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🚀 PolkaDot just raised 3.9k BTC in its Second ever Private Sale 🚚

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Hello Gecko! A few days ago, we talked about the dismal performance of the Institutional Bitcoin derivatives platform Bakkt. Today, it set a new record for trade volume, thanks to Bitcoin's (BTC) price rally. Prior to its launch was heralded to bring forth massive institutional interest in Bitcoin. Evidently, it failed to deliver, proven by this obvious reactionary lag in trade volume behind the price movements of bitcoin. In other news, NEM (XEM) has launched a cryptocurrency-powered social media platform that pays out cryptocurrency as a reward. Dubbed "NEM Hub", users can earn crypto by completing requested tasks, or by producing their own content, such as videos and articles, distributing rewards according to each user's reputation and points. (Editor: Should CoinGecko take a look at NEM Hub?) We hope that the CoinGecko Newsletter serves you well today!

24h Hot searches worldwide 👀 Pluton   (-18.4%) Dev Protocol   (-3.4%) Dether   (-16.9%) Orion Protocol    (-1.2%) Akropolis   (-10.9%) Ampleforth   (-28.6%)   Bitcoin  (+5.5%) Sponsored eToroX is eToro's professional crypto exchange, a trusted and secure crypto trading solution for the institutional-grade trading community. eToroX utilizes the liquidity for which eToro is renowned, with full exposure to the volumes produced by the eToro trading platform. Designed and created with professionals in mind, eToroX serves the first-movers in the corporate crypto space; offering a comprehensive product suite comprising effective, high-quality features for professional and institutional-grade crypto traders, and an end-to-end five-star trading experience. Discover professional crypto services for institutional traders * eToroX is currently not available in the US

Validator Launchpad for Ethereum 2.0 FInal Testnet has been Released The Ethereum 2.0 final testnet will be released on August 4, and in preparation for that, developers have released the validator launchpad.  "We're releasing it now so that you can keep track of, and make deposits into, the upcoming Medalla multi-client testnet," the Ethereum blog mentioned. The testnet will only start if at least 16,384 validators commit a total of 524,288 ETH. (Editor: Are you participating as a validator?) CoinTelegraph When Bitcoin broke $11,000, Bakkt volumes set record high In the last quarter, Bakkt has suffered from poor volumes, with zero options traded last month. However, yesterday's volumes on Bitcoin futures set a record high on the exchange. A whopping 11,500 Bitcoin, or $122 million, was traded on the institutional platform.   Decrypt Polkadot Raises $43M in 72-Hour Private Sale A second private sale of the Polkadot token (DOT) has raised a total of 3,982.07 bitcoin worth an estimated $43.3 million at press time, according to sources. Additionally, the Polkadot community voted to redenominate the smallest subunit of the DOT token, the Planck. Polkadot raised $145 million in 2017, selling 50% of the network's then 10 million DOT. CoinDesk How Big is DeFi? Did you know that total market cap of the entire DeFi ecosystem comes close to $7.8 Billion USD? That is just over 20% of the Ether Market Cap itself! We've made a DeFi dashboard where you can see the latest DeFi stats. Feel free to let us know what you think and share your thoughts and suggestions to us. We've got lots of things planned for this!

Burned Tokens Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable. Example burn addresses include 1BitcoinEaterAddressDontSendf59kuE on Bitcoin or 0x0000000000000000000000000000000000000000 on Ethereum. Learn about other Crypto terms here Read more on CoinGecko

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