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DeFi

🚀 RWAs offer concrete gains

CoinFlix Staff

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🪂EigenLayer Airdrop Claims Go Live

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GM Challengers!

Institutions remain bullish on cryptocurrencies ahead of the planned launch of Ethereum spot ETFs next week. Bitcoin spot ETFs saw their largest daily inflow in 30 days, with $422 million pouring into the sector in one day.

Arca jumps on the tokenized treasury fund bandwagon. The digital asset investment manager is launching tokenized shares in the Arca US Treasury Fund in partnership with Securitize. The move comes as a growing number of traditional institutions explore the tokenization of real-world assets, including Goldman Sachs.

Grayscale is looking to support the booming web3 AI industry. Grayscale has unveiled a decentralized AI fund offering exposure to five cryptocurrencies positioned at the forefront of the sector.

Additionally, Hermetica launched a BTC-backed stablecoin on Bitcoin, StarkWare validates zero-knowledge proof on Bitcoin testnet, Veda unlocks multi-chain yield for DeFi protocols, and Trump plans to launch a fourth NFT collection.

✍️ In today’s newsletter:

  • Bitcoin Spot ETF Inflows Drive Cryptocurrency Markets
  • Arca Tokenizes Shares of US Treasury Fund
  • On-chain RWAs are about to increase
  • Grayscale Unveils Decentralized AI Fund
  • Hermetica Launches Ethena-Inspired Bitcoin Stablecoin
  • StarkWare Wants to Bring Zero Knowledge to Bitcoin
  • Veda Deploys Multi-Chain Yield Infrastructure
  • Trump announces the arrival of a fourth NFT collection

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📈 Markets in the last 24 hours:

🎬WATCH

Discover our interview with Jeremy AllaireTHE Co-founder and CEO of Circleto learn more about The USD Coin Ecosystem. Catch up with our conversation with Chris Bradbury, the CEO of Summer.fito learn more about the new features of the project points campaign. Also, check out our explanatory dive into passive income strategies using DeFi protocols 👀

THANKS TO OUR NEWSLETTER SPONSORS

| NEWSLETTER CONTINUES BELOW |

the-defiant

Stellar enables builders to unleash human and economic potential. Discover the new Stellar smart contract platform, Sorobandesigned for scale and sensitivity.

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PayPal stablecoin PYUSD is live on Solana. PayPal has over two decades of experience in payments and now enables low-cost, high-speed Web3 payments with the launch of PYUSD on Solana. Learn more about PYUSDon Solana and start building the future of payments.

PayPal, Inc. is licensed to conduct virtual currency business activities by the New York State Department of Financial Services.

📈Cryptocurrency Markets Recover as Bitcoin Spot ETFs Attract Strong Flows

the-defiant

Digital assets continue posting bullish dynamicswith Bitcoin up 3%, Ethereum up 2% and Polkadot up 4%. The move coincides with spot Bitcoin ETFs hosting daily inflows of $422 million.

💵Arca taps Securitize to list tokenized US Treasury fund

Arca seeks to capitalize on increasing adoption of Treasury assets on chain by partnering with Securitize to tokenize actions in the US Treasury Arca FundThe news comes as tokenized Treasuries have grew 140% to $1.86 billion by 2024 So far, Securitize is also facilitating access to BlackRock’s booming BUIDL fund.

👀Real-World Assets Sector Outperforms on Growing TradFi Tokenization Effort

Tokenization of real-world assets is poised for explosive growth. Goldman Sachs said he plans to launch three tokenization projects before the end of the year, while MakerDAO is ready to inject 1 billion dollars in the area.

🤖Grayscale Launches Decentralized AI Fund

Shades of grey$17 billion digital asset investment manager launches on Web3 The AI ​​Train. Grayscale has launched a new fund offer exposure to five web3 projects positioning itself at the forefront of decentralized AI, covering Near, Filecoin, Livepper, Bittensor and Render.

SPONSORED ARTICLE

the-defiant

zkCheck is a dedicated zero-knowledge proof verification network designed for settlement optimization, built by Horizen Labs.

zkVerify is uniquely designed as the first modular solution for the settlement layer that reduces security costs by decoupling proof verification from settlement to L1.

Horizen Labs estimates that $47 million will be spent on proof verification in 2023 for zkrollups on Ethereum alone, and industry research predicts that zk proof generation will become a $10 billion market by 2030. zkVerify removes the cost and complexity of computationally intensive proof verification for developers building with zkrollups. Initially, zkVerify can be used to verify proofs on Ethereum and Bitcoin with a cost reduction of over 90%, and will quickly expand to support multiple blockchain architectures.

LEARN MORE: WHAT IS ZKVERIFY

💲Hermetica Launches Bitcoin-Backed Synthetic Dollar

Hermetica has launched a BTC-backed stablecoin on the Bitcoin Network. USDh is inspired by Ethena’s USDe stablecoin, offering a 12% yield from funding accrued fees Since Short positions on BTC covered against Bitcoin cash holdings.

👨‍💻StarkWare Verifies Zero-Knowledge Proof on Bitcoin Testnet

StarkWare checked the first zero-knowledge proof on a Bitcoin Test Network using its new STARK verifier. This important step was made possible thanks to OP_CATa controversial code base abandoned by Satoshi Nakamoto currently being explored on the Bitcoin Signet testnet.

⬆️Veda Introduces Multi-Chain Yield Infrastructure After TVL Surpasses $1 Billion

Vedaa performance abstraction layer, claims to have Pioneering infrastructures allow DeFi Protocols has source yields Since multiple networks simultaneouslyThis decision comes less than a week after that of Veda TVL broken more than a billion dollars less than four months after its launch.

🆕Trump to launch fourth NFT collection because ‘people want it’

Former US President and Republican presidential candidate Donald Trump is considering launching a Fourth Series of NFT Trading Cards despite the pPrevious collections have performed poorly in secondary markets. In an interview with Bloomberg, Trump also reiterated his desire to see the UNITED STATES has leading the global web3 industrywarning that China is well positioned to dominate the sector.

🌍 SOMEWHERE ELSE

  • ‘It’s a Bitcoin game’: Mark Cuban says Silicon Valley’s embrace of Trump revolves around cryptocurrency (CoinDesk)
  • Hong Kong Monetary Authority unveils new regulations for fiat-pegged stablecoins (CoinGape)
  • Staking and In-Kind Redemptions for Crypto ETFs May Be Reconsidered, SEC Commissioner Says (CryptoSlate)
  • LI.FI lost over $10 million through wallets with infinite approval settings (Crypto Unleashed)

🔥TREND

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We are the editorial team of CoinFlix, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on CoinFlix, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

CoinFlix Staff

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If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

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DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

CoinFlix Staff

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Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

Don’t miss a thing – Subscribe to receive email alerts directly to your inbox

Check Price action

follow us on X, Facebook And Telegram

Surf The Daily Hodl Mix

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/ktsdesign



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DeFi

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

CoinFlix Staff

Published

on

Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong

Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.

Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.

According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.

“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.

I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.

The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.

“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”

I expect them to launch actively managed crypto ETFs [in the] coming years. ”

Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.

“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.

Chasing mass adoption of normies may be chasing the wrong Grail from the start.

Don’t miss a thing – Subscribe to receive email alerts directly to your inbox

Check Price action

follow us on X, Facebook And Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/ktsdesign



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DeFi

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

CoinFlix Staff

Published

on

If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation

Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.

The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.

Bonk remains strong despite market fluctuations

While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.

Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.

Pepe should see a big rise in the next bull run

Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.

Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.

In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.

Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4

Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.

With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.

Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.

The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.

RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Social networks: https://linktr.ee/rollblockcasino

No spam, no lies, only insights. You can unsubscribe at any time.

Fuente

Continue Reading

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