More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.
Ethereum news
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
The Ethereum Foundation launches Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
The bumper inflow day came despite BlackRock’s leading fund, ETHA, showing a net zero flow.
Ether traders argue the asset is still “too cheap” and is due for a “monster rally” as it neared the $2,900 price level.
DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC’s oversight — but that could change with president-elect Donald Trump.
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
The next decade will bring more institutional adoption for Ethereum, but solving the security concerns of the wider crypto space remains a priority.