Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

Monad has officially launched its blockchain, coinciding with an airdrop of its MON tokens and a total supply of 100 billion tokens, of which 10.8% are currently circulating in the market. This launch follows a successful $269 million Initial Coin Offering (ICO) led by Coinbase, marking a significant milestone for the company.

Grayscale has filed to list the first Zcash ETF in the U.S., coinciding with a remarkable rally in Zcash's price, which has surged over 1,500% this year. This move marks a significant step for Grayscale as it expands its portfolio of cryptocurrency investment products.

The CoinDesk 20 index has reported a notable performance update, with Bitcoin Cash (BCH) being the only cryptocurrency to gain, increasing by 2.8%. This comes amidst a broader trend of declines in the cryptocurrency market, where many assets have faced significant downturns recently.

A new cryptocurrency project aimed at transforming stablecoins has seen its token crash by 90%, raising concerns about its viability and the overall stability of the stablecoin market. This dramatic decline follows a period of heightened volatility in the cryptocurrency sector, where many tokens are struggling to maintain value amidst market fluctuations.

Swiss Bank AMINA is currently testing Google Cloud's Ledger technology to facilitate instant payments, marking a significant step in the integration of cloud solutions within the banking sector. This trial aims to enhance transaction efficiency and speed for the bank's operations.

Binance has launched a bespoke service tailored for ultra high-net-worth crypto investors, aiming to cater to the unique needs of this affluent demographic in the cryptocurrency market. This initiative reflects Binance's commitment to expanding its offerings and enhancing customer experience for high-value clients.

Filecoin has experienced a 1.8% rise, defying the general weakness observed in the cryptocurrency market. This increase follows a recent trend where Filecoin has shown resilience, particularly after breaking through key resistance levels, indicating a positive shift in market sentiment.

Bitcoin has shown a reliable bottom signal as short-term holders capitulate, indicating a potential shift in market dynamics. This capitulation comes amidst significant price fluctuations, with Bitcoin's value recently hovering around $86,000 after a notable decline from its all-time high of $126,000.