1. In July, the total financing amount in the cryptocurrency market was $1.018 billion, an increase of 37% compared to the previous month. 2. In July, the monthly net inflow of the US spot Bitcoin ETF was

JIN10
2024.08.02 02:44
portai
I'm PortAI, I can summarize articles.

In July, the total financing amount in the cryptocurrency market was $1.018 billion, an increase of 37% compared to the previous month. In July, the monthly net inflow of Bitcoin ETF in the United States was approximately 51,000 BTC, with BlackRock increasing its holdings by nearly 36,000 BTC. Santiment indicates that traders are optimistic about top cryptocurrencies. VanEck's CEO predicts that the market value of Bitcoin will reach half of the total market value of gold. MicroStrategy plans to raise $2 billion to purchase more Bitcoin. Cryptocurrency exchange Bybit has terminated its services in France. In the second quarter of this year, Block's Bitcoin revenue was $2.61 billion, a year-on-year increase of 9%. Coinbase's total revenue in the second quarter of this year was $1.45 billion, a decrease of 11% compared to the previous month. The Montenegrin court paves the way for the extradition of Do Kwon to South Korea. EU regulatory agencies warn of the risks of offshore cryptocurrencies under MiCA regulation. Binance's report shows that the total market value of cryptocurrencies has grown by approximately 44% year-to-date, with Bitcoin's market dominance increasing to over 55%. QCP Capital believes that discussions by US presidential candidates and senators regarding Bitcoin reserves may change the landscape of the cryptocurrency industry