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Bitcoin's 2.27M Wallet Surge, EIP-8361 Staking Debate & USDC Expands | Aug 6
Audio is available on Spreaker — see link below.
Bitcoin created 2.27 million new wallets in 24 hours yet price barely moved — today's crypto market update unpacks why macro is still in the driver's seat. Plus Ethereum's contentious EIP-8361 staking proposal, Circle's USDC expansion to OKX's Layer 2, and altcoin rotation in ADA, M token, and PUMP.
Audio is available on Spreaker — see link below.
Two point two seven million new Bitcoin wallets were created in the past twenty-four hours. Active addresses hit multi-month highs.
Ethereum has its own tension to manage. A draft proposal published earlier this week is drawing sharp reaction across the DeFi community.
On the stablecoin side, Circle expanded native USDC to OKX's Layer 2, bringing its total blockchain footprint to thirty-six networks. Cross-Chain Transfer Protocol now covers twenty-six.
Away from Bitcoin's flat week, selective capital rotation is visible in altcoins. M token gained twenty-four percent over seven days.
The variables that matter most into the next session are Friday's jobs report and how BTC responds around the sixty-seven thousand three hundred dollar resistance level. On Ethereum, watch whether EIP-8361 moves beyond draft status or stalls on validator consensus.
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