π€ #ETH staking is becoming a critical pillar of institutional infrastructure
Fundstrat sees Ethereum as the base layer for future banks β JPMorgan and Goldman are expected to stake ETH to secure their networks.
SEC filings also emphasize that staking doesnβt just reward validators β it strengthens Ethereum itself, making it more secure and efficient over time.
As stablecoin supply, validator count, and staked ETH all rise, Ethereum is evolving into the backbone of modern financial rails.
Fundstrat sees Ethereum as the base layer for future banks β JPMorgan and Goldman are expected to stake ETH to secure their networks.
SEC filings also emphasize that staking doesnβt just reward validators β it strengthens Ethereum itself, making it more secure and efficient over time.
As stablecoin supply, validator count, and staked ETH all rise, Ethereum is evolving into the backbone of modern financial rails.
ππΌ #NFT NFT's trading volume across all blockchains last week exceeded $140 million for the first time since January. NFT's trading volume on Ethereum has grown over 300% in the last two weeks - leading the growth.
NFT's total market capitalization has surpassed $6 billion. theblock
NFT's total market capitalization has surpassed $6 billion. theblock
πΊπΈ #BTC Trump posted the video at his Truth Social and added that it was "the best explanation of BTC ever."
ππ³ Whale Transactions:
1. James Wynn closed his longs on #ETH and #PEPE for a profit of $546k. He then opened a #DOGE long with 10x leverage, with a position of 61.5 million DOGE ($16.4 million) and a liquidation price of $0.2559;
2. Whale deposited 400 #BTC ($47.1 million) on Binance to lock in profits. He accumulated 1,500 BTC at an average price of $56,282 in June 2023 and November 2024 and still holds 1,100 BTC ($129 million).
3. Whale created a new wallet and spent 2,082 #ETH ($5.87 million) to buy 45 CryptoPunk #NFT;
4. Whale withdrew 13,224 ETH ($49.56 million) from OKX.
1. James Wynn closed his longs on #ETH and #PEPE for a profit of $546k. He then opened a #DOGE long with 10x leverage, with a position of 61.5 million DOGE ($16.4 million) and a liquidation price of $0.2559;
2. Whale deposited 400 #BTC ($47.1 million) on Binance to lock in profits. He accumulated 1,500 BTC at an average price of $56,282 in June 2023 and November 2024 and still holds 1,100 BTC ($129 million).
3. Whale created a new wallet and spent 2,082 #ETH ($5.87 million) to buy 45 CryptoPunk #NFT;
4. Whale withdrew 13,224 ETH ($49.56 million) from OKX.
πΈ #BTC Over the past 24 hours, contracts worth ~$346.97 million have been liquidated, of which longs have liquidated ~$161.99 million and shorts ~$184.98 million.
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πΊπΈπ£ #BTC Galaxy Digital CEO told CNBC that Bitcoin will replace gold and go to $1,000,000.
π° AguilaTrades closed short on #ETH with a >$8M loss and then went long. It came from a >$35m loss to >$3m profit and now back to a >$27m loss.
π Robert Kiyosaki continues: The bubbles are about to burst. When the bubbles burst, gold, silver and #BTC will likely burst too. The good news. If gold, silver and BTC prices collapse... I'll be buying.
πΊπΈπ€ US bank lobbies have urged the regulator to delay a decision on cryptocurrency companies' banking licenses until more details about their plans are known, saying allowing trading would be a "fundamental departure" from current policy. cointelegraph
π #ETH Ethereum core developers have tentatively chosen November to release the next major hardfork protocol called Fusaka, designed to make the network more efficient and scalable. cointelegraph
πββοΈ #AAVE Aave DAO voted at AFRC meeting to authorize Ink Foundation to launch a white label version of Aave V3. theblock.co
π€ #CFX Conflux plans to release a yuan-based offshore stablecoin and upgrade to version 3.0 in August. theblock.co
π #BTC Glassnode: All major Bitcoin cohorts by wallet size are back in near-perfect accumulation mode. Even >10K BTC whales are participating at levels last seen in Dec 2024. The alignment across wallet sizes suggests broad-based conviction behind the current BTC uptrend.
π’ The Altcoin Season Index is climbing rapidly, but only a handful of coins are seeing strong gains. If #ETH breaks above $4000, weβre likely to see a massive altcoin surge.