Altcoin leverage has swelled to unprecedented levels, setting the stage for violent swings if momentum cracks, according to a July 23 report by Glassnode.
The report highlighted that the combined futures open interest across Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) increased from $26 billion at the start of July to $44 billion, representing a 69% surge.
Daily increases have stayed...
Arthur Hayes, Chief Investment Officer at Maelstrom and former BitMEX CEO, has shared a highly optimistic outlook for Ethereum (ETH), predicting that the digital asset could reach a new all-time high of $10,000 by the end of the year.
In a July 23 blog post, Hayes described ETH as “the most hated large-cap crypto,” likening its current sentiment to Solana following FTX’s collapse in 2022 before...
Ethereum has had a significant expansion in liquidity over the past three months, with aggregated 2% market depth rising from $278.35 million on April 25 to $393.34 million on July 21.
This 41% increase comes from a clear buildup in resting orders on both sides of the order book, suggesting heightened participation by market makers and a larger buffer for volatile trading sessions.
Graph showing...
PUMP, the native token of memecoin launch platform Pump.fun, faces mounting selling pressure following its rapid price drop.
According to blockchain analytics firm SpotOnChain, 31.6% of the 10,145 successful presale participants have offloaded their PUMP tokens on decentralized exchanges.
Adding to the trend, 53% of presale buyers have moved their tokens to new wallets, including centralized...
Bitcoin reaching a $1 million valuation, once a fringe projection, has gained analytical grounding across financial models tied to supply shocks, institutional adoption, and long-term capital migration.
While that price remains far from guaranteed, recent analyses have raised the probability of a seven-figure print within the next decade, anchored around the post-2028 halving window and...
The US Securities and Exchange Commission (SEC) has issued a stay order on Bitwise’s bid to convert its over-the-counter (OTC) crypto index fund into a spot exchange-traded fund (ETF).
The decision came just hours after the SEC’s Division of Trading and Markets granted accelerated approval for the application on July 22.
The stay, issued by the SEC’s Office of the Secretary, temporarily suspends...
Spot Ethereum ETFs have drawn more than $4 billion in net inflows over a two-week streak ending Tuesday, including $533.9 million added yesterday alone.
That run pushed total assets across all eight U.S. funds to $19.85 billion, per SoSoValue. The streak began on July 3 and has yet to break, placing Ethereum far ahead in proportional supply absorption.
BlackRock’s ETHA product led the surge,...
Crypto prediction market Polymarket is considering launching its own stablecoin to gain control over the interest-bearing reserves currently backing USDC deposits on its platform, CoinDesk reported, citing sources familiar with the matter.
The deliberations reflect a broader industry trend as platforms seek to internalize stablecoin-related revenue, particularly in closed ecosystems.
The source...
Out of the 58 entities holding Ethereum (ETH) in their treasuries, the 10 public-listed companies have roughly $3.2 billion, equivalent to 865,265 ETH.
According to Strategic ETH Reserve data, four publicly listed companies recently added 113,300 ETH to their holdings. Furthermore, the number of entities jumped from 40 in June to 58 as of July 22.
GameSquare Holdings purchased 8,351.89 ETH in...
Cboe has submitted amendments for five crypto-related exchange-traded funds (ETFs) that would allow authorized participants to create and redeem shares in-kind, which is a positive sign for the approval of such funds.
Bloomberg ETF analyst James Seyffart shared on July 22 a screenshot of the exchanges’ docket showing the amended rule filings. The amendments relate to issuers ARK 21Shares, VanEck...