Etherealize Raises $40M to Market Ethereum to Finance Firms

Ethereum advocacy firm Etherealize has closed a $40 million funding round to help it pitch the blockchain to Wall Street in a week that’s already seen public firms add over $1.2 billion worth of Ether to their treasuries.  Etherealize said on Wednesday that the crypto-focused venture firms Electric Capital and Paradigm led the round, which it would use to “continue driving institutional adoption of Ethereum.” The company launched in January with funding from the Ethereum Foundation and Ethereum co-founder Vitalik Buterin to educate institutions on the blockchain and the Ether…

Solana (SOL) Faces Heavy Resistance – Can Bulls Prevent a $200 Breakdown?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

ETH Whales Stack 14% More Coins Since April Low: Santiment

Ether whales have been ramping up their ETH buying since the token dipped to yearly lows in April, according to crypto sentiment platform Santiment. “In exactly 5 months, they have added 14.0% more coins,” Santiment said in an X post on Wednesday, referring to whale holders with 1,000 to 100,000 ETH, valued between $4.41 million and $440.81 million. Ether (ETH) is trading at $4,376, and is now up 197.30% from its yearly low of $1,472 on April 9, according to CoinMarketCap. Ether is up 19.57% over the past 30 days.…

XRP Price Recovery Fails – Is It Doomed for Another Collapse?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Recovery Faces Test – Will Resistance Stop the Rally?

Ethereum price started a fresh recovery wave above the $4,350 zone. ETH is now facing hurdles near $4,500 and might struggle to continue higher. Ethereum is still struggling to recover above the $4,500 zone. The price is trading above $4,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,500 level in the near term.…

Cardano audit confirms 99.7% of voucher ADA redeemed, dismisses misconduct allegations

Key Takeaways The joint audit confirms 99.7% of voucher ADA was successfully redeemed, with no substantiated claims of wrongdoing. Unclaimed ADA was allocated to Cardano Development Holdings for ecosystem grants and initiatives. Share this article Input Output Global (IOG) has published the results of a months-long investigative report and forensic audit into Cardano’s ADA Voucher Program. The review, released on Sept. 3, found no evidence of wrongdoing and confirmed that nearly all vouchers had been successfully redeemed. Conducted by law firm McDermott, Will & Schulte and accounting firm BDO, the…

Ethereum exchange reserves fall 38% as ETFs and treasuries lock up ETH

Ether reserves on centralized exchanges have fallen to the lowest level in three years as demand grows from investment funds and corporate buyers. According to data from CryptoQuant, reserves have dropped by nearly 10.7 million ETH since peaking at around 28.8 million in September 2022. Holdings now stand at about 17.4 million ETH, with roughly 2.5 million ETH leaving exchanges in the past three months alone. The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since…

VivoPower Unveils $30M XRP Yield Program With Doppler, Plans $200M Expansion

Nasdaq-listed VivoPower International has entered the XRP finance sector with a $30 million treasury deployment through Doppler Finance, marking the first phase of a broader $200 million allocation plan. The move positions the energy solutions company as one of the first publicly listed firms to adopt an institutional framework for earning yield on XRP reserves. Institutional Adoption Gains Momentum Announcing the partnership on September 2, Doppler emphasized that the program will focus on qualified custody, segregated accounts, and real-time proof-of-reserves, aiming to standardize risk controls in XRP-based finance. The initial…

Riot, CleanSpark Post Bitcoin Output Jump in August

Bitcoin miners Riot Platforms and CleanSpark boosted their crypto production in August, according to operational updates on Wednesday. Riot Platforms mined 477 BTC in August, up from 322 BTC year-over-year. The output represents a 48% increase compared to August 2024. According to the company, it sold 450 BTC for net proceeds of $51.8 billion during the month, and now holds 19,309 BTC, a 92.7% increase in 12 months.  Meanwhile, CleanSpark mined 657 BTC in August, up from 478 BTC during the same month in 2024. The jump amounts to a…

ECB President Calls To Address Risks From Non-EU Stablecoins

Christine Lagarde, president of the European Central Bank (ECB), is calling for policymakers to address gaps in stablecoin regulation, particularly for those issued beyond the “robust” Markets in Crypto-Assets (MiCA) framework in the European Union. In prepared remarks for the ninth annual conference of the European Systemic Risk Board on Wednesday, Lagarde ​​said EU lawmakers should take steps in situations where an entity covered under MiCA and a non-EU entity jointly issue stablecoins. She added that such stablecoin issuers should not be allowed to operate in the EU unless there…