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Today’s Cryptocurrency Headline
Immutable X, the NFT Layer2 protocol, has launched a cross-rollup, a liquidity solution that can expand multiple L2/L3 zk-rollups, which aims to bring the scalability and composability of NFTs to Web3 gamers. Immutable X claimed that cross-rollup will not compromise the security of Ethereum and support users to seamlessly transfer NFTs between any rollup. Immutable X will first extend to include composable smart contracts and EVM/Solidity to the StarkNet network.
BingX’s Bitcoin Chart
According to Glassnode, the hash rate of Bitcoin has increased by 21% since 2022. The current hash rate of the entire network reaches 209.89 EH/s, and the difficulty of the entire network is 31.25T, both at a historically high stage. Bitcoin is almost flat over the past 24 hours, and it has been trading in a tight range between $28,500 and $30,000 over the past 2 weeks, indicating it is in a consolidation phase. The bulls will be trying to push and sustain the price above the $30,000 price. If they succeed, the BTC/USDT pair could rally to the 20-day exponential moving average (EMA) ($31,322).
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