In today's Daily, Bitget and Foresight Ventures have invested $30 million in TON blockchain. Meanwhile, CME futures traders have increased their short positions on bitcoin in anticipation of the Federal Reserve's interest rate decision. Additionally, Google Cloud has introduced an Ethereum-compatible RPC service, and Monerium has launched the first euro-backed stablecoin in the Cosmos ecosystem. Furthermore, the ETH/BTC ratio has dropped to its lowest in three years, reflecting a decrease in Ethereum's popularity.

Happy Wednesday! In today's Daily, Bitget and Foresight Ventures invest $30 million in TON blockchain, CME futures traders are poised for bitcoin volatility ahead of the Fed's interest rate decision, Google Cloud rolls out an Ethereum RPC service and more.Let's get started.Crypto exchange Bitget and Foresight Ventures announced a $30 million strategic investment in The Open Network (TON) blockchain on Wednesday.CME bitcoin futures traders have increased their short positions, signaling market caution ahead of a key Federal Open Market Committee meeting on Wednesday, according to K33 Research analysts.Google Cloud has launched an Ethereum-compatible remote procedure call service, enabling developers to access blockchain data and functionality via API calls.MiCA-compliant fintech firm Monerium has launched EURe on the Noble blockchain, making it the first euro-backed native stablecoin within the Cosmos ecosystem."No one likes Ethereum right now," according to Bitwise CIO Matt Hougan, with the ETH/BTC ratio recently hitting its lowest level in three years below 0.04 amid election risk, mixed ETF results, rising competition and a focus on Layer 2s.Never miss a beat withThe Block's daily digestof the most influential events happening across the digital asset ecosystem.

Bitget and Foresight Ventures Invest $30 Million in TON Blockchain; CME Traders Increase Bitcoin Shorts