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BlockchainIST Insights
Issue #09

Welcome back to BlockchainIST!
We decode the complexities of blockchain and crypto-economics with precision and poise. As a research center committed to revealing the entanglements of this dynamic domain, we are delighted to present you with a curated collection of insights, analysis, and cutting-edge research.
📰 TOP NEWS
SEC delays decision on Invesco Galaxy's spot Ether ETF application.
“SEC extended the deadline to July 5 for further review. Although authorities are skeptical about Spot Ethereum ETF applications, it might be the next narrative in 2024”
Hong Kong spot Bitcoin ETFs gather $230 million in assets.
“Crypto ETFs in Hong Kong started to gain momentum. When they first started, volumes were relatively low. Also, spot ETFs in Hong Kong outpace futures ETFs by 80% in assets under management.
Ethereum's supply shift is now inflationary after Dencun upgrade.
“ETH supply increased post-upgrade, marking Ethereum's shift to inflation since 2022.”
Trump and Biden-inspired memecoins surge after Trump's crypto campaign move.
“MAGA and Boden memecoins which are not affiliated with the US candidates have increased over 44% and 22% respectively.”
📌 REMARKS OF THE WEEK

Source: Investing.com
🔐 CRYPTO UNLOCKS

Source: Token Unlocks
🎟️ EVENT OF THE WEEK
Solana Crossroads

Solana's Largest Community Conference with more than 3,000 attendees and 50+ speakers
Dates May 10-11
💬 EXPERT OPINION
There is no second best.”
📊 METRIC OF THE WEEK

Our researchers designed this metric with ❤️
GLOSSARY CORNER Stablecoin is a type of cryptocurrency designed to maintain a stable value, often pegged to a fiat currency (USD, EUR etc.), a commodity (gold, silver etc.), or another stable asset. It aims to minimize price volatility, making it more suitable for transactions and storing value. | EDITOR’S CHOICE • 3 MAIN Types of Stablecoins Explained (video) |
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