Tokenized asset market to hit $10T by 2030: Chainlink report
Despite current crypto market volatility, Chainlink projects rapid growth in tokenized assets, driven by institutional demand and regulatory advancements. Go to Source
Ethereum
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Vitalik Buterin endorses Celo for beating Tron in stablecoin addresses
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26. Go to Source
Golem report reassures no ETH dump after $337M transfers
Golem’s latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security. Go to Source
Ethereum’s Market Value Rebounds To $2,700 Amid Renewed Interest And Major Whale Movements
Ethereum has surged back to as high as $2,700, riding the wave of a broader crypto market rally. Social media is abuzz with renewed excitement around the second-largest cryptocurrency by market cap, and margin trading activity is on the rise, with Ethereum wallets on leverage exchanges hitting 7-week highs. 🗣️ Ethereum’s market value has rebounded … Read more
Ethereum is a ‘dictatorship’ claims Cardano founder Charles Hoskinson
Hoskinson says the Ethereum network is more like a “dictatorship” where Vitalik Buterin exerts too much influence over the development of the decentralized network. Go to Source
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of … Read more
Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise
Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users … Read more
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million. Go to Source
Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to … Read more
Ethereum gains 15% in a week — Is a recovery to $3K back in sight?
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic? Go to Source