#ETHRally Ethereum is on the verge of breaking its all-time high, currently trading less than 10% below its peak. Institutional interest in Ethereum has been steadily increasing, as evidenced by growing ETH holdings in exchange-traded funds and investment products. A successful breakout above the current resistance could trigger a wave of short liquidations, potentially accelerating the upward momentum.$ETH
#DeFiGetsGraded S&P Global has assigned its first-ever credit rating to a DeFi protocol, giving Sky a B- rating, marking a significant milestone in institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to participate in DeFi by providing essential risk assessment frameworks.$ETH
#DeFiGetsGraded S&P Global has assigned its first-ever credit rating to a DeFi protocol, giving Sky a B- rating, marking a significant milestone in institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to participate in DeFi by providing essential risk assessment frameworks $BNB
"Federal Reserve's Mouthpiece": The threshold for rate cuts has changed, but the July CPI is still not enough to prevent a rate cut in September. Not enough to prevent, so there is a probability, right?
A large influx of funds into Ethereum has surpassed the $4400 mark! 🔥 Market Highlights • Current ETH price is $4423, up 29% this month, with a market cap exceeding $532.5 billion • Daily net inflow of spot ETF has reached a record-breaking $1 billion • Institutional funds inflowed $268 million last week, with a 66.51% increase in Asia's 24-hour funding • On-chain staking ratio has reached 29.67%, with the number of validators exceeding 1.043 million
⬆️ Driving Forces for Growth • Regulatory Favor: SEC confirms ETH's commodity status, BlackRock ETF approval is imminent • Macroeconomic Environment: 82% probability of Fed rate cut in September, stimulating institutional allocation demand • Technical Breakthrough: Fusaka upgrade will go live in November, reducing block time to 6 seconds and increasing gas limit by 300% $ETH #ETH突破4400
💵 Over $400 million in liquidations in the cryptocurrency market in the last 24 hours!
Market Overview • Total network contract liquidations reached $420 million, with a long-short ratio close to 1:1 • 120,000 accounts triggered forced liquidations, with the largest single liquidation being $6.52 million (ETH) • BTC fluctuated $3,680 during the day, ETH corrected $122, BNB maintained at $803.30
Policies and Innovations Driving • The U.S. prohibits financial institutions from discriminating against crypto businesses, Japan's Metaplanet holds BTC for the long term • ETH spot ETF launched, on-chain staking increased by 12% • BNB formed a supply contraction through $1.7 billion in new reserves and the destruction of 1.9 million tokens $BTC #爆仓数据
How to get the new WAI on Alpha, is this wave of airdrop worth it?
I saw a news today, Binance Alpha's first launched World3 (WAI) will start trading on August 12 at 16:00, and this wave also includes a 'threshold airdrop' gameplay. I looked carefully at the rules, there are actually quite a few tricks in there. The airdrop threshold is not low, but it's not impossible to enter. The activity requires you to have at least 200 Alpha points to apply for 800 WAI tokens. 200 points sounds like a lot, but veteran users may have already accumulated enough, newcomers have to see if they can catch up in these few days. Moreover, the airdrop is first come, first served, which means if you're slow, you might miss the first batch.
#CreatorPad has once again made headlines as Bitcoin's network power reaches an all-time high. This surge in hashrate reflects growing miner confidence and network security, reinforcing Bitcoin's resilience and decentralization. A higher hashrate means it’s increasingly difficult for malicious actors to attack the network, making it more robust and trustworthy. It also signals that miners are heavily investing in infrastructure, betting on Bitcoin’s long-term value. As energy efficiency improves and global mining operations expand,
#BTCHashratePeak has once again made headlines as Bitcoin's network power reaches an all-time high. This surge in hashrate reflects growing miner confidence and network security, reinforcing Bitcoin's resilience and decentralization. A higher hashrate means it’s increasingly difficult for malicious actors to attack the network, making it more robust and trustworthy. It also signals that miners are heavily investing in infrastructure, betting on Bitcoin’s long-term value. As energy efficiency improves and global mining operations expand,
$TREE Treehouse Protocol Unleashes TESR — A New Era for On-Chain Fixed Income in DeFi Treehouse Labs came up with the Treehouse Protocol, which changes decentralized money by putting guaranteed revenue items on chains. Treehouse lets you create money on the blockchain the old-fashioned manner, which is a new era of long-term income for DeFi. It was meant to be open and stable. In Treehouse, governance isn't just a term; it's what makes the economy work. Decentralized oracle rates (DOR) feeds are what the system is built on. They provide customers safe financial solutions with data that can't be modified.$TREE
Ethereum breaks through $4300, creating a nearly 4-year high!
From August 9 to 11, the price of Ethereum (ETH) repeatedly broke through the $4300 mark, reaching a new high since December 2021. On August 9, ETH effortlessly surpassed the highest point of $4100 since 2024 and surged to $4300, peaking at $4332. On August 10, the trading price of Ethereum once broke through $4300, and as of 1:30 PM that day, Ethereum reported $4224.67, up 1.1% in the past 24 hours. On August 11, Ethereum once again rose above $4300.
The main reasons for this ETH price breakthrough above $4300 are as follows:
Institutional capital inflow: In the past four weeks, the cumulative net inflow of U.S. spot Ethereum ETFs reached as high as $5.37 billion. On August 8 alone, the ETH spot ETF recorded a net inflow of $461 million. On August 10, the inflow of related ETF funds reached $222 million, with the cumulative net inflow in the past week exceeding $326 million. BlackRock increased its holdings by 65,000 ETH at once, valued at approximately $271.8 million, indicating the optimism of traditional financial giants regarding the value of Ethereum assets.
Strong performance of on-chain data: Currently, over 15% of the circulating ETH supply has been staked, reaching a historical high, indicating long-term holders' confidence in Ethereum's future value. Meanwhile, the number of daily active addresses on the Ethereum network has surpassed 350,000, with daily transaction volume reaching 1.74 million, and the network utilization is in a state of healthy growth. In addition, both long-term holders and new investors are showing positive performance, with Vitalik Buterin's personal holdings also exceeding $1 billion, returning to the ranks of on-chain billionaires.
From a technical perspective, ETH/USD has formed a clear upward channel, with prices continuing to create higher lows and higher highs since mid-April. The breakout on August 9 confirmed the validity of the upward channel. Currently, Ethereum's key support level has moved up to $4100, with short-term resistance in the range of $4350-$4400, and breaking through will directly challenge the historical high of $4800.
At the same time, if macroeconomic policies change, such as the Federal Reserve delaying interest rate cuts or increased regulation of cryptocurrencies, it may suppress the upward momentum. Additionally, the cryptocurrency market is highly volatile, and sudden changes in market sentiment may also trigger unexpected pullback risks. #ETH突破4300
$BIO dropped from 1.4 to 0.044, a decline of 99%. This means if you invested 100 yuan, you only have 1 yuan left 😂. The intensity of this washout is quite significant, right? Now market makers have entered, and the starting point for this round of increase is 0.06. The current price is 0.12, and this doubling in price is not enough for them to offload, so there is still room for growth. Every time there is a pullback of 10 to 15 points, just buy in and hold to reap the rewards.
We are only 90 fans away from breaking 30,000. Can we make it today? Brothers, give it a boost~ Every day in the live stream room, we entertain together…
Ethereum surges past 4000 again, it's fierce, too fierce!
BlockBeats news, on August 8, according to HTX market information, Ethereum has broken the 4000 USD mark again after 237 days since December 14, 2024, while the coin price has reached a new high for this year.