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πŸ₯³ #RWA Bitfinex Securities will launch two new tokenized bonds on the Liquid Network. theblock
🍰🧯 #CAKE PancakeSwap burned ~8.59 million CAKEs worth ~18 million $
πŸ“Š #BTC #ETH Matrixport: Crypto Is The Best Asset Class YtD
2024 is half way through and as we enter the third quarter of the year, Ethereum and Bitcoin are once again leading the way among the other asset classes. Since the Bitcoin ETF approval in January, asset managers have no excuse anymore to NOT have Bitcoin as part of their asset allocation strategy, especially since it is once again the best performing asset, so far, this year.
πŸ“‰ Compared to the peak of the cycle, the amount of #USDT issued on the ETH and TRON networks has significantly decreased from 7 billion to 1 billion.

This may be related to the current reduction in trading activity and demand for the coins.
πŸ‡΅πŸ‡­πŸ₯³ Philippines accepts #USDT for social security payments. cointelegraph.com
πŸ” Top 15 projects for TVL growth in Q2

Among the top performers are Nile, Linea's central liquidity hub, EVAA, a lending protocol on #TON blockchain, and Echelon, a lending market connecting liquidity and supercharging yields on Aptos.
⛏ #BTC C.Q.: Miners' selling pressure has decreased significantly and their selling volume is being digested quickly.

Sufficient conditions have been created to continue the upward rally again in the third quarter of 2024.
πŸ₯³ #STRK Starknet Foundation announced DeFi Spring 2.0.
πŸ•΅οΈ #SOL for ~$44.3 million transferred from unknown wallet to Kraken
πŸ₯³ #MINT Blockchain starts up main network
πŸ•΅οΈβ€β™‚οΈ #WOO for ~$8 million transferred on Binance.
πŸ•΅οΈβ€β™‚οΈ #BTC C.Q.: Large-scale selling pressure on exchanges is decreasing. This reduction in outflows suggests that investors are more willing to hold on to their assets. This could mean that investor sentiment has become more positive.
πŸ₯³πŸŽ #ZETA announced The Genesis Epoch program will begin on July 25 with an incentive pool of 8 million #ZEX
πŸ’° Astria raises $12.5 million in funding. coindesk.com
πŸ’° #AI Robinhood acquires Pluto, an AI investment research platform. newsroom.aboutrobinhood.com
πŸ€” #BTC C.Q.: The current demand for coins is sustained by the exchanges themselves, buying the dip. The "Supply > 10K" cohort has grown by more than 10%, while all other cohorts, including miners, are selling.

Overall, this is OK, but artificial demand doesn't look healthy
πŸ‡°πŸ‡Ώ #TON The Financial Services and Regulatory Authority of Kazakhstan (AFSA) has approved Toncoin (TON) for trading on regulated exchanges. cointelegraph
πŸ™‹β€β™‚ #JUP Jupiter now supports PayPal stablecoin #PYUSD. twitter
😊 In the second quarter of 2024, meme coins became the growth leaders and the most profitable category.
#memecoin
2024/10/02 16:28:15
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