Category: crypto

The Ethereum Foundation plans to sell 1,000 ETH to support research, grants, and donations. They will convert the ETH into stablecoins via CoWSwap. This follows a similar move in September when they sold 10,000 ETH. The foundation aims to minimize the impact on market prices by selling in small chunks.

TOKEN2049 removed the A7A5 stablecoin from its sponsor list and speaker roster following inquiries by Reuters. The stablecoin, tied to a Kremlin ally and sanctioned by the US and UK, has handled $70.8 billion in transactions and raised concerns about sanctions evasion and global adoption. A7A5 executive defended the project as a legitimate payments tool.

CME Group is launching 24/7 trading for Bitcoin and Ether futures and options in early 2026 to cater to increasing institutional demand for constant risk management. This move follows record crypto volumes at CME, with $39 billion notional open interest in September and a 230% surge in daily contract volumes year-on-year.

Cronos, Crypto.com, and Morpho are partnering to enhance decentralized finance and asset tokenization on the Cronos blockchain. The collaboration aims to expand DeFi lending, tokenization, and the use of wrapped assets like Crypto.com wrapped Bitcoin and Ethereum. This integration will provide advanced DeFi lending opportunities to millions of users globally.

The European Central Bank has selected external providers to help with the rollout of the digital euro. Companies like Feedzai and Capgemini Deutschland have been chosen to provide services for the potential launch. The official launch date is still uncertain, with progress dependent on the adoption of the Digital Euro Regulation.

The Ethereum Applications Guild, co-founded by Vitalik Buterin and Xiao Feng, aims to drive Ethereum into its application phase. It builds on Shanhaiwoo’s experiment, focusing on structured collaboration across the ecosystem. The initiative seeks to accelerate the deployment of native Ethereum projects and shift the network into an application-driven era.

Fitell invested $1.5 million in 216.8 million PUMP tokens, following a $100 million facility for Solana assets. The company transitioned from selling fitness equipment to focusing on crypto. Fitell aims to become a major Solana holder and plans to offer DeFi services. It is rebranding as “Solana Australia Corporation.”

Ether.fi price surged by 25% in 24 hours, reaching an eight-month high of $1.79. This increase was driven by broader crypto gains, with Bitcoin and Ethereum also rallying. The token now aims to break above $2.00, with recent integrations and listings contributing to its momentum and growth in the decentralized finance space.

The global stablecoin market cap has exceeded $300 billion for the first time, with USD-backed tokens leading the way. Tether’s USDT dominates the market, followed by Circle’s USDC and Ethena’s USDe. Ethereum and Tron are the top networks hosting stablecoins, with a push for tokens pegged to other currencies emerging.

Bitcoin ETFs have seen strong inflows totaling $2.25 billion over four days, with BlackRock’s IBIT leading in inflows. Bitcoin price surged to $120,550 before settling around $119,903. Ethereum ETFs also saw inflows. The market is showing strength with potential for further upside, with resistance at $120,550 and support at $117,000.