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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

The Reason Behind ApeCoin’s (APE) 66% Daily Surge: Details
The Reason Behind ApeCoin’s (APE) 66% Daily Surge: Details

APE reentered the top 100 altcoins after the massive surge in the past day.

Cryptopotato·2024/10/19 16:00
Bitcoin ETFs could overtake gold ETFs in 2 years, analyst says
Bitcoin ETFs could overtake gold ETFs in 2 years, analyst says

Share link:In this post: Nate Geraci believes Bitcoin ETFs could overtake Gold ETFs’ net flows within 2 years. Bitcoin cumulative inflows have now reached $21 billion after a week with $2 billion inflows. SEC approving BTC ETF options for all ETFs could bring in new capital and investors.

Cryptopolitan·2024/10/19 14:19
Ethereum could struggle to reach $10,000 by 2030 if L2s dominance continues
Ethereum could struggle to reach $10,000 by 2030 if L2s dominance continues

Share link:In this post: ETH might struggle to reach $10k by 2030 if L2 networks continue to get most of the revenue. VanEck research projects that Ethereum might need to adjust its roadmap to address L2 value extraction. ETH is up 9% in the past seven days even as it underperforms compared to major L1 tokens.

Cryptopolitan·2024/10/19 14:19
U.S. inflation might be down – but it is far from out
U.S. inflation might be down – but it is far from out

Share link:In this post: Inflation in the U.S. has dropped, but history shows it can easily surge again, just like in the 1970s. Key factors like rising wages, government debt, and oil supply issues could fuel inflation’s return. The surge in gold prices suggests that inflation may be far from over and a recession could hit the U.S. economy again soon.

Cryptopolitan·2024/10/19 14:19
Flash
  • 06:30
    Sui Network builds new infrastructure for blockchain game E-sports, collaborates with Dark Machine to accelerate the development of blockchain game ecology
    On February 8th, Sui Network announced a partnership with mecha shooter Dark Machine to promote the development of Web3 E-sports within the Sui ecosystem. Dark Machine will be the first partner of the SuiPlay 0X1 gaming device, utilizing Sui's high-performance blockchain infrastructure to bring players a smoother and more immersive on-chain gaming experience. This partnership marks Sui's further layout in the gaming field.   Dark Machine is a team-based mecha shooting game that integrates E-sports elements and blockchain technology, aiming to provide a new interactive gaming experience for Web3 players. Sui's decentralized network will provide a more stable gaming environment for Dark Machine, while achieving on-chain management and circulation of in-game assets, ensuring that players can truly own and trade in-game assets.   This cooperation also means that SuiPlay 0X1 will play a more important role in the blockchain gaming field. The device will support the complete gaming experience of Dark Machine, allowing players to play Web3 games smoothly on handheld devices, while benefiting from the low latency and high throughput performance of Sui blockchain. Sui Network stated that it will continue to expand the blockchain gaming ecosystem in the future, cooperate with more developers, and jointly promote the popularization and landing of Web3 games.
  • 06:29
    Ondo Finance connects institutional-level asset liquidity channels and builds a global RWA infrastructure network
    Recently, Ondo Finance announced the completion of three key strategic deployments to accelerate the construction of a global flow system for real-world assets (RWA). Its core stable income asset USDY has officially joined BitGo's Go Network, relying on the platform's compliance custody network covering more than 1,500 institutions to achieve seamless cross-platform circulation of institutional-level assets. Through the over-the-counter settlement system driven by smart contracts, asset management companies can complete complex operations such as block trading and liquidity allocation on the chain, improving the settlement efficiency of traditional financial workflows by more than 80%.   The synchronized Stellar network integration plan makes USDY the first income-based RWA asset embedded in global payment infrastructure. With the Stellar ecosystem 400,000 + cash channel network, USDY will support cross-border remittance, trade financing collateral and other scenarios, forming an innovative combination of "on-chain interest-bearing + instant payment" in emerging markets such as Asia Pacific and Latin America.   In terms of liquidity innovation, Ondo has officially launched the tokenized national debt solution Ondo Nexus. Through deep collaboration with institutions such as BlackRock and PayPal, it has built the first RWA liquidity pool that supports instant minting/redemption. The platform has aggregated over $5 billion of underlying assets from four major asset management giants such as Franklin Templeton, and converts national debt returns into on-chain liquidity in seconds through smart contracts.   This strategic upgrade marks a new stage of institutionalized operation for the RWA track. Ondo is building an "asset highway" connecting traditional finance and on-chain ecology by building a technology matrix that spans custody networks, payment infrastructure, and liquidity engines.
  • 06:27
    UXLINK has reached a strategic cooperation with industry leaders to achieve technological upgrading and payment scenario landing
    On February 7th, UXLINK announced the completion of two key strategic collaborations, establishing deep collaboration with blockchain infrastructure service provider SOON and payment protocol platform AEON. Technically, SOON will provide customized Rollup solutions for the UXLINK ecosystem, building a new generation of social platform infrastructure based on high-performance SVM architecture. This technology deployment will significantly improve on-chain interaction efficiency, reduce user usage barriers, and provide a smooth Web3 social experience for millions of users worldwide.   In terms of expanding application scenarios, UXLINK's native token $UXLINK will be connected to the mainstream mobile payment network in South East Asia for the first time through deep integration with the AEON payment protocol. With AEON Pay covering offline merchant systems in Japan, Singapore, Thailand and other places, users can directly use the token to complete daily consumption, including convenience store shopping, catering payment and other high-frequency scenarios. The two parties will also use the FujiPay system to connect the real-time settlement channel between encrypted assets and traditional POS end points, and build the first cross-border transfer solution that supports Web3 tokens.   This technology alliance marks a new stage for blockchain applications: UXLINK is building a complete ecological closed loop from technical infrastructure to consumer end points through underlying architecture optimization and real-scene penetration while maintaining its social advantages. This "social + payment" dual-wheel drive model may reshape the digital payment landscape in South East Asia and provide a replicable business paradigm for large-scale Web3 applications.
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