The influence of exchange-traded funds (ETFs) on the cryptocurrency market is experiencing a significant shift with the contrasting behavior of Bitcoin and Ethereum ETFs. A recent Glassnode report highlights that Bitcoin’s ETF impact is far greater than Ethereum’s, which is indicative of a demand disparity that BTC’s strong position in ... Read more
The U.S. Commodity Futures Trading Commission (CFTC) has issued a penalty order against Uniswap Labs, alleging illegal involvement in leveraged or margined retail commodity trading through its decentralized digital asset protocol. According to the CFTC, Uniswap Labs allowed U.S. users to trade leveraged tokens without proper authorization, leading to regulatory ... Read more
Ethereum has surpassed Bitcoin in terms of wallet growth. According to Santiment’s latest insights, ETH’s holder base continues to climb steadily whereas Bitcoin posted a slight decline in the total number of holders over the past three months. The divergence in wallet growth highlights ETH’s growing popularity and utility as ... Read more
Sreeram Kannan, founder of EigenLayer, has sparked a fiery debate on the relative security and scalability of Ethereum and Solana, two major blockchain platforms. The focal point of the debate revolves around the concept of multisig trust and social forking. The debate is a reflection of the ongoing evolution of ... Read more
Bitcoin’s market has been quiet, with speculations and investor movements at low levels. Current market trends are indicative of a balance between marginal profits and losses, with a reset of perpetual swap markets. Brief If history is any prelude, such tranquil periods generally tend to be short-lived and warn of ... Read more
Ethereum’s ongoing evolution in the crypto landscape stirs debate and enthusiasm among its supporters. Recently, Ether enthusiast Adriano Feria took to X to argue that the so-called “narrative problem” surrounding Ether will fade as industry leaders increasingly launch Layer 2 solutions, stablecoins, and market-fit products on the network. According to ... Read more
Bitcoin investment products experienced a significant surge last week, with inflows, following remarks by Federal Reserve Chairman Jerome Powell. Speaking at the Jackson Hole Symposium, Powell hinted at the possibility of the first interest rate cut as early as September. His comments appeared to fuel optimism among investors, particularly in ... Read more
Ethereum founder Vitalik Buterin was recently engaged in a lively discussion around migrating Telegram (TG) groups to Farcaster. Vitalik’s emphasis on end-to-end encryption highlights a crucial aspect of user security and privacy. His point about needing a federated system is also significant; interoperability among different messaging platforms could encourage broader ... Read more
In a move that has sparked considerable debate, the Ethereum Foundation recently transferred 35,000 ETH, valued at approximately $95 million, to the Kraken exchange. This transaction has drawn comparisons to past sales by the Foundation, particularly those in 2020 and 2021, which were followed by significant price movements in Ether. ... Read more
Sony has set the ball rolling with its first-ever Ethereum layer 2 blockchain, Soneium, in collaboration with Startale, a Web 3 provider. With a focus on scalability and accessibility, the upcoming blockchain is set to be an amalgamation of entertainment, gaming, finance, and various other possibilities. Soneium aims to connect Web3 with ... Read more
