We’re coming back with our cool format – the crypto digest. Today, we will highlight the important news of the week from the world of cryptocurrencies and blockchain, discuss their impact on the world, and simply expand our general knowledge.
After all, we are still a useful category!
And there is a lot to discuss: from new tokens to the latest news about Bitcoin. But first, visit our website and learn more about how we can help you with the development and launch of your own blockchain product with our white-label solutions! Fast, easy, and with support on every step!
MetaMask Token Confirmed
Starting strong with amazing announcements. ConsenSys founder Joe Lubin confirmed that MetaMask, one of the most widely used crypto wallets, will issue its own token.
Lubin also stated that Consensys is actively promoting the Ethereum ecosystem’s commitment to progressive decentralization, and that it is utilizing MetaMask, Infura, and Linea to maintain the ecosystem’s focus on “strict” decentralization.
While details are scarce, this long-anticipated move could significantly boost user engagement and further decentralize MetaMask’s ecosystem.
Ethereum Developers Approve ‘Fusaka’ Rollout Schedule
Remember Fusaka? Great, because we have some updates about this upgrade! Yes, Ethereum developers have agreed on the deployment timeline for the upcoming Fusaka upgrade.
A small reminder: Fusaka’s main goal is to increase the scalability and efficiency of Ethereum. The key improvement will be the implementation of the PeerDAS protocol (EIP-7594). It is expected to double the network capacity.
So, this update will focus on scalability and efficiency improvements, pushing Ethereum closer to its long-term roadmap of reducing fees and increasing throughput.
Stablecoin Inflows to Binance Exceed $2.1 Billion
Time to talk about our favorite topic – stablecoins. Binance saw over $2.1 billion in stablecoin inflows in the past week.
In more detail, on September 17, he influx of stablecoins to the Binance crypto exchange reached $2.14 billion amid a Fed meeting to lower the key rate for the first time since December 2024. So, traders accumulated stablecoins to open positions after the Fed’s announcement.
This surge suggests traders are preparing for heightened market activity. Historically, large stablecoin inflows to exchanges are often seen as a precursor to increased trading volumes and potential market volatility.
Bitcoin Indicators Signal Bearish Reversal
Last, but surely not least. Key on-chain metrics for Bitcoin point to a possible bearish reversal.
For the context: on the night of September 12, the price of the first cryptocurrency recovered above $116,000. However, a CryptoQuant analyst under the pseudonym Maartunn recorded an alarming signal: almost all key bull market indicators turned bearish.
Analysts have highlighted weakening momentum and a slowdown in demand, raising caution for traders. While BTC remains above critical support levels, sentiment is shifting, with some predicting short-term downside risks.
Final Thought
To sum it up, this week marked major moves in the crypto landscape: MetaMask’s token launch could reshape wallet dynamics, Ethereum’s Fusaka upgrade is set to enhance scalability, Binance stablecoin inflows indicate market anticipation, and Bitcoin’s bearish signals remind investors to remain cautious. Yes, the industry continues to evolve fast, with both opportunities and risks ahead.
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If you want to explore the new frontiers of your service and discover the full potential of the crypto market and Web3 solutions, please contact our team today!