AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Last week, the SPX index was down by 0.83%, this shift reflects a move from mega-cap tech stocks to smaller, interest rate-sensitive stocks. Additionally, the latest PCE price index report for June met expectations.The broader cryptocurrency market was up, with Bitcoin and Ether rising by 1.68% and 1.39%, in the past 24 hours.
Today's top performer is TOMI, which surged 55.0% following tomiNet's announcement of new wallet update with NFT support.
tomiNet (TOMI), launched in 2023, is a decentralized internet network offering a private, censorship-free browsing experience with a decentralized browser and DNS. It operates through a decentralized autonomous organization (tomiDAO) where users vote anonymously on content management, blending Web 2.0 and Ethereum's Web3 technologies. tomiNet announced a new version of the tomi Wallet with added features including NFT support, allowing users to manage NFTs directly within the wallet. More updates are expected to be announced soon.
Rootstock has successfully verified a zero-knowledge SNARK using BitVMX, a modified version of Robin Linus's BitVM, on Bitcoin's main network. This verification marks a significant technological advancement, enabling the interaction and validation of SNARK proofs directly on-chain. This achievement enhances Bitcoin’s capabilities, potentially making it more compatible with fast, cost-effective layer-2 networks, and introduces programmability similar to Ethereum. The process was initially tested on a testnet before being executed on the mainnet, setting the stage for broader applications using the RISC-V architecture and BitVMX’s virtual CPU. A correction was made to clarify that the verification occurred on Bitcoin's mainnet, not Rootstock’s.
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
22 July 2024 | 0.0 | 485.9 | 485.9 |
23 July 2024 | (27.3) | (50.7) | (78.0) |
24 July 2024 | (26.2) | 70.7 | 44.5 |
25 July 2024 | (39.6) | 70.7 | 31.1 |
26 July 2024 | (26.5) | 78.3 | 51.8 |
Total | (119.6) | 654.9 | 535.3 |
Current Total: | (18,814) | 36,403 | 17,589 |
On July 26, 2024, Bitcoin ETFs experienced a total net inflow of $51.8 million, with significant contributions from IBIT, BITB, and HODL, which saw inflows of $23.2 million, $31.4 million, and $19.2 million respectively. However, GBTC faced a notable outflow of $26.5 million, highlighting varied investor confidence across different Bitcoin ETFs.
The latest key airdrop updates include several significant events: The deBridge snapshot for season 1 points, distributing 1.4 billion points with a forthcoming $DBR token launch and airdrop checker. The Layer3 airdrop allocation checker is now live, evaluating eligibility based on various criteria with a form available for discrepancies. The Eclipse is gearing up for a mainnet launch next week, introducing a Solana Virtual Machine L2 on Ethereum. Lamina1's airdrop claim is open until August 26th, and Caldera has raised $15M in a Series A funding round, with a total of $25M in funding and a new Metalayer NFT to mint. Interaction with Zora is recommended as part of ongoing engagement.