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Nomic integrates Babylon's Bitcoin staking protocol, launching stBTC for secure, liquid staking within the Cosmos ecosystem.

This groundbreaking move aims to expand IBC capabilities across all blockchains. It sets a new precedent for interoperability and shared security in the blockchain ecosystem.

Grayscale, a leading crypto asset management firm, has made changes to its multi-asset funds by removing Cardano and Cosmos tokens as part of its quarterly rebalancing.

This article will explore the cryptocurrencies that warrant attention in the upcoming week. With the market showing signs of increasing activity, identifying top performers could prove vital for those seeking to seize opportunities amidst the current trends.

Grayscale, the world's major crypto-focused asset manager, took severe measures in the recent quarterly rebalancing and ejected ADA and ATOM of Cardano and Cosmos from its funds. This decision is a retroactive action following the industry's underlying factors, such as bad results and a strategic shift among virtual currencies.

Ethereum L2s record new highs in terms of transactions per second. Gas fees on Ethereum L2s are slashed by 99% after the Dencun Upgrade.

Prominent crypto asset management firm Grayscale has removed two high-profile digital assets, Cardano and Cosmos, from its multi-asset funds as part of its quarterly fund rebalancing.

TL;DR Grayscale conducts quarterly adjustment in funds, removing ADA and ATOM from its portfolio. Proceeds from the sales are reinvested to maintain a balanced and diversified portfolio. The removal of ADA and ATOM is based on negative returns and other selection criteria.

Grayscale Investments, the world's largest digital currency asset manager, recent quarterly rebalancing has caused a stir in the cryptocurrency community. The firm removed Cardano (ADA) and Cosmos (ATOM) from its holdings, raising questions about Grayscale's investment strategy and broader investor sentiment towards specific cryptocurrencies and the market as a whole.

The proceeds from the sold tokens were used to buy existing portfolio components, according to Grayscale. Both ADA and ATOM are down year-to-date.

Crypto expert Michaël van de Poppe has repeatedly stated that altcoins are still greatly undervalued heading into this bull run. Now, he has published a list of altcoins that he believes can provide investors with maximum returns.

As the cryptocurrency market experiences a resurgence amid the ongoing bull run, investors are actively seeking out the best assets to bolster their portfolios. With the SEC's recent approval of twelve Bitcoin spot ETFs, the market's upward trajectory has been further fueled, underscoring the growing interest in digital assets.

Cosmos is renowned for its interoperability, connecting approximately 80 blockchains, making it easier for users to access and utilize FRAX and sFRAX across various platforms.

Frax Finance is expanding its reach by integrating with the Cosmos ecosystem through a partnership with Noble.

In a significant move for the DeFi space, Frax Finance has announced its expansion into the Cosmos ecosystem, partnering with Noble, the on-chain asset issuance blockchain.

The new expansion was made possible thanks to the Noble blockchain.

The Frax token (FRAX), a crypto-collateralized stablecoin pegged to the U.S. dollar, and its staked version, sFRAX, will become native to the Cosmos ecosystem via Noble.

Renowned cryptocurrency analyst Michaël van de Poppe identified a list of top 10 altcoins offering significant buying opportunities amidst a market dip. What Happened: In an X (formerly known as Twitter) thread on Wednesday, van de Poppe highlighted the current market conditions, noting the altcoin market capitalization has seen a correction but still holds potential for more gains.

Frax, a leading company in the line of decentralized finance (DeFi), has revealed a strategic partnership that Noble is engaged in, a step that has extended the company's offerings into the Cosmos ecosystem.

TL;DR The integration of stablecoins FRAX and sFRAX into the Cosmos and IBC ecosystem will strengthen the decentralized finance (DeFi) sector. FRAX, backed by algorithms, maintains a 1:1 parity with the US dollar, ensuring stability and security, while sFRAX allows users to earn additional yields by locking their FRAX.

Interoperability and staking hub Picasso Network has successfully integrated the Inter-Blockchain Communication (IBC) Protocol with Ethereum.

Frax Finance is collaborating with Noble to bring Frax tokens from Ethereum to the Cosmos ecosystem, where they will compete with USDC.

Native on-chain asset issuance blockchain, Noble, has partnered with Frax Finance to bring decentralized stablecoins FRAX and sFRAX into the Cosmos and IBC ecosystems.

As cryptocurrency markets experience a downturn, the total market capitalization has dropped by 7% in two days to $2.62 trillion. Even Bitcoin, the largest cryptocurrency, plummeted from $71,300 to $66000, affecting the top altcoins, with bears starting to dominate the market.