📊 Crypto Reports (July 4, 2024):

1️⃣ Artemis: Among all sectors of the cryptocurrency market, NFTs performed the worst in June. The capitalization of the #NFT sector plummeted by 50.9%, reaching $591 million. Additionally, sales volumes of non-fungible tokens fell by 46.03% during the month, hitting a low of $480 million. 📉

2️⃣ DeFiLlama: On July 1, the daily revenue on Pump.fun, a Solana-based meme token launch platform, soared to $1.99 million. This figure surpassed the daily revenue of the Ethereum network, which stood at $1.91 million. 🚀

3️⃣ River: By the end of Q1 2024, 13 of the 25 largest US hedge funds owned Bitcoin-based products. Research indicates that 534 organizations, ranging from hedge funds to pension and insurance companies, with assets exceeding $1 billion, have invested part of their funds in BTC-ETFs. 📈

4️⃣ CryptoQuant: Chinese #mining pools currently dominate the market, accounting for nearly 54% of it. ⛏️

5️⃣ Galaxy: In the second quarter, the crypto industry attracted $3.2 billion in venture capital, a 28% increase from the previous period’s $2.5 billion. 💰

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