Daily View | Sunday July 31

The following contents are organized and provided by PlatONWorld to spread more information and not represent the position of PlatONWorld. The contents are from third-party platforms, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,506,250,000	2,831,440,000	30.02%	1,451,898,395.32	201,625

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.0136	0.0125	1,286,627
BTC/USDT	24667.58	23510.01	14,357
ETH/USDT	1744.18	1673.50	111,015

Data source: Huobi Exchange

【10 days node data】

2022	Active	Candidate	Exiting	Exited
July 31	201	18	4	159
July 30	201	18	5	156
July 29	201	17	5	156
July 28	201	17	5	158
July 27	201	15	5	156
July 26	201	15	5	158
July 25	201	16	4	158
July 24	201	17	5	156
July 23	201	17	5	156
July 22	201	17	5	156

Data source: https://scan.platon.network/

【Industry News】

CoinShares: BTC will benefit from a dovish Fed and a weaker dollar to rise

Golden Finance reports that digital asset management firm CoinShares posted a topic post on its official social media account explaining how economic factors and policies affect BTC performance and why BTC is performing differently than other investment assets. CoinShares believes the current low price performance of BTC is only temporary and says, “The U.S. The recession has arrived and we think the Fed will likely continue to raise rates throughout the summer, after which the outlook for weaker economic growth will emerge, leading to a significant weakening of the dollar. If the Fed fails to curb inflation and the dollar strengthens, BTC will benefit from a dovish Fed and a weaker dollar to see gains, while growth stocks will suffer more in the event of deteriorating economic conditions.”

Cosmos Eco-DeFi Protocol Kujira Coming Soon to Acala

July 31 – Acala Network Chief Growth Officer Dan Reecer tweeted that the Cosmos eco-DeFi protocol Kujira will soon be available on Acala, which could bring the clearing market to general users. Reecer said that this is another collaboration between Cosmos and the PoC ecology, which is significant for the aUSD stablecoin.