SharpLink, a leading sports betting technology provider, made an aggressive play as it recently acquired 176,271 ETH. The move, which was finalized on or about June 13, marks an important milestone in the broader corporate adoption of crypto assets and Ethereum specifically. This major investment further underscores Ethereum’s growing prominence...
Ethereum’s network is at its most active ever. The important thing is that daily transactions have more than doubled, and whales are still majorly accumulating ETH. With 1,750,000 daily transactions, the Ethereum network has set the third-highest all-time quantity of recorded transactions. This boom is largely thanks to a boom...
Ethereum’s price is expected to skyrocket, with some estimating that it could reach up to $10,000, propelled by a massive influx of institutional investment. This surge can be mainly credited to an increase in institutional interest and accumulation of ETH via Ethereum ETFs. Major financial institutions, such as BlackRock, are...
Ethereum recently experienced a surge of notable whale activity, underscored by hefty buy-ins and staking transfers. SharpLink Gaming has quickly become one of the heavyweights, raking in 188,478 ETH worth about $473.6 million. Expanding recent transaction volume and staking activities are driving Ethereum staked holdings to all-time highs—a clear sign...
Ethereum has just blown past a thrilling new milestone! The overall value of ETH staked has broken above $70 billion, representing 28.3% of the cryptocurrency’s total supply. According to on-chain data, this threshold was candidly crossed late last week. The surge in staking activity, with significant involvement from whale wallets...
Bit Digital (BTBT), a small-cap player, is in the midst of its own strategic transformation, moving from Bitcoin mining to Ethereum staking options. While market skepticism abounds around this pivot, the execs feel pretty darned confident. They are all-in on the company’s long-term prospects. As of recent activity, it appears...
Bit Digital at one point was the 12th-largest Bitcoin mining company by market capitalization. Now, it has just announced a new, audacious strategy to make the leap to Ethereum. The company’s prospectus filed with the U.S. Securities and Exchange Commission (SEC) indicates they’re now poised to bring staking features to...
As of June 19, institutional strategic reserves peaked at 1.190 million ETH. This pivot marks a deepening corporate strategy shift away from crypto. Crypto.news was the first to report these holdings. Together they account for more than 1% of the total Ethereum supply and are worth almost $3 billion today....
Ethereum also recently passed the major milestone of having 35 million ETH staked, worth about $140 billion. This 3,400% spike in staking activity since mid-2021 is a clear signal of investor confidence. The added staking coincides with the crypto project anticipating a watershed decision on its ETF.At the time of...