Author: Michael Johnson
BlackRock seeks to enable staking in its ETHA fund, aiming to boost returns and efficiency for investors. ETH ETFs see $726M in daily inflows, with BlackRock’s ETHA leading at nearly $500M, amid rising demand. SEC openness to staking ETFs grows, following approval of the first Solana staking fund and increasing industry filings. BlackRock has filed to incorporate staking into its iShares Ethereum Trust (ticker: ETHA), the largest Ethereum exchange-traded fund (ETF) by assets under management. The move, disclosed in a filing with the US Securities and Exchange Commission (SEC) on Thursday, follows growing institutional interest in Ethereum staking products and…
An address possibly linked to a BitMEX co-founder has received DeFi tokens worth $2.05 million. The transaction involved 3,033 AAVE and 1.1253 million LIDO. Flowdesk sent the assets, suggesting a potential over-the-counter purchase. The altcoin narrative is gaining steam as Ethereum starts to outperform the markets. ETH, SOL, and XRP surged up to 10% in the past 24 hours while the largest cryptocurrency by value remained calm above $118,600. Amidst the shifting trends, crypto sleuths observed an interesting transaction linked to a wallet believed to be that of BitMEX co-founder Arthur Hayes. The address received 3,033.14 AAVE and 1.1253 million…
The strength in Ethereum has extended to the broader altcoin market. The token had touched an intraday high of $3,463 earlier in the day. The rally came as nine US-listed spot Ethereum ETFs saw their largest combined daily net inflow on record Wednesday. Ethereum rallied sharply over the past 24 hours, breaking above $3,400 for the first time since mid-January as record inflows into spot Ether exchange-traded funds (ETFs) and rising institutional accumulation reinforced bullish sentiment. Ether was trading at $3,436 early Thursday, up 8.4% in the past 24 hours. The token had touched an intraday high of $3,463 earlier…
SharpLink Gaming has acquired an additional 5,188 ETH worth over $15.7 million. The company now holds more than 285,890 ETH as it becomes the largest Ethereum holder. Analysts say ETH could spike above $3,000, with $5,000 as a potential target. SharpLink Gaming’s massive bet on Ethereum has bolstered the top altcoin’s price as bulls hold near the key level of $3,000. The company’s strengthening of its ETH position with an additional 5,188 ETH worth over $15.7 million saw Ethereum price hold near the critical level as Bitcoin dipped sharply. Analysts now see ETH hitting a new upside leg, buoyed by…
CROSS and ECHO soar over 50% amid broad market declines. Ongoing Binance Alpha trading competition keeps the tokens afloat. SharpLink becomes the largest Ethereum holder among corporate entities with over 280K ETH assets. Digital currencies displayed weakness on Tuesday as the global cryptocurrency market cap plunged 3% in the past day to $3.69 trillion. While altcoins eye rapid bounce-backs after the corrections, Cross, ECHO, and Ethereum dominated today’s trends for different reasons. CROSS and ECHO have rallied up to 60%, fueled by the ongoing trading competition of Binance Alpha. On the other hand, SharpLink has become the top corporate Ethereum…
Bitcoin ETFs saw $2.7 billion in weekly inflows, pushing BTC to an all-time high near $119,000. Ethereum ETFs added $908 million, helping ETH climb 17% to a multi-month peak above $3,000. BlackRock’s IBIT and ETHA dominated fund inflows, reflecting strong institutional demand for crypto exposure. Investor appetite for cryptocurrency exposure through exchange-traded funds (ETFs) reached a new high last week, with Bitcoin ETFs alone drawing in more than $2.7 billion in net inflows over five trading days. The surge in capital marked one of the strongest weekly performances for these financial vehicles, reflecting growing institutional demand on Wall Street. According…
Ethereum (ETH) surged past $3,000 for the first time in five months, gaining nearly 9% in 24 hours. BlackRock’s ETHA ETF posted record daily inflows of $300.9 million, leading a $383.1 million day for U.S. spot ETH ETFs. SharpLink Gaming purchased 10,000 ETH from the Ethereum Foundation, boosting its treasury to over $550 million. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has reclaimed the $3,000 mark for the first time in five months, buoyed by bullish momentum across the broader crypto market. The token is currently trading at $3,055, up nearly 8% in the past 24 hours. ETH…
Ethereum stands at a pivotal moment. Interest in Ethereum has expanded beyond technologists and enthusiasts, bringing enterprises, governments, and everyday users who seek practical solutions and tangible benefits. The Ethereum ecosystem is adapting to meet these needs, and the Ethereum Foundation is ready to play its part. As outlined in the Ethereum Foundation’s recent vision statement, we have two key goals: Maximizing the number of people who (directly or indirectly) use Ethereum, in such a way that they benefit from Ethereum’s underlying values.Maximizing the resilience of Ethereum’s technical and social infrastructure. Ecosystem Development (EcoDev) refers to teams that help achieve…
Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that his partisans draw from that claim, the statement certainly carries a large amount of truth. What is a corporation, after all, but a certain group of people working together under a set of specific rules? When a corporation owns property, what that really means is that there is a legal contract stating that the property can only be used for certain purposes under the control of those people who are currently its board of directors – a designation itself modifiable by…
In the first part of this series, we talked about how the internet allows us to create decentralized corporations, automatons that exist entirely as decentralized networks over the internet, carrying out the computations that keep them “alive” over thousands of servers. As it turns out, these networks can even maintain a Bitcoin balance, and send and receive transactions. These two capacities: the capacity to think, and the capacity to maintain capital, are in theory all that an economic agent needs to survive in the marketplace, provided that its thoughts and capital allow it to create sellable value fast enough to…