Ripple to Launch RLUSD Stablecoin on Ethereum Main Chain and XRPL
TL;DR Ripple will launch its new stablecoin, RLUSD, on the Ethereum main chain and XRP Ledger (XRPL), projecting growth in the stablecoin industry to $2.9–$3 trillion
ethereum (Latest Publications)
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’s smart contract functionality allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility and community support have made it a popular choice for building decentralized applications and other blockchain-based projects.
Ethereum Whales on an Accumulation Spree Amid Bullish Market Signals
TL;DR Ethereum Whales Accumulating: Crypto analyst Ali Martinez reports over 700,000 ETH purchased by whales, indicating strong confidence with a $2.45 billion investment. Bullish Market Indicators:
Crypto Market in Red: BTC Drops Below $66K and Altcoins Plummet
TL;DR Bitcoin and other major currencies experience significant drops in value. The global capitalization of the crypto market decreases by 2.89% in the last day. Ethereum,
Ethereum Ecosystem Hits Record 245.87 TPS Thanks to New L3 Solution Xai
TL;DR Xai, an Ethereum layer-3 (L3) solution, reached a record of 101.72 transactions per second (TPS) on June 16. Despite the high TPS, the total value
Ethereum, LIDO, and XRP Gain as Bitcoin Suffers $621M Outflows
TL;DR Bitcoin Outflows: Bitcoin sees $621M outflows, the largest since March 22, 2024, influenced by the FOMC’s stringent stance and increased investments into short-bitcoin positions. Altcoins
Ethereum Demand Surges: Long-Term Holders Accumulate $1.34 Billion in ETH
TL;DR Ethereum Demand Increase: Long-term holders have accumulated $1.34 billion in ETH, with a single-day purchase of 298,000 Ether tokens on June 12, indicating strong confidence
Crypto Market Sees $1 Billion Surge in May Investments, Reports KuCoin Research
TL;DR During May, crypto market investments surpassed one billion dollars, a 10.61% increase compared to the previous year, but 6.4% lower than in April. The approval
SEC Chair Gensler: Ethereum ETFs Could Be Fully Approved by September
TL;DR The SEC’s Gensler plans to approve Ethereum Ethereum ETFs by summer. ETF approval process advances after first approvals. The CFTC’s Behnam considers ETH a commodity.
Ethereum Layer 2 Adoption Skyrockets with New Uniswap V2 Pools
TL;DR The Ethereum DeFi ecosystem is experiencing an increase in Uniswap V2 pools on Layer 2 solutions, enhancing scalability and reducing costs. Platforms like Arbitrum, Optimism,
Breaking! U.S. Inflation Index Flat in May, Bitcoin, and Crypto Market Soar
TL;DR U.S. Inflation Stabilizes: The U.S. Consumer Price Index (CPI) for May 2024 showed no change from the previous month, remaining at 3.3%, indicating a potential
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