ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why

ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!
ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!
What to Know DOGE dropped 8% from $0.22 to $0.21 between 03:00 on July 31 and 02:00 on August 1, marking one of the steepest daily declines this month. The price action unfolded within a wide $0.03 range—between a peak of $0.23
What to Know XRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength. The sharpest drop occurred during the midnight trading window on August 1,
Crypto markets experienced a sharp bout of volatility over the past 24 hours, with more than $630 million in leveraged positions liquidated across exchanges. The bulk of the damage came from longs, which accounted for over $580 million of total liquidations, as
Solv Protocol, which offers financial services to bitcoin (BTC) holders, announced BTC+, an automated vault for generating returns on spot market holdings. The new product taps several crypto sub-sectors and strategies, including basis arbitrage, DeFi credit markets, protocol staking and tokenized real-world
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto
Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more.
Ether (ETH), the native token of the Ethereum blockchain that turned 10, just had its best July performance in three years. The second largest cryptocurrency climbed more than 50% in July, peaking at $3,940 before easing below $3,800 towards the end of
Coinbase (COIN) said it is increasing its bitcoin (BTC) holdings and that it plans to launch tokenized U.S. stocks and prediction markets in the coming months, marking a significant expansion of its business as it seeks to diversify its revenue stream. In
Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing.