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A single whale wallet has reportedly accumulated $31.43 million in ETH and $6.24 million in WBTC, bringing the combined position to $37.67 million across both assets, according to on-chain tracking data.

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Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later.

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The van Rossem hard fork, an intra-era upgrade, has helped bolster the short-term Cardano market sentiment

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The probabilities of Bitcoin's price reaching $70,000 before the end of July are 21%, or at least that is how traders on the prediction market platform Polymarket estimate it. Despite the asset currently trading near $61,600, the community's skepticism remains firm within a betting market that already accumulates over $1.16 million in total volume.