Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark. The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years. Despite the recent dip, on-chain data suggests the uptrend may…
Ethereum is attempting to hold the crucial $3,600 support level after a modest pullback from recent highs. Despite the short-term correction, ETH remains one of the strongest performers in the crypto market, having surged over 85% since late June. Bulls continue to show strength, supported by weeks of sustained buying pressure and growing investor confidence….
Ethereum has faced an 8% correction since Monday, cooling off from its recent rally and slipping below the key $3,850 level. This move suggests that the bullish momentum that carried ETH higher in July is beginning to fade, with price now entering a critical consolidation phase. Bulls are still holding key support levels, but the…
The race for an Ethereum treasury reserve is heating up, as multiple big companies continue to accumulate the second-largest crypto asset at a rapid rate and scale. While accumulation at the institutional level has spiked, the Ethereum Foundation has lost its position as the leader in ETH holding rankings. New Institutions Overtake Ethereum Foundation In…
Eric Conner, a prominent Ethereum figure who helped design the network’s landmark fee-market overhaul EIP-1559 and recently left the ecosystem to work in artificial intelligence, said late Thursday that the US Securities and Exchange Commission’s new policy direction amounts to a dramatic tailwind for Ether. “The SEC just lit a rocket under Ethereum,” Conner wrote…
The Ethereum Foundation (EF) recently marked the tenth anniversary of the Ethereum blockchain with the launch of an ambitious new roadmap aimed at fortifying and expanding its ecosystem for the next decade. Ethereum Foundation’s New Roadmap In a blog post released on Thursday, the EF underscored Ethereum’s unique position in the blockchain landscape, boasting 100%…
The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary. The Ether Machine Continues To Stack ETH In a recent announcement, The Ether Machine confirmed it had purchased nearly 15,000 ETH for $56.9 million, at an…
Analysts at investment firm Bernstein have discussed in detail the Ethereum treasury companies, which have begun to emerge. The analysts highlighted specific risks around their ETH operations but declared that they remain bullish on the largest altcoin by market cap. How The Ethereum Treasury Companies Are Unique The Bernstein report noted how the Ethereum treasury…
Solana is starting to mirror the kind of setup that launched Ethereum from $100 to $4,300 during the last major cycle — and it’s adding serious weight to the bullish Solana price outlook this time around. The fundamentals are stacking fast. Solana has now led all Layer 1 and Layer 2 blockchains in network revenue…
Ethereum marked its 10th anniversary with a major milestone, corporate treasuries now hold over 2.73 million ETH valued above $10 billion, accounting for 2.26% of its circulating supply. Companies like SharpLink Gaming and Bitmine Immersion Technologies now lead as the largest holders, even surpassing the Ethereum Foundation. This growth comes amid mounting institutional interest, with…