ETH Price Rises As The Crypto Market Falls — MicroStrategy Keeps Accumulating Bitcoin: Best Crypto To Buy?

The cryptocurrency market is flashing conflicting signals, leaving investors who wonder which they are the best cryptocurrency to be purchased right now. While the capitalization of the global market has fallen to $ 3.87 trillions and main altcoins such as XRP (-0.50%), Solana (-2.4%) and BNB (-3.61%) have slipped into red, some resources show a surprising force.

Ethereum (ETH) is one of these, it rises by 0.37% to remain firmly above $ 3,800. At the same time, Bitcoin rebounded above $ 118,000 as the strategy (previously microstratey) confirmed a new purchase of BTC from $ 2.46 billion. With 21,021 BTC in multiple additions with an average of $ 117,256, the strategy now holds 628,791 BTC for a value of $ 74.26 billion, with an unrealized profit of over $ 28 billion.

Explore: 9+ Best at high risk, high -level encryption to buy in 2025

Bitcoin Etfs continued to attract the interest of investors on July 29, recording a net influx of $ 80 million. The greatest collaborator was Ibit of Blackrock, which brought $ 157.6 million. In the meantime, some older Etfs such as GBTC and Bitb have seen deceased, with GBTC alone who loses $ 49 million.

Despite some deceased, this marks the third consecutive day of positive net afflusted, showing that the demand for exposure to Bitcoin through the ETFs remains strong, even when the wider cryptocurrency market cools down. ETF Ethereum have also seen a net influx of $ 218 million.

The feeling of the market remains greedy, with the index of fear and greed still at 63 years old. This suggests that correction has not shaken long -term trust. So where is the smart money scrolling?

9 hours ago

Meeting FOMC Today: Rate to stay, Trump wants Powell to cut

Fatima

From Fatima

Today, the Federal Open Market Committee (FOMC) concludes its two -day meeting to determine the direction of the monetary policy of the United States. The decision should be announced in a few hours, followed by Jerome Powell’s speech later. This rate influences the economy and, of course, the cryptocurrency market.

Market analysts provide that the FOMC will maintain the current interest rate after the meeting, concluding it with the fifth consecutive meeting without changes, although there is a push from the president to cut it. President Donald Trump was vocal in his desire for a cutting of Powell, also to threaten to remove Powell from the chair. Yes, it was a moment Lol.

Read the full article here

10 hours ago

From the peak to dive: pump.fun faces a hard reality of the market

Fatima

From Fatima

Pump.fun, once the dominant memecoin launchpad is rapidly losing relevance. The daily revenues recently went down below $ 300,000, the lowest from September 2024, down by a peak of $ 7 million in January. Trader Interest has moved to rival platforms such as LetsBonk, where almost 20,000 new tokens were launched in just one day compared to Pump.Fun’s 4.600.

Legal problems are aggravating the fall of the platform. A legal case accuses Pump.Fun of managing a fraudulent scheme, including rigged launches and insider trading. In the meantime, users’ numbers have fallen from 425,000 to January to only 65,000, with over 60% of the red wallets.

The price of the token is also falling, falling by 64% from its $ 0.00688 ATH at the current price of $ 0.002466.

While Pump.fun vanishes, attention is turning towards new narratives of memes such as Token6900, a project that is fully transparent on being inserted. With over $ 1.44 m collected in its presale and zero false utility, T6900 relies on the absurdity with unparalleled self -awareness. His vita and -free religion is resounding with a new wave of trader of Memecoin.

Pump.fun may have opened the way to fast launches, but the market now craves the authentic chaos and token6900 could only be the next SPX6900.

Visit T6900 here

11 hours ago

$ 17 million xrp/USD Heist: widow of the country legend George Jones victim of cryptocurrency theft

Fatima

From Fatima

What started as suspicion of cheating ended with an arrest for the theft of XRP/USD. Nancy Jones, a widow of the George Jones campaign icon, says that her longtime partner, Kirk West, stole more than $ 17 million in XRP from his Tennessee house.

DANG, you never want to see it happen at your XRP. Rip.

According to reports, with doubts about West’s loyalty, Jones asked his nephew to verify his money, just to find that a registry wallet and $ 400,000 in cash had disappeared. That wallet contained over 5.5 million token XRP.

West was taken from the police at Nashville international airport on July 24, just as the Franklin police opened their investigations.

Read the full article here

12 hours ago

Sec opens the door for reimbursements in nature in cryptographic Etfs

Fatima

From Fatima

The US Securities and Exchange Commission has approved reimbursements in nature for Bitcoin and Ethereum exchange products negotiated. This means that ETF broadcasters and authorized participants can now deliver or receive effective bitcoins or ether during the creation or redemption of actions. Until now, they had to use cash. This modification of the rule approaches cryptographic Etfs to how the ETFs of goods such as gold are managed.

Read the full article here

15 hours ago

The whales favor ETH, Strategy Buy BTC and TRX bursts

Fatima

From Fatima

Whale wallets continue to favor Ethereum. A new portfolio received 12,000 ETHs (about $ 45 million) from the OTC desk of Galaxy Digital a few hours ago. From 9 July, nine wallets have quietly accumulated 640,646 ETH, for a value of over $ 2.43 billion.

Bitcoin also remains a better choice for investors right now. With the strategy that expands its participation and entry entitled ETFs by stabilizing the price, BTC is still seen as the foundation of longer -term portfolios.

But a surprise artist is Tron (TRX). While the largest market has come down, TRX has risen to $ 0.35 (now exchanging to $ 0.335): an increase of 75% compared to the minimum of 2024. For cryptoquent, Tron has developed over 2.8 billion transactions in the last 12 months and has generated multiple entrances compared to the Ethereum, Solana and BNB chain.

With the technical indicators indicating the bullish trend and TRX above the levels of resistance to the key, it is another name to look closely.

The post ETH price increases when the cryptocurrency market decreases: does microstrategy continue to accumulate bitcoins: the best cryptocurrency to buy? He appeared first out of 99bitcoin.

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