Crypto

Ethereum leads the DeFi boom with nearly 60% market share, while advanced yield strategies and rising activity on Solana and Sui drive cross-chain growth.

Hedera (HBAR) was also among the top performers, gaining 11.9% over the weekend.

Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remained unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission filing on Monday. The price of Bitcoin climbed from about $118,000 to more than $119,000 over the course of the week, despite Strategy’s inactivity and a reported 80,000 BTC sale by an early investor on Friday, according to data from CoinGecko. Read more

A popular crypto analyst on X sees ETH reaching $8,000 to $13,000 in Q4; meanwhile, SharpLink Gaming adds $295 million worth of ether to its treasury.

The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.

The expansion brings tokenized versions of credit and U.S. Treasury funds to Avalanche as part of the network's institutional finance push.

Grove will deploy capital to two Janus Henderson products on the Avalanche blockchain, targeting US Treasurys and collateralized loan obligations. Grove, an institutional-grade credit protocol backed by Steakhouse Financial, is targeting $250 million in real-world assets (RWAs) on the Avalanche blockchain — a move that will significantly expand the network’s tokenization footprint. As part of this effort, Grove is partnering with the tokenization platform Centrifuge to launch two Janus Henderson products on Avalanche. Janus Henderson is a $373 billion asset manager known for its mutual funds, exchange-traded funds (ETFs) and alternative investments Initially, Grove will deploy capital to the Janus Henderson Anemoy AAA CLO Fund (JAAA) and the Janus Henderson Anemoy Treasury Fund (JTRSY). Read more

MetaMask Stablecoin Earn now offers users interest on USDC, USDT and DAI via Aave’s lending markets.

Monero is facing a controversial, economically powered hashrate takeover attempt by Qubic, a mining pool and crypto network led by Iota co-founder Sergey Ivancheglo. Privacy-focused Monero is facing what appears to be an attempted network takeover by former top mining pool Qubic, prompting community backlash and concerns over hashrate centralization. As of Monday, Qubic had fallen from the top spot on the Monero (XMR) mining pool rankings to seventh, according to MiningPoolStats data. After the community noticed the pool looked to be openly performing a network takeover, the pool’s hashrate plummeted until it fell into its current position as the seventh-largest XMR mining pool. In a June 30 blog post, Qubic revealed that it had begun incentivizing Monero CPU mining via its own network. The mined XMR would then be used to fund buybacks and token burns for the Qubic ecosystem. “QUBIC miners now perform real-world tasks (Monero mining) that generate real market value, which in turn strengthens the QUBIC economy...

Bitcoin and Ethereum ETFs broke records in July with $11.2 billion monthly inflows, as ETH funds continue to outpace Bitcoin.

The non-bank lender will allocate nearly all of a $450 million private placement to Sui’s native token

The Series A funding round was led by Pharsalus Capital and included contributions from Circle Ventures, The Operating Group and XVC Tech

Binance Smart Chain’s native token BNB has hit a new all-time high, as other major altcoins begin to climb.

Quinn Campbell says the future of on-chain games depends on building a system that can fail fast—and learn faster.

Murad Mahmudov-labelled wallets from data aggregator DropsTab suggest that the influencer sits on $68 million in memecoin profit. Crypto investor Murad Mahmudov is sitting on tens of millions of dollars in unrealized profits from memecoins, according to blockchain data, adding fuel to the ongoing debate over his “memecoin supercycle” thesis. Data from the onchain data aggregator DropsTab shows that Mahmudov holds over $70 million in memecoins, with just $1.86 million in capital invested. That puts his total unrealized profit at approximately $68.3 million. The data shows his biggest winner is a memecoin called SPX6900 (SPX), which surged over 10,500% in the past year. His entry price on SPX was $0.01036, but the token now trades at $2.24. Based on the data, his profit from SPX alone exceeds $66 million. Read more

Anatoly Yakovenko dismissed meme coins and NFTs as having “no intrinsic value” in a discussion with Base creator Jesse Pollak.

Japanese company Metaplanet cemented its status as the top non-US Bitcoin treasury with a 780 BTC purchase, bringing its total holdings to 17,132 BTC. Japanese investment company Metaplanet bought an additional 780 Bitcoin, reinforcing its position as the only non-US company among the top 10 corporate Bitcoin holders. The company disclosed the acquisition in a Monday announcement. Following its latest Bitcoin (BTC) purchase, Metaplanet’s holdings reached a total of 17,132 BTC, with an average purchase price on the newly added Bitcoin of 17,520,454 Japanese yen per coin (around $118,145) for a total cost of about $92 million. Metaplanet has spent a total of $1.7 billion on Bitcoin at an average cost of $99,640 per coin. Read more

XRP price is up today amid a marketwide recovery, but traders say key support levels must hold to reach new all-time highs. Key takeaways: Whales continue to accumulate XRP, creating a steady tailwind for price. XRP price must hold a key support level to continue climbing toward $4, analysts say. Read more

Eigen Labs CEO Sreeram Kannan told Cointelegraph that Eigenlayer’s upgrade allows decentralized services to have both Ethereum-grade security and scalability. Eigenlayer took a step toward scaling decentralized infrastructure by rolling out a multichain verification feature that allows decentralized services to run on layer-2 networks while retaining Ethereum-grade security.  On Thursday, Eigenlayer introduced a protocol feature that lets Actively Validated Services (AVS) run on layer 2s, in addition to the Ethereum network. Eigen Labs launched the new feature on the Sepolia Testnet on the Base network.   Eigen Labs founder and CEO Sreeram Kannan told Cointelegraph the update marked a “critical milestone” in the company’s roadmap. He said that while the feature is launching on Base Sepolia, they plan to roll it out to additional blockchains soon.  Read more

Although Bitcoin ETPs saw losses against altcoin funds last week, the trend probably implied the anticipation of ETFs rather than a broad altcoin season, CoinShares’ head of research said. Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, according to a Monday report from European crypto asset manager CoinShares. The latest inflows came despite heightened market volatility as Bitcoin (BTC) tumbled to as low as $115,000 by the end of the week, while Ether (ETH) briefly dropped below $3,600 on Thursday, according to CoinGecko. Read more