The SEC has clarified that certain liquid staking models do not constitute securities offerings, providing a clearer regulatory framework for Ethereum-based staking protocols. Summary The SEC’s Division of Corporation Finance issued a staff-level statement clarifying that properly structured liquid staking arrangements do not qualify as securities under federal law. Liquid staking models that rely on…
Ethereum was trading at $3,658 at press time, posting a 2.2% gain over the last 24 hours as on-chain metrics show a surge in transaction activity. Summary Ethereum is trading at $3,658, up 2.2% on the day but down 4.7% over the week. Daily Ethereum transactions hit 1.87M on Aug. 6, nearing record highs. Technical…
After months of underperformance, Ethereum is starting to turn around on institutional interest. Summary Ethereum outperformed Bitcoin in the last 90 days Institutional interest was the main driver of Ethereum’s rise BitMine recently became the largest ETH holder Institutions are no longer just looking at Bitcoin (BTC) when it comes to crypto treasuries. Ethereum (ETH)…
Bitcoin’s dominance crumbled to 60% as altcoins, supercharged by Ethereum’s explosive rally, seized the spotlight. With corporate treasuries loading up on ETH and stablecoin regulations easing, the market’s risk appetite appears to be undergoing its most dramatic pivot this year. Summary Ethereum surged 51% in July, outpacing Bitcoin and leading a broad altcoin rally driven…
Ethereum has been trading sideways over the past week, struggling to break out of the negative trend that cut its weeks-long rally short. Summary Ethereum is struggling to climb above $3,600 amid mounting sell pressure. Polymarket traders see a 54% chance of a new ETH all-time high in 2024 Growing institutional interest in Ethereum is…
SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether. SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplink’s co-CEO, Joseph Chalom discusses the rationale behind this strategic…
Ethereum is trading at $3,667 at press time, rising 4% in the past 24 hours and indicating renewed interest after a sharp drop earlier in the week. Summary Ethereum open interest on Binance has hit a record $8.7B, nearly 3.5x higher than in the 2021 bull market. Despite neutral funding rates, rising volume and leverage…
The Ether Machine’s latest $40 million acquisition pushes its treasury to 345,362 coins, but the real question isn’t “how much?”, it’s “what’s next?” With staking, restaking, and DeFi strategies in motion, the firm is turning its holdings into an active financial engine. Summary The Ether Machine’s treasury surpasses 345,000 ETH after a $40 million buy,…
BitMine Immersion is executing one of crypto’s most aggressive accumulation plays, amassing 833,137 ETH worth $2.9 billion in just five weeks. The staggering haul now positions the firm as the single largest corporate holder of Ethereum worldwide. Summary BitMine Immersion has become the world’s largest corporate holder of Ethereum, acquiring 833,137 ETH worth $2.9B in…
SharpLink Gaming has continued its aggressive Ethereum acquisition strategy, purchasing another 15,822 ETH worth approximately $53.9 million. Summary SharpLink added 30,755 ETH for $108.6M, bringing its holdings to 480,031 ETH. The entire treasury is staked and leadership includes ex-BlackRock and Consensys executives. Analysts are split, with some praiing institutional momentum and others warning of overvaluation….
