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Sharplink overtakes Ethereum Foundation to become largest ETH holder

SharpLink's ETH acquisitions mark the dawn of "collective capitalism," bolstering Ethereum's corporate appeal.

CryptoSlate

Jul 16

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SharpLink has surpassed the Ethereum Foundation to become the largest ETH holder, ushering in a new era of “collective capitalism” and boosting Ethereum’s appeal among corporates. Meanwhile, Bitcoin trading in the US is increasingly driven by ETF flows rather than spot exchanges, highlighting the growing influence of institutional investors. Stay updated with the latest crypto news and market trends.

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The global crypto market cap is $3.78 trillion, with a 24-hour volume of $182.64 billion. The price of Bitcoin is $119,278.26, and BTC market dominance is 62.7%. The price of Ethereum is $3,245.39, and ETH market dominance is 10.4%. The best-performing sector is Cat-Themed, which gained 11%. The Crypto Fear & Greed Index is currently Greed (70).