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Is This the End for Starknet? DeFi Project Shuts Down

Starknet-based ZKX protocol shutters, blaming lack of users

The protocol's founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector.

SEC likely still believes SOL is a security, say crypto execs

Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet.

📉 Grayscale is facing massive outflows!

Over $20 billion has left its Bitcoin and Ether ETFs since launch, with GBTC losing $18.86 billion and ETHE shedding $1.72 billion in just five days.

Meanwhile, other Bitcoin ETFs, like BlackRock’s iShares, are holding steady.

🔒 Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

Despite receiving nearly $4 billion worth of Bitcoin, these creditors are not flooding the market. This cautious approach comes even as Bitcoin's value has surged by over 8,500% since the exchange's collapse.

With the Mt. Gox distribution complete, the current trend shows investors shifting back to "hodling," reflecting a broader trend of long-term commitment in the crypto market. 💎

🔥 New #Solana 💰 protocol “DUMPY[DOT]FUN” launched, enabling traders to short memecoins.


🇺🇸 Spot ETF Flow for 30.07.2024

💰 BTC : -$18.3M

🔵 ETH : $33.7M 🔥

💰 Bitcoin ETF Inflow : 2024-07-30

#IBIT : $74.9M
#FBTC : -$2.9M
#BITB : -$3.2M
#ARKB : -$7.9M
#BTCO : $0.0K
#EZBC : $0.0K
#BRRR : $0.0K
#HODL : -$5.6M
#BTCW : $0.0K
#GBTC : -$73.6M

📊 Net Inflow : -$18.3M

⚡ 7-day Avg : $90.8M


🇺🇸 US Senator Bill Hagerty on #Bitcoin: "We need to make certain that it happens here in America.".

🚨🚨 Israel officially launches attack in Lebanon's capital city Beirut.

🚨🚨🚨 $135.0M Liquidated in last 24 Hrs.

Long Liquidation : $109.7M 📈

Short Liquidation : $25.3M 📉

📊 High Liquidations : (Binance)

Longs : BTC $12.6M, ETH $7.3M, SOL $3.0M, DOGE $777.0K

Shorts : ETH $3.7M, BTC $2.9M, SOL $936.0K, BOME $754.0K
#cryptonews
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Quant Algorithm Trader | Dynamic DCA #MemeStonks #Bybit #Bitcoin Copytrade here https://linktr.ee/David900924
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