[LIVE] Ethereum Value Increases While Market Declines — MicroStrategy Continues to Acquire Bitcoin: Top Digital currency To Purchase?

The cryptocurrency trading market is sending mixed signals, causing investors to ponder which cryptocurrencies are the most promising to acquire at this moment. Although the overall trading market capitalization has decreased to $3.87 trillion and prominent altcoins such as XRP (-0.50%), Solana (-2.4%), and BNB (-3.61%) have dipped into negative territory, certain assets are demonstrating unexpected resilience.

Ethereum (ETH) is among them, rising by 0.37% to stay well above $3,800. Concurrently, BTC surged past $118,000 after Strategy (previously MicroStrategy) confirmed a new $2.46 billion Bitcoin acquisition. With an additional 21,021 Bitcoin acquired at an average price of $117,256, Strategy’s total holdings now stand at 628,791 Bitcoin, valued at $74.26 billion, reflecting an unrealized profit exceeding $28 billion.

DISCOVER: 9+ Top High-Risk, High-Reward Cryptos to Consider in 2025

MicroStrategy(@Strategy) acquired an additional 21,021 $BTC($2.46B) at an average cost of $117,256.#Strategy currently possesses 628,791 $BTC($74.26B), averaging a purchase price of $73,277 and realizing a profit of $28.18B.https://t.co/y4E1N0MaJ8 pic.twitter.com/5rYrB3VKoL

— Lookonchain (@lookonchain) July 30, 2025

BTC ETFs continued to pique trader interest on July 29, achieving a net inflow of $80 million. The most significant contributor was BlackRock’s IBIT, which attracted $157.6 million. In contrast, older ETFs such as GBTC and BITB experienced outflows, with GBTC alone losing $49 million.

Despite some outflows, this represents the third consecutive day of positive net inflows, indicating that the demand for BTC exposure via ETFs remains robust—even as the wider digital currency crypto market experiences a slowdown. ETH ETFs also registered a net inflow of $218 million.

The crypto market sentiment stays greedy, with the Fear & Greed Index still at 63. This implies that the correction hasn’t damaged long-term confidence. So where is the smart money heading?

3 minutes ago

SEC Approves In-Kind Redemptions for Crypto ETFs

By Fatima

The U.S. Securities and Exchange Commission has given the green light for in-kind redemptions of spot BTC and Ethereum exchange-traded products. This allows ETF issuers and authorized participants to deliver or receive actual BTC or Ether when creating or redeeming shares. Previously, cash had to be used. This regulatory change aligns crypto ETFs more closely with the treatment of commodity ETFs such as gold.

Read The Complete Article Here

2 hours ago

Whales Prefer Ethereum, Strategy Acquires Bitcoin, and TRX Breaks Out

By Fatima

Large holder wallets continue to show a preference for Ethereum. A new wallet received 12,000 Ethereum (approximately $45 million) from Galaxy Digital’s OTC desk just hours ago. Since July 9, nine wallets have quietly acquired 640,646 ETH, valued at over $2.43 billion.

Bitcoin remains a leading choice among investors right now. With Strategy aggressively increasing its holdings and ETF inflows stabilizing prices, Bitcoin is still regarded as the cornerstone of most long-term investment portfolios.

However, an unexpected standout is Tron (TRX). While the overall trading market has declined, TRX surged to $0.35 (now trading at $0.335): a notable increase of 75% from its 2024 low. According to CryptoQuant, Tron has processed over 2.8 billion transactions in the past year and generated more revenue than ETH, Solana, and BNB Chain combined.

With technical indicators showing optimistic trends and TRX surpassing key price ceiling levels, it’s a name worth monitoring closely.

The article [LIVE] Ethereum Price Increases as the Cryptocurrency Crypto market Falls — MicroStrategy Continues to Accumulate Bitcoin: Best Crypto to Buy? first appeared on 99Bitcoins.