Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively.
Crypto sentiment stays fragile ahead of Fed rate decisionCrypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index. The index, which broadly tracks investor behavior, holds at 29 on Monday, down only marginally from 30 the day before. This prevailing market condition indicates that risk-off sentiment remains weak, aligning with the ongoing correction.
Crypto Fear & Greed Index | Source: AlternativeMeanwhile, investors are pricing in a 64% probability that the Federal Reserve (Fed) will hold interest rates steady in the 3.50%- 3.75% range on Wednesday.
At the same time, the market is pricing in a 36% chance of a hike to the 3.75%-4.00% range. Although recent data, including the Consumer Price Index (CPI), signaled that inflation eased in the United States (US) in June, fears of a regional escalation of the war in the Middle East could push the Fed toward a stricter monetary policy.
Loretta Mester, former Cleveland Fed President, said in an interview that the central bank officials “are going to have to ask themselves whether policy is at the right level to get inflation moving back down to 2%. Chair Warsh has been pretty vocal on saying that they’re not going to tolerate inflation.”
FedWatch tool | Source: CME GroupBitcoin spot Exchange-Traded Funds (ETFs) extended the bearish streak for a third consecutive day, with outflows approaching $12 million on Monday. According to SoSoValue data, institutional withdrawals totaled $225 million on Thursday and $240 million on Friday, undermining risk exposure.
Bitcoin ETF flows | Source: SoSoValueEthereum spot ETFs outpaced Bitcoin, as inflows returned, reaching roughly $9 million on Monday. This followed Friday’s $71 million in outflows, which snipped five days of inflows.
Ethereum ETF flows | Source: SoSoValueXRP spot ETFs posted very mild inflows totaling $592,000 on Monday, following three straight days of muted activity. Cumulative inflows edge higher to $1.50 billion, with net assets under management holding steady at $1 billion, according to SoSoValue.
XRP ETF flows | Source: SoSoValueTechnical outlook: Bitcoin bears tighten grip amid persistent lossesBitcoin trades around $63,460, keeping a bearish near-term bias as it holds below a dense pack of moving averages. The 50-day Exponential Moving Average (EMA) at $64,971 is the first cap on the upside, with the Parabolic SAR at $66,956 and the 100-day EMA at $67,651 reinforcing the notion of overhead supply.
Momentum is soft, with the Relative Strength Index (RSI) hovering near a neutral 46 on the daily chart and the Moving Average Convergence Divergence (MACD) histogram in negative territory, which together suggest a lack of buying conviction after the recent pullback.
BTC/USDT daily chartOn the topside, immediate resistance is defined by the 50-day EMA at $64,971, followed by the Parabolic SAR level at $66,956 and the 100-day EMA at $67,651. A sustained break above these would be needed to challenge the longer-term bearish structure, where the 200-day EMA at $73,237 marks a more significant barrier. With no nearby technical supports on the daily chart, key psychological demand levels at $63,000 and $60,000 will come in handy and encourage bulls to reengage.
Altcoins technical outlook: Ethereum and XRP face renewed headwindsEthereum trades near $1,880, holding a constructive near-term bias as price sits above the short-term 50-day EMA at $1,841 and the latest Parabolic SAR signal at $1,856. This positioning suggests underlying dip-buying interest, even as broader trend gauges remain overhead.
Momentum is mixed, with the RSI near 54 indicating neutral-to-firm traction on the daily chart, while the MACD histogram has slipped marginally negative, hinting that bulls may face a slower grind higher rather than a clean breakout.
ETH/USDT daily chartInitial resistance lies at the 100-day EMA around $1,933, with a stronger barrier emerging at the 200-day EMA near $2,155, where medium-term sellers are likely to defend the broader downtrend. On the downside, immediate support is implied by the Parabolic SAR at $1,856, followed by the 50-day EMA at $1,841. A daily close below this latter level would weaken the current bullish bias and open the door to a deeper corrective phase.
XRP, on the other hand, trades at $1.05 at the time of writing. The pair is pressed into the lower Bollinger Band near $1.05 acting as a pivot while price remains decisively below the indicator's middle layer at $1.10 and all three major moving averages, the 50-day, 100-day and the 200-day EMAs.
Momentum adds a soft negative tone as the RSI at 39 drifts below the midline on the daily chart and the MACD histogram holds slightly in negative territory, suggesting downside pressure is still dominant despite XRP's proximity to the Bollinger Band support.
XRP/USDT daily chartImmediate focus stays on the lower Bollinger Band layer at $1.05, where a sustained break would likely open the door to further selling toward key psychological levels such as $1.00. On the topside, initial resistance is lies at the Bollinger Band middle layer around $1.10, followed by the 50-day EMA at $1.13 and the upper Bollinger Band layer near $1.14. Above these barriers, the 100-day EMA at $1.22 and the distant 200-day EMA at $1.42 mark broader recovery hurdles that the pair would need to reclaim to neutralize the present bearish backdrop.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Singapore’s financial regulator wants banks to report their “cryptos,” but the instruction has nothing to do with disclosing Bitcoin, Ethereum or other digital-asset holdings.
TL;DR Banks must catalogue their cryptographic assets. “Cryptos” does not mean cryptocurrencies. Phased requirements arrive later in 2026. Vulnerable systems will migrate by priority. Crypto networks face similar security risks. In this case, “cryptos” refers to cryptographic assets: the encryption keys, digital certificates, signatures and algorithms protecting customer information, payment instructions and communication between financial institutions.
The Monetary Authority of Singapore will issue formal supervisory expectations later in 2026, according to Channel News Asia. Banks will receive progressive deadlines for identifying their cryptography, ranking vulnerable systems and preparing replacements that can resist future quantum attacks.
What Banks Will Need to Report MAS is not asking banks to publish their cryptocurrency portfolios. It wants each institution to maintain an internal inventory showing where cryptography is used across its operations.
That could include mobile banking systems, payment authorization, customer databases, internal communications, cloud platforms and services supplied by external technology companies.
Banks will also need to identify which systems rely on algorithms that powerful quantum computers may eventually be able to break. The most sensitive infrastructure can then be moved to the front of the migration queue.
MAS first outlined this approach in its advisory on quantum-related cybersecurity risks, which encouraged financial institutions to map their cryptographic solutions, assess vulnerable assets and review their ability to adopt new security standards.
The new supervisory expectations will turn that preparation into a more structured process with defined timelines.
The Most Exposed Systems Will Move First Not every system carries the same risk. Infrastructure used to authorize payments or protect long-lived customer records will require more urgent attention than information that loses its value quickly.
Banks must also account for encryption built into software, hardware and services operated by outside vendors. A financial institution may understand its own systems but still depend on a technology provider that cannot support newer algorithms.
MAS expects institutions to develop the expertise and governance needed to manage those dependencies. That means assigning responsibility, coordinating with suppliers and planning for older infrastructure that cannot be upgraded easily.
The regulator is aiming for Singapore’s financial institutions to become quantum-resilient before the end of the decade. MAS managing director Chia Der Jiun said experts estimate that quantum computers capable of breaking current encryption could emerge within five to 10 years, while a safe migration may itself take years.
Why Quantum Computers Threaten Encryption Modern banking security depends on mathematical problems that conventional computers cannot solve within a practical amount of time. These calculations protect encryption keys and digital signatures from unauthorized access.
A sufficiently powerful quantum computer could handle some of those problems far more efficiently, weakening widely used forms of public-key cryptography. Financial transactions, confidential communications and stored customer data could then become exposed.
That capability does not exist at the scale needed today. The concern is that banks cannot wait for the threat to become practical before finding and replacing cryptography spread across thousands of systems.
There is also a risk that attackers collect encrypted information now and attempt to unlock it years later. Data that must remain confidential for a long time may therefore require earlier protection.
Singapore’s Quantum-Safe Migration Handbook describes the transition as a multi-year process involving system discovery, risk assessment, testing and gradual deployment.
There Will Be No Single Quantum Upgrade Encryption is built into almost every layer of banking infrastructure, so replacing it through one large update would create its own operational and security risks.
The transition will instead happen in phases. Banks must test how post-quantum algorithms affect processing speed, system compatibility and connections with other financial institutions before using them in live services.
They will also need crypto-agility—the ability to replace algorithms and keys without rebuilding the systems around them. Institutions with rigid or outdated infrastructure may need to modernize those systems before adding quantum-resistant protection.
The first post-quantum standards finalized by NIST provide algorithms for encryption and digital signatures, but adopting them across complex financial networks will take considerably longer than publishing the standards themselves.
Why Crypto Networks Face the Same Problem The MAS requirements apply to financial institutions, but the underlying threat also matters to cryptocurrency networks. Blockchains depend on cryptographic signatures to prove ownership, authorize transactions and prevent funds from being moved without the correct private key.
Parts of the crypto sector are already exploring possible responses. Bitcoin developers have discussed a multi-year migration away from quantum-vulnerable wallet signatures, while a BNB Chain post-quantum test reportedly reduced cross-region throughput by about 40%, showing that stronger protection can create significant performance costs.
Banks and blockchains therefore face a similar trade-off. A new algorithm may offer stronger security, but it must still process transactions efficiently and work with existing wallets, applications and infrastructure.
Singapore Has Already Tested the Technology Singapore’s preparation has moved beyond policy guidance. MAS and the Banque de France completed a cross-border post-quantum cryptography experiment using quantum-resistant algorithms to sign and encrypt communications over conventional internet infrastructure.
The test showed that post-quantum protection can work across existing international communication channels. Wider deployment will still require banks to update certificates, key-exchange systems and technical standards shared with other institutions.
MAS is expected to publish its detailed supervisory expectations later in 2026. The progressive timelines will cover cryptographic inventories, migration priorities and the governance needed to oversee the transition.
For crypto readers, the headline may initially sound like Singapore is asking banks to disclose their digital-asset holdings. The real policy reaches further: the regulator is preparing the security behind digital finance for a threat that could eventually affect banks, payment networks and blockchains alike.
Quantum computers cannot break modern financial encryption at scale today. Singapore is acting now because replacing that security safely may take most of the decade.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The crypto market has dropped 2.8% in the past 24 hours to $2.24 trillion, with major cryptocurrencies leading the decline. Bitcoin fell around 2.7% to $63,400, while Ethereum dropped more than 3.2% to $1,874.
It’s not just the crypto market. Stocks are also facing heavy selling. South Korea’s tech-heavy KOSPI index plunged 10%, while Nvidia shares dropped around 5%.
Here are the key reasons why the crypto and stock markets are falling today.
Surging Fed Rate Hike ExpectationsOne of the biggest reasons is the upcoming FOMC meeting. Traders are becoming more worried that the Federal Reserve could raise interest rates instead of keeping them unchanged.
On the CME Fed Watch tool, the odds of a 25-basis-point hike have climbed to around 37%, compared with roughly 10% a week ago.
Higher rates can hurt crypto and growth stocks because investors may prefer safer assets that offer better returns.
AI and Chip Stocks Add More PressureThe sell-off is also spreading through technology and semiconductor stocks. South Korea’s KOSPI plunged more than 10%, while major chipmakers such as Samsung and SK Hynix faced heavy selling. The weakness has raised fresh concerns about whether the global AI investment boom is moving too fast.
Investors have poured huge amounts of money into AI infrastructure, but the market is now questioning how quickly those investments will generate returns.
That pressure has also reached U.S. markets, with Nvidia falling around 5% and other AI-linked stocks coming under pressure.
As technology stocks fall, investors are becoming more cautious across the wider market.
CLARITY Act Delay Adds to Crypto UncertaintyCrypto has also faced a separate setback after the U.S. Senate postponed work on the CLARITY Act.
The bill is designed to create clearer rules for the digital asset market. Its delay has reduced hopes for quick regulatory progress and added another concern for institutional investors.
However, the CLARITY Act delay is only one part of the current sell-off. The bigger pressure is coming from Fed uncertainty and the broader decline in technology and risk assets.
What’s Next for Bitcoin and Crypto?The market is now waiting for the Fed’s decision, with investors watching closely for any signal about future interest rates.
A surprise hike or a strongly hawkish message could put more pressure on Bitcoin and high-risk stocks. On the other hand, a rate hold with a softer outlook could ease selling pressure and trigger a relief rally.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
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Although Bitcoin and altcoins started the new week well yesterday, they experienced a sharp decline in the last 24 hours due to selling pressure from Asian markets and growing fears about a Fed interest rate hike.
While Bitcoin and Ethereum are under pressure at this point, their prices remain above their 50-day moving averages. According to one analyst, this is seen as a sign of an uptrend, but the overall market and other altcoins don’t have the same chance.
Market analyst Omkar Godbole noted that while Bitcoin and Ethereum are trading above their 50-day simple moving averages, only 29 of the top 100 cryptocurrencies by market capitalization are trading above their 50-day averages. This suggests a general bearish trend for the market.
According to the analyst, the 50-day simple moving average (SMA) is widely followed as a short-term trend indicator. And when the price breaks above this level, it is considered a sign that bullish momentum is forming.
However, the analyst noted that while BTC has stabilized after falling below $58,000, overall investor sentiment towards altcoins remains weak. Nevertheless, according to the analyst, there is still hope for altcoins.
At this point, the analyst, referring to Ethereum, the largest altcoin, having recently outperformed Bitcoin, said that this increases the likelihood that other altcoins will also see strong demand soon.
Finally, the analyst noted that the market is closely watching the Fed’s interest rate decision, which will be announced in September.
Matthew Ryan, Head of Market Strategy at Ivery, commented on this, saying, “Since the possibility of a September interest rate hike is already priced into the futures market, a hawkish shock that would significantly strengthen the dollar is unlikely.” This also means that a sharp drop in BTC is unlikely, as BTC and the Dollar Index (DXY) are inversely proportional.
*This is not investment advice.
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Clear Creek Financial Management, a Wall Street investment advisory firm with over $1.5 billion in assets under management (AUM), has revealed its crypto ETF investments. It has products pegged to Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) in its latest filing of Form 13F with the U.S. Securities and Exchange Commission (SEC).
Wall Street Firm Discloses Bitcoin, ETH, XRP, SOL Holdings The filing reflects the firm’s biggest crypto investment as the Bitwise Bitcoin ETF. It holds 304,155 shares, which valued at $9.69 million at the close of the reporting period. Clear Creek also held shares in the iShares Bitcoin Trust ETF, holding $477,412 worth of the fund, and the Grayscale Bitcoin Trust ETF, which has $248,539 worth of holdings.
Ethereum was also the second largest allocation of the firm’s crypto ETF. The filing revealed 337,162 shares of the Bitwise Ethereum ETF valued at $3.80 million. It also had 14,336 shares worth $170,455 of the iShares Ethereum Trust and 21,374 shares of the Grayscale Ethereum Staking ETF, valued at $321,251.
In addition to the two biggest cryptocurrencies, Clear Creek also had stakes in XRP and Solana ETFs. According to the filing, the firm held 11,621 shares of the Bitwise XRP ETF, which currently have a value of $135,501.
The investment manager stated he had 11,258 shares of the Bitwise Solana Staking ETF with a value of $112,693 in addition to 28,144 shares of the Grayscale Solana Staking ETF valued at $155,636 worth.
The filing comes as institutional interest in crypto ETFs expands. Moreover, the latest 13F filing reveals that Clear Creek Financial Management has a crypto strategy beyond Bitcoin and Ethereum as it is also holding XRP and Solana investment products.
If you’ve been scrolling past crypto headlines wondering what the CLARITY Act actually is, here’s the quick version, straight from Fundstrat’s Tom Lee.
What it actually does
Right now, crypto in the US doesn’t have one clear rulebook. The CLARITY Act would fix that by creating a single national body to oversee it, the CFTC. That matters more than it sounds like it should.
Here’s why. Big banks and asset managers want to build stablecoin systems and put real-world assets on the blockchain. But if every state gets to set its own crypto rules, companies get nervous fast. Nobody wants to build a nationwide product only to find out Texas and New York disagree on how it should work.
Who’s actually backing it
This isn’t a fringe crypto wishlist. Lee named Charles Schwab and Franklin Templeton as firms in favor, both big, mainstream financial names, not crypto startups.
The comparison that makes it click
Lee’s best explanation is that this is crypto’s “1934 moment.”
Back in 1934, the US created the SEC because investors were dealing with a patchwork of conflicting state rules and couldn’t function that way. Crypto is stuck in that exact same mess right now. One clear federal standard replaces fifty different ones.
He also pointed out something bigger happening underneath. Crypto is turning money into software. Loyalty points, reputation scores, all kinds of things can now function like currency. That’s exactly the kind of shift that needs one clear referee, not fifty.
The clock is ticking, and other countries aren’t waiting
Here’s the part that should actually worry people. Japan, Russia, and Europe are already passing similar rules. Lee thinks this is part of why crypto markets have been recovering, since the rest of the world is embracing it while the US risks falling behind.
Will it actually pass?
With only a few legislative days left before the midterms, Lee’s not fully confident. His read is that plenty of concessions have already been made to win over opponents, but some of them still want more before they’ll say yes. His honest take: “Anything could happen.”
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Morgan Stanley Brings Spot Ethereum and Solana Products to MarketMorgan Stanley Investment Management has officially launched two spot crypto exchange-traded products on NYSE Arca: the Ethereum Trust (MSSE) and the Solana Trust (MSOL). The two funds went live on July 28, providing investors with spot price exposure to $ETH and $SOL directly through an exchange-listed vehicle.
Both trusts offer exposure to the spot price of their underlying assets, alongside additional distributions from staking yields, and come to market with expense ratios of 14 basis points (0.14%). That fee represents the lowest disclosed rate in each respective market.
MSSE intends to stake between 50% and 80% of its underlying ETH, targeting a base network reward rate of around 1.7%, while MSOL plans to stake 100% of its SOL holdings, given Solana's higher network reward rate of approximately 3.4%. In both cases, 95% of those network rewards are distributed back to shareholders.
Building on Bitcoin Trust SuccessThe expansion into $ETH and $SOL follows the performance of the Morgan Stanley Bitcoin Trust (MSBT), which has maintained strong inflows even as many spot Bitcoin ETFs faced cooling demand and net outflows, adding $430.86 million in new assets since its April inception.
Each trust passively tracks the spot price of its respective asset using the CoinDesk benchmark rate settled at 4pm New York time, and does not use leverage, derivatives, or speculative trading techniques. The Bank of New York Mellon and Coinbase Custody serve as custodians for the Ethereum product. For the Solana Trust, staking is conducted through Figment, Galaxy Blockchain, and Coinbase Canada.
MSSE and MSOL are positioned to leverage Morgan Stanley's wealth advisor network and direct-to-consumer retail channel to drive fee-based inflows rather than relying solely on market sentiment. The launches mark a significant step in Wall Street's continued push into regulated digital asset products.
Sources:
ETF Trends: Morgan Stanley Launches New Spot Crypto ETFs
CoinPaprika: Morgan Stanley Targets ETH and SOL ETF Lead With 0.14% Fees
CryptoRank: Morgan Stanley Advances Ethereum and Solana ETF Plans With Updated SEC Filings
Morgan Stanley has launched new ETFs focused on Ethereum and Solana, offering the lowest fees in the market alongside staking rewards. These spot crypto ETFs hold ETH and SOL directly, differentiating them from futures-based alternatives. The introduction of staking capabilities allows the funds to earn network rewards, with 95% of these rewards returning to the funds, enhancing their appeal to investors. This development is seen as a significant step in the evolution of institutional crypto products, reflecting a broader trend toward yield-bearing investment options.
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In the context of prediction markets, this announcement appears to influence expectations around Ethereum’s future price. The market for Ethereum reaching $10,000 by the end of 2026 reflects slightly increased optimism, with odds showing a modest uptick. While current pricing suggests a low probability for Ethereum hitting this target, the launch of these ETFs could indicate growing institutional interest and potential upward pressure on Ethereum’s market value.
Key Takeaways Morgan Stanley’s launch of Ethereum and Solana ETFs appears to support increased institutional participation in crypto markets. The inclusion of staking rewards could enhance the attractiveness of these ETFs, potentially influencing Ethereum’s price trajectory. Market pricing suggests a slight increase in confidence regarding Ethereum’s prospects, though significant hurdles remain for reaching higher price targets. What to Watch Market participants will be observing the inflow levels into these new ETFs and their impact on Ethereum and Solana’s market dynamics. Attention will focus on whether these products stimulate broader institutional interest in cryptocurrencies, potentially driving price increases. Developments such as regulatory approvals for additional crypto ETFs, changes in staking participation rates, or shifts in market sentiment could further influence the outlook for Ethereum and Solana prices.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.5% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 13.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.7% — — View market → January 1 2027 3.1% — — View market → January 1 2027 3.8% — — View market → January 1 2027 9% — — View market → January 1 2027 44% — — View market → January 1 2027 9.5% — — View market → January 1 2027 3.6% — — View market → January 1 2027 43.5% — — View market → January 1 2027 21% — — View market → January 1 2027 20% — — View market → January 1 2027 84% — — View market →
Morgan Stanley’s Investment arm has launched its Ethereum and Solana ETFs as the Wall Street giant expands its crypto offerings. This follows approval from the NYSE Arca, with these ETH and SOL funds the first issued by a U.S. bank-affiliated asset manager.
Morgan Stanley Launches Solana and Ethereum ETFs In a press release, the asset manager announced the launch of its Ethereum and Solana ETFs. These funds will trade under the tickers MSSE and MSOL, respectively, and will track the Ethereum and Solana prices.
As CoinGape reported, Morgan Stanley received approval last week to list its ETH and SOL funds on the NYSE Arca. Both funds will offer staking to earn rewards on their holdings, while the asset manager will charge a management fee of 0.14%, which is notably one of the cheapest among the crypto ETF issuers.
The Ethereum and Solana ETFs launch follows the launch of the asset manager’s Bitcoin ETF earlier this year. The Bitcoin fund already boasts over $396 million in net assets, according to SoSoValue data.
It is also worth noting that the Morgan Stanley crypto ETFs are the first issued by a U.S. bank-affiliated asset manager. The Wall Street giant has on several occasions highlighted the growing demand for these crypto assets.
The launch of these funds also deepens the bank’s push into crypto. As CoinGape reported, Morgan Stanley’s E*TRADE recently completed the rollout of spot Bitcoin, Ethereum, and Solana trading to its customers. The bank has also applied for a crypto-focused national trust bank.
Crypto ETFs Continue To See Mixed Flows Crypto ETFs continue to see mixed flows amid Morgan Stanley’s launch of its Ethereum and Solana ETFs. Bitcoin ETFs are currently on a three-day streak of net outflows after 7 days of consecutive net inflows, according to SoSoValue data.
Meanwhile, the Ethereum ETFs have seen six days of net inflows out of the last eight trading days. Meanwhile, the Solana ETFs have recorded four days of net inflows over a similar period, with two days of zero flows during this period.
This comes amid the latest downtrend in the crypto market, with Bitcoin falling after a retest of the $65,000 psychological level. It also comes amid fading optimism that the Senate will pass the CLARITY Act before its August recess. As CoinGape reported, the Senate has put the CLARITY Act on hold in favor of other pending bills.
For more on institutional involvement in crypto, please check out our page on 8 Best Crypto Lending Platforms for Institutional Users
Zcash mainnet has activated the Ironwood upgrade, introducing a new privacy pool to enhance supply security.
According to official announcements, the Zcash Open Development Lab (ZODL) has activated the Ironwood (NU6.3) network upgrade at mainnet block height 3,428,143. The upgrade introduces a new privacy pool designed to enhance Zcash network security and enable independent verification of the integrity of its circulating supply. With Ironwood’s launch, the existing Orchard privacy pool will be restricted: funds transferred out of Orchard must go through a "gate mechanism" before entering Ironwood. Zcash states that Ironwood is an ecosystem-wide collaborative upgrade driven by the Orchard privacy pool security vulnerability discovered at the end of May this year. The vulnerability was patched via an emergency network upgrade; there is currently no evidence it was exploited, nor any indication that user funds or the total ZEC supply were compromised. Built on the revised Orchard protocol, Ironwood incorporates formal verification and independent security audits to further strengthen the protocol’s resilience against future supply integrity vulnerabilities. For users, existing funds in Orchard need to be migrated to the new Ironwood privacy pool. Wallets supporting Ironwood will provide migration paths, and ZODL users can complete the migration directly via the latest version of the app, with no need to create a new wallet or change addresses. Zcash notes that Ironwood’s launch will retain privacy features while delivering stronger verifiability and a long-term security foundation for the network.
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According to Yu Jing Monitoring, a crypto whale accumulated 9,891 ETH via Binance in 2024 at an average price of roughly $3,011. After holding the position for two years, the whale opted to cut half of their position at a loss, transferring 5,000 ETH (worth around $9.42 million) to Binance an hour ago, with an unrealized loss of $5.63 million.
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According to TechCrunch, Fish Audio announced Tuesday that it has closed a $50 million seed funding round. The round was led by Coreline Ventures and Capital Today, with participation from investors including 359 Capital, Parable, Play Time, Alphalist Partners, Bayhouse Ventures, Carya Venture Partners, and HF0. Fish Audio originated as a small project launched by Shijia Liao, a former NVIDIA researcher. Dissatisfied with the lack of high-performing synthetic speech technology in the market, Liao trained a speech generation model using a single GPU and open-sourced it. Today, the Fish Speech project repository has earned over 31,000 stars on GitHub, and is widely used by independent developers, game designers, and content creators. Over the past year, Fish Audio has rolled out 5 models: 4 speech generation models and 1 speech-to-text model. The company has open-sourced 3 of the speech generation models, while its latest S2.1 Pro model is currently only accessible via a paid API. Since its launch last year, the startup’s open-source and hosted model versions have attracted over 8 million users, with annual recurring revenue (ARR) hitting $21 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Since its launch, the HYPE spot ETF has outperformed Bitcoin, Ethereum, Solana, and XRP ETFs in terms of cumulative fund inflows by market capitalization.
The wave of spot ETFs, which began with the US SEC’s approval of spot Bitcoin ETFs in January 2024, is now continuing with the participation of many altcoins.
At this point, besides BTC, many altcoins such as Ethereum, XRP, and Solana have also received ETF approvals, and investor interest continues to grow.
At this point, the Hyperliquid (HYPE) ETF is attracting significant interest from investors.
Grayscale, a crypto asset management company, included noteworthy data in its latest analysis of the HYPE spot ETF.
According to the company’s assessment, the HYPE spot ETF has outperformed Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP spot ETFs in terms of cumulative fund inflows by market capitalization since its launch.
According to Grayscale’s analysis, the spot HYPE ETF stood out as the ETF product that attracted the fastest early-stage investor inflows. The firm noted that, based on the same timeframe, the HYPE ETF had the strongest start compared to its competitors.
Grayscale, which also examined other ETFs, noted that spot Bitcoin ETFs showed the most stable inflow trend, while ETH ETFs experienced a mid-period increase.
The analysis noted that Solana and XRP spot ETFs also saw strong investor interest and significant fund inflows in their initial phases.
However, Grayscale stated that, when compared to the same time period, the HYPE ETF had the strongest start ever. This, they said, indicates that investor demand for HYPE remains strong.
*This is not investment advice.
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Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.
Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.
Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.
Code exploits drove Ethereum incidents, while breaches of keys and signing infrastructure accounted for most Solana losses, according to the report.
Ethereum losses reflected the risks of high-value protocolsEthereum incurred the highest losses from incidents in H1 2026, with attackers primarily targeting vulnerabilities in applications built on the network.
Blockaid said code exploits dominated Ethereum incidents by count, with major losses also linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized exchange, was the only major Ethereum incident in the report classified as a user mistake.
Blockchain losses by network in the first half of 2026. Source: Blockaid.
Blockaid identified several common attack methods targeting Ethereum, including bugs in bridges and smart contracts, unauthorized access to privileged accounts and market manipulation techniques.
The report said Ethereum remains a major target because it hosts many of the crypto industry’s most valuable applications, including restaking platforms, stablecoins and decentralized exchanges.
Solana losses surged as attackers shifted focusSolana incurred nearly as much in losses as Ethereum during the first half of 2026, a sharp increase from the roughly $127 million in stolen funds the network recorded during 2025.
“2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the top chains by stolen-fund flow,” Blockaid CEO Ido Ben-Natan told Cointelegraph.
Blockchain losses by network in 2025. Source: Blockaid.
The change did not stem from a rise in smart contract exploits. Instead, compromised keys accounted for more than 98% of Solana’s losses, driven largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber groups.
Unlike Ethereum, where attackers primarily exploited vulnerabilities in protocol code, Solana incidents targeted signer infrastructure and organizational security, while a handful of code exploits involving Raydium and Volo accounted for the remaining losses.
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.
Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.
Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.
Code exploits drove Ethereum incidents, while breaches of keys and signing infrastructure accounted for most Solana losses, according to the report.
Ethereum losses reflected the risks of high-value protocolsEthereum incurred the highest losses from incidents in H1 2026, with attackers primarily targeting vulnerabilities in applications built on the network.
Blockaid said code exploits dominated Ethereum incidents by count, with major losses also linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized exchange, was the only major Ethereum incident in the report classified as a user mistake.
Blockchain losses by network in the first half of 2026. Source: Blockaid.
Blockaid identified several common attack methods targeting Ethereum, including bugs in bridges and smart contracts, unauthorized access to privileged accounts and market manipulation techniques.
The report said Ethereum remains a major target because it hosts many of the crypto industry’s most valuable applications, including restaking platforms, stablecoins and decentralized exchanges.
Solana losses surged as attackers shifted focusSolana incurred nearly as much in losses as Ethereum during the first half of 2026, a sharp increase from the roughly $127 million in stolen funds the network recorded during 2025.
“2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the top chains by stolen-fund flow,” Blockaid CEO Ido Ben-Natan told Cointelegraph.
Blockchain losses by network in 2025. Source: Blockaid.
The change did not stem from a rise in smart contract exploits. Instead, compromised keys accounted for more than 98% of Solana’s losses, driven largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber groups.
Unlike Ethereum, where attackers primarily exploited vulnerabilities in protocol code, Solana incidents targeted signer infrastructure and organizational security, while a handful of code exploits involving Raydium and Volo accounted for the remaining losses.
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
The Ethereum, Solana and Avalanche networks have never been more active with increasing transactions and plummeting costs. Yet, their tokens are collapsing. A troubling divergence that raises questions… is adoption enough to save prices?
In brief Transactions and efficiency explode on Ethereum, Solana and Avalanche, with costs divided by 3 to 10. Despite their growth, ETH, SOL and AVAX lose more than 50% of their value in one year. Token inflation, dilution of staking rewards and Layer 2 competition weigh on their prices. Crypto: Ethereum, Solana and Avalanche Break Records! In 2026, the blockchains Ethereum, Solana and Avalanche are running at full capacity and the numbers speak for themselves. Ethereum saw its transactions leap 68% in one year, rising from 121.1 million to 203.9 million in the second quarter of 2026. Solana and Avalanche follow the same trend, with transaction volumes doubling, even multiplying by ten, depending on the periods. Moreover, transaction fees have collapsed. On Solana, the average cost dropped to $0.005, compared to $0.030 a year earlier. Ethereum cut its fees by three, going from $1.08 to $0.31.
This performance is explained by major protocol improvements:
On Ethereum, the Dencun upgrade reduced Layer 2 costs by optimizing data storage; Solana benefited from Firedancer, a high-performance client that boosted its transaction processing capacity; Avalanche has, for its part, bet on subnets to scale its ecosystem. However, these technical advances have a hidden cost: validator revenues are collapsing. Indeed, with falling fees, rewards in native tokens (ETH, SOL, AVAX) melt away like snow in the sun. As a result, validators earn less, and crypto investors are questioning.
Why ETH, SOL and AVAX Collapse Despite Their Performances? Here lies the heart of the problem. Record activity does not translate into price increases. On the contrary, Ethereum (ETH) has lost over 50% of its value since July 2025, while Solana (SOL) and Avalanche (AVAX) have dropped 53% and 58% respectively. This dichotomy is explained by several factors:
Token Inflation: Staking rewards are mostly funded by the issuance of new tokens (93% for Ethereum, over 90% for Solana). As a result, a massive dilution of the value of existing tokens, especially if demand does not keep up.
The Law of Supply and Demand: This law works against these blockchains. Indeed, with an increasing supply of blockspace and stagnant demand, prices collapse. As Kam Benbrik, head of on-chain research at Bitwise, summarizes:
Networks are operating at full capacity… but no one wants to pay for the fuel.
Staking Becomes a Double-Edged Trap: With 40.2 million ETH (one-third of the total supply) currently staked, rewards are shared among an increasing number of participants, reducing individual returns. Bitmine, the largest Ethereum holder, stakes 4.9 million of the 5.8 million ETH it owns, illustrating this trend well.
Competition from Layer 2: Indeed, competition from Layer 2s like Arbitrum, Optimism or Base (Coinbase) captures an increasing share of transactions, depriving Layer 1s of potential revenue.
In the crypto ecosystem, record activity is no longer enough. Without strong demand, ethereum, solana and avalanche tokens are collapsing. In your opinion, should you bet on long-term adoption or fear a lasting crash? Do you think this divergence between adoption and price is a buying opportunity… or a sign of a structurally troubled market?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
As prices in Bitcoin and altcoins continue to fluctuate, this has also been reflected in spot ETFs.
At this point, there was an outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a net inflow.
According to Farside Investors data, US spot Bitcoin ETFs recorded a net outflow of approximately $11.6 million yesterday, July 27.
This marks the third consecutive day of outflows from BTC ETFs, although the rate of outflows has begun to slow.
BlackRock’s IBIT fund led the way in Bitcoin ETF outflows with $8.8 million, followed by Fidelity’s FBTC fund with $2.8 million.
While no outflows were recorded except for two funds, Bitwise’s BITB; Ark Invest’s ARKB; Grayscale’s GBTC; Grayscale’s Mini BTC; Morgan Stanley’s MSBT; Wisdom Tree’s BTCW; VanEck’s HODL; Invesco’s BTCO; Franklin Templeton’s EZBC; and Valkyre’s BRRR fund recorded 0 flows.
Ethereum and Altcoins Are in a Mixed State! In contrast, Ethereum ETFs experienced inflows. According to Farside Investors data, US spot Ethereum ETFs recorded net inflows of approximately $11.7 million on July 27th. This signifies a reversal of the net outflows.
In ETH ETFs, BlackRock’s ETHA fund was the only fund to experience inflows, recording $11.7 million.
In contrast, Fidelity’s FETH; Grayscale’s Mini Ethereum (ETH); BlackRock’s ETHB; Bitwise’s ETHW; 21Shares’ TETH; VanEck’s ETHV; Invesco’s QETH; and Franklin Templeton’s EZET fund all recorded 0 flows.
Lastly, spot Solana ETFs recorded a net inflow of $1 million, while HYPE saw an outflow of $2.9 million, and XRP ETFs experienced neither inflow nor outflow.
*This is not investment advice.
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According to The Wall Street Journal, Morgan Stanley Investment Management today announced the launch of two new Exchange-Traded Products (ETPs): the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). Each product is designed to track the performance of ETH and SOL, the native digital assets of the Ethereum and Solana blockchains respectively. The launch of MSSE and MSOL marks Morgan Stanley’s further expansion of its crypto asset investment product portfolio, providing institutional and individual investors with additional avenues to participate in the digital asset market via traditional financial channels.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Hayes Deepens ETH Position With Latest PurchaseBitMEX co-founder Arthur Hayes has acquired another 3,298 $ETH, valued at approximately $6.32 million, according to on-chain analytics platform EmberCN. The transaction brings his total Ethereum accumulation to roughly 7,212.6 $ETH, representing around $13.82 million invested since mid-July.
Funds for the latest purchase were withdrawn from prime brokers FalconX and Galaxy Digital before the trade was executed, a routing pattern consistent with his earlier buys. Hayes first re-entered Ethereum on July 15, acquiring more than 1,900 $ETH worth about $3.7 million, with his opening purchase of 646 $ETH executed through an OTC trade with Galaxy Digital.
The July buying streak follows Hayes selling 6,000 $ETH at a roughly $606,000 loss in June. The reversal in positioning has drawn close attention from market watchers tracking large on-chain flows.
A Pattern of Bold, High-Profile TradesHayes has built a reputation for making bold, high-profile calls on tokens, only to exit or reverse several of them shortly after, drawing scrutiny over his pattern of buying loud and selling quiet. His latest accumulation run is no exception, with each transaction logged publicly on the blockchain and flagged by multiple analytics providers.
Spot Ethereum exchange-traded funds have added to the broader bullish narrative, attracting $104 million in net capital during the July 20 to 24 period, extending a positive inflow streak to three consecutive weeks, according to Wu Blockchain.
Hayes currently serves as Chief Investment Officer of Maelstrom, his family office focused on digital assets and DeFi. After receiving a full presidential pardon from Donald Trump in March 2025, Hayes re-emerged in that role, focusing on dollar liquidity dynamics and the long-term institutionalization of the crypto economy.
With his latest purchase, Hayes has now committed over $13 million to $ETH in under two weeks, cementing his position as one of the most closely watched individual accumulators in the current cycle.
Sources:
Bitcoin Foundation: Arthur Hayes Buys $3.7M Ethereum After June Loss
BeInCrypto: Arthur Hayes Buys Back Into Ethereum Weeks After Selling 6,000 ETH at a Loss
Blockonomi: Ethereum Price Eyes Major Breakout After Arthur Hayes $2.5M Purchase
BitMEX’in kurucu ortağı Arthur Hayes, Ethereum (ETH) fiyatındaki geri çekilmeye rağmen alımlarını sürdürdü. Hayes, son işleminde 3.298 ETH satın almak için yaklaşık 6,39 milyon dolar harcadı. Ancak bu alımdan yalnızca birkaç saat sonra Ethereum yaklaşık yüzde 5 değer kaybetti.
Ethereum’daki geri çekilme yalnızca Hayes’in pozisyonuyla sınırlı değildi. Kripto para piyasası genelinde görülen satış baskısı, yatırımcıların bu hafta sona erecek ABD Merkez Bankası (Fed) toplantısı öncesinde temkinli hareket etmesine neden oldu.
Hayes’in Ethereum yatırımı zarara geçti On-chain verilere göre Hayes, 15 Temmuz’dan bu yana tezgâh üstü (OTC) işlemlerle toplam 7.213 ETH satın aldı. Yaklaşık 13,87 milyon dolarlık bu alımların ortalama maliyeti 1.923 dolar olarak hesaplandı.
Ethereum’un 1.960 dolardan 1.872 dolara gerilemesiyle birlikte Hayes’in mevcut pozisyonunda gerçekleşmemiş zararı yaklaşık 368 bin dolara ulaştı.
Hayes’in son alımları Galaxy Digital, FalconX ve Cumberland üzerinden gerçekleştirilen OTC işlemleriyle dikkat çekti.
Ethereum’da ikinci kez pozisyon oluşturuyor Hayes, haziran ayının sonunda Ethereum pozisyonunu yaklaşık 606 bin dolar zararla kapatmıştı. Ardından ETH’nin 1.750 doların üzerine toparlanmasıyla birlikte 15 Temmuz’dan itibaren yeniden alım yapmaya başladı.
Bu süreçte kurumsal yatırımcıların Ethereum’a yönelik ilgisinin artması da dikkat çekiyor. Fundstrat Araştırma Başkanı Tom Lee, BlackRock’ın tokenize fonu ve Robinhood’un Ethereum tabanlı girişimlerini örnek göstererek kurumsal benimsenmenin güçlendiğini savunuyor.
Gözler Fed toplantısında Ethereum’daki son düşüş, kripto para piyasasındaki genel satış dalgasıyla aynı döneme denk geldi. Yatırımcılar bu hafta tamamlanacak ABD Merkez Bankası (Fed) toplantısından çıkacak faiz mesajlarını yakından takip ediyor.
Ethereum’un yeniden 1.900 dolar seviyesinin üzerine çıkıp çıkamayacağı, kısa vadeli fiyat görünümü açısından kritik önem taşıyor.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Ethereum odaklı hazine şirketi BitMine, ETH birikim stratejisini hız kesmeden sürdürüyor. Şirket, geçtiğimiz hafta portföyüne 9.946 Ethereum (ETH) daha eklerken, aynı zamanda milyonlarca adet hissesini geri satın aldı. Açıklamanın ardından BitMine’ın BMNR hisseleri yüzde 5’in üzerinde değer kazanırken, şirketin toplam Ethereum varlıkları dolaşımdaki arzın yaklaşık %4,8’ine ulaştı.
BitMine Portföyüne 9.946 Ethereum Daha Ekledi BitMine tarafından yayımlanan açıklamaya göre şirket, geçtiğimiz hafta 9.946 ETH satın alarak yıl başından bu yana sürdürdüğü haftalık Ethereum alımlarına bir yenisini ekledi. Son alımla birlikte şirketin elindeki toplam Ethereum miktarı 5.787.414 ETH’ye yükseldi. Bu rakam, dolaşımdaki toplam Ethereum arzının yaklaşık %4,8’ine karşılık geliyor. BitMine ayrıca 4.917.189 ETH’yi stake ederek yaklaşık 9,6 milyar dolarlık stake edilmiş varlığa ulaştı. Şirketin stake edilen Ethereum varlıkları, toplam portföyünün yaklaşık %85’ini oluşturuyor.
İlginizi Çekebilir: Solana’da Yükseliş Umudu: Analistler Kritik Desteğe Dikkat Çekti!
BitMine yalnızca Ethereum alımlarını değil, hisse geri alım programını da sürdürüyor. Şirket geçen hafta 6,1 milyon adet BMNR hissesini geri satın alırken, bu rakam önceki haftadaki 5,5 milyon hisselik geri alımın üzerine çıktı. BitMine Yönetim Kurulu Başkanı Tom Lee, ETH/BTC oranındaki yükselişi kripto piyasasının güçlendiğine dair önemli bir sinyal olarak değerlendirdiklerini belirtti. Lee, bu nedenle hisse geri alımlarını artırdıklarını ifade ederken, şirketin 4 milyar dolarlık geri alım programı kapsamında bugüne kadar toplam 11,6 milyon hisse satın aldığını açıkladı.
BMNR Hisseleri Yükseliyor Şirketin son açıklamalarının ardından BMNR hissesi ön piyasa işlemlerinde yüzde 5’in üzerinde yükselerek yaklaşık 16 dolar seviyesine çıktı. Bu yükseliş, Ethereum fiyatının yeniden 1.900 dolar seviyesinin üzerine çıkmasıyla aynı döneme denk geldi. BitMine’ın bilançosunun büyük bölümünün Ethereum varlıklarından oluşması nedeniyle BMNR hisseleri de çoğu zaman ETH fiyatındaki hareketleri yakından takip ediyor. Bu nedenle Ethereum’daki güçlü performans, şirket hisselerine yönelik yatırımcı ilgisini de artırabiliyor.
Tom Lee ayrıca Ethereum’un son dönemde 10 haftanın en yüksek seviyelerine ulaştığını belirterek, teknik görünümde 2.000 ve 2.500 dolar seviyelerinin önemli hedefler olarak öne çıktığını ifade etti. Lee’ye göre DeMark Analytics’in teknik analizleri de bu yükseliş senaryosunu destekliyor. Ethereum’da yükseliş trendinin korunması halinde hem şirketin varlık değerinin hem de BMNR hisselerinin performansının olumlu etkilenebileceği değerlendiriliyor.
Değerlendirme BitMine’ın hem Ethereum alımlarını hem de hisse geri alım programını sürdürmesi, şirketin uzun vadeli büyüme stratejisine olan güvenini ortaya koyuyor. Toplam ETH arzının yaklaşık %4,8’ini elinde bulunduran şirket, Ethereum ekosistemindeki en büyük kurumsal yatırımcılardan biri olmayı sürdürüyor. Ethereum fiyatındaki yükselişin devam etmesi halinde hem BitMine’ın bilançosu hem de BMNR hisselerinin performansı yatırımcılar tarafından yakından takip edilmeye devam edecek.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Conversation around Ethereum [ETH] likely entering an uptrend phase has grown louder, especially as market sentiment continues to flash positive signals.
The total crypto market capitalization has absorbed roughly $57.39 billion in inflows since the low on the 24th of July, and that liquidity has helped power Ethereum’s recent outperformance.
Structural patterns and market correlations point to fractal setups, which have often preceded a rally, suggesting more upside could follow.
Ethereum-Bitcoin correlation points higher The ETH/BTC pair has printed its highest weekly close in 12 weeks—roughly three months—settling at 0.0289.
The ratio has continued to climb, and the move looks constructive given it now trades well beyond the descending resistance line on the chart.
Source: TradingView Historically, this kind of breakout suggests capital is rotating into Ethereum before spilling into the broader altcoin market, often giving altcoins room to outperform.
The analyst Daan Crypto noted that the trend looks bullish, though several conditions still need to clear before that momentum can carry Ethereum higher.
His setup calls for ETH/BTC to reclaim both the 200-period moving average (MA) and the 200-period exponential moving average (EMA), while holding above 0.03—a level the pair currently sits above.
Source: TradingView/X Ethereum’s outlook stays bullish Analysts largely lean bullish, and most see a strong chance Ethereum extends its run. Michael Van de Poppe has trained his focus on the short-term picture, reading the recent surge as a breakout from support near $1,825.
Source: X Within his target zone, he expects Ethereum to revisit the local high it set earlier, near $2,464. Van de Poppe added,
“This build-up of ETH is about to break towards $2,000+ for the first time in more than two months.”
On a broader time frame, his outlook turns even more bullish, with price settling into the same structure that preceded the rally after the COVID-19 crash—a bullish triangle.
According to his read, a hold at the triangle’s support would open the door for Ethereum to rebound and extend higher, with his chart work pointing to a long-term target between $12,000 and $17,000.
Is the bottom in? The Puell Multiple, a cyclical indicator widely used to gauge whether the crypto market is over- or undervalued, offers another clue.
The metric has just climbed out of undervaluation territory, signaling that capital is gradually flowing back into the market.
Source: CoinMarketCap Sustaining that recovery over time will be key for the market to find balance, particularly in the near term.
Final Summary Ethereum’s strength against Bitcoin has reached a level not seen in three months, a shift that historically clears the way for altcoins to rally. Analysts are leaning bullish, with short-term targets near $2,464 and longer-term calls stretching as high as $12,000 to $17,000 if support holds.
Ethereum price today: $1,950BitMine bought back 6.1 million shares of its common stock last week, boosting its total repurchased shares in July to 11.6 million.The company also acquired 9,946 ETH following the top altcoin's rising relative strength against Bitcoin.ETH has to hold the 100-day EMA as support to improve the constructive bullish bias.Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) increased its share buybacks last week while scooping extra tokens into its ETH stash.
The Las Vegas-based firm bought back 6.1 million shares of its common stock last week, following a 5.5 million share purchase the prior week. The move boosted the total number of shares repurchased under its previously authorized $4 billion share buyback program to 11.6 million.
"With over 11 million shares of common stock repurchased, BitMine has executed the largest ever common stock buyback for any ETH or Bitcoin Digital Asset Treasury,” said BitMine Chairman Thomas Lee in a Monday statement.
Lee added that the continued share buybacks reflect an outlook that crypto prices are strengthening due to a rise in the ETH/BTC ratio, which hit a 3-month high of 0.300.
"ETH prices are now reaching a 10-week high and as many technical strategists have highlighted, we believe the next key levels to clear are $2,000 and $2,500 for ETH,” stated Lee.
In a report last week, CryptoQuant analysts highlighted that ETH is showing signs of a bottom, but it has yet to validate key relative signals against Bitcoin.
BitMine also scooped 9,946 ETH last week, bringing its stash of the top altcoin to 5.787 million ETH. That represents 4.8% of ETH's circulating supply, the company claimed. From its treasury, BitMine has staked 4.917 million ETH through its Made in America Validator Network (MAVAN), generating annualized staking revenue of $254 million.
BitMine pivoted to an ETH treasury last year with plans to accumulate 5% of the altcoin's supply.
In addition to its ETH treasury, the firm holds a $180 million stake in Beast Industries, $61 million in Eightco Holdings (ORBS) shares, 208 Bitcoin (BTC) and total cash and marketable securities of $268 million.
Meanwhile, US spot ETH exchange-traded funds (ETFs) continue their recovery, attracting $103.9 million in net inflows last week, according to SoSoValue data. The products have now marked a third consecutive week of net inflows, with total net assets rising above $10 billion.
Ethereum technical analysis: ETH faces 100-day EMA test again after weekend bounceEthereum saw $142 million in liquidations over the past 24 hours, driven by $104.2 million in short liquidations, per Coinglass data.
The move comes as ETH bounced off the convergence of the 20- and 50-day Exponential Moving Averages (EMAs) at $1,862 and $1,842, respectively, over the weekend before tackling the 100-day EMA at $1,937. Momentum gauges back this positive tone, with the 14-day Relative Strength Index (RSI) near 63 and the Stochastic Oscillator (Stoch) deep in overbought territory around 85, suggesting upside pressure persists but leaving the token vulnerable to bouts of consolidation or shallow corrections.
On the topside, the top altcoin is facing resistance around $1,950 after a slight rise above the 100-day EMA. ETH has to hold the long-term moving average as support and reclaim the $2,018 and $2,107 levels to improve the bullish bias. A daily close above these would open the door toward $2,211 and, beyond that, the medium-term hurdles at $2,388 and $2,746.
ETH/USDT daily chartOn the downside, first support is located at $1,909, ahead of the 20- and 50-day EMAs at $1,842, while a deeper setback would bring $1,806 and $1,741 into view. Further down, the $1,524 and $1,404 levels will likely come into play only if the current bullish structure breaks decisively.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
The daily Market Value to Realized Value (MVRV) ratio of Ethereum (ETH) has decisively crossed above its 160-day Simple Moving Average. Known as a Golden Cross, the move signals the end of ETH’s capitulation phase, and the beginning of a bullish reversal.
Source: X
Ethereum Golden Cross and bullish supportersIn the past three years, a Golden Cross preceded major ETH recoveries as the accumulation regime overpowered distribution. This was seen in early 2023, late 2023-Q1 2024, Q2 2024 and Q3 2024 where the price of ETH surged by 50%, 166%, 74% and 113% respectively.
Data also reveals renewed institutional engagements, with the past week marking the third consecutive week of spot Ethereum ETFs inflows. That week brought in $103.9 million, bringing July’s total net inflows to $337.74 million.
In the same week, Bitmine, the largest public Ethereum treasury firm, purchased over 9,900 ETH. This contributed to the coin’s 27% hike in the past month.
Even more, whales have been aggressively accumulating the digital asset since June. Wallets of mid-tier whales (holding 1,000 – 10,000 ETH) increased from 4,750 in June to 4,850 by late July. Wallets of mega-whales (holding over 100,000 ETH) collectively hold 17.41 million ETH (over 22% of the total circulating supply).
Ethereum buy demand has also been outpacing that of Bitcoin in the past month as shown by the rising ETH/BTC ratio below.
Source: Trading View
Additionally, the amount of ETH staked has risen from 63 billion in July 1, to a present 77 billion, indicating positive sentiment in the network.
Key price support and resistance zonesETH is up 0.85% in the past 24h, wiping out over $100 million in short liquidations and bringing its current price to $1,939.
To maintain the Golden Cross, bulls need to defend the $1,850 – $1,900 demand zone. Further reclamation of prices above the 200-day MA ($2,134) is necessary to confirm a true macro trend reversal. This would also open the way to the $2,300 resistance zone.
Key events that could impact the near-term price of Ethereum include upcoming Fed rates announcement. Others are the tentative Senate floor vote on the CLARITY Act on August 3 and the Middle East conflict.
Story Ends Here
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Bitmine Immersion Technologies (BMNR) shares popped 13% Monday after a fresh treasury update. It was the best-performing stock of the day on Wall Street. The Ethereum (ETH) firm’s $11.8 billion in crypto, cash, and equity stakes reassured Wall Street investors.
The company now holds 5.79 million ETH tokens, equal to 4.8% of Ethereum’s 120.7 million circulating supply. That puts Bitmine very close to its 5% accumulation target it set 13 months ago.
BitMine Buybacks Signal ConfidenceBitmine repurchased 6.1 million shares last week, up from 5.5 million the week before. That brought total repurchases to 11.6 million shares since July 1, under a $4 billion buyback program. Bitmine unveiled that program at its April NYSE main-board debut.
BitMine’s stock was the best-performing in the US on Monday. Image Source: TradingViewChairman Tom Lee framed the accumulation as a long-term commitment rather than opportunistic trading.
“Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025.”
— Lee
The firm also runs MAVAN, its own Ethereum staking network, which now holds 4.9 million staked ETH. Bitmine currently projects $254 million in annualized staking revenue. That could reach $299 million once its entire ETH position is staked.
A Wider Institutional BetBackers including Cathie Wood’s ARK Invest, Pantera Capital, and Galaxy Digital have supported Bitmine’s strategy. That reflects institutional appetite for Ethereum treasury companies well beyond retail traders.
BMNR now ranks among the most actively traded US stocks by dollar volume, Fundstrat data show.
The rally comes as other Ethereum treasury firms, including SharpLink, keep building ETH positions despite a choppy year. Whether Bitmine’s buyback pace and staking revenue hold up may determine if Wall Street’s patience with crypto treasuries continues.
U.S. spot Ethereum exchange-traded funds attracted $103.90 million in net inflows for the week of July 20–24, outpacing Bitcoin funds by a factor of roughly three, according to data reported by SoSoValue. The weekly total for Bitcoin ETFs was $33.79 million.
The flow divergence caps a volatile week for Bitcoin funds. After three consecutive sessions adding $227 million, $203 million, and $69 million respectively, Bitcoin ETFs saw $225 million and $240 million in outflows on Thursday and Friday, erasing most of the week's gains. Ethereum funds, by contrast, held relatively steady across all five sessions.
The flow picture for the week masks a more important pattern. This is now the third time in 2026 that Ethereum ETF weekly inflows have exceeded Bitcoin ETF weekly inflows. A similar divergence occurred in mid-July, when ETH funds took in $105.44 million against BTC funds' $75.67 million, and in April, when Ethereum funds recorded $187 million in weekly inflows during a period when Bitcoin funds posted $325.8 million in single-day outflows.
Within Bitcoin funds, the flow picture is not uniform. BlackRock's IBIT saw $95.5 million in outflows for the week, while the Bitcoin Mini Trust from Grayscale added $85.8 million and ARKB added $78.1 million. The rotation among Bitcoin ETF products—rather than outright outflows from the category—suggests some institutional allocators are redistributing Bitcoin exposure across fund issuers while simultaneously adding Ethereum exposure.
Ethereum ETFs have now accumulated approximately $11.68 billion in net inflows since launch, according to CoinDesk citing Artemis. Bitcoin ETFs remain in net outflow territory year-to-date, down approximately $4.76 billion for 2026 despite the recent inflow streak.
The flow data is consistent with allocator commentary noting that Ethereum's appeal extends beyond price exposure. Research published by BRN has characterized July as a "repair phase" for crypto markets rather than a breakout, with institutional demand remaining cautious but selectively directed toward Ethereum on expectations of network activity, stablecoin infrastructure, and corporate treasury use cases.
Hyperliquid-protocol wrapper funds – marketed under the HYPE ticker – posted a second consecutive weekly outflow of $8.61 million, bringing total assets down approximately 18% from their July 10 peak. The outflows reflect persistent competition from low-cost crypto ETFs, which offer exposure to digital asset markets at a fraction of the fee complexity of native protocol tokens.
Bloomberg ETF analyst Eric Balchunas has noted that spot crypto ETFs charging a few basis points represent a structural challenge to exchange business models that rely on higher-margin token trading.
ETFs are a nightmare for high margin intermediaries. You can get all the coins now via ETF for trading fee of 1-3bps. Crypto exchanges can’t compete w that.
— Eric Balchunas (@EricBalchunas) July 26, 2026 The data challenges any simple narrative about institutional crypto allocation. Bitcoin funds are not uniformly losing ground – three-week inflow streaks and mid-week totals show genuine demand. But Ethereum's consistent outperformance across distinct periods in 2026 points to a more deliberate allocator preference that is not fully explained by price movements alone.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Per official announcement, Binance will discontinue support for the Sophon (SOPH) mainnet and enable SOPH deposits and withdrawals via the Ethereum (ERC20) network. The announcement states that starting August 4, 2026, at 08:00 UTC, Binance will suspend SOPH mainnet deposit and withdrawal services. Following the migration, the Sophon mainnet will no longer be used for deposit and withdrawal activities. Binance noted that it will handle all technical operations required for the migration, and spot, leverage, contract trading, and Binance Earn services will remain unaffected. During the migration, SOPH will be migrated at a 1:1 ratio from the Sophon mainnet to the Ethereum (ERC20) network. Users do not need to take manual action, but should monitor subsequent network adjustments for deposits and withdrawals.
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Singapore-based digital asset investment firm Psalion closes a new $50 million fund.
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Yesterday, Bitcoin spot ETFs posted a net outflow of $11.6 million, while Ethereum spot ETFs saw a net inflow of $11.7 million.
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Some traders dismissed the ambitious forecast, while others argued a five-figure ETH price is far from unrealistic.
Pseudonymous trader CrediBULL Crypto is calling for Ethereum (ETH) to reach $20,000 or higher, repeating a target he first laid out three weeks ago when the token was trading near $1,500.
According to him, Ethereum is finishing a multi-year base against Bitcoin (BTC) and is about to enter its first bull run since 2017.
The Charts Behind the $20K Call Responding to a claim by alphatracker that ETH would go to $10K+, CrediBULL simply posted “$20K+,” and shared a link to a video where, instead of presenting the target as speculation, he built his case around long-term chart structures on both the ETH/USD and ETH/BTC pairs.
“I’ve always said $10K is the absolute minimum. I think $20K is realistic..,” the analyst said in the video. “I’m not going to say it’s a given… but $20K is super, super reasonable.”
He noted that Ethereum has spent years underperforming Bitcoin, leaving market sentiment at levels similar to previous cycle lows. But he argued that the ETH/BTC chart has finally reached what he considers to be a long-term accumulation zone after about four years of decline, and from there, he expects the world’s second-largest cryptocurrency to build a base before beginning what he described as the next impulsive move higher.
His next thesis tracked the ETH/USD chart itself, with the trader saying that Ethereum has completed the first leg of a larger five-wave structure and is now holding above an invalidation level near $1,385.
According to him, if that support stays intact, then the next advance could push ETH to around $10,000 before a later wave carries it above $20,000. He also argued that historical ETH/BTC ratios point to similar price levels if Bitcoin returns to its previous highs or continues into another expansion phase.
Furthermore, Credibull drew a comparison to April last year, when Ethereum sat near the same price it’s at right now and was widely written off as finished, only to break its all-time high a few months later. He said that the setup looks similar today, with the price holding above its last low rather than breaking it, something he treats as a sign that the broader uptrend is still intact.
You may also like: Nobody Wants to Unstake Ethereum Anymore: Here’s Why It’s a Big Deal Ethereum Bear Market Bottom Is In: Analyst Eyes $7K Long-Term Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts Similar sentiments were shared by trader Saiyan, who set a base case of $10,000 for the cycle, prompting a pushback from Cheds Trading, who simply wrote, “That’s not happening.” But another market watcher, Sykodelik, sided with the bulls, arguing that a move above $10,000 should not be treated as unrealistic, given that it was just 2 times the Ethereum all-time high.
Where ETH Stands Now ETH was trading above $1,900 at the time of writing, having gained nearly 4% in 24 hours and about 24% over the past month, according to CoinGecko data.
The token is still 60% below its ATH, and other analysts have flagged similar bottoming signals in recent weeks. For example, NoName pointed to a pattern of four lower highs as evidence that the bear market has already found a floor, while chartist Ali Martinez noted a bullish crossover in the asset’s MVRV ratio.
Funding rates on Binance have also climbed to their highest level in six months, something analysts at CryptoQuant say shows that sentiment has started to turn even though the price is still well below where it was around the same time last year.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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SOON has completed its security incident review, confirming that neither the protocol nor user assets were affected, and its mainnet RPC has been restored.
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@LidoFinance has launched its largest protocol upgrade since 2023, beginning the migration of more than 8 million $ETH, worth roughly $16.5 billion, to its new Curated Module v2 (CMv2) architecture. The move, which the Lido DAO approved on July 23, 2026 following audits and testnet trials, represents a fundamental restructuring of how the dominant liquid staking protocol manages its validator infrastructure.
What Is Changing and Why The upgrade is a direct response to Ethereum's Pectra hard fork, activated in May 2025. Pectra introduced 0x02 validators via EIP-7251, raising the maximum effective balance per validator from 32 ETH to 2,048 ETH, enabling large operators to consolidate hundreds of smaller nodes into a far leaner set. Lido is now doing exactly that at scale.
Before the upgrade, Lido needed a massive fleet of validators to manage its position as the dominant liquid staking provider, with each capped at 32 ETH. CMv2 allows those validators to be folded together. The migration will consolidate over 265,000 validators and is expected to take months, paced by Ethereum's activation queue.
The network-level effects are significant. The shift is expected to cut Ethereum's total validator count by about one third and reduce attestation messages by roughly 29% per epoch, easing load on the consensus layer without directly affecting gas fees or transaction speeds. Lido controls a substantial share of all staked ETH, which means its infrastructure decisions carry consequences for the entire network.
New Accountability Requirements for Node Operators Beyond the technical consolidation, CMv2 introduces a meaningful governance change. For the first time in Lido's five-year history, operators in the curated module will be required to back their performance with locked ETH bonds, adding financial penalties to a system that previously relied on reputation and track record. All 34 curated node operators are expected to complete the migration under the new framework.
Under CMv2, these bonds cover risks including slashing, execution layer reward violations, and operational failures. Lido also noted a minor yield impact: the protocol estimates the migration will reduce annual staking yield by approximately 0.28%, with losses only likely during the brief transition window before balances land on new validators. Holders of stETH do not need to take any action.
Looking further ahead, Lido has flagged a later phase, expected around Q1 2027, that would introduce a marketplace where operators compete for stake based on fees and performance.
Sources:
CoinDesk: Lido Begins Moving $16.5 Billion in Staked Ether
The Block: Lido Begins Consolidating $16 Billion Worth of Staked ETH
Bitcoin.com News: Liquid Staking Giant Lido Moves 8 Million ETH Onto New Validators
Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline in demand, while the inflow into Ether funds indicates positive sentiment. Markets are closely observing these trends as they may influence the broader cryptocurrency market dynamics.
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Key Takeaways Market behavior suggests decreased demand for Bitcoin, as evidenced by the $11.6 million outflow from Bitcoin ETFs. The $9.2 million inflow into Ether funds implies continued institutional interest in Ethereum. Current pricing suggests a significant probability that Bitcoin will maintain its value above certain thresholds on July 28. What to Watch The developments in Bitcoin and Ether ETF flows could influence market perceptions of these cryptocurrencies’ future value. Additional data on ETF flows may help assess demand trends. Key indicators include any further shifts in inflow or outflow patterns, which could either reinforce or challenge current pricing expectations. Markets will also watch for macroeconomic events or announcements that could impact cryptocurrency valuations.
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Term Structure
Contract Odds Δ since publish Volume 24h July 28 2026 99.6% — — View market → July 28 2026 93.8% — — View market → July 28 2026 0.1% — — View market → July 28 2026 0.1% — — View market → July 28 2026 0.1% — — View market → July 28 2026 22.5% — — View market → July 28 2026 0.5% — — View market → July 28 2026 99.9% — — View market → July 28 2026 99.8% — — View market → July 28 2026 0.1% — — View market →
Leading cryptocurrencies fell sharply on Monday as investors weighed developments around the Clarity Act and a pause in U.S.–Iran hostilities.
Crypto Market TumblesBitcoin nearly dived below $63,000 in a sharp evening sell-off, while Ethereum fell to $1,860 as 24-hour trading volume more than doubled.
Over $670 million was liquidated from the cryptocurrency market in the last 24 hours, with $533 million in bullish long positions wiped out, according to Coinglass data
Bitcoin’s open interest fell nearly 2% over the last 24 hours. That said, derivatives traders on Binance stayed net-bullish on the apex cryptocurrency.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
SEC Chair Paul Atkins said in a CNBC interview that he’s “optimistic” that Congress will pass the key cryptocurrency market legislation.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.23 trillion, following an increase of 1.19% over the last 24 hours.
Dow Rallies, Nasdaq DipsMajor indexes closed in the green on Monday. The Dow Jones Industrial Average rallied 262.83 points, or 0.51%, to end at 52,210.08. The S&P 500 eked out a narrow gain of 0.02% to close at 7,413.18. The tech-heavy Nasdaq Composite, meanwhile, slid 0.18% and settled at 24,932.08.
Hostilities between the U.S. and Iran remained paused after nearly two weeks of nightly military exchanges. Mike Waltz, U.S. Ambassador to the UN, said negotiations are ongoing at both technical and senior levels, but stressed that the U.S. military remains "locked and loaded."
Big Move Around the Corner?Ali Martinez, a widely followed cryptocurrency analyst and trader, noted Bitcoin’s 3-day Bollinger Bands tightening around the $65,000 level.
“Periods of low volatility like this are often followed by a major price expansion. A big move could be just around the corner,” the analyst projected.
The Bollinger Band Squeeze occurs when the volatility drops, causing the space between the bands to tighten. When the price closes outside of bands, traders consider it a potential new breakout. This strategy is used to identify the start of new trends following periods of consolidation.
Michaël van de Poppe, another prominent cryptocurrency influencer, spotlighted a short-term correction in Ethereum, but emphasized bullish continuation on the daily chart, targeting a breakout toward $2,000.
Photo: Sodel Vladyslav / Shutterstock
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Lido just kicked off the most consequential infrastructure change to Ethereum staking since, well, Lido V2. The protocol has begun migrating more than 8 million ETH, roughly $16.5B worth, onto Ethereum’s larger 0x02 validators enabled by the Pectra upgrade. The result: Ethereum’s total validator count drops by approximately 33%.
What CMv2 actually changes The migration falls under Lido’s Curated Module v2, or CMv2, which the Lido DAO ratified on July 23, 2026, after audits and testnet trials. It represents the most significant structural update since Lido V2 launched in 2023.
Before Pectra, Ethereum validators were capped at 32 ETH each. That meant Lido needed a massive fleet of validators to manage its position as the dominant liquid staking provider. Post-Pectra, validators can hold far more, so all those individual 32 ETH nodes can be folded together.
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Attestation messages, the signals validators broadcast each epoch to confirm the state of the chain, are expected to drop by around 29%. The consensus layer gets meaningfully less noisy, though this won’t directly translate into lower gas fees or faster transactions for end users.
The other major shift is financial. For the first time, Lido’s 34 professional node operators will be required to post locked ETH collateral. Previously, the system ran largely on reputation.
The cost of transition During the migration period, Lido stakers can expect a modest drag on returns, with an estimated 0.28% annual reduction in staking rewards.
Why this matters beyond Lido Lido controls a dominant share of all staked ETH on Ethereum, which means its infrastructure decisions ripple across the entire network. Reducing Ethereum’s validator count by a third is a network-level event, not just a protocol-level one.
The CMv2 rollout also arrived alongside CSM v3, another component of the broader Core Upgrade package approved by the Lido DAO on July 23, 2026.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum is attracting a new wave of investment, signaling renewed optimism among investors, even as some on-chain indicators reveal underlying weaknesses. Network activity remains robust and user engagement holds steady, but decentralized exchange trading volumes and stablecoin liquidity are showing clear signs of decline.
Fresh capital fuels Ethereum networkRecent data from Artemis shows that Ethereum recorded approximately $83 million in gross capital inflows within the past 24 hours, with net inflows amounting to $58.5 million after accounting for fund withdrawals. Positive net flows are typically interpreted as investors adding more funds to the network than they are removing.
While increased capital inflows can reflect rising confidence, they do not necessarily lead to immediate price gains. Sustained inflows over extended periods are generally considered a sign of market faith in the asset’s long-term prospects.
Ethereum has also maintained consistent network fee generation, indicating active usage on the blockchain—whether through asset transfers, trading, or interaction with decentralized applications.
According to DefiLlama, Ethereum continues to dominate the decentralized finance sector, with total value locked (TVL) exceeding $40 billion and a stablecoin market cap around $149 billion. These figures keep Ethereum ahead of other smart contract platforms.
Ethereum’s strong capital inflows, large DeFi presence, and steady network fees point to underlying strength, but the weaker trading and liquidity metrics highlight investor caution.
MetricCurrent ValueChangeCapital inflows (24h)$83 millionIncreaseTVL$40 billionStableStablecoin market cap$149 billionDecliningDEX volume (weekly)–Down 23%Mini dictionary: TVL (Total Value Locked), a metric representing the total value of assets deposited in decentralized finance protocols, is used as a gauge of network activity and DeFi adoption.
Network health remains strongDespite the network’s price struggles, Ethereum’s blockchain activity has been consistently high. Daily transactions have remained above 2 million for much of the year, reflecting persistent user reliance. Within the past day, Ethereum processed about 2.36 million transactions with over 560,000 active addresses, according to DefiLlama data.
Developer engagement also continues, with many leading decentralized finance protocols, real-world asset tokenization projects, and stablecoins still operating primarily on Ethereum. This activity helps solidify Ethereum’s role as the top smart contract platform.
Many long-term investors see sustained blockchain usage as a stronger indicator of network health than short-term price fluctuations, as it points to ongoing adoption and utility.
DEX activity and stablecoin liquidity declineTwo key metrics, however, paint a less optimistic picture. Trading volume across Ethereum-based decentralized exchanges (DEXs) has diminished sharply, falling more than 23% in the past week. This decline implies reduced trading demand and less speculative participation in decentralized finance markets.
Stablecoin supply on Ethereum has also decreased, with the current value holding at $149 billion. Ongoing weekly drops suggest shrinking liquidity for lending and trading within the DeFi ecosystem.
Despite robust capital inflows and steady network activity, Ethereum’s falling DEX volumes and declining stablecoin liquidity reveal that broad-based momentum has yet to materialize across the ecosystem.
Mini dictionary: DEX (Decentralized Exchange) is a platform on which users trade cryptocurrencies directly on the blockchain without a central authority, providing increased transparency but sometimes lower liquidity compared to centralized exchanges.
Mixed signals for ETH price outlookWhile capital is flowing in and transaction activity remains high, subdued DEX trading and a declining stablecoin balance indicate that many market participants are still hesitant. These dynamics help explain why the price of ETH has yet to respond fully to positive developments across some network metrics.
Current trends suggest that Ethereum is undergoing a rebuilding phase rather than entering a straightforward rally. A reversal in DEX volume and stablecoin liquidity would be needed to broaden the recovery and establish a stronger foundation for ETH price growth.
Ongoing weakness in trading and liquidity could limit Ethereum’s ability to mount a sustained recovery, even as core network activity signals underlying resilience.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
In brief Bitmine says it now holds 5.79 million ETH worth about $11.3 billion. The company's holdings now represent roughly 4.8% of Ethereum's circulating supply. Bitmine expanded its staking operations while accelerating share repurchases. Crypto treasury firm BitMine Immersion Technologies said Sunday it has increased its Ethereum holdings to 5.79 million ETH, bringing its combined crypto holdings, cash, marketable securities, and strategic investments to $11.8 billion as it moves closer to its goal of acquiring 5% of Ethereum's total supply.
According to the company, it now holds 5.8 million ETH, 208 Bitcoin, worth approximately $13.6 million, $268 million in cash and marketable securities, a $180 million stake in Mr Beast’s Beast Industries, and a $61 million investment in Eightco Holdings.
“We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening,” Bitmine Chairman Tom Lee said in a statement. “In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," he added. (Disclosure: Tom Lee is an investor in Dastan, Decrypt’s parent company.)
According to Lee, Bitmine also repurchased 6.1 million shares over the past week under its previously authorized $4 billion buyback program, bringing total repurchases since July 1 to 11.6 million shares, adding that the company views the strengthening ETH-to-Bitcoin ratio as a positive sign for Ethereum and believes the cryptocurrency could next challenge the $2,000 and $2,500 price levels. ETH is currently trading for around $1,900 at a $232 billion market cap.
The company said 4.9 million ETH is currently staked through its Made in America Validator Network, or MAVAN, which was launched in March to support institutional staking. Bitmine said it projects annualized staking rewards of about $299 million once all of its ETH is staked through the platform and its partners.
The announcement is the latest in Bitmine's rapid expansion under Lee.
In April, the company surpassed 5 million ETH. In May, Lee said Bitmine's inclusion in the Russell 1000 Index could broaden its institutional investor base as its holdings reached roughly 4.3% of Ethereum's circulating supply. In June, the company completed a preferred stock offering that raised nearly $274 million to fund additional Ethereum purchases, infrastructure, and share buybacks while expanding its MAVAN staking platform. Earlier this month, Bitmine added another $73 million worth of ETH, lifting its holdings above 5.74 million ETH ahead of Monday's latest purchase.
The news comes as a growing number of public companies—including Sharplink, Bit Digital, and BitMine—have shifted toward Ethereum treasury strategies, mirroring Strategy's longtime Bitcoin treasury playbook.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Bitmine says it now holds 5.79 million ETH worth about $11.3 billion. The company's holdings now represent roughly 4.8% of Ethereum's circulating supply. Bitmine expanded its staking operations while accelerating share repurchases. Crypto treasury firm BitMine Immersion Technologies said Sunday it has increased its Ethereum holdings to 5.79 million ETH, bringing its combined crypto holdings, cash, marketable securities, and strategic investments to $11.8 billion as it moves closer to its goal of acquiring 5% of Ethereum's total supply.
According to the company, it now holds 5.8 million ETH, 208 Bitcoin, worth approximately $13.6 million, $268 million in cash and marketable securities, a $180 million stake in Mr Beast’s Beast Industries, and a $61 million investment in Eightco Holdings.
“We increased our equity buyback as we view the rising ETH/BTC ratio, despite the falling odds of passage of the Clarity Act in 2026, as a sign crypto prices are strengthening,” Bitmine Chairman Tom Lee said in a statement. “In fact, this ratio is now at a 3-month high at 0.3000, which we believe bodes well for future strengthening of ETH prices," he added. (Disclosure: Tom Lee is an investor in Dastan, Decrypt’s parent company.)
According to Lee, Bitmine also repurchased 6.1 million shares over the past week under its previously authorized $4 billion buyback program, bringing total repurchases since July 1 to 11.6 million shares, adding that the company views the strengthening ETH-to-Bitcoin ratio as a positive sign for Ethereum and believes the cryptocurrency could next challenge the $2,000 and $2,500 price levels. ETH is currently trading for around $1,900 at a $232 billion market cap.
The company said 4.9 million ETH is currently staked through its Made in America Validator Network, or MAVAN, which was launched in March to support institutional staking. Bitmine said it projects annualized staking rewards of about $299 million once all of its ETH is staked through the platform and its partners.
The announcement is the latest in Bitmine's rapid expansion under Lee.
In April, the company surpassed 5 million ETH. In May, Lee said Bitmine's inclusion in the Russell 1000 Index could broaden its institutional investor base as its holdings reached roughly 4.3% of Ethereum's circulating supply. In June, the company completed a preferred stock offering that raised nearly $274 million to fund additional Ethereum purchases, infrastructure, and share buybacks while expanding its MAVAN staking platform. Earlier this month, Bitmine added another $73 million worth of ETH, lifting its holdings above 5.74 million ETH ahead of Monday's latest purchase.
The news comes as a growing number of public companies—including Sharplink, Bit Digital, and BitMine—have shifted toward Ethereum treasury strategies, mirroring Strategy's longtime Bitcoin treasury playbook.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
