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Interview with Bitwise Trader Jeff Park, who predicts a significant increase in Bitcoin ETF inflows, reaching $300 billion by 2026 and an estimated $120 billion by the end of this year.
Share link:In this post: Solana treasury firm Upexi secures a $500M line of credit deal with A.G.P./Alliance Global Partners to fund the acquisition of more SOL. Upexi CEO Allan Marshall said the equity line gave his company additional means and flexibility to raise capital to boost its SOL position. Upexi’s shares (Nasdaq: UPXI) slightly increased from $6.11 to $6.49 on July 28, with a strong trading volume of roughly 3.24M shares.
Share link:In this post: Four of the Magnificent 7 are reporting earnings this week, raising fears about their outsized impact on Wall Street. The S&P 500 has surged 67% since 2023, mostly driven by a handful of large-cap tech stocks. The group accounted for 52% of last year’s total earnings growth, leaving the rest of the market behind.
Share link:In this post: Bernstein noted that Ethereum treasuries face liquidity risks and smart contract vulnerabilities due to staking mechanisms. The firm argued that ETH’s yield generation comes with governance challenges in DAOs. The company believes ETH treasuries will hit $30-50M annual returns once scalability and legal frameworks mature.
Share link:In this post: Konstantin Lomashuk, the Founder of Lido, received an 85M USDT loan from lending protocol Aave to purchase ETH. Lookonchain reported that Lomashuk first transferred 80M USDT to the Amber Group, which redirected all funds to an exchange and swapped them for over 15K ETH. A recent report by Lomashuk and Cyber.Fund’s Head of Research, Artem Kotelskiy, claimed that ETH was “ultrasound money.”
The crypto market is shifting toward an altcoin season, with Ethereum leading the way. Ethereum's growth and capital flow from Bitcoin are setting the stage for a broader altcoin rally in 2025.
- 16:54US SEC Delays Review of Franklin Spot XRP ETF ApplicationChainCatcher news, the US SEC has postponed the review of Franklin's spot XRP ETF application, extending the original deadline to November 14, 2025.
- 16:37Hyperliquid completes pre-market perpetual contract conversion for LINEAJinse Finance reported that Hyperliquid announced the LINEA pre-market perpetual contract has been converted to a regular perpetual contract, supporting up to 3x leverage.
- 16:24Linea: Adds 12 million LINEA rewards to this week's liquidity incentivesJinse Finance reported that Linea has announced an additional 12 million LINEA rewards for this week's Linea Ignition liquidity incentives, to be provided to deposit LPs of the ETH/LINEA trading pair on Etherex. Previously, on September 7, Linea announced that this week's Linea Ignition liquidity incentive program would distribute 160 million LINEA tokens as incentives, up from the originally planned 150 million. The total rewards for USDC, USDT, and ETH in the Aave and Euler lending pools amount to 128 million LINEA tokens, while the total rewards for trading on Etherex (trading pairs include USDC/ETH, WBTC/ETH, USDT/ETH, ETH/REX) amount to 32 million LINEA tokens.