Leading cryptocurrencies traded flat, while stocks sold off on Wednesday as investors digested the Federal Reserve's policy decision and renewed Middle East hostilities. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m.
Ethereum Institutional, the initiative focused on driving institutional adoption of the network, announced the successful closing of its seed funding round and the consolidation of its coalition of allies.
Arthur Hayes believes Bitcoin's sluggish performance isn't because liquidity has disappeared. Instead, he says the AI investment boom has become the market's biggest capital magnet, absorbing nearly every fresh dollar that would have otherwise flowed into crypto.
Ethereum (ETH) saw a sharp increase in bullish leverage positioning on Thursday, underscoring a renewed tilt toward risk among top derivatives traders even as account-level positioning in coin-margined markets remained largely flat. According to CoinGlass data captured at 00:15 UTC on July 30, the share of long positions in ETH on the coin-margined futures market climbed to 66.02%, up 5.47 percentage points from the previous day—by far the most notable move among major assets tracked in the dataset.