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Chainlink Powers 21Shares Ethereum ETF Proof of Reserve

MarketAcross and Chainlink Labs partner to boost crypto adoption for financial institutions. Key feature: proof of reserve for CETH holders, enhancing transparency and trust. ARKB sees $2.6B net inflows, highlighting growing crypto investment. This collaboration strengthens the crypto ecosystem and encourages institutional involvement.

$1B Tokens Unlocking in August

In August 2024, nearly $1B in crypto tokens will unlock, affecting SUI, W, APT, ARB, and AVAX. Major unlocks include 600M W ($180M) and 9.64M AVAX ($268M). Historical data suggests potential price declines due to increased selling pressure. #CryptoNews