Market has bounced off the bottom by somewhere around 13%. Bitcoin was trading above $56,000 in the morning but failed to hold that level, and now bulls are fighting for support at $55,000 🐂

With each day spent at these price levels, it will be more and more difficult for the market to return to the previous bullish trend with a quick V-shaped bounce ⌛️

India’s tax authorities issued a notice demanding a Goods and Services Tax (GST) payment of $86 million from Binance exchange 💸

Ronin Network, one of the most popular gaming blockchains, lost 3,996 Ether ETH worth over $9.8 million in a potential exploit 💰

French fintech company Next Generation and Ireland electronic money institution Decta have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain 🇪🇺

🔹 Last 24 hours top 3 gainers:

Brett - $0.093 (↑49.26%)

Bittensor - $253.01 (↑35.86%)

Ondo - $0.702 (↑35.39%)