DinoCrypto

The increase also came at a time when bipartisan support emerged for excluding miners from being considered “brokers” in the U.S. infrastructure bill.

Data aggregators have listed more than 2,000 new crypto assets in the first half of 2021.

Roughly 93% of Tether's commercial paper and certificates of deposit holdings was rated A-2 and above, while 1.5% was rated below A-3.

Despite experiencing outflows for the fifth straight week, assets under management in digital funds hit their highest level since mid-May.

Buyers could remain active on pullbacks this week as bitcoin cleared important technical levels.

The token remains below the 2 1/2-month high of $3,188 reached over the weekend.

A clean break above the 200-day moving average could accelerate prices, according to digital asset firm Zerocap.

Until recently, the manipulable “market cap” was nearly all investors had to go on when measuring the relative value of digital assets. More sophisticated yardsticks are emerging.

Some analysts are optimistic about the broad crypto rally and see further upside, especially for ether.

The latest rally took bitcoin's year-to-date return to 48%, far exceeding the Standard & Poor's 18% gain.

The ether-bitcoin price ratio has broken out to the upside – possibly an indication of a more buoyant risk-taking mood among crypto traders.

The U.S. unemployment rate fell to 5.4%, a post-pandemic low, from 5.9% in June, according to the U.S. Labor Department's Bureau of Labor Statistics.

"There was a flurry of call buying and put selling after the London fork," one trading firm said.

Strong overhead resistance could limit price rallies into next week.

Ether is up 3% over the past 24 hours.

"The notion of ethereum becoming a deflationary cryptocurrency in the future is now tangible, and the effects on ethereum’s valuation could be profound," said one analyst.

Though USDT and USDC still captured the largest market share, smaller stablecoins are trying to prove that they are backed by safer assets.

Crypto traders have been hotly anticipating the upgrade while monitoring the deployment for signs of how the changes might affect the pace of new issuance of ether.

Initial support around $34K could stabilize the pullback.

Ether has rallied almost 60% in two weeks.

Digital assets like livepeer, helium and bittorent have soared in value this year despite the recent slump in cryptocurrencies.

BlockTower Capital, Andreessen Horowitz (a16z) and Alameda Research led the round by purchasing TRU, TrueFi’s native token.

Bulls returned to defend short-term support in bitcoin and ether.

Traders in China appear to be more concerned about the future of Huobi and OKEx.

Bitcoin buyers could maintain support above $36K.