Bitcoin has been consolidating around the $30,500 level throughout July, indicating a possibility of an imminent breakout. On-chain data from Santiment suggests that the breakout could be in the upward direction, as the Net Realized Profit/Loss (NRPL) indicator is negative in relation to the price.

Linea, a blockchain network focused on scaling Ethereum, has successfully concluded its Voyager Quest, a nine-week challenge designed to engage its community and test its technology. During the challenge, Linea achieved over 30 million transactions and saw participation from over 5.2 million unique wallets, demonstrating the strength of its ecosystem.

Ethereum's price has remained stable with minor gains on the daily chart while Bitcoin's indecisiveness has slowed down altcoins. Despite reduced buying strength, buyers still hold an advantage over sellers in the market, but if Ethereum fails to move above its immediate resistance, the coin may retrace on its chart. The release of US CPI data is expected to significantly impact the market in the coming weeks.

New data from Dune Analytics shows that 20% of the total supply of Ethereum has been staked, with a net flow of 4.46 million ETH recorded since the Shanghai Upgrade went live. Despite the ability to withdraw staked Ether from its consensus mechanism, the upgrade has sparked a renewed wave of deposits instead of a surge of withdrawals.

A trader named DonAlt is predicting a potential surge in Ethereum's value, stating that the cryptocurrency is currently consolidating just below its key resistance level of $1,935.

The recent transfer of 2,013 Ethereum (ETH) worth approximately $3.76 million by a whale linked to Vitalik Buterin to the OKX crypto exchange has sparked speculation within the crypto community about its potential implications. However, it is important to approach this transaction with a balanced perspective as it could be part of a larger plan to rebalance the whale's crypto portfolio or cover personal costs.

Alluvial, the software company behind Liquid Collective, has raised $12 million in a Series A round co-led by Ethereal Ventures and Variant. Other backers include Brevan Howard Digital, Coinbase Ventures, Kraken, and Avon Ventures. Liquid Collective offers a protocol for "liquid staking" for Ethereum, catering to institutions and traditional finance.

ChainwirePikamoon, a new Ethereum blockchain game, has raised $3.6 million in its ongoing ICO to enhance the Ethereum ecosystem and transform the blockchain gaming industry. The game will offer an immersive metaverse experience and a unique earning model that allows players to withdraw their in-game rewards directly to their wallet or bank account without a third party.

The global market cap increased by 1.8% during today's bullish market session, reaching $1.19T. Bitcoin saw a 1.7% rise in price, with a 67% increase in trading volume, but faces resistance at the $31K level. Ethereum also had a mild day with a 1.6% gain in price and a 25% increase in trading volume, while Compound and BNB had good sessions with gains of 8% and 6% respectively. Other notable gainers include PEPE and Pepe 2.0.

Ethereum is attempting to increase in value from $1,825 against the US Dollar, with the potential to rally if it surpasses the $1,900 resistance level. The price is currently trading above $1,865 and the 100-hourly Simple Moving Average, with a major bearish trend line forming near $1,900 on the hourly chart of ETH/USD. If the pair can close above $1,900, it could lead to a decent increase towards $1,975 and even $2,000.

According to K33 Research, venture funding for Web3 has decreased by 80% in the first quarter of 2023 compared to the same period last year. The Block Pro's data also shows a significant drop in investment, with only $2.8 billion invested in Q1 of this year compared to $13.5 billion in Q1 of 2022.

On Monday, Ethereum reached a milestone with just under $45 billion or 20% of its circulation being staked. This involves people pledging tokens to the network to keep it secure and receiving rewards for doing so. Currently, close to 24 million Ethereum is locked up across 744,000 validators that process transactions. Ethereum's transition from proof-of-work to proof-of-stake has been successful and is friendlier on the environment, according to prominent venture capitalist and crypto analyst Adam Cochran.

Bitcoin NFT collections have seen a significant increase in sales volume, surpassing Ethereum's NFT sales. The rise of Bitcoin Ordinals, which represent NFTs created on the Bitcoin network, has contributed to this trend.

A scammer, whose identity is unknown, has managed to make more than $315,000 worth of Ethereum by creating and abandoning meme coins. The scammer's strategy involved creating a meme coin with a small amount of Ethereum, providing liquidity to gain investor trust, and then removing the liquidity once sufficient investment was attracted.

During a Twitter space hosted by Bitcoin developer Udi Wertheimer, Ethereum co-founder Vitalik Buterin suggested that Bitcoin needs scalable solutions like zero-knowledge (ZK) rollups to become more than just a payment network. ZK-rollup chains are off-chain protocols that operate on top of the Ethereum blockchain and offer a more scalable and faster way to verify transactions without sharing critical user information.

PeckShieldAlert's community contributor has detected that ArcadiaFi has been exploited on both Ethereum and Optimism for approximately $455K.

The price of Ethereum has fallen below $1,880 against the US Dollar and is displaying bearish signals, potentially leading to a further drop towards $1,800. Although Ethereum is attempting a recovery from the $1,825 zone, it is still trading below $1,880 and the 100-hourly Simple Moving Average.

Charles d'Haussy from the dYdX Foundation shares his thoughts on the future of the platform after Ethereum and regulatory trends, with a focus on the possibility of a bitcoin ETF. The layout of a website is discussed in a code block, with a table displaying the CoinDesk Market Index and prices for various cryptocurrencies and financial assets.

According to data from Crypto Slam, Bitcoin's native non-fungible tokens (NFTs) known as "Ordinals" are on the verge of overtaking Ethereum in the NFT market. Despite Ethereum's current lead with over $24 million in NFT sales, Ordinals have seen a surge in both sales and active buyers, achieving an impressive 129.50% growth in USD sales and attracting close to 10% of the buyer market.

During a Twitter Spaces conversation, Ethereum inventor Vitalik Buterin discussed the need for scaling solutions for Bitcoin beyond just payments. He suggested that Bitcoin could learn from Ethereum's experiments with scaling solutions such as Plasma or ZK Rollups.