Celebrating Ethereum's Decade: White House Report Highlights Bitcoin and Ethereum, Bithumb Launches SWELL Multichain Support
White House Report Emphasizes Bitcoin and Ethereum in Crypto Landscape
The White House recently released a comprehensive digital asset report, showcasing Bitcoin and Ethereum as foundational pillars of the evolving crypto landscape. With 129 direct references to Bitcoin, the report highlights its dominance and technological significance. Ethereum and Solana were also recognized as key smart contract platforms shaping the ecosystem. However, the XRP token was notably absent, reflecting regulatory uncertainties and ongoing legal challenges facing Ripple Labs. The report emphasizes a regulatory framework balancing innovation with investor protection, underlining the importance of international collaboration in addressing cross-border challenges related to digital assets.
Bithumb Launches SWELL Multichain Support for Enhanced DeFi Accessibility
South Korean cryptocurrency exchange Bithumb announced the launch of multichain support for SWELL tokens, marking a significant milestone for the Swell Network and the broader DeFi ecosystem. Users can now deposit and withdraw SWELL tokens across both the Ethereum network and Swellchain, offering enhanced flexibility, reduced transaction costs, and greater accessibility. The move is expected to boost credibility and visibility for Swell Network, attracting more institutional and retail investors to the ecosystem. Multichain support is also anticipated to improve liquidity for SWELL tokens, enabling increased trading activity and participation.
Ethereum Marks 10th Anniversary with Market Attention and Price Volatility
Ethereum celebrated its 10th anniversary as a cornerstone of DeFi and Web3 innovation, drawing reflections from industry figures and renewed market attention. The blockchain's native token, ETH, is trading near $3,760, with traders closely monitoring the $3,800 level for a potential breakout. Market reaction has been mixed, with ETH facing short-term volatility influenced by global market sentiment and regulatory developments. As Ethereum looks ahead to the next decade, further institutional adoption, regulatory clarity, and technological innovation could redefine the blockchain landscape.