TL;DR Bitcoin accumulator wallets hit a 2025 peak, adding 248K BTC worth $30B in recent weeks. Whale short exposure shows market split, even as long-term holders continue to stack Bitcoin. BTC inflows hit $3.7B last week, pushing assets under management to a record $211 billion. Long-Term Holders Step Up Accumulation Bitcoin wallets known for never selling have added about 248,000 BTC this month, according to data from CryptoQuant. These addresses are called “accumulators” because they only receive Bitcoin and have no record of moving units out. The monthly average sits closer to 164,000 BTC, which means most of the recent buying happened in just a few weeks. At current prices, this stash is worth around $30 billion. It shows that some players are adding to their holdings even as Bitcoin trades near all-time highs. Source: CryptoQuant Caution Remains If Prices Pull Back If Bitcoin enters a correction or moves sideways for a while, some of these wallets may start selling. That would pull out their accumulator status and might result in a new supply in the market. Meanwhile, most of them are clinging. This pattern signals a strong interest in holding BTC long term, even as price swings remain sharp. It’s not a guarantee of future price moves, but it adds context to recent demand. At the same time, big trades over $1 million are showing short exposure. Joao Wedson from Alphractal says whales are currently leaning bearish based on tools that track volume and open interest. If BTC whales are on the right path, I’m not sure… But they’re clearly in Shorts! The Whale Sentiment Position tracks cumulative positions over $1M across multiple exchanges, combining CVD (Cumulative Volume Delta) and Open Interest data. It’s a powerful tool to… pic.twitter.com/97ze6rCMeB — Joao Wedson (@joao_wedson) July 14, 2025 These tools help follow what large wallets are doing across exchanges. The mixed signals between whales and accumulator wallets show that not everyone agrees on what comes next. Key Levels After Recent Price Drop Bitcoin was trading around $116,500 at the time of writing. That’s a drop of 4.5% in 24 hours, but still up 8% over the last week. Analyst Ali Martinez said the price recently hit a target near $121,000, with the next levels at $131,000, $144,000, and $158,000. Some are pointing to a possible top around $200,000 later this year if the current chart pattern plays out. Nothing is certain, but the momentum remains strong for now. Funds tied to crypto brought in $3.7 billion last week alone. That’s the second-biggest weekly inflow ever. Year-to-date inflows are now $22.7 billion. The post Bitcoin Whales Scoop 248K BTC This Month as Bulls Eye $200K appeared first on CryptoPotato .
Key Takeaways: Ryan Cohen said GameStop is prioritizing cautious capital allocation over aggressive crypto exposure. The company’s convertible note offerings remain a popular funding route even amid equity market volatility. Digital assets continue to enter treasury management discussions, but adoption strategies are uneven. GameStop CEO Ryan Cohen said on Tuesday that the company’s recent Bitcoin purchase was meant as a hedge against macroeconomic uncertainty. According to his comments made during a July 15 appearance on CNBC, the company is not making an attempt to follow other corporate treasury approaches like Strategy (previously known as MicroStrategy). Bitcoin as a Hedge Against Inflation “I look at it as a hedge against inflation and global money printing, and we’ll see what happens,” Cohen said. GameStop acquired 4,710 bitcoins in late May, valued at over $500 million. The purchase followed a series of corporate moves by firms like Strategy, which accumulated billions of dollars in Bitcoin in recent years. Cohen clarified that GameStop’s move was unrelated. GameStop has purchased 4,710 Bitcoin. pic.twitter.com/gGdr0BRrAv — GameStop (@gamestop) May 28, 2025 “We have our own unique strategy, and we have a very strong balance sheet, over $9 billion of cash and marketable securities,” he said. Cohen said the company would maintain a disciplined approach in deploying capital. “We will deploy that capital responsibly as I would my own capital, and only look for opportunities where the downside is limited and there’s a lot of upside,” he said. “We’ll be opportunistic when we see those opportunities.” GameStop’s crypto position is part of Cohen’s effort to stabilize operations. The company has shifted its business mix, focusing more on trading cards and collectibles. New Outlook for GameStop The CEO added that GameStop has moved away from its earlier dependence on hardware and software. He said the retailer has now made a “significant” shift toward those newer segments. “We will deploy that capital responsibly as I would my own capital, and only look for opportunities where the downside is limited and there’s a lot of upside,” Cohen said. “We’ll be opportunistic when we see those opportunities.” The company recently raised $2.25 billion through an upsized convertible note offering. The zero-coupon notes carry a conversion price of approximately $28.91 per share, reflecting a 32.5% premium over the stock’s average trading price at the time of announcement. The offering follows a similar $1.5 billion raise in April and comes amid ongoing volatility in the company’s stock, which fell 24% in the past week. Some public companies are exploring Bitcoin as a reserve asset, but with different levels of exposure. Strategy has taken an aggressive approach, while others, including Tesla and Block, have kept their holdings limited. Frequently Asked Questions (FAQs) Are there accounting standards specific to corporate Bitcoin holdings? Yes. Under current U.S. GAAP, Bitcoin is treated as an intangible asset, meaning it must be written down for impairments but cannot be marked up if its value increases. This has raised concerns about transparency and financial reporting accuracy. How do zero-coupon convertible notes affect existing shareholders? Convertible notes issued at a premium typically delay dilution but still create the possibility of future share issuance. If converted, the new shares can dilute existing ownership depending on the stock price performance at maturity. What regulatory developments could impact corporate BTC adoption? The SEC and FASB have both initiated reviews related to digital asset disclosure, particularly after the rise of spot Bitcoin ETFs. Future rules may clarify how corporations report holdings or manage risk, potentially influencing more widespread adoption. The post GameStop CEO Says Bitcoin Bet Is a Hedge, Not a Strategy Copy appeared first on Cryptonews .
JPMorgan Chase CEO Jamie Dimon says he doesn't quite understand the appeal of stablecoins, but he also says he can't afford to sit on the sidelines. This message from Dimon attracted attention while answering questions about stablecoin technology at the balance sheet meeting held today. Stablecoins, as their name suggests, are cryptocurrencies typically pegged to fiat currencies like the US dollar, aiming for stability in value. Last month, JPMorgan announced the development of a limited stablecoin solution designed exclusively for its own clients. However, a more general stablecoin is expected to appeal to a much broader user base. “As JPMorgan, we will be involved in both our own deposit coin and stablecoins. We want to understand this space and become proficient in it,” Dimon said. “Stablecoins are real. However, I still don't fully understand why you would want to use a stablecoin instead of making a payment directly.” Related News: US President Donald Trump Makes Hot Remarks on Cryptocurrencies - Shares a Long Statement Dimon, 69, is known for his criticism of cryptocurrencies, particularly Bitcoin. However, JPMorgan's massive presence in the sector, with a daily global payment volume of approximately $10 trillion, means the company cannot afford to neglect emerging payment technologies. Dimon stated that fintech companies trying to create alternatives to the traditional banking system pose a threat, saying, “These guys are very smart. They want to create bank accounts, access payment systems, and offer rewards programs. We need to be aware of this. The way to do this is to be active in this area.” Citigroup executives also stated in a statement today that they are exploring the possibility of issuing stablecoins and that they see opportunities, particularly in areas such as tokenized deposits and the storage of crypto assets. *This is not investment advice. Continue Reading: Bitcoin and Cryptocurrency Hater JPMorgan CEO Jamie Dimon Backtracked Again: “I Still Don’t Fully Understand It, But…”
Pudgy Penguins ($PENGU) rocketed again this week, rising 127.4% over seven days as traders chased fresh meme‑coin momentum. In the past 24 hours alone, $PENGU jumped 20.8%, vaulting from an intraday low of $0.0270 to a high of $0.0344, a 27.4% swing demonstrating intense volatility. As of July 15, $PENGU is trading at $0.03418. The token has seen a volume spike and whale accumulation, indicating continued appetite for risk amid broader crypto rallies. Source: CoinGecko Meme Coin Momentum Reinforced by ETF Buzz and Social Endorsements The $PENGU token has rapidly transitioned from a niche NFT experiment to a multi‑faceted Web3 brand, driven by speculative ETF filings, high‑profile endorsements, and major retail partnerships. Since its Solana launch in late 2024, $PENGU has seen its price double amid Coinbase’s penguin avatar stunt and ETF rumors, as observers wonder if it will become the biggest memecoin of the summer. $PENGU’s fundamentals now rest on a tight 63 billion‑token float against a capped 88.88 billion supply, with almost 26% locked for community rewards and an airdrop that seeded hundreds of thousands of wallets last December but remains largely unspent. That sense of scarcity quickly became a marketing asset. When Coinbase and Binance US briefly swapped their social‑media avatars for Pudgy Penguins artwork , it ignited a 60% weekly sprint that took on institutional backing once Cboe filed a Form 19b‑4 to list the Canary PENG ETF and the SEC logged its companion S‑1. Both filings propose allocating 95% of the fund’s holdings to PENG tokens, with the remaining 5% earmarked for Pudgy Penguin NFTs, an unprecedented structure designed to blend liquid token exposure with the rarity and collectibility of the underlying art. canary capital filing first-ever NFT-backed ETF. 80-95% $PENGU token, 5-15% curated pudgy nfts not just floor sweeping but rarity-based selection — aixbt (@aixbt_agent) March 28, 2025 Additionally, within 24 hours of Coinbase’s stunt, the loop rally strengthened as the NFT floor price leapt from about 9 ETH to 11.6 ETH, showing how the token and collection move in tandem. Liquidity followed, and the token’s revival from an April price struggle of around $0.028 to $0.0037 in July returned $PENGU to the mid‑cap league in barely three months, according to CoinMarketCap . Just five days ago, $PENGU jumped 33% alone. I gave you all $Pengu at a 200 million dollar market cap back in April. Today it just reclaimed a 2 billion dollar market cap. That’s a clean 10x. Follow me for more alpha calls. pic.twitter.com/4kA1faDCM1 — Moose (@JoeyMooose) July 15, 2025 Smart money seems convinced by the return, with on‑chain trackers flagging whales buying $PENGU in large volumes and even billionaires like Justin Sun endorsing the project. $PENGU/USDT Maintains Bullish Structure as Price Approaches $0.0360 Resistance The PENGU/USDT 4-hour chart from July 11 to 15 shows a strong uptrend. The price moved sideways between $0.012 and $0.018 for a while, but buyers took control on July 13 and pushed it higher. On July 14, the price broke above the key $0.0300 level, confirming growing momentum. That level has now turned into solid support, holding steady through several retests. As long as this support holds, buyers remain in charge. $PENGU/USDT price chart, July 15 (Source: TradingView) The rally continued into July 15, carrying $PENGU to fresh highs and is currently trading around $0.03455. Trading activity rose during the breakout, reflecting strong participation, a positive indicator for sustainability. Breakouts accompanied by rising volume typically indicate genuine demand, reducing the likelihood of a false move. The price structure has consistently formed higher highs and higher lows, a hallmark of a strong uptrend. This pattern demonstrates sustained buyer dominance across multiple sessions, reinforcing bullish conviction. The volume footprint chart provides extra insight. A major event occurred during the 08:00 UTC 4‑hour candle on July 15. The data shows a large negative delta of –126.25 million, indicating that aggressive market sells outnumbered market buys in that candle. However, despite this heavy selling pressure, the price did not drop. Instead, the candle remained green and continued pushing higher. This indicates that strong buy orders were absorbing the selling pressure, allowing $PENGU to climb steadily. Such absorption shows buyers are still in control, and the trend remains supported beneath the surface. The price now approaches a key resistance zone between $0.0350 and $0.0360, an area reinforced by recent bullish momentum. This level aligns with historical seller interest, increasing the likelihood of supply pressure. A decisive breakout above this zone, supported by strong volume, could indicate a continuation toward higher targets. Conversely, rejection here may trigger a retracement toward the $0.0310 support level, a logical consolidation point before any renewed upside attempt. The post Pudgy Penguins ($PENGU) Soars 127% in a Week as Meme Coin Mania Returns appeared first on Cryptonews .
BitcoinWorld BTCS’s Astounding Ethereum Bet: A Strategic Crypto Acquisition Amplifies Digital Assets Are you tracking the latest moves by institutional players in the volatile yet vibrant cryptocurrency market? If so, the recent announcement from BTCS Inc. (Nasdaq: BTCS) is certainly one to pay attention to. In a strategic maneuver that underscores growing institutional confidence in digital assets, BTCS has significantly expanded its Ethereum (ETH) reserves, making a substantial bet on the future of the second-largest cryptocurrency. Understanding BTCS’s Bold Move: Expanding ETH Holdings In a clear signal of its long-term vision, BTCS Inc. recently revealed its latest strategic acquisition. The company announced via X that it successfully borrowed $2.34 million USDT through the decentralized finance (DeFi) protocol AAVE. This leveraged position was then utilized to acquire an impressive 2,731 ETH for a total of $8.23 million. This isn’t just a minor top-up; it’s a significant increase that brings BTCS’s total ETH holdings to an astounding 31,855 ETH. This move is particularly noteworthy for several reasons: Leveraged Growth: Utilizing DeFi platforms like AAVE for borrowing allows companies to expand their asset base without immediately liquidating existing holdings, potentially amplifying returns if the acquired asset appreciates. Significant Scale: With 31,855 ETH, BTCS now commands a substantial portfolio of one of the crypto market’s foundational assets. Market Valuation: Following this acquisition, the company’s total crypto and cash market value has surged to approximately $100.6 million, solidifying its position as a key player in the digital asset investment space. Why Ethereum? The Power of a Leading Digital Asset The decision by BTCS to focus heavily on Ethereum is not arbitrary. Ethereum stands as the backbone of the decentralized web, powering countless decentralized applications (dApps), NFTs, and the vast DeFi ecosystem. Its ongoing evolution, particularly with the transition to Ethereum 2.0 (now known as the Consensus Layer and Execution Layer upgrades), promises enhanced scalability, security, and sustainability through a Proof-of-Stake consensus mechanism. Here’s why Ethereum remains a prime target for institutional investors: Ecosystem Dominance: Ethereum boasts the largest and most active developer community in the blockchain space, constantly innovating and building new use cases. Staking Rewards: With the move to Proof-of-Stake, ETH holders can stake their assets to earn rewards, providing a passive income stream that can enhance long-term holding profitability. Deflationary Mechanism: The EIP-1559 upgrade introduced a burning mechanism for a portion of transaction fees, potentially making ETH a deflationary asset over time, which could increase its scarcity and value. Institutional Acceptance: Increasingly, major financial institutions are exploring or directly engaging with Ethereum, recognizing its critical role in the future of finance and technology. BTCS’s increased exposure to ETH positions them to benefit directly from Ethereum’s continued growth and adoption across various sectors. The Broader Implications of This Crypto Acquisition What does this significant crypto acquisition by BTCS mean for the wider market? It serves as a powerful indicator of several trends: Increasing Institutional Confidence: This move highlights a growing trend among publicly traded companies to integrate cryptocurrencies into their balance sheets or investment strategies. It signals a maturation of the crypto market, moving beyond speculative retail trading to more structured corporate investments. Strategic Use of DeFi: The fact that BTCS leveraged AAVE, a DeFi protocol, for its loan demonstrates the increasing sophistication of institutional engagement with decentralized finance. It shows that DeFi is no longer just for crypto natives but is becoming a viable tool for corporate treasury management and capital allocation. Long-Term Bullish Sentiment: Acquiring such a large amount of ETH, especially using leverage, suggests a strong long-term bullish outlook on Ethereum’s price trajectory and its fundamental value. Companies like BTCS are not just holding; they are actively accumulating, anticipating future appreciation. Diversification of Digital Assets: While Bitcoin often grabs headlines, this acquisition underscores the importance of diversifying within the digital asset space. Ethereum, with its robust ecosystem and utility, offers a different risk-reward profile and growth potential. This development could inspire other companies to explore similar strategies, further driving institutional adoption and legitimizing the cryptocurrency market in the eyes of traditional finance. Navigating the Digital Assets Landscape: What Investors Should Know For individual investors, BTCS’s move offers valuable insights into how sophisticated players are approaching the volatile world of digital assets . While the specific strategies of a publicly traded company may differ from those of a retail investor, the underlying principles often remain relevant. Key Takeaways for Investors: Research is Paramount: Understand the fundamentals of the cryptocurrencies you invest in. Why is Ethereum valuable? What are its use cases? What are the risks? Long-Term Vision: Institutional acquisitions like this often reflect a long-term investment horizon, looking beyond short-term price fluctuations to capitalize on foundational growth. Risk Management: While leverage can amplify gains, it also magnifies losses. For individual investors, understanding and managing risk through appropriate position sizing and diversification is crucial. Stay Informed: The crypto market evolves rapidly. Keeping up with news, technological advancements, and regulatory changes is vital for informed decision-making. BTCS’s substantial increase in its ETH holdings is a testament to the evolving strategies employed by publicly traded companies in the crypto space. It highlights a growing confidence in Ethereum’s long-term value proposition and the potential for significant returns from strategic investments in leading digital assets. Conclusion: A Glimpse into the Future of Corporate Crypto Adoption BTCS Inc.’s latest move to significantly bolster its ETH holdings is more than just a transaction; it’s a strategic statement. By leveraging DeFi to acquire a substantial amount of Ethereum, BTCS is demonstrating a sophisticated approach to capital allocation within the digital economy. This crypto acquisition not only enhances their existing portfolio but also reinforces the growing narrative of institutional embrace of digital assets , particularly Ethereum , as a core component of future corporate strategies. As the crypto market continues to mature, we can expect to see more companies like BTCS making bold moves, further integrating blockchain technology and cryptocurrencies into the global financial landscape. This trend signals a promising future for the broader adoption and legitimization of decentralized finance and digital currencies. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action and institutional adoption. This post BTCS’s Astounding Ethereum Bet: A Strategic Crypto Acquisition Amplifies Digital Assets first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin has confirmed a significant double breakout, signaling strong bullish momentum and positioning the cryptocurrency for a potential surge toward $137,000. The breakout from a bull pennant pattern combined with
Whispers of an upcoming surge in the cryptocurrency market are fueling interest in lesser-known digital coins. There are five hidden altcoins that could see significant growth before a potential market explosion in September. Discover these underrated assets that might offer substantial returns, and find out why July could be the ideal time to consider adding them to a portfolio. $XYZ Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto. Designed for hardcore fans of football, basketball, MMA, and esports, this project goes beyond just being another token—it’s a growing community built around passion for the game. With the bold Greatest of All Time (G.O.A.T.) vision, XYZVerse is aiming higher than the average meme coin. And people are taking notice—it has recently earned the title of Best New Meme Project. What sets $XYZ apart? It’s not a short-lived trend. This project has a clear roadmap and a dedicated community focused on long-term growth. Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.003333 Next Stage : $0.005 Final Presale Price : $0.02 Following the presale, the $XYZ token will be listed on major centralized and decentralized exchanges, with a target listing price of $0.10. If the project raises enough capital to support this valuation, early investors could see returns of up to 1,000x on their presale entries. So far, over $14 million has been invested, reflecting strong market interest. Notably, securing tokens at a lower presale price offers the potential for higher ROI upon launch. Demand for $XYZ is surging, driving rapid progress in the presale. Early buyers secure the lowest prices, maximizing their potential returns. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! Uniswap (UNI) Source: TradingView Uniswap (UNI) has seen significant price movements recently. Over the past week, its price surged by 26.10%. In the last month, it climbed by 20.79%. However, over the past six months, UNI experienced a decline of 29.73%. Currently, the price ranges between $7.49 and $9.29. Technical indicators suggest strong momentum. The Relative Strength Index (RSI) is at 75.22, indicating overbought conditions. The Stochastic oscillator reads 84.02, also pointing to an overbought market. The Simple Moving Average over 10 days is $8.95, slightly above the 100-day average of $8.57. The MACD level stands at 0.2041, showing positive momentum. The nearest resistance level is at $10. Reaching this point would represent an increase of about 8% from the current price. If the upward trend continues, the next resistance is at $11. On the downside, the nearest support level is $6.47, which is approximately 14% below the current price. The second support is at $4.66. Based on these levels, UNI’s price could test new highs or retrace to lower support zones in the near future. Sui (SUI) Source: TradingView Sui (SUI) has shown significant price movement recently. Over the past week, the coin surged 35.18%, indicating strong short-term momentum. In the past month, it climbed 27.92%, showing sustained investor interest. However, over six months, SUI is down 14.21%, suggesting it’s recovering from earlier declines. Currently trading between $3.02 and $3.76, SUI is nearing its nearest resistance level at $4.04. Breaking this point could push it towards $4.78, a potential increase of over 25% from current prices. On the downside, the nearest support is at $2.55, and the second support at $1.81, which would be declines of about 15% and 40%, respectively. Technical indicators point to a bullish trend. The 10-day simple moving average is $3.79, above the 100-day average of $3.45, suggesting upward momentum. The RSI is at 85.62, and the Stochastic at 95.72, both in overbought territory. The positive MACD level of 0.1283 indicates potential for further gains. Based on these factors, SUI might continue rising, but caution is advised due to possible corrections. Chainlink (LINK) Source: TradingView Chainlink (LINK) has seen significant price increases recently. In the past week, its price rose by 19.68%. Over the past month, it went up by 20.18%. Despite these gains, the price is down 20.75% over the last six months. Currently, LINK trades between $13.93 and $16.66. The 10-day Simple Moving Average is $15.98. This is slightly above the 100-day Simple Moving Average of $15.27, suggesting positive short-term momentum. The Relative Strength Index is 64.31, below the overbought level of 70. The Stochastic oscillator reads 75.16, indicating possible continued upward movement. The MACD level is 0.1993, pointing to bullish momentum. Chainlink is nearing its nearest resistance level at $17.66. If it breaks this level, it could reach the second resistance at $20.39, an increase of about 22% from the current price. If the price falls, the nearest support is at $12.21, with a secondary support at $9.48. Based on current indicators, Chainlink may continue its upward trend in the near term. TRON (TRX) Source: TradingView TRON (TRX) has experienced significant growth over the past six months, with a price increase of 37.35%. In the last month, TRX rose by 12.51%, and in the past week, it gained 5.70%. This upward trend indicates strong investor interest and momentum. Currently trading between $0.29 and $0.31, TRX is near both its 10-day and 100-day simple moving averages of $0.30. The Relative Strength Index is at 52.65, suggesting a neutral market. The MACD level of 0.0002 and Stochastic at 55.18 indicate balanced sentiment among traders. The nearest resistance level is $0.32. Breaking above this could lead TRX toward the second resistance at $0.34. If the price declines, support levels at $0.28 and $0.25 may prevent further drops. Based on recent performance and technical indicators, TRX may continue to show growth, but monitoring these key levels is important for anticipating price movements. Conclusion UNI, SUI, LINK, and TRX show promise, but XYZVerse (XYZ) unites sports fans, aims for 20,000% growth, and blends memes with sports in a community-driven ecosystem. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse Continue Reading: Top 5 Hidden Altcoins to Load Up on in July Before September’s ‘God Candle’ Explosion
The post Ethereum Price Signals Onset of Its 2025 Golden Times: Here Are the Biggest Winners appeared first on Coinpedia Fintech News Ethereum (ETH) price rallied 3 percent in the past 24 hours to reach a daily local high of about $3090. The large-cap altcoin, with a fully diluted valuation of about $370 billion, gained nearly 5 percent against Bitcoin (BTC) in the past 24 hours, thus confirming the onset of the 2025 altseason. In the weekly timeframe, the ETH/BTC pair continued with the bullish trend that began during the second quarter of 2025. According to market data from TradingView, the ETH/BTC pair gained 18 percent in the last four weeks to retest the highest level since March 2025. $ETHBTC – We are finally breaking out and people seem to be looking everywhere but here. Keep it simple, Ethereum and on chain will be the play. pic.twitter.com/JJ57gpyVqA — IncomeSharks (@IncomeSharks) July 15, 2025 Ethereum Network Heavily Embraced By Institutional Investors The Ethereum network has recorded a renewed interest from institutional investors in the past few weeks. According to aggregate market data from sosovalue, the U.S. spot Ether ETFs have recorded a net cash inflow of about $1.35 billion in the first two weeks of July. Earlier on Tuesday, SharpLink Gaming announced that it became the largest corporate holder of Ether with a holding of 280,706 ETH. Takeaway Points The Ethereum breakout after months of a choppy market has reinstated confidence in ERC20 tokens, led by top DeFi tokens. Furthermore, the Ethereum network has significantly improved in the past years to scale its throughput and reduce its transaction fees to compete with other L1 chains led by Solana (SOL). From a technical analysis standpoint, Ether price has mirrored a similar bullish pattern to the 2021 bull rally. Ether’s bullish sentiment is backed by the weekly MACD line that just crossed above the zero line for the first time since February 2025. on ethereum 1/ $ETH +22% past month but down -9% YTD ETH rangebound since 2021, but the rise of stablecoins $CRCL $USDT and Wall Street tokenizing real-world assets is driving up demand for ETH = upside ….please read on $BMNR DAT @BitMNR pic.twitter.com/VOnoEdCEsF — Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) July 15, 2025 Meanwhile, Ethereum-based memecoins led by dog-themed Shiba Inu (SHIB) and frog-themed Pepe (PEPE) have already signaled bullish sentiment. Furthermore, the much-anticipated altseason implies the crypto summer will impact almost the entire top altcoins with strong fundamentals and community.
As it sped into Crypto Week on Tuesday, the U.S. House's process toward passing digital assets bills ground to a sudden halt over a procedural vote as members of the House Freedom Caucus objected to the way some of the legislation has developed under Senate dominance. The misfire on the procedural vote quickly slammed the crypto markets over uncertainty about the good news expected this week as the House has moved toward passage of two of the industry's top priorities. The legislation still has strong, bipartisan support, suggesting the procedural mishap may be overcome as a further vote was scheduled for later Tuesday afternoon. More than a dozen Republicans joined Democrats in voting against the motion. Two people familiar with the matter told CoinDesk another vote has been aimed for 5:00 p.m. ET, meaning this disruption could be resolved without delaying the more important votes currently expected on Wednesday and Thursday. U.S. President Donald Trump urged Republicans to vote in favor of the rule earlier Tuesday in a post on Truth Social, saying passing GENIUS would help keep the U.S. ahead of other countries in crypto development. Bitcoin (BTC) and ether (ETH) each knee-jerked lower by about 0.5% on the news, but both have recovered most of those declines. High-flying stablecoin issuer Circle (CRCL) has moved to its session low, down 5.3% on the day. The stock remains higher by roughly six-fold since its IPO last month. Procedural disruptions can be the norm in the legislative process. As the GENIUS Act headed toward passage in the Senate, a group of Democrats slammed the breaks to object to certain provisions and force more discussion. It's uncertain whether a similar delay could be forced by unhappy Republicans on this week's bills.
Tether’s USDT0 stablecoin is now operational on the Rootstock Bitcoin sidechain. Rootstock Integrates Tether’s Omnichain USDT0 The integration makes the omnichain version of USDT accessible natively on Rootstock through Layerzero’s OFT standard. Rootstock combines Bitcoin’s proof-of-work (PoW) security via merged mining with Ethereum Virtual Machine compatibility. Rootstock’s infrastructure includes the PowPeg two-way Bitcoin bridge, block