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…
Ethereum is once again approaching critical levels after a stretch of volatile yet bullish price action. Following a sharp rebound from yesterday’s low of around $3,675, ETH is now trading above the $3,800 mark, regaining momentum as traders eye a decisive move. While short-term volatility remains, the overall structure favors continuation—provided ETH can break cleanly…
Ethereum-focused (ETH) blockchain firm BTCS Inc. has unveiled plans to raise up to $2 billion through share sales to expand its cryptocurrency holdings. The move was disclosed in a recent S-3 registration statement filed with the US Securities and Exchange Commission (SEC). BTCS To Accumulate More Ethereum? According to a recent S-3 filing with the…
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…