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ETH

cryptocurrency August 19, 2024

The altcoin season index continued to indicate BTC’s dominance. ETH’s market indicators looked bearish, but SOL’s indicators turned bullish.  Bitcoin [BTC] has been the center of attraction for quite some time, with the king coin touching its all-time high and plummeting to near $55k soon thereafter. Advertisements In fact, Bitcoin’s dominance has also moved up […]

cryptocurrency August 19, 2024

Key Takeaways US agencies aim to treat cryptocurrencies as traditional money for reporting purposes. Final rulemaking on crypto as money expected by September 2025. Share this article Advertisements Advertisements Advertisements Several top US federal agencies are collaborating to revise the definition of “money” to strengthen reporting requirements for financial institutions handling domestic and cross-border cryptocurrency […]

cryptocurrency August 18, 2024

Ethereum co-founder Vitalik Buterin has registered the dacc.eth domain name today, months after publishing a blog post about the idea of defensive accelerationism. Advertisements The registration has sparked speculation about what Vitalik intends to do under the new domain name. Buterin Advocates for Responsible Tech Growth The term d/acc stands for Defensive (or Decentralized or […]

cryptocurrency August 18, 2024

BlackRock surpassed Grayscale in ETFs holdings for the first time. BlackRock ETFs hit $21,217,107,987, while Grayscale ETFs stood at $21,202,480,698 at press time. BlackRock ETFs have made a historical shift, overtaking Grayscale ETFs for the first time. According to an X (formerly Twitter) post by Arkham Intelligence, Advertisements ” Rocket ETF holdings overtake Grayscale for […]

cryptocurrency August 18, 2024

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

cryptocurrency August 17, 2024

Franklin Templeton joins Hashdex in the crypto index fund race  The index fund will track ETH and BTC The $1.5 trillion asset manger Franklin Templeton is the latest player seeking to launch a crypto index ETF (exchange-traded fund). The firm filed a registration statement, S-1 form, with the U.S SEC (Securities and Exchange Commission) for […]

cryptocurrency August 16, 2024

As of Friday, BlackRock’s ETF (exchange-traded fund) became the largest collective holder in the market, surpassing Grayscale for the first time in on-chain holdings. Advertisements The rising interest in Bitcoin (BTC) and Ethereum (ETH) continues to fuel institutional demand following the approvals of ETFs. This shift highlights the growing confidence in these digital assets among […]

cryptocurrency August 16, 2024

Tron’s network activity hit $435 million, surpassing Ethereum’s $364 million. Its network revenue estimated to hit $2 billion in 2024. Tron’s [TRX] network adoption has experienced exponential growth over the past three months. Despite the high crypto market volatility, the network has surged in address, revenue, and activities. Advertisements The increase in Tron’s adoption arises […]

cryptocurrency August 16, 2024

Eigen Layer, a leading restaking protocol on Ethereum (ETH), saw at least $351 million worth of capital ooze out in the last 24 hours. Advertisements The drop follows shocking revelations about the protocol’s airdrop policy, with EigenLayer coming to its own defense. EigenLayer Airdrop Policy Controversy Users on X (formerly Twitter) were abuzz on Thursday following reports […]