A pro-crypto US government, near-insatiable institutional investor demand, and the chance for ETH staking ETFs made ETH a top performer last week.
Public firms like SharpLink and BitMine are racing to stockpile Ether, fueling speculation that renewed treasury demand could help push ETH toward $4K.
The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors.
Spot Ethereum ETFs notch $533 million in daily inflows, pushing all-time inflows to $8.3 billion amid rising institutional demand.
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout.
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi.
SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder.
Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May.
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.