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Protocol Village: IoTeX 'DePIN Infrastructure Modules' to Reduce Development Time
17.7.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
17.7.2024
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest...
SEC Commissioner Peirce Discusses Staking in Ethereum ETFs
17.7.2024
In January 2024, the crypto ecosystem witnessed tradable ETFs for the first time in DeFi history. The spot Bitcoin ETFs have been trading for six months now. The second half of 2024 will see the launch and trade of ETH ETFs in American markets. The United States SEC Hester Peirce, often known...
Ethereum’s Year-End Price Forecasted by 9 Distinct AI Chatbots: $3,800 to $6,000
17.7.2024
During the past year, our newsdesk has explored using generative artificial intelligence (AI) chatbots to predict bitcoin prices and further extended this approach to forecasting the price of an ounce of fine gold. As part of this experiment, this week we used ethereum (ETH), the second largest...
Bitwise Report: Spot Ethereum ETF Can Push ETH Price Over $5k
17.7.2024
Bitwise anticipates a rally in Ethereum prices with the launch of the U.S.-based spot Ether ETFs next week. The introduction is set to push Ethereum to new levels and possibly even above $5,000. Volatility might be observed initially as funds will be redirected from the $11 billion Grayscale...
Here’s what happened in crypto today
17.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Degen Chain user loses 90% funds during bridge transfer
17.7.2024
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem
Degen Chain user loses 90% funds during bridge transfer
17.7.2024
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem
Solana traders chase $180 target after SOL gains 13% in 2-days
16.7.2024
A surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180
ETF Stands for 'Everything That Fits'
16.7.2024
First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money
Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches
16.7.2024
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...
Ethereum Rallies Above $3.4K; July Week-3 Price Forecast
16.7.2024
In the past few days, Ethereum (ETH) has exhibited solid bullish momentum, with its price stabilizing above the $3,400 mark amid talks of a potential approval of spot Ether ETFs. Essentially, the United States Securities and Exchange Commission is reported to have issued a ‘preliminary...
Memecoins, RWA, AI lead crypto narratives in Q2 2024
16.7.2024
Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024
US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
16.7.2024
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these...
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
16.7.2024
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions
Polygon launches upgrade ZK proving system Plonky3
16.7.2024
Polygon Labs unveils Plonky3, enhancing Ethereum scalability with improved zero-knowledge proof configurations and modular flexibility for developers
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
16.7.2024
Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum. Polygon's prior version, Plonky2, was released in 2022
Analysts Predict Spot Ethereum ETFs to Trade by July 23rd
16.7.2024
Reports in show that Spot Ethereum Exchange Traded Funds (ETFs) could start trading next week. According to Bloomberg analyst Eric Balchunas, Ethereum ETFs could launch in the United States by July 23. Spot ETH ETFs finally coming to traders Ethereum is up nearly 6% to trade at $3,403 today...
Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
16.7.2024
The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing