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Crypto for Advisors: Layer 2s and the Evolution of Bitcoin

Crypto for Advisors: Layer 2s and the Evolution of Bitcoin

The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.

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Coinbase Wallet Adds Crypto Trading Alerts From Notifi

Notifi will deliver notifications to users of the Coinbase wallet.

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Bitcoin gains alongside equities as markets respond to ECB rate cut, US jobless claims

The European Central Bank cut interest rates on Thursday for the first time in five years, despite ongoing inflationary pressures in the bloc.

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Cathie Wood’s Ether ETF Pullback Is Likely Due to Fee War

Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.

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Decentralized YouTube alternative Odysee acquired by Forward Research despite content concerns

Last year, the video platform was classified as a threat due to a lack of moderation in a Southern Poverty Law Center report.

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Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock

Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.

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Yield-bearing stablecoin issuer Mountain Protocol raises $8 million in Series A round

Mountain Protocol, the issuer of the yield-bearing USDM stablecoin, has raised $8 million in a Series A funding round.

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Metaverse developer The Sandbox raises $20 million via convertible promissory notes

Kingsway Capital and Animoca Brands led the financing, which had additional support from LG Tech Ventures and True Global Ventures.

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Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report

The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.

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How Bitcoin ETFs fared over their first five months

There is now a benchmark for how long it took Grayscale to fall from the largest AUM on the bitcoin side, and time will tell if it’s longer or shorter ether.

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