🚀 SharpLink’s $1.65B ETH play

What we’ll cover today:

🚀 SharpLink’s $1.65B ETH play

📈 Binance altcoin inflows spike

💰 BTC and ETH July roundup

July Was Wild. August Might Be Wilder 🔥

Finestel, a crypto portfolio platform, just dropped the July report. Bitcoin, Ethereum, and altcoins all went a little nuts.

🚨 Breaking News:
Bitcoin crossed $120K, Ethereum hit $3.8K, and institutions bought 60K BTC in one week. Wild, right?

⚡Wire Simplified:

• Bitcoin surged 9%, peaked at $123K, then cooled to $117K

• Ethereum gained 17%, staking hit 29.4% (the ETH fam is working overtime)

• Altcoins got spicy: market cap rose 13%, daily volume shot up 56%

• Corporate treasuries are hoarding Bitcoin like it’s toilet paper in 2020

• New laws like the GENIUS Act and CLARITY Act gave crypto a legal glow-up

✔️Straight to the Point:
July brought the heat. August could be a breakout month or a total flop depending on the Fed and Solana’s move.

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Altcoin Comeback? Binance Says Maybe 🧪

CryptoQuant just spotted something interesting. Traders are moving their money back into altcoins via Binance, the world’s biggest exchange.

🚨 Breaking News:
Binance altcoin deposits just hit an 18-month high with over 45,000 transactions in one week. Altseason vibes?

⚡Wire Simplified:

• Altcoin market cap rose 23 percent in the last month

• Traders are rotating profits from Bitcoin into smaller coins

• Binance deposits show traders are getting ready to swap

• But Altseason Index is still only at 36, not the magic 75

• Coins like ETH, SOL, XRP, and SUI are quietly gaining again

✔️Straight to the Point:
Altcoins are stretching but not sprinting yet. Could be the start of something big or just another fakeout.

SharpLink Bets Big on Ethereum 🎯

SharpLink, once a sports betting tech company, just became the biggest corporate holder of Ethereum. Yup, 1.65 billion dollars worth.

🚨 Breaking News:
With help from Ethereum co-founder Joseph Lubin and a 425 million dollar raise, SharpLink is staking and stacking ETH like pros.

⚡Wire Simplified:

• SharpLink is now an ETH-first treasury company

• It is staking nearly 100 percent of its holdings with more to come

• The mission is not just HODL but earn through staking, restaking, and DeFi

• Ethereum co-founder Lubin is backing them and ConsenSys is involved

• No new coins planned. Just ETH and business strategy

✔️Straight to the Point:
SharpLink is not just sitting on ETH. They are using it to earn and innovate. Others might follow.