How are ETH bulls positioned after Ether’s 17% weekly gain?

Walmart's fintech division, OnePay, is set to enhance its digital wallet by introducing Bitcoin and Ether trading later this year. This move is significant as it positions Walmart to compete more effectively in the growing digital wallet and consumer banking market, appealing to a tech-savvy customer base eager for cryptocurrency options.

Walmart's banking app OnePay is set to enhance its offerings by adding Bitcoin and Ether trading later this year. This move is part of OnePay's strategy to evolve into a superapp similar to WeChat, which could significantly broaden its user base and appeal in the competitive financial technology landscape. By integrating cryptocurrency trading, OnePay aims to attract a younger, tech-savvy audience looking for comprehensive banking solutions.

OnePay is set to enhance its services by integrating Bitcoin and Ether trading, thanks to a partnership with Zerohash. This move is significant as it could drive mainstream adoption of cryptocurrencies, positioning OnePay as a key player in the rapidly changing fintech landscape. As digital currencies gain traction, this integration not only benefits OnePay but also reflects a broader trend towards embracing innovative financial solutions.

Bitcoin is currently testing the $120,000 mark, which could lead to new record highs in the cryptocurrency market. This situation is significant as it reflects strong bullish sentiment among traders and highlights the potential for a short squeeze, where traders betting against Bitcoin may be forced to buy back in, driving prices even higher. Additionally, altcoins are showing impressive performance, indicating a broader positive trend in the crypto space.

Recent data shows a remarkable surge in institutional demand for Bitcoin and Ether ETFs, with over $900 million in inflows. This trend highlights growing confidence among institutional investors in the cryptocurrency market, signaling a potential shift towards mainstream acceptance. As more institutions enter the space, it could lead to increased stability and legitimacy for digital assets, making this development significant for both investors and the broader financial landscape.

Bitcoin ETFs have experienced a remarkable surge with an inflow of $676 million, while Ether ETFs have also seen a healthy addition of $81 million. This significant investment reflects growing confidence in cryptocurrency markets and highlights the increasing acceptance of digital assets among investors. The rise in ETF inflows is crucial as it indicates a shift towards mainstream adoption, potentially paving the way for more innovative financial products in the crypto space.

Bitcoin is experiencing a remarkable surge, nearing $120,000 and reaching a seven-week high of almost $119,450. This rally has not only boosted Bitcoin's market value past that of Amazon but has also increased the total crypto market capitalization to an impressive $4.08 trillion. The excitement surrounding this rise is palpable, as many hope for a repeat of the historically bullish month of Uptober. Other major cryptocurrencies like Ether, Solana, and Dogecoin are also benefiting from this upward trend, making it a significant moment for the crypto market.

Solana's price has surged past the crucial $220 mark, reaching an impressive intraday high of $226.7, fueled by growing optimism around ETFs. This rally reflects a strengthening investor sentiment and highlights the potential for continued growth in the cryptocurrency market. As more investors show interest, it raises questions about the sustainability of this upward trend and what it could mean for the future of Solana and similar assets.

Bitcoin and Ether ETFs have seen a significant recovery, attracting $557 million in inflows recently. This surge is a positive indicator for the cryptocurrency market, suggesting renewed investor confidence and interest in these digital assets. As more funds flow into these ETFs, it could lead to increased stability and growth in the broader crypto ecosystem, making it an exciting time for both investors and enthusiasts.

Brazil has made headlines by transacting over $300 billion in cryptocurrency last year, showcasing a significant surge in digital asset adoption. This remarkable figure not only highlights Brazil's growing acceptance of crypto but also positions the country as a leader in the global digital finance landscape. As more Brazilians embrace cryptocurrencies for transactions and investments, it reflects a broader trend of financial innovation and could pave the way for more regulatory developments in the sector.

Bitcoin is showing strong signs of recovery, recently hitting a two-month high of $123,894, which has analysts buzzing about a potential new price discovery rally. This positive momentum is crucial as it indicates growing confidence in the cryptocurrency market, suggesting that Bitcoin could be on the verge of significant upward movement. With the market's recovery, many are watching closely to see if this trend continues, making it an exciting time for investors and enthusiasts alike.

Binance Coin (BNB) has made headlines by surging past $1,100, marking a new all-time high of $1,111 after a 6.5% increase in just 24 hours. This impressive rally showcases BNB's strength and resilience in a challenging economic climate, particularly with the ongoing U.S. government shutdown and shifts in monetary policy. As BNB continues to gain momentum, it raises questions about its potential to challenge Ethereum's dominance in the cryptocurrency market.

A Bullish Capital Management executive has noted that crypto venture capitalists are becoming more cautious and are no longer chasing every trending narrative in the market. This shift is significant as it indicates a more mature approach to investment in the crypto space, suggesting that investors are focusing on sustainable growth rather than speculative trends.

The Nigerian Central Bank and the Securities and Exchange Commission (SEC) are joining forces to create a comprehensive framework for digital currency. This collaboration is significant as it aims to regulate and promote the use of digital currencies in Nigeria, potentially enhancing financial inclusion and innovation in the country's economy. By establishing clear guidelines, both institutions hope to foster a safer environment for digital transactions, which could attract more investors and boost the local fintech industry.

XRP is making waves in the cryptocurrency market, recently surging over 14% and crossing the $3 mark, just 15% away from its all-time high. This impressive performance highlights XRP as a leading player in the crypto space, alongside Ethereum, Binance Coin, and Solana, which also saw significant gains. As the market trends upward, experts are optimistic about XRP's potential to reach a target of $4, making it an exciting time for investors.