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Following the Bitcoin Strategy ETF and Bitcoin Miners ETF, Valkyrie has recently submitted an application for registration of an Ethereum futures exchange-traded fund (ETF) under the name Ethereum Strategy ETF. Valkyrie files application for Ethereum ETF Futures According to documents filed with the U.S. Securities and Exchange Commission (SEC)
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After months of development and testing involving over 400,000 user wallets on the testnet, opBNB has entered its final testing phase specifically tailored for infrastructure developers before its mainnet launch. opBNB "opens doors" to mainnet for developers The final stage of opBNB before the Public Mainnet On
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The Federal Reserve's instant payment system, FedNow, has recently integrated Dropp, a micro-payment platform operating on the Hedera network. According to the announcement, Dropp serves as an alternative payment solution, facilitating transactions of small values at affordable fees. Currently, Dropp supports payments in HBAR, USD, and USDC. Today,
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The price volatility of the largest cryptocurrency by market cap, BTC, has tightened around $29,000, reaching its lowest levels in history over the past 30 days. Bitcoin Price Volatility Hits Record Lows According to data from The Block, BTC has exhibited notably subdued movement, with a volatility measure of
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Binance has decided to delist the final trading pair SRM/BUSD, marking the end of an era for the once-prominent project within the Solana ecosystem. Serum, once a celebrated DEX platform, had already admitted to being "inactive" since late November 2022, leaving the community deeply nostalgic. The project
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After a period of anticipation and self-reflection, Sei Network has finally announced the tokenomics for its project. Sei Network (SEI) Unveils Tokenomics, Boosts Airdrop Allocation Amid the spotlight on two projects set to list on Binance tonight (15/08), Sei has just released its tokenomics. Token Utility of SEI Transaction
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The amount of ETH burned through the EIP-1559 mechanism has dropped to its lowest point in 2023, indicating a significant slowdown in Ethereum network activities. According to data from The Block, on August 12th, the amount of ETH burned was 570.54 ETH, the lowest since 2023 began. The closest
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Ripple (XRP) skyrocketed to $50 in an instant shortly after being relisted on the Gemini exchange. XRP Hits $50 Milestone on Gemini Due to Price Glitch On Twitter, users shared screenshots of XRP experiencing abnormal price movements just hours after Gemini relisted it. Reports described XRP initially fluctuating around $1
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The U.S. Securities and Exchange Commission (SEC) is set to file an appeal against a recent U.S. court decision that ruled Ripple's XRP token is not a security in certain instances. SEC to Appeal US Court Ruling on Ripple Lawsuit In a filing submitted to the
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While the newly launched stablecoin by PayPal is still making waves, the supply of these assets has plummeted over the past year. Supply of Stablecoins, Crypto Trading Volume Plummets Despite Positive Signals According to data from The Block, the total supply of stablecoins has significantly decreased since mid-2022. In 2023
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Despite not yet being officially listed, SEI, the token of Sei Network's layer-1 blockchain, is already trading long/short around the $0.2 USD mark on the Aevo derivative platform. SEI Trading Early at $0.2 USD Similar to IOU debt futures, Aevo's Pre-launch Token Futures
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Circle, the entity behind the world's second-largest stablecoin USDC, has launched a customizable Web3 wallet platform aimed at businesses looking to provide digital payment solutions to customers. Circle Introduces New Web3 Wallet Application Last night (08/08), Circle unveiled a customizable Web3 wallet platform, providing businesses with an