1. π° Big Business Goes Crypto β Corporate Treasuries Hit $86B
This year, 98 companies invested $86 billion in crypto assets, mainly Bitcoin and Ethereum. Key contributors include Capital Group, Cantor Fitzgerald, and Peter Thielβs Founders Fund. While seen as bold innovation, critics warn of over-speculation.
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2. π Ethereum Rockets 53% in July as ETF Inflows Surge
Ethereum gained 53% during July, powered by strong institutional demand. BTCS alone added 14,240 ETH (~$270M) to its reserves. ETH now trades at ~$3,800, driven by ETF momentum and tokenization use cases.
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3. π Crypto Markets Dip: Bitcoin Nears $119K, DOGE Tumbles 9%
Global crypto market cap dropped 5% (~$66B). Bitcoin remains in the $118Kβ$119K range, Ethereum holds above $3,700, while altcoins like Dogecoin fell ~9%, amid regulatory uncertainties and profit-taking.
4. π§ Crypto-Futures Startup D2X Raises $5M
Amsterdam-based D2X secured $5 million from CMT Digital, Circle Ventures, and Point72 to build out institutional crypto derivatives services across Europe.
