The Daily Index — Thursday, March 21, 2024 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

COINBASE FILES TO LIST DOGE, LTC, AND BCH FUTURES TRADING

Coinbase has applied to the CFTC to list Litecoin, Bitcoin Cash, and Dogecoin futures trading. Should the CFTC give the green light, these digital asset products could be available for trading as early as April 1. The move marks a significant step towards further legitimacy for these cryptocurrencies.

coingape.com · 3 min

TLDR Crypto

ROBINHOOD ROLLS OUT CRYPTO WALLET TO ANDROID USERS GLOBALLY

Robinhood has officially released its crypto wallet app for Android users worldwide. The move follows the company's successful debut of the wallet to iOS users last year. This comes as Robinhood saw a 10% YoY increase in its crypto business and an 89% uptick in its notional crypto trading volume.

theblock.co · 2 min

TLDR Crypto

STARKNET, AN ETHEREUM LAYER 2, PLANS 'PARALLEL EXECUTION' TO MIMIC SOLANA'S SPEED FEATURE

Starknet, an Ethereum L2, is planning to add a "parallelization" feature as part of a Q2 upgrade. The addition aims to increase transaction processing efficiency, resulting in better throughput and transaction finality. This comes as a part of Starknet's 2024 roadmap, which includes steps to curtail fees. Notably, Starknet is the largest network in the ZK rollups category of L2 networks, which are designed for quicker settlements based on zero-knowledge cryptography.

coindesk.com · 2 min

TLDR Crypto

THE UNDERVALUED LIDO OF BITCOIN

Activity in the Bitcoin ecosystem has picked up since the announcements and launches of the spot Bitcoin ETFs. Projects such as Babylon Chain are innovating, creating a way to generate additional yield for Bitcoin holdings through staking and validating Proof of Stake chains. Meanwhile, new and innovative projects like Ankr are entering the market with offerings like Liquid Staked Bitcoin.

twitter.com · 4 min

TLDR Crypto

BULLISH BRAINDUMP ON BASE

This thread explores the growth and potential of the Ethereum L2 Base. It asserts that Base differentiates itself as a 'builder chain'. While Base was relatively slow to gain traction, the current uptick in speculative activity, especially in memecoins, interest in the ecosystem has been increasing significantly. The affordable gas fees and increasing user base present ample opportunities for developers to build applications.

twitter.com · 6 min

TLDR Crypto

ON THE ETH MISINFORMATION

Since the SEC allowed the ETH Futures ETFs to trade on its regulated security exchanges, it implicitly agreed ETH is a non-security and not under SEC jurisdiction. This move, made after Ethereum transitioned to a Proof of Stake model in 2022, suggests any delay or denial towards an ETH ETF would be contradictory to the agency’s past actions, as the SEC has indicated Ethereum is beyond its jurisdiction.

twitter.com · 2 min

TLDR Crypto

FED CHAIR POWELL: NO ’SECRET LAB’ BREWING A DIGITAL DOLLAR SURPRISE

Federal Reserve Chair Jerome Powell has dismissed rumors that the bank is secretly developing a CBDC, stating that no decision has been made on whether the US should proceed with such a project. However, Powell confirmed the bank is closely monitoring developments in the digital asset space.

theblock.co · 2 min

TLDR Crypto

TON FOUNDATION LAUNCHES TONCOIN COMMUNITY REWARDS INITIATIVE WORTH OVER $100 MILLION

The TON Foundation launched The Open League, a $115+ million Toncoin rewards initiative for ecosystem growth featuring competitions, airdrops, and more starting in April.

theblock.co · 2 min

TLDR Crypto

MEMECOIN MANIA HITS SOLANA

Solana's rise in popularity, driven by memecoins, surging metrics, and excitement around upcoming airdrops and ecosystem growth, is causing network congestion.

cryptopragmatist.com · 8 min

TLDR Crypto

NON-FINANCIAL APPS ON BASE

This thread lists some of Jesse Pollak’s (the creator of Base) favorite non-financial apps on the chain, which include projects such as Blackbird and Parallel.

twitter.com · 1 min

TLDR Crypto

ANOTHER CRYPTOPUNKS NFT JUST SOLD FOR $16 MILLION IN ETHEREUM

An alien CryptoPunks NFT sold for $16 million, marking the second-largest sale in the collection’s history.

decrypt.co · 3 min