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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
U.S. BTC ETFs recorded over $470M inflows, led by BlackRock's IBIT.
“The surge in inflows into U.S. Bitcoin ETFs, especially BlackRock’s IBIT, underscores increasing institutional confidence and demand for regulated Bitcoin exposure. Additionally, US-based spot Bitcoin ETFs have paved the way for other countries to embrace and imply them to their economical structure.”
Grayscale files with SEC to convert its $520M fund into an ETF.
“It is a major step toward making diversified crypto investments more accessible. It demonstrates the increasing appetite for diversified crypto products beyond just Bitcoin and Ethereum.”
Kraken launches kBTC, a wrapped Bitcoin product for DeFi and cross-chain compatibility.
“Kraken’s introduction of kBTC expands Bitcoin’s utility in DeFi, allowing more fluid integration with Ethereum and other networks.”
NFT holders sue Eden Gallery over unmet metaverse promises for Meta Eagle Club.
“The lawsuit against Eden Gallery showcases the importance of delivering on NFT project promises. Furthermore, it also empowers the legal framework of NFTs and crypto-assets in general.”
📌 REMARKS OF THE WEEK
Source: Investing.com
🔐 CRYPTO UNLOCKS
Source: Token Unlocks
🎟️ EVENT OF THE WEEK
European Blockchain Convention 2024
The Autumn 2024 edition of Blockchain Life, a premier event for cryptocurrencies, mining, and Web3, will be held on October in Dubai.
Over 8,000 attendees from 140 countries, including major company founders, industry leaders, and numerous emerging projects, are expected to participate.
Date Oct 22-23
💬 EXPERT OPINION
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.
📊 METRIC OF THE WEEK
Our researchers designed this metric with ❤️
GLOSSARY CORNER Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin that exists on the Ethereum blockchain. It is backed 1:1 by Bitcoin, allowing users to use Bitcoin within the Ethereum ecosystem, particularly for DeFi applications. | EDITOR’S CHOICE • What's A Wrapped Token? (video) |
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