🥳 Bitcoin surged past $122K, nearing its all-time high amid strong institutional inflows and bullish technical signals. Ethereum also rallied, surpassing $4,300 and gaining significant market share, driven by large purchases from key players like BitMine. The total crypto market cap hit a new record of $4.1 trillion, fueled by optimism around US inflation data and ETF approvals. Traders are watching for volatility but expect continued momentum this week.

📈 Injective's $SBET has launched the first on-chain Digital Asset Treasury, enabling 24/7 leveraged access to Ethereum-based financial products. SharpLink and BMNR are aggressively accumulating ETH, pushing their treasuries into multi-billion dollar territory. The market is bracing for major volatility ahead of key US inflation data releases this week, including CPI and PPI. Traders are positioning for a potential rally or correction based on these economic indicators and ongoing institutional moves.

🔗 Bitcoin surged to $122K and Ethereum topped $4.3K amid strong bullish momentum in Asia's Monday open. Traders are optimistic about a potential alt season as market sentiment turns green. However, resistance near $120K and a historically weak second half of August temper enthusiasm. Regulatory developments and ETF filings add to the market's dynamic outlook.

🛰 LayerZero Foundation has proposed a $110 million acquisition of Stargate, aiming to merge the two cross-chain protocols and retire STG tokens in favor of ZRO. This move seeks to unify the ecosystem and accelerate Stargate's roadmap. The proposal sparked mixed reactions, with some STG holders feeling undervalued while markets responded positively with rallies in ZRO and STG. Meanwhile, Bitcoin and Ethereum continue strong, fueling bullish sentiment across altcoins.

Keep tabs on the rising stories driving crypto markets any time on this dashboard!