The company plans to launch “one of the largest onchain ETH positions of any public entity” by generating ETH-denominated returns through staking and DeFi participation.
Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase.
Ether’s current structure mirrors the Dow Jones’ 1980 bull run, with technical patterns reinforcing the ETH price rally outlook.
Institutional investors will increasingly adopt blockchain-based compliance solutions and tokenized RWAs, Chainlink’s co-founder Sergey Nazarov told Cointelegraph.
Ethereum’s gas limit climbed over 37 million, with 47% of validators supporting a jump to 45 million.
Bitcoin and Ether traders are eyeing price milestones into the weekly close, with a resistance trend line keeping BTC bulls from heading to all-time highs.
James Wynn has opened high-risk leveraged trades on Ether and PEPE worth over $23 million after a $536,000 USDC deposit into Hyperliquid.
Fusaka hard fork’s next devnet will go live on Wednesday. The first public testnet is scheduled to launch in late September.
Spot Bitcoin ETFs have attracted over $6.6 billion in 12 days, boosting assets under management to $152.4 billion.
Ether is punishing shorts already, but another 10% ETH price upside will liquidate $1 billion, helping cement $4,000 in the process.