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The cycle is just beginning, as evidenced by the new capital flowing into bitcoin. The realized cap of short-term holders is about 35% of the total realized market cap. There are many analyses of why bitcoin has rallied, but the most compelling argument seems to be the halving and ETF

On-chain data shows that the top 1,000 Ethereum whale addresses bought over 170,000 ETH ($5.14 billion) over the weekend. It seems that the big whales are on an ETH buying spree. The whale with Ethereum wallet 0x8B947f974618aF6b3E63b7A942Ef02D505ad8564 has withdrawn and staked approximately 14,632 ETH on Binance

What is the overall state of the crypto market? Bitcoin price closes above $51,700 * Dominance is, Bit 52.2%, Ether 19.3%, Alt 12.4 * Total coin market capitalization of $1.94 trillion, altcoin market capitalization of $0.92 trillion Which cryptocurrencies are on the rise? * The 'Top

"The pre-halving rally has only recently begun, so a pre-halving correction is still weeks away," said crypto trader and analyst Rekt Capital, according to the Daily Hodl. "A pre-halving correction in bitcoin occurs between 15% and 20%. We believe there is two to three weeks of upside

"EIP-4844 (proto-danksharding) is part of the upcoming Ethereum (ETH) Dencun upgrade, which will introduce a new transaction type, 'blobs,' that will effectively lower fees by allowing for greater scalability," said Sassal, founder of ETH transaction fee tracking platform The Daily Gwei, on his X (formerly Twitter)