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US Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold 💰

BTC ETFs see $124.1M in Inflows as ETH Struggles With Outflows, BlackRock Solana ETF Not Happening Anytime Soon, and more!

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Traci Smith & Mike Cullison
July 31, 2024

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GM 💡 Time to recap the month of July! It’s been a wild month. How have your Daily Gains been performing?

In Today’s Crypto World:

  • BTC ETFs see $124.1M in Inflows as ETH Struggles With Outflows 😯

  • US BTC Reserve to Be Funded Partly by Revaluing Fed's Gold 💰

  • BlackRock Solana ETF Not Happening Anytime Soon 🛑

  • Gainers & Newbies 👀

  • X-Force #1 ❌

  • Short-Term Holder Supply 🔬

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

Bitcoin ETFs see $124.1M in inflows as Ethereum struggles with outflows

Bitcoin ETFs attracted $124.1M in inflows amid the market dip, while Ethereum ETFs continued seeing massive outflows.

cryptoslate.com

U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows

The purchase of bitcoin for a new strategic reserve would be financed partly by revaluing Federal Reserve's gold, according to draft legislation from U.S. Senator Cynthia Lummis's office.

finance.yahoo.com

BlackRock Solana ETF Not Happening Anytime Soon, CIO Confirms

BlackRock says Solana isn’t mature enough yet to justify launching a new investment product.

cryptopotato.com

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

VEVE & NFT
X-FORCE #1 ❌

CHART OF THE DAY
SHORT-TERM HOLDER SUPPLY 🔬

Indicator Overview

This chart shows the total amount of circulating bitcoin supply that is held by short-term holders. Short-term holders are defined as addresses that have held the Bitcoin for less than 155 days.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS HALVING? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS JASMY? 💡

JasmyCoin (JASMY) is a blockchain-based platform focused on data security and user privacy. Key points include:

  1. Data Sovereignty: JASMY empowers users to control their own data, ensuring privacy and ownership.

  2. IoT Integration: It integrates with Internet of Things (IoT) devices, enhancing data protection and management in the digital age.

  3. Enterprise Solutions: JASMY provides businesses with tools to secure user data, comply with regulations, and build trust.

  4. Ecosystem Development: The platform encourages the creation of applications that leverage its secure data management features.

These features make JASMY a pioneering platform for data security, offering innovative solutions for both individuals and enterprises.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILYMEMES 🤣

Brought To You By: DailyGainsCrypto.com

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.05/31/202406/12/