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📣 Despite the crypto-AI space is in its infancy, with only a few protocols generating material revenue, the sector has been one of the best performing crypto asset classes this year — link
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🔵 Ethereum Staking Amount Surpasses 34 Million $ETH
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💰 Over $7,000,000,000 in $BTC shorts will be liquidated at a price of $70,500
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💰 BTC futures basis has completely bled out from 30% earlier this year to ~5% now — link
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NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈
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⚫️ Injective has introduced some chain stats “Average Block Time Amongst Layer 1s”
Recent performance upgrades have slashed block times down to just 0.65 seconds on average.
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🇮🇳 Binance has returned to India amid an $86 million tax demand from authorities, signaling its intent to comply with local regulations.
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🔵 Base, Coinbase's layer-2 network, hit 4 million active addresses last week, spurred by its "Onchain Summer" campaign.
The initiative, running from June to August 2024, has allocated $2 million in $ETH to reward developers building on the blockchain.
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📊 In line with the growth in active Safe users, transactions involving Safe smart accounts surged 67% QoQ from 16 million in Q1’24 to 27 million in Q2’24 — link
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💰 PayPal founder and billionaire Peter Thiel says #Bitcoin is so big that society didn't even know how to process it
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🐶 After famous Notcoin, Telegram organized new airdrop among users: #DOGS!
Your airdrop depends on
⚫ Account age
⚫ Telegram premium sub
⚫ OG status
Check and claim your #DOGS here
You can sell your tokens on Bitget premarket, price is around $0.01!
And it will be listed on OKX on the 20.th this month.
📊 DEX marketshare is at an all time high relative to CEX — link
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💰 Over 35k $BTC added to exchange balances in 2 weeks
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📊 The Maker protocol already boasts over $2bn in RWA vaults on its balance sheet, accounting for nearly half of its assets — link
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💰 Last week, BlackRock's iShares Bitcoin Trust (IBIT) achieved a new all-time high of 67% market share in spot Bitcoin ETF trading volume, surpassing its previous record of 61% — link
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🔵 Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
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💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨
$𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000
$𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000
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📊 Weekly DEX trading volumes of the top 5 chains have grown from ~$20B at the start of the year, to over $40B today — link
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📊 There are now $10.9B+ of RWAs on public blockchains.
The market for tokenized assets is up from ~$8.0B since the start of the year, or roughly 37.1% to date, driven largely due to the demand for private loans and U.S. Treasury debt.
The private credit market currently stands at $8.1B while tokenized Treasuries is $1.9B. The remaining tokenized asset classes fall under $1B — link
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💰 Updated 2Q24 13-F filings for US spot Bitcoin ETFs revealed a rise in institutional inflows – particularly from the "investment advisor" category — link
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🔵 Over 50% of active L2 addresses are on Base — link
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📊 Just another $2B of token unlocks this month
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JUST IN: 🇮🇹 Italian bank, Banca Sella now offers #Bitcoin trading service on its banking platform for its 1.2 Million citizens
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🗣️ Co-founder of BitMEX, Arthur Hayes, believes that for an altcoin season to begin, Bitcoin must surpass $70,000 and Ethereum $4,000.
He also predicts that if these levels are reached, Solana could rally to $250 during the next altcoin season.
What’s your prediction for Solana’s price?
🌚 - $180
❤️ - $250
⚡️ - $350
🐳 - $500
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💰 Bitcoin dominance hits highest level since April 2021
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🔵 The new Ethereum ETFs after the first week saw $1.18bn of inflows, although the massive outflows from incumbent Grayscale have meant a net outflow of $338m — link
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🔵 ETH Trading volume hits monthly high immediately after launch of ETH ETF
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❄️ Top categories in TON's ecosystem include Analytics, Gaming, and Investment — link
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