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  • Writer's pictureAbi

Daily #Web3 Market

12 Aug 2024



Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said. Read more


Crypto Startup Funding Grows to $2.7B in Q2 Despite Fall in Total Deals

Crypto infrastructure projects led the way in attracting venture capital, with major infra projects raising a combined $685 million in new capital in Q2. Read more


Ether ETF Weekly Flow Hits Positive for the First Time Since Launch

The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5. Read more


Expect Bitcoin ETF Options to Launch Before 2025

You can expect Bitcoin ETF options to begin trading in the United States before 2025. Read more


OpenAI Fears People Will Form Bonds with the AI It Developed to Fool Humans

The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry. Read more


Quantum Computers Are Advancing Much Faster Than Scientists Expected

Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage. Read more


Hong Kong to Enhance Digital Asset Regulation in 18 Months

By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions. Read more


Crypto Trading Volume Up 19% in July After Four-Month Decline: CCData

In July, the crypto markets experienced a major resurgence, marked by substantial trading volume growth and evolving market dynamics. Read more

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