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Interview with Bitwise Trader Jeff Park, who predicts a significant increase in Bitcoin ETF inflows, reaching $300 billion by 2026 and an estimated $120 billion by the end of this year.
Share link:In this post: Solana treasury firm Upexi secures a $500M line of credit deal with A.G.P./Alliance Global Partners to fund the acquisition of more SOL. Upexi CEO Allan Marshall said the equity line gave his company additional means and flexibility to raise capital to boost its SOL position. Upexi’s shares (Nasdaq: UPXI) slightly increased from $6.11 to $6.49 on July 28, with a strong trading volume of roughly 3.24M shares.
Share link:In this post: Four of the Magnificent 7 are reporting earnings this week, raising fears about their outsized impact on Wall Street. The S&P 500 has surged 67% since 2023, mostly driven by a handful of large-cap tech stocks. The group accounted for 52% of last year’s total earnings growth, leaving the rest of the market behind.
Share link:In this post: Bernstein noted that Ethereum treasuries face liquidity risks and smart contract vulnerabilities due to staking mechanisms. The firm argued that ETH’s yield generation comes with governance challenges in DAOs. The company believes ETH treasuries will hit $30-50M annual returns once scalability and legal frameworks mature.
Share link:In this post: Konstantin Lomashuk, the Founder of Lido, received an 85M USDT loan from lending protocol Aave to purchase ETH. Lookonchain reported that Lomashuk first transferred 80M USDT to the Amber Group, which redirected all funds to an exchange and swapped them for over 15K ETH. A recent report by Lomashuk and Cyber.Fund’s Head of Research, Artem Kotelskiy, claimed that ETH was “ultrasound money.”
The crypto market is shifting toward an altcoin season, with Ethereum leading the way. Ethereum's growth and capital flow from Bitcoin are setting the stage for a broader altcoin rally in 2025.
- 01:47US Senator Warren criticizes the Trump family again for profiting from cryptocurrencies and failing to deliver on promises to reduce inflationJinse Finance reported that U.S. Democratic Senator Elizabeth Warren once again harshly criticized Trump in a video posted on the X platform, accusing him of failing to deliver on his promise to reduce inflation, while at the same time his family's cryptocurrency business has increased his wealth by several billions of dollars. She said: "What is shocking to everyone is that Trump is actually a big liar. He did not lower grocery prices; instead, he played a 'red light, green light' game with tariffs, which actually increased your shopping costs. Reports indicate that the Trump family's holdings in World Free Finance Company tokens surged in value after the token was listed for trading, bringing about $5 billions in paper wealth growth. Trump profited handsomely during his presidency, while you had to pay higher costs. This is an act of betrayal, and we will never let him get away with it."
- 01:42Vitalik: Ideas such as Ethereum scalability are expected to be implemented as key milestones are achieved in the short-term expansion roadmap.Jinse Finance reported that Ethereum co-founder Vitalik Buterin stated on the X platform that the Ethereum team has performed exceptionally well this year, contributing in various aspects to ensure Ethereum’s long-term scalability, decentralization, and resilience. All these ideas are expected to be ready for implementation as the key milestones of the short-term scaling roadmap are achieved. According to a tweet reposted by Vitalik Buterin, Ethereum developers have now proposed a minimal zkVM for streamlined Ethereum called “leanVM,” which has been optimized for XMSS aggregation and recursion. Compared to Cairo, leanVM minimizes commitment costs through a four-instruction ISA, multilinear STARK, and logup* lookup.
- 01:22Data: The whale who previously sold ETH at $4,519 has bought again, adding 2,321.7 ETH to their holdingsChainCatcher news, according to Ember monitoring, the whale who previously liquidated ETH at $4,519 started buying ETH again 4 hours ago, spending 9.917 million USDT to accumulate 2,321.7 ETH at an average purchase price of $4,272.