Friend.tech’s FRIEND token tanks to record low as team abandons control of smart contracts
Key Takeaways FRIEND token's value dropped over 30% in the last 24 hours. Friend.tech transferred smart contract control to a...
Ethereum
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation...
Polymarket is a ‘social epistemic tool’ for the public, Vitalik Buterin argues as CFTC scrutiny intensifies
AI-enhanced image of Vitalik Buterin. Source image from Tech Crunch. Key Takeaways Polymarket's trading volume surpassed $390 million as interest...
A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records
In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion,...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
70% of World Liberty Financial’s Tokens Are Reserved for Insiders: Report
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is...
Ethereum Price Analysis: Why is ETH Under-Performing This Year?
TLDR: Ethereum (ETH) price is underperforming compared to the broader crypto market ETH price dropped 5.2% between Sept. 3-4, facing...
Bitcoin L2 Core Launches Liquid Staking For BTC
The Core Foundation announced Thursday that it is launching a liquid staking token backed by BTC on the Bitcoin-backed Layer...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum...
US Bitcoin ETFs shed $277 million over past week amid market downturn
Key Takeaways US Bitcoin ETFs saw a total of $277 million in outflows last week. BlackRock's iShares Bitcoin Trust reported...
Altcoin Season Kicks Off: Bitcoin Weakness Fuels Speculation
Analysts are focusing on altcoins as Bitcoin (BTC) experiences a price decline, with hopes of a potential altseason. This phase,...
Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading
Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with...
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity...
Zero Flows in 4 of 5 Days
On Tuesday, BlackRock’s iShares Bitcoin ETF recorded another day of zero inflows, while US spot Bitcoin (BTC) ETFs continued their...
Polygon Is Migrating From MATIC to POL: Here’s Everything You Need to Know
Polygon Labs is making major strides toward the future of its network on Wednesday.On September 4, the Ethereum scaling network...
Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over...
Bitcoin funds see $319 million in outflows as US economic data strengthens
Key Takeaways Digital asset investment products saw $305 million in outflows last week. Short Bitcoin investment products recorded $4.4 million...
US Economic Data Drives $319 Million Bitcoin Outflows
Bitcoin (BTC) is showing resilience despite the shifting sentiment in the crypto markets, with weekly outflows reaching $305 million. This...
Bitcoin inflows surge to $543 million after Powell’s dovish comments
Key Takeaways Digital asset investment products saw $533m inflows, the largest in five weeks. New Ethereum ETFs have seen $3.1bn...
Is Crypto to Blame for Telegram CEO Pavel Durov’s Arrest?
In the wake of Telegram CEO Pavel Durov’s bombshell arrest in France last weekend and subsequent criminal indictment, much is...
Native BTC Staking Is Coming to Bitcoin Layer-2 Networks, Babylon Says
Staking Bitcoin is fast becoming a reality—a functionality once the sole privilege of proof-of-stake crypto networks.Thanks to Babylon, HODLers can...
Vitalik Buterin defends recent ETH sales, says they’re for projects and charity
Vitalik Buterin clarifies ETH sales were for projects and charity, not profit. He held 325K ETH three years ago but...
