The Ethereum Foundation has staked an additional 20,470 ETH, worth about $42 million, as part of its ongoing strategy to generate yield from its treasury assets. This move builds on a plan announced in February to stake 70,000 ETH, using the staking rewards to support operations, research, ecosystem development, and grants. The newly staked ETH is expected to earn a 2.7% yield, down from 3.4% earlier this year, while the foundation still holds roughly 147,400 ETH valued at $303 million in its treasury. This strategy aims to turn long-held reserves into a steady income stream despite declining yields and ether trading near $2,045.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
