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The S&P 500 slipped 0.4% Tuesday on strong CPI data, with futures edging lower Wednesday ahead of key bank earnings and June PPI figures. Gold fell to $3,329 after strong US CPI data boosted the dollar and reduced Fed rate cut expectations, despite initial gains from Trump’s tariff and trade announcements. The Coindesk Indices, which tracks the broader crypto market, rose 2.48%, with Bitcoin down 2.94% and Ether up 1.18%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is ENS, up 18.5% after PinIt boosts adoption with 65K IPFS-linked subdomains and over 1.2M monthly resolutions.
Ethereum Name Service (ENS), launched in 2017, lets users replace long Ethereum wallet addresses with simple, readable domain names like “name.eth,” making crypto transactions easier to manage and share. PinIt (or PinMe) is driving real-world usage of ENS domains by enabling free IPFS hosting for static websites using ENS subnames. With over 65K contenthash records on pinit.eth alone—more than double the total set across all 1.6M ENS domains—it’s making decentralized frontend deployment easy and popular via services like eth.limo.
SharpLink Gaming (Nasdaq: SBET) has become the world’s largest corporate holder of Ethereum, reaching 280,706 ETH as of July 13, 2025. Between July 7 and July 13, 2025, the company acquired 74,656 ETH for approximately $213 million and raised $413 million via a stock offering, with approximately $257 million still unspent. Since launching its ETH treasury strategy on June 2, 2025, SharpLink has earned 415 ETH in staking rewards by allocating 99.7% of its holdings to staking. Its ETH concentration metric has risen 23% in just over a month, reflecting aggressive accumulation. The firm positions itself as both an Ethereum treasury and iGaming innovator.
Category | Flow (millions) |
GBTC | (41.2) |
Non-GBTC | 28 |
Total | (13.2) |
Yesterday, BTC spot ETFs saw a net outflow of $13.2 million on the day, with $41.2 million leaving GBTC while $28 million flowed into non-GBTC ETFs.
Orochi Network is preparing for its airdrop, and eligible verifiers from February to early April 2025 must link their EVM wallet to their Orochi ID by July 21, 2025 to claim. Wallets can only be linked once, with no changes allowed afterward.