Bit Digital (BTBT) announced yesterday that it sold its Bitcoin (BTC) holdings and moved the entire treasury to Ethereum (ETH). The company also used funds raised from a public offering to buy Ethereu...
Category: Ethereum
Live Ethereum News Updates.
Bit Digital’s Shift to Ethereum Treasury Strategy Signals Potential Trend Among Nasdaq-Listed Firms
Nasdaq-listed Bit Digital has made a landmark shift by replacing Bitcoin with Ethereum as its primary treasury asset, signaling a strategic realignment in corporate crypto holdings. The company sold i...
Ethereum Whale’s 50,000 ETH Short Position Yields $9.56M Floating Profit with 100% Win Rate
As of July 8, HyperInsight data reveals a prominent whale trader maintaining a short position of 50,000 ETH, currently yielding a floating profit of approximately $9.56 million. This trader, known for...
Another Public Company Treasury Pivots to Ethereum With $172M Raise
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 lat...
Bit Digital Becomes Second-Largest Corporate ETH Holder
Digital asset company Bit Digital has pivoted its corporate treasury strategy from Bitcoin to Ether, saying the shift reflects its conviction that Ethereum will “rewrite the entire financial system.” ...
Ethereum Spot ETFs See $62 Million Net Inflow as All Nine Funds Report Gains
Ethereum spot ETFs experienced a significant net inflow of $62.11 million in the last 24 hours, reflecting robust investor confidence in the digital asset. Notably, all nine tracked ETFs reported posi...
Ethereum Replaces Bitcoin in Nasdaq-Listed Bit Digital’s Treasury Strategy
BitcoinEthereum Nasdaq-listed Bit Digital has ditched Bitcoin entirely to embrace Ethereum as its new core treasury asset. The company has not only sold off its remaining BTC reserves but has also mad...
Why Ethereum Price Could Still Rally to $5,000 in 2025
Key takeaways: Ethereum ETF inflows reflect persistent demand from institutions. ETH supply on exchanges hits eight-year low alongside rising whale accumulation. MVRV price bands and V-shaped chart pa...
Ancient OG Ethereum Address Awakens: Withdraws 610.97 ETH Worth $1.55 Million from Binance After 3 Years
An Ethereum (ETH) address with a three-year dormancy period recently executed a significant transaction, withdrawing 610.97 ETH from Binance. This movement, valued at approximately $1.55 million, mark...
Ethereum Nears $2,700 as Daily Transactions Approach 2021 Highs Amid Range-Bound Price Action
Ethereum’s network activity surges to 1.45 million daily transactions, matching 2021 highs and underscoring robust demand amid a critical price range. Price action remains confined between $2,450 and ...
Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?
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 proficienc...
Digital Asset Investment Products Register $1.04 Billion Weekly Flows, BTC Leads With $790M, ETH Records $226M
Digital asset investment products experienced massive capital inflows of $1.04 billion over the past week, according to the new data reported today by market analyst CoinShare. As per the data, this i...
Inactive Ethereum Genesis Wallets May Be Moving Significant Ether Amid Market Developments
Recent on-chain data reveals that several long-dormant Ethereum Genesis wallets have begun moving significant amounts of Ether (ETH), signaling a potentially pivotal moment for the crypto market. This...
Ancient ETH Wallet Suddenly Awakens
A dormant Ethereum address that had not made any transactions in nearly a decade (9.9 years) was just activated, according to data provided by blockchain sleuth Whale Alert. The address held 900 ETH,...
Nasdaq-Listed Bit Digital Converts Entire Bitcoin Holdings To Ethereum Treasury
Nasdaq-listed Bit Digital is the latest company to adopt the Ethereum standard, offloading all its Bitcoin holdings for the largest altcoin. The move has sent Bit Digital’s stock rallying by nearly 20...
Dormant Ethereum Wallets Move 1,140 ETH After Nearly a Decade Amid Recent Network Upgrades
Two Ethereum wallets dormant since the blockchain’s 2015 launch have moved 1,140 ETH, highlighting the asset’s remarkable growth and renewed market activity. This movement coincides with Ethereum’s re...
Truth Social Submits Bitcoin, Ethereum ETF Application to SEC
Key Points: Truth Social applies for Bitcoin and Ethereum ETF with SEC. ETF holds 75% BTC and 25% ETH. Could alter US asset allocation once approved. Truth Social, operated by Trump Media & Techno...
Dormant Ethereum Wallets Move Nearly $2.9 Million in ETH After Nearly a Decade of Inactivity
Two Ethereum wallets dormant since the blockchain’s 2015 launch have recently moved over 1,100 ETH, highlighting significant long-term value appreciation. These wallets, created during Ethereum’s Fron...
Ethereum Holder Moves $2.2 Million in Coins Acquired When ETH Was Under 50 Cents
An Ethereum investor has started moving 900 ETH coins valued at $2.2 million, untouched for nearly a decade since their acquisition in 2015 when ETH was priced under 50 cents. This movement highlights...
Can Ethereum Price Hit $4k Amid This Strong Support & Whale Accumulation?
Key Insights: A whale withdrew $17.5M in ETH from Binance over 3 weeks, signaling strong accumulation behavior. Ethereum price followed a Wyckoff pattern with a $2.9K top and $2.1K spring, now targeti...
US Government’s Small Ethereum Transfer to Coinbase Raises Possible Future Liquidation Questions
The US government recently transferred $219,000 worth of Ethereum to Coinbase, sparking speculation about potential future liquidations and signaling a shift in crypto asset management. This transfer ...
Truth Social Submits Application for Bitcoin and Ethereum ETF to SEC
Key Points: Trump Media files ETF application for Bitcoin and Ethereum. 3:1 BTC to ETH allocation proposed for the ETF. Potential increase in institutional interest in cryptocurrencies. Trump Media &a...
Ethereum OG Moves $2.2 Million in ‘Genesis Coins’ After 10 Years HODLing
In brief An Ethereum address holding 900 ETH has moved the coins after nearly 10 years of “HODLing,” blockchain data shows. The address received the coins before Ethereum mining started—so...
Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin
Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin – The Daily Hodl ...
Bit Digital Joins ETH Treasury Trend With Full $172M Shift
Bit Digital has fully shifted its treasury strategy to Ethereum, using $172 million from a recent public offering to buy ETH. The company sold its remaining Bitcoin (280 BTC) to further boost its Ethe...
Grayscale ETH Deposit Unveils Crucial Institutional Crypto Movements
The cryptocurrency world is constantly buzzing with activity, and a recent development involving a significant Grayscale ETH Deposit has once again captured the market’s attention. Just recently, a wa...
BBVA Launches Bitcoin, Ethereum Services for Spanish Users
Key Points: BBVA offers retail cryptocurrency services in Spain, including Bitcoin and Ethereum. Service complies with EU MiCA regulations. Expansion follows previous launches in Switzerland and Turke...
US Government Moves ETH To Coinbase Raising Selloff Concerns
The US government has just moved $200,000 worth of Ethereum to Coinbase, sparking fears of a possible selloff. The wallet first sent a small $10 test transaction before moving a larger batch of 86.56 ...
61,000 ETH in Eight Weeks: What Happened on Market?
Ethereum, the second-largest cryptocurrency in terms of market capitalization, has recently attracted institutional attention. According to Glassnode, Ethereum Spot ETF flows have remained positive fo...
Bit Digital Switches to Ethereum, Shares Boom
In a recent strategic maneuver, cryptocurrency mining giant Bit Digital announced the full liquidation of its Bitcoin holdings, opting instead to invest heavily in Ethereum. This surprising shift in s...
Treasury Department Drops Case Over Ethereum Mixer Tornado Cash
In brief The U.S. government and Coin Center have agreed to end an appeal centered on the Ethereum coin mixer Tornado Cash. Tornado Cash co-founder Roman Storm’s money laundering trial is scheduled to...
Why is the US Government Moving Ethereum to Coinbase?
The US transferred Ethereum worth $219,000 to Coinbase, sparking fears of a potential sale. ETH’s price hasn’t been impacted, but the community has a lot of unanswered questions. On the surface, this ...