‘Substitution’ of gold for Bitcoin is now underway, says Cathie Wood
    06 Feb 2024

    Investors a started to move from gold to Bitcoin (BTC) after the launch of spot Bitcoin exchange-traded funds (ETFs), according to the CEO of ARK Invest. “Relative to gold, Bitcoin has been rising. There’s now a substitution into Bitcoin and we think that is going to continue now that there is a less friction-filled way to access…

    Vitalik Buterin floats 5 designs to decrease Ethereum max block size
    06 Feb 2024

    Ethereum co-founder Vitalik Buterin and the Ethereum Foundation are considering at least five ways to reduce Ethereum’s maximum block size in hopes to optimize the blockchain for the “rollup-centric roadmap.” On Feb. 5, Buterin and Ethereum Foundation researcher Toni Wahrstätter said that with the focus on rollups in the medium and long term, it is argued that…

    EigenLayer TVL rockets $1B after temporarily removing staking caps
    06 Feb 2024

    Ethereum-based liquid restaking protocol Eigenlayer’s total-value locked (TVL) hassurged by a staggering $1 billion in just eight hours after the protocol temporarily removed its staking cap. On Feb. 5, EigenLayer announced that it would temporarily raise its 200,000 Ether per protocol staking cap until Feb. 9 in a bid to “invite organic demand” to the network….