Memecoins, RWA, AI lead crypto narratives in Q2 2024
Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024. Go to Source
Cryptocurrencies
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Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst
Only the holders with the least conviction will be selling Bitcoin on the Mt. Gox repayment news, according to popular on-chain analyst ZachXBT. Go to Source
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas. Go to Source
Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC. Go to Source
US military partner Constellation opens Hypergraph network to app developers
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications. Go to Source
Time for altseason? Analysts say altcoin market is near ‘momentum bottom’
Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to come. Go to Source
BlackRock surpasses $10.6T record AUM boosted by ETF inflows
The asset manager saw record ETF inflows at the beginning of the year, helping it surpass the $10 trillion mark. Go to Source
FHE and confidential computing will unlock $1T in crypto capital
Confidential computing could be the fourth layer of blockchain technology, which was the missing element for mass institutional adoption. Go to Source
Bitcoin and Ether lead $17.8B crypto inflows
Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs. Go to Source