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Ah, Ethereum Name Service [ENS], the star of our little financial theater, has decided to put on yet another show. In the past 24 hours, it rallied over 10%, climbing from a mid-July low of $18 to nearly $30. Bravo, ENS! 👏 This surge coincided with a sharp drop in Exchange Reserves and a spike in Outflows—apparently, everyone wanted their tokens off exchanges faster than you can say “blockchain.” But here’s the million-dollar question (or should I say $45?): Can this momentum last, or will profit-taking pressures crash the party? 🎉📉

And just when you thought it couldn’t get any wackier, a big-shot market expert has decided to rain on our Bitcoin parade with a forecast that’s gloomier than a double feature of horror movies. Yep, you guessed it! They’re predicting a plunge that could leave us holding onto our wallets for dear life, potentially dropping to the dreaded $109,000 zone. Buckle up, it’s about to get bumpy! 🎢

On a delightful July 25, the ever-so-sophisticated Chief Investment Officer of Bitwise, Matt Hougan, took to the eternal stage of social media platform X, sporting a most enigmatic flair. He boldly popped the question: “Why is the four-year cycle dead?” Well, Matt, perhaps it didn’t pay its taxes? 🕵️‍♂️

With funds fresh from the crypto ethers, they are embarking on a noble quest: to craft blockchain treasury systems that would make even the most cautious accountant swoon. Imagine, if you will, a magical toolbox that permits companies to oversee stablecoins and yield like seasoned financial magicians — all without the boring grind of traditional banks. Truly, the financial revolution has arrived, goggles and lab coats optional. 🧙‍♂️🔮

According to The Kobeissi Letter (yes, even newsletters have dramatic names now), spot Ether ETFs raked in a staggering $533.9 million on Tuesday alone—the largest single-day inflow these funds have ever seen. One imagines Bitcoin sitting in a corner, nursing a glass of lukewarm sherry while Ethereum dances the tango with newfound admirers. Analysts and investors alike are now whispering sweet nothings about Ethereum potentially surpassing Bitcoin in performance for the remainder of 2025. Mike Novogratz, CEO of Galaxy Digital, recently graced CNBC with his presence, declaring Ether a “highly compelling asset.” Compelling indeed—like watching a particularly riveting episode of *Downton Abbey*, but with fewer tea parties and more blockchain.

For years, holding Bitcoin [BTC] meant just that—holding it. 🤷‍♂️