Crypto News
Ethereum L2 Starknet Seeks ‘Bitcoin’s DeFi Take-Off Moment’ With BTC Wallet Xverse
One of the foremost projects aiming to increase the speed of the Ethereum network is ramping up its work on the world's original blockchain: Bitcoin.Ethereum layer-2 Starknet, in partnership with BTC wallet Xverse, is aiming to deliver a "full DeFi experience to Bitcoin users."Xverse said it will "achieve Bitcoin's DeFi take-off moment," through integrating with Starknet in Q2 2025, in an emailed announcement on Tuesday.The partnership with Xverse comes amid a period of increased research into Bitcoin scaling using Starknet.The Starknet Foundation has published a new Bitcoin Roadmap, which described how Starknet would remain fully active on Ethereum, while "becoming Bitcoin's execution layer," with the goal of scaling the network "from 13 TPS to thousands."Developers have been increasingly exploring how...
Bitcoin Languishes Above $80K After Slumping to 4-Month Low Overnight
The cryptocurrency dipped below $77,000 overnight before making a modest recovery to $80K in the morning. Bearish Pressure Continues: Bitcoin Lingers Above $80K After Overnight Slump Bitcoin tumbled all the way to $76,624.25 late last night, a 4-month low, before later recovering. The entire cryptocurrency market has lost more than a $1 trillion in valueSource link
Cboe Files Several Amended Documents to Allow Ether Staking in ETFs
Crypto exchange Cboe is asking the U.S. Securities and Exchange Commission (SEC) to allow staking in several spot ether (ETH) exchange-traded funds (ETFs), sending the price of token 2% higher over the past 24 hours.Before the funds launched in July, several issuers included staking in their applications. However, the SEC later required them to remove the feature, as the Commission was not allowing it at the time.Cboe, which is associated with five of the issuers of an ether ETF, including Fidelity, Franklin Templeton, VanEck, and Invesco/Galaxy, on Tuesday, filed amended 19b-4 documents for the Fidelity Ethereum Fund (FETH) and the Franklin Ethereum ETF (EZET), to allow staking.The move comes after former SEC chair Gary Gensler left the Commission; he resigned...
Altcoin ETF Avalanche? VanEck Registers for AVAX Fund in Delaware
With its interoperable blockchains, Avalanche was once viewed as an “Ethereum Killer.”Source link
Taproot Wizards Will Finally Release Bitcoin Ordinals Collection in March
The popular Bitcoin meme will soon have a corresponding Ordinals collection, as Taproot Wizards will launch their long-awaited NFTs.Source link