the concept stocks of US stocks' cryptocurrency rose before the market, with DeFi Development up more than 16%, significant growth in the amount of coins hoarded and pledged business; BMNR up more than 3%, SharpLink Gaming up more than 2%.
according to @SERdotxyz's chart, the Ethereum ETF has seen net inflows for 6 consecutive days, buying $524 million worth of Ethereum yesterday, with a total net inflow of $2.3 billion in just 6 days.
Santiment stated that despite the rise in the price of Ethereum, Ethereum whales are buying a large amount of ETH sold by skeptical retail traders, and bearish sentiment on social media outweighs bullish sentiment.
according to @cryptounfolded's chart, the total number of bitcoins held by various institutions has reached 3.64 million, with most of them held by exchange-traded funds (ETFs) and funds.
according to the data of the Hong Kong stock market, as of the close of trading today, the trading volume of 6 Hong Kong virtual asset ETFs was 61.73 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 14.8 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 36.11 million Hong Kong dollars, the trading volume of Jiashi Bitcoin ETF (3439.HK) was 0.91 million Hong Kong dollars, the trading volume of Jiashi Ethereum ETF (3179.HK) was 3.37 million Hong Kong dollars, the trading volume of Bosh HashKey Bitcoin ETF (3008.HK) was 1.09 million Hong Kong dollars, and the trading volume of Bosh HashKey Ethereum ETF (3009.HK) was 5.45 million Hong Kong dollars.
according to Cointelegraph, Polymarket users predict that there is a 75% chance that Ethereum will reach its all-time high (ATH) before August 31. ETH is only about 5% away from its all-time high.
according to @whale_alert monitoring, 30,800 Ethereum (ETH) (worth $142,205,143) was transferred from an unknown wallet to Coinbase institutional account.
according to the US website Business Insider, Microsoft has identified the most popular Meta AI engineers and is implementing a new, competitive recruitment process. This move aims to match Meta's generous compensation package, including millions of dollars in signing bonuses, to attract and retain elite artificial intelligence talent.
according to @whale_alert monitoring, at 15:11, 1,424 bitcoins (worth 170.07589 million US dollars) were transferred from Binance to the Binance partner institution custody platform Ceffu.
according to @CryptoSlate, the search volume for "altcoins" on Google has reached a new high in the past five years, as the "altcoin season" trend returns to retail traders.
Matrixport released a daily chart analysis, stating that the rapid expansion of stablecoins continues to drive the development of the cryptocurrency industry. Before Trump was elected in November last year, Tether's market value soared from $120 billion to $165 billion; Circle's market value also rose from $34 billion to $65 billion.
according to @WhaleFUD's market news: LDA Capital has acquired 20 million shares of Norwegian Block Exchange, the largest bitcoin and cryptocurrency exchange in the Nordic region.
Pudgy Penguins disclosed that the Nasdaq-listed company BTCS has purchased 3 Pudgy Penguins NFTs for its treasury. BTCS's Ethereum reserve is valued at approximately $300 million.
according to Lookonchain monitoring, the mysterious group "7 Siblings" holds 1.21 million ETH ($5.6 billion) and is selling ETH. In the past 15 hours, "7 Siblings" sold 19,461 ETH ($88.2 million) at an average price of $4,532 per ETH. Earlier this year, they had bought 103,543 ETH ($2.297 billion) between February 3 and April 7 at a price of $2,219 per ETH.
according to Onchain Lens monitoring, Abraxas Capital holds short positions in BTC, ETH, SOL, HYPE, and SUI in two different wallets, currently facing a floating loss of 2.4478 billion US dollars. Most of the losses come from ETH, totaling over 1.887 billion US dollars.
the Swedish listed company H100 Group has completed a private placement, raising approximately SEK 65.3 million (USD 6.84 million). The issue price is SEK 7.94 per share. Since launching the Bitcoin Treasury strategy, the company has raised a total of approximately SEK 1.181 billion (USD 124 million).
CryptoQuant analyst CryptoOnchain stated that the price of Ethereum is approaching its all-time high, with trading volume also reaching a new high. Ethereum's network activity has surged to unprecedented levels, with daily transactions reaching around 1.875 million, setting a new record.