The U.S. Department of Commerce has boldly stated that the United States is “cementing our role as the blockchain capital of the world,” signaling strong federal support for the country’s growing digital asset and decentralized technology industries. The statement comes amid a surge in U.S.-based crypto innovation, record-breaking Bitcoin ETF volumes, and a wave of…
SharpLink has announced the acquisition of 56,533 Ethereum (ETH), valued at approximately $252 million, marking one of the company’s largest cryptocurrency purchases to date. This significant investment reflects growing institutional confidence in Ethereum as the blockchain continues to lead in DeFi, smart contracts, and tokenization initiatives. Key Takeaways: 56,533 ETH purchased for $252M Signals institutional…
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins is scheduled to speak today at the Wyoming Blockchain Symposium, where he will present details on the agency’s new initiative dubbed “Project Crypto.” The project is expected to focus on the integration of blockchain technology within regulatory frameworks, aiming to provide clearer guidance for digital assets,…
Spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have recorded their biggest week ever, with a combined $40 billion in trading volume, according to Bloomberg. This record-setting activity underscores the surging demand for regulated crypto investment vehicles, as institutional and retail investors alike pour capital into the two largest digital assets. Why It Matters…
According to a Bloomberg analysis, **spot Bitcoin and Ethereum ETFs have collectively recorded a staggering $40 billion in trading volume this week — the highest weekly figure ever recorded for the asset class. Ethereum ETFs alone contributed approximately $17 billion, far eclipsing prior records.BitgetODaily Bloomberg ETF analyst Eric Balchunas described the surge as like “a…
Standard Chartered Bank has sharply increased its 2025 year-end price forecast for Ethereum ($ETH) to $7,500, citing growing institutional adoption, expanding DeFi markets, and the network’s crucial role in powering tokenized assets. Key Highlights Previous Target: $5,000 New Target: $7,500 (+50% increase) Current Price: $4,000+ Upside Potential: Over 85% from current levels Reasons Behind the…
Ethereum’s rally just turned explosive, with a staggering $135 million in short positions wiped out in the last 60 minutes, as traders scramble to cover their bets against the world’s second-largest cryptocurrency. Market Overview Asset: Ethereum ($ETH) Liquidations: $135M shorts (1 hour) Trend: Accelerated bullish breakout following Bitcoin’s surge beyond $120K. What’s Driving the Move?…
Ethereum ($ETH) is on a powerful upswing, triggering a massive $40 million short liquidation in the past hour alone, as bullish traders push the second-largest cryptocurrency higher. Market Snapshot: Asset: Ethereum ($ETH) Liquidations: $40M in shorts (last 60 mins) Price Action: Strong upward momentum following BTC’s surge past $120K. Why It Matters: Short Squeeze Surge…
Ethereum has officially flipped MasterCard in global asset rankings, securing the 22nd spot by market capitalization — a milestone that highlights the growing dominance of blockchain technology over traditional financial giants. Key Highlights: Market Cap Shift: $ETH’s market capitalization now exceeds MasterCard’s, showcasing the accelerating adoption of decentralized finance (DeFi) and blockchain applications. Current Position:…
Ethereum has reclaimed the $4,000 mark, signaling renewed bullish momentum in the crypto market as investors anticipate a strong second half of 2025. Key Highlights: Price Surge: $ETH crossed $4,000 for the first time in weeks, fueled by increased institutional inflows and optimism in decentralized finance (DeFi) growth. On-Chain Activity: Network usage has spiked, with…
