🌎 CRYPTO CLASS HQ - PROFESSOR CRYPTO
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📢 Ethereum Institutional has completed its initial ecosystem funding round, securing backing from more than 100 participants across the Ethereum ecosystem.
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📢 Digital Currency Group (DCG) has urged U.S. Senate leaders to approve the CLARITY Act, calling for clear crypto regulations instead of regulation through enforcement.
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📢 According to CryptoRank, crypto venture capital activity has dropped to its lowest level since November 2020, with just 150 unique funds participating in funding rounds this month.
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📢 According to River, Bitcoin bear markets have historically lasted an average of 383 days.
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📢 According to a16z, the average startup founder is getting younger, while the average founder of a unicorn company is getting older.
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📢 Jack Dorsey's Block has urged U.S. Senate leaders to bring the CLARITY Act to a floor vote, calling for clear crypto regulations and stronger legal protections for developers and self-custody.
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📢 According to RWA.xyz, the number of tokenized equity holders has climbed to a record 759,000, rising 92% over the past 30 days and 522% year-to-date.
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📢 U.S. publicly held debt has exceeded 100% of GDP for the first time since World War II.
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📢 According to Arkham, the Lazarus Group transferred 121.5 $BTC, worth approximately $7.74 million, in its latest on-chain move.
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📢 According to Eleanor Mueller, the Major Cities Chiefs Association has endorsed the latest draft of the Senate's CLARITY Act.
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📢 According to Token Terminal, Aave accounts for 47.8% of all active on-chain loans.
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📢 According to a CryptoQuant analyst, Bybit traders are increasingly taking aggressive long positions, with the exchange's Taker Buy/Sell Ratio climbing to 20.86.
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📢 Block's Max Guise said the team traced the Coldcard wallet drains to a flaw in the random number generator affecting Mk2 through Mk5 devices, urging impacted users to move their funds to a new, unaffected wallet as soon as possible.
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📢 Eurozone inflation increased to 2.9% in July from 2.8%, driven by rising energy costs as oil prices climbed.
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📢 According to Onchain Lens, 500 $BTC worth approximately $31.9 million was transferred to Binance today.
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📢 According to Glassnode, Bitcoin's current bear market has seen a 49% drawdown, making it the mildest bear market on record by that measure.
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📢 Stablecoins only become much more efficient, according to the Bank of Italy, when there is no need to convert back to currency.
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📢 About 10–23% of blocks now surpass the previous 60M CU threshold every hour after Solana raised the per-block compute limit from 60M to 100M CUs.
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📢 According to Strategy, it has issued 300 times more STRC than it has repurchased, while buying 48 times more Bitcoin than it has sold so far this year.
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