NFT Sales Surge 37% as Immutable Overtakes Ethereum
The NFT market surged 37% to $144.8 million in weekly sales, with Immutable X dethroning Ethereum for the first time in months while buyer participation jumped over 50%.
Ethereum (ETH)
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Ancient Ethereum Wallet Awakens After 10 Years, Moving $590K in ETH
A Genesis-era Ethereum wallet dormant since 2015 suddenly transfers 230 ETH worth $590,000, marking another rare awakening of early ICO addresses.
Ethereum Volatility Expected as Kraken Open Interest Hits Record 30K ETH
Ethereum faces potential significant price movements as Kraken’s open interest reaches an all-time high of 30,000 ETH, driven by increased institutional activity and spot ETF inflows.
Societe Generale Launches USD Stablecoin on Ethereum, Solana
French banking giant Societe Generale will launch USD Coinvertible (USDCV) on Ethereum and Solana networks in early July, partnering with BNY Mellon as reserve custodian. This marks the bank’s second stablecoin offering following their successful EUR Coinvertible launch in 2023.
Bitcoin Ethereum Gain Institutional Support Despite Volatility
Binance Research reports that cryptocurrency is rapidly integrating with traditional finance through major developments including JPMorgan accepting crypto ETFs as loan collateral and new SEC guidance on staking. Despite short-term political volatility affecting Bitcoin and Ethereum prices, institutional adoption signals strong long-term growth potential.
Ethereum and Solana Staking ETFs Near US Launch
Rex Shares received SEC approval for Ethereum and Solana staking ETFs that will trade on Nasdaq, offering investors regulated exposure to crypto staking rewards with expense ratios of 1.28% and 1.40% respectively.
Ethereum Outperforms Market Despite Price Struggles Below $2,700
Ethereum demonstrates resilience with strong futures data and layer-2 growth, outperforming the broader crypto market by 17% over 30 days despite failing to break above $2,700.
Kalshi Adds Solana (SOL) for Deposits – Crypto Betting Platform Expands Options
Prediction market platform Kalshi now accepts Solana (SOL) deposits, joining Bitcoin and Ethereum as supported cryptocurrencies for trading and withdrawals.
Ethereum Shows Strong Signals as Market Hints at Incoming Altcoin Season
Ethereum’s price ratio against Bitcoin has surged 38% from multi-year lows, with multiple on-chain metrics suggesting ETH may be positioned for significant outperformance and potential altcoin season catalyst.
Tron Overtakes Ethereum in USDT Supply After Massive $1B Mint
Tether has minted $1 billion of USDT on the Tron blockchain, pushing its authorized supply above Ethereum’s and marking a significant shift in stablecoin network dominance.