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The Depository Trust & Clearing Corporation's latest blockchain pilot found “robust functionality and potential” for tokenizing Treasuries.
The top three weighted assets of the GMAI index is FET, RENDER and TAO.
The funding comes weeks after Celestia developers unveiled a plan to scale the network to 1 gigabyte blocks.
Ethereum ETFs gain traction with $13 billion in trading volume, but ETH price impact remains subdued
Since their launch on July 23, spot Ethereum ETFs have accumulated $13 billion in cumulative spot volume across nine funds.
At first glance, we’re seeing a mix of bullish signals, yet bitcoin remains stuck in the doldrums.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday.
Under the terms of the deal, Riot is prohibited from acquiring more than 20% of Bitfarms without prior board approval.
The positive correlation between cryptocurrencies and the S&P 500 has risen to levels not seen since mid-2022, according to Bloomberg data.
The surge was likely driven by the U.S. Federal Reserve’s 50-basis-point interest rate cut, Head of Research James Butterfill said.