Tag: Ethereum

Ethereum Price Pushes Higher as Bulls Fuel Market Optimism

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Ethereum price started a recovery wave above the $2,050 zone. ETH is now showing positive signs and might aim for more gains above $2,150. Ethereum started a recovery wave above the $2,050 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break above a declining channel with resistance at $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Clears Resistance Ethereum price extended its recovery…

BlackRock launches staked Ethereum ETF, expanding crypto product lineup

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BlackRock launched the iShares Staked Ethereum Trust ETF, a new crypto investment product that combines spot ether exposure with staking rewards. The fund, trading under the ticker ETHB, marks the asset manager’s third crypto ETF and its first to incorporate staking. ETHB will hold spot ether and stake a portion of its holdings on the Ethereum network, allowing investors to earn staking rewards alongside price exposure. The launch expands BlackRock’s growing digital asset lineup, which already includes the iShares Bitcoin Trust IBIT and the iShares Ethereum Trust ETHA. Since their…

OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus

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OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part of an organizational restructuring aimed at narrowing its strategic priorities and streamlining decision-making processes. “This is not about finances,” OP Labs CEO Jing Wang said in a note. “OP Labs is well capitalized with years of runway. This is about doing fewer things well, making decisions faster, and reducing coordination overhead.” The company said that it plans to support departing employees with severance, healthcare continuation, and help them find new…

Ethereum Price Struggles Near Highs — Reversal Risk Rising

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Ethereum price started a recovery wave above the $2,020 zone. ETH is now struggling to clear $2,080 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,020 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a declining channel forming with support at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Faces Key Resistance Ethereum price…

Ethereum Price Rejected Again, Market Watches Key Support Closely

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Ethereum price started a recovery wave above the $2,000 zone. ETH is now struggling to clear $2,090 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is an expanding triangle forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,090 zone. Ethereum Price Trims Some Gains Ethereum price…

Ethereum ‘Ultrasound Money’ Pivot Did Not Help ETH Price Beat Bitcoin

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Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis. Key takeaways: ETH/BTC three-day performance chart. Source: TradingView Ether’s ultrasound money narrative disappoints The idea behind “ultrasound money” was that Ether would become even scarcer than Bitcoin. Supporters argued that Ethereum’s 2021 EIP-1559 upgrade, which began burning a portion of transaction fees, combined with the sharp decline in new ETH issuance following the 2022 Merge, would make Ether deflationary over time. ETH’s new annual supply rate…

Ethereum Price Climbs Past $2,000, $2,200 Now in Bullish Crosshairs

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Ethereum price started a recovery wave from the $1,920 zone. ETH is now back above $2,000 and might aim for more gains in the near term. Ethereum started a recovery wave above the $2,000 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,050 zone. Ethereum Price Aims Higher Ethereum…

Sharplink posts $734M loss as Ethereum treasury grows to nearly 870K ETH

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Sharplink reported a $734.6 million net loss for 2025 as market volatility weighed on the value of its Ethereum holdings. The company said the loss was primarily driven by $616.2 million in unrealized losses linked to ETH price declines during the second half of 2025, along with a $140.2 million impairment related to LsETH holdings. Those were partially offset by $55.2 million in realized gains from ETH conversions and redemptions. Sharplink ended the year with $28.5 million in cash and $1.9 million in USDC, while total revenue rose to $28.1…

Ethereum Price Extends Pullback, $1,920 Support Now Under Threat

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Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a…

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…