The initial public offering (IPO) of cryptocurrency exchange Bullish, which also owns the cryptocurrency news website CoinDesk, has been priced at $37 per share, beyond the expected range of $32–$33. Due to this pricing, the company is valued at $5.4 billion on the market, which indicates that investors are very interested in companies that deal with cryptocurrency. The IPO might draw more institutional and retail interest as cryptocurrency usage grows, establishing Bullish as a significant force in the developing blockchain and cryptocurrency sector.
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Bessent Urges Significant Fed Rate Cuts
In order to better encourage economic growth, David Bessent thinks that the U.S. Federal Reserve should cut interest rates by 150 to 175 basis points from their current levels. He contends that, particularly when inflation trends decline, high rates run the risk of further weakening the economy than anticipated. Bessent’s remarks contribute to the escalating market discussion over the Fed’s future course, as investors keep a keen eye out for clues of a change in policy that would lower borrowing costs and encourage investment from businesses and consumers alike.
Michael Saylor on Why $MSTR Trades Above Bitcoin NAV
According to Michael Saylor, MicroStrategy ($MSTR) trades at a premium to the net asset value of Bitcoin due to four main advantages. These include superior institutional access, since equities and credit markets are more accessible to large investors than commodities; options advantages, which give traders flexibility; passive flows from index and ETF investments; and credit amplification, which increases returns through leverage. These elements, in Saylor’s opinion, make $MSTR more than just a Bitcoin holder; rather, it is a vehicle that increases exposure, draws in additional capital, and offers strategic advantages that are unmatched by direct BTC ownership.
Crypto Market Cap Hits $4.09 Trillion
The market capitalisation of the cryptocurrencies market has increased to $4.09 trillion, indicating robust investor confidence and positive momentum in digital assets. Altcoins and Bitcoin are both fuelling the surge, indicating a thriving and growing cryptocurrency ecosystem.
Bitcoin Dominance Slips as Altcoins Gain Momentum
Over the last two months, Bitcoin’s market dominance has decreased from 65% to 59%, indicating a shift in investor interest towards alt coins. As traders diversify into assets that could yield bigger returns than Bitcoin, the decrease reflects a larger risk-on mentality in the cryptocurrency market. New funding has been drawn to projects in the DeFi, AI, gaming, and layer-1 ecosystems, indicating a resurgence of interest in alternate blockchain uses. Even while Bitcoin is still the market leader, the increasing interest in altcoins points to a more competitive and dynamic market environment where money is moving across a greater variety of digital assets.
VivoPower Partners with Crypto.com for Institutional Crypto Custody
VivoPower, a treasury firm that specialises in XRP, has partnered with Crypto.com to safely handle its cryptocurrency holdings and mining activities. VivoPower can guarantee the security, compliance, and expert handling of its digital assets by utilising Crypto.com’s institutional-grade custody services. This action is in line with an increasing trend of businesses using blockchain technology with conventional financial procedures. For VivoPower, the collaboration is about more than just security; it’s about laying the groundwork for a strong future in which to expand its mining and cryptocurrency businesses with assurance. It’s an additional step in improving the accessibility, transparency, and dependability of corporate crypto management.
Standard Chartered Bullish on Ethereum: Price Forecasts Soar
The price projection for Ethereum has been greatly increased by Standard Chartered in the midst of a bull run. The banking behemoth predicts that by the end of 2025, the second-largest cryptocurrency by market capitalisation will have increased from its initial estimate of $4,000 to $7,500. By 2028, the bank also anticipates that ETH may reach $25,000. Ethereum’s optimistic forecasts are in line with rising assurance about the network’s uptake, decentralised finance uses, and general market usefulness. These updated goals are mostly driven by institutional interest, layer-2 scaling solutions, and the ongoing growth of smart contracts, according to analysts. The optimistic forecast suggests that Ethereum may continue to be a key component of the cryptocurrency ecosystem in the years to come.
OKX Executes Major OKB Upgrade, Burns 65.25M Tokens and Fixes Supply
A significant update to OKX’s X Layer has been implemented, permanently burning 65.25 million OKB from reserves and previous buybacks. In an effort to increase transparency and scarcity, the OKB smart contract will no longer permit manual burning or minting, setting the total supply at 21 million. OKTChain will be phased out as part of the update, and OKT will be replaced by OKB based on the average price between July 13 and August 12, 2025. The market was startled by the news, and OKB quickly reached a new all-time high of $134 before settling at $129.
Ethereum Approaches All-Time High as Momentum Builds
Ethereum ($ETH) has jumped above $4,600, falling just 3.9% short of its previous peak. The surge indicates that the Ethereum ecosystem is garnering renewed interest and confidence from investors. Capital is shifting further along the risk curve as ETH momentum increases. Traders are looking at fresh prospects in decentralised apps, DeFi projects, and altcoins. The market appears to be regaining its optimism, which indicates that Ethereum’s position as a top digital asset will only grow. Investors are now keeping a careful eye on ETH to see whether it will recover and eclipse its previous high.
Bitcoin Dominance Drops: Upcoming Alt-season?
Bitcoin Dominance holds around 59.34% levels. Bitcoin dominance has dropped to its lowest level since January. Bitcoin dominance measures the Bitcoin’s crypto market share, and has been trending downward since late June 2025. Following the time period, it has declined by over 10% triggering renewed interest for altseason. CoinMarketCap’s alt-season index stays at 37 out of 100, suggesting that the alt-season is yet to come. The relative metric reached the mark of 55 on June 21 during the market rally.