Europe Passes MiCA, MakerDAO Strengthens Reserves, and More!

Bitcoin and Ethereum are down by 3% and 3.

6%, respectively, over the past week. In this regard, Bitcoin dropped the least out of all the major Layer 1 protocols, as shown in Figure 1.

On another front, Metis and MakerDAO outperformed in the Layer 2 and decentralized finance landscapes, respectively.

MakerDAO appreciated 16.

3%, while Metis.