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Share link:In this post: Cathie Wood endorsed Ethereum’s focus on scalability and privacy. ARK’s Lorenzo Valiente noted that Ethereum ETFs absorbed more ETH in 9 days than the network issued in 3 years. The Ethereum Foundation sold 10K ETH ($25.7M) OTC to SharpLink, marking the first direct sale to a public company.
Share link:In this post: The US still leads in total Bitcoin hashrate, maintaining 323.4 EH/s, while Russia and China recorded higher growth in raw hashrate. The UAE and Oman are expanding their BTC computational power. Bitcoin mining difficulty recently jumped by 7.96%, bringing the total difficulty to 126.27 trillion.
Share link:In this post: Sonnet BioTherapeutics to merge with Rorschach I LLC in a $888 million deal. New entity will hold $583 million in HYPE tokens and $305 million in cash to build a leading crypto treasury. Leadership includes Bob Diamond and David Schamis; Sonnet to continue select biotech operations under HSI.
- 19:53Anthropic seeks to raise its valuation to over $150 billionAccording to Jinse Finance, artificial intelligence startup Anthropic is in preliminary talks to more than double its valuation to over $150 billion in a new funding round, giving it greater resources to keep pace with competitors developing advanced AI models. Four sources familiar with the matter revealed that Anthropic, a rival to Sam Altman's OpenAI, is in the early stages of fundraising discussions with investors. Some investors have expressed interest in valuing the company at over $150 billion, a significant jump from Anthropic’s current $61.5 billion valuation. Two of the sources said that final terms have not yet been determined, but the four-year-old company is expected to raise at least $3 billion, with one person adding that the round could reach as much as $5 billion. (Financial Times)
- 18:13Ethereum’s net supply increased by 17,333 in the past 7 days, with an annual supply growth rate of 0.748%BlockBeats News, July 25 — According to data from Ultrasound.money, Ethereum’s net supply increased by 17,333 ETH over the past seven days. During this period, approximately 18,600 ETH were added to the supply, while 1,266.6 ETH were burned through the destruction mechanism. The total supply of Ethereum has reached 120,927,828 ETH, with a current annual supply growth rate of 0.748%.
- 18:12Trader Eugene: With BTC Regaining the $120,000 Mark, ETH Is Poised to Break Through $4,000BlockBeats News, July 26 — Trader Eugene Ng Ah Sio published an analysis of the Bitcoin market, stating that “BTC needs to show strength within a limited timeframe to sustain the current rally. At present, BTC is fluctuating between $112,000 and $120,000, while momentum in other market assets continues to weaken. As a bull, I hope to see BTC reclaim the $120,000 level, which could allow ETH to break through $4,000 (maintaining a 0.03 exchange rate). In this scenario, the crypto party will continue and long trades will be easy. If this does not happen, both bulls and bears will face a choppy market. If BTC falls below $112,000, I will no longer be optimistic about the long-term bullish structure.”