Crypto Industry

🔥 Kraken exec expects Ethereum ETF launch to ‘lift all boats’ 🎙 Kraken Head of Strategy Thomas Perfumo said spot Ethereum (ETH) ETFs could help the crypto sector while commenting on political developments in the US. 🔴 He said that the crypto market is “pricing in” $750 million to $1 billion of net inflows to Ethereum products on a monthly basis, which would imply that Ethereum could reach all-time highs between $4,000 and $5,000.

🔵Mt. Gox creditors may need to wait up to three more months to receive their Bitcoin repayments ✅ Initially expected to start from March 10, 2023, with a final deadline of September 30, the repayment process has now been extended to October 31, 2024. This extension is due to the time required for verifying repayment information and coordinating with financial institutions. Despite the overall delay, some creditors might start receiving their payments by the end of this year, as repayments will be processed sequentially based on the submission of necessary information. The total repayment includes a mix of Bitcoin, Bitcoin Cash, and Japanese Yen, with the first 200,000 yen worth of each creditor’s claim paid in yen and the remaining amount split between crypto and fiat.

💎 Playing and claiming rewards from the P2E game Bears Rumble ICO ⚡️ Bears Rumble ICO is an exciting P2E game in which we will have to play as a bear and with the help of alien technology to overcome the game obstacles by completing quests. The project has CERTIK certification. Later game assets will turn into NFTs, which we will be able to exchange and sell, with 20% of our tokens to drop our players. ⭐️ The project has not been released yet, the presale is planned in 3.5 months, so now you can join us on our social networks to become early users and participate in our activities. Subscribe to Telegram, Discord and keep an eye on our Official website.

📊 Robinhood looking to list crypto futures in the coming months: Bloomberg ✔️ Robinhood is reportedly looking to leverage its impending Bitstamp acquisition to expand further into the futures market with crypto contracts. ✅ Robinhood Markets wants to launch CME-based Bitcoin and Ether futures in the U.S. and would use Bitstamp's licenses to offer perpetual futures for Bitcoin and other tokens in Europe, Bloomberg reported citing people familiar with the matter.

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🔥 Bitcoin’s realized market cap hits $600 billion ✔️ Bitcoin’s realized capitalization has shown a marked increase alongside the asset’s price in 2024. As depicted in the charts, realized cap reflects the aggregate value of all BTC at the price they were last moved, diverging from traditional market capitalization metrics. ✔️This metric reached approximately $600 billion in June 2024, coinciding with Bitcoin’s price stabilizing near $63,000.

🔥 Bitcoin’s realized market cap hits $600 billion ✔️ Bitcoin’s realized capitalization has shown a marked increase alongside the asset’s price in 2024. As depicted in the charts, realized cap reflects the aggregate value of all BTC at the price they were last moved, diverging from traditional market capitalization metrics. This metric reached approximately $600 billion in June 2024, coinciding with Bitcoin’s price stabilizing near $63,000.

🔥IOTA’s DeFi Reach Grows as Rabby Wallet Integrates IOTA EVM ✔️A Web3 wallet by DeBank, Rabby, has announced the integration of IOTA EVM to enhance the multi-chain Decentralized Finance (DeFi) experience. 🗣According to the report, the integration would enable users to have optimized benefits by switching between chains while using the DeFi applications simultaneously on multi-chain.

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🔥Chainlink Tops Real-World Crypto Assets With the Most Development Again ✔️Chainlink (LINK), the native token of the decentralized blockchain oracle network built on Ethereum, has emerged once more as the top real-world asset with the most development activity in the last 30 days. Real-world assets are cryptocurrencies that represent physical assets like properties and objects. Like other crypto assets, they run on smart contracts and blockchains and have been gaining popularity recently, with a market capitalization running into billions of dollars.