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Ethereum's price drifts from the $4,000 mark as cautious sentiment and recent profit-taking weigh down dynamics. After peaking at $3,941 in July, ETH may soon dip below $3,000. Glassnode data indicates investor accumulation rates hit a two-month low of 27.57%, suggesting weakened buying interest. The Elder-Ray Index shows bearish pressure, with recent red bars pushing ETH to $3,457, facing resistance at $3,524. A break below $3,067 could lead to $2,745 test. ➡️Details: https://followin.io/en/feed/19116112
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The SEC has postponed decisions on Bitcoin and Solana ETFs, citing the need for further review. The agency will take up to eight weeks to decide on Truth Social's Bitcoin ETF and Grayscale's Solana fund's conversion. Deadlines are set for September 18 and October 10, respectively. Recent delays occur amid broader reviews of crypto ETFs under a cautious approach, even as SEC has warmed to cryptocurrencies recently. Pending applications include ETFs related to Solana and XRP. ➡️Details: https://followin.io/en/feed/18987724
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ETH hits $3,887, marking a recent high as DeFi tokens gain strength. The 10th anniversary of Ethereum on July 30 could boost prices. BNB reaches $842, a historic high, with market cap at $117.6 billion amid MicroStrategy-like rumors. Tokens like Cake and LISTA rise. VINE jumps 121% to $0.15 after Elon Musk hints at reviving Vine with AI. ZORA leads #BASE ecosystem with a spike in token creation, though some suspect CEX manipulation. Blue-chip NFTs see growth; Moonbirds +50%, Milady +24.89%, BAYC +8.14%. Exchanges like Blur rise slightly. Letsbonk sees token surge yet BONK adjusts down. Donald Trump announces a US-EU trade deal: 15% tax + $600B US investment, possibly boosting tokens. Warning: Major token unlocks like SUI, JUP, ENA, OP over $300M. Investors should monitor closely. SharpLink Gaming stakes its 77,200 ETH, showing long-term faith in Ethereum. ➡️Details: https://followin.io/en/feed/18968286
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Trump Media invests $2B in Bitcoin after Trump signs GENIUS Act, prompting ethics concerns. The Act, enhancing investor protection and transparency, forbids officials from promoting stablecoins in office. Critics question potential conflicts of interest, with Trump's dual role in politics and finance. While claiming Bitcoin as financial protection, the move adds volatility, risking Trump's media venture. ➡️Details: https://followin.io/en/feed/18915999
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BlackRock's iShares Ethereum Trust (ETHA) surpasses $10 billion, becoming the third fastest-growing ETF, as reported by Bloomberg. This milestone, achieved in 251 days, reflects investors' rising interest in Ethereum. The fund doubled in size recently, driven by both strong asset growth and inflows, notes Bloomberg's Eric Balchunas. Ethereum's price neared $3,850, fueling ETF demand amid the digital asset boom. ➡️Details: https://followin.io/en/feed/18915053
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A year after debut, spot Ether ETFs have gained nearly $8.7 million in net inflows and manage over $16.5 billion in assets in the US market. ➡️Details: https://followin.io/en/feed/18896558
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US stocks rose, but crypto stocks showed mixed performance. Notable moves: LETSBONK plans token buyback; #USELESS market cap at $320M; #ANI at $77M; PUMP fell to $3.1B amid investor losses. AI altcoin #SAHARA surged 86% driven by Korean investors. #SPK up 200% in 3 days, market cap hits $1.2B. #PENGU surpassed BONK as Solana's leading meme coin. TRON Inc to list on NASDAQ July 24; ETH faces selling pressure as staked ETH unlocks loom. #BNB at $109.1B market cap; #ZORA jumps 110%. ➡️Details: https://followin.io/en/feed/18893460
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Tesla's (TSLA) bitcoin holdings now value at $1.2 billion after a 30% rise in Q2, due to a FASB rule change allowing crypto assets to be reported at fair market value. Tesla owns 11,509 BTC, positioning it as the tenth largest public crypto holder. The stock rose 0.71% post-hours, trading at $331.56, with Q2 revenue at $22.5 billion and EPS at $0.40, aligning with analyst estimates. ➡️Details: https://followin.io/en/feed/18890001
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The US will reduce tariffs on Philippine goods to 19%, while the Philippines opens its market to US goods tariff-free. This agreement, announced after a White House meeting between President Trump and President Marcos Jr., marks Trump's first engagement with a Southeast Asian leader. Additionally, both leaders discussed potential defense cooperation. Details on defense plans remain undisclosed. ➡️Details: https://followin.io/en/feed/18877202
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Coinbase's stock, COIN, has seen a remarkable recovery, reaching an all-time high of $444.65 before settling at $428.75. This marks the first profit for IPO investors since 2021, reflecting broader crypto market optimism. Analysts, like Ali Martinez, foresee COIN hitting new targets between $950-$1,550. Macro trends and market sentiment boost this confidence. Recent European economic measures further support optimistic projections for crypto stocks in 2025. ➡️Details: https://followin.io/en/feed/18860234
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Justin Sun, founder of TRON, is set to become the second crypto industry leader in space with Blue Origin's upcoming NS-34 mission. The flight, featuring New Shepard, will carry six, including Sun, who secured his seat via a $28M charity auction in 2021. The launch, from Texas, offers passengers 10 minutes in space. Blue Origin hasn't announced the official date. Viewers can watch via live stream on their website. ➡️Details: https://followin.io/en/feed/18861177
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Matrixport reports rising Asian investor activity is driving ETH, XRP gains. Market data reveals heightened investment from Asia, influencing prices and trade volumes. Asia's growing role, especially over weekends, boosts ETH's surge, despite low gas fees. The DeFi sector revival, indicated by increased on-chain activity, supports ETH’s momentum. These trends suggest a promising outlook for altcoins like XRP, opening opportunities for retail and institutional investors. ➡️Details: https://followin.io/en/feed/18848055
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Litecoin surged 14% to $116, mirroring the broader crypto market gains and heralding an altcoin season. Yet, large holders offloaded over 500,000 LTC, sparking concerns about sustaining the rally. Despite this, long-term holders maintain support, stabilizing the price. LTC must break $117 resistance, or risk falling to $105. Continued retail and LTH support might propel it to $124, marking a four-month high. ➡️Details: https://followin.io/en/feed/18844075
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Bitcoin has surpassed $123,000, pushing its market cap to $2.4 trillion, driving a market-wide crypto rally. Strong institutional buying, especially through ETFs, has fueled this surge, with companies like BlackRock increasing their Bitcoin holdings. As BTC hits new highs, Ethereum and other altcoins are set for growth. Key emerging projects like Bitcoin Hyper and Best Wallet Token are drawing investor interest in the vibrant crypto landscape. ➡️Details: https://followin.io/en/feed/18777313
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