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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.

Vitalik Buterin Says Open Source Can Close the Gap

Ethereum co-founder Vitalik Buterin recently spoke about how open source can contribute to make new technologies fairer and easier for more users. He further expanded on how it could prevent powerful groups from keeping the control and limiting access to innovation. In a recent publication, Vitalik mentions that many new technologies risk being controlled by a small percentage of people. Following the update, he further mentioned areas like life extension, genetic changes, and biotechnology. In these fields, co-founder said companies night keep control and sell them only to the rich.

OpenEden Teams Up with BNY Mellon for Tokenized Treasury Fund

OpenEden, a platform bringing real-world assets on-chain, has partnered with banking giant BNY Mellon to manage and safeguard the assets behind its Moody’s “A”-rated tokenized U.S. Treasury fund (TBILL). The tie-up blends the trust of traditional finance with the speed and transparency of blockchain. TBILL lets investors tap into U.S. Treasury bill yields without leaving the digital asset space, offering a bridge between stable, regulated products and modern on-chain access. For both crypto-native investors and traditional players exploring blockchain, this collaboration could signal a new era for secure and compliant tokenized investments.

CMB International Brings Money Market Fund On-Chain

CMB International is tokenising its USD Money Market Fund on-chain, working with Singapore-licensed DigiFT. The fund is now live on Solana, Ethereum, Arbitrum, and Plume, making history as the first publicly offered fund on Solana worldwide. The move highlights the bridging gap between tech and traditional finance with blockchain, making secure, regulated investment products more accessible than ever. It’s also a major win for Singapore’s vision of becoming a hub for on-chain finance, and a sign that real-world assets are finding a true home on blockchain.

U.S. Consumer Price Index (CPI) Rises 0.2% in July, Meeting Expectations

The U.S. Consumer Price Index (CPI) increased by 0.2% in July, slightly slowing from June’s 0.3% rise and aligning with Reuters’ forecasts. Shelter costs were the main contributor, rising 0.2% during the month. Food prices overall remained steady, with food away from home climbing 0.3%, while food at home declined by 0.1%. Meanwhile, energy prices dropped 1.1%, led by a 2.2% fall in gasoline prices. Over the past year, the CPI rose 2.7% before seasonal adjustments, indicating moderate inflation pressures continue to persist. This number was lower than overall market expectations of 2.8%.

SEC Settles Case with Ripple

The U.S. Securities and Exchange Commission (SEC) has officially ended the long-standing legal battle with Ripple. The closure marks the ending of one of the most closely watched cases in the crypto world. The resolution, revealed in a newly released SEC document, marks a major turning point for both Ripple and the broader digital asset industry. 

Qubic Mining Pool Seizes Majority Control in Major Monero Network Attack

The Monero community is on high alert after SlowMist’s founder confirmed that the Qubic mining pool has likely pulled off a successful 51% attack. With control over most of the network’s hashrate, Qubic has already caused a major chain reorganization, a move that could let it rewrite transaction history, launch double-spend attacks, and block transfers entirely. Ledger’s CTO warns that keeping such control could cost a jaw-dropping $75 million per day.

Short-Term Bitcoin Holders Keep Buying, But Pace Slows

Since June 21, Bitcoin investors holding for less than 155 days have added over 220,000 BTC to their wallets—a healthy 9.9% increase. The trend highlights that new buyers are still confident in Bitcoin’s potential. However, this buying spree is smaller compared to the first three months of 2025. The start of 2025 saw short-term holders added a massive 540,000 BTC, a huge 25% jump. It seems the frenzy has cooled off a bit, but steady accumulation continues as the market finds its footing and investors take a more measured approach.

Ethereum Developer ‘Fede’s Intern’ Released from Turkish Detention

Ethereum core developer “Fede’s Intern” has been released after 24 hours in detention in Turkey. Authorities had accused him of aiding others in misusing Ethereum’s privacy protocols. Following his release, he confirmed he is “safe and free,” putting concerns to rest within the Ethereum community. The incident highlights ongoing scrutiny around privacy features in blockchain technology but also reassures developers and users about their ability to continue working freely.