Ether | Crypto

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

Ether price pulled back after a relentless run, but lower levels are likely to attract buyers. Key point: Ether shows signs of being overbought, but a shallow pullback suggests the bulls are not hurrying to the exit. SharpLink Gaming and BitMine Immersion Technologies have been on an Ether (ETH) buying spree to take the mantle of the largest public ETH holder. BitMine claimed the top spot after it reported holding 300,657 ETH on Thursday, but Sharplink overtook it after the latest round of purchases last week, which boosted its holding to 360,807 ETH. Read more

SharpLink bought 79,949 ETH — its largest such purchase — to reclaim its status as the world’s largest public ETH holder. Sports betting platform SharpLink Gaming kept accumulating Ether (ETH) after briefly slipping to the second-largest public ETH holder behind BitMine Immersion Technologies. SharpLink acquired a record-breaking amount of Ether for the company in the past week ending Sunday, reporting a purchase of 79,949 ETH on Tuesday. The acquisition was completed at an average ETH purchase price of $3,238, totaling about $258.9 million. Read more

Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase. Ether lost forever due to user errors and bugs has climbed to 913,111 ETH — around 0.76% of the current circulating supply, according to Coinbase’s head of product, Conor Grogan. Grogan shared the estimate on X on Sunday, noting that the lost Ether (ETH) due to human error and bugs now accounts for more than $3.43 billion at current market prices. When including 5.3 million ETH destroyed via Ethereum Improvement Proposal 1559 (EIP-1559) since 2021, the share of ETH lost is even higher. Read more

Ether is punishing shorts already, but another 10% ETH price upside will liquidate $1 billion, helping cement $4,000 in the process. Key points: Ether is currently forging a short squeeze that stands out in crypto history, says analysis. A 10% price increase would see another $1 billion in liquidated shorts. Read more

Charles Schwab plans to offer spot trading for Bitcoin and Ethereum, aiming to attract clients who want to consolidate crypto holdings with their traditional assets. Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion. “We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,” he said. “We think that will be an acceleration of our growth.” Read more

Ether reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally. Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Read more

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming at a steep discount just before Ether briefly surpassed $3,000. The Ethereum Foundation sold 10,000 Ether through an over-the-counter deal just before the cryptocurrency briefly regained the $3,000 mark. In a Friday X post, the Ethereum Foundation said it had finalized the terms of a 10,000 Ether (ETH) sale at an average price $2,572.37 via an over-the-counter transaction. At the time of writing, Ether traded nearly 16% higher, hovering just below $3,000. “Our OTC counterparty was Sharplink Gaming,” the foundation said. Read more

Ether price rallied to $3,000, but the key components needed to hold the level are still missing. Key takeaways: ETH futures and options markets show hesitation despite spot ETF inflows and rising TVL figures. Layer-2 growth and lower fees haven’t translated to increased demand for ETH or sustained price momentum. Read more

Ether price chases $3,000 as trading sentiment turns bullish amid multiple corporate ETH treasury announcements. Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and multiple corporate Ether treasury announcements as a primary factor in the recent bullish momentum. Read more

Ethereum co-founder Joseph Lubin said that corporate ETH treasuries are vital for driving ecosystem growth. Ethereum co-founder Joseph Lubin said ETH treasuries are crucial for the development of the Ethereum ecosystem. During an interview with CNBC on Tuesday, Lubin said that a large amount of Ether (ETH) is in circulation, but there is insufficient activity to utilize it. He cited this as the reason he is involved in building the Ethereum treasury company SharpLink Gaming, where he serves as chairman. Lubin said Ether treasuries are “a great business to run.” He also said that “it’s going to be critical to enable the supply-demand dynamics of Ether to right-size as we build more and more applications.” Read more

Growth in companies adding to their ETH treasuries and the acceleration of Ethereum adoption in TradFi could send Ether price to $2,800. Key point: Ether price is showing strength as increasing demand from companies buying and building ETH treasuries accelerates. BitMine Immersion Technologies and Bit Digital recently announced plans to make Ether (ETH) a part of their treasury strategy. Additionally, sports betting company SharpLink Gaming boosted its Ether holdings to 188,000 Ether after the latest purchase of 12,207 Ether in the week ending June 20. Read more

ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly. Key point: Ether price has been range-bound under $2,500, but ETF flows could change the trend. Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data shows 106,000 Ether flowing into spot Ether exchange-traded funds last week, the seventh successive week of positive flows. Read more

Belgium’s KBC Bank plans to let retail customers invest in Bitcoin and Ether via its Bolero platform, pending regulatory approval later this year. Update (July 2 at 11:03 pm UTC): This article has been updated to include comments from KBC Bank. KBC Bank, one of Belgium’s largest financial institutions, is preparing to allow its customers to invest in cryptocurrencies through its Bolero subsidiary. Bolero, an online investment platform operated by KBC, will roll out access to Bitcoin (BTC) and Ether (ETH) investments on its platform later this year, KBC confirmed to Cointelegraph. Read more

Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture. Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Read more

Ether gains bullish momentum as technical indicators, rising ETF inflows and a potential capital rotation from Bitcoin signal a possible breakout above $2,500. Key takeaways: Ether bulls target liquidity pockets near $2,500, supported by strong technicals including a dragonfly doji and a rebound from key support zones. With over 90% of BTC supply in profit and ETH lagging, Swissblock data suggests a “catch-up” period could be underway, echoing patterns from previous bull cycles. Read more

Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles. Key takeaways: ETH holds $2,400 in support despite a 15% price drop and $277 million in liquidations. Layer-2 network growth and spot ETH ETF inflows sustain investors’ confidence in Ether. Read more