The proportion of Ethereum open interest contracts has reached a new high, indicating increased market confidence.
According to the latest data from Glassnode, the open interest of Ethereum (ETH) in the futures market has approached 40%, reaching a new high since April 2023.
This significant growth trend not only highlights the market's ongoing interest in Ethereum, but also indicates that investors' speculative interest is gradually shifting from Bitcoin (BTC) to Ethereum (ETH).

Further analysis indicates that this situation is not common historically, as it can be seen from the chart that

The regulatory bill for stablecoins in South Korea has sparked legislative differences between the two parties.

Recently, South Korea has seen a divergence in regulatory issues within the cryptocurrency market, particularly regarding the issuance rules and regulations of stablecoins, where the central bank and legislative bodies hold inconsistent views. This divergence indicates that finding a balance between promoting innovation and controlling risks is indeed not an easy task.
Recently, a South Korean lawmaker proposed a bill suggesting that companies be allowed to issue stablecoins pegged

The US Bitcoin Spot ETF has seen net inflows for 3 consecutive days, while the Ethereum ETF has seen net inflows for 17 days.
On July 29, according to SoSoValue data, the US Bitcoin Spot ETF had a total net inflow of $157 million yesterday, marking three consecutive days of net inflow.
Among them, BlackRock's Bitcoin ETF IBIT leads the chart with a net inflow of 147 million USD in a single day, and currently, IBIT has a cumulative net inflow of 57.39 billion USD;
Secondly, there is the Fidelity ( Bitcoin ETF FBTC, with a net inflow of 30.88 million USD in a single day, and the total net inflow

Analysts: Multiple Favourable Information resonance, Bitcoin aims for $130,000
After breaking through the long-term trend line resistance that has existed since the historical high in 2021, analysts have set their next key target at $130,000, considering technical interpretations, macroeconomic factors, and geopolitical signals.
This technological breakthrough argument is also supported by multiple Favourable Information factors. These include the $1.35 trillion trade agreement reached between the US and Europe last weekend, which alleviated global trade tensions; the US M2 money supply increa

Last week, global digital asset funds saw inflows exceeding $1.9 billion, with ETH alone attracting $1.59 billion in funds.
According to CoinShares' weekly report, global digital asset investment products recorded inflows of $1.908 billion for the 15th consecutive week last week, pushing the cumulative inflow for this month to over $11.2 billion, far exceeding the record of $7.6 billion set in December after the 2024 U.S. elections.
Among them, Ethereum is the biggest beneficiary of this round of capital inflow. Its related products saw a net inflow of nearly $1.595 billion last week, setting

Bitcoin High Position Consolidation Period: 10x Research Strategy Suggestions and Glassnoded Cost Reference Guide

As the price of Bitcoin remains close to historical highs, traders are faced with the difficult decision of whether to enter the market now or wait for a pullback.
In response to this market situation, the cryptocurrency analysis firm 10x Research has provided specific strategic recommendations; meanwhile, Glassnode's concentrated trading zones also offer investors a reference for trading.
On July 28, Markus Thielen, the founder of the cryptocurrency market analysis firm 10x Rese

BTC million-dollar prophecy resurfaces: Could corporate bond boom spawn a new "digital gold" bubble?
The price of Bitcoin has stabilized at the $118,000 mark after a brief pullback. Beneath this seemingly calm surface, however, there are undercurrents at play. Institutional investors are systematically building positions using sophisticated algorithmic strategies, and this "drip-feeding accumulation" is reshaping the entire market's supply and demand dynamics.
The latest analysis from Bitcoin financial service provider Swan points out that this current bull market shows characteristics differe

Bitcoin Spot ETF has seen a net inflow of funds for 7 consecutive weeks, while Ethereum ETF has recorded the second highest weekly net inflow in history.
On July 28, according to SoSoValue data, Bitcoin Spot ETF saw an inflow of 72.06 million USD last week, marking a net inflow of funds for 7 consecutive weeks.
The top three in net inflows are: BlackRock's IBIT with a weekly net inflow of nearly 268 million USD, VanEck's HODL with a weekly net inflow of 62.04 million USD, and Grayscale BTC with a weekly net inflow of 27.18 million USD.
It is worth noting that last week, several ETFs experience

Bitcoin Spot ETF has seen a net inflow of funds for 2 consecutive days, while Ethereum ETF has experienced a net inflow of funds for 16 days.
According to SoSoValue data, the United States Bitcoin Spot ETF has seen a consecutive 2 days of net inflows, with a total net inflow of 131 million dollars yesterday.
Among them, BlackRock ( Bitcoin ETF IBIT ranks first with a net inflow of 92.83 million USD in a single day, and currently, IBIT has a cumulative net inflow of 57.24 billion USD.
Ark & 21shares Bitcoin ETF ARKB, with a net inflow of 30.27 million USD in a single day, currently has a cumula

ETHA Assets Under Management has exceeded 10 billion USD, making it the third fastest ETF in history to achieve this milestone.
Bloomberg ETF analyst Eric Balchunas recently posted on X platform showing that the Ethereum-related ETF ETHA has, in just under a year since its launch (taking 251 days), its Assets Under Management (AUM) has surpassed 10 billion USD for the first time;
This achievement also makes ETHA the third fastest ETF in history to reach this milestone, only behind the first two Bitcoin ETFs - BlackRock Bitcoin ETF IBIT and Fidelity Bitcoin ETF FBTC, which took 34 days and 53 d

Robert Kiyosaki criticizes ETFs: "Paper debt instruments" cannot replace physical assets like gold, silver, and Bit.
Robert Kiyosaki, the author of "Rich Dad Poor Dad," recently warned investors that Bitcoin, gold, and silver ETFs (exchange-traded funds) are merely "paper version" assets that cannot replace physical assets held. He compared ETFs to "a picture of a gun," believing they may be useful during economic stability but are worthless in a crisis.
Kiyosaki emphasizes that real gold, silver, Bitcoin, and self-defense tools (such as firearms) are the best choices to cope with turmoil. He

Bitcoin testing lower range, liquidity grab causes market divergence
Bitcoin has recently experienced a significant decline, currently hovering near the lower limit of the trading range after sweeping away local liquidity. This trend is viewed by some analysts as a typical signal of rapidly consumed liquidity, which may indicate a short-term directional choice.
Well-known trader Daan Crypto Trades pointed out that BTC tested the lower limit of the range after breaking through the local liquidity level, and such patterns are often accompanied by a potential reversal.
However, if the volatility

Goldman Sachs collaborates with BNY Mellon to bring the $7 trillion money market into the encryption space.

On July 24, Goldman Sachs Group (GS.US) and Bank of New York Mellon (BK.US) announced a groundbreaking collaboration plan aimed at integrating blockchain technology into the money market fund (MMF) ecosystem and promoting further convergence of traditional finance and digital asset infrastructure.

The core of this collaboration is that the two financial giants plan to utilize Goldman Sachs' GS DAP® private blockchain platform to establish tokenized records of client ownership for spe