Altcoins benefit from capital rotation as Bitcoin dominance slides amid consolidation
Altcoins advanced sharply last week while Bitcoin (BTC) held near record levels, shifting market leadership toward higher-beta tokens, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin reached an all-time high of $123,054, a 65% climb from its April low, before entering a sideways range between $116,000 and $120,000. As the flagship crypto […]
Ethereum celebrates 10 years with symbolic torch NFT and eyes Fusaka upgrade
Ethereum is marking its 10th anniversary with a symbolic gesture and a technical leap forward for the blockchain network. Ethereum Toch NFT On July 20, the network revealed that it launched a ceremonial “Torch” NFT to celebrate the people and principles that have shaped its decentralized journey since July 30, 2015. According to Ethereum’s website: […]
Bitcoin is becoming infrastructure—not just an asset
The following is a guest post and opinion from Fabian Dori, Chief Investment Officer at Sygnum Bank. Institutional investors no longer debate Bitcoin’s legitimacy. With spot ETFs surpassing $50 billion in assets and companies issuing Bitcoin-linked convertibles, the question now is structural: how does Bitcoin integrate into global finance? The answer is emerging: Bitcoin financialization. […]
Traders are bullish on ETH as price begins to catch up with the tech
Ethereum (ETH), the world’s second-largest crypto by market cap, may finally be poised for a breakout after years of underwhelming performance. With both traders and the broader community expressing renewed confidence, the ETH price appears ready to close the gap between its leading technology and lagging price action. Renewed optimism reflecting in ETH price After […]
Bitcoin’s realized cap surpassed $1 trillion as price hit new ATH above $123k
Bitcoin has reached a new milestone with its realized capitalization crossing the $1 trillion mark for the first time, according to on-chain analytics firm Glassnode. The surge comes just a few days after BTC’s spot price hit a fresh all-time high above $123,000, underlining the intensity of recent investor demand. Unlike traditional market capitalization, realized […]
Bitcoin dominance hits 3 month low falling 6% as Ethereum breaks $3,600
Bitcoin dominance has dropped to 61.6%, its lowest level in three months, just as Ethereum surged to a six-month high and the global crypto market cap topped $4 trillion. This marks the most decisive capital rotation into altcoins since April, suggesting the early stages of a new alt-season. What’s Happening BTC Dominance Breaks Down Bitcoin’s […]
XRP hits new ATH of $3.55 after 7 years amid altcoin surge
Ripple’s XRP surged to a new all-time high of $3.55 on July 17, climbing more than 36% over the past week and over 13% over the past 24 hours. The rally marked XRP’s first break above its 2018 peak and came amid a broader altcoin resurgence. The surge comes amid a wider altcoin rally led […]
US Marshalls ‘forfeited’ Bitcoin stash may be $20B smaller than estimated, raising eyebrows about reserve
The US Marshals Service (USMS) appears to hold just under 29,000 Bitcoin, far lower than the more than 200,000 BTC many believed the government had in custody. The updated figure, confirmed via a Freedom of Information Act (FOIA) request by independent crypto journalist L0la L33tz on July 16, puts the government’s total at 28,988 BTC […]
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