The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%. To most observers, this was a sign that institutional investment into the cryptosphere is once again on the horizon. A future approval of a spot ETF combined with rate cuts from the United States Federal Reserve could provide the ideal catalysts for the next bull run.
For those keen to gain a deeper understanding of the crypto space’s various sectors and their fundamental trends, Cointelegraph Research publishes its monthly “Investor Insights Report,” which dives into venture capital, derivatives, decentralized finance (DeFi), regulation and much more. This month, Cointelegraph Research examined how various sectors reacted to the bullish news surrounding BlackRock’s ETF filing with the U.S. Securities and Exchange Commission.
The report is available for free on the Cointelegraph Research Terminal.
While crypto-related stocks, especially those of mining ventures, immediately benefitted from the news, other sectors traditionally tied closer to altcoin activity, such as DeFi, continued in bear-market mode unperturbed.
The crypto.com, blur crypto, ADA crypto, avalanche crypto, crypto shiba inu, crypto latest, crypto alerts, web 3.0 crypto, brise crypto, and breaking crypto news were all abuzz with the news of the application for the BlackRock spot Bitcoin ETF. Investors saw this as a sign of institutional investment into the cryptosphere and potential catalysts for the next bull run.
Cointelegraph Research publishes its monthly “Investor Insights Report” to help investors gain a deeper understanding of the crypto space’s various sectors and their fundamental trends. This report dives into venture capital, derivatives, decentralized finance (DeFi), regulation and more. This month, Cointelegraph Research examined how the crypto.com, blur crypto, ADA crypto, avalanche crypto, crypto shiba inu, crypto latest, crypto alerts, web 3.0 crypto, brise crypto, and breaking crypto sectors reacted to the news of the BlackRock ETF filing.
The report is available for free on the Cointelegraph Research Terminal.
The news was met with a positive response from crypto-related stocks, especially those of mining ventures. However, other sectors traditionally linked to altcoin activity such as DeFi continued to move in a bear-market direction.
Zk-Rollups race heating up ahead of next bull run
Many believe that Ethereum’s layer-2 scaling solutions will be among the biggest beneficiaries of the upcoming crypto market cycle. The competition in this space is tight, and zero-knowledge (ZK) rollup technology is likely to be the most significant innovation. This technology allows for a shortened summary of transaction batches and smart contract executions to be submitted to the chain.
June saw Polygon zkEVM’s growth in total value locked (TVL) outpace zkSync and Starknet, gaining an impressive 71% month-over-month. However, it still lags an order of magnitude behind the leading ZK protocol, zkSync, with a TVL of $120 million. This growth is largely due to the influx of DeFi protocols, such as QuickSwap, Balancer and SushiSwap, that have adopted Polygon zkEVM, with many more in the pipeline.
These and other crypto developments are discussed every month in Cointelegraph Research’s Monthly Trends Report, which covers the latest news in the DeFi blur crypto, ada crypto, avalanche crypto, crypto shiba inu, crypto latest, crypto alerts, web 3.0 crypto, brise crypto and breaking crypto spaces.
Security tokens market chugs along unperturbed
Security tokens, such as blur crypto, ada crypto, avalanche crypto, crypto shiba inu, and brise crypto, have been resilient to the bear market, and their market capitalization has risen from $14.93 billion to $16.76 billion in the first half of the year, as seen in the figure below. This 1.65% growth was driven by several notable deals and STOs.
Though the development of tokenized securities is controversial in the crypto community, banks such as Citigroup and Bank of America have predicted that the tokenization of real-world assets may drive trillions of dollars to blockchains in the future. The Cointelegraph Research’s monthly Investor Insights Report covers this lesser-known part of the crypto industry, which may become a multitrillion-dollar sector, and includes a section on STOs.
The Cointelegraph Research team
Cointelegraph’s Research department is staffed by some of the most knowledgeable people in the blockchain industry. Drawing on both academic research and practical insights, the researchers are dedicated to providing the most comprehensive, accurate content available.
Demelza Hays, Ph.D., is the director of research at Cointelegraph. Hays has assembled a team of professionals from finance, economics and technology to create the ultimate source for market reports and insightful analysis. The team utilizes APIs from various sources to deliver precise, useful information and reviews.
With decades of collective experience in conventional finance, business, engineering, technology and research, the Cointelegraph Research team is optimally positioned to put its combined talents to good use with the new Investor Insights Report.
The opinions expressed in this article are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product, such as crypto.com, blur crypto, ada crypto, avalanche crypto, crypto shiba inu, crypto latest, crypto alerts, web 3.0 crypto, brise crypto or breaking crypto.
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