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Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August
But ETH's rally is hiding the fact that more and more liquidity is leaving for TRON, which could put a damper on growth.

Kazakhstan’s Fonte Capital Introduces Central Asia’s First Spot Bitcoin ETF
The BETF fund, custodied by BitGo, will give investors in central Asia regulated, physically backed access to bitcoin through the Astana International Exchange.

Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
The broker has an outperform rating on MARA stock with a $28 price target.

Coinbase Revives Stablecoin Funding Program to Bolster DeFi Liquidity
The fund placements, managed by Coinbase's asset management arm, begin on Aave, Morpho, Kamino and Jupiter, with broader rollouts planned.

Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.

Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes
While inflation remains stubbornly high, Tuesday's CPI report reinforced market bets for a September Federal Reserve rate cut.

Bitcoin Profit Taking Appears Modest Even Near All-Time High
Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.

Grayscale Debuts First Investment Trusts for Sui’s Core Protocols
Grayscale is offering accredited investors direct exposure to DEEP and WAL, the native tokens of Sui’s DeepBook and Walrus protocols

Tom Lee's BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys
The company already owned about $5 billion worth of the world's second-largest crypto.

Watch Out for Potential Bitcoin Double Top as Bulls Fail to Break $122K Again
A confirmed double top breakdown could bring a re-test of $100,000.
