The cryptocurrency with the second-largest market cap was on its way to meeting requirements under Texas' crypto reserve law until a price drop on Friday. This year, Texas’ legislature passed a law to establish a strategic Bitcoin reserve in the state, opening the door for other cryptocurrencies in the future. According to the original sponsor of the bill, Ether could be the next reserve asset. Speaking to Cointelegraph on Thursday, Texas state Senator Charles Schwertner discussed the implementation of the Bitcoin (BTC) reserve bill signed into law by Governor Greg Abbott in June. Though the text of the bill allows Texas to hold other cryptocurrencies in a “special fund outside the state treasury,” Bitcoin was the only one to meet the requirements at the time of passage. “I’m really interested to see the speed at which they establish the reserve and how it acts from a returns standpoint,” said Schwertner. ”If Ethereum maintains its market cap over 24 months, I think it’s reasonable and prudent to give directi...
Ether’s short-term correction may set the stage for a larger upside move as ETH’s liquidity metrics turn increasingly favorable. Key takeaways: Ethereum failed to break $4,800, with a bearish divergence leading to a 3% correction. Spot selling pressure rose, but leveraged traders remain active. Read more
How a US SOL ETF could shift access, flows and usage — plus the key metrics to watch to see whether Solana outperforms Ether. ETH ETFs have opened access, but flows remain cyclical. SOL’s plumbing is set: CME futures are live, with options slated for Oct. 13 (pending approval). The SEC’s generic standards now allow faster spot-commodity ETP listings beyond BTC and ETH. Read more
South Korean retail investors are becoming a significant driver of Ether’s growing value, alongside global institutional investors and corporate treasuries, Mow said. South Korean retail investor capital is fueling Ether’s price momentum and the rise of corporate Ether treasury firms, according to industry insiders, as the world’s second-largest cryptocurrency trades just 7% below its all-time high. The “only thing” keeping the Ether (ETH) price and Ether treasury companies at their current levels is about $6 billion worth of Korean retail capital, according to Samson Mow, CEO of Bitcoin technology company Jan3. “ETH influencers have been flying to South Korea just to market to retail. These investors have zero idea about the ETHBTC chart and think they’re buying the next Strategy play,” said Mow in a Monday X post, warning that this “won’t end well.” Read more
Ether’s chances of breaking above $5,000 depend on institutional accumulation, but rising competition and muted derivatives metrics keep investor sentiment restrained. Key takeaways: Ethereum’s $100 billion TVL leadership contrasts with falling activity, as competitors gain traction through lower fees. Institutional accumulation via spot ETFs and corporate reserves may trigger an Ether supply shock above $5,000. Read more
Walmart-backed banking app OnePay reportedly plans to add Bitcoin and Ether trading and custody later this year as part of its push to become a WeChat-style US superapp. OnePay, a banking app majority-owned by Walmart, will soon roll out crypto support, according to CNBC. According to a Friday CNBC report citing anonymous sources, OnePay will soon offer cryptocurrency trading and custody to its users. The app is expected to support Bitcoin (BTC) and Ether (ETH) later this year. OnePay has positioned itself as a US version of a “superapp,” modeled after China’s WeChat. The platform already offers banking services including high-yield savings accounts, credit and debit cards, loans and wireless plans. Read more
Learn how option expiries in Bitcoin and Ether derivatives markets can cause price swings that catch inexperienced traders off guard. Options expiry creates volatility as traders lock profits, cut losses and reposition around large BTC and ETH contracts. Put-call ratios signal sentiment: Above 1 shows a bearish outlook, while below 1 points to bullish expectations. Max Pain theory suggests expiry prices gravitate to where the most contracts expire worthless, amplifying potential manipulation risks.Understanding expiry helps traders track key metrics, anticipate volatility and manage risk more effectively during these periods. Read more
Everyday shopping, travel and luxury purchases are going digital. Here’s where BTC, ETH and XRP are accepted in 2025. Coffee shops, fast-food chains like Starbucks and Sheetz and retailers like Microsoft and Home Depot are accepting crypto payments via apps and third-party processors. More and more platforms are gradually enabling the use of Bitcoin, Ether and XRP for large-scale travel and airline reservations. Luxury brands, high-end car dealerships and real estate developers are integrating crypto payments for premium goods and property. Read more
Wall Street adoption may catalyze the first “supercycle” extending Ether’s price appreciation beyond the traditional four-year cycle, according to the largest corporate ETH holder. This week in DeFi, a debate emerged about whether growing adoption among Wall Street participants may lead to the crypto market’s first extended “supercycle,” resulting in digital asset valuations rising beyond the historic four-year cycle’s time frame. As the leading smart contract blockchain, Ethereum’s native Ether (ETH) token could be set to benefit from “Wall Street running into the blockchain,” according to BitMine, the largest corporate holder of ETH. Despite the optimistic prediction, Ether’s price fell 13% over the past week, dropping below the $4,000 level for the first time since Aug. 8, Cointelegraph data shows. Read more
E*Trade will let clients trade Bitcoin, Ether and Solana in 2026, marking Morgan Stanley’s entry into crypto with Zerohash support. Morgan Stanley’s E*Trade will launch cryptocurrency trading in 2026 through a partnership with digital asset infrastructure provider Zerohash — underscoring Wall Street’s deepening push into digital assets amid a wave of supportive legislation from the Trump administration. E*Trade clients will be able to buy Bitcoin (BTC), Ether (ETH) and Solana (SOL) in the first half of 2026, a Morgan Stanley spokesperson told Reuters. The announcement confirms a May 1 Bloomberg report that the brokerage planned to add crypto trading next year. At the time, Cointelegraph reported that the initiative was still in early stages as E*Trade sought partnerships with infrastructure providers. Read more
Grayscale shifts 40,000 ETH as it eyes staking, potentially making it the first US Ethereum ETF sponsor to test SEC clarity on staking rules. Cryptocurrency asset manager Grayscale is preparing to stake part of its massive Ether holdings, a move that could signal confidence that US regulators will soon permit staking within exchange-traded products. Onchain data from Arkham Intelligence showed Grayscale transferred more than 40,000 Ether (ETH) on Thursday, activity consistent with positioning for staking rewards. Arkham noted that if confirmed, Grayscale would be the first US Ethereum ETF sponsor to stake its holdings. Grayscale’s Ethereum Trust (ETHE) manages more than 1.06 million ETH, valued at over $4.8 billion. The firm launched ETHE in 2017 as a private placement vehicle, and in 2024 rolled out the lower-cost Ethereum Mini Trust (ETH) through a partial spin-off of ETHE’s assets. Read more
A wallet tied to the $300 million Coinbase hack bought 3,976 Ether for $18.9 million, doubling down on ETH amid its recent push above the $4,700 level. A crypto wallet linked to an infamous Coinbase hacker has bought another 3,976 Ether, worth over $18.9 million, at $4,756 per token, according to onchain data. The purchase was made on Saturday, using 18.911 million DAI (DAI), according to data from Arkham Intelligence. The hacker consolidated various DAI amounts, ranging from $80,000 to $6 million, before executing multiple ETH buys. The Coinbase hacker wallet has been under surveillance by blockchain analysts since earlier this year. It’s reportedly tied to a $300 million+ social engineering scam that targeted Coinbase users. Read more
Ether ETF inflows serve as powerful market signals, revealing institutional sentiment and driving both short-term price volatility and long-term adoption. Ether’s real-world utility and the rise of spot exchange-traded funds (ETFs) have driven $3.87 billion in inflows in August 2025, while Bitcoin ETFs saw $751 million in outflows. Ether (ETH) has always been more than just another cryptocurrency. As the backbone of decentralized finance, non-fungible tokens (NFTs) and smart contracts, it offers real-world utility beyond what Bitcoin (BTC) provides. In 2025, Ether is taking another major step into mainstream finance. Read more
ETH price and spot ETF flows have perked up, but a rally to $5,000 depends on how investors feel about the US and global economy. Key takeaways: Ether struggles to gain bullish momentum despite S&P 500 gains and spot Ethereum ETF inflows. Institutional accumulation continues, but network activity declines, leaving $5,000 ETH target uncertain. Read more
Ether price is pinned below $5,000, but heavy accumulation and record institutional flows set the stage for a potential $6,800 target in Q4. Key takeaways: Roughly 1.7 million ETH ($7.5 billion) were accumulated in the $4,300 to $4,400 range, creating strong support. Institutional demand surges as CME open interest hits all-time highs with short-term maturities dominating. Read more
Which treasury strategy is gaining ground in 2025: Bitcoin as digital gold or Ether as a yield engine? In recent years, companies and countries have increasingly included cryptocurrencies in their treasury strategies. Traditionally, corporate treasuries relied on cash, gold or government bonds to maintain value, ensure liquidity and provide financial stability. Governments had gold reserves to back their currencies. However, cash loses purchasing power. Bonds carry rate and duration risk. Foreign exchange shocks hit balance sheets without warning. Ideally, you want a reserve that holds value, moves fast across borders and plugs into digital rails. That is why Bitcoin (BTC), Ether (ETH) and, in some cases, stablecoins now sit beside cash, gold and T-bills. Read more
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks. Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). According to a Tuesday announcement, Ripple’s agreement to provide crypto custody services to BBVA follows the bank’s recent announcement of its Bitcoin (BTC) and Ether (ETH) retail trading and custody service. BBVA will rely on Ripple’s institutional custody service to power services to its customers. BBVA’s head of digital assets, Francisco Maroto, said that Ripple’s custody service allows it to meet the necessary standards to “directly provide an end-to-end custody service.” Read more
Despite signs of cooling demand, crypto inflows in 2025 are outpacing last year’s, indicating that “sentiment is intact,” according to CoinShares. Publicly traded crypto investment products saw a decline in flows in early September, with weekly trading volumes sliding by 27%, according to CoinShares data. Lower trading volume pushed crypto funds to post $352 million in outflows over the past week, despite a positive outlook for riskier assets following a weak US jobs report and a potential cut interest rates in the US. According to CoinShares analysis, the slower activity was pushed by Ether (ETH) products and suggests mainstream investors’ falling demand for cryptocurrencies. “Trading volumes fell 27% week on week, this in combination with minor outflows suggests the appetite for digital asset has cooled a little.” Read more
A trader grew $125,000 into $43 million on Ethereum with leverage on Hyperliquid, then cashed out $6.86 million. Here’s what traders can learn. A crypto trader managed to turn a $125,000 deposit into one of the largest Ether positions ever seen on Hyperliquid. Over four months, they compounded every gain into a single Ether (ETH) long, eventually controlling more than $303 million in exposure. At its peak, his equity hit $43 million. When the market began to reverse, they closed the trade entirely, walking away with $6.86 million in realized profit (a 55x return on the initial stake). Read more