Zürich Cantonal Bank, the fourth-largest bank in Switzerland, has officially entered the cryptocurrency market. According to the announcement on September 4, ZKB is allowing its clients and third-party banks to trade and store cryptocurrencies like Bitcoin and Ethereum. Further, the bank’s offerings are integrated with its existing digital platforms, ZKB
21Shares has officially launched 21BTC, a new Bitcoin wrapper on the Ethereum network. This product allows users to access Bitcoin’s value while utilizing the diverse functionalities of Ethereum’s decentralized finance (DeFi) ecosystem. By introducing 21BTC, 21Shares aims to bridge the gap between the two most dominant cryptocurrencies, offering a unique
Scroll, an Ethereum Layer 2 scaling solution utilizing zero-knowledge rollups (ZK-rollups), made headlines with its upcoming token and airdrop launch. As of July 2024, Scroll completed a significant upgrade to its mainnet called the Curie upgrade. It raised $50M in the last round of funding with a $1.8B valuation. It
A trader identified as 0x430 achieved a notable profit by investing $5K into Ethervista, a new Ethereum Layer-2 network. Within 48 hours of the token launch, this investor turned their initial stake into $670K, reported prominent data aggregator platform, Arkham Intelligence. Ethervista has attracted significant attention in the Ethereum DeFi
Vitalik Buterin, co-founder of Ethereum, thinks that with the help of AI and prediction market technologies, the social media platform X can speed up the generation of Community Notes. Users may provide more context to postings that might be misleading by using the Community Notes, which is an X feature.
Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.
The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling
Ethereum’s price oscillation in August has left traders anxious due to eminent volatility. With the influx of September, anticipation of ETH price recovery is high. Several crypto analysts believe the ETH price below $2.6K may not show remarkable upside momentum in the near term. The largest altcoin witnessed a price
Vitalik Buterin, co-founder of Ethereum, has once again captured the crypto community’s attention with a major ETH transaction. According to Lookonchain, Buterin recently transferred 800 ETH, valued at approximately $2.01 million, to a multisig wallet. Shortly thereafter, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged
As August ends today, Ethereum (ETH) is harrowing to hold up its upside momentum. ETH’s previous upward momentum has reversed and witnessed significant bearish momentum. This largest altcoin fails to break the oscillating price range and chooses to consolidate within $2.5K-2.6K. Notably, ETH hit its seven-month low at the $2.1K
