Defiance files for 2x leveraged Ethereum futures ETF
Defiance ETFs files for a 2x leveraged Ethereum futures ETF with the SEC, aiming for investor exposure to Ethereum's price movements.
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Digital Asset Investment Products’ YTD Inflows Skyrocket Above $13B: CoinShares
With the broader market resurgence, digital assets investment products also maintained their upward trend. According to CoinShares’ latest data, inflows reached $646 million last week. As a result, year-to-date inflows…
Ethereum’s Layer 2 Networks Projected to Reach $1T Market Cap by 2030: VanEck Analysts
In a report released earlier this week, analysts from investment manager VanEck forecasted that Ethereum’s Layer 2 scaling networks will reach an astonishing $1 trillion market capitalization by the year…
Ethereum and Polygon Attract Majority of New Users: Flipside Report
Ethereum and its Layer 2 scaling solution, Polygon, attracted the most new users by far in the first quarter of 2024. The latest report by Flipside revealed that these two…
Ethereum’s Q1 2024 Revenue Soars to $1.2 Billion, Marking 155% YoY Increase
As per Coin98’s Ethereum Q1 2024 Financial Report, the blockchain network clocked in a massive surge in income statement metrics. Fees and revenue witnessed a 1.8 times increase quarter-over-quarter (QoQ),…
Restaking Emerges as Ethereum’s Second Largest DeFi Sector: Report
A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance (DeFi) on Ethereum. The study highlights EigenLayer’s restaking protocol as an important…
Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns
The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with…
Van Eck Analysts Foresee $1 Trillion Market Cap for Ethereum’s Layer Twos by 2030
Van Eck analysts predict that Ethereum’s Layer two (L2) scaling solutions will reach a $1 trillion market cap within six years, fueled by the need to overcome Ethereum’s limitations in…
Bitcoin Investment Products Ended March With Inflows of $865M Amid Renewed Interest
Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of…
This DEX Just Launched the First Decentralized Crypto ETF
CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto…
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