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Ethereum's Blob Boom
Published on Nov. 26, 2024

Sponsor: Cartesi — Tap into the power of Linux, the simple way to build in Web3.

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NEED TO KNOW
Ethereum's Blob Boom
  1. 🔥 Ethereum Ethereum Blob Activity Surges. Ethereum’s blobspace, introduced in the Dencun upgrade, is seeing record use with over 21,000 blobs processed this month as L2s like Arbitrum Arbitrum and Base Base ramp up activity.
  2. 💸 Bitcoin Bitcoin ETFs See Big Outflows. After a record amount of inflows last week, U.S. spot Bitcoin ETFs saw $438 million in outflows yesterday, November 25th, amid the Bitcoin price pulling back toward $90k.
  3. 📆 UK Targets 2026 for Crypto Framework. The Financial Conduct Authority (FCA) plans to finalize a regulatory framework by 2026, addressing stablecoins, staking, and more as crypto adoption has grown to 7M users in the country.
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MARKET VIBES
Rally Pause, or Retrace?

📸 Daily Market Snapshot: While it seemed gravity reversed for most major cryptocurrencies over the past few weeks, the uptrending stopped this morning as the majority of the top 100 coins, including BTC, ETH, and SOL, are trading in the red on the day. It remains to be seen if this is just a momentary pause in the market's recent rallying or the start of a deeper correction, though new regulatory tailwinds suggest it's the former.

Prices as of 3pm ET 24hr 7d
Crypto $3.15t ↘ 4.0% ↗ 2.3%
BTC $92,158 ↘ 3.2% ↘ 2.0%
ETH $3,296 ↘ 5.3% ↗ 4.9%
INST $5.34 ↘ 5.9% ↗ 45.1%

🌊
New Token Rating: Instadapp Instadapp has gained big traction recently, with its Fluid DEX capturing attention across DeFi. Can Instadapp’s innovative approach continue to position it as a major player?
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ANALYSIS
Why Crypto Matters in Developed Countries
Bankless Author: Jonah Roberts

Crypto is often championed as a tool for financial inclusion in developing economies, but its relevance in the Global North is less understood.

In regions where traditional banking systems are well-established, why does crypto still hold importance?

This piece unpacks the key ways crypto is gaining traction in developed countries—not as a necessity but as an alternative driven by institutional distrust, underserved communities, and the rise of digital-native economies.

Dive in to explore how crypto is carving out an influential role even in the world's most advanced economies! 👇


FRIEND & SPONSOR: CARTESI

Cartesi has announced the addition of a Validator Marketplace to its roadmap—a decentralized platform connecting dApp developers with validators. This marketplace aligns incentives within the ecosystem, boosts CTSI token utility, and offers a solution for unlocking the full potential of appchains, even beyond Cartesi.

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LATEST POD
ETH Is Permissionless Money

ETH is a cryptocurrency, but it's also the foundation of a permissionless financial future.

In this episode, Ethereum Foundation researcher Mike Neuder breaks down ETH's role as the ultimate form of money, exploring how it embodies true ownership, programmability, and economic security.

From its deflationary mechanisms to its trustless interoperability, Neuder outlines why ETH is uniquely positioned to power the decentralized economy of tomorrow.

Tune in to listen to the full talk! 👇


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Ni conseil financier ni fiscal. Le contenu Bankless est strictement éducatif et ne constitue pas un conseil en investissement ni une sollicitation à acheter ou vendre des actifs ou à prendre des décisions financières. Cette newsletter ne constitue pas un conseil fiscal. Parlez-en à votre comptable. Faites vos propres recherches.

Divulgation. Il peut nous arriver d’ajouter des liens vers des produits que nous utilisons dans cette newsletter. Nous pouvons recevoir une commission si vous effectuez un achat via l’un de ces liens. De plus, l’équipe Bankless détient des actifs crypto. Consultez nos divulgations d’investissement ici.

Ce site est protégé par reCAPTCHA.

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