BlockchainIST Insights

Issue #22

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.

šŸ“° TOP NEWS

  • Spot Ethereum ETFs experience $39 million in net outflows, ending three-day streak of positive flows.

    ā€œThe recent $39 million net outflow reflects potential investor caution or profit-taking in the current market environment.ā€

  • Bitcoin sees record growth in long-term holder supply.

    ā€œIts signaling increased confidence in the cryptocurrency's value as investors continue to accumulate and hold their assets despite market fluctuations​.ā€

  • Crypto ā€˜Non-Believer’ Goldman Sachs Holds $418M in Bitcoin Spot ETFs

    ā€œGoldman Sachs' investment in Bitcoin spot ETFs highlights a significant shift in the bank's approach to crypto, despite its previous skepticism​.ā€

  • Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space.

  • MetaMask Launches Crypto-Powered Debit Card with Mastercard.

    ā€œMetaMask'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.ā€

 šŸ“Œ REMARKS OF THE WEEK

Source: Investing.com

šŸ” CRYPTO UNLOCKS

Source: Token Unlocks

šŸŽŸļø 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

  • Detailed Info & Registration

šŸ’¬ EXPERT OPINION

ā

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.

Hal Finney

šŸ“Š METRIC OF THE WEEK

Our researchers designed this metric with ā¤ļø

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.

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