Former BitMEX CEO, Arthur Hayes, has bought back into ETH to the tune of US$10.5 million after having sold US$8.32 million worth of the cryptocurrency just days earlier at a significantly lower price. Hayes’ reversal came after ETH surged significantly after his sell-off, rising from around US$3,507 at the timeContinue Reading
Ethereum (ETH) is leading a new altcoin season, with its price surging almost 50% in the last month to trade at around US$4,271. The rally is fueled by strong institutional interest, with Ethereum ETFs accumulating US$8.7 billion in inflows over the past year. Analysts believe this could be the startContinue Reading
With enhanced returns and yield exposure, Ethereum-focused corporates are taking the lead over spot ETFs. Standard Chartered projects further growth in ETH treasury participation. ETH currently trades at US$3,652 (AU$5,597), with a US$4,000 (AU$6,128) year-end target. Standard Chartered believes Ethereum treasury firms are outperforming US spot ETFs by providing superiorContinue Reading
EIP-7999 proposes a single, fungible max fee to cover multiple Ethereum transaction resources. The upgrade could further improve cost-efficiency and maintain Ethereum’s competitive edge. It would build on past improvements like EIP-7706 and gas normalisation research. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced a new proposal, EIP-7999,Continue Reading
Mike Novogratz, the CEO of Galaxy Digital, told CNBC’s Squawkbox that he thinks ETH could start to outperform Bitcoin within 3-6 months, driven by the rise of Ethereum treasury companies. Novogratz said that if ETH can crack the US$4,000 mark it will enter a period of price discovery. He alsoContinue Reading
Corporate and institutional treasuries now hold over US$10.5 billion in Ether, representing 2.26% of ETH’s circulating supply across 64 major organisations. Bitmine Immersion Tech leads with 625,000 ETH, followed by SharpLink Gaming and The Ether Machine, whose combined holdings now exceed the Ethereum Foundation’s own reserves. Some firms like BernsteinContinue Reading
Ethereum’s decade-long evolution has transformed it from an ICO experiment to the dominant smart contract platform supporting DeFi, NFTs, and stablecoins. The Merge helped cut Ethereum’s energy use by 99%, but challenges around scaling and regulation still remain. Ethereum maintains dominance in DeFi and NFTs, but must innovate quickly amidContinue Reading
A note from brokerage firm Bernstein sent Monday has explained how ETH treasury strategies using staking and DeFi to optimise yield increase liquidity management complexity and introduce smart contract security risks. Bernstein wrote that while these strategies add cash flow through staking rewards, compared to Bitcoin treasuries strategies they’re significantlyContinue Reading
Crypto ETPs saw their 15th consecutive week of net inflows, pushing year-to-date totals to US$29.5 billion and AUM to an all-time high of US$221.4 billion. Ethereum-based investment products attracted US$1.59 billion, their second-largest weekly inflow ever. ETH’s price surged over 55% in 30 days. SharpLink Gaming acquired another 77,210 ETH,Continue Reading
