A former core developer of the Ethereum network has underscored the critical role of stablecoin adoption in fueling decentralized finance (DeFi) growth and driving the expansion of Ethereum itself. Stablecoins are identified as a primary factor influencing DeFi adoption and… Read More »Former Ethereum Developer Highlights Stablecoins as Key Driver for DeFi Growth and ETH Value
Institutional investors channeled $2.7 billion into digital asset products last week, contributing to a total inflow of $17.8 billion during the first half of 2024. This substantial capital movement highlights accelerating institutional adoption of cryptocurrency assets. Bitcoin dominated investment flows… Read More »Institutional Crypto Inflows Hit $2.7B Weekly, $17.8B in H1 2024 as Bitcoin and Ethereum Lead
Bitcoin briefly surged past the $110,000 mark, fueled by investor optimism surrounding renewed trade discussions between the U.S. and China. However, the rally proved short-lived as concrete breakthroughs remained elusive, leading to a swift price retracement. Ethereum significantly outperformed Bitcoin… Read More »Bitcoin Tops $110K on Trade Talk Hopes, Ethereum and DeFi Lead Market Gains