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Web3 Users Surge by 40%, Reaching Historic High in Q2
Web3 Users Surge by 40%, Reaching Historic High in Q2

DappRadar warned that the surge in dUAW may be unsustainable, attributing part of the growth to “airdrop farming” activities.

Cryptopotato·2024/07/06 22:13
QCP Capital Predicts ‘Subdued’ Bitcoin Performance As Mt. Gox Payouts Loom
QCP Capital Predicts ‘Subdued’ Bitcoin Performance As Mt. Gox Payouts Loom

Bitcoin is expected to witness a Q3 lull due to uncertainty over Mt. Gox repayment impact.

Cryptopotato·2024/07/06 16:55
Bitcoin ETFs score highest net inflows in 30 days amid volatility from Mt. Gox unlocks
Bitcoin ETFs score highest net inflows in 30 days amid volatility from Mt. Gox unlocks

After two consecutive trading days of net outflows, US-based spot bitcoin ETFs on July 5 saw the largest net inflows since June 6, thirty days ago, largely led by gains to Fidelity’s FBTC fund, Coinglass data shows.“The outlook for Bitcoin has never been stronger,” Bitwise’s CEO posted on X.

The Block·2024/07/06 16:31
Spot Ethereum ETFs will attract 25% more US investors: Grayscale
Spot Ethereum ETFs will attract 25% more US investors: Grayscale

Share link:In this post: Grayscale’s survey shows a 25% increase in US investor interest in Ethereum if a spot ETF is approved. Inflation and financial stability are driving increased interest in cryptocurrencies, especially among younger and minority groups. Cryptocurrencies have bipartisan support, with both Republicans and Democrats showing similar ownership rates and interest.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based

Cryptopolitan·2024/07/06 15:16
Flash
23:10
Ciena reports revenue of $1.57 billion for the second fiscal quarter, a 40% year-on-year increase.
Adjusted earnings per share (EPS) for the second fiscal quarter was $1.64, a year-on-year increase of 290%. The full-year revenue forecast has been raised to $6.3 billion +/- $100 million, with the median of the year-on-year growth guidance range at 32%. Third fiscal quarter revenue is expected to be $1.625 billion +/- $50 million.Related article: High expectations overwhelm optical communications star? Ciena’s last quarter delivers strong results exceeding expectations, raises full-year guidance, yet stock still drops over 10% | Earnings Report Insights
23:07
Eric Balchunas: bitcoin needs to reshape its narrative for dissemination
According to Odaily, Bitcoin News posted on the X platform that Eric Balchunas from Bloomberg stated that Bitcoin needs to reshape its communication narrative by reducing expressions like “the baby boomer generation will be the buyers,” and instead emphasize more that Bitcoin is the best tool to hedge against fiat currency depreciation.
23:05
The United States announces that the ANTERES micro nuclear reactor has successfully reached a "critical" state.
The US Department of Energy stated in a press release that a microreactor developed by Antares Nuclear Inc., which is participating in a Department of Energy pilot program, has reached a “critical” state. This milestone signifies that a nuclear chain reaction has successfully achieved self-sustaining status, with sufficient intensity to generate a stable release of energy.
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