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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
U.S. Bitcoin ETFs see second-highest daily net inflows, $886.75 million.
“It demonstrates that institutional demand for US Bitcoin ETFs continues while other countries such as Australia pave the way for Bitcoin ETFs.”
Roaring Kitty and GME-themed memecoins surge after Keith Gill's YouTube return.
“It is possible to see Keith Gill, aka Roaring Kitty, become a billionaire if GameStop, $GME holds above $65. On the other hand, GME-based memecoins have gained momentum due to the hype.”
Vitalik Buterin criticizes celebrity memecoin projects.
“Vitalik shared his opinion on his social media by underlining the value of memecoins and fan tokens. Buterin heavily criticized celebrities who use memecoins to create Ponzi schemes.”
Rutherford Chang's Ordinals project will be featured in Christie's.
“It is not the first time we see Christie’s host an Ordinal project, an artwork on Bitcoin’s native chain.”
📌 REMARKS OF THE WEEK
Source: Investing.com
🔐 CRYPTO UNLOCKS
Source: Token Unlocks
🎟️ EVENT OF THE WEEK
BTC Prague
BTC Prague will take place in the capital of Czechia in June 2024 for a Bitcoin-only conference in Europe. Ther will be curated world-class Bitcoin speakers on 4 stages and100+ companies & open-source projects at the Expo. Plus, 10,000+ attendees from all across Europe and beyond!
Date Jun 13 - 15
💬 EXPERT OPINION
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”
📊 METRIC OF THE WEEK
Our researchers designed this metric with ❤️
GLOSSARY CORNER Monetary policy is the process by which a central bank, manages the supply of money and interest rates to influence economic activity, primarily aiming to achieve objectives like controlling inflation, managing employment levels, and maintaining financial stability. | EDITOR’S CHOICE |
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