Recent developments within the US Securities and Exchange Commission (SEC) have shed light on the pressing need for retail investors to have more immediate access to fund portfolio data. This issue has sparked discussions on how blockchain technology, specifically oracles like Chainlink, could revolutionize the way data is obtained and utilized in the investment sphere.
Chainlink
Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
Santiment, the cryptocurrency market intelligence platform, recently unveiled the top 10 digital assets with the most notable development activity over the last 30 days. Leading the list is Internet Computer (ICP), with an overall score of 570.1. ICP is the second-largest digital asset in the Artificial Intelligence (AI) realm, boasting a market capitalization of nearly
The cryptocurrency market has been experiencing heightened volatility recently, leading to fluctuations in investor sentiment. Bitcoin (BTC) saw a drastic price increase to nearly $70,000 on July 29, only to drop below $66,000 the next day, currently trading around $66,300 according to CoinGecko’s data. This correction was further exacerbated by the news of the US
21Shares, a subsidiary of 21Shares AG, has recently announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. This integration is aimed at improving the transparency of the Ethereum reserves that back the 21Shares Core Ethereum ETF (CETH). The ETF is physically backed by Ether and tracks its performance, providing investors with a
The investment in digital asset products has been on the rise, with inflows reaching $1.35 billion last week alone. This surge has contributed to a total of $3.2 billion in inflows over the past three weeks, indicating a growing interest in the digital asset market. Shift in Investor Sentiment The latest edition of CoinShares’ Digital
Last week saw a continued decline in prices for digital assets, but investment products in this sector experienced a surge in buying activity. Inflows reached an impressive $1.44 billion during that period, bringing the year-to-date inflows to an astounding $17.8 billion. This figure shattered the previous record set three years ago, indicating a significant uptick
Bitcoin’s attempt to reach $60,000 was thwarted as the cryptocurrency experienced a minor retracement, dropping back to just over $58,000. This retracement comes after a recent surge in price, with the asset hitting a multi-day peak of $59,500 before the correction. The bulls had been driving the recovery following a slump to a multi-month low
In the wake of a challenging week marked by negative news such as Mt. Gox’s update and the German government’s Bitcoin dump, the crypto market finally saw a brief relief. Chainlink (LINK) managed to gain over 4% within 24 hours, despite facing increased bearish pressure. Interestingly, whales in the market have been actively accumulating LINK,
The AVAX native token for the layer-1 blockchain Avalanche has experienced a significant decline over the past weekend, with prices dropping more than 10% at one point to reach its lowest level since December 2023. Within a 24-hour period, the token plummeted from $27.87 to an intraday low of $24.92, marking a six-month low, as