Ethereum’s price jumped for six consecutive days, reaching its highest point since January 7. It has jumped by over 158% from its lowest point in May this year. Ethereum (ETH) jumped to around $3,580, making it one of the best-performing coins this week. SoSoValue data shows that the surge coincided with the robust spot Ethereum…
After a prolonged period of stagnation, Ethereum appears to be regaining its value. Partially, Ether’s success on the market can be attributed to the actions of Wall Street analyst Thomas Lee, who launched an Ethereum treasury after joining Bitcoin mining company BitMine. Some have even christened Lee an Ethereum savior. Who is he? Will he…
Ethereum’s proof-of-stake era has created new power dynamics, and Bit Digital appears to be positioning itself at the center. With $436 million in ETH acquired, and the majority of it staked, the company could significantly influence network security and governance decisions. Nasdaq-listed company Bit Digital announced on July 18 that it has added 19,683 Ether…
Corporate interest in Ethereum keeps heating up, and SharpLink is pushing harder into the trend, aiming to turn more capital into ETH. According to a recent SEC filing, SharpLink has updated its stock sale program, boosting the limit to $6 billion from $1 billion. The company has already sold about $720.8 million from the first…
Traders on X celebrate as Ethereum bounces back to the $3,650 threshold and beyond. The rally is believed to be fueled by mounting institutional demand as ETH is likened to ‘digital oil.’ On July 18 at around 6:30 AM UTC, data from crypto.news showed that the second-largest cryptocurrency by market cap is soaring high above…
Public companies are rushing into Ethereum, and GameSquare just made its move. Backed by Dialectic’s yield expertise, the $90 million capital could make it one of the biggest corporate ETH holders, and a case study in crypto treasury strategy. On July 17, Nasdaq-listed company GameSquare Holdings, Inc. announced the closing of a $70 million public…
BitMine now holds 300,657 ETH worth $1 billion, eclipsing the Ethereum Foundation’s $665 million holdings. This corporate accumulation raises new questions about influence over Ethereum’s future direction. On July 17, BitMine Immersion announced that its Ethereum (ETH) holdings had surpassed $1 billion, more than triple the $250 million it raised in a private placement just…
Ethereum surged past the $3,300 mark on July 16, trading at levels not seen since early February, as inflows into spot Ethereum exchange-traded funds hit a new all-time high. As of this writing, Ethereum (ETH) is up 7% over the last day, trading at $3,336. The token peaked at $3,385 intraday, marking a significant breakout…
Crypto prices rebounded despite a major legislative setback for key bills intended to bring clarity to the industry. Crypto markets regained bullish momentum on Wednesday, July 16, with Bitcoin (BTC) rising 2.3% to trade at $118,900. The overall crypto market cap increased by 1.39%, while major altcoins posted even larger gains. The top 100 crypto…
The recent crypto market pullback hasn’t fazed Ethereum. The second-largest crypto asset has bounced back strongly and now looks primed for more upside. Ethereum (ETH) has reclaimed the $3,100 level for the first time since February, after gaining nearly 7% in the past 24 hours. At the time of writing, the asset trades around $3,153,…
