According to Cointelegraph, Ether (ETH) has recently shown signs of being overbought, yet the lack of a significant pullback indicates that bullish investors are not rushing to sell. SharpLink Gaming and BitMine Immersion Technologies have been actively acquiring Ether, aiming to become the largest public holders of the cryptocurrency. BitMine initially claimed the top position with 300,657 ETH, but SharpLink surpassed it following recent acquisitions, increasing its holdings to 360,807 ETH. The ongoing Ether purchases by these public companies raise questions about potential impacts on ETH's price trajectory. On Monday, ETH experienced a decline from $3,860, breaking below the $3,745 support level, which suggests profit-taking by short-term investors. The ETH/USDT pair might drop to the 38.2% Fibonacci retracement level at $3,494. A rebound from this level would indicate strong demand at lower prices, prompting bulls to attempt pushing the pair towards $4,094. Conversely, if ETH breaks and closes below $3,494, it could further decline to the 50% retracement level at $3,381 and potentially reach the 20-day exponential moving average (EMA) at $3,234. A breach below the 20-day EMA would shift the short-term advantage to the bears, possibly driving the pair down to $2,904. On the 4-hour chart, the 20-EMA has leveled off, and the Relative Strength Index (RSI) has dipped below the midpoint, indicating a balance between supply and demand. Buyers need to push the price above $3,860 to initiate the next phase of the rally towards $4,094. Conversely, a break and close below the 50-SMA would suggest a bearish resurgence, potentially causing the pair to fall to $3,477 and subsequently to $3,361. This analysis does not offer investment advice or recommendations. All investment and trading activities involve risk, and readers are encouraged to conduct their own research before making any decisions.

He views these cryptocurrencies as a hedge against the growing U. S. national debt and potential dollar depreciation source: https://coinpedia.org/crypto-live-news/jim-cramer-plans-to-own-bitcoin-and-ethereum-as-hedge-for-his-kids/

TL;DR PENGU surged to a new all-time high of $0. 044, eclipsing its January $0. 042 peak, driven by fourth-anniversary excitement around the Pudgy Penguins NFT ecosystem. South Korean traders now account for 38% of volume (in KRW), fueling a 21% one-day rally and helping PENGU flip BONK as Solana’s leading meme token. NFT floor prices jumped. . . source: https://crypto-economy.com/pengu-rallies-to-new-all-time-high-surpassing-january-peak/

Goldman Sachs has joined BNY Mellon to tokenize money-market fund shares on blockchain. Classes from BlackRock, Fidelity, Federated Hermes and both banks’ asset arms are available, giving real-time ownership data and a path to collateral use and instant settlement across the $7. 1 trillion market source: https://cryptonews.com/news/goldman-sachs-bny-mellon-tokenize-money-market-funds/

Goldman Sachs and BNY have partnered to digitize shares of money market funds (MMFs), allowing institutional investors to transact on-chain […] The post BNY and Goldman Launch Blockchain-Based Fund Tokens appeared first on Coindoo. source: https://coindoo.com/bny-and-goldman-launch-blockchain-based-fund-tokens/

Spotting the top altcoins to buy now often means looking past the usual names and focusing on where momentum is building. It is not just about flashy headlines but about the real signals that show a project is gaining ground. Hedera, BlockDAG (BDAG), Ondo Finance, and Sei Network are doing just that. These projects are. . . source: https://crypto-economy.com/top-altcoins-to-buy-now-blockdag-hbar-ondo-seis-rising-momentum-is-hard-to-ignore/

Ether price pulled back after a relentless run, but lower levels are likely to attract buyers. source: https://cointelegraph.com/news/eth-news-update-can-sharplink-gaming-bitmine-treasuries-send-ether-to-dollar4k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Sure! Here’s an expanded version of the sentence: "What is Bitcoin, the pioneering cryptocurrency that has captured the attention of investors, technologists, and the general public alike? How does it function as a decentralized digital currency, utilizing blockchain technology for secure and transparent transactions? Furthermore, how can individuals effectively use Bitcoin in their daily lives, whether for making purchases, investing, or transferring funds across borders?" source: https://blocknews.com/what-is-bitcoin-how-does-it-work-and-how-do-you-use-it/

Brussels and Washington are close to finalizing a trade deal that would impose a 15 % levy on specified goods from Europe, resembling the pact the U. S. President just signed with Tokyo. Three insiders told the FT that EU negotiators may accept the 15% levy to stop Trump’s 30% tariff hike on August 1. They also indicate […] source: https://www.cryptopolitan.com/eu-to-finalize-u-s-trade-deal/

Altseason momentum has strengthened as Bitcoin dominance has slid, sending liquidity toward PEPE, Fartcoin and HYPE. The trio illustrates how visibility, meme culture and a derivatives protocol have sustained heavy trading volumes and sharp monthly gains in a market driven by renewed speculation. source: https://cryptonews.com/news/altseason-crowns-pepe-fartcoin-hype-as-market-movers/

Willy Bum Bum, một hiện tượng lan truyền hiện đang phải đối mặt với những thách thức đáng kể, đã tung ra memecoin của riêng mình, $BUM, bất chấp sự suy giảm giá trị gần đây và sự hoài nghi. Đồng tiền này, được tạo ra bởi một nhóm doxxed và được hỗ trợ bởi nguồn cung hạn chế và phân bổ token chiến lược, đang phải vật lộn với mức giảm 23,86% về giá trị và khối lượng giao dịch thấp, phản ánh sự suy giảm sự quan tâm của nhà đầu tư.