š š„³š„³$ETH Ethereum turns 10 years old and launches a commemorative NFT: "The Torch"
š£ The network celebrates its first decade with a symbolic piece š„ Represents the evolution of the community since 2015 š¼ļø Available on the Ethereum base network, part of a special campaign
š Technical signals and on-chain data indicate a new momentum š¦ Institutional interest is growing and balances on exchanges are decreasing š The ecosystem is activating after months of consolidation
š¦ Strategy buys $739 million in Bitcoin and continues to increase its reserves
š The firm led by Michael Saylor reaffirms its accumulation strategy š° It already controls more than 3% of the circulating BTC š Strong institutional signal amid macro uncertainty
šøš¬ Can the Singapore dollar become the new global safe haven?
š Amid geopolitical tensions and doubts about the US dollar, the SGD is gaining prominence. š Regional strength, firm monetary policy, and macro stability are attracting more investors' attention. š¼ Singapore is already acting as a key financial hub between East and West.
š Read the full analysis: https://cutt.ly/xrPtTIV1
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āļø The 5 key news stories of the week in Bitcoin mining:
1ļøā£ Russia plans to toughen its stance against miners 2ļøā£ France highlights the economic potential of digital mining 3ļøā£ Mining difficulty increased significantly 4ļøā£ Public companies achieve hashrate records 5ļøā£ Production of new ASIC equipment accelerates
š Read the full article: https://cutt.ly/VrPe26ke
*šµ Rising reserves:* - Gross reserves increased by *USD 554M* on Friday. - *USD 314M* came in from the CAF and the Treasury would have bought more than *USD 200M* between Monday and Wednesday. - Tomorrow marks the end of the special deadline for the settlement of foreign currency for soybean and corn exporters.
*šø Exchange market and rates:* - The collateral rate jumped to an average of *34.7% TNA* in BYMA (+540bps in one day), while the *spot dollar* rose to *$1.285*, a new nominal high. Strong increase in open interest in futures (*USD 292M*). - The monetary tightening and the increase in reserves impact liquidity and generate high volatility in short rates.
*š Fixed income and stocks:* - The Lecap for August closed between *3.21% and 3.28% TEM*, and the note due on 31/jul jumped to *3.67% TEM* (*43.5% TNA*). - The Merval rose *1.3% in dollars* on Friday but is still *-25% down YTD*. - The Globals rebounded by *0.7%* after Moodyās rating upgrade, although they closed the week *-1.8%*.
*š Economic indicators:* - The *INDEC* will publish the EMAE for May today at 4 PM. - The industry grew *2.2% seasonally adjusted* that month, but construction contracted by *-2.2%*.
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šššØThe XTZ token of Tezos accumulates a weekly increase of 73% and is priced at $1.11, with a trading volume exceeding $1.2 billion.
The Tezos blockchain has returned to the radar of the crypto market after an explosive rally in July. In just the last 24 hours, the price of XTZ has risen by 7%, while the monthly accumulation has increased by more than 116%, according to data from CoinMarketCap as of July 20.
šPrice evolution of Tezos in the last month: The renewed interest is partly due to the growth of its DeFi ecosystem, with a 25% increase in the TVL of the network in the last 24 hours, now reaching $53.22 million, according to data from DeFiLlama.
Institutional boost: Midas launches new products on Etherlink On July 16, the institutional tokenization firm Midas announced the expansion of its DeFi suite to Etherlink, the high-speed Layer 2 of Tezos.