Ethereum surged past $3,900 on Friday, driven by a wave of fresh institutional interest and record-breaking flows into ETH-focused treasuries and ETFs. It briefly reached $3,952 before easing to around $3,909 by 2:20 am ET. Analysts believe a test of the $4,000 mark could be imminent. The rally follows a $200m stock offering from SharpLink…
SharpLink Gaming, Inc. (Nasdaq: SBET), one of the largest corporate holders of Ethereum, has announced a $200 million registered direct offering priced at $19.50 per share. NEW: SharpLink raises $200M in a direct offering led by four global institutional investors at $19.50/share This capital will be used to expand our Ethereum treasury, expected to surpass…
Cosmos Health Inc, a diversified global healthcare group, has secured up to $300 million in financing to launch an Ethereum treasury reserve strategy. According to an official press release, the healthcare company entered into a securities purchase agreement with a U.S.-based institutional investor for senior secured convertible promissory notes, marking its entry into corporate cryptocurrency…
The Ethereum (ETH) blockchain is experiencing a renewed surge in network activity, recently reaching a fresh all-time high (ATH) in daily transactions. However, despite this increase in on-chain fundamentals, ETH’s price continues to trade below major resistance levels, raising concerns that bullish momentum may be fading. Ethereum Network Activity Picks Momentum According to a CryptoQuant…
Ethereum is trading below the $3,700 level after days of heightened volatility and mounting uncertainty. The recent price action reflects a clear struggle by bulls to defend key demand zones, as bearish momentum continues to dominate short-term trends. Despite multiple rebound attempts, Ethereum has been unable to reclaim crucial resistance levels, raising concerns of a…
SharpLink Gaming, Inc. (Nasdaq: SBET), has expanded its Ethereum treasury by purchasing 83,561 ETH between July 28 and August 3, 2025. NEW: SharpLink now holds 521,939 ETH Between July 28 – August 3, SharpLink acquired 83,561 ETH for $264.5M at an average price of $3,634 ETH-per-share (“ETH Concentration”) is now 3.66, up from 3.40 last…
BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, has added 208,137 ETH to its growing crypto reserves, boosting its total holdings to 833,137 ETH, now worth over $3 billion. Key Takeaways: BitMine holds 833,137 ETH worth over $3 billion, making it the largest corporate Ethereum holder. The firm’s aggressive strategy puts it far ahead of…
BitMine Immersion Technologies said it is positioning itself as the largest holder of ETH among corporate treasuries, accumulating 833,137 ETH valued at over $2.9 billion as of August 3. 1/It has been 1-month since BitMine launched ETH Treasury strategy. 2 milestones announced today:– BMNR now owns 833,137 ETH valued at $2.95 billion– Bill Miller III…
Ethereum-based liquid staking giant Lido has slashed its workforce by 15%, a move co-founder Vasiliy Shapovalov says is aimed at preserving the project’s long-term viability. Key Takeaways: Lido cut 15% of its workforce to focus on long-term sustainability and cost control. The protocol continues to lead in liquid staking with $31B TVL and advanced staking…
Ether Machine, backed by several high-profile industry investors including Pantera Capital and Kraken, has announced purchasing 15,000 ETH as part of its long-term treasury strategy. Per an official release, the company bought ETH worth $56.9 million at $3,809.97 per token. The fresh purchase brings its total ETH holdings to 334,757 ETH and has $407 million…