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A recent update from Eigen Labs revealed that it would introduce Permissionless Token Support on EigenLayer. The feature will enable actively validated services (AVSs) to add ERC-20 tokens as restaked assets permissionless-ly. The Permissionless Token Support will also enable AVSs to improve their cryptoeconomic security.
Share link:In this post: Over 40% of asset managers put more money into Bitcoin ETFs in Q2 2024. Bitwise found that around 66% of big investors kept or added to their Bitcoin investments through spot ETFs in the US during the second quarter. ETFs offer institutional investors a regulated and secure method to include Bitcoin in their portfolios.
X removed Arora’s main account for violating the site’s policies but he has been promoting a new one through his Telegram channel.
Hougan’s analysis shows 44% of institutional investors increased Bitcoin ETF holdings in Q2, with 22% maintaining their positions.
Privacy-focused cryptocurrency Zcash topped the crypto charts recently. But that’s no surprise because of these two main reasons.
- 16:46IKUN Market Cap Briefly Surpasses $10 Million, 24H Increase Approximately 1750 TimesAccording to gmgn data, the market value of IKUN briefly surpassed 10 million USD, currently reported at 0.01 USD, with a 24H increase of approximately 1750 times.
- 16:38Federal Reserve Governor Kugler: Policy Stance Still Capable of Addressing Any Future Economic ChangesFederal Reserve Governor Kugler stated that after last week's decision to keep interest rates unchanged, the Fed's policy stance remains well-positioned to address any changes in the future economic context. Due to new tariffs, the economic outlook has become "more uncertain," and this year's economic growth may be slower than last year, but "the latest data shows the economy is resilient." I believe our current monetary policy stance is in a favorable position to respond to any changes in the macroeconomic environment.
- 16:35Tether: USDT Market Cap Surpasses $150 BillionTether posted on platform X stating that the market capitalization of the stablecoin USDT has surpassed $150 billion. Tether was founded in 2014, not only launching USDT but also initiating the entire stablecoin industry. Today, USDT has gained the trust of over 400 million people and is driving the development of the digital economy.