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BitMine and SharpLink amass $1B stash amid Ethereum’s rising appeal as ‘digital oil’

Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings.BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token.Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million…

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CRYPTO BILLS STUCK, ETH LEADS MAJORS, PUMP STARTS BUYBACKS

CRYPTO BILLS STUCK, ETH LEADS MAJORS, PUMP STARTS BUYBACKSETH, DOGE lead crypto majors higher. ETH ETF inflows now 50-90% BTC inflows. BTC inflows to exchanges hit $9.4bn after CPI. House fails to advance crypto bills, next vote today. 11 reps who voted against crypto acts will flip: Trump. DeFi leaders opposed part of crypto bill.…

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BTC HITS $123K, PUMP LAUNCHES AT $5.5BN, SUI SOARS

BTC HITS $123K, PUMP LAUNCHES AT $5.5BN, SUI SOARSBTC pumps to new ATHs, dominance still at 65%. Highest short liquidation in 4 years on July 10. SUI leads L1s as TVL hits ATH. Sharplink buys $49m ETH, now largest ETH holder. ETH makes proposals to integrate ZK more deeply. Crypto adds $1.2T+ market cap since…