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BlockchainIST Insights
Issue #07

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
Hong Kong to launch Asia's first spot Bitcoin and Ether ETFs by April 30.
“Spot Bitcoin ETF approval by the SEC has created a demand in Asia. Traditional investors in the US are also seeking spot ETFs.”
Runes protocol generates $135 million in Bitcoin transaction fees.
“With the halving event, Rune update took place and it allows direct token minting on the Bitcoin network.”
The creator of China’s CBDC is under investigation for legal violations.
“ China Securities Regulatory Commission's (CSRC) Technology Supervision Director Yao Qian is under investigation for legal violations. Qian was the creator of China’s CBDC. He also worked in the digital money institute of China.”
CryptoPunk #635 sells for $12.41 million in ETH.
“This marks the sixth-most expensive CryptoPunk sale and third in 2024.”
📌 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
Smart property might be created by embedding smart contracts in physical objects.”
📊 METRIC OF THE WEEK

Our researchers designed this metric with ❤️
GLOSSARY CORNER Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that is accounted for by Bitcoin alone. It measures Bitcoin's share of the overall cryptocurrency market relative to other cryptocurrencies. | EDITOR’S CHOICE • What is a stablecoin? (book) • Bitcoin Dominance (video) |
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