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Top #CryptoNews of This Week

1️⃣
#EthereumETFs had $179 million outflow in three days after a strong initial debut

2️⃣ U.S. Q2
#GDP grew 2.8%, surpassing the expected 2.0% and previous 1.4% growth rate

3️⃣ Robert Kennedy Jr. proposed buying
#BTC to match U.S. gold reserves if elected.

4️⃣ Jersey City's pension fund planned to invest in
#BitcoinETFs, following Wisconsin’s similar move.

5️⃣ Seven states opposed SEC’s
#cryptoregulation in court, arguing it bypassed Congressional authority.

6️⃣ Russia’s State Duma legalized Bitcoin mining &
#crypto use for international trade, starting September.

7️⃣
JD.com announced issuing a Hong Kong dollar #stablecoin on a public blockchain for liquidity.

8️⃣
#Worldcoin tokens for investors and team unlocked, totaling 2.38 billion WLD over four years

9️⃣
#MtGox creditors started receiving returned BTC & BCH assets,with ongoing distribution updates

🔟
#VitalikButerin published “Exploring Circle STARKs,” highlighting STARKs’ advancements and hash function optimization
🔵 Global #cryptomarket cap: $2.46 trillion, up 1.94%

🔵 Total
#crypto market volume: $56.76 billion, down 28.34%

🔵
#DeFi volume: $3.57 billion (6.30% of total)

🔵
#Stablecoins volume: $51.21 billion (90.23% of total)

🔵
#Bitcoin dominance: 55.51%, up 0.01%
Key Events in #Crypto This Week

1️⃣ JULY 30 (TUESDAY) : EU 🇪🇺
#GDP Q2

2️⃣JULY 31 (WEDNESDAY) : 🇪🇺EU
#CPI INFLATION

3️⃣ JULY 31 (WEDNESDAY) : US 🇺🇸INTEREST RATE

4️⃣AUGUST 01 (THURSDAY) : 🇬🇧UK INTEREST RATE

5️⃣ AUGUST 02 (FRIDAY) US🇺🇸UNEMPLOYMENT

6️⃣ July End Ripple vs SEC Settlement (Speculated)


#cryptonews #cryptomarket #bitcoin
🔵#CryptoMarket Cap: $2.48 trillion, up 2.57% in the last day.

🔵24-Hour
#Crypto Volume: $56.72 billion, down 23.25%.

🔵
#DeFi Volume: $3.35 billion, 5.90% of the total.

🔵
#Stablecoin Volume: $51.18 billion, 90.23% of the total.

🔵
#Bitcoin Dominance: 55.48%, up 0.05%.
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#ETH Exposure Sparks Interest in #ETFs

Source: @bloombergcrypto

🔵Digital currency-backed
#ETFs expected in model portfolios by late 2024, says #BlackRock chief investment officer Samara Cohen in a Bloomberg interview on July 29.

🔵Big firms like Morgan Stanley, Wells Fargo, and UBS are analyzing
#crypto ETFs. These firms conduct risk analytics and due diligence.

🔵Focus is on
#Bitcoin ($BTC) and #Ethereum ($ETH) roles in portfolios.