Market narrative
Move between stock news, official company releases, crypto, and FX without losing the path back to ticker research.
BitMine Immersion Technologies (NYSE: BMNR), a publicly traded firm focused on accumulating cryptocurrency assets for long-term investment, has disclosed that its Ethereum (ETH) position has grown to approximately 5.79 million tokens.
Crypto
The shared liquidity layer opens to all users on 13 chains, letting one wallet balance stand behind several positions at once.
Fraud Losses: Three customers say a fake Bitcoin wallet app on Apple's App Store stole more than $1.8 million after they entered seed phrases. Safety Claims: The lawsuit argues the fraud succeeded because the company promoted the App Store as a trusted environment while failing to remove fake Sparrow Wallet apps.
Hyperliquid's SK Hynix perpetual contract, xyz:SKHYNIX, fell 17.9% on Tuesday after a bad price print in Seoul. Around $57.4 million in long positions was liquidated across 960 accounts.
Nexo says EEA services remain available through MiCA-licensed Tangany and DLT Finance, while lending sits outside those licences.
Bitcoin (BTC) is struggling below $64,000 ahead of the U.S. Federal Reserve's interest rate decision on 29 July, but artificial intelligence (AI) predicts the cryptocurrency will regain some footing by the end of the quarter.
While bitcoin BTC$63,431.84 and ether (ETH) are under pressure, their prices remain above their respective 50-day averages, a bullish sign. The broader market isn't so lucky.
Ethereum price fell 5% from $1,973 to $1,873 on July 28 after another rejection below $2,000 triggered forced selling and pushed ETH into a key technical support zone.
The Digital Currency Group-owned Zcash miner brought its first greenfield site online as it looks to lower mining costs and advance plans to become a public company.
Despite bearish price action, what potential does Tom Lee see in Ethereum that it continues to buy and hold the altcoin?
ONDO's falling-wedge rally has stalled near descending-channel resistance, raising the risk of a 20% correction toward the $0.30–$0.31 area.
Lido starts consolidating over 8 million ETH, valued at 16.5 billion dollars, into a much smaller number of validators. This migration could reduce the total number of active validators on Ethereum by one third.
The delay in legislative action and strategic corporate acquisitions highlight evolving dynamics and potential shifts in the crypto landscape. Senate delays Clarity Act; Circle acquires IBM blockchain patents.
PayPal's strong earnings and PYUSD expansion highlight its growing influence in global finance, but regulatory shifts could impact future strategies. PayPal Q2 earnings beat estimates with $1.38 EPS and $8.68B revenue as PYUSD expansion accelerates.
BTC shed 2% as South Korea's Kospi plunged 11% and the U.S. Senate shelved the Clarity Act, leaving the market facing a pivotal Fed decision on Wednesday.
Bitcoin's price yet again failed to secure the resistance above $65,000 as the market conditions turn bearish. The token struggled below the range, despite a strong recovery from the lows around $57,650. Currently, the price is trading around $63,450 after experiencing a drop of nearly 2.76%, while trading volume increased by 23.85%.
Aqua's expansion enhances DeFi capital efficiency and security, potentially reshaping liquidity management and attracting broader developer interest. 1inch rolls out Aqua across 13 EVM blockchain networks.
BTC went down by $4,000 from the local peak at $67,000 charted a week ago.
Liquidity providers can keep assets in their own wallets, using one balance to back multiple positions without splitting capital across different pools.
Decentralized exchange aggregator 1Inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once.
