Ether | Crypto

Ether taps $4,000 for the first time in eight months in a further win for ETH bulls and the broader altseason, while Bitcoin dominance fades. Key points: Ether hits $4,000 for the first time since December 2024 in a key milestone for the year. ETH price optimism continues with Ether taking chunks away from Bitcoin’s crypto market cap dominance. Read more

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether. The European Banking Authority (EBA) has finalized draft rules requiring banks to hold significantly more capital against so-called “unbacked” cryptocurrencies like Bitcoin and Ether. In its final draft of regulatory technical standards released on Tuesday, the EBA said the rules aim to “address implementation aspects and will ensure harmonisation of the capital requirements on crypto-asset exposures by institutions across the EU.” The framework applies to European Union-based banks holding crypto assets on their balance sheets. Once the final draft goes to the European Commission, Brussels will have up to three months to decide whether to endorse it as is or with amendments, or send it back for redrafting. After endorsement, the bill would become a delegated regulation and be forwarded to the European Parliament and the Council, with a three-month objection ...

If ETH can break above $4,200, it will “rip like 2021” says one analyst, but options data indicates a 10% drop for SOL. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ether price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. XRP is gearing up for a massive 160% surge by the end of 2025, predicts Shubh Varma, co-founder and CEO of Hyblock Capital. Varma tells Magazine that XRP could hit $7.50 by the end of 2025 if the momentum sustains. His forecast comes after XRP reached a year-to-date high of $3.66 on July 18 but fell short of retesting its official all-time high of $3.84 from January 2018. Read more

SharpLink marches ahead with its Ether strategy, bagging $264 million of ETH, raising its total staked ETH holdings to 521,939 ETH. Digital asset investment firm SharpLink added another haul of Ether to its balance sheet, bringing its overall ETH holdings to almost $2 billion. On Tuesday, the company said it bought 83,562 Ether (ETH) worth $264.5 million at an average price of $3,634. The purchases, made between July 28 and Aug. 3, brought the company’s total ETH holdings to 521,939 ETH, worth $1.91 billion at current market prices.  The company said that all of its ETH holdings are staked, allowing it to earn from Ethereum’s native proof-of-stake consensus mechanism. According to SharpLink, its cumulative staking rewards have reached 929 ETH, worth over $3.3 million.  Read more

Ether faces weak institutional demand and lacks catalysts, keeping ETH price tied to broader altcoin trends and economic uncertainty. Key takeaways: Ether’s futures and options data signal neutral‑to‑bearish sentiment despite recent price recovery. Institutional ETF outflows and a lack of catalysts keep ETH from breaking $3,800. Read more

SharpLink spent $108.57 million in USDC over 48 hours to acquire 30,755 ETH, raising its total Ether holdings to 480,031 ETH worth $1.65 billion. SharpLink has continued its aggressive accumulation of Ether, adding another 15,822 ETH, worth approximately $53.9 million, over the past several hours, according to onchain data. The purchases were split across multiple transactions, with the largest single transfer totaling 6,914 Ether (ETH), valued at $23.56 million, according to data from Arkham Intelligence. The new haul brings SharpLink’s total ETH holdings to 480,031 ETH, worth around $1.65 billion at current prices. The buying spree has been ongoing over the past 48 hours, during which the company spent $108.57 million in USDC to acquire 30,755 ETH at an average price of $3,530. Read more

Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry. Corporate cryptocurrency treasuries are emerging as a new class of public companies bridging traditional finance and digital assets, signaling increasing institutional interest in crypto. Corporate cryptocurrency treasury firms including Strategy, Metaplanet and SharpLink have collectively amassed about $100 billion worth of digital assets, according to a Galaxy Research report released Thursday. Bitcoin (BTC) treasury firms hold the lion’s share, with over 791,662 BTC worth about $93 billion on their books, representing 3.98% of the circulating supply. Ether (ETH) treasury firms hold 1.3 million ETH tokens, worth more than $4 billion, representing 1.09% of the Ether supply, the report said. Read more

Markets responded with a 13% drop in share price after the company unveiled its $200 million Ether treasury plan. 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 each. The move aligns Fundamental Global with other corporates building ETH treasuries. According to an announcement, the company aims to offer “multiple value drivers beyond ETH price appreciation,” including staking rewards and exposure to tokenized real-world assets. Strategic investors backing the pivot include Galaxy Digital, which will manage the company's ETH treasury; Kraken, which will assist with staking and treasury operations; and Hivemind Capital. As part of the pivot, Fundamental Global is changing its name to “FG Nexus.” Read more

Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says. Ether treasury and holding companies have solved Ethereum’s narrative problem by packaging the digital asset in a way that traditional investors understand, drawing in more capital and accelerating adoption, according to Matt Hougan, chief investment officer at Bitwise. Hougan told Cointelegraph that Ethereum had struggled to define income-producing features for traditional financial investors until its native token, Ether (ETH), was packaged in an “equity-wrapper.” Hougan said: “But if you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you're generating earnings. And investors are really used to companies that generate earnings,” he said. Read more

Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow. Corporations are buying Ether at a faster pace than Bitcoin, signaling a shift in institutional interest toward the world’s second-largest cryptocurrency as it prepares to celebrate its 10th anniversary, according to a new report from Standard Chartered shared with Cointelegraph. Corporate cryptocurrency treasury firms have bought up 1% of the total Ether (ETH) supply since the beginning of June, the bank said in a Tuesday research report. Over the same period, Ether-focused treasury firms have doubled the pace of investments compared to their Bitcoin (BTC)-focused counterparts, helping ETH outperform Bitcoin’s price action, the report said. Read more

Ether is showing renewed strength as rising demand, high network activity, and bullish technicals align to support ETH’s push above $4,000. Key takeaways: Record Ethereum ETF inflows and accumulation by ETH corporate treasuries can drive demand to break $4,000. Rising network activity and Ethereum TVL metrics signal strong demand. Read more

Although Bitcoin ETPs saw losses against altcoin funds last week, the trend probably implied the anticipation of ETFs rather than a broad altcoin season, CoinShares’ head of research said. Cryptocurrency investment products ended last week in the green, marking 15 consecutive weeks of inflows, even as Bitcoin funds saw minor outflows. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows during the trading week ending Friday, according to a Monday report from European crypto asset manager CoinShares. The latest inflows came despite heightened market volatility as Bitcoin (BTC) tumbled to as low as $115,000 by the end of the week, while Ether (ETH) briefly dropped below $3,600 on Thursday, according to CoinGecko. Read more

SharpLink’s purchase of 77,210 ETH comes days after the online technology company appointed BlackRock veteran Joseph Chalom as its new co-CEO. SharpLink Gaming, the second-largest corporate holder of Ether, has acquired another 77,210 Ether, worth $295 million, as the firm shows no signs of slowing down its crypto treasury play. The single purchase is more than the network’s net issuance of Ether in the past 30 days, which stood at 72,795 ETH, according to Ultra Sound Money. The company staked most of the acquired ETH to earn staking rewards.  After the recent acquisition of ETH, the company’s total ETH holdings exceed 438,000 ETH, which is worth more than $1.69 billion, according to Lookonchain. Read more

Analysts call XRP’s dip on Thursday a healthy correction, while Galaxy Digital’s CEO says Ether could outperform Bitcoin within the next six months, and other news. The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years.  In a Thursday court decision, Justices Stewart, Cheeseman and Meagher confirmed a previous judgment that Finder Wallet and Earn complied with consumer financial laws. The federal court “confirmed the initial finding that Finder Earn was not a financial product,” Finder said in a Thursday blog post. Read more

Ether's recent surge in social media dominance signals the potential risk for a price correction, according to Santiment. Ether’s recent price rally may be due for a cooldown, as a surge in social media mentions — reaching levels of “extreme euphoria” — points to the potential for a near term correction, according to sentiment platform Santiment. However, other indicators suggest Ether’s (ETH) rally may still have room to run, which has gained more than 50% over the past 30 days. “Social metrics are flashing warning signs. Since early May, Ethereum's price ratio against Bitcoin has surged by an incredible 70%,” Santiment said in a report on Friday. Read more

SharpLink has hired a 20-year BlackRock veteran just one day after its biggest Ether-buying rival, BitMine, disclosed a massive ETH purchase. Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for shaping and executing SharpLink’s global strategy in public markets and Ethereum-based digital infrastructure, his LinkedIn page reads. Read more

Ether’s bullish outlook strengthens as Bitcoin dominance falls below 60%, its lowest since February. Key takeaways: Analysts say Ether is undervalued and should be above $8,000, as global M2 money supply hits a record $95.58 trillion. A falling Bitcoin dominance adds fuel for ETH bulls, with Bitcoin’s market share dropping 8.5% since June 27. Read more

The surging borrowing rates in the Ethereum network may send “ripple effects across the Ethereum ecosystem,” says a crypto researcher. Ether may be heading for an unstable period in the near term, as the cost of borrowing wrapped Ether has spiked and technical indicators point to overvaluation, according to a crypto analyst.  “We believe Ethereum is looking vulnerable in the near term,” 10x Research head of research Markus Thielen told Cointelegraph on Wednesday. “The market is entering a quieter summer stretch — particularly in the US during August — while technical indicators remain deeply overbought.” Read more

Ether versus Bitcoin in the US spot ETF world becomes a major talking point, with Swissblock research seeing ETH coming out winning in the long term. Key points: US spot ETF flows show Ether coming out on top against Bitcoin this week. Institutional capital is “rotating” into ETH, Swissblock says — a move that has implications beyond the short term. Read more

A pro-crypto US government, near-insatiable institutional investor demand, and the chance for ETH staking ETFs made ETH a top performer last week. Key points: Bitwise analysts said new US crypto laws favor Ether, boosting its role in tokenization and stablecoins. Institutions pile into ETH, with staking ETFs expected to add $20 billion-30 billion yearly. Read more