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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
19:50
Trump says ships are passing through the Strait of Hormuz
The Strait of Hormuz, as a globally critical oil transport route, has always had a decisive impact on the stability of the international energy market, and its maritime status is consistently under close scrutiny from the international community.
19:39
According to sources familiar with the matter, Starbucks recently underwent a round of workforce reduction, cutting around 60 positions at its Hong Kong office and approximately 120 positions at its London office.
This adjustment is seen as part of the global coffee chain giant's effort to optimize its global operating structure and improve efficiency. The company stated that this is a regular part of its ongoing evaluation and adjustment of operations to support its long-term growth strategy, aiming to reallocate resources to key growth areas. Despite the personnel changes, Starbucks reaffirmed its unchanged commitment to the relevant markets and will continue to focus on providing a high-quality experience for customers. Market analysts believe this move reflects the dining and retail industry's increasing focus on streamlining operations and enhancing efficiency when faced with cost pressures and growth challenges.
19:23
According to relevant sources, a very large oil tanker is once again sailing from the Persian Gulf towards the Strait of Hormuz after a brief course adjustment.
Tanker tracking data shows that the Desh Vibhor, which had previously appeared to be planning to sail along the southern route recommended by the US military, has now switched to a more northern route, heading towards the Iranian coastline. This super tanker previously performed a turning maneuver, and later adjusted its course again to resume its journey toward the Strait of Hormuz.After the US and Iran signed a temporary peace agreement this Wednesday, the international crude oil market has been closely monitoring the dynamics of oil transportation through the Strait of Hormuz. Although the two countries have reached an agreement, Iran has stated publicly that any vessel without Iranian permission is still prohibited from passing through this waterway.
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