Odaily Planet Daily News According to PeckShield monitoring, in the past two months, the Ethereum Foundation has transferred 21,000 ETH internally to its associated Gnosis Safe Proxy address 0xc061...0B6d. Subsequently, the address transferred 7,000 ETH to the address 0x247B...583c, and exchanged 1,210 ETH for 3.5 million USDC in the past 7 hours.

Ethereum surged to its highest level in over four months, driven by strong ETF inflows and renewed interest in its tokenization role. Price nears key resistance at $3,000, with support at $2,750.Ethereum’s ETH Surges Toward $3K as ETF Flows and Tokenization Narrative Spark Renewed MomentumEthereum’s native token, ETH, surged to its highest price in over four months on Thursday, nearing the key psychological threshold of $3,000, as Bitcoin (BTC) set a new all-time high above $115,000.The rally marked a 6.7% 24-hour gain, bringing ETH to $2,996, according to CoinMarketCap data. The second-largest cryptocurrency has underperformed in this market cycle compared to BTC and Solana (SOL), but sentiment around ETH appears to be shifting.Spot ETF Inflows and Institutional Demand Boost ETHAnalysts attribute Ethereum’s upward momentum to multiple structural tailwinds. These include:More than $500 million in spot ETH ETF inflows month-to-date in the U.S.Corporate crypto treasury allocations expanding beyond BTC to include ETH, with firms like Sharplink Gaming and Bitmine Immersion Technology adding ETH to balance sheets.A strengthening narrative around Ethereum’s role in settlement infrastructure and tokenization frameworks.“ETH has taken the lead in price momentum, rallying off recent lows amid a pickup in derivatives activity and growing enthusiasm around its broader role in settlement and tokenization infrastructure,” said Joel Kruger, market strategist at LMAX Group.Prominent crypto investor Pentoshi noted on X that in under one month, public companies “have bought enough ETH to offset all ETH minted since the Merge,” underscoring rising institutional confidence.Technical Setup: $3K Resistance and $2,750 Support Zones in FocusETH’s sharp rally unfolded in three phases:Initial consolidation around $2,824A breakout through key resistance zones at $2,845, $2,870, and $2,920Final advance toward $2,996, where strong resistance now consolidates, according to CoinDesk’s analytics modelThe model also identified a support zone between $2,750 and $2,760, offering a key area to watch if ETH sees a pullback.Ethereum’s momentum was strongest in the 60-minute trading window between 20:58 and 21:57 UTC, where it jumped nearly 6% in a single hourly candle.While ETH is still down more than 40% from its all-time high above $4,800, the combination of ETF flows, on-chain utility growth, and corporate demand may continue to drive interest. However, ETH must decisively break through the $3,000 resistance level to signal a sustained trend reversal.

Odaily Planet Daily News, Week 28, 2025 (July 4-July 10): 1. According to cloverpool, the average computing power of the entire Bitcoin network is 916 EH/s, the highest is 994 EH/s, and the lowest is 826 EH/s, which is 6.55% higher than the average computing power last week (860 EH/s). 2. According to cloverpool, the block height 903,168 was produced at 13:23:16 on June 29, with an average block production time of 9 minutes and 26 seconds, and the mining difficulty is 116.96 T, which is 7.48% lower than the previous adjustment cycle. 3. According to blockchain.com, the average price of Bitcoin is US$109,096, the highest is US$116,842, and the lowest is US$107,269, which is 1.62% higher than the average price last week (US$107,356). 4. Mining news worth noting include: (1) Bitdeer produced 203 BTC in June, and the total bitcoin holdings at the end of June were 1,502; (2) Bitcoin mining company Cango currently holds 4,000 bitcoins; (3) Bit Digital sold 280 bitcoins and purchased ETH; (4) Japanese clothing chain Mac House announced the launch of its bitcoin mining business; Data partner: Cango Inc. (CANG), a bitcoin mining company listed on the New York Stock Exchange.

Bitcoin accumulation is surging, with key metrics pointing to $130,900 as the first level for serious profit-taking. Market momentum and capital inflows support continued upside.Bitcoin Accumulation Surge Points to $130K as Next Profit-Taking ZoneBitcoin continues to gain upward momentum, trading at $116,717 at the time of writing, following a breakout to an all-time high of $113,800 on Thursday. Onchain data suggests the rally could extend toward $130,900 before any meaningful profit-taking emerges, as demand from long-term holders intensifies. Accumulator Addresses Drive BTC DemandAccording to CryptoQuant, Bitcoin “accumulator” wallets—those known for long-term holdings and minimal selling—now hold 248,000 BTC, marking a 71% increase over the past 30 days. This is the highest level of accumulation since December 2024, when BTC was trading at $97,000 and accumulators peaked at 278,000 BTC.“The surge in demand at higher price levels signals unwavering conviction among investors,” analysts said, pointing to a renewed accumulation phase even after BTC’s breakout.This trend suggests that the rally is not just speculative but is supported by concrete capital flows into Bitcoin spot holdings.Real Capital Inflows Confirm Market StrengthSupporting this view is a $4.4 billion increase in Bitcoin’s realized cap, which only rises when coins are moved at higher prices. The sharp increase following BTC’s breakout above $113,000 highlights real investment activity, not just price speculation.MVRV Metric Flags $130,900 as First Major Profit ZoneAnalyst Axel Adler Jr. pointed to the Market Value to Realized Value (MVRV) ratio, which currently sits below the key 2.75 level that has historically marked the start of broader distribution phases. Based on current market cap and cost basis data, the 2.75 threshold corresponds to a Bitcoin price of $130,900.“That’s the level where we historically begin to see meaningful profit-taking,” Adler said, adding that the rally could continue until that point is reached.Momentum Building Toward $150K?Some market participants are even more bullish. Milk Road co-founder Kyle Reidhead reiterated a $150,000 target, citing a long-term cup-and-handle breakout. “See you at $150K,” he posted after BTC crossed $112,000.Key Support and Resistance LevelsSupport: $113,000 → $110,500 → $106,774 (50-day SMA)Resistance: $116,700 → $120,000 → $130,900 (MVRV zone) → $150,000 (pattern target)As Bitcoin enters a new price discovery phase, strong onchain accumulation and rising realized capital indicate that the market may still be far from overheated. With the next key resistance band near $130,900, analysts expect upward momentum to continue—provided macro conditions and investor sentiment remain supportive, according to Cointelegraph.

Stablecoin platform Agora has secured $50 million in a Series A funding round led by crypto venture firm Paradigm, with additional support from Dragonfly Capital. source: https://cryptonews.com/news/agora-raises-50m-series-a-led-by-paradigm-to-expand-stablecoin-platform/

Odaily Planet Daily News According to SoSoValue data, yesterday (July 10, Eastern Time), the total net inflow of Ethereum spot ETFs was US$383 million. The Ethereum spot ETF with the largest net inflow in a single day yesterday was Blackrock ETF ETHA, with a single-day net inflow of US$301 million. Currently, ETHA's total net inflow has reached US$6.154 billion. The second is Fidelity ETF FETH, with a single-day net inflow of US$37.2762 million. Currently, FETH's total net inflow has reached US$1.814 billion. As of press time, the total net asset value of Ethereum spot ETF is US$12.504 billion, the ETF net asset ratio (market value to Ethereum's total market value) is 3.67%, and the historical cumulative net inflow has reached US$5.101 billion.

Odaily Planet Daily News According to SoSoValue data, yesterday (July 10, Eastern Time), the total net inflow of Bitcoin spot ETFs was US$1.179 billion. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was Blackrock ETF IBIT, with a net inflow of US$448 million in a single day. Currently, IBIT's total net inflow in history has reached US$53.451 billion. The second is Fidelity ETF FBTC, with a net inflow of US$324 million in a single day. Currently, FBTC's total net inflow in history has reached US$12.609 billion. The Bitcoin spot ETF with the largest net outflow in a single day yesterday was Grayscale ETF GBTC, with a net outflow of US$40.1662 million in a single day. Currently, GBTC's total net outflow in history has reached US$23.384 billion. As of press time, the total net asset value of the Bitcoin spot ETF is US$143.862 billion, the ETF net asset ratio (market value to the total market value of Bitcoin) is 6.37%, and the historical cumulative net inflow has reached US$51.335 billion.

Bitcoin's bullish momentum continues as the cryptocurrency trades above $116,000, marking a significant breakout to new all-time highs. Market analysts believe that a confirmed daily close above $113,000 could be the trigger for the next leg up, potentially pushing BTC toward $150,000.As of Friday, Bitcoin (BTC) is trading around $116,706, following a breakout past the previous resistance at $110,530. The price hit a new all-time high of $113,788 on Thursday before continuing its upward move.According to Markus Thielen, head of 10x Research, BTC now has a 60% probability of rising more than 20% over the next two months, citing strong technical structure and momentum. Milk Road co-founder Kyle Reidhead echoed this optimism, projecting a rally to $150,000.Bitcoin Price Analysis: Bulls Push Higher, But Can It Hold?Bitcoin’s current price action confirms a breakout from the neckline of an inverse head-and-shoulders pattern—a bullish technical formation. If buyers maintain a daily close above $113,000, the pattern may be fully activated, targeting a measured move toward $150,000.Still, resistance remains strong near the $113,800 neckline, and bears may attempt to push BTC back below $110,530. If that happens, Bitcoin could test its 50-day simple moving average (SMA) at $106,774, and a breakdown below this level could accelerate selling pressure, dragging BTC back to $100,000.On the upside, the next immediate hurdle is near $116,571, followed by open air above $120K if momentum continues. Maintaining price strength above $113K is key to confirming breakout sustainability.Key Levels to WatchResistance: $116,571 → $120,000 → $150,000 (pattern target)Support: $113,000 (breakout level) → $110,530 → $106,774 (50-day SMA)OutlookThe current structure suggests that BTC remains in price discovery mode, supported by strong spot demand and declining exchange reserves. A confirmed daily close above $113,000 would signal bullish continuation, but a breakdown below key moving averages could prompt a deeper retracement.As institutional flows return and macro uncertainty persists, Bitcoin’s safe-haven narrative may continue to support upward pressure into Q3 2025, according to Cointelegraph.

Key Takeaways:ETH surged 13.5% in two days to touch $3,000, but derivatives markets remain neutral.Ethereum futures premium is modest, and options data suggests balanced positioning.Layer-2 growth and rising TVL have yet to significantly boost demand for ETH or network fees.Ethereum (ETH) briefly reclaimed the $3,000 mark on Thursday, capping a 13.5% two-day rally. However, derivatives data suggests that professional traders remain cautiously positioned, showing limited conviction that the uptrend will be sustained.The Ether monthly futures premium, a key gauge of institutional sentiment, is currently at 5% — hovering between neutral and slightly bearish territory. While this marks an improvement from last week’s 3.5%, it’s still far below levels seen during strong bull phases. The last notable premium spike occurred in January, when ETH was trading above $3,300.Despite bullish inflows into newly launched U.S.-listed spot Ethereum ETFs, skepticism lingers in derivatives markets. ETH options data also reflects caution, with the 30-day delta skew sitting at -3%, indicating a balance between demand for calls and puts. This suggests that traders are hedging both upside and downside risks rather than leaning into a directional bet.Layer-2 Growth, But Fee Declines and Weak DEX Volumes Dampen SentimentAlthough Ethereum’s total value locked (TVL) has surged from $50 billion to $73 billion over the past three months, the rise has not translated into higher ETH demand. Network fees have dropped 22% to $34.8 million over the past 30 days, reducing ETH’s burn rate and, by extension, its deflationary appeal.At the same time, decentralized exchange (DEX) activity has slowed, with trading volume on Ethereum DEXs hitting a nine-month low. Meanwhile, Ethereum’s layer-2 networks have collectively processed $58.6 billion in DEX volume, but reduced rollup fees have not significantly boosted demand for ETH as gas.In contrast, chains like Solana and Tron — despite lower TVL — are generating higher fee revenues, raising questions about Ethereum’s usage efficiency in its current state.ETF Flows and Institutional Accumulation Support Price—For NowThe recent ETH price rally coincides with $468 million in net inflows into spot Ethereum ETFs over the past four days. Treasury purchases from firms like ShapLink Gaming and Bit Digital have also added upward pressure. However, it remains uncertain whether these inflows mark the start of a longer institutional trend.While the return to $3,000 is symbolically significant for ETH holders, on-chain data and derivatives positioning suggest the move is being met with cautious optimism, not euphoric momentum. Traders are watching closely to see if spot demand and network activity can justify a sustained move higher, accordingt o Cointelegraph.

Bitcoin soared to a new all-time high of $116,664 on Thursday, fueled by ETF inflows, institutional demand and Trump-era policy momentum. source: https://cryptonews.com/news/bitcoin-set-to-fresh-record-at-116k-forecasts-hint-at-130k-by-fall/

Moo Deng plunged by over 22% in the past day, but it rebound is just around the corner

Vitalik Buterin, the co-founder of Ethereum, sold a large number of meme coins on the 12th and 13th, exchanging them for 907.97 ETH, worth US$2.23 million. He once said that any tokens sent to him without his permission will be sold and Donate to charity.