Understanding rebase tokens Rebase tokens are a particular kind of cryptocurrency that periodically (typically daily or multiple times a day) modifies its total supply. The adjustments seek to stabilize the rebased token’s price or target a specific value through methods that increase or decrease the token supply in reaction to price deviations from the target….

Crypto firms Grayscale and Coinbase recently met with United States Securities and Exchange Commission (SEC) officials to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs). Grayscale is seeking to convert its Ethereum Trust — which tracks the market price of Ether — into an ETF, similar to the conversion of its…

The Arbitrum DAO is voting to fund the legal defense costs of Tornado Cash’s developers. If approved, the community would donate up to ​​600,000 ARB tokens in the first year, worth nearly $1.3 million at the time of writing. A proposal submitted on March 7 by pseudonymous delegate DK seeks to fund a “robust legal defense” for…

Bitwise chief investment officer Matt Hougan warned investors to approach crypto projects with high valuations skeptically as the “wealth effect” is occurring in the crypto market. He indicated that traders are reallocating portions of their Bitcoin into other crypto investments, causing price increases across the market. In a recent series of posts on X, Hougan explained that Bitcoin’s…

Layer-2 protocols scaling the Ethereum blockchain are set to benefit from significantly reduced rollup costs when the Dencun hard fork hits mainnet. Still, end-users might not reap the full benefit immediately. Polygon Labs VP of Product David Silverman tells Cointelegraph that Ethereum’s latest hard fork, which features several improvement proposals (EIPS), will take a few…

Bitcoin (BTC) price witnessed a sharp correction shortly after hitting a new all-time high at $69,324 on March 5 Meanwhile, altcoins, led by memecoins and AI-themed cryptocurrencies, have outperformed BTC over the last week, initiating a debate on whether the altcoin season (altseason) is here. Total crypto market capitalization hits $2.5 trillion Bitcoin’s brief escapade above $69,000 on March…