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Shares of Fundamental Global plunged today on the Nasdaq after the company announced a major strategic shift toward Ether (ETH) as its primary treasury asset. The firm revealed plans to allocate $200 million to ETH, funded through a private placement of 40 million common stock warrants priced at $5 …
Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000.Ethereum started a fresh increase above the $3,840 and $3,880 levels.The price is trading above $3,800 and the 100-hourly Simple Moving Average.There is a bea…
The Ethereum validator exit queue reached 744,000 validators as of Saturday, July 26, its highest ever point in history. For context, the exit queue averaged roughly under 1,000 validators per day just two weeks ago. The exit queue spiking was likely caused by a mechanical liquidity shock on Aave’s …
Multiple Hyperliquid traders reported that their trades were not executing on Tuesday, raising concerns about a potential outage. On the community’s official Discord, a representative stated that there is an issue under investigation and that updates will be provided.The first reported issues starte…
Key takeaways:Ether’s open interest has doubled since June 22 to a record high of $58 billion. High network activity and a record stablecoin supply signal strong demand.Traders expect ETH to rally to all-time highs once $4,000 is broken. Ether’s price reclaimed the $3,800 level after dropping to $3…
ETH Strategy, a treasury accumulation protocol designed to provide leveraged exposure to Ethereum, has raised 12,342 ETH ($46.5 million) in its prelaunch funding.The team announced Sunday that the raise was secured through three separate channels targeting different investor profiles. The private pr…
The Chicago Board Options Exchange (Cboe) filed to list shares of Canary Capital’s proposed staked Injective exchange-traded fund (ETF), further expanding the wave of regulated crypto investment products in the United States.The Cboe’s 19b-4 filing, submitted Monday, came after investment firm Canar…
A new whale withdrew 11,370 ETH worth $40 million from Coinbase Prime at an average price of $3,811, turning a quick $400,000 profit. This purchase adds to growing whale activity, with over $2.38 billion in ETH accumulated since early July. Analysts see rising institutional demand and notable spot E…
In their latest presentation, BitMine Immersion Technologies suggested an implied value of $60,000 for Ethereum , citing consultations with unnamed research firms.The valuation comes amid ETH’s notable bullish rally. The price has surged 57% over the past month, even outpacing Bitcoin’s 10% monthly…
Except for its name, nothing is little about Little Pepe ($LILPEPE). Not its ambition, token giveaway, nor the amount raised.The project itself wants to take meme coins to the next level with its Little Pepe Layer 2 blockchain. Once launched, this will deliver the speed, security, and low fees that …
BitMine Immersion Technologies dipped nearly 27% despite a “chairman’s message” from FundStrat’s Tom Lee to bolster confidence in the Ethereum treasury company. BitMine on Monday announced the new “The Chairman’s Message” monthly series, which is designed to give an insight into BitMine’s broader cr…
Joe Lubin, one of the orchestrators of SharpLink Gaming’s Ethereum treasury strategy, wants his company to stack Ether as fast as possible for shareholders — a war cry as firms clamber to lead the ETH accumulation race. “We believe that we’ll be able to accumulate more Ether — per fully diluted shar…