to what the law says.
9. The saga of the Poly Network hacking has come to an end, as they announced that the hacker has returned all the remaining funds on twitter.