+

Ethereum's dominance in USDC issuance solidifies its role as a critical infrastructure in DeFi, influencing liquidity and financial strategies. Ethereum dominates USDC issuance with 70% of $72B market cap.

+

Mining and energy infrastructure company TeraWulf reported that its high-performance computing (HPC) leasing revenue grew 52% quarter-over-quarter to reach $31.9 million.

 

Ethereum is attempting to stabilize after recovering from its June lows, but the broader trend has yet to shift decisively in favor of the bulls. While the daily chart still reflects a bearish market structure beneath key moving averages, the 4-hour timeframe shows improving short-term momentum as price presses against key resistance levels.

+

Bitcoin may still face further downside, with Hayes watching a possible move toward the $50K range before recovery.