TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
Cosmos IBC Eureka Launch:- In a bid to integrate Ethereum ecosystem with its network, Cosmos has announced the launch of its interoperability layer, Eureka – bringing interoperability. Eureka upgrade will now allow Ethereum-compatible chains to directly communicate with cosmos blockchains via its native interoperability protocol – IBC.
Cosmos ATOM has introduced Eureka, a new tool meant to link its blockchain system with Ethereum ETH.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
Cosmos, a blockchain network aiming to become the “internet of blockchains,” has launched Eureka, an interoperability layer designed to link its inter-blockchain communication (IBC) protocol with Ethereum.According to an April 10 announcement, Eureka has expanded the Cosmos IBC protocol, changing IBC from an ecosystem standard “to a universal interoperability protocol,” setting the hub on a course to become the home of multichain apps. Cosmos projects are integrating into IBC Eureka.
Ethereum is the first non-Cosmos network to join the IBC ecosystem which plans expand to networks including Solana, Base and Arbitrum.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
Last week, Bitcoin (BTC) began showing early signs of decoupling from the US stock markets. Bitcoin was relatively flat over the week, while the S&P 500 plunged by 9%.
Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.
Cosmos (ATOM) is gaining strong bullish momentum, jumping over 14% in the last 24 hours as technical indicators flash potential for further upside. The token's Relative Strength Index (RSI) has surged from deeply oversold levels to nearly overbought territory, highlighting an aggressive wave of buying pressure.
Bitcoin and the crypto market were hit by a price correction in response to the U.S. President Donald Trump's tariff announcements on Liberation Day. Cosmos's token ATOM defied the trend with nearly 10% gains on the day.
Cosmos (ATOM) has staged a remarkable comeback, soaring 16.72% over the past 24 hours to trade above $5.06 at press time.
For ATOM to continue with the uptrend, it needed to break and stay above the key level at $5.
Cosmos ($ATOM) rallied by 10% on Friday, hitting a local high of $4.86. The price increase followed eToro's announcement that it had launched staking for Cosmos ($ATOM) and Polkadot ($DOT), allowing eligible users to earn rewards by holding the assets.Despite the short-term price boost, $ATOM remains down by 57.
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day's levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion.
Built on the Cosmos SDK, this new sidechain is the result of a successful collaboration. It brings together RippleX, Axelar, Common Prefix, and Peersyst.
Crypto prices remained on edge on Friday as the market came to terms with Donald Trump's trade war and its implications. Bitcoin bounced back above $84,000, while other popular tokens like Ethereum, Ripple, and Solana crawled back.
The crypto market today has resumed its business with sentiments being unchanged over the previous day. Talking about numbers, the market cap has sunk 1.38% since yesterday to $2.65 trillion. The trading volume has taken a shot down 32.13% to $88.91 billion.
The crypto market took a dramatic tumble after President Donald Trump's Liberation Day speech on Wednesday. Markets panicked after President Trump imposed sweeping tariffs on global trading partners.
TL;DR VanEck launched an ETN linked to Celestia, allowing investment in the TIA token without directly managing digital assets. TIA uses a modular model that separates consensus and data, making it easier to create customized blockchains. The product, domiciled in Liechtenstein, has a NAV of $8.28 and manages $27.75 million in assets with a 1.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia. Celestia is a modular blockchain designed to scale decentralized applications.
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.
Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.
The crypto market dipped into the red over the past 24 hours as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap dropped to $2.86 trillion.
$979.5M unlocks in a year inflated Celestia's circulation by 101%, but TIA's price showcased resistance so far.
Cosmos developers are advancing efforts to enhance the Inter-Blockchain Communication (IBC) protocol by extending its capabilities to Ethereum.
Cosmos's development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum.
TL;DR IBC Evolution: Cosmos developers unveiled the “Eureka” IBC upgrade (IBC-go v10) that paves the way for native Ethereum interoperability, enabling seamless asset and data transfers. Milestone Test: Interchain Labs successfully tested an IBC transaction from Cosmos Hub to Ethereum, marking a crucial step toward robust cross-chain functionality.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
Nubank, a Latin American financial bank backed by Warren Buffett's Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement.
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
The Interchain Foundation, part of the Cosmos ecosystem, has announced the open-sourcing of Evmos, establishing it as the network's native Ethereum Virtual Machine (EVM) framework.
The Interchain Foundation has funded the open-sourcing of evmOS—now branded Cosmos EVM—as the standard Ethereum Virtual Machine framework for the Cosmos ecosystem.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
TL;DR Interchain Integration: The ICF has open-sourced Evmos, now rebranded as Cosmos EVM, integrating EVM compatibility directly into the Cosmos SDK to streamline cross-chain communication between Ethereum and Cosmos. Developer Empowerment: Released under the Apache 2.0 license, Cosmos EVM enables developers to easily incorporate Ethereum features, Ethereum wallets, and native ERC-20 tokens.
This integration strengthens interoperability between the EVM ecosystem and Cosmos, particularly through the IBC protocol.
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The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.
The cryptocurrency market remains largely in a consolidation phase, led by Bitcoin (BTC), which is pushing to make a decisive break above the $85,000 resistance while targeting the $90,000 mark.
Cosmos price rose for five consecutive days and reached its highest level since March 3 as demand and futures open interest rose. Cosmos (ATOM) jumped to a high of $4.
Celestia (TIA) has shown a recent recovery, reaching $3.60 after a 31% rise in the past 48 hours. This price action helped the altcoin recover most of its recent losses.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
Market conditions could favor TIA for a major rally.
Celestia (TIA) has quickly garnered attention in the cryptocurrency world, primarily due to its innovative modular blockchain architecture. Designed to enhance scalability and interoperability, Celestia offers a unique solution for improving Ethereum's scalability, which has raised interest in the market.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.