$BTC once approached $116,800, setting a new historical high, up 5% in 24 hours.
$ETH once approached $3,000, reaching a new rebound high, up 7% in 24 hours.
$SOL broke through $165, up nearly 5% in 24 hours.
Sharplink Gaming ($SBET) once again bought 12,648 $ETH. As of July 11, Sharplink Gaming holds over 222,000 ETH, approximately $659 million.
Sharplink Gaming's ETH holdings are about to exceed those of the Ethereum Foundation (EF), marking an important turning point, meaning that the pricing power of ETH is officially handed over to Wall Street.
EF's inaction has become a burden on the ETH ecosystem, forcing Wall Street to push EF to make changes.
BitMine $BMNR updated its equity, reaching 80.22 million, calculated at $46 per share, giving BitMine a market value of $3.691 billion, significantly overvalued.
Previously, the stock price was hyped from about $4.5 to $161, peaking at a 34.7-fold increase, extremely crazy. It has been mentioned multiple times before that shorting BMNR is the highest probability trade.
When all listed companies are hoarding coins, the most stable investment is to buy $BTC, $ETH, and $SOL.
Additionally, leveraged ETFs in the U.S. stock accounts are also a good choice: $BITX, $ETHU.
For higher yield investments, participating in coin-stock trading is the way to go. The volatility is greater, and profits can be amplified more easily; however, losses can also be more severe.