Today's News‼️
🔴 Despite subdued sentiment in the cryptocurrency market, institutional tokenization continues to gain momentum. J.P. Morgan has tokenized nearly $900 million worth of assets on the Ethereum blockchain;
🔴 Regional bank opposition stalled the CLARITY Act (a bill to structure the crypto market) in the Senate, marking the industry's biggest political defeat in two years - Punchbowl News;
🔴 The Solana blockchain leads all blockchains with approximately 6.0 million monthly USDC users;
🔴 The number of active traders trading perpetual contracts on the Hyperliquid platform has reached 263,411;
🔴 Coinbase CEO Brian Armstrong stated that cryptocurrency hasn't received enough credit for improving financial access worldwide;
🔴 The NYSE is developing a platform for blockchain-based settlement of tokenized securities trades, the exchange's president announced;
🔴 According to SimilarWeb, aggregate web traffic to cryptocurrency exchanges grew by 5% in July;
🔴 In July, monthly real asset trading volume (RWA) on decentralized exchanges with perpetual contracts reached a record high of $141 billion, up 19.5% from the previous month;
🔴 The leveraged ETF boom is fueling intraday strategies on Wall Street based on market momentum.
Wishing everyone profits✊️
🔴 Despite subdued sentiment in the cryptocurrency market, institutional tokenization continues to gain momentum. J.P. Morgan has tokenized nearly $900 million worth of assets on the Ethereum blockchain;
🔴 Regional bank opposition stalled the CLARITY Act (a bill to structure the crypto market) in the Senate, marking the industry's biggest political defeat in two years - Punchbowl News;
🔴 The Solana blockchain leads all blockchains with approximately 6.0 million monthly USDC users;
🔴 The number of active traders trading perpetual contracts on the Hyperliquid platform has reached 263,411;
🔴 Coinbase CEO Brian Armstrong stated that cryptocurrency hasn't received enough credit for improving financial access worldwide;
🔴 The NYSE is developing a platform for blockchain-based settlement of tokenized securities trades, the exchange's president announced;
🔴 According to SimilarWeb, aggregate web traffic to cryptocurrency exchanges grew by 5% in July;
🔴 In July, monthly real asset trading volume (RWA) on decentralized exchanges with perpetual contracts reached a record high of $141 billion, up 19.5% from the previous month;
🔴 The leveraged ETF boom is fueling intraday strategies on Wall Street based on market momentum.
Wishing everyone profits✊️