Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow.

Corporations have acquired 1% of Ether supply: Standard Chartered

U.S. authorities aim to forfeit over $2.4 million in bitcoin linked to a major 
ransomware syndicate, targeting illicit crypto proceeds through aggressive 
civil enforcement action. DOJ Pursues Bitcoin Linked to Ransomware Ring in 
Civil Filing Worth $2.4M The U.S. Department of Justice (DOJ) announced on 
July 28 that it has filed a civil forfeiture complaint […]

DOJ Moves to Forfeit $2.4M in Bitcoin Seized by FBI in Crypto Crime Crackdown

Marti&#8217;s crypto investment strategy may influence other tech firms to explore 
digital assets as a hedge against market volatility.
The post Turkey&#8217;s mobility super app Marti allocating 20% of cash reserves to 
crypto, starting with Bitcoin appeared first on Crypto Briefing.

Turkey’s mobility super app Marti allocating 20% of cash reserves to crypto, starting with Bitcoin

Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 
on July 1 to a high of $3,941 by July 27. What’s particularly notable about 
this rally is that it appears to be driven by fresh capital inflows &#8211; not a 
rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By 
Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo 
Aleman, claims that ETH’s current rally is a result of capital rotation from 
Bitcoin to Ethereum are unfounded. Aleman references on-chain data &#8211; 
especially the Bitcoin Realized Cap &#8211; to explain his analysis. Related 
Reading: Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New 
High? For the uninitiated, Bitcoin&#8217;s Realized Cap measures the total value of 
all BTC in circulation based on the price at which each coin last moved on- 
chain, rather than the current market price. It provides a more accurate view 
of actual capital invested in Bitcoin, helping identify accumulation or 
distribution trends over time. Aleman shared the following chart showing that, 
as of July 25 at 11 AM UTC, Bitcoin reached a new all-time high (ATH) in 
Realized Cap at $1.018 trillion. This increase strongly suggests that capital 
remains flowing into Bitcoin &#8211; not out of it. In fact, Bitcoin’s Realized Cap 
has continued to rise, albeit gradually, even as Ethereum gained bullish 
momentum. Aleman explains that brief pauses in BTC price action typically 
align with phases of capital accumulation, which have historically preceded 
major rallies. Further, Aleman remarked that ETH is simply benefitting from 
the strong growth prospects of the Ethereum ecosystem. July witnessed a 
significant surge in interest in the ETH ecosystem, which reflected in the 
steep rise in price of the digital asset. Ethereum Network Seeing Returning 
Interest Multiple metrics reinforce the view that new capital is entering the 
Ethereum ecosystem. For example, data from DefiLlama shows that the Total 
Value Locked (TVL) in Ethereum’s decentralized finance (DeFi) platforms has 
risen significantly &#8211; from $49 billion on April 29 to $84.6 billion by July 
29. Additional on-chain metrics point to a similar trend. According to 
etherscan.io, daily transactions on the Ethereum network have been climbing 
steadily, with nearly 1.48 million transactions recorded on July 27 alone. 
Related Reading: Analyst Forecasts Major Surge For Ethereum Price, Eyeing 
$4,000 In Its Best July Yet There’s also growing speculation that Ethereum’s 
declining circulating supply is contributing to upward price pressure. Over 
the past month, ETH reserves on centralized exchanges have dropped by one 
million coins, supporting the narrative of a developing “supply crunch.” 
Adding to that, Ethereum liquid staking recently reached a new record high, 
with 35.5 million ETH now locked in liquid staking protocols. At press time, 
ETH trades at $3,772, down 1% in the past 24 hours. Featured image from 
Unsplash, charts from CryptoQuant, DefiLlama, and TradingView.com

Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show

XRP takes center stage as Wellgistics Health files with the SEC to adopt it as 
both a treasury reserve and payments engine across its healthcare and tech 
operations. Wellgistics Health Unveils XRP Strategy in SEC Filing With Dual 
Focus on Reserve and Payments Wellgistics Health Inc. (Nasdaq: WGRX) filed a 
registration statement with the U.S. […]

XRP Positioned for Strategic Reserve and Payments in Wellgistics Health SEC Filing

Traders cut risk ahead of Wednesday’s Federal Reserve decision on interest 
rates, and a long-awaited crypto policy report from the White House.