TLDR
During the week, significant discussions revolved around advancements in the Ethereum ecosystem, Bitcoin markets, and real-world asset tokenization. The Ethereum Foundation announced recipients for academic grants, and Bitcoin experienced market shifts due to macroeconomic factors. Additionally, real-world asset tokenization is gaining traction with substantial institutional interest.
Feed
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Ethereum’s 2024 Academic Grants: The Ethereum Foundation awarded grants to 41 projects worldwide, supporting developments in cryptography and security.
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Ondo Finance’s Edge in RWA Market: Ondo leads the $60B real-world asset market with its tokenized treasury services, gaining the trust of institutions like BlackRock and PayPal.
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US Fed’s Impact on Bitcoin ETFs: The Fed’s hawkish stance has led to outflows from Bitcoin ETFs, while MicroStrategy continues accumulating Bitcoin.
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Parsec Weekly #102 Highlights: Abstract is building a user-friendly blockchain ecosystem, leveraging the Pudgy Penguins community for crypto mainstream adoption.
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RWAfi Revolutionizing $30T Market: Plume’s blockchain focuses on real-world asset tokenization with strong institutional support and innovative tools.
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Bitcoin’s Critical Support Tested: Despite entering a correction, Bitcoin maintains a bullish structure staying above key support levels.
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Bitcoin On-Chain Activity Signals: On-chain indicators suggest a potential top, affecting market expectations after the December FOMC meeting.
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Macro Pulse Update: Highlights include a potential Bitcoin supply shock and the resilience of the US labor market amid shifting macro dynamics.