In the past 24 hours, BTC briefly broke through $61,000. The increase in U.S. producer prices in July was lower than expected, and the PPI in July was the same as the previous month.

Solana ecosystem DePIN project Andrena completed US$18 million in financing.

Stablecoins are the foundation of the cryptocurrency industry, mainly used for large-scale payments and promoting industry popularization. As of July 30, 2024, the total market value of stablecoins is US$168 billion, of which USDT and USDC account for about 90%. Tether and Circle generated more than US$10 billion in revenue in 2023. Decentralized stablecoin projects continue to emerge, aiming to break this monopoly. usual.money introduces U.S. Treasury bonds as collateral, combined with Ethereum smart contracts, to provide transparency and security. Usual Labs completed US$7 million in financing in April 2024 and announced the launch of the mainnet in July.

Each ZIRC token is fully backed and redeemable for one carat of blue zircon.

The next decade of consumer crypto promises to permeate every aspect of culture, from sports and politics to entertainment and health.

RWA will build an advanced form of the financial system.

Blockchain data provider Allium Labs announced the completion of a $16.5 million Series A financing round.

With the continuous advancement of technology and the continuous maturity of the market, RWA is expected to become an important driving force for the future financial market and promote the further integration and development of the global economy.

The asset tokenization market is expected to reach $10 trillion by 2030.

While challenges remain, the first wave of tokenization is already here.

High-quality in-depth analysis articles and a weekly cram session on hot topics.

For traditional financial institutions, RWA is a game of good money driving out bad money.

Big things are on the way, will RWA take over the next wealth code?

“2024 is the first year that the integration of RWA and DeFi will begin, and the real application moment of RWA is coming.”

There is no doubt that Meme coin has been the most profitable track since 2024, with the highest average return rate reaching 2405.1%.

BTC spot ETF continued to experience net outflows, BTC fell below $63,000, ETH on-chain gas fell to 1-2gwei, altcoins plummeted, on-chain activity and market sentiment fell to freezing point, and Ton ecological tokens performed relatively strongly.