The world of digital finance is abuzz with news that signals a significant leap forward for Ethereum institutional adoption. Etherealize, a startup with deep roots in the Ethereum ecosystem and previously backed by the Ethereum Foundation and its founder Vitalik Buterin, has just announced a massive $40 million funding round. This substantial capital injection is
In a significant development for the digital asset space, Utila, a key player in stablecoin infrastructure, has successfully raised an impressive $22 million in a Series A extension round. This substantial funding injection highlights the growing investor confidence in firms building the foundational layers of the cryptocurrency ecosystem. For anyone tracking the evolution of digital
Galaxy Digital CEO Mike Novogratz said that AI agents will soon become the top users of stablecoins. During an interview with Bloomberg published on Wednesday, Novogratz said that “in the not-so-distant future, the biggest user of stablecoins is going to be AI.” He said he expects users will be able to ask an AI to
The Beige Book report published by the FED gave important signals about the economic outlook across the country. The report found that prices rose modestly in most regions, while employment levels remained generally stable. Business confidence varied across regions. Ten of the Fed’s 12 districts described price increases as “moderate” or “medium,” while two districts
Decentralized data management has long been held up as one of Web3’s most transformative innovations—but, according to Walrus Foundation Managing Executive Rebecca Simmonds, it has yet to realize its full potential. On today’s Web3 storage solutions, data is public by default, encryption is left to app developers, and access control is “hard-coded, brittle, or missing
Spot Bitcoin ETFs saw a resurgence in demand, with $332.7 million in daily net inflows, the strongest level in two weeks. Summary Spot Bitcoin ETFs see $332.7 million in daily net inflows, best since mid-August The market cap for spot Bitcoin ETFs is at $109 billion, near historic highs Renewed appetite from Bitcoin exposure comes
While Bitcoin is on a recovery path after several weeks of declining prices, some analysts believe the rally may not last. At press time, Bitcoin has notably rebounded, trading above $112,400. This comes after it dipped to $107,271 last week, one of its lowest levels since July. Amid the ongoing recovery, Benjamin Cowen, CEO of
Bitcoin has experienced a notable pullback since reaching its all-time high earlier this year. The cryptocurrency dipped below $110,000 briefly, raising concerns of sustained bearish pressure. However, current data suggests the move was more of a short-term fluctuation than the beginning of a prolonged downtrend, hinting at recovery potential. Bitcoin Is Secure Risk signals in
Bitcoin continues to test critical levels while showing signs of exhaustion at resistance. The world’s largest cryptocurrency traded at $111,018 as of press time, up 0.63% in the past 24 hours. Its market capitalization now stands above $2.21 trillion, with trading volumes surpassing $47 billion. Yet beneath the surface, technical signals and on-chain metrics highlight