In 2024, hundreds of articles were published about the great advances in quantum computing, this is coming and many people are not paying attention
Читать полностью…Look for blockchains resistant to quantum computers, it will be a new narrative, thank me later #DYOR.
Читать полностью…https://x.com/0xpolygonfdn/status/1813846238455873964?s=46&t=LOvWXXyGdNMBXjlXUXtUPw
Читать полностью…🚨🚨 Breaking News : Indian 🇮🇳 crypto exchange #WazirX potentially compromised for $234.9M, says cyber alerts.
@News_Crypto
2024 Q2 Crypto Industry Report
🔸 Total crypto market capitalization dropped -14.4% in 2024 Q2;
🔸 Bitcoin fell -11.9%, ranging between $58k - $72k;
🔸 Bitcoin mining hash rate declined -18.8%;
🔸 The top 15 CoinGecko categories in 2024 Q2 were Meme Coins, AI and RWA, accounting for 77.5% of web traffic;
🔸 Ethereum added 120.8K ETH to its supply, as emissions outpaced burns;
🔸 Spot trading volume on CEX hit $3.40T in 2024 Q2, a drop of -12.2% from 2024 Q1;
🔸 Spot trading volume on decentralized exchanges increased +15.7% to hit $370.70B, due to a surge in meme coins and airdrops.
#DailyCryptoNews
💼 Top crypto news for Monday, July 15
📌 Thailand to launch $12.4B digital cash scheme to boost local economy.
📌 Panasonic, IBM partner with Constellation Network to debut its DoD-vetted blockchain.
📌 South Korea’s ruling party proposes delaying crypto tax to 2028.
📌 Hong Kong flags 7 unregulated crypto exchanges for noncompliance.
📌 BitConnect promoter banned for 5 years by Sydney District Court.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
Global cryptocurrency trading volume in 2024 is estimated to exceed $108 trillion
▫️Europe leads in crypto trading, accounting for 37.32% of global transaction value.
▫️Binance holds the top spot as the most widely used crypto exchange, dominating in 100 out of 136 countries.
▫️The United States holds the title for the country with the highest estimated crypto trading volume in 2024, surpassing $2 trillion.
▫️Turkey and India rank 2nd and 3rd globally, respectively, with both countries boasting trading volumes exceeding $1 trillion.
Was under water for a bit but expecting upside for a few weeks at least.
Next 4-6 weeks should ideally be up.
Bitcoin currently sees around $46.4b in on-chain volume daily, comparable to traditional payment processors like Visa and Mastercard.
Читать полностью…📈 Crypto volumes expected to grow further
A new report from Finery Markets argues that there is further room for growth as recent regulatory approvals continue to work their way through to the market.
Key Takeaways:
▪️In H1 2024, the OTC institutional crypto market's total spot transaction volume soared 95% YoY.
▪️The rally in BTC and inflows into ETFs have spurred increased institutional interest in crypto products. Ethereum trading volumes rose by 32% in the first half of 2024 compared to the same period in 2023. The approval of ETH ETFs may further drive institutional participation in the market.
▪️ Crypto-to-crypto trades demonstrated a 50% year-over-year growth. In contrast, crypto-to-fiat pairs decreased by 12% in the first six months of 2024 compared to the same period in 2023. Amid rising interest in digital assets, transactions involving stablecoins across all blockchains and layers surged 2.6 times year-over-year.
#DailyCryptoNews
💼 Top crypto news for Wednesday, July 17
📌 Grayscale launches new decentralized AI fund.
📌 Hong Kong unveils new stablecoin licensing regime.
📌 Nansen partners with Aptos for dashboard after Aptos users double in six months.
📌 Nigeria begins review of its blockchain technology policy.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
#DailyCryptoNews
💼 Top crypto news for Tuesday, July 16
📌 SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers.
📌 Kraken tells users that Mt. Gox reimbursement funds have been received.
📌 Polygon launches upgraded ZK proving system Plonky3.
📌 Proof-of-funds technology seeks to replace exchanges’ reserves reports.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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📈 Digital Asset Fund Flows Weekly Report
▪️Digital asset investment products saw further buying on price weakness with inflows of $1.44bn inflows last week, bringing year-to-date (YTD) inflows to a record $17.8bn, far surpassing the 2021 inflows of $10.6bn.
▪️Bitcoin saw the 5th largest weekly inflows on record with $1.35bn, while short-bitcoin saw the largest weekly outflows since April at $8.6m.
▪️Ethereum, which saw $72m inflows last week, likely in anticipation of the imminent approval of the spot-based ETF in the US.
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