Luka
@lukat
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Luka
@lukat
On Tuesday, September 3, $287.78 million was withdrawn from American spot bitcoin funds, which was the largest net outflow since May 1, 2024. Investors withdrew the most funds from FBTC from Fidelity - more than $162.26 million. In second place in terms of net outflow was the GBTC exchange fund from Grayscale, which lost $50.39 million on Tuesday. ARKB, a joint bitcoin ETF from ARK Invest by Katie Wood and 21Shares, announced that $33.6 million was withdrawn from it. BITB from Bitwise recorded a net outflow of $24.96 million. The IBIT fund from BlackRock showed zero capital inflow.
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Luka
@lukat
According to the Coin Metrics Network analytical platform, the supply of stablecoins in the Tron blockchain reached $61.1 billion. This is 37.9% of the total market share of stablecoins, the total market capitalization of which is $161.1 billion. For comparison, a year ago, Tron's share was $46.6 billion. However, Tron still lags far behind the Ethereum network, which leads the stablecoin market with an offer of $89.7 billion. This is equal to 55.7% of the total.
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Luka
@lukat
Bybit, one of the largest centralized exchanges (CEX), announced the termination of operations in France, citing recent changes in legislation. Since August 2, local customer accounts have been transferred to a special mode that does not allow you to open new positions or deposit funds through Bybit services and products.
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Luka
@lukat
Ethereum is the second largest cryptocurrency in the world by market capitalization, after Bitcoin. This suggests that Ethereum is already an established and significant system with a large community of developers and investors. Ethereum is also the basis for many other cryptocurrencies and decentralized projects, making it a key part of the cryptocurrency world.
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Luka
@lukat
Several main areas in which cryptocurrencies can be applied: 1. Medium of exchange: Cryptocurrencies can be used for financial transactions, including international ones, without the need for intermediaries such as banks. This can be especially useful in countries with limited access to banking services. 2. Investments: Many people use cryptocurrencies as a form of investment, hoping to increase their value over time. This may include both short-term speculative operations and long-term investments. 3. Smart contracts and decentralized applications: Some cryptocurrencies, such as Ethereum, support smart contracts that allow you to create decentralized applications (DApps) for various purposes, including financial services, games, identification and more.
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Luka
@lukat
Prize pools at major eSports tournaments can reach multi-million dollar amounts. For example, The International Dota 2 tournament is known for its huge prize pools, which in some years exceeded $30 million. This makes eSports one of the most lucrative industries in the entertainment world, attracting the attention of both players and viewers from all over the world.
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Luka
@lukat
The origins of eSports. One of the first major eSports competitions was the Cyberathlete Professional League tournament, which took place in 1997 in the USA. This tournament brought together the best Quake players and became the starting point for the development of professional e-sports.
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