Standard Chartered predicts Ethereum will reach US$7,500 by end of 2025 and an ambitious US$25,000 by 2028, representing a five-fold increase from current levels. Financial experts including Fundstrat’s Tom Lee believe ETH is having its “Bitcoin 2017 moment” with Wall Street finally recognising Ethereum’s true value potential. Recent Ethereum ETFContinue Reading
Bullish secured US$1.1B in its IPO, debuting at a US$5.4B valuation. Shares surged 84% on opening day, lifting co-founders Brendan Blumer and Kokuei Yuan’s net worths above US$2B each. Launched in 2021, the exchange has facilitated over US$1.25T in trades across spot, margin, and derivatives markets. Cryptocurrency exchange Bullish hasContinue Reading
Australia’s media watchdog, the Australian Communications and Media Authority (ACMA), has asked internet service providers to block access to blockchain-based prediction market, Polymarket. The request comes after an ACMA investigation found Polymarket was offering gambling services to Australians without an appropriate license. The move sees Australia join other countries, includingContinue Reading
The Astana International Exchange (AIX) in Kazakhstan has listed the region’s first spot Bitcoin ETF, managed by Fonte Capital and trading under the ticker BETF. The ETF’s physical Bitcoin is held by BitGo Trust, a regulated US subsidiary, which provides institutional custody and secures the assets in offline cold storage.Continue Reading
Eden Network, an Ethereum protocol that aimed to mitigate the negative effects of MEV, has announced it is winding down all of its services. The team stated the decision was made due to intense competition and high operating costs in the MEV-Boost relay and block-building market, which made it unsustainableContinue Reading
A group of influential Ethereum whales, known as “7 Siblings”, has sold 19,461 ETH valued at US$88.2M in a 15-hour period, according to blockchain analytics. This is part of a deliberate asset management strategy; the group had previously accumulated over 103,543 ETH and is now moving funds through multiple wallets.Continue Reading
Bitcoin has set a new all-time high above $124,000 USD, reclaiming attention despite modest daily gains of just 0.17%. Ethereum continues its stellar month, sitting less than 2% away from breaking its previous all-time high after nearly four years. The broader crypto market is thriving with double-digit weekly gains acrossContinue Reading
US Ethereum ETFs recorded massive net inflows of more than US$1 billion on Monday, significantly outperforming Bitcoin ETFs which saw only US$180 million in inflows. Ethereum has surged 8% daily and 30% weekly to trade at US$4,673, while Bitcoin managed modest gains of 0.2% daily and 5% weekly at US$119,329.Continue Reading
Pantera Capital has invested over US$300M in digital asset treasury companies and launched two dedicated DAT funds. The company backs DATs to outperform ETFs through NAV growth and yield strategies. Their NAV growth strategies include share issuance, staking rewards, and convertible debt. Pantera Capital has committed over US$300 million (AU$459.45Continue Reading
The Grayscale DeepBook Trust and Grayscale Walrus Trust offer accredited investors direct exposure to two core Sui blockchain protocols. DeepBook has processed over US$10B (AU$15.35B) in trades, while Walrus raised US$140M (AU$214.84M) for scalable, privacy-focused on-chain data storage. Sui’s DeFi activity reached a record US$2.3B (AU$3.53B) TVL in July, withContinue Reading
