ChainCatcher news, Matrixport's latest report indicates that since March 2024, Bitcoin spot ETF buyers have been strictly adhering to a strategy of buying on dips and waiting at highs. As the 13F quarterly reporting period begins today, funds with over $100 million in U.S. stock investments will start to disclose their holdings. We may find that more pension funds and asset management companies have increased their positions in Bitcoin ETFs in the second quarter, which could boost institutional investor confidence.

ChainCatcher news, Ripple CEO Brad Garlinhouse stated that he opposes the U.S. Securities and Exchange Commission (SEC) using Ripple's quarterly market report as evidence against the company in litigation. Garlinhouse pointed out that the report is intended to enhance transparency in the cryptocurrency industry and reiterated the company's commitment to transparency, but hinted that there may be some changes in future reports.

ChainCatcher message, according to the latest second quarter ETF report released by ARK, GBTC is one of the largest contributors to ARKW's success in the second quarter. Other top-performing assets include Tesla, Shopify, Unity Software, and DraftKings. ARKW is one of the leading ETFs operated by ARK, with an increase of about 50% as of June 30.Nearly 20% of ARKW's asset allocation is related to cloud computing, approximately 19% is related to blockchain, with Coinbase being the largest allocated asset at nearly 9%, Tesla at 7.6%, and GBTC at 7.4%.

ChainCatcher news, Tether announced on its official blog that according to the terms of the 2021 settlement agreement, Tether is required to report its stablecoin reserves to the New York Attorney General's Office every quarter within two years. CoinDesk is seeking public disclosure of materials related to Tether's first quarterly report under the Freedom of Information Law, and on the morning of the 15th local time, the New York Attorney General's Office provided response documents to CoinDesk. Tether pointed out that the attacks on USDT through DeFi and CEX today coincidentally occurred on the same day the materials were handed over to CoinDesk.In addition, the materials obtained by CoinDesk are outdated and do not accurately reflect its reserve status, while calling on CoinDesk to set aside bias and not leak its client information. Furthermore, Tether is monitoring the USDT market and looking for signs of manipulation attempting to create panic when CoinDesk decides to publish any information regarding this matter. (Source link)

ChainCatcher message, Bitget announced that it will regularly release transparency reports, adhering to the principles of openness, customer-centricity, and long-termism. The report disclosed a series of relevant data. In terms of security construction, Bitget's reserve ratio increased from 223% on December 20, 2022, to 246% on April 3, 2023, and the value of the Bitget protection fund rose from $300 million at its inception to $380 million.According to the data, the total trading volume in Bitget's spot and futures markets reached $59 billion and $658 billion, respectively, with spot trading growing by 8% quarter-on-quarter and futures trading growing by 27%. The number of BGB holders increased by 146% within three months. In the first quarter of 2023, users generated a total profit of $41 million through copy trading on Bitget.According to data from TokenInsight, Bitget ranked 4th in TokenInsight's exchange rankings, with BGB increasing by as much as 120% in the first quarter of 2023, outperforming Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), as well as all other exchange platform tokens. (Source link)

ChainCatcher news, Ripple released its Q1 2023 report indicating that the total sales of XRP (net of purchases) for the quarter were $360 million, compared to $226 million in the previous quarter; on-chain activity on the XRP Ledger remains strong, with decentralized trading volume increasing by 34% to $115 million in Q1 2023 compared to Q4 2022.In addition, regarding the update on the SEC lawsuit against Ripple, Ripple expects a summary judgment to be made in 2023, but the specific timing ultimately depends on the court. (source link)

ChainCatcher news, Ripple released its Q4 2022 market report. The data shows that Ripple sold $226 million worth of XRP tokens in the fourth quarter (net of purchases), compared to $310 million worth of Ripple tokens sold in the third quarter. The XRP spot market experienced an overall downward trend, with an average daily trading volume of approximately $700 million, down from $1.1 billion in Q1 2022.Ripple-supported cryptocurrency's On-Demand Liquidity (ODL) cross-border payment solution has now launched in nearly 40 payment markets, including France and Sweden, compared to only 3 markets in 2020. Additionally, Ripple and Peersyst have released the first phase of the Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger (XRPL) on Devnet, enabling DeFi applications like Uniswap, Aave, and Compound to launch on XRPL. (Source link)

ChainCatcher news, according to Messari's latest report "Avalanche Q3 2022," the network value of Avalanche has only increased by 3.3%, while its total revenue has decreased by 94.1%. Although the network's integration with platforms like Core, THORChain, and Boba Network shows higher actual usage rates, Avalanche's daily transaction volume and transaction fees have decreased by 65.5% and 76.2%, respectively.Similarly, the Avalanche DeFi incentive program Avalanche Rush has also been declining, with its TVL losing about 27% in both USD and AVAX quarter-over-quarter (QoQ). Besides DeFi, the Avalanche NFT market is also in poor condition, with NFT sales and the number of unique buyer addresses decreasing by over 88% and 34%, respectively. However, according to data provided by Messari, the number of unique sellers has increased by 25%. The average daily active addresses are 38,000, down from an average of 63,000 in the second quarter. (source link)

Chain Catcher News, the crypto analysis platform Messari recently released the Polkadot Q3 report, indicating that the network has seen some declines in key ecosystem metrics, but its fundamental indicators, such as the number of validators, nominators, and staking ratio, have remained stable over the past 90 days.Specifically, Polkadot's revenue continued to decline in Q3, with total revenue of $115,326, a 47% decrease quarter-over-quarter; active addresses also saw a significant drop, with only 139,419 active accounts on Polkadot in Q3, a 40% decrease quarter-over-quarter.In addition, the Messari report also noted that since the beginning of this year, the total staking volume of DOT on the network has remained unchanged, with the ratio consistently between 54% and 59% over the first three quarters. (Source link)