Crypto Rebound; BlackRock’s Historic Ethereum Fund & Solana’s User Struggles

Join Matt and Nick as they break down the crypto market rebound and BlackRock’s historic Ethereum announcement. They also cover an Ethereum ETF update, Solana network issues, important altcoin updates, and more.

Key Takeaways 

• Bitcoin (BTC) rebounded after the U.S. central bank’s policy update was not as bad as risk-seeking investors had feared. Three rate cuts of 25 basis points are still expected this year.
• BlackRock, the world’s largest asset manager, launched a tokenised fund on Ethereum in partnership with Securitize. Plans to do the same on other blockchains.
• The Ethereum Foundation reportedly received a confidential inquiry from an authority in the U.S. Hard to read into this too much with such little information.
• Among the altcoin updates covered: Stacks approves upcoming ‘Nakamoto’ upgrade, Solana’s UX issues and Optimism’s prover goes live on testnet.