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Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%
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Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%

"Although the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its…
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EigenLayer Unveils EigenPod Upgrade to Enhance ETH Restaking
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EigenLayer Unveils EigenPod Upgrade to Enhance ETH Restaking

Peter Zhang Sep 05, 2024 11:52 Eigen Labs introduces the EigenPod upgrade, a major update to EigenLayer, simplifying and rewarding native ETH restaking. Eigen Labs has announced a significant update…
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Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues
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Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues

The leading cryptocurrency by market value fell over 2% to $56,700, having failed to secure a foothold above $58,000 on Wednesday. Prices peaked above $65,000 on Aug. 25 and have…
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Blockstream Mining Starts Third Investment Round for Hashrate-Backed Tokenized Note
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Blockstream Mining Starts Third Investment Round for Hashrate-Backed Tokenized Note

Crypto markets are becoming increasingly financialized, and hashrate-backed contracts are not new. What’s unique about Blockstream’s note is its duration. Most contracts lock in the hashprice for up to 12…
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BitMEX Introduces AAVEUSD and AAVEUSDT Perpetual Contracts with 20x Leverage
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BitMEX Introduces AAVEUSD and AAVEUSDT Perpetual Contracts with 20x Leverage

James Ding Sep 04, 2024 11:47 BitMEX to launch AAVEUSD and AAVEUSDT perpetual contracts with up to 20x leverage on September 4, 2024, expanding its derivatives offerings. BitMEX is set…
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The Sandbox’s Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
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The Sandbox’s Largest Market for Creators Is Now India: Co-Founder Sebastien Borget

The country now supplies 66,000 creators, who develop games for the immersive environment, compared with 59,989 in the U.S. and 25,335 in Brazil. The plan to focus on India was…
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Binance Expands Loanable Assets for Flexible Rate and VIP Loans
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Binance Expands Loanable Assets for Flexible Rate and VIP Loans

Darius Baruo Sep 04, 2024 11:19 Binance has added new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users seeking crypto-backed loans. Binance, one of…
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Illiquid Bitcoin Entities Now Control Record 74% of BTC’s Circulating Supply
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Illiquid Bitcoin Entities Now Control Record 74% of BTC’s Circulating Supply

"Bitcoin's illiquid supply reached a new all-time high of almost 74% of circulating supply according to data provided by Glassnode, signaling that the Halving-induced supply shock is actually intensifying. This…
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Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
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Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East

"As compared to other Middle Eastern countries, Qatar’s approach is notably advanced, offering a more structured and clear regulatory environment," said Navandeep Matta, a senior associate at Kochhar & Co.…
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Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
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Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%

"The initial positive market reaction [to Fed's impending rate cuts] is justified because investors believe that if money is cheaper, assets priced in fiat dollars of fixed supply should rise,"Arthur…
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