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news-imageSeptember 23, 2024

21.co Teams Up with Chainlink to Strengthen Wrapped Bitcoin Transparency on Solana and Ethereum

TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.
Publisher: Crypto Economy
Sentiment: Positive
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cover-imageBenzinga
September 23, 2024

Bitcoin, Ethereum, Dogecoin Holding On To Gains, Trader Sees $63,905 As 'Reclaim Of Key Horizontal'

Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.

Positive
cover-imageThe Daily Hodl
September 23, 2024

Coinbase New Wrapped Bitcoin (cbBTC) Coming to Solana, Says Crypto Exchange's Executive

Top US-based crypto exchange Coinbase says its wrapped version of Bitcoin (BTC) is coming to the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Coinbase executive Hasan Ahmed says the crypto exchange is introducing Coinbase Wrapped Bitcoin (cbBTC) to the Ethereum (ETH) competitor's blockchain.

Positive
cover-imageBenzinga
September 23, 2024

Ethereum Outshines Bitcoin After U.S. Federal Reserve Rate Cut, But Here's How Volatility Could Crash The Party

Ethereum (CRYPTO: ETH) has been outperforming Bitcoin (CRYPTO: BTC) following the U.S. Federal Reserve's decision to cut its Federal Funds rate by 50 basis points last Wednesday. What Happened: Since the central bank's first rate cut in four years, Ethereum's price has surged over 16%, significantly outpacing Bitcoin's 6% increase during the same period, The Block reported.

Positive
cover-imagePYMNTS
September 23, 2024

Travala Integrates Solana Blockchain With Crypto Travel Platform

Cryptocurrency-native travel platform Travala integrated the Solana blockchain network. As part of the integration, Travala will add SOL travel rewards as an option for loyalty program members, while also deploying its AVA token — used to access its loyalty program — on Solana, according to a Monday (Sept.

Positive
cover-imageCoinPedia
September 23, 2024

Ethereum (ETH) Set to Hit $3,000, Insights from On-Chain Data

Ethereum (ETH), the world's second-biggest cryptocurrency by market cap appears to be super bullish and could hit the $3,000 level soon. Despite the majority of top cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and many others struggling to gain momentum, ETH has gained more than 4% of its value.

Neutral
cover-imageProactive Investors
September 23, 2024

Navigating crypto swaps: Converting Saitama and TON to ETH

In cryptocurrency trading, converting one digital asset to another, commonly known as a crypto swap, has gained significant popularity among investors and traders. This article aims to guide individuals through converting Saitama and TON tokens to Ethereum (ETH) using a crypto swap platform.

Positive
cover-imageCryptopolitan
September 23, 2024

Solana's role in asset tokenization could save $7 trillion annually

Skybridge Capital founder Anthony Scaramucci believes the Solana network will lead the future of asset tokenization. In a speech at the recently concluded Solana breakpoint conference, Scaramucci noted that asset tokenization has massive potential and could save the world as much as $7 trillion by streamlining the financial systems.

Positive
cover-imageAltcoin Buzz
September 23, 2024

Coinbase Brings cbBTC to Solana

The popular crypto exchange revealed that it will be bringing native cbBTC (Coinbase Bitcoin) to the Solana blockchain. But what does this mean, and why should we care?

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