Sys Labs Launches Layer-2 Network, Crypto Daily TV 29/6/2023

Crypto Daily
Crypto Daily

29 Jun 2023 8:06 AM

Sys Labs has launched a “layer 2” network called Rollux for cheaper and faster transactions....

  • Sys Labs, the developer behind the Syscoin blockchain, has launched a "layer 2" network called Rollux for cheaper and faster transactions.
  • Fidelity is expected to file for a spot bitcoin exchange-traded fund (ETF) with the U.S. securities regulator, joining other big money managers seeking to launch bitcoin ETFs.
  • Binance, the world's largest cryptocurrency exchange, saw its market share continue to decrease in June as the U.S. Securities and Exchange Commission sued the company and its founder Changpeng Zhao.
  • The article also mentions the performance of various cryptocurrency pairs (Bitcoin-Dollar, Ethereum-Dollar, Ripple-Dollar, and Litecoin-Dollar) and provides technical indicators for each pair.
  • Economic indicators such as the US Gross Domestic Product Annualized, Australia's Retail Sales, US Gross Domestic Product Price Index, EMU Business Climate, Portuguese Consumer Confidence, and Japan's Tokyo CPI are mentioned with their respective release times.

Overall, the sentiment in the article is mixed. Positive sentiment can be observed in the launch of Sys Labs' Rollux network for cheaper and faster transactions. However, negative sentiment is present in the decrease of Binance's market share and the legal issues faced by the company. The performance of cryptocurrency pairs also indicates negative sentiment with price drops and negative technical indicators.

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You May Ask

What is Sys Labs' new network called and what is its purpose?Which asset manager is expected to file for a spot bitcoin ETF?Why did Binance's market share decrease in June?What are the technical indicators for the mentioned cryptocurrency pairs?What are some upcoming economic indicators and their release times?

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