Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1


Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks....

Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches


According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving...

Worldcoin Reports 2M WLD Unlock Daily till 2028; Price Impact


Worldcoin’s price has barely begun recovering, and before the altcoin could reclaim its lost profits, the developers made a major announcement. Could Worldcoin token unlock impact price negatively? Worldcoin’s price is presently trading at $2.56 after a 63% increase throughout June and early July....

$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest


U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with...

Ethereum Rallies Above $3.4K; July Week-3 Price Forecast


In the past few days, Ethereum (ETH) has exhibited solid bullish momentum, with its price stabilizing above the $3,400 mark amid talks of a potential approval of spot Ether ETFs. Essentially, the United States Securities and Exchange Commission is reported to have issued a ‘preliminary...

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