Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to as “Uptober” for its historical bullish trends, market sentiment remains cautious, with both leading cryptocurrencies struggling to maintain momentum. Currently, ETH is trading around
To facilitate the issuance and management of digital assets, Visa unveiled its new Visa Tokenized Asset Platform (VTAP). The financial services behemoth unveiled the VTAP on October 3; it claims to be compatible with several tokenized assets, including stablecoins and CBDCs. Visa reports that BBVA is one of many participating
Raydium has launched Teleport, a groundbreaking feature that enables seamless token transfers from Ethereum-based networks to the Solana blockchain. This new tool leverages the Wormhole network to simplify cross-chain transactions. Consequently, users can transfer tokens effortlessly between these two ecosystems, improving overall efficiency. In an official announcement, Raydium emphasized its
In a remarkable show of confidence amid market volatility, the enigmatic group known as the “7 Siblings” has re-entered the spotlight, amassing significant Ethereum (ETH) holdings worth over $66 million. This latest acquisition of 28,120 ETH comes as part of a strategic buying spree during a recent dip in the
Ethereum co-founder Vitalik Buterin has recently engaged with the community on social media, addressing concerns surrounding Ethereum’s staking requirements. In response to a community member’s reflection on their solo validator experience since the Beacon Chain’s launch in December 2020, Buterin emphasized the importance of solo staking for maintaining true decentralization
Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical
Uptober’s failure to initiate the bull run yet, has caused a feeling of unrest in the crypto community. Significant cryptocurrencies have incurred major dips in the last 2 days, this has put investors in a tough spot. The decision to sell or buy the dip has been looming within the
As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone
Ethereum staking yields to surpass the U.S. interest rates in 2025. As the Federal Reserve continues to cut interest rates, the gap between Ethereum staking returns and traditional risk-free rates is anticipated to minimize. ETH stake yields are currently positioned at 3.2%. With the U.S. rates expected to fall below
Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s market capitalization by 1.49%, now sitting at $316 billion, combined with a steady circulating supply of 120.37
