Ethereum financial strategies are emerging, with companies focusing on generating yields through staking rather than just holding as an asset. Bernstein's report outlines the complexities and risks involved, emphasizing strong structural demand for ETH.
G.U.Group announced a new NFT project on the Japan Open Chain to support children's welfare. The NFTs, inspired by Japanese yokai, are priced at ¥50,000 each, with sales starting on July 26, aiming to fund the foundation's activities.
The SEC has postponed its decision on the Truth Social Bitcoin ETF, proposed by Trump Media & Technology Group, until September 18. This also affects other cryptocurrency ETFs amid ongoing regulatory considerations.
CoinShares has launched a new ETP providing exposure to SEI, offering a 2% staking yield with zero management fees, aiming to simplify access for institutional investors in Europe, where crypto ETPs lag behind U.S. Bitcoin ETFs.
The CBOE VIX index is expected to rise in August, suggesting increased volatility in Bitcoin due to its correlation with the U.S. financial market. Historical patterns indicate that this month often sees significant price swings in both stocks and Bitcoin.
In June, Bitcoin mining profitability rose over 5% despite a decrease in production by North American miners. Factors included rising Bitcoin prices and energy costs. Marathon led production, while overall North American output fell.
MetaMask has partnered with Aave to enable over 100 million users to earn yields on stablecoins directly through their wallets. The "Stablecoin Earn" feature allows users to generate passive income without navigating complex DeFi platforms.
A Gallup survey reveals that only 14% of American adults own cryptocurrency, despite an increase from 2% in 2018. Many view it as a high-risk investment, with 64% labeling it "very risky." Interest remains low among demographics like women and the elderly.
Traders face a dilemma regarding Bitcoin entry points amidst its price fluctuations. Markus Thielen suggests that a decline to the support level around $111,673 could offer a balanced risk-reward opportunity, while exceeding $120,000 would confirm a breakout as an ideal entry.
PayPay's app has introduced an "Ethereum Course" for point investment, allowing users to experience asset management linked to Ethereum's price alongside the existing Bitcoin course. This development responds to demand for more cryptocurrency-related options amid Ethereum's price fluctuations.
Zircuit has launched its AI trading engine, "Hyperliquid for AI Trading," enabling real-time signal detection and one-click automated trading on EVM chains and Solana, enhancing its on-chain financial toolkit.