Global

Bitcoin’s recovery tour continues as the cryptocurrency jumped from under $59,000 yesterday to a multi-day peak of over $63,000 earlier today.

The increased network activity of Layer 2s has generated a lot of noise in recent months.

Three former executives of the now-defunct cryptocurrency loan and investment company Cred are the subject of allegations from the US Department of Justice (DOJ), which claims they were part of a scam that caused consumers to lose their holdings in cryptocurrency, which are today worth over $783 million.

Some memecoins have performed remarkably well over the past few days as the cryptocurrency market settles into this new stage of the cycle.

According to CoinMarketCap, Cardano [ADA] was showing signs of recovery as of this writing, having climbed by 2% during the course of a 24-hour trading period.

It has been revealed by MakerDAO that two additional token will be released. The two tokens, NewStable and NewGovToken, were introduced in March.