Rhythm Evening News｜A list of important information in the crypto industry on August 21
1. The Bitwise report pointed out that the total number of institutional investors holding Bitcoin ETFs grew by 14% against the trend in the second quarter of this year; 2. Mt. Gox transferred 1,264.69 bitcoins to Bitstamp, worth about $75.36 million; 3. Asset management company Galaxy Digital withdrew 380 bitcoins from Binance; 4. The number of Aave's daily active addresses reached 1,730, a record high in nearly a year. The Aave protocol loaned more than $7.3 billion, with an annualized fee of $302 millio
BlockBeats news, on August 21, Bitwise pointed out in a report that the total number of institutional investors holding Bitcoin ETFs increased by 14% in the second quarter. Although the price of Bitcoin fell by 12% in the second quarter, this did not prevent institutional investors from significantly increasing their allocation to BTC ETFs. Data shows that the speed at which Bitcoin ETFs are adopted by institutions is the fastest of any ETF in history.
The report said that most ETFs will strengthen over time, and the inflow of Bitcoin ETFs is expected to be greater in 2025 than in 2024, and greater in 2026 than in 2025. "These institutions are pouring in, and the scale is getting bigger and bigger."
Mt. Gox transferred 1,264.69 bitcoins to Bitstamp 13 minutes ago
BlockBeats news, on August 21, according to Arkham information, Mt. Gox transferred 1,264.69 bitcoins to Bitstamp 13 minutes ago, worth approximately US$75.36 million.
Galaxy Digital withdraws 380 bitcoins from Binance again
BlockBeats news, on August 21, according to @ai_9684xtpa monitoring, asset management company Galaxy Digital withdrew 380 bitcoins from Binance again two hours ago, worth about 22.58 million US dollars.
In the past two days, Galaxy Digital has allegedly increased its holdings by 1,380 BTC (about 82.59 million US dollars), with an average opening price of 59,852 US dollars.
Data: Aave's daily active address number hit a nearly one-year high yesterday
BlockBeats news, on August 21, according to IntoTheBlock data, the number of Aave daily active addresses reached 1,730 yesterday, a nearly one-year high.
Aave protocol loan amount exceeds US$7.3 billion, exceeding the level in March 2022
BlockBeats news, on August 21, according to Defillama data, Aave protocol loan amount reached US$7.324 billion, which has exceeded the level in March 2022 (US$6.3 billion).
In addition, the annualized fee of the Aave protocol has reached US$302 million, and the annualized revenue has reached US$54.5 million.
AAVE briefly broke through $140, with a 24-hour increase of 8.59%
BlockBeats news, on August 21, according to HTX market information, AAVE briefly broke through $140 and is currently quoted at $139.76, with a 24-hour increase of 8.59%.
BlockBeats news, on August 21, according to CoinGecko data, TRX's transaction volume in the past 24 hours reached US$2.25 billion, second only to mainstream stablecoins such as Bitcoin, Ethereum and USDT.
TRX breaks through $0.16, with a 24-hour increase of more than 12%
BlockBeats news, on August 21, according to HTX market information, TRX broke through $0.16, and is now quoted at $0.16429, with a 24-hour increase of more than 12%.
Web3 game platform GAMEE receives investment from Pantera Capital
BlockBeats reported that on August 21, according to an official announcement, Web3 game platform and Animoca Brands subsidiary GAMEE announced that it had received investment from Pantera Capital.
GAMEE will use the funds to expand its influence on The Open Network (TON) through WatBird, a popular game Telegram Mini App developed by GAMEE that connects and guides Telegram users to Web3 through fun and meme-inspired gameplay.
BlockBeats news, on August 21, SunDog announced the launch of the Tron network trading robot SUNBOT, which has simplified, powerful and extremely fast trading functions, such as allowing users to complete transactions on sunpump.meme and sun.io through the robot.
In addition, the SUNDOG token will be launched on the Gate trading platform at 8 pm Beijing time today.
Tether plans to develop a stablecoin anchored to the UAE fiat currency
BlockBeats reported that on August 21, Tether, the developer of the world's largest stablecoin, said it plans to work with Phoenix Group (PHX), a cryptocurrency group listed in Abu Dhabi, to launch a token pegged to the UAE dirham.
The announcement stated that Tether plans to seek a license for the dirham stablecoin in accordance with the Payment Token Services Regulations announced by the UAE Central Bank in June.
Binance will remove some spot trading pairs such as ARKM/TUSD
BlockBeats news, on August 21, according to the official announcement, based on the recent review results, Binance will remove the following spot trading pairs and stop trading:
August 23, 2024 11:00 (Eastern Time): ARKM/TUSD, CHZ/EUR, ENA/EUR, FIRO/BTC, IOTA/FDUSD, JOE/TRY, OMNI/BNB, REZ/BNB, SUPER/FDUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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