Key News Highlights

  • Bitmine: Increased ETH holdings to 3.529 million, totaling $12.84 billion USD in value.
  • Lighter: Crypto trading protocol completes $68 million USD funding round led by Founders Fund and Ribbit Capital.
  • Bitcoin ETFs: Net inflows of $524 million USD, with BlackRock's IBIT leading the flows at $224 million USD.
  • Astar: Unveils Phase 2 roadmap, including setting a supply cap for ASTR and launching a Burndrop mechanism.
  • Visa: Trials fiat-backed stablecoin payments for US businesses.
  • Morgan Stanley: Recommends taking profits in Bitcoin ahead of potential 'winter'.

Key Developments

Bitmine's ETH Holdings Growth

Bitmine has seen a significant increase in its Ethereum (ETH) holdings, reaching 3.529 million coins with a total value of $12.84 billion USD. This growth underscores the company's confidence in Ethereum's future.

Lighter's $68 Million Funding Round

Crypto trading protocol Lighter completed a $68 million USD funding round, led by Founders Fund and Ribbit Capital. This investment signals Lighter's potential in the decentralized finance (DeFi) space.

Positive Bitcoin ETF Flows

Bitcoin Exchange Traded Funds (ETFs) experienced net inflows of $524 million USD, with BlackRock's IBIT leading the flows at $224 million USD. This demonstrates increasing institutional interest in Bitcoin.

Astar Phase 2 Roadmap

Astar Network has unveiled Phase 2 of its roadmap, which includes setting a supply cap for ASTR and launching a Burndrop mechanism. These changes aim to enhance long-term sustainability and growth.

Visa Stablecoin Trials

Visa is currently trialing fiat-backed stablecoin payments for US businesses. This initiative aims to provide faster and more efficient payments for international transactions.

Morgan Stanley's Bitcoin Advice

Morgan Stanley is advising investors to take profits in Bitcoin ahead of a potential 'winter', suggesting that the market may be in the 'autumn' phase of its four-year cycle.

Arthur Hayes' Perspective on ZEC

Arthur Hayes is considering increasing his holdings of ZEC if the price drops to the $300-350 range, indicating that his current allocations are below his target.

Federal Reserve Rate Cut Disagreements

Reports suggest increasing disagreements within the Federal Reserve regarding a rate cut in December, adding uncertainty to future monetary policy.


Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Latest news

gold

Thursday, 23 July 2026

Indices

Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise

Thursday, 23 July 2026

Indices

Nikkei 225 Falls 2.73% as Alphabet AI Costs Shake Japan Tech Stocks

oil

Thursday, 23 July 2026

Indices

Brent Crude Holds Near $100 as Red Sea Supply Risks Escalate

South Korea Tightens Rules on Single-Stock Leveraged

Thursday, 23 July 2026

Indices

South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31

intel earnings 2026 q2

Thursday, 23 July 2026

Indices

Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares

crypto

Thursday, 23 July 2026

Indices

Crypto Prices Today July 24: Bitcoin Steadies Near $65K as ETF Demand Counters Geopolitical Uncertainty

oil price news today

Thursday, 23 July 2026

Indices

Oil Price News Today: Brent Slips Below $100 as Traders Weigh US-Iran Tensions

USD to JPY exchange rate today

Thursday, 23 July 2026

Indices

US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes

gold

Wednesday, 22 July 2026

Indices

Gold Price Today, July 23: Gold Holds Above $4,100 as Oil Rally Limits Gains

tesla earnings q2 2026

Wednesday, 22 July 2026

Indices

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow