Luganodes to Support Stacks Layer and Enable Bitcoin Rewards
Luganodes, a provider of institutional-grade pledging services, has announced that it will support Stacks Layer and enable Bitcoin L2 Rewards, meaning that institutions will now be able to earn native BTC rewards, in addition to becoming a "signer" for Nakamoto's upgrades, whose key roles will include validating Stacks blocks and processing sBTC transactions, contributing to the security and decentralisation of the network.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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