Ethereum News

XMR open interest jumped to $339.5 million, up 23.40% in 24 hours, signaling a sharp rise in trader positioning.

BitMine stepped up its Ethereum buying as it moved close to controlling 5% of ETH’s total supply.

Bitcoin showed recovery in August, but weak trading activity means the rally still needs confirmation.

Wall Street veteran investor Jordi Visser gave a long-term Bitcoin price prediction of $600,000-$1 million based on a hypothetical $100 trillion crypto market cap, but did not provide a firm target.

Arthur Hayes added that Bitcoin could also reach $1 million over the next four years, citing the potential for massive money printing and U.S. yield-curve control.

Tom Lee said Ethereum was still “vastly undervalued”, given its use in the settlement of AI agent transactions that legacy payment rails are unable to support.

Any kind of fiscal intervention was going to be positive for crypto, according to Schwab’s Adam Lynch.

Solana is positioned on a revenue-driven model and Ethereum on a monetary one, and it is not yet clear which the market will reward, Bitwise's Matt Hougan said.

Solana outperformed Bitcoin and led the rally in major altcoins on Thursday afternoon.

Bitcoin dominance remains above 60%, which a crypto commentator says leaves a broader altcoin rotation unconfirmed.

Analyst Michaël van de Poppe said the rally has barely scratched the surface of the damage, with SOL yet to recover 20% of a year-long bear market.

Hayes said OTC brokers were approaching Maelstrom for dollar borrowing, a sign, he said, that the basis trade was back.

Lee said that Ethereum should be trading above $5,000 in a new bull cycle, and could top $10,000 in one to two years.

The three firms held shorts of $338 million of ETH and $265 million of BTC, the largest on the chain after a price surge liquidated bigger whale accounts.

Michaël Van de Poppe said that cryptocurrencies "haven't seen any moves at all," with SOL/BTC barely beginning to rise after Solana broke its 21-day moving average and flipped a level.

Visser referred to Bitcoin as the “S&P 500 of the crypto world,” and saw it as a significant store of value in the digital economy.

Hayes believes a move above $3,000 could trigger reflexive buying and potentially send Ethereum toward the $5,000 level.

According to Grover Norquist, the government shouldn't tax Americans on inflation-driven gains it helped create.

Geoff Kendrick said he was sticking with Standard Chartered's long-term Bitcoin target which the bank pushed by two years after cutting near-term forecasts.

Speaking on 30-year yields, Michael Howell said that he sees yields rising to 6%, leaving the economy to depend on refinancing.

The Metaverse project, Sandbox, disabled bridging on both networks and warned users not to trade SAND on Base or BSC while liquidity remains compromised.

Retail traders on Stocktwits turned to the ‘extremely bullish’ zone for TRUMP and ZEC, while sentiment around Polygon continued to be in the 'bullish' zone.

ETH, SOL, HYPE and ZEC gained alongside Bitcoin, but the spotlight was on Ethereum spot ETFs that pulled in $189.15 million on Thursday, their largest single-day inflow in 10 months.

Strategy holds 840,447 Bitcoin, leaving the company heavily exposed to further moves in the cryptocurrency.

Bitcoin’s rally put Michael Saylor-backed Strategy’s BTC holdings back in the green, with unrealized profits of around $1.36 billion.

Ethereum, XRP and Solana outperformed Bitcoin, with Ethereum rising nearly 20% in the last 24 hours.

Market commentators hailed the announcement as a liquidity-positive signal, with analysts saying the Treasury’s actions strengthen the long-term bull case for Bitcoin.

Bitwise’s Rasmussen views Bitcoin as trading more like gold, while Ethereum, Solana and Hyperliquid trade more like technology stocks.

BlackRock’s latest 10-year study showed that a 1-2% allocation to Bitcoin would have improved risk-adjusted returns in a traditional 60/40 portfolio.

The proposal would include a one-time “startup exemption” for offerings up to $5 million over four years and a “fundraising exemption” for up to $75 million per 12-month period.

Lee also said he expects “easing financial conditions to be a tailwind for crypto,” adding another potential catalyst to his Ethereum thesis.

Bitcoin recovered above $64,000 after touching $63,770 during the session.

BlackRock will execute a 1-for-3 reverse split for its spot Ethereum ETF on October 6, with no change to investor ownership or fund value.

AI is pulling liquidity, and concerns over Strategy are weighing on sentiment, Arthur Hayes said, which could push Bitcoin down before pushing it up.

Bitcoin may be nearing a pivot, with on-chain data indicating a redistribution of supply, not capitulation, Bitfinex said.

The launch comes after BlackRock's BUIDL fund, which has grown to about $2.5 billion in assets since its launch in 2024.

Bitmine added 10,399 ETH over the past week, extending its weekly accumulation streak.

Morgan Stanley downgraded CRCL stock to ‘Underweight’ from ‘Equal Weight’ and slashed its price target by 60%.

O'Leary said Bitzero was one of his favorite crypto-adjacent bets, adding that owning power, land and fiber is more important than whether the customers are AI firms or Bitcoin miners.

The debate over developer liability heated up after former White House cybersecurity official Carole House said software developers should be held more legally responsible for how their code is used.

The hackers used an “automated tool” to scan 1,196 wallets and steal more than 1,082 BTC within just 41 minutes.

While monthly inflows remained subdued, July represented a recovery from the outflows seen in May and June.

Ark Invest sold 120,665 shares of BMNR, making it the firm's largest trade of the day.

The launch comes on the heels of the firm’s Bitcoin Trust (MSBT), now with more than $381 million in assets under management.

Fundstrat's Tom Lee recently made similar points about Ethereum's long-term growth potential, expanding the Amazon analogy beyond Bitcoin.

Lee said that crypto was moving beyond "meme coin and NFT" and into a phase centered on stablecoins, payments, and tokenized financial infrastructure.

The overall cryptocurrency market fell 2.5% to around $2.45 trillion, wiping out more than $530 million in long bets.

Keefe Bruyette cited slower lease execution and higher risks entering the second half of 2026 as the reason for the CORZ stock downgrade.

Traders are looking at the CLARITY Act, with some analysts saying that action on the bill could help Bitcoin reach $68,000.

Crypto markets got a boost from a reported breakthrough on the CLARITY Act, although veteran trader Peter Brandt keeps warning that a deeper Bitcoin correction is coming.