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Ethereum’s ENS Identity System Set to Launch Own Layer-2 Blockchain

“Namechain” will use a zero-knowledge rollup for scaling and is likely to go live around the end of 2025.

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Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

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Layer 1 Flare and Red Date Technology Set to Trial Stablecoin Buying for Chinese Nationals in Hong Kong

The Hong Kong-based trials will allow for registration on a regulated stablecoin app and the purchase of tokenized financial products.

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Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

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Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

GOP candidates lead in at least eight of the remaining 27 House races as of press time.

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First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut

The latest price moves in crypto markets in context for Nov. 7, 2024.

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What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts For Bullish BTC Move

Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar’s value and pushing investors towards alternative investments.

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The Protocol: Elections, Schmections. Blockchain’s Got Work to Do

The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges.

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Polymarket Resolves Presidential Election Contract

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.

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Is Optimism’s ‘Superchain’ Winning the Ethereum Layer-2 Race?

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where teams encouraged developers to clone their code to spin up new layer 2s. Now, one project in particular, Optimism, appears to be pulling away as the clear leader.

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