According to statistics from Dede Think Tank, as of 12:00 on July 28, 2024, there are 14,954 currencies in the global digital currency market. The total market value is $2,531,830,987,038 (about $25,318 billion). This week, the total market value of digital currencies fell by about $38.6 billion compared to last week, a drop of about 1.50%.
Most of the global mainstream digital currency markets fell last week
According to statistics from Dede Think Tank, as of 12:00 on July 28, 2024, most of the mainstream digital currency markets fell last week.
Among them, the price of BTC rose from US$66,742.84 to US$67,504.27, an increase of about 1.14%;
The price of ETH fell from $3,486.72 to $3,228.41, a drop of about 7.41%;
The price of BNB fell from $592.33 to $579.49, a drop of about 2.17%;
The LTC price fell from $72.66 to $70.79, a drop of about 2.57%;
The DOT price fell from $6.25 to $5.74, a drop of about 8.16%.
The SOL price increased from $171.72 to $182.58, an increase of about 6.32%.
This week, the overall market value of the top 30 digital currencies increased by 0.59% compared to last week.
According to statistics from Dede Think Tank, as of 12:00 on July 28, 2024, there are 14,954 currencies in the global digital currency market. The total market value is $2,531,830,987,038 (about $25,318 billion). This week, the total market value of digital currencies fell by about $38.6 billion compared to last week, a drop of about 1.50%.
The total market value of the top 30 digital currencies is $2,240,327,825,051 (approximately US$224.03 billion), accounting for approximately 88.49% of the total market value of all digital currencies, an increase of 0.59% compared to last week.
BTC ranks first in market value this week, at approximately $1,332 billion, accounting for 59.46% of the total market value of the TOP30, up 1.18% from last week.
Ranked second is ETH, with a market value of approximately US$388.1 billion this week. The TOP30 total market value accounts for 17.33%, down 1.22% from last week.
Ranked third is USDT, with a market value of approximately US$114.3 billion this week. Its TOP30 total market value accounts for 5.10%, up 0.05% from last week.
The overall fluctuation of the cryptocurrency ranking in the TOP 30 is small. The specific distribution of cryptocurrency is shown in the following figure:
The top 30 digital currencies by market value this week are divided into public chains, platform coins, stablecoins, tokens, DeFi and other fields.
The largest sector is public chain, accounting for 77.42%, and the second largest sector is stable currency, accounting for 6.80%. The distribution of the top 30 digital currency sectors is shown in the figure below:
There was no significant fluctuation in the share of Bitcoin mining pools this week
According to statistics from Dede Think Tank, a total of 1,125 Bitcoin blocks were mined this week. Among them, there were 3 empty blocks, accounting for 0.27%. The average mining fee and block reward accounted for 2.16%. This week, the top 10 Bitcoin mining pools accounted for 94.41% of the total share. The specific mining pool share distribution is as follows:
Weekly News Review
Industry Progress
New York Post: Trump may consider BlackRock CEO Larry Fink as the next US Treasury Secretary
The official X accounts of DOGS and Pixelverse have been frozen
CSOP to launch Asia’s first inverse Bitcoin ETF in Hong Kong
U.S. cryptocurrency advocacy group urges Harris to take a forward-looking approach to digital assets
CNBC discusses the possibility of the US government using Bitcoin as a reserve currency
Europol: Cybercrime using AI is expected to rise
US politicians can now accept cryptocurrency donations on Base Chain
Investment and Financing
Decentralized AI platform Redpill completes $5 million seed round of financing
Baichuan Intelligence completes RMB 5 billion Series A financing, with participation from Alibaba, Xiaomi, Tencent and others
On-chain order book DEX Kuru completes $2 million seed round of financing, led by Electric Capital
Pixelverse co-founder: Although many blockchain games have raised huge amounts of funding, they are unable to attract real players
Bitcoin scaling network Mezo raises $7.5 million, led by Ledger Cathay Fund
FairShake has become the largest super PAC this election cycle, raising more than $200 million
zkRollup network Zircuit completes mainnet financing
One-week policy review
Seven U.S. states jointly submit a statement opposing the SEC's excessive regulation of cryptocurrencies
Russia may realize cross-border payment of digital ruble in 2026
JD.com to issue stablecoin in Hong Kong pegged 1:1 to Hong Kong dollar
Deutsche Telekom joins XDC Network as infrastructure provider focusing on RWA and DePIN
The Bank of Japan will hold a meeting at the end of the month to discuss whether to raise interest rates further
India plans to release cryptocurrency policy discussion paper by September
HSBC Australia blocks cryptocurrency trading to prevent fraud
Investment Calendar
July 22 (Monday)
Spanish bank Unicaja invests in crypto exchange Bit2Me
July 23 (Tuesday)
Spot Ethereum ETF has started trading, BlackRock ETHA is currently trading at $26.33 per share
July 24 (Wednesday)
OKX Web3 wallet is launched on the water collection center, and the first phase supports BTC Signet SBTC collection
July 25 (Thursday)
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July 26 (Friday)
Trump: I will fire the SEC chairman, never sell your Bitcoin
July 27 (Saturday)
Robert Kennedy Jr.: Trump may announce a 1 million Bitcoin strategic reserve plan at the Bitcoin Conference
July 28 (Sunday)
[DeDe Summary] Full text of Trump’s speech at the Bitcoin Conference: firing the SEC chairman, establishing a national strategic reserve of BTC, and mentioning China ten times
