It was the highest-ever weekly trading volume for Bitcoin and Ether ETFs, largely due to Ether ETFs «stepping up big,» says an ETF analyst.
The Ether unstaking queue has a 15-day wait as investors aim to withdraw a record $3.8 billion in ETH.
A new type of buyer who “never sells” is scooping up Bitcoin from long-time holders — a bullish catalyst for BTC, says Bitcoin OG Udi Wertheimer in an exclusive Cointelegraph interview.
While some Ether holders expect new all-time highs within the next few days, a Nansen analyst said it may be weeks or months away.
Bitcoin dominance has fallen to a six-month low while altcoin market cap has jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.
A crypto trader said Bitcoin is at a “key resistance,” similar to the level where it topped in 2021, but other traders argued historical charts can’t be applied to this cycle.
ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.
Vietnam’s police said they arrested 20 people in the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin.
Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country.
Over 15 billion ADA has not moved for a year, signaling holder confidence as “altcoin season” momentum builds and Cardano price rises to multimonth highs.