Ethereum and Solana are considering proposals to reduce their annual token inflation, potentially lowering ETH inflation to 0.4% and SOL inflation to 1.1% by 2031. These changes would slow the growth of new token supply, making both cryptocurrencies scarcer and possibly affecting staking rewards due to fewer new tokens. Solana's proposals seem to have broader community support, increasing their chances of implementation. If approved, these adjustments could make ETH and SOL inflation rates lower than gold's supply growth and U.S. consumer inflation, impacting token scarcity and market dynamics.
Cboe BZX Exchange has filed with the SEC to list the first triple-leveraged Bitcoin and Ether ETFs in the US, aiming to deliver three times the daily returns using CME futures contracts. The proposal, submitted on August 10 and published on August 14...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $62,782, slightly down by 0.5%. Ethereum and Binance Coin also show minor declines. Meanwhile, tokens like OKB and SHIB experience notable gains of 5.4% and 4.1%, respec...
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Ethereum has decided to stop using its custom Poseidon hash function after eight years and significant investment, returning to conventional cryptographic standards like SHA and BLAKE2s. This shift is supported by Bitcoin pioneer Adam Back, who favor...
