Coinbase Acquires Echo in a $375 Million Deal

The post Bloomberg’s Eric Balchunas Sees 200 Crypto ETPs by 2026 Amid Market Frenzy appeared first on Coinpedia Fintech News Crypto is going mainstream faster than ever. According to senior Bloomberg ETF analyst Eric Balchunas, there are now 155 crypto exchange-traded product (ETP) filings tracking 35 different digital assets, and the number could rise to 200 within a year. This surge indicates a growing appetite among both institutions and asset managers to integrate crypto into …

PANews reported on October 22nd that at the ETHShanghai 2025 main forum, Audrey Tang, founder of the Ethereum Application Alliance (in preparation)/Shanhaiwu, introduced that Shanhaiwu aims to create a cross-disciplinary, pop-up builder village, bringing together technology developers, AI researchers, organizational behavior experts, and governance practitioners. This community aims to promote Ethereum innovation through resource connectivity, educational systems, and a cross-disciplinary ecosystem. This month-long intensive construction project, held annually at a fixed location, fosters exchange between Eastern and Western blockchain communities, fosters real-world application scenarios, helps startups move from prototyping to market maturity, and enhances the influence of the Chinese-speaking community in the global Ethereum ecosystem. Audrey Tang also stated that while the Ethereum ecosystem has gradually improved its infrastructure, it still faces challenges in application deployment and community sustainability. Over the past three years, we have promoted ecosystem development through community education, developer support, and public open source projects. However, overall business density remains underdeveloped, with most communities still relying on donations for operations and developers lacking experience in fundraising, commercialization, and team management. The Application Alliance, a non-profit organization operating as an MPO (Public Goods Organization), aims to bring together the strengths of communities, foundations, institutions, and businesses through structured financing and a global membership system to establish a long-term, sustainable funding pool to support public goods development, open source tool development, and global application experimentation. The Alliance not only provides support for startups from ideation to market implementation, but also promotes the real-world implementation and implementation of emerging applications through education and training, developer community building, and cross-disciplinary collaboration. The Alliance aims to foster a sustainable and impactful Ethereum application ecosystem and accelerate the blockchain's transition from infrastructure development to application prosperity. She concluded by emphasizing that after completing infrastructure development, Ethereum should focus on application deployment in the next decade.

PANews reported on October 22 that spot gold rebounded to $4,150 per ounce, up nearly $150 from its intraday low.