Ethereum reached a new all-time high of US$4,953 (AU$7,627) after surging 10% over the past week and nearly 4% in 24 hours, now eyeing the US$5,000 milestone. Crypto analyst Bit Bull suggests ETH could reach US$5,500 in the short term, citing Ethereum’s achievement of its “highest weekly close ever” asContinue Reading
Public companies and funds now collectively hold a significant portion of Ethereum’s supply, with treasury holdings surpassing 4.1 million ETH, or 3.39% of the total supply. BitMine Immersion Technologies is the largest corporate holder, with over 1.5 million ETH, and has abandoned Bitcoin mining to focus on Ether accumulation. U.S.Continue Reading
Bitcoin has plummeted nearly 9% from its all-time high of US$124,457 reached on 14 August, now trading at approximately US$112,733. Major cryptocurrencies including Ethereum, XRP and Solana have all suffered significant losses of 7-8% over the past week. Institutional investors are hedging their bets with massive ETF liquidations, including US$925.7Continue Reading
The Federal Reserve’s latest minutes reveal a rare split decision, with Governors Christopher Waller and Michelle Bowman dissenting from the majority by advocating for a 25 basis-point rate cut. Despite the Fed’s cautious stance, Bitcoin and Ethereum shrugged off an initial dip, with Ethereum heavily outperforming BTC and regaining aContinue Reading
According to Google Trends, search interest for “altcoin” and “Ethereum” has hit multi-year highs, with altcoin searches at a five-year peak and Ethereum searches at a two-year peak. This surge in retail interest coincides with a dip in Bitcoin’s dominance, which has historically signaled the start of a broader altcoinContinue Reading
An Ethereum whale from the network’s 2014 ICO has moved their entire stash of 334.7 ETH, worth over $1.5 million, after a decade of inactivity. The original investment of just $104 in the ICO has now yielded a potential return of over 14,269x for the owner. This move is partContinue Reading
Ethereum’s price has surged by 60% in the last month, reaching its highest level since late 2021 and outperforming Bitcoin year-to-date. Fundstrat, a market research firm, has named Ethereum the “biggest macro trade” for the next decade, with its research head projecting a price of $12,000 to $15,000 by theContinue Reading
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
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