Ethereum | Crypto

Ethereum staking and accumulation reached new highs in June, pointing to institutional trust, as July starts strong for the altcoin.

Bitcoin came close to a return to $110,000 on Wednesday as major altcoins like Ethereum and Dogecoin put up larger gains.

Speaking at EthCC in France, Ethereum’s founder said developers need to stay true to crypto’s principles amid a wave of corporate blockchain adoption.

Ethereum developer Zak Cole is spearheading a new initiative called the Ethereum Community Foundation (ECF), which will primarily work to enhance the digital asset’s economic value. The initiative was announced during the Ethereum Community Conference in Cannes, France. Founded by Cole and a group of ecosystem supporters, the ECF has reportedly already raised “millions” and […] The post Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms appeared first on CryptoSlate.

Arbitrum has climbed back toward $0.33 after shedding 7% from yesterday’s peak, while its $2.4 billion TVL, 1 million active wallets, and ties to Robinhood and Binance have reinforced its position as Ethereum’s busiest Layer-2, although the token remains 86% below its all-time high. The post Arbitrum ($ARB) Defies Market Slump: Can the Ethereum L2 Leader Hit $0.59 Next? appeared first on Cryptonews.

Recent tailwinds such as staking on exchange-traded funds (ETFs) and regulatory clarity may drive Ethereum (ETH) toward $3,000 in the coming weeks, according to a note by MEXC Research. As of press time, ETH was trading at $2,510, up 3% over the past 24 hours. MEXC Research linked the upside scenario to two key drivers: […] The post Ethereum poised for $3,000 with regulatory tailwinds and ETF demand appeared first on CryptoSlate.

The XRP Ledger (XRPL) has launched its Ethereum Virtual Machine (EVM) sidechain on the mainnet, according to a June 30 announcement. The sidechain would allow developers to create, port, and deploy Ethereum-compatible decentralized applications (dApps) within the XRPL ecosystem. The XRPL EVM sidechain is built to be fast and secure and is connected to the […] The post XRP Ledger launches EVM sidechain, bridging Ethereum and XRP appeared first on CryptoSlate.

Big Ethereum holders are shrinking their balances while mid-sized wallets grow, signaling possible whale selling and potential downward pressure on ETH price. Key takeaways: Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance. A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days. Read more

BitMine Immersion Technologies raised $250 million through a private placement to establish an Ethereum treasury, signaling a shift away from its previous Bitcoin-centric approach. Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury. BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement. MOZAYYX led the raise, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. The transaction is expected to close on Thursday, provided that conditions, including the authorization of the Supplemental Listing Application by the NYSE American, are met. Read more

Ethereum remains dormant below the critical $2.5K resistance, constrained by declining volatility and subdued trading activity. A decisive move in either direction will likely require a fresh injection of demand or supply to break the current equilibrium. Ethereum Price Analysis: Technicals By Shayan The Daily Chart ETH is currently exhibiting muted trading activity and compressed […]

Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking. Former Bitcoin mining firm Bit Digital fell sharply this week, with its share price tumbling almost 19% over the five-day period to close at $1.99 on Friday, with a 15% drop in just 24 hours.  The plunge follows major company announcements, including a $150 million public offering and a strategic pivot to Ether staking. On Thursday, the company announced a public offering of 75 million ordinary shares that is intended to raise $150 million.  Bit Digital plans to issue the 75 million ordinary shares at $2 each. The proceeds will be used to purchase Ether (ETH), doubling down on its previous decision to shift to an Ethereum-focused company.  Read more

Myriad Markets users are placing predictions on President Trump's language, whether Ethereum will rise or fall, and Wimbledon's winner.

Former Tether and Blackstone execs plan to build a publicly traded crypto treasury spanning Bitcoin, Ethereum, Solana, and more.

After dropping crypto in 2023, SoFi is getting back in the game with Bitcoin and Ethereum trading, stablecoins, lending, and beyond.

ETH’s two-week chart signals a bearish crossover, resembling a 2022 setup that preceded a 40% decline in the price of Ether. Key takeaways: Ethereum has printed its first two-week death cross since 2022, historically linked to a ~40% price drop. ETH faces downside risks while trading below two key trendlines. Read more

Cardano-powered privacy network Midnight will offer NIGHT tokens in an airdrop to millions of crypto users on Bitcoin, Ethereum, and beyond.

Technical patterns point to a potential 25% rebound in Ether’s price, with whales scooping $263.5 million worth of ETH during the price dip. Key takeaways: An Ethereum whale accumulated $39 million in ETH during a sharp market sell-off triggered by US airstrikes on Iran. Ethereum mega-whales added over 116,000 ETH on June 21, signaling strong buy-the-dip sentiment. Read more

The amount of Ethereum (ETH) held in strategic reserves is nearing a critical benchmark, with nearly 1% of the crypto’s total circulating supply now held by major organizations and institutions. Data from the Strategic ETH Reserve shows that approximately 1,167,712 ETH, valued at nearly $2.96 billion, is currently designated as a strategic holding. This figure […] The post Ethereum’s strategic reserves hit nearly 1% of supply as top holders dominate appeared first on CryptoSlate.

Ethereum staking yields are falling as yield-bearing stablecoins and DeFi protocols offer more competitive returns. Can ETH regain the upper hand in the yield wars? Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining market share. Read more

Trump Media & Technology Group has sought SEC approval for an ETF holding Bitcoin and Ethereum in a 75-25 split, with Crypto.com as custodian and Yorkville Digital as sponsor. The company has also unveiled a U.S.-made $499 “Trump Mobile” phone and service targeting a September rollout. The post Trump’s Truth Social Wants to Launch a Bitcoin & Ethereum ETF – Here’s What That Could Mean appeared first on Cryptonews.