Tag: eth

Bitmine adds 61K ETH as prices hit $2K, Tom Lee says mini crypto winter may be ending

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Bitmine Immersion Technologies expanded its Ethereum treasury by purchasing roughly 61,000 ETH, bringing its total holdings to 4,534,563 ETH as prices climbed back above the $2,000 level. The move came as the broader crypto market rallied. Bitcoin surged toward $69,000 while Ethereum reclaimed $2,000, reflecting renewed investor interest in digital assets amid escalating geopolitical tensions surrounding Iran and volatility across traditional markets. As of March 8, 2026, Bitmine reported total crypto, cash, and strategic investments of about $10.3 billion. The company holds 4.53 million ETH valued around $1,965 per token,…

Ethereum co-founder Jeffrey Wilcke sends $157M in ETH to Kraken after months of wallet silence

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A wallet linked to Ethereum co-founder Jeffrey Wilcke transferred 79,358 ETH valued at around $157 million to the Kraken exchange on Saturday, as first reported by on-chain analyst @ai_9684xtpa. The move came eight months after Wilcke reportedly moved $41 million worth of ETH, with data tracked by Lookonchain showing that he held 95,897 ETH at the time. Wilcke joined the Ethereum team in late 2013 and earned a reputation for creating Geth, the most widely used client for running Ethereum nodes. The software developer helped maintain the network’s core infrastructure…

ETH Rally Toward $2.5K Held Back By Macro, War, DApp Use

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Key takeaways: ETH derivatives signal a shift to safety as professional desks hedge against downside risks and global instability. Institutional preference for decentralization keeps Ethereum dominant despite its recent drop in network activity. Ether (ETH) price dropped by 6% following a brief rally to $2,200 on Wednesday, tracking a downturn in US equities as the war in Iran entered its sixth day. Disruptions to global oil production and Middle East natural gas shipping pushed WTI crude prices to levels not seen since July 2024. Investors lowered their economic growth outlook…

Top Canadian Bank Launches Multi-Crypto ETF with BTC, ETH, SOL, XRP

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The bank’s asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether, Solana and XRP at a competitive 0.25% fee. Scotiabank, one of Canada’s top-five banks by assets, has launched a new cryptocurrency exchange-traded fund in partnership with digital asset manager 3iQ, highlighting growing institutional adoption in a market that approved spot Bitcoin ETFs years before the United States. Dynamic Funds, Scotiabank’s asset management arm, unveiled the Dynamic Active Multi-Crypto ETF on Wednesday. The liquid alternative fund will trade on Cboe Canada…

BitMine expands Ether holdings with $98M purchase as ETH surges past $2K

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BitMine Immersion Technologies expanded its Ether position as the broader crypto market rallied Monday morning, with Bitcoin reclaiming $69,000 and Ether surging back above $2,000. The company disclosed it purchased nearly 51,000 additional ETH last week in a $98 million acquisition, lifting total holdings to 4,473,587 ETH. At an average reference price of $1,976 per token, BitMine’s Ether stack is valued at roughly $8.8 billion. The firm said its position now represents about 3.7% of Ether’s circulating supply, advancing its long-stated objective of controlling 5% of the network’s tokens. The…

Why TradFi Keeps Betting On An ETH Surge

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Key takeaways: Institutional adoption of the Ethereum network accelerates despite Ether disappointing price action. Ethereum and its layer-2s hold 65% of TVL market share. Vitalik Buterin is shifting focus toward base layer scalability and ZK-EVM to ensure long-term onchain efficiency and security. Ether (ETH) has declined 36% in 2026, sparking frustration as the $3,000 level feels increasingly out of reach. Despite a retreat toward $1,900, Ethereum fundamentals appear resilient. Development continues at a rapid pace, specifically targeting base layer scalability, privacy, and quantum resistance.  Critics claiming Ether is poorly positioned…

Why Institutions Still Prefer Eth Despite Faster Blockchains

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Ethereum continues to host the largest concentration of stablecoins and decentralized finance (DeFi) capital, even as successive waves of faster networks emerge. Newer blockchains have promised higher throughput and lower costs, raising questions about whether institutional capital could eventually migrate away from Ethereum. Kevin Lepsoe, founder of ETHGas and a former Morgan Stanley derivatives executive in Asia, said he expects Ethereum’s lead to endure, as institutions tend to prioritize capital depth over flashy performance. “[Transactions per second] is the metric that gets engineers excited, but is that what drives capital…

Wallet in Telegram rolls out BTC, ETH and USDT yield Vaults inside TON Wallet

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Messenger integrated wallet adds Morpho powered onchain strategies for BTC, ETH and USDT with up to 18% APY. Wallet in Telegram, the digital asset platform embedded within the messaging app, today launched yield-generating vaults for Bitcoin, Ethereum and USDT inside TON Wallet, allowing users to earn returns on holdings without leaving the chat interface. The new vaults let holders deploy assets into variable-rate strategies while maintaining self-custody. Morpho, a decentralized lending protocol, powers the infrastructure through TAC, an EVM-compatible execution layer within The Open Network. Re7 provides strategy curation and…

Ethereum Data Backs the ETH Price Recovery

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Ethereum (ETH) price is up 18% since plunging below the $1,800 mark on Feb. 6, reclaiming the $2,000 support level. Surging price volatility and a low MVRV Z-score value are also signaling a local bottom forming. Key takeaways: Ethereum realized volatility on Binance has risen to its highest level since March 2025, hinting at a potential recovery. Ether’s MVRV Z-Score has dropped into the accumulation zone, suggesting that ETH has bottomed.  Ether’s multiyear trend line around $1,800-$1,900 holds as support.  Ethereum’s volatility hits 12-month highs Ethereum’s volatility has seen a…

Vitalik Buterin exceeds target after selling over 17,000 ETH

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Ethereum co-founder Vitalik Buterin has continued to sell Ethereum, bringing his total recent sales to 17,196 ETH, worth approximately $35 million, according to on-chain data. The amount now exceeds his original plan to sell 16,384 ETH. In January, Buterin disclosed plans to liquidate a portion of his holdings to support long-term ecosystem initiatives. Proceeds from the sales are earmarked for privacy-focused projects and open-source development efforts. He stated that the strategy was meant to reinforce the network’s infrastructure during a period of elevated volatility. The sales were executed through both…