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Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.
Like it or not, dog tokens are driving big business in the crypto markets.
The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
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VIPGaming sector projectsVIPAI concept projects- 21:33Fundamental submits $5 billion provisional registration application to support Ethereum accumulation strategyForesight News reports that Ethereum-focused asset management firm Fundamental Global has announced it will rebrand as FG Nexus Inc. The company also revealed that it has filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for $5 billion, establishing one of the largest capital frameworks in the Ethereum digital asset management sector. The filing includes an “at-the-market” (ATM) prospectus, covering the issuance, offering, and sale of up to $4 billion in common stock, which may be issued and sold from time to time. This registration will provide FG Nexus with financial flexibility to pursue opportunistic financing.
- 21:32Lens launches token distributor to distribute GHO tokens to real users without gas feesForesight News reports that Lens has announced the launch of a Token Distributor designed to distribute tokens without gas fees, based on genuine user value rather than superficial activity. Built on Lens, this distributor is currently in early testing and directly distributes GHO to high-quality users, transferring it straight to their Lens accounts with no claiming process required. The system supports all ERC-20 tokens, with the first phase primarily focusing on GHO. In April of this year, the Layer 2 SocialFi blockchain Lens Chain officially launched its mainnet.
- 21:32A major whale purchased approximately $5.56 million worth of WETH and deposited it into Aave for recursive lendingAccording to Foresight News, as monitored by Lookonchain, with the price of ETH surpassing $4,000, a whale address starting with 0xaf6c purchased 1,390 WETH at $4,000 each (approximately $5.56 million). The address then deposited these 1,390 WETH into Aave, borrowed 52.83 WBTC from Aave (about $6.17 million), and exchanged them for 1,539 WETH (around $6.17 million).