The startup's backers, including Bitmine and Joe Lubin, are betting institutions need a privacy layer before running money on a public chain.
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders.
The rapid ETH buy surge on Binance highlights market sensitivity to inflation data, potentially leading to volatile shifts in investor sentiment. Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally.
Morgan Stanley has updated documents tied to its proposed Ethereum and Solana ETFs, with the revised paperwork naming Coinbase for custody and staking services. The change is a filing update to product documentation, not a regulatory approval, and it clarifies which service provider would handle asset safekeeping and staking if the products move forward.
Bitmine Immersion Technologies delivered one of the crypto sector's most striking quarterly performances this earnings cycle. The company reported $46.5 million in revenue for the quarter ending May 31—a dramatic surge from approximately $2 million in the same period last year.
Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant's third round of revisions since its January debut filings.
Ethereum has surged more than 5% over the past day following the release of June's U.S. inflation figures, which arrived below market expectations.
Bitmine's strong staking earnings highlight Ethereum's growing market confidence and potential price impacts amid regulatory and macroeconomic factors. Bitmine earns $46M from Ethereum staking last quarter.
SharpLink's strategic ETH accumulation and staking rewards enhance its market position, offering investors indirect Ethereum exposure with potential growth. SharpLink generates 499 Ethereum from staking rewards this week, total holdings near 888K ETH.
Ethereum is showing signs of a potential bullish breakout as inflation in the U.S. cooled down. A break above $1,800 could set the stage for a move to $2,400 if ETH breaks past the 200-day EMA.
Ethereum Research Thread Puts Sybil Resistance Back In Focus For Decentralized Networks is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure,
The U.S. government moved $12.36 million in ether, USDC and USDT out of a Bitfinex hack seizure wallet on Tuesday, July 14, sending the funds to Coinbase Prime and one unlabeled address, according to Arkham Intelligence data.