Mr-Quit123

SharpLink Gaming (SBET), based in Minnesota (USA) and currently the largest Ethereum holder in the world, has raised the total value of shares allowed for sale to 6 billion USD, according to a supplemental document submitted to the U.S. Securities and Exchange Commission (SEC) on July 17.
This move aims to raise additional capital to continue the strategy of large-scale ETH purchases. Previously, SharpLink had only requested permission to issue up to 1 billion USD in shares on May 30. However, the supplement on July 17 increased this figure to 6 billion USD, including 1 billion USD already approved and an additional 5 billion USD new.

📈 1. Short-term developments (within a few days to 2 weeks ahead)

Currently, ETH is trading around $3,424, with daily fluctuations between approximately $3,162 and $3,476.
Technical analyses from Coin Edition (citing data up to July 18, 2025) show:

Strong resistance at ~$3,525 (Fibonacci 0.786), if broken could lead to new targets like $3,715 and $4,107.
Support at $3,307 and $3,107 — below this could trigger a profit-taking sell-off, but the trend remains intact if the $3,307 area holds.

The crypto market is witnessing a vibrant period full of expectations, especially with the resurgence of altcoins. Ethereum, with an impressive increase of over 23%, has climbed to 3,430 dollars, marking a new breakthrough and creating strong enthusiasm for other coins. This is the main driving force behind the simultaneous growth of altcoins, opening a new season for the crypto market.

Ethereum's (ETH) strong performance in Q3 has reignited hopes for a broader price increase in altcoins. The market is showing early signs of a shift, as ETH continues to outperform Bitcoin and trading volumes for altcoins surge.
Although Ethereum's price structure seems to be in an upward trend, whale activity indicates that some are starting to take profits.

Ethereum (ETH) broke through the $3,400 level, driven by a strong buying wave from companies holding digital assets, along with increasing interest from both the spot and derivatives markets.
ETH extends its uptrend amid strong interest from both corporations and retail investors.
Ethereum continued to surge strongly in Wednesday's trading session, becoming the bright star in the cryptocurrency market as it led the gains among the Top 20 large-cap cryptocurrencies — only behind DOGE. With a 10% increase in 24 hours, ETH has raised its total weekly gain to over 25%, solidifying its position as the focal point of attention for both retail and institutional investors.

On the occasion of its 10th anniversary, blockchain company Consensys has offered a fresh perspective on Ethereum's role in the global economy, viewing it as essential infrastructure for the 'trustware' era.
According to Consensys, Ethereum is not just a platform for smart contracts but is evolving into a foundational layer for verifiable and programmable trust in financial systems and many other fields.

The total cryptocurrency market capitalization (TOTAL) and Bitcoin (BTC) continued to maintain impressive momentum over the past week, with BTC just setting a new historical high. Among the altcoins, Hedera (HBAR) was the most prominent name leading the increase, recording a strong increase of 27% in just 24 hours.
Notable news of the day:
SharpLink Gaming spent about $48.85 million to buy another 16,374 ETH on Sunday, bringing its total holdings to approximately 270,000 ETH. According to data from Arkham Intelligence, the move marks a major step in the company's strategy to expand its digital asset portfolio.

The Ethereum (ETH) derivatives market is showing clear signs of excessive speculation, with increasing leverage ratios, open interest (OI), and funding rates. Over the past 30 days, ETH has risen more than 24%, leading to a strong expansion of derivatives positions, now surpassing the $24.5 billion OI mark – an all-time high.

This has pushed the estimated leverage ratio (ELR) close to historical peak levels, while the funding rate for perpetual futures has surged to levels not seen since early 2022.

Hedera (HBAR) is once again approaching the important resistance level at $0.26 — a price point that triggered a drop of more than 50% earlier this year.
As of now, HBAR is trading around $0.237, recording a slight increase of 1.6% in the past 24 hours, according to data from CoinMarketCap.
Previously, this altcoin attempted to breach the $0.26 barrier but failed. The question now is: will this return open up a spectacular breakout, or is it just a stepping stone for a deeper correction?

The Nasdaq-listed biotechnology company, Sonnet BioTherapeutics, announced on Monday that it has formed a business combination with a newly established entity, Rorschach, to launch the Hyperliquid digital asset treasury (HYPE).
When the deal is completed, Hyperliquid Strategies Inc. aims to hold 12.6 million HYPE tokens and $305 million in cash. This amount will be used to purchase more HYPE tokens in the future.

Liquid Collective has just launched a new liquidity staking token called Liquid Staked SOL (LsSOL) on the Solana (SOL) network, marking an important step in the strategy to expand the ecosystem. This initiative is backed by several industry giants such as Coinbase, Kraken, Galaxy, Anchorage Digital, and Fireblocks — clearly demonstrating the growing confidence of institutional investors in Solana's long-term potential.

Strategy stock (MSTR) continues to explode strongly, closing Wednesday's trading session with the highest market capitalization in history: 128.4 billion USD, thanks to the skyrocketing increase of Bitcoin to nearly 120,000 USD.
Specifically, MSTR stock rose 3.07%, reaching 455.90 USD, increasing the total level of growth over the past 3 months to 46% and 174% over the past year. Since implementing a large-scale Bitcoin accumulation strategy, MSTR's overall investment performance has increased by 3,588%, according to the latest data.

Chainlink (LINK) is expanding its bullish trend, forming a clear bullish structure as it approaches the critical resistance level at $17.39. After reclaiming the mid-range at $15.9, LINK has consistently created higher lows and highs, indicating steady buying pressure from the bulls.
At the time of writing, LINK is trading at $16.66, approaching the price range that previously halted prior rallies.

More than one billion Telegram users will be able to interact directly with decentralized applications (DApp) on the Ethereum Virtual Machine (EVM) within this messaging app, following the launch of the Tac mainnet on Tuesday. This new feature could boost DApp adoption and capital inflow into the TON network, as it helps reduce technical barriers for mainstream users.
Can Toncoin break through the upper resistance zone? Let's analyze the chart to find out.

Bitcoin (BTC) has just issued its first clear bearish signal on the daily chart since early May, forming a bearish engulfing candle pattern – reinforced by a shooting star pattern. This move comes right after an impressive price increase of 19% within 21 days, suggesting that the bullish momentum may be gradually diminishing.

According to data from CryptoQuant, the Miners’ Position Index (MPI) has surged to 2.78 – the highest level since November 2024. This index reflects the ratio of Bitcoin transferred by miners to exchanges compared to the average over a year. When the index exceeds the threshold of 2, it is often a signal that selling pressure is increasing – a factor that could cause prices to face resistance in the short term. However, the current MPI is still quite far from the historical peaks recorded in previous bull cycles.

Trump Media and Technology Group (TMTG), a company largely owned by the family of U.S. President Donald Trump, has just filed for two trademarks related to artificial intelligence (AI) for the Truth Social platform.
The CEO and Chairman of TMTG, Devin Nunes, has registered two trademarks named “Truth Social AI” and “Truth Social AI Search” designed to transform Truth Social into a provider of “reliable information, non-woke news, and entertaining content.”

According to a Freedom of Information Act (FOIA) request submitted by independent cryptocurrency journalist L0la L33tz, the U.S. Marshals Service currently holds just over 28,988 BTC, valued at approximately $3.4 billion as of March — down 85.6% from estimates made by many previous research organizations.
Arkham Intelligence estimated that the total cryptocurrency assets held by the U.S. government is around $25 billion, dispersed across various federal agencies. However, it is very difficult to accurately determine which agency holds the cryptocurrency due to the lack of a centralized public database and the asset seizure operations often occurring in secrecy.

Bitcoin may still have "fuel" to continue rising before needing to slow down. According to Katie Stockton – founder and managing partner at Fairlead Strategies, the largest cryptocurrency by market capitalization could rise to $135,000 in the coming weeks despite some signs that the market is beginning to "cool down."
Why is the $135,000 level still feasible?
Referring to the consolidation period lasting 7-8 weeks before Bitcoin's recent breakout, Stockton shared: