Citigroup projects that the price of ether (ETH), Ethereum’s cryptocurrency, could reach $6,400 by the end of 2025 in a bullish scenario. The financial institution highlights that the growing activity on Ethereum and the adoption of applications based on this network, such as stablecoins and asset tokenization, drive this projection. However, in a bearish case, marked by […]
Investment products in ether (ETH), Ethereum’s cryptocurrency, globally, saw net outflows of $912 million last week. These outflows remained constant over that period, affecting a broad group of exchange-traded product (ETP) issuers, including U.S.-listed ether spot ETFs. The latter faced an outflow of $788 million, with no ETFs recording net inflows. Despite this pullback, cumulative inflows into ETH-based […]
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Ether (ETH), the native Ethereum cryptocurrency, is quoted at $4,000, a level not seen since December 2024. This threshold has historically acted as an upward resistance, and breaking it with enough volume could propel ETH to its historic peak of $4,891, reached in 2021, of which it is currently 20 per cent below. Despite this […]
Vitalik Buterin, co-founder of Ethereum, expressed his enthusiasm after warning that the second layer (L2) networks of that ecosystem reached the level “Stage 1” according to the evaluation framework of the analysis platform L2BEAT. In a publication dated August 6 on X, Buterin said: “Amazing to see that so many important L2s are now on […]
SharpLink Gaming, Inc., a betting company listed on the Nasdaq, raised $200 million through a direct offering led by four global institutional investors, priced at $19.50 per share. The company will allocate these funds to increase its Ethereum Treasury (ETH), Ethereum’s cryptocurrency, to exceed $2 billion in the coming days, according to the US company. […]
