Odaily星球日报

Odaily Planet Daily reported that according to CoinDesk data, XRP, DOGE, and Solana's SOL have fallen about 5% in the past 24 hours, leading the decline among the top ten cryptocurrencies. Since the peak on Wednesday, XRP and DOGE have dropped by 18%, while SOL has decreased by 12%. In contrast, Bitcoin (BTC) has only fallen about 3% from its mid-week high of $120,000 to $116,000, and Ethereum (ETH) is down 4%. Coinbase analyst David Duong stated in the report that the altcoin market has experienced a recent pullback due to excessive leverage. Coinglass's altcoin season index dropped from 59 on Monday to 41 on Friday, but the altcoin market (excluding stablecoins) has nearly doubled in market capitalization since April. Bitcoin's market share has fallen below the 200-day moving average; if it continues to stay below this level, it may trigger a sustained outperformance of altcoins compared to Bitcoin, similar to the trend in 2021. Duong advises investors to wait for more closing confirmations to cautiously position themselves. (CoinDesk)

Odaily Planet Daily News According to JPMorgan analysts' estimates, capital inflows into digital assets have reached US$60 billion since the beginning of the year, mainly driven by inflows of crypto funds, active futures trading at CME, and venture capital fundraising activities. Analysts pointed out that since the end of May, capital inflows have increased by nearly 50%, and are expected to easily surpass last year's historical record. Analysts said that the friendlier regulatory environment in the United States is one of the key driving factors. Investors' interest in altcoins is also rising. Among them, Ethereum is the biggest beneficiary due to its dominance in the field of decentralized finance (DeFi) and smart contracts, and it is increasingly being included in corporate treasury allocations along with Bitcoin. More and more asset management companies are interested in launching crypto ETFs based on altcoins and introducing staking mechanisms. (The Block)

Odaily Planet Daily News Cyvers Alerts stated on platform X that multiple suspicious transactions involving the trading platform WOO X have been detected, covering BTC, ETH, BNB, and ARB networks, with estimated losses exceeding 12 million dollars. On the Ethereum network, a suspicious address received 1 million dollars worth of USDT and additional ETH from WOO's hot wallet. This 1 million dollars worth of USDT was subsequently exchanged for ETH, after which approximately 7.3 million dollars in funds were transferred to a new address. The WOO team has confirmed the incident and stated: 'We are investigating a restricted incident that occurred earlier today on the WOO X platform.' Currently, user funds and transactions are unaffected, but during the investigation, the platform has temporarily suspended withdrawals.

Odaily Planet Daily reported that Bitmine Immersion (BMNR) has increased its 'At The Market' (ATM) offering scale from $2 billion to $4.5 billion. The company submitted a supplemental prospectus to the U.S. Securities and Exchange Commission on July 24, authorizing the continuous sale of common stock in the open market through two brokerages, Cantor Fitzgerald and ThinkEquity. This issuance provides funding support for the company to further increase its ETH holdings and expand its asset reserves. Previously reported, Bitmine updated its ETH holdings status, and as of 11:59 PM Eastern Time on July 23, 2025 (11:59 PM Beijing Time today), Bitmine holds a total of 566,776 ETH, worth over $2 billion.