Large bitcoin holders and miners significantly increased transfers to exchanges following bitcoinโs climb to a new all-time high near $123,000 last week, according to the latest data from onchain analytics firm Cryptoquant. Onchain Data Tracks Massive Miner, Bitcoin Whale Exodus Cryptoquantโs Weekly Crypto Report reveals that total daily bitcoin exchange inflows surged dramatically from 19,000 […] Original
Tag: ETH
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$4,000 ETH Price Is Due ‘Soon’ As Ether Shorts Suffer
Key points: Ether is currently forging a short squeeze that stands out in crypto history, says analysis. A 10% price increase would see another $1 billion in liquidated shorts. Shorts should now fuel a $4,000 ETH price rebound. Ether (ETH) is โmaking historyโ as ETH price gains spark a short squeeze for the record books. Fresh analysis from trading resource The Kobeissi Letter issued Friday now sees ETH/USD hitting $4,000 โsoon.โ Ether shorts risk punishment as ETH eyes 2025 highs Ether price strength has become one of Julyโs crypto market…
$4,000 ETH Price Is Due โSoon’ As Ether Shorts Suffer
Key points: Ether is currently forging a short squeeze that stands out in crypto history, says analysis. A 10% price increase would see another $1 billion in liquidated shorts. Shorts should now fuel a $4,000 ETH price rebound. Ether (ETH) is โmaking historyโ as ETH price gains spark a short squeeze for the record books. Fresh analysis from trading resource The Kobeissi Letter, issued on Friday, now sees ETH/USD hitting $4,000 โsoon.โ Ether shorts risk punishment as ETH eyes 2025 highs Ether price strength has become one of Julyโs crypto…
Bit Digital Boosts Ethereum Treasury to Over 120,000 ETH
Bit Digital has expanded its ethereum holdings to over 120,000 ETH, converting recent capital into a long-term bet on ethereumโs role in the evolving digital economy. Bit Digital Converts $67.3 Million Raise Into Strategic Ethereum Play With Addition of 19,683 ETH Bit Digital, Inc. (Nasdaq: BTBT) has added 19,683 ETH to its balance sheet, using [โฆ] Source CryptoX Portal
Thumzup to Diversify Crypto Holdings With $250 Million in BTC, ETH, XRP, and More
Thumzup Media Corp. has approved plans to hold up to $250 million in crypto, expanding its treasury beyond bitcoin to include ethereum, solana, ripple, and more. Bold $250 Million Expanded Crypto Treasury Strategy Authorized by Thumzup Media Thumzup Media Corporation (Nasdaq: TZUP) has received board approval to hold up to $250 million in digital assets. [โฆ] Source CryptoX Portal
Media company Thumzup authorizes $250M crypto treasury across BTC, ETH, SOL, XRP, DOGE, LTC & USDC
Nasdaq-listed Thumzup Media Corporation has approved a new treasury strategy that will allow it to hold several cryptocurrencies in its balance sheet. The company announced on July 17 that its Board of Directors has authorized the company to hold upโฆ Source CryptoX Portal
The GENIUS Stablecoin Bill Prohibits Yield, ETH Stands to Benefit
The US fresh stablecoin legislation could create more demand for Ether (ETH) and decentralized finance applications, which are primarily based on the Ethereum network, according to analysts. The GENIUS bill, signed into law by US President Donald Trump on Friday, bans yield-bearing stablecoins, cutting off interest-earning opportunities for institutions and retail traders. This type of stablecoin generates interest or returns for the holder through yield-generating mechanisms, like staking or lending. According to crypto analyst Nic Puckrin, the removal of yield on stablecoins โis great news for Ethereum-based DeFi as the…
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SharpLink Plans To Sell Stock Worth $5B To Buy ETH
Joseph Lubin-backed SharpLink Gaming has drastically increased the equity it intends to sell to scoop up more Ether โ and has added $515 million of Ether (ETH) to its treasury in just the last nine days. In a prospectus supplement filed with the US Securities and Exchange Commission on Thursday, SharpLink said it has increased the amount of common stock it can sell by an extra $5 billion, up from $1 billion under its initial May 30 filing. Similar to its prior prospectus, SharpLink said it will use the majority…