Ether prices have surged to their highest levels for almost four years, tapping $4,625 during Asian trading early on Wednesday morning. The asset has continued to build momentum and is now up a whopping 54% over the past month and 27% over the past week. Meanwhile, the latest move has taken it to within 5.3%…
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor capital flowed aggressively into altcoins. According to Binance Research’s market insights shared with CryptoPotato, Bitcoin’s dominance fell by 5.2% to 60.6%. During the same period,…
Ethereum (ETH) has logged nearly 20% gains in the past week as it outperformed many crypto assets. After reclaiming the $4,200 price level for the first time since 2021, ETH has managed to stay above this level. Beyond price action, on-chain data reveals a telling change in how the leading altcoin’s most dedicated holders are…
Bitmine Immersion Technologies has become the first corporation to accumulate more than a million ETH for its strategic treasury. On Monday, the firm announced that its ETH holdings had reached 1.15 million tokens worth around $4.9 billion. It added that this total is 317,126 more than a week ago, and the treasury value is around…
Bitcoin’s recent rally briefly surpassed its $120,500 breakout target, which has raised the question of what’s next for the leading cryptocurrency. But liquidity trends will determine whether momentum continues or stalls near all-time highs. Liquidity for Breakout Potential In its latest market commentary, Swissblock said that while broader macroeconomic volatility and potential downside pressure remain…
Over the last seven days, bitcoin (BTC) has recovered and reclaimed the range lows it hit earlier this month. Amid the recovery, analysts at the crypto exchange Bitfinex say the leading cryptocurrency has returned to a warm, but not overheated zone. According to the latest Bitfinex Alpha report, macroeconomic events will determine bitcoin’s next direction…
A pioneering firm in the evolution from TradFi to DeFi in payments has received backing from prominent patrons to continue developing its product. Backed By Giants According to a press release shared with CryptoPotato, Transak, a leader in fiat-to-crypto infrastructure, has secured $16 million in funding to scale its operations across new markets and expand its…
Hyperliquid led all blockchain networks in fee generation over the past 30 days. Latest figures suggest that it recorded $97.7 million and accounting for 35% of total fees across chains. Hyperliquid Dominates Fee Charts Hyperliquid regularly allocates part of this revenue for HYPE token buybacks, contributing to upward price pressure. Tron ranked second with $58.8 million…
One of the leading tech companies in Europe is uniting with a framework focused on security and confidentiality. Anonymity With a Worldwide Reach Shared to CryptoPotato via a news release, the Aleo Network Foundation, the non-profit organization responsible for the health of the Aleo Network has announced a partnership with Revolut today. The former develops infrastructure focused…
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile sectors such as energy and food,…