Cryptocurrency Live News & Updates : ATOM Falls Below $4 Amidst Increased Selling Pressure

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02 Jul 2025 | 12:25:11 AM IST

Cryptocurrency News & Live Updates

Synopsis

Zama has launched its public testnet alongside a simplified white paper, warning users against publishing sensitive data as the platform is unaudited and not for production use.

In recent developments, Zama has introduced its public testnet and a simplified white paper, urging caution as the platform has not been audited and is unsuitable for sensitive data. Meanwhile, Federal Reserve Chair Jerome Powell remains tight-lipped about his future role beyond May 2026. In a notable philanthropic move, Binance’s Changpeng Zhao donated $10 million in BNB to Vitalik Buterin’s biotech initiatives, aiming to leverage blockchain for scientific advancements. On the market front, Polkadot’s DOT has seen a 4% decline, testing support at $3.32 amidst a broader market downturn. Lastly, Botanix has launched its Layer 2 mainnet for Bitcoin, promising to cut block times to five seconds while maintaining decentralization, a significant step towards enhancing Bitcoin’s utility beyond just a store of value. These updates highlight the dynamic nature of the cryptocurrency landscape, with innovations and market fluctuations shaping the future of digital assets.

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1 New Update

12:25:04 AM IST, 02 Jul 2025

Zama Unveils Public Testnet and Simplified White Paper

Zama has launched its public testnet alongside a simplified white paper, warning users against publishing sensitive data as the platform is unaudited and not for production use.

12:20:03 AM IST, 02 Jul 2025

Powell Remains Silent on Future Fed Role

Federal Reserve Chair Jerome Powell has opted not to disclose his intentions regarding his position as a Fed governor beyond May 2026.

12:15:04 AM IST, 02 Jul 2025

CZ Donates $10M in BNB to Vitalik’s Biotech Projects

Binance’s Changpeng Zhao has contributed $10 million in BNB to Vitalik Buterin’s open-source biotech initiatives, aiming to leverage blockchain for scientific advancements.

12:10:05 AM IST, 02 Jul 2025

Polkadot’s DOT Faces 4% Decline, Testing $3.32 Support

Polkadot’s DOT has decreased by 4% from its recent high, currently testing support at $3.32, with resistance noted at $3.46.

12:05:06 AM IST, 02 Jul 2025

Botanix L2 Mainnet Launches, Reducing Bitcoin Block Times

Botanix has launched its decentralized Bitcoin Layer 2 mainnet, promising to cut block times to five seconds and enable smart contracts without centralization.

12:00:11 AM IST, 02 Jul 2025

ATOM Falls Below $4 Amidst Increased Selling Pressure

ATOM-USD has plunged below the crucial $4.00 mark after encountering resistance at $4.18, despite a late recovery attempt. The cryptocurrency faces immediate resistance at $4.02 and support at $3.98.