New Ethereum Testnet Called 'Holesky' Will Launch Next Month
Golden Finance reported that with the retirement of the Ethereum Goerli test network in January 2024, a new Ethereum test network named "Holesky" will launch next month. The name still follows the tradition of naming test networks after train stations, and the name "Holesky" comes from a subway station in Prague called Nádraží Holešovice.
Although Holesky is designed to be very similar to Sepolia, its purpose is more focused on infrastructure and protocol development. Meanwhile, Sepolia will still be the preferred testing ground for Ethereum-based applications. Unlike Sepolia, Holesky will have a fixed supply of test network tokens. However, the upper limit of 1.6 billion is still far higher than the total supply of ETH on the mainnet, which is currently around 120 million.
Dogecoin Lianchuang: Dogecoin is "Bitcoin in dog clothes"
Billy Markus, co-founder of Dogecoin, recently interacted with the crypto community on social media platform X, revealing his personal preferences for virtual currencies and disclosing the technical foundation of Dogecoin. Markus emphasized the importance of cautious investment and stated that his first principle for investing in cryptocurrencies is to never invest more than you are willing to burn in the fire.
In addition, Markus revealed that he favors Bitcoin (BTC) and Ethereum (ETH), the two leading cryptocurrencies in terms of market value.
Markus expressed his opinion on Dogecoin straightforwardly, likening it to "Bitcoin wearing a dog costume" and emphasizing the fun spirit of Dogecoin.
People familiar with the matter: US SEC may approve multiple Ethereum futures ETF applications at the same time
Citing people familiar with the matter, the U.S. Securities and Exchange Commission (SEC) may approve multiple Ethereum futures exchange-traded fund (ETF) applications at the same time. Since July, regulatory agencies have received a large number of applications from investment companies, including requests combining futures Bitcoin (BTC) and Ethereum strategies.
As of now, the U.S. Securities and Exchange Commission has not instructed these companies to withdraw their applications, which is different from similar applications being instructed to withdraw by companies in 2021. According to sources from The Wall Street Journal, this indicates that regulatory agencies will not prevent the launch of the fund within a few weeks. At least 16 Ethereum or Bitcoin-Ethereum futures ETF applications are waiting for regulatory approval.
The Number of Buyer Addresses in the Ethereum NFT Market in the Past 24 Hours Is 4,791
According to NFTGo data, the number of buyer addresses in the Ethereum NFT market in the past 24 hours was 4,791, and the number of seller addresses was 4,344. In the past 30 days, the number of profitable addresses was 53,541, and the number of losing addresses was 442,790. In addition, the current sentiment index of the Ethereum NFT market is 20, with a level of "Cold".
BTCX Token Announces Token Economics: 24% for Staking Rewards
According to the news from TechFlow, BTCX Token based on Ethereum has announced its token economics. The total supply of BTCX is 21 million, of which:25% (5.25 million tokens) is used for pre-sale;41% (8.61 million tokens) is used for destruction;24% (5.04 million tokens) is used for staking rewards;10% (2.1 million tokens) is used to promote liquidity.
Ronin Network Has Reached a Cooperation With Onmeta To Exchange RON, SLP and AXS With Fiat Currency on Ronin
Ethereum sidechain Ronin Network announced a partnership with cryptocurrency exchange service provider Onmeta.This partnership will give Ronin users more options, allowing them to exchange RON, SLP, and AXS with fiat currency on Ronin.Onmeta supports various local payment methods in India's UPI and the Philippines, allowing for small and fast transactions.
SEC's Approval of Ethereum Futures ETF Suggests Recognition of Ethereum as Non-Security
Crypto analyst Adam Cochran recently highlighted that the US Securities and Exchange Commission (SEC) approving an Ethereum futures exchange-traded fund (ETF) implies the acknowledgment that Ethereum itself is not a security. Cochran argued that the SEC cannot simultaneously argue that ETH is an unregistered "crypto asset security" and approve an ETH Futures ETF.
Data: Ethereum Has About $51 Million On-Chain Lending and Liquidation Quota Around $1,517
According to DefiLlama data, there is approximately $51 million in on-chain loan liquidation volume for Ethereum around $1517.
The Latest ACDE Conference on Ethereum: Holesky Testnet Genesis Supply Is Expected To Be 1.6 Billion HETH
On August 18th, Tim Beiko, a core developer of Ethereum, summarized the latest Ethereum core developer execution meeting (ACDE), which included updates on Devnet 8 progress, ElP-4788, Holesky test network, EIP editing, and the newly proposed EIP-7212 (secp256r1 precompiled). Tim Beiko also stated that the next ACDE is scheduled for August 31st at 22:00 Beijing time.
Bitcoin’s Market Share Fell to 46.61%, a One-Day Drop of 0.61%
August 18th, Bitcoin's market share fell to 46.61%, with a daily decline of 0.61%; Ethereum's market share is currently reported at 18.2%; the market share of the stablecoins USDT, USDC, and BUSD are 7.44%, 2.35%, and 0.3%, respectively.
The current total market value of cryptocurrencies on the entire network is reported at 11 trillion US dollars, with a 24-hour decline of 6.2%.
