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Express News | Over the past seven days, only eight public blockchains generated fee revenues exceeding $100,000.
On August 16, data from Nansen showed that over the past seven days, only eight public blockchains generated fee revenues exceeding $100,000, with just five surpassing $1 million. The Tron network led with $6.2 million in fee revenue, followed by Solana ($4.29 million), BNB Chain ($3.58 million), Bitcoin ($1.41 million), and the Ethereum network ($1.38 million).
Express News | Bitcoin and Ethereum ETFs recorded net inflows of $1.1 billion last week.
On August 15, DWF Labs analysis indicated that cryptocurrency ETFs achieved their best weekly performance since April. Bitcoin and Ethereum ETFs saw net inflows totaling $1.1 billion last week, with $865 million flowing into Bitcoin ETFs and $243 million into Ethereum ETFs. This stands in sharp contrast to the sluggish performance in July, which saw net inflows of only $520 million. The recent inflows have partially reversed the $8 billion in outflows recorded during May and June, the two worst-performing months since the launch of these products.
Michael Saylor Says Bitcoin Is 'Digital Empowerment' and Will Only Grow Stronger in an AI World
Strategy (NASDAQ:MSTR) Chairman Michael Saylor says Bitcoin (CRYPTO: BTC) could become increasingly important as artificial intelligence and robotics make everyday goods cheaper and more abundant.
Why the World's Second-largest Bitcoin Mining Power Is Shutting Down Rigs in Its Capital City
The Energy Ministry enacted the year-round restriction to mitigate power capacity shortages, as energy-intensive mining facilities continue to strain regional grids.
Clarity Survives (Barely), Strategy Sells and the Untold Story of Mastercard's $1.8 Billion Deal: Crypto's Week in 5 Stories
Washington kept crypto's biggest legislative hope alive, Wall Street pushed deeper into digital assets, and a security scare sent billions of dollars of bitcoin moving between wallets.
The Optimal “AI Bubble Trade”: Going Long on Both “Pride” and “Prejudice”
Bank of America posits that the optimal strategy amid the AI bubble is to simultaneously go long on "arrogance" (AI technology stocks) and "prejudice" (neglected, underperforming assets shunned by the market), while shorting AI-related bonds. Although Bank of America’s Bull & Bear Indicator is in extreme territory, capital is flowing into gold and commodities, with private client equity allocations hitting record highs. Amid debt pressures and yield volatility, avoiding the U.S. dollar and bonds remains the central theme.