Key takeaways: ETH is increasingly viewed as a reserve asset for the digital dollar economy, with over 54% of stablecoins issued on Ethereum. Fidelity sees Ethereum as a sovereign digital economy, with ETH acting as both a store of value and a medium of exchange. Recent reports argue that ETH’s fee drop was a strategic…
The Nasdaq stock exchange filed an application with the US Securities and Exchange Commission (SEC) on Wednesday on behalf of BlackRock to add staking to the asset manager’s iShares Ether (ETH) exchange-traded fund (ETF). If the application is approved, the fund would give investors exposure to staking rewards accrued from using the underlying Ether as…
Key takeaways: Ether price has climbed to a 6-month high, driven by record ETF inflows and rising network activity. The RSI buy signal at 40 in April, historically tied to major ETH price rallies, suggests a potential price target of $7,000-$10,000 in 2025. Ether’s (ETH) price rallied toward $3,500 on Thursday, a level not seen…
The United States Securities and Exchange Commission (SEC) extended its deadline for ruling on in-kind redemptions for two separate crypto exchange-traded funds (ETFs). According to a Wednesday SEC filing, the regulator will take more time to decide whether to allow in-kind redemptions on NYSE Arca for Bitwise’s Bitcoin (BTC) and Ether (ETH) spot ETFs. The…
US spot Ether exchange-traded funds clocked a new daily net inflow record of $717 million on Wednesday as altcoins rallied. BlackRock’s ETHA saw a daily inflow record, contributing $489 million to the day’s results and Fidelity’s FETH fund saw the second-highest net inflow of $113 million, according to preliminary data. US spot Ether ETFs now…
As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial…
Key takeaways: Ether’s open interest has rallied 64% since June 22 to a record high of $46 billion. Analysts say ETH could reach as high as $30,000 this cycle, with the near-term target at $4,000. Ether (ETH) price is up 6% on Wednesday, reaching $3,170 for the first time since Feb. 1. This outperformed the…
Key takeaways: Ethereum is up 50% against Bitcoin since April, breaking key resistance levels. Corporations now hold over $5 billion in ETH, which is one of the key reasons behind the Ether boom. ETH still lags behind in 2025 returns, leaving room for upside. Ethereum’s Ether (ETH) token is gaining momentum against Bitcoin (BTC), with…
As layer-1 networks face pressure to maintain relevance, Ethereum proponents suggest a new path forward: becoming a layer-2 on Ethereum. On Monday, Jason Chaskin, who leads app relations and research at the Ethereum Foundation, sparked a conversation after saying that most layer-1s will become Ethereum layer-2s. He pointed to Celo’s recent transition as a blueprint. …
At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic. Elliptic attributes 12% of those movements to North Korea. Crosschain swaps were once a niche activity reserved for advanced traders and decentralized finance (DeFi) users, but…