Ethereum Falls Below $3,700 Amid Slight 24-Hour Market Decline

More Reading

Bitcoin Whale Invests $107M+ via WBTC Purchase and Leveraged Positions

07:49 23-07-2025 （15 hours ago）

Whale wallet 0x3E38 has executed high-value Bitcoin acquisitions totaling over $107 million, highlighting increased institutional use of decentralized finance (DeFi) tools for amplified exposure. The entity acquired 475 WBTC valued at approximately $56 million, paying an average price of $115,733 per token. It simultaneously leveraged borrowed funds from lending protocol Aave to establish a long position on Bitcoin. In a...

Bitcoin Gains Nearly 2% During Mixed Trading Session for U.S. Stock Indices

20:29 22-07-2025 （1 day ago）

Major U.S. stock indices showed diverging movements during Thursday's trading session, while Bitcoin registered notable gains. The S&P 500 index closed precisely flat, showing no net movement despite intraday fluctuations. The tech-heavy Nasdaq Composite declined 0.4%, reflecting pressure on technology sector valuations. In contrast, the Dow Jones Industrial Average climbed 0.4%, buoyed by stronger performance in industrial and blue-chip stocks....

Ethereum Faces Key Resistance Near $3,900; Support Holds at $3,434

03:35 21-07-2025 （3 days ago）

Ethereum (ETH) is currently navigating crucial price thresholds identified as key levels influencing its near-term potential. Market data analysis from Glassnode pinpoints a significant resistance zone for ETH between $3,877 and $3,987. Successfully breaching this range is viewed as potentially opening the path for further price appreciation. Conversely, Ethereum's primary support level stands firmly at $3,434. This price point is...

Polkadot JAM Upgrade Spurs Ecosystem Growth as DeFi TVL Tops $300 Million

20:16 23-07-2025 （2 hours ago）

Polkadot's technical evolution and decentralized finance expansion are fueling significant market momentum, with analysts predicting a potential price surge for the DOT token. The recently implemented JAM upgrade replaces Polkadot's Relay Chain with a modular, gasless architecture designed to substantially improve network scalability and transaction efficiency. This foundational shift enables more complex computational tasks while eliminating transaction fees, positioning the...

Major US Stock Indices Show Mixed Results in Latest Session

20:14 22-07-2025 （1 day ago）

Wall Street presented a divided performance during the latest trading session as major benchmarks moved in different directions. The S&P 500 closed effectively unchanged, maintaining its position as investors balanced sector performances. In contrast, the technology-heavy Nasdaq Composite registered a 0.4% decline amid pressures on growth-oriented sectors. Meanwhile, the Dow Jones Industrial Average outperformed with a 0.4% gain, lifted by...

Gate Launches ZKWASM Perpetual Contracts with USDT Settlement and 20x Leverage

06:10 22-07-2025 （2 days ago）

Gate exchange introduces ZKWASM perpetual contract trading with USDT settlement, offering up to 20x leverage. The contracts went live on July 22 at 20:10 (UTC+8), enabling traders to amplify positions while benefiting from stablecoin-denominated settlements. Leverage options range from 1x to 20x, designed to increase capital efficiency and expand strategic flexibility for derivatives traders. USDT settlement provides price stability and...

SEC Pauses Approval of Bitwise 10 Crypto Index ETF for Regulatory Review

07:15 23-07-2025 （15 hours ago）

The Securities and Exchange Commission (SEC) has halted the approval process for Bitwise's proposed 10 Crypto Index ETF, signaling continued regulatory challenges for cryptocurrency investment products. This delay reflects persistent uncertainties in the U.S. crypto ETF landscape amid ongoing agency scrutiny. The Bitwise 10 Crypto Index Fund would track a market-cap-weighted portfolio of the top ten cryptocurrencies, with Bitcoin and...

Ethereum Surpasses Vanguard Group in Market Value, Ranks 28th Globally

06:57 21-07-2025 （3 days ago）

Ethereum has exceeded the market capitalization of asset management giant Vanguard Group, ascending to the 28th position among global assets. This milestone reflects Ethereum's expanding influence in decentralized finance (DeFi) and non-fungible tokens (NFTs), cementing its status as a major financial entity. Market analysts are closely tracking Ethereum's trajectory, noting its potential to disrupt traditional finance through continuous innovation in...

FTX Bankruptcy Proceedings Ease Jurisdictional Barriers for Creditor Distributions

05:17 23-07-2025 （17 hours ago）

A pivotal motion within FTX's bankruptcy case has successfully challenged jurisdictional restrictions, enabling more equitable access to distributions for creditors impacted by the exchange's collapse. This development significantly benefits claimants from countries with strict cryptocurrency regulations by permitting relocation pathways to crypto-friendly jurisdictions. Creditors utilizing this flexibility may need to establish residency in approved regions and comply with updated Know...

XRP Surges Past $3.50 Following Technical Breakout, Analysts Eye $6 Target

07:32 23-07-2025 （15 hours ago）

XRP has demonstrated significant bullish momentum after breaking out from a symmetrical triangle pattern, driving its price to $3.50 and subsequently climbing to $3.64. This technical breakout suggests renewed market confidence in the asset. The rally appears primarily driven by technical analysis indicators and community sentiment rather than corporate announcements, with no immediate commentary provided by Ripple leadership. Following the...

Ethereum NFT Dominance Fuels ETH Valuation Growth Amid Rising Market Activity

14:54 21-07-2025 （2 days ago）

The pivotal role of Ethereum in the non-fungible token (NFT) market continues to influence ETH price trends, as escalating NFT activity on the blockchain drives higher transaction volumes and gas fees, bolstering its market value. This dynamic underscores Ethereum's position as the foundation for the majority of NFT minting, sales, and trading, cementing its central role in digital collectibles and...

Bitcoin Accumulation Signals Investor Confidence Amid Stable Trading Range

16:52 23-07-2025 （6 hours ago）

Bitcoin is currently trading near $118,445, maintaining stability between critical market indicators. The cryptocurrency remains positioned above the Investor Price Median ($92,000) while staying below the Hype Alert threshold of $139,000, reflecting balanced sentiment in the current market phase. Large holders are actively accumulating Bitcoin, signaling strong confidence in its long-term value proposition. This strategic accumulation by major investors demonstrates...