The cryptocurrency market has been at a fever pitch lately. We’re seeing large-scale investments, specifically targeting acquisitions, and a quiet calmness in leading cryptocurrencies like Bitcoin and Ethereum. Recent reporting from Decrypt exemplifies the rapid onset of dynamic shifts within the crypto space. First, they sum up where things stand...
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...
Ethereum price is exhibiting bullish signals as ETH is on its way to testing a key $2,500 level. Increased on-chain activity, favorable treasury inflows, and bullish regulatory movements in Europe have networked with the nascent positive sentiment to increase speculation for a possible breakout. As important technical indicators come into...
Alexander, an experienced visual storyteller and senior market analyst at crypto news outlet CryptoDnes EN, is betting on the arrival of an “Altcoin ETF Summer” on or around 2026. Alexander has more than eight years of experience in the cryptocurrency and blockchain industries. Within a short timeframe, he’s built a...
Ether’s (ETH) bullish moment has seen the crypto surge above the $2,470 price level. Looking at futures and options data, it’s clear that traders are showing little bullish conviction. While inflows to U.S.-listed Ether ETFs have certainly been positive, notable indicators point to an underlying market caution. This combination of...
Bit Digital (BTBT) announced Wednesday it is changing its business strategy to focus solely on ether (ETH) staking and treasury operations. Through the sale of its bitcoin mining business to the New York-based firm. To fund its growing ETH strategy, it will repurpose its assets and capital into that strategy.Naturally,...