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Bitcoin ($BTC) retraced from its recent all-time high of $126,000, with $124,000 now seen as a pivotal support level. Institutional demand remains crucial for future price movements. #Update #Crypto $BTC
@IntercontinentalExchange invests $2 billion in Polymarket, valuing the crypto prediction market at $9 billion, marking a significant convergence of traditional finance and cryptocurrency. #Update #Crypto $POLY
@Infinex is beta testing a Chrome extension allowing users to log in to 100 crypto sites using phone passkeys, enhancing security and convenience for DeFi apps. #Update #Crypto $ETH
Bitcoin could reach $644,000 by its next halving in 2028, analysts say, as gold prices hit record highs. Young investors increasingly prefer Bitcoin as a store of value. #Update #Crypto $BTC
Senator Cynthia Lummis confirmed that funding for the US Strategic Bitcoin Reserve can begin soon, pending legislative processes, while speculation grows about government Bitcoin purchases. #Update #Crypto $BTC
Spot Ether ETFs launched on July 23, 2024, attracting $107 million in inflows; Solana futures are live with options pending approval. Sustained demand is crucial for SOL to outperform ETH. #Update #Crypto $ETH $SOL
@BlackRock’s spot Bitcoin ETF, IBIT, has generated nearly $245M in fees and is close to $100B in assets, marking it as the firm’s most profitable ETF. #Update #Crypto $BTC
USDT dominance fell as altcoin market cap surged to $1.18 trillion, signaling potential for an altseason. #Update #Crypto $USDT
Bitcoin ($BTC) reached a new all-time high of $125,708, driven by $3.24 billion in ETF inflows last week; analysts predict potential targets of $133,000 to $200,000 by year-end. #Update #Crypto $BTC
@MicroStrategy has accumulated 640,031 $BTC valued at over $73 billion, employing innovative financing methods to maintain its position as a major corporate holder of Bitcoin. #Update #Crypto $BTC
Korean retail investors are driving Ether’s price momentum, with $6 billion in capital influencing its value just 7% below its all-time high. Ether’s “Kimchi premium” indicates rising demand among these traders. #Update #Crypto $ETH
Japan’s new PM Sanae Takaichi’s election boosts Nikkei to an all-time high, potentially enhancing crypto sentiment as Bitcoin reaches $125,700 amid macroeconomic shifts. #Update #Crypto $BTC
Elon Musk’s @xAI will launch the early beta of Grokipedia in two weeks, aiming to combat misinformation. Musk has criticized Wikipedia for bias and misinformation. #Update #Crypto $DOGE
A trader turned $3,000 into $2 million after buying the “4” memecoin, spurred by @cz_binance’s post; they still hold $1.88 million worth. #Update #Crypto $BNB
