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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
Spot Ethereum ETFs experience $39 million in net outflows, ending three-day streak of positive flows.
“The recent $39 million net outflow reflects potential investor caution or profit-taking in the current market environment.”
Bitcoin sees record growth in long-term holder supply.
“Its signaling increased confidence in the cryptocurrency's value as investors continue to accumulate and hold their assets despite market fluctuations.”
Crypto ‘Non-Believer’ Goldman Sachs Holds $418M in Bitcoin Spot ETFs
“Goldman Sachs' investment in Bitcoin spot ETFs highlights a significant shift in the bank's approach to crypto, despite its previous skepticism.”
Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space.
MetaMask Launches Crypto-Powered Debit Card with Mastercard.
“MetaMask's launch of a crypto-powered debit card in partnership with Mastercard represents a significant step towards integrating cryptocurrency with everyday financial transactions, making it easier for users to spend their digital assets directly.”
📌 REMARKS OF THE WEEK
Source: Investing.com
🔐 CRYPTO UNLOCKS
Source: Token Unlocks
🎟️ EVENT OF THE WEEK
Web3 Summit 2024
The Web3 Summit 2024 is a collective quest to develop technology that safeguards privacy, defies censorship, and pioneers new economic and societal frameworks.
Date Aug 19-21
💬 EXPERT OPINION
I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking.
📊 METRIC OF THE WEEK
Our researchers designed this metric with ❤️
GLOSSARY CORNER Web3 is a decentralized internet built on blockchain technology, giving users more control over their data and enabling peer-to-peer interactions without intermediaries. | EDITOR’S CHOICE • Onchain VS Offchain Governance (video) |
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