ETH Don Pass $4,200; Coinbase Don Launch In-App DEX Amid $116M Harvard BTC ETF Bet
Big tinz dey happen for crypto world wen Ethereum (ETH) shine pass $4,200 for small time, before e fall back 1.1%. Institutional people still dey gidigba: Harvard endowment allocate $116 million join BlackRock’s spot Bitcoin (BTC) ETF, make e be dem fifth biggest holding. Spot ETFs dey get steady inflow – $404 million for BTC and $461 million for ETH – dey extend the run. Coinbase don launch built-in decentralized exchange (DEX) for im mobile app for US users (New York not join), wey make wetin dem call on-chain trading for Base network assets through USDC or Coinbase balance possible. Dis feature dey use top DEX like Uniswap and Aerodrome, with fraud-asset filter set up. Binance Alpha go list Xeleb Protocol (XCX) on August 11, and Baby Shark Universe (BSU) dey drop tokens to qualified users. BlackRock talk say dem no get plan now to apply for XRP or SOL ETFs, meanwhile talk for Solana SPAC listing block. On-chain movement include historic Dogwifhat (WIF) pink hat wey sell for about $800,000 and whales wey liquidate ETH shorts with $20 million loss. Long-term holders sell plenty ETH for multi-year high price, show say dem dey take profit. Other wider tins: El Salvador dey plan the first Bitcoin Banks for world. Ukraine go submit crypto regulation wey go match EU standards. Vitalik Buterin remind the industry about Visa original decentralized spirit. These updates show say institution adoption, product innovation, and regulatory changes still dey shape crypto market well well.
Bullish
Di come of short ETH price breakout, big ETF inflow and big institution dem bet dey show say market get strong confidence. Coinbase in-app DEX launch dey make access easy for users and on-chain volume high. Harvard put $116M for spot BTC ETF show say institution adoption dey grow. Normally, ETF inflow and new product launch dey give strong market momentum short and long term because dem dey expand liquidity and attract new capital.