Author: msmark

Deutsche Bank is reportedly building a second layer under an asset servicing pilot project called Dama 2 as part of the lender’s goal to remove regulatory hurdles for institutions that want to use public blockchain. According to Bloomberg a report It was published on December 18 that German banking giant Deutsche Bank AG is building a “so-called” Layer 2 For a public network. The lender hopes the project will remove regulatory challenges faced by financial companies trying to integrate the public sector Block chains in their operations. Last month, Deutsche Bank released a beta version of Project Dama 2, which…

This article is also available in Spanish. Market intelligence platform IntoTheBlock revealed how Ethereum has built strong on-chain demand zones that should keep it afloat above $4,000. Ethereum has two major support positions just below the current price In new mail On X, IntoTheBlock discussed what Ethereum’s on-chain demand zones look like right now. Below is the chart shared by the analytics firm that shows how much supply investors have bought at price ranges near the current spot value of ETH. There appear to be two large areas below the current price of the asset source: IntoTheBlock on X As…

Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the world of cryptocurrencies is nothing short of cinematic. His journey began not with a successful investment, but with a scam. Yes, he was involved in a Ponzi scheme that used cryptocurrencies as a means of payment. Instead of retreating, he emerged wiser and more determined, channeling his experience into more…

Ethereum ETFs are seeing increased institutional interest, recording a net inflow of $145 million. according to statistics From SoSoValue, Ethereum (Ethereum) spot ETFs It received a notable net inflow of $145 million on December 17, indicating growing institutional confidence in Ethereum-backed financial instruments. With notable inflows of $135 million per day, BlackRock’s ETHA topped inflows and now has the largest net Ethereum ETF inflow at $3.365 billion. With a net inflow of $4.45 million, Grayscale’s ETH, a major participant in the ETF market, increased its previous net inflow to $616 million. With $5.72 billion in cumulative net assets, Grayscale The…

On-chain data shows that the most massive Ethereum whales control most of the supply, with their holdings continuing to grow. Huge Ethereum whales own more than 57% of all tokens in existence In new mail On X, on-chain analytics firm Santiment discussed what the supply of ETH held by different segments of the user base has looked like recently. The relevant indicator here is “Distribution of supplies”, which tracks the percentage of circulating Ethereum supply held by a given wallet group at the moment. Addresses or investors are divided into these groups based on the number of coins they hold…

Black Rock spot bitcoin (Bitcoin) Exchange Traded Funds (ETF) He will go The ETF launch became the most successful in more than 10 years, following net inflows of $418.8 million recorded on December 16.Nate Geraci, CEO of ETF Shop, Highlight That IBIT beat nearly 2,850 ETFs. He added:“In other words, IBIT has more lifetime inflows than any ETF launched since 2014. And that happened in just over [11 months]”.Since its launch, IBIT has amassed $36.3 billion in net positive inflows, surpassing the $36.2 billion in inflows received by U.S. Bitcoin ETFs, according to Farside Investors. Data.This amount is nearly 3…

A ‘new wave’ of crypto exchange-traded funds (ETFs) is expected to emerge in 2025 as the regulatory landscape improves under upcoming changes. Trump management, according to Bloomberg Intelligence analysts.Bitcoin-Ethereum (Ethereum(Bundled products will likely lead the charge, followed by Litecoin)ltc) and Hedera Hashgraph (HBAR). However, legal and regulatory hurdles are expected to delay Solana-linked ETFs (Sol) and XRPleaving their future uncertain.Bloomberg ETF Analyst Eric BalchunasCiting research by his colleague James Seyphart, he emphasized the positive position of Litecoin due to its close ties to Bitcoin (Bitcoin).As a fork of Bitcoin, Litecoin could benefit from its commodity classification, which is in line…

Solana and Ethereum vied for dominance throughout Q4 2024. Ethereum received more than $850 million in institutional capital flows into ETFs, while Solana attracted more than $300 million in cross-chain flows over the past week. Market experts indicate and reports Solana About to win Ethereum And replacing ETH as the largest altcoin in the cryptocurrency space. 2025 is therefore a pivotal year for Ethereum and Solana, and the latter’s competitive advantage lies in its DEX metrics and growth potential combined with rising capital inflows. A Solana win could trigger changes in wallets and Ethereum beta runs could experience a correction…

Ethereum (Ethereum) is poised for a rebound in 2025 as it rides a wave of emerging trends to capitalize on the $100 trillion opportunity in tokenized real-world assets (RWAs), according to letter Shared with investors by Bitwise Chief Investment Strategist, Juan Leon. The document highlighted that the cryptocurrency market was characterized by two narratives this year: Bitcoin (Bitcoin) New all-time high, driven by US exchange-traded fund (ETF) approval, Solana decision (Sol) meteoric popularity as retail investors piled into memecoin speculation. As a result, Ethereum’s 66% year-to-date return has diminished compared to Bitcoin’s 130% gain and SOL’s 106% rise.ETFs indicate changesHowever,…

The 2022 LastPass data breach allowed threat actors to steal 12.38 million users in a new attack. According to blockchain investigator ZachXBT, LastPass hackers stole millions of Ethereum (Ethereum) from over 100 wallet addresses between December 16 and 17. The criminals quickly exchanged the illicit wealth from ETH to Bitcoin (Bitcoin), using multiple spot exchanges. A list of affected titles can be found here. LastPass is a password management service for securing cryptocurrency wallets. The startup suffered two hacks in 2022 — once in August and again in October — that resulted in unauthorized access to customer keys, API tokens,…