US Spot Bitcoin ETFs See $17B YTD Net Flows
Eric Balchunas highlights the $17B net flows in US Spot Bitcoin ETFs as a key indicator of genuine demand and adoption, independent of price appreciation. Eric Balchunas, a Senior Bloomberg ETF Analyst, observed that this is the inaugural instance of the offering reaching this level. He believes that this figure is the most critical to […]
Terra Luna Classic Finalizes Key Upgrade Changes
Terra Luna Classic finalizes the tax distribution upgrade, diverting rewards to the Oracle Pool and causing a brief delay. The final modifications to the tax distribution enhancement have been implemented by the developers of Terra Luna Classic. A release of the Terrad client is generated that will redirect short-term rewards to long-term rewards after the […]
Community Approves for Aave V3 on Aptos Mainnet
Aave community approves V3 deployment on Aptos Mainnet, marking its first move into a non-EVM blockchain. The deployment of Aave V3 on the Aptos Mainnet has received enthusiastic support from the Aave community. This decision, made through a community referendum that concluded on July 19, 2024, represents the tokens’ initial entry into a blockchain ecosystem […]
Italian State Bank Issues €25M Digital Bond on Polygon Blockchain
Italy’s Cassa Depositi e Prestiti issues €25M digital bond on Polygon blockchain, underwritten by Intesa Sanpaolo. Cassa Depositi e Prestiti (CDP), Italy’s state-owned development bank, has issued a €25 million digital bond on the Polygon blockchain. This issuance, which is the sole investor and is underwritten by Intesa Sanpaolo, represents a significant advancement in integrating […]
XRP Could Surge 12,074% to Match Apple’s Market Cap
One year after Judge Torres ruled XRP is not a security, its price surged 20.5% to $0.5153, with a 10.12% gain in the past 24 hours. XRP investors were granted the much-needed clarification they sought on July 13, 2023, when Judge Analisa Torres declared that the coin was not a security. The weekly statistics showed […]