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Polkadot's mid-year 2024 report reveals operational expenses totaling $87 million, with $37 million allocated to marketing efforts. Polkadot Criticized for Heavy Spending on Marketing With Little Effect. Image: Polkadot The Polkadot (DOT) community is currently debating the latest operational report for the first half of 2024, which saw
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Investors have withdrawn $61 million from Ethereum Exchange Traded Products (ETPs) in the final week of June 2024, bringing the total outflow over the past two weeks to $119 million. Ethereum with coins faded backgroundETP Ethereum Sees Largest Outflow Since 2022 According to CoinShares' weekly analysis, investors pulled $61
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More than 50 projects are scheduled to unlock tokens in July 2024, totaling up to $800 million in value. Notable Token Unlock Events in July 2024. Image: CoinDesk According to Coin68's compilation, the cryptocurrency industry is set to unlock over $800 million worth of tokens next month. Most
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Layer-2 platform on Ethereum, Blast, has confirmed the token airdrop timing for community users at 09:00 PM on May 26th (Vietnam time). Blast Announces Tokenomics, Airdrop Scheduled for 9 PM Tonight After a missed appointment in mid-May, today on June 26, 2024, Blast, the Layer-2 blockchain built on Optimistic
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The crypto market in the first half of 2024 has witnessed GameFi, DeFi, and Layer-2 sectors slightly lagging behind emerging segments and the frenzy surrounding memecoins. Which crypto segment has been the most profitable in the first half of 2024? Image: GN Crypto Profitable Crypto Segments for Investors As we
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US Bitcoin spot ETFs recorded a total inflow of $31 million on June 25, marking the first day of positive cash flow after 7 consecutive days of outflow. Bitcoin Spot ETFs See First Positive Cash Flow After 7-Day Outflow After several days of grappling with a barrage of bad news
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The Dencun upgrade is blamed for driving Ethereum deep into prolonged inflation post The Merge in 2022. Ethereum (ETH) Returns to Inflation in the Past 73 Days. Image: Newsbit As reported by Coin68, Ethereum's supply has been steadily increasing since mid-April, as transaction fees burned dwindled post the
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The world's largest cryptocurrency, Bitcoin, has dropped to its lowest level since late April, facing significant selling pressure from whales. Bitcoin Plunges to Lowest Level in 1.5 Months at $58,400. Image: Bitcoinist Last night and early this morning on June 25, Bitcoin (BTC) continued its deep
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ZKsync's second airdrop announcement has failed to halt the current decline of ZK, the Layer-2 project on Ethereum that recently launched its token mid-June. ZKsync Announces Second Airdrop - FDV Plummets by 40%. Image: Tariz ZKsync Announces Second Airdrop Last night, ZK Nation - the DAO governing body
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ZKsync has announced a new roadmap, ZKsync 3.0, focusing on the Elastic Chain solution - consolidating all chains into one, similar to Polygon's AggLayer solution. ZKsync Unveils ZKsync 3.0 Roadmap, Introduces Elastic Chain Competing with Polygon AggLayer ZKsync introduces 'elastic chain' architecture as part
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Ethereum's gas fees and Bitcoin miners' revenue both dropped to multi-year lows over the past weekend. Ethereum Gas Fees and Bitcoin Mining Revenue Plummet to Multi-Year Lows Ethereum transaction costs reach lowest in 4 years According to data from Etherscan, the average gas price of Ethereum on
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Bitcoin has formed a double top pattern, signaling a potential downtrend with analysts predicting a decline towards $50,000. Bitcoin Forms Double Top Pattern, Likely to Drop to $50,000? The cryptocurrency market at the beginning of the week on June 24 continues to face significant selling pressure, with Bitcoin