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Opinion: What makes a Memecoin successful? Read more
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Weekly Project Updates: Polkadot Financial Report Draws Community Criticism, etherfi Phase Two Airdrop Launches, Friend Tech Eliminates Protocol Fees, etc https://wublock.substack.com/p/weekly-project-updates-polkadot-financial?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true
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CryptoQuant CEO Ki Young Ju: Government Bitcoin selling is overestimated. $224B has flowed into this market since 2023. Government-seized BTC contributes about $9B to the realized cap. It's only 4% of the total cumulative realized value since 2023. The realized cap represents the total capital that has entered the market.
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According to Cointelegraph, Bitfinex Securities said that it will refund investors in its Hilton Hotel project at El Salvador International Airport after failing to attract the minimum $500k in funding required to continue operations. The project is the first public token bond project in El Salvador. Currently, Bitfinex has removed the public offering from its website.
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On July 5, the total net inflow of Bitcoin spot ETFs was $143 million. Grayscale ETF GBTC had a net outflow of $28.5713 million on a single day, Fidelity ETF FBTC had a single-day inflow of $117 million, and Bitwise ETF BITB had a single-day inflow of $30.1948 million.
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Grayscale survey shows that if the Ethereum (spot) ETF is approved, nearly 25% of potential US voters will be more interested in investing in Ethereum. Nearly half of voters (47%) expect to include cryptocurrencies in their portfolios, up from 40% at the end of last year.
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