Ethereum adoption has been booming, and the developers working behind the scenes on the network are brewing up another major upgrade. From scalability to censorship resistance to improving the overall experience, this will be the second in this year’s timeline for improvements to the decentralized blockchain. Another Milestone For The Network The core development team behind […]
According to Coinbase Product Director Conor Grogan, as of January 31, 2025, at least 913,111 ETH has been lost due to mistakes made by holders. The lost tokens are worth approximately $3.43 billion, representing 0.76% of the circulating supply. Actual Losses Likely Much Higher Grogan shared his analysis on July 21 via a post on X, […]
The Trump family’s flagship crypto business, World Liberty Financial (WLF), has ramped up its Ethereum (ETH) accumulation, spending $3 million in USDC on July 18 to acquire an additional 861 ETH. According to Lookonchain, this latest buy brings WLF’s total ETH holdings to 70,143, worth an estimated $251 million, with over $23 million in unrealized […]
BlackRock’s iShares Ethereum Trust (ETHA) saw a record inflow on Wednesday with $489 million entering the fund. The 148,585 ETH that BlackRock bought is the highest daily inflow since the fund was launched in July 2024. It also saw record daily trading volumes of $1.8 billion as institutional hunger for the asset surges. The BlackRock […]
Digital asset investment vehicles drew in $3.7 billion last week, and represented the second-highest weekly inflow on record. July 10th registered the third-largest single-day inflow ever. This marks the 13th week in a row of inflows, raising the cumulative total to $21.8 billion, with year-to-date inflows hitting $22.7 billion. Assets under management surpassed the $200 […]
GameSquare has unveiled plans for a $100 million Ethereum treasury targeting a 14% yield through a decentralized finance (DeFi) strategy. Following the news, its shares surged by nearly 60%. GameSquare’s Offering In a July 8 press release, the company announced it has priced an underwritten public offering of 8,421,054 shares of its common stock at […]
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning. The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000 […]
“Stablecoins are spreading the dollar faster than any financial tech in history,” said Electric Capital General Partner Maria Shen on Tuesday. “Ethereum is becoming the financial backbone,” she added, referencing a newly published research report on stablecoin demand for Ethereum’s tenth birthday. For the first time, anyone across the globe can hold US dollars via […]
Last week, digital asset investment products saw $1.04 billion in inflows. The figure marks twelve straight weeks of positive momentum, logging total inflows at $18 billion. Price increases during the week lifted total assets under management to a record $188 billion. Meanwhile, trading volumes hit $16.3 billion, which aligned with the average weekly volume observed […]
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, […]