BitMine's aggressive ETH accumulation could significantly influence Ethereum's market dynamics and staking economics, impacting investor strategies. BitMine Immersion adds 10,399 ETH to its growing Ethereum treasury.
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.
Bitcoin dropped below $63,000 and revisited $62,200 on Monday, leaving BTC more than 4% lower weekly as weekend relief quickly faded during trading. Ether fell below $1,850 and XRP tested $1.05 support, while most major altcoins declined and total crypto capitalization lost about $40 billion daily.
Ethereum price fell 2% to around $1,847 on Aug. 3 after another rejection near key moving averages left the $1,800 support zone exposed. ETH slides after failing to reclaim $1,900 According to data from crypto.
Ethereum trades near $1,866 as analysts flag $1,800 support and $2,100 upside while ETF inflows turn slightly positive.
Ethereum's supply shock could turn August's rotation into sustained Q3 outperformance.
Ethereum a signé en juillet 2026 sa meilleure performance mensuelle depuis un an, avec un bond d'environ 20 %. La deuxième crypto par capitalisation a repris des couleurs après six mois de baisse.
Alex Thorn, Head of Firmwide Research at Galaxy Digital, criticized Duel Casino for refusing to block nearly 230 ETH allegedly stolen from a victim of the Coldcard vulnerability. Nonetheless, Duel Casino refused to freeze the funds without having evidence linking them to the hack.
Futures positioning among top crypto traders showed only modest shifts on Sunday, but account-level indicators pointed to a sharper pullback in bullish exposure—most notably in Ethereum (ETH) longs held in USDT-margined accounts, according to CoinGlass data. Data published at 12:15 a.m.
By standard valuation metrics, stocks are very pricey right now. Certain cryptocurrencies have been growing their revenue while their prices have been falling.
Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR.
Ethereum outpaced Bitcoin in July as stronger investment-product demand and corporate accumulation powered its first sustained relative advance in months. Data from CryptoSlate shows that ETH gained 19% during the month, climbing as high as $1,970 before retreating to $1,868 as of press time.