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The pennant narrowed as the network grew, putting price action under pressure to catch up.

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The strong inflows into Bitcoin and Ethereum ETFs highlight a growing investor preference, potentially sidelining smaller crypto assets. Bitcoin ETF pulls in $102M as Ethereum ETF adds $50M, while Solana and XRP sit idle.

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Increased whale activity and HYPE token transfers may signal shifts in Bitcoin market dynamics, impacting liquidity and price volatility. Whale boosts Bitcoin long exposure on Hyperliquid amid HYPE token transfers.

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Joseph Chalom, CEO of SharpLink and former BlackRock executive, expressed his opposition to Ethereum improvement proposal EIP-8363. This initiative, dubbed “Tapered Issuance Burn,” proposes progressively burning validator rewards to limit the amount of ETH in staking, eliminating issuance yield altogether if the threshold of 50% of tokens deposited is reached. https://t.