The cryptocurrency market has recently shown a complex and volatile situation. Bitcoin has been oscillating around $117,000, with market makers carefully controlling the pace to create space for altcoin development. Ethereum, disregarding the short-term impact of the withdrawal of ETF funds from the US stock market, continues to push towards the $4,000 mark, and market sentiment remains positive.



The Solana ecosystem shows signs of recovery, with on-chain activity rebounding and a resurgence in the popularity of NFTs and DeFi. The $200 mark is within reach. Market funds may be preparing for the next round of speculation.

In terms of regulation, the Tornado Cash case has taken a new turn, which could have far-reaching implications for Crypto Assets privacy issues. Meanwhile, the institutionalization process of the Ethereum ETF is accelerating, and the news of plans to hold 400,000 ETH has attracted market attention.

The dispute among FTX creditors continues, with the actions of the Singapore team triggering controversy over the handling of approximately $380 million in claims. Robinhood is steadfast in advancing its efforts towards tokenized stocks, and although progress is slow, it may build an important bridge between traditional finance and Crypto Assets.

MicroStrategy continues its Bitcoin investment strategy, planning to increase its Bitcoin holdings by issuing preferred shares. GameSquare raises the NFT licensing cap, demonstrating confidence in the Ethereum ecosystem.

Federal Reserve Chairman Powell faces perjury charges, and this political storm could have significant implications for the market. The Solana ecosystem has gained new funding support, with Mercurity Fintech's Solana Ventures establishing a $200 million fund, which may indicate a trend of market focus shifting from Ethereum to Solana.

Polymarket's attempt to return to the U.S. market through acquisitions reflects the trend of active and compliant innovation in prediction markets. ETHENA's large-scale buyback and private investment have sparked heated discussions and doubts about its strategy in the market.

Overall, the crypto market presents a pattern of opportunities and challenges, with emerging trends and innovative initiatives continuously emerging, which are worth investors' close attention.
BTC-1.88%
ETH1.93%
SOL-2.06%
DEFI1.61%
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StablecoinAnxietyvip
· 07-23 07:18
Solana is going to be sent!
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airdrop_whisperervip
· 07-23 01:35
sol To da moon卷就完事了!
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BearMarketSurvivorvip
· 07-22 03:52
This city is all a trap.
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MetaverseLandlordvip
· 07-22 03:50
sol go go go
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ChainPoetvip
· 07-22 03:42
Bit Dad is hogging all the food.
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EthMaximalistvip
· 07-22 03:42
So you want to run again, huh?
View OriginalReply0
PanicSellervip
· 07-22 03:36
sol sweetheart wants to To da moon
View OriginalReply0
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