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

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  • 18:56
    The ETH/BTC exchange rate has fallen below 0.03 for the first time in 1397 days
    The market shows that the ETH/BTC exchange rate has fallen below 0.03 for the first time in 1397 days, reaching 0.02996, currently reported at 0.03036, with a 24-hour drop of 5.29%.
  • 18:54
    Italy's largest bank, IntesaSanpaolo, has purchased Bitcoin worth one million euros
    According to crowdfundinsider, Italy's largest banking group, Intesa Sanpaolo, has purchased 11 bitcoins worth about one million euros. This is the first time an Italian bank has directly held Bitcoin. This move coincides with the implementation of the EU's "Crypto Asset Market Regulation Act" (MiCA). As Italy's largest banking group, Intesa Sanpaolo's decision to buy Bitcoin could influence other European banks to follow suit and encourage institutions to adopt cryptocurrencies more widely.
  • 18:53
    Aave Founder: ETH rise is only a matter of time, a 'revenge-style surge' will occur when it truly rises
    Aave founder Stani Kulechov listed the advantages of Ethereum on social media, mainly including: 1. Highest Security Ethereum has the highest security in a programmable execution environment. The most critical industry is the financial industry worth 25 trillion dollars. 2. DeFi's TVL (Total Value Locked) The only product-market fit (PMF) on-chain is DeFi. Of the $122 billion in TVL, Ethereum carries more than half, almost six times that of the second-ranked. 3. Developer Ecosystem and Tools DeFi protocols need robust network security and stability to support collateral products and data products dependent on oracle prices. The advantage of Ethereum lies in its developer ecosystem which has established powerful development tools such as Hardhat and Foundry etc. 4. EVM Innovation Ethereum Virtual Machine (EVM) is the most valuable innovation within the Ethereum ecosystem. There isn't just one path for innovation but multiple competing solutions to provide optimal scalability and user privacy protection. 5.L2 Strategy (Enhancing Ethereum L1 Simultaneously) Allowing L1 to provide maximum security for Ethereum while promoting innovation on L2. Every major trading platform or institution wants to run their own network; they require customization and economic incentives. 6.POTUS Building On Ethereum  WLF's Aave instance will be deployed on the mainnet of Ethereum with WLF’s DeFi innovations following suit - this is exactly where POTUS fundamentals are taking place. 7.Institutions Deploying To Ethereum  Ethereum provides maximum safety and stability for issuing assets like RWA, it also serves as a convergence point for all DeFi network effects. 8.Talent Pool  Most talented smart contract developers write Solidity on ethereum - this explains why largest protocols operate on ethereum having been running there for years now; it also accounts for why ethereum development tools lead other ecosystems making entire system more mature. Stani concluded that the chain is full of short-term (very high-risk) opportunities, which may attract temporary attention, but in the long run, fundamentals are what truly matter.  The ecosystem and its users who focus most on fundamentals will gain the most adoption. The rise in ETH's price is only a matter of time, but when it does rise significantly, it will be an epic revenge-style surge.
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