Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin believes Ethereum treasury companies could provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury…
Ethereum’s native token, Ether (ETH), has fallen 5.73% from its weekend high near $4,766, retreating as traders trim risk ahead of Wednesday’s Federal Reserve interest rate decision. ETH/USD daily price chart. Source: TradingView The pullback reflects caution in the market, but the bigger question is whether the Fed’s potential dovish shift could reignite Ethereum’s rally…
Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. ETH price could drop to $3,500 if key support levels are lost. Ether (ETH) remains stuck in the $4,200-$4,500 range for two weeks, amid decreasing spot and institutional demand. This has made…
The non-fungible token (NFT) sector surged to a market capitalization of more than $9.3 billion as Ethereum-based collections increased along with the price of Ether. NFT data tracker NFT Price Floor showed on Wednesday that the overall market capitalization for NFT collections had hit $9.3 billion, a 40% uptick from July. According to DappRadar data,…
Ethereum core developer Federico Carrone, known as “Fede’s Intern” on X, confirmed he has been released after being detained in Turkey for 24 hours over alleged links to a Ethereum privacy protocol. “I’m finally out, safe and free. There was a small moment were things looked very bad but thanks to help from many I…
Key takeaways: Ethereum is breaking out across multiple bullish setups on the price chart. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year. Ethereum’s native token, Ether (ETH), has surged roughly 24% this week to above $4,330, its highest price since December 2021. Many analysts now eye a break above the…
Key takeaways: Ethereum ETF inflows reflect persistent demand from institutions. ETH supply on exchanges hits 8-year low alongside rising whale accumulation. MVRV price bands and V-shaped chart pattern hint at $4,000-$5,000 ETH price. After an over 100% rally to $2,800 from multimonth lows below $1,400 in April, Ether’s (ETH) price has traded within a tight…
Layer 2s have been a great blockchain success story. They’ve reduced congestion on the Ethereum mainnet, driving down gas fees while preserving security. But maybe they’ve become too successful, drawing chain activity and fee income from the parent that spawned them? At least that’s what some are suggesting lately, most recently at Cornell Tech’s blockchain…
Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator. According to…
How does the IRS define a crypto broker? The definition of the term “broker” includes individuals or entities that regularly provide services to carry out digital asset transfers. This definition ensures that only those truly “in a position to know” transaction details are subject to Form 1099-DA reporting requirements. These US Internal Revenue Service rules…