Ethereum (ETH) has shown a strong upward trajectory over the past seven days as it climbed from around $4,300 last week to briefly test the $4,700 level before pulling back to the current level of $4,520 entering the new week. In fact, the crypto asset continues to see notable whale accumulation, as fresh wallets actively…
America is coming on-chain, and it is using Ethereum as its ledger, said Ryan Sean Adams from Bankless on Thursday. “In the coming decades, I believe Ethereum could become the root of trust for $100 trillion in American capital markets,” he added. He said that America’s real-world asset tokenization drive could see as much as…
“Capital has been rotating from Bitcoin into Ethereum,” said popular analyst Will Woo on Wednesday. He posted a chart showing that flows into Ether are around $900 million per day, which has caught up with flows into Bitcoin. “This latest climb in flows started when Tom Lee’s ETH treasury company, BitMine, started their ETH accumulation,”…
Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more than the $5.88 billion in Bitcoin…
Ethereum (ETH) has logged nearly 20% gains in the past week as it outperformed many crypto assets. After reclaiming the $4,200 price level for the first time since 2021, ETH has managed to stay above this level. Beyond price action, on-chain data reveals a telling change in how the leading altcoin’s most dedicated holders are…
Ethereum (ETH) is flashing technical patterns unseen since its last bull market peak, fueling bold $5,000 price predictions among top analysts. Amidst a slight weekly pullback, signs of underlying strength have emerged, with increasing on-chain activity and significant institutional buying setting the stage for a potential major breakout if key resistance levels crumble. Technical Crosscurrents…
NTFs are seeing what could be the start of a market revival as their market capitalization surges on the day. The big move was observed by crypto analytics platform CoinGecko, which reported a market cap jump from $5.1 billion to $6 billion. At the time of writing, NFT market capitalization had gained more than 20%…
Though it is an Ethereum competitor launched in Aug. 2023, SEI is compatible with the ETH ecosystem using the EVM. Moreover, it is custom built with special integrations to support decentralized exchange (DEX) formats. Built on the Cosmos Tendermint platform to secure records using a Delegated Proof of Stake method, SEI is a super fast…
US President Donald Trump announced a complete ceasefire between Israel and Iran, potentially ending the 12-day war, late on Monday. Trump took to his social media network, Truth Social, to state, “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.” Trump on the Israel/Iran…
This week, the cryptocurrency space recorded a major win in the stablecoin sector despite geopolitical headwinds keeping markets in a risk-off stance. However, bitcoin (BTC) continued to consolidate until Friday before it plummeted due to tensions between Israel and Iran. A weekly report by the world’s largest crypto exchange, Binance, revealed that global markets have…