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War of ETFs over Ethereum Issuers report sponsorship fees in anticipation of the expected imminent launch
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Morning news from CrypticNews Hub: 1. Associated Press: The Biden team will hold a full staff meeting this Friday. 2. The probability of Biden being removed from the election on Polymarket has risen to 86%, while the probability of winning has dropped to 4%. 3. Bloomberg Terminal has added several Ethereum ETFs in preparation for trading next week. 4. Grayscale announced that the fee for its Mini Ethereum ETF is only 0.15%, making it the lowest-cost spot #Ethereum ETF. 5. Net inflows into BlackRock IBIT yesterday totaled $103 million, while net outflows from Grayscale GBTC amounted to $22.5 million. 6. Sources familiar with the matter: Wintermute Trading aims to raise $100 million in equity funding. 7. Controversial remarks by the founder of Messari "supporting Trump" have sparked controversy, and he stated he will calm down as soon as possible. 8. The #Solana Foundation will allocate $400,000 to fund open-source developers. 9. Pelosi: Biden may soon be persuaded to withdraw from the presidential campaign. 10. Elon Musk: He has created a political action committee but has not promised any donations to anyone.
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Analyst: Exchanges continue to see a significant influx of stablecoins (ERC-20). The increased liquidity of stablecoins could be used to buy Bitcoin.
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Santiment: 📊 Although Bitcoin, Ethereum, and other top-cap cryptocurrencies remain unchanged at the moment, some altcoins continue to experience July breakthroughs. Notably: 🤖 AI and big data coins, such as: PALM, PAAL, 0x0 🪙 Solana coins, such as: #ANDY , #POPCAT , #WIF 🐶 Meme coins, such as: BENDOG, PONKE, MYRO
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Santiment: $XRP Ledger is showing a significant number of both new addresses created and total addresses interacting on the network. Both metrics are at their highest levels since March.
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