Latest news with #altcoins
Yahoo
a day ago
- Business
- Yahoo
Bitcoin ETFs' 12-Day Inflow Streak Comes to an End as Price Stalls
U.S.-listed spot bitcoin exchange-traded funds saw net outflows of $131.4 million on Monday, breaking a 12-day streak of uninterrupted inflows that brought in over $6 billion, according to data from Farside Investors. The pullback came as bitcoin (BTC) itself traded mostly flat to start the week. Prices continue to hover in a tight range on either side of $118,000 after a scorching run to a new record just below $124,000 two weeks ago. The now-ended ETF inflow streak coincided with that strong rally in bitcoin, the funds attracting more than $6 billion during the 12-day stretch. The outflows on Monday don't necessarily signal a change in sentiment, but they mark a pause in what had been one of the strongest runs of ETF inflows since the funds launched. Meanwhile, altcoins — after severely lagging bitcoin for months — have gained investor favor for the moment. Ether-based ETFs, for instance, posted $296.5 million in inflows on Monday, now having brought in $8 billion in assets since July 2. The ETH/BTC ratio, which had been in decline for roughly three years — has rebounded 24% over the past week and 39% over the past month. The divergence between bitcoin and ether ETF flows could reflect a rebalancing by investors looking to diversify within crypto or rotate into the newer offerings after a prolonged BTC rally. Despite the ETF cooling, bitcoin remains up nearly 20% over the past month and continues to trade near record highs. While volatility remains a factor, the data suggests that both investor interest and fresh capital are still flowing into the space — even if not quite as steadily as last in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Solana News: $SOL >$200, Ecosystem >$250 Billion, DEX Volume >$1 Trillion for 2025
Market Overview Bitcoin stalled this week under $120K, despite Strategy spending three-quarters of a billion to buy more BTC. Importantly BTC dominance dipped to 60% as liquidity rotated into altcoins, with Solana leading the charge. The tokens within Solana's ecosystem carried on last week's momentum to notch more gains. DOWGE (DJ16930) was the highlight of the week as it exploded over 300%, while PARSIQ (PRQ) doubled in value. Although there were notable losses from select tokens, the Solana ecosystem saw its market cap rise 23% to $263 billion. Its trading volume increased by over half week-on-week as interest in altcoins picked up. This is very positive for Solana maxis. Source: CoinMarketCap Catch up on our weekly breakdown of Solana and its ecosystem developments. Solana's Performance What a week for Solana holders after a 24% jump. SOL climbed past $200 for the first time since mid-February due to renewed confidence and liquidity and, of course, all that ETF talk. It has also edged up over 100% since dipping to less than $100 in April—its lowest value in 2025. Source: CoinMarketCap With this rise, SOL has overtaken BNB to become the fifth-largest crypto by market cap. Source: CoinMarketCap Institutional interest is not slowing down either. DeFi Development Corp added 141,383 SOL tokens to take its total holdings to 999,999—just one shy of a million. The company is restructuring its entire crypto strategy around Solana, committing to hold SOL exclusively in its corporate treasury. No Bitcoin. No Ethereum. Just SOL. L1 Ranking Update Solana's total value locked (TVL) rose by over 13% to reach $10.5 billion. Despite the growth, Ethereum remains the dominant force in decentralized finance, securing its lead with a TVL of $82 billion. Source: DeFiLlama DeFi Solana's DEX volume gained 17% week-on-week, climbing to $27 billion. Its cumulative DEX volume has smashed through $1.4 trillion in 2025. Source: DeFiLlama Biggest Winners & Losers Low-cap altcoins carried Solana's ecosystem with outsized gains. Top Performers DOWGE (DJ16930): +355% DIA (DIA): +143.5% PARSIQ (PRQ): +103.45% Pythia (PYTHIA): +97.32% RETARDIO (RETARDIO): +93.2% Biggest Losers Eclipse (ES): -66.69% (PUMP): -35.65% (PUMP has slid below its ICO price as holders continue to offload tokens). Chintai (CHEX): -33.18% Artrade (AR): -22.37% Useless Coin (USELESS): -16.62% Source: CoinMarketCap Latest Solana News Global SOL Treasury Expansion Takes Off DeFi Development Corp. has launched the DFDV Treasury Accelerator to grow Solana treasuries globally through a franchise model, backed by Kraken, Pantera Capital, and other major crypto investors. The initiative is already expanding into five regions, adding more weekly. MFH Commits $200M To Boost Solana DeFi Strategy MFH has secured a $200M equity deal with Solana Ventures to launch a digital asset treasury strategy focused on accumulating SOL, staking, and using Solana's DeFi protocols. This marks a major institutional push into the Solana ecosystem and a shift in MFH's fintech focus. Upexi Grows SOL Holdings, Nets $58M in Unrealized Gains Upexi has increased its Solana holdings by 100,000 SOL, now totaling 1.8 million SOL worth $331 million, generating $58 million in unrealized gains. What You Can Do Now Monitor Solana's liquidity trends as major treasury holders continue to accumulate SOL. Stay cautious with altcoin movements amid rapid price shifts, increased market activity, and swift price changes. Follow key developments—market news can drive sudden changes in token valuations. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
The Node: Altcoin Season?
BTC has been putting on a bit of a one-man show for the last couple of years, rising all the way to $120k while other major cryptocurrencies like ETH and SOL are still below their 2021 records. The orange coin's share of the total crypto market capitalization steadily increased from a little under 40% in December of 2022 to 65% this June. But altcoins finally took a stand this July, with bitcoin dominance sliding 5.8% in a single week, its sharpest drop since June 2022. A quick look over at CoinGecko shows us that a majority of the coins in the Top 100 have risen between 20% to 30% in the past seven days. ETH, which has had a rough two years, outperformed most of the market by notching 26% gains. DOGE, XRP and ADA — the usual suspects in times of elation — are up 40%, 22% and 23% respectively. Meanwhile, SOL finally caught up today by increasing 7%; the coin's price is now 18% higher than last Monday. 'It's not surprising to see bitcoin dominance fall over the last month given progress around digital asset legislation in the U.S. and the continued emergence of altcoin treasury companies,' Brian Rudick, chief strategy officer at SOL treasury firm Upexi, told CoinDesk. 'This legislation is likely to spur more on-chain development and activity and that benefits altcoins more so than bitcoin,' Rudick added. 'While the preponderance of digital asset treasury companies continue to be [for BTC], they are increasingly moving down the risk spectrum to assets like ETH, SOL, and beyond.' Case in point: since I last wrote to you on Friday, DeFi Development boosted its SOL holdings to almost $200 million; Bitmine and SharpLink's leaders openly stated they're in competition over the accumulation of ETH supply; The Ether Reserve (another ETH treasury firm) announced it will soon trade on Nasdaq (rebranding into The Ether Machine along the way); and a new company called StablecoinX declared its goal of constituting a treasury made of Ethena's ENA tokens. Not that bitcoin has been unloved. In that same period, Michael Saylor dropped another $740 million into bitcoin, semiconductor firm Sequans invested $150 million, and Trump Media disclosed that its bitcoin stash was worth $2 billion. But the market capitalization of tokens like ETH, SOL and ENA is significantly smaller than bitcoin's, so these treasury buys tend to have a much larger impact on their price, Rudick said. 'As long as the U.S. continues to make progress on digital asset legislation and the market continues to receive digital asset treasury companies well, I would not be surprised if bitcoin dominance continued to fall and altcoin season truly emerges,' he added.
Yahoo
2 days ago
- Business
- Yahoo
Why Ethereum Is Inching Higher Today
Key Points Ethereum saw massive valuation gains last week, and it's inching higher in Monday's trading. Political tailwinds and other bullish catalysts are combining to nudge the token higher today. Ethereum's valuation could continue to benefit from investors moving out of Bitcoin in favor of tokens with greater return potential. 10 stocks we like better than Ethereum › Ethereum (CRYPTO: ETH) has been moving slightly higher in Monday's trading. The cryptocurrency's token price was up 0.4% over the previous 24 hours of trading as of 5:45 p.m. ET. Meanwhile, Bitcoin was down 0.6% across the stretch. Ethereum is inching higher today as moderate bullish momentum for altcoins continues to persist after last week's massive rally. Ethereum is now up roughly 25% over the last seven days of trading. Ethereum is continuing to climb Ethereum posted massive gains last week thanks to the "Crypto Week" legislative push and the Genius Act being signed into law by President Trump. The Genius Act establishes regulatory frameworks for stablecoins and could help spur much wider adoption for this category of cryptocurrencies. Many of the leading stablecoins are built on the Ethereum network. In order to run operations on the Ethereum network, a cost needs to be paid with the network's Ether token. With indications that stablecoins could see much wider adoption, there could be major bullish catalysts for Ethereum's valuation. In addition to the bullish catalyst from the Genius Act, Ethereum also appears to be benefiting from some investment dollars moving out of Bitcoin. An increasingly favorable outlook for the crypto industry is causing investors to back altcoins that offer higher reward potential in exchange for taking on higher risk. What's next for Ethereum? Ethereum could be poised to see long-term valuation tailwinds if government support for stablecoins and the broader cryptocurrency is solidified. In addition to the Genius Act being signed into law last week, Ethereum also saw bullish momentum in conjunction with the House of Representatives voting to pass the Clarity Act -- legislation that would effectively limit the amount of regulatory control that the Securities and Exchange Commission (SEC) has over cryptocurrencies. While the Clarity Act would still need to be passed by the Senate and signed by President Trump before becoming law, its enactment would likely be a bullish catalyst for Ethereum. Should you buy stock in Ethereum right now? Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ethereum wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. Why Ethereum Is Inching Higher Today was originally published by The Motley Fool Sign in to access your portfolio
Khaleej Times
3 days ago
- Business
- Khaleej Times
Global crypto assets reach all time high as US Trump signs off on GENIUS Act
The total market capitalisation of the global crypto market soared to a new all-time high of $3.92 trillion last week, following a pivotal moment in US regulatory progress, with the House of Representatives passing three major crypto bills during what is being referred to as 'Crypto Week'. US President Donald Trump signed into law the GENIUS Act late on Friday, regulating stablecoins in the US. This marked a huge win for crypto supporters, who have for long lobbied for a regulatory framework to gain greater legitimacy for the industry. The surge was driven largely by altcoins, which added an impressive $200 billion to their market capitalisation and saw their dominance relative to Bitcoin increase by 6 per cent. This shift has raised speculation that a new alt-season may be underway, as investor sentiment continues to strengthen beyond the traditional market leader. Bitcoin, the world's biggest crypotcurrency, climbed about 1 per cent on Monday, though it remains more than 3 per cent away from its all-time high of $123,153 hit last week. The price of Bitcoin rose in its last intraday trading, supported by the stability of the critical support at $116,500, data from showed, providing bullish momentum that assisted it to achieve limited gains, this positive trading amid the main bullish trend dominance on the short-term basis, with the continuation of its trading alongside a supportive bias line, besides the beginning of forming a positive overlapping signals on the (RSI), reinforcing the chances for the continuation of the rise on the near-term basis. 'Despite these bullish signals, the price remains facing technical pressures that come from its stability below EMA50, forming an obstacle against the quick recovery attempts, and weakens the ability to target higher resistance levels without breaching this level,' analysts wrote. One of the most notable developments was the record-breaking inflows into Ethereum spot ETFs, which saw a total of $2.18 billion in institutional investments over the week. The single biggest day was Wednesday, which recorded $726.6 million in inflows – a clear indicator of intensifying institutional interest in the second-largest cryptoasset. Ether was last trading at $3,783.2, hovering near its highest level since December 2024, according to Reuters data. Digital asset funds witnessed an all-time record inflow of $4.39 billion last week, according to data from crypto asset manager CoinShares. 'The passing of these bills could mark a turning point for crypto regulation and investor confidence, especially in altcoins with ties to the US market,' said Simon Peters, crypto market analyst at eToro. 'As Bitcoin dominance declines, investors are beginning to explore opportunities further along the risk curve.' With legislative clarity improving and institutional interest rising, the crypto market appears to be entering a new phase of growth and diversification.
