Ethereum's (ETH) recent rally may be due for a short-term correction as social media mentions have surged to levels of “extreme euphoria,” Cointelegraph reported, citing on-chain analytics platform Sa...

Ethereum's (ETH) recent rally may be due for a short-term correction as social media mentions have surged to levels of “extreme euphoria,” Cointelegraph reported, citing on-chain analytics platform Santiment. Since early May, ETH’s price ratio against Bitcoin (BTC) has jumped 70%, accompanied by a significant rise in social dominance—often viewed as a warning sign of overvaluation and a crowded trade. However, Santiment also noted that broader market indicators do not yet reflect peak frothiness, suggesting that the rally could still have room to run.

Analysis: Ethereum pullback possible amid “extreme euphoria”

<Token> Layer-2 (L2) OP is one of the top-performing tokens today. Its price has increased by nearly 15% in the past day, thanks to news about its listing on Upbit.
On the daily chart, OP has created...

Optimism (OP) Hits Multi-Month High in Net Inflow as Upbit Listing Sends Price Skyrocketing

After Bitcoin became a benchmark for listed company reserve assets, other mainstream cryptocurrencies are also attracting institutional attention. The ecosystem token of the world's largest exchange, BNB, has recently seen another major breakthrough in its strategic reserve mechanism.

On the evening of July 28, the NASDAQ-listed company <CEA Industries Inc.> (NASDAQ: VAPE) and <10 X Capital> jointly announced the completion of a PIPE financing of up to $500 million, specifically used to establish a set of mechanisms centered on BNB...

BNB's $500 million funding round attracted over 140 institutional investors, giving it a new entrance on Wall Street.

In the context of DeFi continuously expanding, the demand for fixed income products is increasingly growing, similar to the role of bonds in traditional financial markets. However...