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Update: Ethereum Foundation announces it will convert 10,000 $ETH worth around $43M via centralized exchanges over several weeks to fund R&D, grants, and donations.
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β‘οΈ UPDATE: Coinbase Derivatives to launch Mag7 + Crypto Equity Index Futures on September 22, offering first combined exposure to traditional equities and cryptocurrency ETFs.
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π₯ BULLISH: Hong Kong-listed Yunfeng Financial, linked to Jack Ma, acquired 10,000 $ETH ($44M) to support its expansion into Web3 and tokenized finance.
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π¦πͺ JUST IN: UAE's real estate giant RAK Properties will start accepting payments in crypto including Bitcoin, Ethereum, and Tether's USDT for international property transactions.
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World Liberty Financial has launched its USD1 stablecoin on the Solana blockchain, minting 100 million tokens to boost liquidity and support trading, lending, and settlement activities. This significant milestone marks the project's expansion into the Solana ecosystem, leveraging the blockchain's high-speed and low-tra...
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Telegram CEO Pavel Durov's detention in France has been extended due to allegations that the app facilitated criminal activities.
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Wall Street's Ethereum Boost ππΈ
Fundstrat's Tom Lee predicts Wall Street will build its core infrastructure on Ethereum ($ETH), calling it the "backbone of global finance." This bullish outlook highlights Ethereum's potential as a foundational element in the financial sector.
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Marc Cuban's Crypto U-Turn: From 'Bananas More Useful Than Bitcoin' to Bitcoin Being 'Digital Gold' π€―πΈ
In 2019, billionaire entrepreneur Marc Cuban sparked controversy by suggesting bananas were more practical than Bitcoin. Fast-forward to today, and Cuban has changed his tune, now seeing Bitcoin as a superior store...
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TRON founder Justin Sun announces a major update: network fees will be slashed by 60%! This significant reduction marks the largest fee cut since TRON's launch, potentially boosting user activity and adoption.
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A $5 billion Ethereum options expiry is coming up this Friday, and analysts predict it could drive ETH's price above $5,000 due to a high concentration o bullish strategies. This potential price surge is fueled by Bullish Sentiment,Increased Buying Pressure and
Market Momentum.
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Tether has just minted 1 billion USDT tokens on the Ethereum network, according to Whale Alert. This significant event could potentially impact the cryptocurrency market.
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