tl;dr
• Base Layer 2 Solution challenges Ethereum's vitality, with rapid growth driven by Coinbase integration and meme coin popularity, positioning Base as a leading Ethereum Layer 2 solution.• Minneapolis Fed President sparks crypto backlash after dismissing crypto as primarily used for illegal activiti...
• Base Layer 2 Solution challenges Ethereum's vitality, with rapid growth driven by Coinbase integration and meme coin popularity, positioning Base as a leading Ethereum Layer 2 solution.
• Minneapolis Fed President sparks crypto backlash after dismissing crypto as primarily used for illegal activities, despite rising institutional adoption of digital assets.
• SEC approves options trading on 11 Bitcoin ETFs, increasing institutional participation and liquidity in Bitcoin, with products from Fidelity, Grayscale, and VanEck among the approved funds.
• CFTC Chair calls for clear cryptocurrency regulations, urging Congress to provide guidance for the crypto market and predictive election betting, while facing a legal battle with Kalshi.
• Solana's price drops following large SOL sales by Pump Fun, adding to market concerns about short-term price pressure, though analysts remain optimistic about Solana's long-term potential.
• Sushi unveils a roadmap for DEX dominance, focusing on liquidity aggregation and multi-chain capabilities, despite recent struggles with the value of the SUSHI token.
• Metaplanet raises 10 billion yen to buy more Bitcoin, solidifying its reputation as Asia’s MicroStrategy, though its stock price dipped following the raise.
• VanEck introduces staking rewards for Solana ETN in Europe, offering passive income for investors while awaiting the SEC’s decision on its Solana ETF application.
• Chainlink launches CCIP Private Transactions, revolutionizing blockchain interoperability and compliance for financial institutions, piloted by the Australia and New Zealand Banking Group (ANZ) for cross-chain settlement of tokenized assets.
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