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Purpose Ether ETF Inflowed Surge Past 50,000 ETH
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Purpose Ether ETF Inflowed Surge Past 50,000 ETH

The world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH recently.

Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
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Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News

Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.

US Banking Crisis Fuels Regulation Debate
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US Banking Crisis Fuels Regulation Debate

The recent fall of major banks in the US has reignited discussions about the most effective ways to safeguard the economy. Economist Peter Schiff argues that increasing banking regulations could contribute to a worsening economic crisis, while a group of economists warns that nearly 190 US banks are at risk of depositor-driven collapse due to monetary policies.

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
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Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.

SushiSwap CEO Proposes New Token Model
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SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024
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US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

The 18% increase in US bankruptcy filings in 2023, marked by economic challenges post-pandemic and high interest rates, is expected to continue into 2024. The retail sector, in particular, may remain vulnerable, though some relief is anticipated from easing monetary policies.

Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?
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Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?

DeFi educator Korpi believes the merge of Ethereum will be a game-changer because structural supply will shift to structural buying.

Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second
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Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second

Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49 billion.

19 of the World's Largest Banks Hold Nearly $9B in Digital Assets: Basel Committee Survey
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19 of the World's Largest Banks Hold Nearly $9B in Digital Assets: Basel Committee Survey

According to a survey by the Basel Committee, global banks hold nearly $9 billion in digital assets, and banks holding crypto assets may account for only 0.01% of total Bank for International Settlements (BIS) exposure.

Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity
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Cardano Elbows Ripple to Take 6th Position, Thanks to Heightened Development Activity

Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know
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Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.

CoinDCX Suspends Deposits and Withdrawals, Citing Compliance Requirements
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CoinDCX Suspends Deposits and Withdrawals, Citing Compliance Requirements

CoinDCX has suspended withdrawals. The exchange said compliance, risk and monitoring requirements necessitated the decision. All users are expected to follow an enhanced due diligence process to enable crypto deposits and withdrawals.

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