【July 22 · Cryptocurrency News】
Market sentiment is increasingly resembling the start of the altcoin season, with ETH taking the lead and the smaller coins making appearances one after another; NFTs, Memes, and Layer 2s are all starting to get "excited". Although we can't say it's taking off completely yet, if you check your wallet, you should already see some changes.
📌 BTC remains steady, making way for altcoins
Bitcoin continues to hover around 117,000, with the market being neither hot nor cold, but its market share is continuously declining, clearly making room for altcoins. As long as there isn't a sudden crash, there should still be enough space for performances below.
📌 ETH makes a slight adjustment, catching its breath before breaking 4,000
Due to the impact of U.S. stock financials and SBET's reduction in holdings, ETH has pulled back slightly in the short term, but the structure is still intact. Everyone is waiting for the next acquisition news to drop, which will likely trigger another surge.
📌 SOL's condition is warming up, approaching the 200 mark
Solana has clearly gained some momentum in recent days, with on-chain activity also picking up. The rumored rhythm of "after trading ETH, it's SOL's turn" seems to be about to kick off.
📌 Tornado Cash trial may be delayed, defense team prepares to counterattack
There has been new progress in the case of co-founder Roman Storm; due to variables in key testimonies, the legal team is preparing to apply for a flow trial. Crypto liberals state: the battle is not over yet.
📌 ETH has been packaged for listing again, Ether Machine plans to hold 400,000 ETH
A new U.S. shell company is about to debut, planning to hold over 400,000 ETH; it seems that building ETH positions before going public has become a new trend these days.
