CME Group and Glassnode have released a comprehensive report titled "Digital Assets: Insights and Market Trends H1 2024." The report provides a detailed analysis of key developments in the digital asset markets, including price performance, on-chain analytics, industry events, and derivatives data.

Key highlights include:

- An extensive overview of the digital asset market, focusing on major asset classes and the dominance of Bitcoin and Ethereum.

- Analysis of capital flows and market cycles across Bitcoin, Ethereum, and stablecoins.

- Detailed review of the growing futures and options markets for digital assets, with CME Group emerging as a dominant player.

The report also notes that the current bull market has exhibited relatively shallow drawdowns compared to previous cycles, indicating a maturing market with reduced volatility. Despite a bullish market since late 2022, Ethereum has underperformed relative to Bitcoin due to competitive pressures and regulatory advancements.

Furthermore, Bitcoin's daily on-chain transaction volumes have reached levels comparable to traditional financial giants like Visa and Mastercard, highlighting Bitcoin's increasing role in the global financial system. 📈🌐