1.Bitwise: 2024Q2 13F filing is encouraging, institutions continue to buy Bitcoin
The biggest question in the cryptocurrency space right now is whether institutions and professional investors will make a large-scale allocation to cryptocurrencies. This question is more important than the outcome of the presidential election, the prospects for congressional legislation, or the development of technology in the blockchain space. The reason is simple: math. Most investable assets are primarily held by professionals. For example, studies show that institutions control about 80% of the U.S. stock market. In contrast, institutions hold relatively little in cryptocurrency. The most aggressive estimates I've seen suggest that they may own 10% of all Bitcoin. Click to read
2. Messari: Memecoins kill retail investors
The meme coin craze may be the most predatory crypto phenomenon since the ICO boom. Unlike past cycles, where tokens were often backed by real projects with tangible value, the rise of meme coins marks a shift toward a more destructive dynamic. To understand this, let’s compare the value flows during DeFi Summer to what we’re seeing today. Click to read
3. Founder of DeFiance Capital: Aave is seriously undervalued
As the undisputed leader in the on-chain lending category, Aave has an extremely strong and sticky moat, and we believe that as a category leader in one of the most important areas of cryptocurrency, Aave is severely undervalued and has huge room for growth in the future that the market has not yet caught up with. Click to read
4. Blockchain enters a new stage: the exploration and development of DAO
Today I talked with a friend about how blockchain is entering a new phase after Bitcoin in 2009 and Ethereum in 2014. Peer-to-peer electronic cash and smart contract platforms have become popular, so what’s next? No matter what it is, its original driving force is still “DAO”. Let’s talk about it in detail. Click to read
5.4Alpha Research: Where will encryption go if Harris is elected?
On the evening of August 14, Eastern Time, the Democratic Party of the United States held an online town hall meeting called "Crypto 4 Harris" to counter Trump's influence in the cryptocurrency industry and hope to win the support of about 40 million Americans who hold cryptocurrencies for Kamala Harris. Click to read
