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💰Bitwise Investment Director Matt Hougan explained the parallel growth of Bitcoin and altcoins by the influx of new funds into the crypto industry through ETFs. According to him, the current bull market is different from previous ones. Historically, altcoin seasons limited Bitcoin's growth as capital moved from the first cryptocurrency to others. However, the 2024 rally is driven by external money flowing into the ecosystem through ETFs.

📊Coinbase: The AI token market at $26 billion is overvalued and reflects more speculative sentiment than actual usage.

📈Memes on the Solana blockchain have driven ecosystem DEX volumes to record highs, reflecting the growth in TVL, stablecoin liquidity, and daily transactions. As a result, Solana has once again surpassed Ethereum. #Solana #memecoins

🤝 Bankrupt crypto lender BlockFi reached an agreement with FTX and Alameda Research to repay $874.5 million. The deal could lead to the full recovery of BlockFi's clients' assets.

📈Bitcoin miners earned $75.9 million yesterday, the second-highest daily figure, behind $77.3 million on April 14, 2021.

🐋An early Bitcoin miner sold 1000 BTC mined since 2010. 14 years later, he realized a profit of $67 million (at the time of transfer to the Coinbase exchange). The Bitcoin price was $0.28 when the coins were mined.

​🔐Validators of Ethereum have locked up over 31.5 million ETH or 26% of the asset's issuance in staking. Their market value exceeds $117 billion.

⛔️The SEC rejected BlackRock and Fidelity's applications to launch spot Ethereum ETFs. #ETF #Ethereum

The meme token rally continues: ▫️ SHIB - another 60% growth in the last 24 hours. ▫️ Dogecoin momentarily surpassed Cardano in market capitalization.

🤑#BTC The "Fear and Greed Index" has reached 90 points, which is the highest level since February 2021.

📊In the next 15 years, Bitcoin could rise to $10 million... Such a forecast was made by former physics professor Giovanni Santostasi, based on a power-law model. Santostasi first presented his forecast on the r/Bitcoin subreddit in 2018, but with the market's growth, he has once again attracted the community's attention. According to the professor's calculations, Bitcoin will reach its peak at $210,000 in January 2026, and then fall to $60,000.

​Investment products based on cryptocurrencies attracted $1.83 billion last week, according to a report by CoinShares. This marks the second-largest inflow since the beginning of the year. Trading volume reached a record high of $30 billion.