New Feature Brings Ethereum-Level Security to Layer-2 Services Eigen Labs has launched a major protocol upgrade that slashes the traditional scalability vs. security trade-off, enabling decentralized services to operate on layer-2 networks while retaining Ethereum-grade security. Announced on Thursday, the multichain verification feature now allows Actively Validated Services (AVS) to run across multiple chains. The feature debuted on Base Sepolia Testnet, with mainnet support planned for Q3 2025. “This is a critical milestone in our mission to scale verifiable infrastructure everywhere,” said Eigen Labs CEO Sreeram Kannan in a statement . Scaling Without Sacrificing Security Historically, decentralized apps and infrastructure…
Author: Blockto Team
ETH Leads Crypto Fund Flows as Investors Eye New ETF Catalysts Ethereum investment products have hit $7.79 billion in inflows year-to-date, already eclipsing their total for the entire year of 2024, according to CoinShares’ latest weekly report. The surge is part of a broader $1.9 billion weekly net inflow into crypto funds managed by giants like BlackRock, Grayscale, and Fidelity. Ethereum pulled in $1.59 billion last week alone, marking its second-largest weekly inflow on record. This makes ETH the dominant force in crypto fund flows for the second consecutive week, amid ongoing rotation from Bitcoin and into large-cap altcoins. Bitcoin…
Traders Can Now Bet on Anything—from Bitcoin to Inflation or Global Temperature Clearmatics, a pioneer in blockchain-based finance, has announced the launch of a new class of DeFi derivatives called forecast markets. These instruments will allow users to speculate or hedge against any public time series data, including crypto indexes, inflation rates, GDP, even global temperatures—all powered by the soon-to-launch Autonity blockchain and the Autonomous Futures Protocol (AFP). “If the market cares enough about it, you can now trade it,” said Clearmatics CEO Robert Sams. Unlike prediction markets, which offer binary payouts based on outcomes, forecast markets function like traditional…
Japanese Firm Now Holds 17,132 BTC Worth $2 Billion Metaplanet, a Tokyo-based investment firm, announced the purchase of 780 additional bitcoin, bringing its total holdings to 17,132 BTC, now valued at approximately $2 billion. The move strengthens Metaplanet’s status as the largest Bitcoin-holding public company outside the U.S. The company disclosed on Monday that it paid an average of 17.5 million yen (about $118,176) per BTC during the latest acquisition, showing continued confidence in the long-term potential of Bitcoin as a treasury asset. Metaplanet shares jumped 5% following the announcement, even as Japan’s benchmark Nikkei 225 fell 1.1%, underscoring investor…
DOGE Closes Flat as Bulls Struggle to Break $0.244 Resistance Dogecoin (DOGE) posted a quiet close on July 28, ending the day at $0.239 with just a 0.42% gain, despite multiple volume spikes and several breakout attempts. The meme coin traded in a tight 4.12% range, bouncing between $0.234 and $0.244, showing signs of consolidation beneath key resistance. “Volume surged, but the price stayed stuck — a classic pre-breakout signal,” noted a technical analyst. DOGE’s session opened at $0.238 and briefly spiked to $0.244 during an aggressive 16:00 rally, where volume hit 718.4 million, the highest of the day. However,…
ETH ETFs Record Second-Biggest Weekly Surge Since Launch In a sign of growing institutional demand, U.S.-listed spot Ethereum ETFs recorded a massive $1.85 billion in net inflows last week — their second-largest weekly total since inception, according to data from SoSoValue. This surge came during the week of July 21 to July 25, closely trailing the $2.18 billion inflow from the prior week. Total trading volume across Ethereum ETFs reached $10.39 billion, signaling continued high interest from professional investors despite a broadly consolidating market. Ethereum rose 3.4% to $3,901 over the same period, outperforming Bitcoin, which gained only 0.8% to…
XRP Forms Higher Lows, Hints at Bullish Breakout XRP showed strong technical resilience on July 27, posting a 1.3% gain over 24 hours and closing near $3.22 despite early-session volatility. The token rebounded from an intraday low of $3.16 and held support multiple times, forming a clear ascending channel pattern. “XRP formed higher lows from $3.16 to $3.22, signaling bullish strength building below key resistance.” The price action suggests growing bullish momentum, especially as volumes surged sharply during the afternoon session. Heavy Trading Volume Signals Institutional Accumulation XRP’s recovery was supported by a major spike in trading volume, with activity…
Crypto Markets Rally as Tariff Cut Boosts Investor Confidence Bitcoin (BTC) surged to nearly $120,000 on July 28, following U.S. President Donald Trump’s confirmed tariff deal with the European Union. The agreement, which lowered tariffs from 30% to 15%, helped ease global economic uncertainty, sending a strong bullish wave through both traditional and crypto markets. “The tariff rollback reduced macro risk and reignited bullish sentiment,” analysts noted. Stock futures also responded positively. S&P 500 futures rose 0.3% and Dow Jones contracts climbed 180 points, reflecting renewed investor optimism. In crypto, BTC’s price movement broke a week-long consolidation range, as it…
SharpLink Becomes Second-Largest Corporate Holder of Ethereum SharpLink Gaming has shocked the crypto world with its massive $295 million Ethereum (ETH) purchase, acquiring 77,210 ETH in a single transaction. The purchase surpasses Ethereum’s net issuance over the past 30 days, which stood at just 72,795 ETH, according to Ultra Sound Money. “SharpLink’s ETH accumulation strategy signals a bold treasury shift toward digital assets,” analysts observed. Following this acquisition, SharpLink’s total ETH holdings now exceed 438,000 ETH, valued at over $1.69 billion, according to on-chain data from Lookonchain. Most of the newly acquired ETH has already been staked, generating passive yield…
Lawmakers Raise Alarms Over Potential Risks to Housing Market A group of U.S. Senate Democrats is pressing Federal Housing Finance Agency (FHFA) director William Pulte for answers after he directed Fannie Mae and Freddie Mac to consider crypto assets in mortgage risk assessments. The lawmakers warn the plan could introduce unnecessary financial risks and conflicts of interest. “Senators are concerned the move could threaten U.S. housing market stability by incorporating volatile, unregulated crypto assets into federally-backed loan evaluations.” The letter, signed by Jeff Merkley, Elizabeth Warren, Bernie Sanders, and others, requests a detailed response from Pulte by August 7, including…