Tag: Ethereum

  • Ethereum’s Layer-2 TVL Plunges 90%: What It Means for ETH Price and Adoption

    Ethereum’s Layer-2 TVL Plunges 90%: What It Means for ETH Price and Adoption

    Ethereum Layer-2 Total Value Locked Crashes from $48B to $5B

    Ethereum’s Layer-2 ecosystem has experienced a dramatic decline in total value locked (TVL), dropping from a high of $48 billion earlier in 2026 to just around $5 billion, according to L2BEAT. This represents a staggering 90% decrease, adding fresh headwinds to an already volatile asset. Despite the rout, Optimism, Base, and Arbitrum remain the dominant players, collectively holding approximately $4.8 billion—or 96% of the remaining Layer-2 liquidity.

    Earlier this year, Arbitrum boasted $16.8 billion in TVL, Base nearly $10.7 billion, and Optimism around $8 billion. The combined total of these three networks exceeded $35 billion, making the current contraction all the more striking.

    Fragmentation and Capital Outflows Weigh on Activity

    Over 73 active Layer-2 rollups currently operate on Ethereum, but growing fragmentation continues to drain liquidity. While no major protocol has officially explained the traffic drop, analysts believe capital has shifted away from Layer-2 networks as users sought opportunities elsewhere or bridged assets back to Ethereum’s mainnet and competing blockchains.

    The debate intensified after the launch of Robinhood’s chain, which handled $4.5 billion in trading volume on decentralized exchanges in its first week and briefly outpaced Ethereum mainnet and Base on daily trading volume. However, during the same period, the chain generated only about $4,000 in fees, compared to Ethereum’s $7.4 billion, raising questions about the economic value Layer-2 networks return to the base chain.

    Institutional Competition Intensifies

    Major institutions like DTCC and JPMorgan are diversifying their tokenization initiatives across multiple public blockchains rather than relying solely on Ethereum. Meanwhile, the Ethereum Foundation has undergone several leadership changes this year, adding uncertainty about the network’s future direction. Despite these challenges, stablecoins maintain a significant presence in transactions across the Ethereum ecosystem, including its Layer-2 solutions.

    Technical Outlook: Key Support and Resistance Levels

    ETH is currently trading above a key support zone at $1,850–$1,900, near $1,920. Derivatives positioning remains subdued, reflecting limited conviction from both bulls and bears. Immediate resistance lies around $2,036–$2,050. A decisive move above this could target the 0.236 Fibonacci level near $2,134, with further milestones at $2,377 and $2,572. On the downside, $1,780 is critical support, followed by $1,742 if sellers regain control.

    Frequently Asked Questions

    Why has Ethereum’s Layer-2 TVL fallen so sharply?

    According to L2BEAT, Layer-2 TVL declined from about $48 billion to nearly $5 billion in 2026. Analysts attribute the drop to lower on-chain activity, capital outflows, and liquidity fragmentation across multiple rollup networks.

    Which Layer-2 networks still dominate Ethereum’s ecosystem?

    Optimism, Base, and Arbitrum remain the largest platforms, together accounting for about $4.8 billion or 96% of the remaining TVL in Ethereum’s Layer-2 ecosystem.

    What are the key price levels for Ethereum right now?

    ETH is holding above the important $1,850–$1,900 support zone. Immediate resistance is between $2,036 and $2,050, while a break below $1,780 could expose the next support near $1,742.

    Why are institutions exploring blockchains beyond Ethereum?

    Major institutions such as DTCC and JPMorgan are expanding tokenization initiatives across multiple public blockchains to reduce dependence on a single network and broaden infrastructure options.

    Does the decline in Layer-2 activity weaken Ethereum’s long-term outlook?

    A slowdown in Layer-2 adoption presents a near-term challenge, but Ethereum continues to benefit from strong stablecoin usage, an established developer ecosystem, and ongoing institutional interest, making its long-term outlook dependent on future network growth and adoption.

  • Crypto Hack Losses Exceed $1 Billion in First Half of 2026 as North Korean Groups Lead Attacks

    Crypto Hack Losses Exceed $1 Billion in First Half of 2026 as North Korean Groups Lead Attacks

    Cryptocurrency projects lost over $1 billion across 212 separate hacks during the first half of 2026, according to a new report from blockchain security firm Blockaid. The firm described the period as the most-hacked half-year on record by incident count, verifying 3.4 times as many high-threshold exploits over six months as it did throughout all of 2025. However, total losses remained below the previous year’s figure.

    A $1.5 billion attack on Bybit pushed 2025 losses to $2.58 billion across 63 incidents. In contrast, 2026 produced more frequent attacks but smaller average thefts.

    North Korea-Linked Hackers Take Nearly $600 Million

    North Korea-linked hackers accounted for almost $600 million in stolen funds. Blockaid tied two major April attacks to those groups. The Drift Protocol exploit caused $285 million in losses, while the KelpDAO attack removed $292 million. Together, they represented more than half of the half-year total.

    Attackers drained Drift in about 12 minutes after compromising multisig signers. Blockaid linked that breach pattern to LinkedIn social engineering aimed at key holders. The report said the same method produced two of the four largest incidents and found no structural reason for attackers to stop using it.

    Ethereum and Solana Lead Network Losses

    Ethereum projects lost $332 million, while Solana projects lost $326 million. Those figures placed both networks ahead of every other blockchain in total losses. Code exploits caused most Ethereum incidents. Blockaid said attackers targeted Ethereum because it hosts high-value restaking platforms, stablecoins, and decentralized exchanges.

    Solana’s losses rose sharply from about $127 million in 2025. Key breaches and signing infrastructure failures caused more than 98% of its losses.

    AI Agents Create a New Security Threat

    Blockaid expects more AI agent exploits during the second half of 2026. The firm identified a $216,000 Bankr incident as the first exploit of its kind. AI agent deployment is expanding about tenfold each year, according to the report. Blockaid expects prompt injection to lead attack methods, followed by abuse of connected tools.

    Can security controls keep pace as attack frequency rises and AI agents spread? Recovery efforts at Drift and KelpDAO show the operational burden after major breaches. Drift proposed a recovery pool with exchange revenue and support from partners, including Tether. The plan includes up to $127.5 million and requires audits, dedicated signing devices, and a redesigned multisig.

    KelpDAO completed the operational phase of its recovery plan on May 25. It resumed minting and redemptions, while litigation over frozen funds continued. Meanwhile, a wallet tied to the Drift exploiter moved 23,095.1 Ether into Tornado Cash between July 23 and July 24. The transfer carried an estimated value of $44.4 million. The report now points to AI agents, signer security, and prompt injection as key risks for the second half.

  • Ethereum Institutional Raises Ecosystem Funding Round with Over 100 Backers

    Ethereum Institutional Raises Ecosystem Funding Round with Over 100 Backers

    Ethereum Institutional, a nonprofit organization, has completed its first ecosystem funding round, drawing support from more than 100 backers spanning the Ethereum ecosystem and regulated finance. The round was led by BitMine, SharpLink, Joe Lubin, and Mihai Alisie, though the exact amount raised remains undisclosed.

    The nonprofit aims to act as a neutral bridge connecting Ethereum with banks, asset managers, custodians, and public authorities. Its focus areas include tokenization, stablecoins, collateral systems, and on-chain market infrastructure.

    Backers Span Ethereum and Regulated Finance

    The backer list reflects broad support from across the crypto and traditional finance sectors. Decentralized finance platforms such as Aave, Compound, Morpho, and Uniswap participated, alongside Layer-2 networks like Arbitrum, Optimism, Linea, and ZKsync. Infrastructure providers Circle, Chainlink, Fireblocks, Ledger, and MetaMask also joined, as did analytics firms DefiLlama, Dune, Etherscan, and L2BEAT.

    Regulated financial firms including 21Shares, Anchorage Digital, Galaxy, Robinhood, and Securitize contributed to the round, as did Consensys and individuals such as Karl Floersch and Katherine Wu.

    Ethereum Institutional has not disclosed its budget, headcount, or first mandates, so the breadth of participation currently serves as the primary indicator of industry support.

    Nonprofit Model Targets Institutional Guidance

    The organization plans to approach institutions evaluating Ethereum, offering guidance without promoting a specific product or pursuing direct sales. Its nonprofit structure allows it to explain how tokenized bonds, fund units, and money market instruments can operate on Ethereum, as well as cover stablecoin payments and tokenized collateral.

    On-chain market infrastructure—systems supporting trading, settlement, and collateral movement directly through blockchain networks—forms another key focus area. The question remains: can a nonprofit become the trusted bridge between Ethereum and regulated finance? Future mandates will reveal whether institutions view the organization as a credible neutral adviser.

    Spin-Offs Reshape Ethereum Foundation Work

    Ethereum Institutional is one of three spin-offs linked to the Ethereum Foundation. Ethlabs focuses on protocol research, while EthSystems develops privacy tools for institutional users. EthSystems launched in mid-July 2026 under Mo Jalil, Oskar Thorén, and Aaryamann Challani. Unlike Ethereum Institutional, EthSystems operates for profit and sells privacy software.

    EthSystems’ work builds on foundational research involving central banks, regulators, and financial institutions, including projects on private bonds, confidential stablecoin transfers, and the Ethereum Privacy Map. These spin-offs follow a major foundation overhaul announced in June 2026, which cut staff by 20% and reorganized work into five clusters.

    BitMine and SharpLink support both Ethereum Institutional and EthSystems, and both public companies hold Ethereum as treasury assets, linking their balance sheets to wider institutional use of the network.

    A Brief Roundup

    Ethereum Institutional enters the market with backing from over 100 ecosystem and regulated finance supporters. Its nonprofit structure separates neutral guidance from commercial services, while EthSystems and Ethlabs handle privacy and protocol work. The next measurable step will come through disclosed mandates, staffing, and institutional projects.

  • Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin traded near $63,903 on Thursday, holding steady after the Federal Reserve kept interest rates unchanged at 3.50%-3.75%. Three policymakers pushed for a quarter-point hike, keeping the tone from turning fully dovish. Ethereum, XRP, and Solana remained range-bound, while ETF outflows and a stalled CLARITY Act kept investors cautious.

    Bitcoin Price Today

    Bitcoin trades at $63,902.66, up 0.01% over the past 24 hours, with a market cap near $1.28 trillion and 24-hour trading volume of $28.33 billion. Price action remains tied to Fed guidance and shifting Bitcoin ETF flow trends.

    Analyst Insights

    Bitcoin Needs $65,000 to Confirm Recovery

    Akshat Siddhant, Lead Quant Analyst at Mudrex, noted that Bitcoin rebounded sharply to $64,700 after the Fed’s decision. US spot Bitcoin ETFs logged a fourth straight day of outflows totaling $526 million this week. Bitcoin now needs to reclaim $65,000 to confirm the recovery, with $63,000 as key support ahead of Friday’s close.

    Fed Dissent Keeps September Hike Odds Alive

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,150 after the Fed’s steady hold. Markets now price roughly a 57% chance of a September hike. Institutional demand weakened, with spot Bitcoin ETFs recording combined outflows of nearly $526.5 million over four sessions. He advised staggering buying and waiting for Bitcoin to clear $66,700 with stronger spot demand.

    Futures Open Interest Hits Two-Month High

    The CoinSwitch Markets Desk reported that Bitcoin briefly moved above $64,000 after the Fed decision but dropped back as the Fed Chair held a firm line on inflation. Futures open interest climbed to a two-month high, and positive funding rates suggest many traders expect higher prices. Bitcoin needs to recover above $64,000 to improve momentum; a fall below $63,300 could trigger fresh selling pressure.

    CLARITY Act Momentum Offers Long-Term Support

    Nischal Shetty, founder of WazirX, said Bitcoin continues trading in a tight range. Developments around the CLARITY Act reinforce long-term adoption optimism. Geopolitical tensions and volatile oil prices keep risk assets on edge, while a softer dollar offers some support. Bitcoin gained 0.50% to $64,186, and Ethereum edged up 0.16% to $1,911.

    Oil Spike and Chip Selloff Add Pressure

    Piyush Walke, Derivatives Research Analyst at Delta Exchange, noted that the Fed’s steady hold met expectations, but equities sold off on hawkish dissent and a geopolitical shock. Bitcoin dipped near 1% to around $63,890. A selloff in Asian chip stocks and a sharp jump in oil prices added pressure. The $62,700-$63,000 zone marks Bitcoin’s first major demand area; a break lower could open a path toward $62,000.

    Crypto Prices Today: Top 10 Coins at a Glance

    Biggest Gainers: DOGE, XRP, BNB

    • Dogecoin led with a gain above 1.2%, extending its bounce from last week’s lows.
    • XRP and BNB also posted solid gains as the Fed’s steady hold eased near-term rate fears.

    Biggest Losers: HYPE, ENA, AAVE

    • Hyperliquid slipped over 1.5%, leading losses among the top 10 names.
    • Ethena and Aave dropped sharply, reflecting weaker demand across mid-cap DeFi tokens.

    Crypto News Today: Top Headlines Impacting Prices

    Fed Holds Rates Steady With Hawkish Dissent

    The Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday, matching expectations. Three policymakers pushed for a quarter-point hike. Traders now price roughly 57% odds of a September increase, keeping risk assets cautious.

    SEC Chair Backs CLARITY Act Amid Senate Delay

    SEC Chairman Paul Atkins publicly backed the CLARITY Act, offering technical help. The bill remains stalled after Senate leadership prioritized other floor business. A vote before the August 7 recess now looks unlikely. Analysts say passage would be the year’s biggest regulatory catalyst.

    Bitcoin ETF Outflow Streak Extends to Four Sessions

    US spot Bitcoin ETFs recorded a fourth straight day of net outflows, totaling nearly $526 million. BlackRock’s IBIT product led redemptions. The streak follows a strong mid-July run that had briefly restored confidence.

    Ethereum ETFs Extend Inflow Streak to Third Week

    Ethereum spot ETFs bucked the trend, extending their inflow streak to a third straight week. Morgan Stanley also launched new Ethereum and Solana spot ETPs alongside staking-based funds, adding fresh institutional access points.

    Oil Price Spike Adds Fresh Macro Pressure

    Asian chip stocks sold off sharply, dragging risk sentiment lower. Oil prices jumped, with WTI and Brent crude climbing. Higher oil prices could feed into upcoming inflation readings, complicating the Fed’s rate path.

    Zcash Completes Ironwood Network Upgrade

    Zcash activated its Ironwood upgrade, phasing out a shielded pool flagged for security concerns. The upgrade strengthens privacy infrastructure, and Zcash has posted strong weekly gains, outperforming most large-cap tokens.

    Investor and Market Outlook

    Bitcoin holds near $63,903 as traders weigh the Fed’s steady hold against fragile ETF flows. A close above $66,700 could open a path toward $68,000 resistance. A slip below $62,700 risks exposing deeper support near $61,000. Ethereum trades near $1,900, holding steady after a volatile week. The CLARITY Act’s Senate timeline stands as this month’s defining catalyst for broader market direction.

    FAQs

    What is the Bitcoin price today?
    Bitcoin trades near $63,902.66, up 0.01% over the past 24 hours. Support sits near $62,700, while resistance builds between $65,000 and $66,700.

    Why is the Fed decision affecting crypto prices?
    The Fed held rates steady, but three policymakers pushed for a hike, keeping September rate-hike odds near 57% and pressuring Bitcoin and altcoins.

    What is the biggest crypto news today?
    The CLARITY Act’s stalled Senate progress and a fourth day of Bitcoin ETF outflows are shaping sentiment. Ethereum ETF inflows and Morgan Stanley’s new Solana ETP add a contrasting institutional signal.

    Which coins are performing best today?
    Dogecoin leads with a rise above 1.2%, followed by XRP and BNB. Hyperliquid, Ethena, and Aave post the sharpest losses.

    What should investors watch this week?
    Track Friday’s month-end close, the CLARITY Act’s Senate timeline, and Bitcoin ETF flow trends. GDP and PCE inflation data due soon could shift rate expectations.

  • Ethereum Price Analysis: Key Support and Resistance Levels to Watch

    Ethereum Price Analysis: Key Support and Resistance Levels to Watch

    Ethereum has entered a critical phase after a sharp June decline and a steady recovery through July. The digital asset currently trades near $1,919–$1,923, with the daily chart showing a close near $1,893. The latest session ended with a small loss of around 1%, yet the broader price structure remains stable. Market sentiment has shifted from panic to caution, and buyers have returned near lower levels, keeping Ethereum above a key technical area. The next few trading sessions may determine whether the recovery extends or a pullback begins.

    Key Takeaways

    • Ethereum remains above the 20-day moving average near $1,872, keeping the recovery intact.
    • Resistance between $1,970 and $2,000 will likely decide the next bullish breakout.
    • A drop below $1,870 could increase the risk of a move toward $1,775 or $1,700.

    The Daily Chart Shows Strength Above Key Support

    The daily chart highlights an important support level near the 20-day moving average at $1,872. Ethereum continues to trade above this line, which often signals that buyers still hold short-term control. As long as the price remains above this level, the current recovery keeps its structure. The Bollinger Bands also show an important range for traders: the upper band near $1,970 and the lower band close to $1,774. Ethereum now trades between these two levels, leaving room for movement in either direction. Price action near the middle of the band usually points to a period where traders wait for the next clear signal. Recent candles also show higher lows after the June bottom near $1,510, a pattern that often reflects stronger demand as buyers enter earlier.

    Resistance Levels Hold the Key to the Next Rally

    Ethereum faces several resistance areas before a serious upward move can occur. The first level lies between $1,920 and $1,930, where trading has recently slowed. A move above this region could spark renewed demand. The next notable level is around $1,970, where the upper Bollinger Band sits. A decisive break above this level could increase market confidence. The most critical resistance is the $2,000 level, which is both technically and psychologically important. If Ethereum breaks and holds above $2,000, the next target is around $2,180–$2,200, signaling stronger bullish momentum.

    Strong Support Levels Continue to Protect the Trend

    Support remains the most important part of the current chart. The first line of defense is near $1,870 (the 20-day moving average), which buyers have defended in recent sessions. The second support level is near $1,775, close to the lower Bollinger Band. A fall toward this area may attract fresh buying if market confidence stays stable. Below that, Ethereum has another strong demand zone between $1,700 and $1,720. A break below this support would weaken the recovery. The final major support remains near $1,510, the June swing low. A return to this level would erase much of the recent progress.

    Market Sentiment Remains Careful but Positive

    Compared to June, market mood has lifted, but traders remain cautious. The general cryptocurrency market has been less successful lately, and global uncertainty limits risk appetite. Over the last week, Ethereum lagged behind Bitcoin, but the chart shows it stays above critical support levels. Institutional investors have been accumulating Ethereum, indicating optimism despite short-term weakness. Many analysts are watching the $2,000 level closely, as a breakout could spark broader enthusiasm across the crypto industry.

    Why This Matters

    Ethereum has reached a critical point where key support and resistance levels may shape its next major move. Investors, traders, and analysts are closely watching these price zones to gauge market strength, identify possible breakout opportunities, and assess downside risk. The outcome could also influence sentiment across the broader cryptocurrency market.

    Outlook Depends on Support and Resistance

    Ethereum stands at a decisive point. The recovery from the June low has created a stronger technical picture, with higher lows showing buyer return. Price remains above the rising 20-day moving average, supporting the current trend. The next challenge sits between $1,970 and $2,000. A breakout above this resistance zone may open the path toward $2,180–$2,200. Conversely, a fall below $1,870 could shift attention toward $1,775 and then $1,700. The coming sessions will likely shape Ethereum’s next major move, and traders across the crypto market are watching these key levels for the next clear signal.

    FAQs

    1. What is Ethereum’s key support level right now? The immediate support stands near $1,870, close to the 20-day moving average.
    2. Which resistance level should traders watch? The major resistance zone lies between $1,970 and $2,000.
    3. Why is the $2,000 level important? It serves as a major psychological and technical resistance that could confirm stronger bullish momentum if broken.
    4. What happens if Ethereum falls below $1,870? The next important support levels are around $1,775 and then $1,700.
  • Google Gemini AI Forecasts Ethereum Surge by Late August 2026

    Google Gemini AI Forecasts Ethereum Surge by Late August 2026

    Google’s Gemini AI has issued a bullish prediction for Ethereum, suggesting the second-largest cryptocurrency could experience a significant rally by the end of August 2026. The forecast comes amid growing institutional interest, network expansion, and favorable market sentiment.

    Key Drivers Behind the Prediction

    • Bullish Momentum: Gemini AI projects Ethereum could climb substantially if current market trends persist.
    • ETF Inflows: Rising institutional investments through Ethereum ETFs are bolstering investor confidence.
    • Network Growth: An increasing number of developers and decentralized applications are expanding Ethereum’s ecosystem.
    • Layer-2 Adoption: Scaling solutions are reducing transaction costs while improving network efficiency.
    • Market Sentiment: Improving crypto sentiment is encouraging both retail and institutional investors.

    Potential Risks and Catalysts

    While the outlook is optimistic, regulatory uncertainty and macroeconomic events could introduce short-term volatility. Key price catalysts include strong on-chain activity and rising demand. Investors should monitor ETF flows, staking activity, Federal Reserve decisions, and overall crypto market trends.

  • Bitcoin ETF Outflows, Luno Layoffs, Morgan Stanley Crypto Trusts, and Myanmar Anti-Scam Law: Top Crypto News

    Bitcoin ETF Outflows, Luno Layoffs, Morgan Stanley Crypto Trusts, and Myanmar Anti-Scam Law: Top Crypto News

    Bitcoin Spot ETFs See $49.75M in Net Outflows

    According to SoSoValue, Bitcoin spot ETFs recorded a total net outflow of $49.75 million yesterday. The Grayscale Bitcoin Mini Trust ETF ($BTC) saw the highest net inflow of $5.08 million, bringing its historical net inflow to $2.65 billion. Conversely, BlackRock’s IBIT led outflows with $54.83 million, though its cumulative net inflow remains at $60.33 billion. Overall, Bitcoin spot ETFs hold a net asset value of $77.23 billion, with a net asset ratio of 6.02% and a cumulative net inflow of $51.32 billion.

    Luno Cuts 20% of Global Workforce

    Crypto exchange Luno announced a 20% reduction in its global workforce as part of a corporate restructuring plan revealed in July 2026. CEO James Lanigan cited the need to adjust the operating structure in response to recent crypto market volatility, including prolonged price declines in Bitcoin, Ethereum, and Solana. The company has invested heavily in automation and process improvements over the past year. Luno currently serves 16 million users across Africa and Asia-Pacific markets.

    Robinhood Chain TVL Reaches $332 Million

    Total value locked (TVL) on Robinhood Chain has climbed to approximately $325 million, with no daily declines since launch. However, daily DEX volume averaged $553 million last week, a 27% drop from the previous week. Active accounts fell to around 275,000 per day, a 7% weekly decline. The DEX volume-to-TVL ratio dropped from 9.25x in mid-July to 1.68x by last Friday. Robinhood Earn’s estimated 7% APY on USDG appears to be a major driver, though trading volume per active account slid to $2,000 from a peak of $2,800.

    Morgan Stanley Launches Ethereum and Solana Trusts

    Morgan Stanley Investment Management launched the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) on Tuesday, trading on NYSE Arca. Both products charge an annual management fee of 0.14%, among the lowest for U.S. crypto exchange-traded products. They hold digital assets directly, allowing investors to gain price exposure through traditional brokerage accounts without managing wallets or private keys.

    Myanmar Passes Anti-Crypto Scam Bill

    Myanmar’s Parliament approved the Anti-Online Scam Bill on July 28, targeting digital-currency fraud, online scam centers, forced scam labor, and financial networks supporting scams. The state-run Global New Light of Myanmar reported the bill’s full approval. However, the final text, presidential assent, and commencement date are not yet publicly available. Penalties remain based on the May draft and lawmakers’ comments.

  • SEC Chairman Backs CLARITY Act as Fed Decision Caps Crypto Recovery

    SEC Chairman Backs CLARITY Act as Fed Decision Caps Crypto Recovery

    The cryptocurrency market edged higher on July 29 after SEC Chairman Paul Atkins voiced support for the CLARITY Act, but the rebound remained limited as traders awaited the Federal Reserve’s interest rate decision. Bitcoin rose 0.62% to $63,895.34, while Ethereum added 1.12% and traded at $1,906.56. The overall market gained 0.57% over 24 hours.

    SEC Support Halts the Immediate Crypto Sell-Off

    Atkins stated on X that he remains committed to helping Congress advance the CLARITY Act and offered technical assistance during the legislative process. He emphasized that U.S. leadership in digital finance requires a regulatory framework that supports domestic innovators. His comments helped Bitcoin recover the $63,000 level after a broad market decline on July 28, when reports that the Senate had suspended its review pushed Bitcoin down about $3,000. Ethereum also lost about $100 and fell below $1,900 before Atkins’ statement halted the immediate sell-off.

    Senate Delay and FOMC Decision Restrict Demand

    The Senate Majority Leader placed a Russia sanctions bill ahead of the CLARITY Act, leaving little time for a vote before Congress began its August recess. Attention also shifted to the Federal Reserve’s rate decision at 2 p.m. Eastern Time on July 29. High borrowing costs can support demand for Treasuries and dollar assets. CME data showed a 70.6% probability that the Fed would keep interest rates unchanged and a 29.4% probability of a 25-basis-point increase. The modest rebound demonstrated that the market still faced competing policy signals.

    Bitcoin ETF Outflows Meet New ETH and SOL Funds

    Spot Bitcoin ETFs recorded a fourth consecutive day of net outflows, with the latest session producing $49.75 million in withdrawals. Institutional observers viewed the four-day pattern as a possible sign of portfolio repositioning rather than simple profit-taking. Meanwhile, Morgan Stanley launched the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on NYSE Arca, using the tickers MSSE and MSOL. Both funds charge a 0.14% expense ratio, described as the market’s lowest. Morgan Stanley also plans to stake part of each trust’s ETH and SOL holdings, passing staking rewards directly to investors. Amy Oldenburg, head of digital asset strategy at Morgan Stanley, said digital assets were becoming more important within diversified portfolios.

    Conclusion

    Atkins’ support helped Bitcoin and Ethereum recover, but Senate delays, the FOMC decision, and four straight Bitcoin ETF outflow days limited momentum. Morgan Stanley’s low-cost Ethereum and Solana trusts added another institutional route into digital assets. Attention now turns to the Fed announcement and Congress’s next steps.

  • Bitcoin Holds Steady Near $63.9K, Ethereum and XRP Gain Ahead of Fed Decision

    Bitcoin Holds Steady Near $63.9K, Ethereum and XRP Gain Ahead of Fed Decision

    Bitcoin traded near $63,882, up 0.96%, as investors awaited the Federal Reserve’s rate decision. Whale accumulation supported sentiment despite ETF outflows and liquidations, while Ethereum, XRP, and Hyperliquid outperformed. Markets now watch the Fed for the next major crypto catalyst.

    Bitcoin Price Today

    Bitcoin trades at $63,882.29, up 0.96% over the past 24 hours. This reflects live CoinMarketCap data tracked through today’s session. Market cap stands near $1.28 trillion, with 24-hour volume at $23.65 billion. Price action stays tied to Fed rate bets and whale accumulation trends.

    Whales Accumulate Despite Weak Sentiment

    Akshat Siddhant, Lead Quant Analyst at Mudrex, said Bitcoin is consolidating after briefly touching a 10-day low near $63,000. A sell-off in Asian semiconductor stocks spilled into crypto this week. Liquidations crossed $510 million, while ETF outflows added further pressure. Whale wallets still added nearly 19,700 BTC over eight days. Bitcoin needs to reclaim $65,000 to regain momentum.

    Fed Decision and Inflation Data in Focus

    The CoinSwitch Markets Desk noted BTC dipped below $63,000 on Senate delays around the CLARITY Act. Prices recovered toward $64,000 soon after. Near-term direction depends on the Fed’s tone, core PCE inflation, and GDP data. A rate hold with softer guidance could push Bitcoin toward $68,000.

    Institutions Turn Cautious Before FOMC

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $63,620 heading into the Fed decision. Markets still see roughly a 33% chance of a rate hike this cycle. US spot Bitcoin ETFs booked outflows near $476.8 million across three sessions. Support holds near $62,700, with resistance at $66,700. He advised staggered buying over large directional bets.

    Consolidation Ahead of the Next Catalyst

    Riya Sehgal, Research Analyst at Delta Exchange, said crypto markets are consolidating after the recent correction. Bitcoin is recovering from support but stays below the $65,500 resistance zone. Ethereum mirrors this pattern, holding support near $1,865. Elevated oil prices remain a watch point for inflation and Fed policy.

    Institutional Flows Turn Selective

    Nischal Shetty, founder of WazirX, said Bitcoin retreated earlier this week before stabilizing near $63,785. Liquidation activity and softer institutional flows weighed on broader sentiment. Spot Bitcoin ETFs saw modest outflows, while Ethereum products kept attracting inflows. XRP holds above $1.05, with a push past $1.10 signaling renewed altcoin strength.

    Crypto Prices Today: Top 10 Coins at a Glance

    Based on live CoinMarketCap data as of today’s session.

    Biggest Gainers: HYPE, XRP, ETH

    Hyperliquid led the top 10 board, climbing close to 4% through the session. XRP followed with a sharp 2% move, while Ethereum extended its steady climb past $1,900.

    Relative Laggards: USDC, USDT, SOL

    Stablecoins stayed pinned near their peg, barely moving through the day. Solana posted the smallest gain among majors, holding just above the $73 mark.

    Crypto News Today: Top Headlines Impacting Prices

    Macro data, regulatory delays, and geopolitical risk are steering sentiment across desks today.

    Fed Meeting Concludes With Rate Verdict Due

    The Fed’s two-day meeting wraps up today, with the decision and press conference due this afternoon. CME’s FedWatch data shows hold odds have firmed, though hike bets stay elevated. Traders view this announcement as the week’s defining catalyst for crypto and equities alike.

    Apple Crosses $5 Trillion as Oil Rebounds on Iran Tensions

    Apple’s stock hit an all-time high, pushing its market capitalization above $5 trillion past Nvidia. Reports of renewed tension near a US military base sent crude oil rebounding sharply higher. The move revived geopolitical risk concerns that had briefly eased earlier this month, adding pressure on rate-sensitive assets.

    CLARITY Act Stays Stalled in the Senate

    The crypto market structure bill remains stuck over ethics provisions, with Republicans needing seven Democratic votes to advance it. Prediction markets have trimmed 2026 passage odds sharply from earlier estimates. The delay keeps regulatory uncertainty elevated for exchanges awaiting clearer digital asset rules heading into August.

    Whale Wallets Keep Buying Through the Dip

    On-chain data shows large Bitcoin holders added nearly 19,700 BTC over eight sessions. This accumulation came even as spot ETF flows turned choppy and outflows persisted. Analysts read this as a sign of longer-term conviction beneath short-term price weakness.

    Ethereum ETFs Keep Attracting Fresh Inflows

    Spot Ethereum products continued pulling in fresh capital even as Bitcoin funds saw outflows. This divergence suggests institutional investors are rotating exposure rather than exiting crypto broadly. Ether’s relative strength this week reflects that shifting allocation pattern among larger funds.

    HYPE Token Unlock Adds Supply Pressure

    Hyperliquid faces a token unlock releasing over 4% of circulating supply this week. Despite the added supply, HYPE still posted the sharpest gain among the top 10 coins. Traders are watching whether this momentum holds once the unlocked tokens hit the market.

    Investor and Market Outlook

    Bitcoin holds near $63,880 as traders weigh whale accumulation against Fed rate uncertainty. A close above $65,000 could open a path toward the $68,000 resistance zone. A slip below $63,000 risks exposing support closer to $62,500 in coming sessions.

    Ethereum trades near $1,903, holding firm above key support after a volatile week. Altcoins including Hyperliquid and XRP remain most sensitive to shifts in risk appetite. The Fed’s rate verdict stands as this week’s defining catalyst for broader crypto direction.

    FAQs

    What is the Bitcoin price today?

    Bitcoin trades near $63,882.29, up 0.96% over the past 24 hours. Support holds near $63,000, while resistance builds around $65,000 and $68,000. Analysts expect range-bound trading until the Fed’s decision brings clearer direction to markets this week.

    Why is the Fed meeting affecting crypto prices?

    Traders are pricing in a likely hold with some chance of a hawkish surprise at today’s FOMC decision. Higher rate expectations typically pressure risk assets like Bitcoin and altcoins. A dovish tone could ease that pressure and support a relief rally.

    What is the biggest crypto news today?

    The CLARITY Act’s stalled Senate progress and Apple’s $5 trillion milestone are shaping sentiment today. Renewed Iran-linked tensions pushed oil higher, adding fresh weight to the broader market narrative heading into the Fed decision.

    Which coins are performing best today?

    Hyperliquid leads gains with a near 4% rise, followed by XRP and Ethereum with solid advances. Stablecoins and Solana posted the smallest moves, staying relatively flat across the top 10 board today.

    What should investors watch this week?

    Track the Federal Reserve’s rate verdict, ETF flow trends, and Bitcoin’s key support zones closely. Senate action on the CLARITY Act remains a critical signal. Watch Treasury yields and oil prices for added direction cues.

  • Ethereum Stalls, Litecoin Edges Up, BlockDAG Surges: CLAIM50 Bonus Ends in 48 Hours with 50% Extra BDAG

    Ethereum Stalls, Litecoin Edges Up, BlockDAG Surges: CLAIM50 Bonus Ends in 48 Hours with 50% Extra BDAG

    Picking the best crypto to buy today comes down to reading three very different stories. The Ethereum price forecast 2030 is under fresh debate as ETH slips near $1,860 and hunts for a true market bottom. The Litecoin price prediction has turned brighter after a 16% jump, but bulls still need to defend the newly won levels. Both coins carry weight, and both carry waiting. BlockDAG is running a completely different clock. With only 2 days left to use code CLAIM50 for 50% extra BDAG, and a buyback deal letting buyers enter at $0.0000077 and exit at $0.02, the noise around BDAG is only getting louder.

    Ethereum Price Forecast 2030: A Bottom in Sight but Not Yet Confirmed

    The Ethereum price forecast 2030 hinges on whether ETH can finally find a firm floor. Right now, ETH sits near $1,960 after falling from an all-time high of $4,946 to a low of $1,400 in June. On-chain data shows ETH trading about 17% below its realized price of $2,304, which means most holders are underwater. That kind of pressure often exhausts sellers over time. As an option for the best crypto to buy today, ETH looks cheap but risky. A drop below the 20- and 50-day EMAs near $1,830 could send it back toward $1,800, while the Ethereum price forecast 2030 needs a clean break above $2,019 to turn bullish.

    Litecoin Price Prediction: Breakout Builds Slowly Toward $49.50

    The Litecoin price prediction is looking better after a 16% jump pushed LTC to $47.64. The move came from growing ETF hopes and steady buying from big investors. What matters more is that Litecoin turned an old resistance level into fresh support, showing buyers are slowly taking back control. The chart tells a calm story too: LTC is making higher lows step by step, not one wild pump. Binance and Bybit are leading the way in LTC futures, which backs the shift. Among the best cryptos to buy today, LTC is getting a second look. Still, the Litecoin price prediction only holds if buyers defend the new support. A move above $49.50 opens more upside, while a drop below wipes out recent gains.

    Only 2 Days Left: BlockDAG’s CLAIM50 Bonus Is About to Vanish

    Two days. That is all that is left before code CLAIM50 quietly disappears, and with it the chance to walk away with 50% extra BDAG. Anyone still scanning for the best crypto to buy today needs to look at the raw numbers on the table right now. Here is the deal in plain terms: buy BDAG at $0.0000077 and sell at $0.02 through the buyback program with code BUYBACK. No chart theory, no analyst forecast, just a clear entry and exit price. Now stack CLAIM50 on top: complete three purchases with the code, and 50% extra BDAG lands on both new qualifying buys and eligible existing claim batches. So the buyer is not just entering at $0.0000077; they are entering with more coins than they actually paid for, and every extra coin points at the same $0.02 exit.

    BlockDAG nodes are currently being reinforced to make the network stronger than ever. During maintenance, some temporary delays with transfers, balance updates, and on-chain transactions may appear as the network keeps scaling. That is what real growth looks like under the hood. BlockDAG is stacking new pillars into the ecosystem at full speed. The BlockDAG Super App is on the runway, wrapping mining, wallet, swaps, staking, and dApps into a single mobile experience — one app that turns a phone into a full crypto command center. The BDAG Exchange is preparing to open its doors, giving the community a fast, secure, and native trading venue built for BDAG and the wider ecosystem. On every serious list of the best crypto to buy today, BDAG is the only name pairing a stacked bonus, a defined exit price, and a pipeline of products landing back-to-back.

    Final Say: Weighing the Options for the Weeks Ahead

    Every Ethereum price forecast 2030 sits on a “close but not confirmed” bottom, and every Litecoin price prediction leans on a breakout that still has to prove itself. Real coins, real potential, real waiting — and waiting is the one thing this market rarely rewards fast enough. BlockDAG hands over something completely different: only 2 days remain to stack 50% extra BDAG through CLAIM50 on top of an entry priced at $0.0000077, all sitting inside a buyback that pays out at $0.02. That is why so many are calling BDAG the best crypto to buy today. The countdown is loud now, and buyers are rushing in before the door closes.

    After-Sale: https://purchase.blockdag.network
    Website: https://blockdag.network
    Telegram: https://t.me/blockDAGnetworkOfficial
    Discord: https://discord.gg/Q7BxghMVyu

    Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.