Category: crypto

The US Department of Commerce is publishing economic statistics on public blockchains for transparency and data security. The pilot program includes nine networks like Bitcoin and Ethereum. Major exchanges like Coinbase are assisting in making the data available. The initiative aims to make federal data immutable and universally accessible.

Everclear, a cross-chain clearing and settlement protocol, has integrated with the TRON network to solve liquidity fragmentation for blockchains and digital assets. TRON, with a circulating supply of USDT exceeding $82 billion, is a leader in the stablecoin market and onchain economy. Everclear plans to expand to more non-EVM blockchains in the future.

Solana has seen increased capital investment and user activity remains mixed. The network has high DEX volume, stablecoin supply, and TVL. However, fee and revenue growth are not accelerating. Liquidity is strong but usage is not fully monetized. Derivatives markets show steady activity. Solana remains a liquidity hub with potential for revenue growth if activity…

Solana’s token SOL has surged to levels not seen since February, boosted by community confidence in a network proposal. SOL briefly reached above $215 this week, gaining over 6% in 24 hours. Retail sentiment is positive, despite a decline in activity on Solana’s decentralized exchanges. The Alpenglow proposal aims to improve network efficiency, with strong…

US-listed Ethereum exchange-traded funds (ETFs) saw continued positive momentum on Aug. 27, with BlackRock’s ETHA leading the way with $262.23 million in inflows. Fidelity’s FETH and Grayscale’s ETH also saw significant inflows. Ethereum ETFs have attracted $4 billion in August and now hold $30.17 billion in net assets. Bitcoin ETFs also saw gains, with BlackRock’s…

The US Commodity Futures Trading Commission is integrating Nasdaq’s surveillance system to enhance oversight of digital asset and derivatives trading. This move replaces outdated monitoring tools and aims to detect misconduct more efficiently. The technology will provide automated alerts and cross-market analytics, allowing for faster response to potential threats.

Chinese fintech company Linklogis has partnered with the XRP Ledger to digitize global supply chain finance. This collaboration aims to simplify settlement processes for exporters, importers, and financiers. They plan to develop new products such as stablecoin-based settlement systems and smart contract platforms. XRPL’s tokenized RWA volume has increased, making it the ninth-largest blockchain by…

Circle and Finastra have partnered to integrate USDC stablecoin settlement into Finastra’s global banking infrastructure, aiming to modernize cross-border payments. This collaboration will allow banks using Finastra’s platform to settle transactions in USDC, reducing costs and delays associated with traditional fiat currencies. Regulatory scrutiny of stablecoins is increasing, but they are seen as a complementary…

In the second quarter, institutional investors increased their exposure to Ethereum through ETFs by 388,301 ETH, with investment advisors leading the way with $1.35 billion in exposure. Hedge fund managers and top Wall Street firms also saw significant increases in their Ethereum holdings. Total institutional exposure reached $2.44 billion by the end of the quarter,…

Bitcoin is trading near $112,000, facing resistance at $113,700 and support at $107,000. A breakdown below $107,000 could lead to a drop to $95,000-$93,000. While sentiment indicators show mounting pressure, market structure suggests Bitcoin has not yet experienced severe stress. The market remains indecisive with a potential binary outcome.