Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me
The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress. Go to Source
Ethereum
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Analysts Anticipate Altcoin Outperformance and Bullish Q4
Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially if macroeconomic conditions improve. They discussed altcoin market capitalization growth, bitcoin’s declining dominance, and speculative exhaustion in altcoins as key indicators of this trend. Analysts … Read more
Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure
DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement provided to Bitcoin.com News, the Lumina system integrates modular components to gather, verify, process, … Read more
3 reasons why Ethereum price has lagged behind Bitcoin in 2024
Ethereum fell to a 40-month low in its ETH/BTC pair, and data suggests the downside is set to continue. Go to Source
Movement Labs targets 1-second L2 finality by end of 2024: Co-founder
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said. Go to Source
Price analysis 9/11: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin recovered sharply from its intraday low, but holding these gains will determine whether bulls and dip buyers are ready to fight for a stronger trend reversal. Go to Source
VanEck, StoneX analysts peg Ether price upside at $12K to $22K
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates. Go to Source
Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate
Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again. Go to Source
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. … Read more
Ramp Network Expands Crypto Services to All 50 US States
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell digital currencies. Ramp Network Covers 50 States, … Read more