Ether tests $4,000
The second-largest cryptocurrency has risen 5.8% in the past 24 hours. At one point it touched $3969, setting a local high.
Ether tests $4,000
The second-largest cryptocurrency has risen 5.8% in the past 24 hours. At one point it touched $3969, setting a local high.
Standard Chartered: Ethereum Treasuries Offer More Attractive Alternative to ETFs
Public companies holding reserves in Ethereum are more appealing to investors than spot ETH-ETFs, according to Jeffrey Kendrick, head of digital assets at Standard Chartered, as reported by The Block. He noted that the market net asset value (MNAV) multipliers of these firms—the ratio of market capitalization to the value of the cryptocurrency they hold—have […]Institutional Investors Increase Ethereum Purchases for Staking and Risk Hedging
Institutional investors are actively purchasing Ethereum, while retail traders remain on the sidelines. This divergence is attributed to differences in access to capital, analytics, and investment approaches, according to several experts. “Institutional clients are turning to regulated platforms to hedge macro risks,” stated Emma Shi, head of HashKey OTC. A sign of “whale” demand is […]
Ethereum ETFs post a record outflow
Despite the market’s recovery, net capital outflows from ether-based exchange-traded funds continued for a second day. On 4 August they hit a record $465.06 million.
Ethereum Whales Expand Holdings Over the Weekend
Large holders are actively purchasing the second-largest cryptocurrency by market capitalization, despite a short-term price drop below $3400 over the weekend, according to on-chain analysts. Somebody is buying a TON of ETH. In the past 3 days, this address has accumulated $300M of ETH from Galaxy Digital OTC. It’s currently worth $274M, with this address […]
Corporate Crypto Reserves Trend Likened to 1920s Bubble
Analysts at Galaxy Digital have warned of risks in the public company sector accumulating cryptocurrencies through stock issuance. This model creates systemic vulnerabilities and could lead to a cascading collapse. Major firms have created a new asset class — Digital Asset Treasury Companies (DATCOs), according to the report. Currently, they hold digital assets worth over […]
Vitalik Buterin Outlines Ethereum’s Decade-Long Vision
Ethereum’s primary goal for the next decade is to ensure the network’s seamless operation to preserve users’ digital autonomy. Vitalik Buterin stated this during a live broadcast marking the 10th anniversary of the mainnet of the second-largest cryptocurrency by market capitalization. According to him, since Ethereum’s inception, developers have achieved much of what was described […]
Analyst Predicts Ethereum Surge to $16,000
The price of the second-largest cryptocurrency by market capitalization could reach $15,000-$16,000 in the current market cycle, according to technical analyst known as Edward. Can $ETH actually hit 16K this cycle? Ethereum has always attracted bold predictions, but this time the technicals and fundamentals may finally be aligning. A five-digit ETH is a plausible scenario […]
Ethereum Foundation Unveils Decade-Long Strategy for Network
Following the tenth anniversary of Ethereum’s mainnet, the Ethereum Foundation, the organization behind the blockchain, unveiled a development plan for the next decade. The document was authored by lead network developer Justin Drake. He began by highlighting the protocol’s 100% uptime since launch, the diversity of clients, and the 35.7 million ETH worth $130 billion […]
Experts Acknowledge Solana, Sui, and Near as Quantum-Resistant
Modern blockchains such as Solana, Sui, and Near are better shielded from the threat of quantum computers than Bitcoin and Ethereum, according to analysts at Mysten Labs. The networks of the two largest cryptocurrencies by market capitalization operate on ECDSA, which is theoretically vulnerable to quantum attacks. Shor’s algorithm can recover private keys from public […]Corporate Ethereum reserves top $10bn
The total value of the second-largest cryptocurrency held on corporate balance sheets has reached $10.53bn.
Researchers Link Cryptocurrency Market Risks to the US Dollar
The price of the leading cryptocurrency remains stuck between support at $116,000 and resistance around $120,000. Ethereum’s momentum is also waning as it approaches the psychological mark of $4,000, according to analysts at QCP Capital. In their view, there is a strong likelihood of new all-time highs in the medium term, driven by institutional capital […]We use cookies to improve the quality of our service.
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