
The Securities and Exchange Commission (SEC) has approved in-kind redemptions for all spot Bitcoin and Ethereum ETFs, thus reshaping the crypto market. Corporations are leaning towards Ethereum investments beyond Bitcoin, leading to an increase in Ethereum's price. As Wall Street's interest in crypto heightens, a significant number of influential corporate ETH holders have been identified, focusing on Ethereum's performance as it turns 10 years.
An altcoin rally led by Ethereum (ETH), Binance Coin (BNB), Avalanche (AVAX), and PengolinCoin (PENGU) has been projected if a range break occurs in Bitcoin's value. Ethereum is already on a robust growth path, with an optimistic target price of $13,000 or more by Q4. ETH is gradually becoming a popular asset amongst corporations as they continue to expand their Ethereum reserves.
Ethereum (ETH) has recently surpassed the $3,800 price tag due to a large buy made by a whale investor, coupled with a substantial capital inflow. With an Ethereum treasury holding $840M in ETH, Sharplink Gaming (SBET) has also contributed to ETH's increasing value. Analysts predict that Ethereumβs price will skyrocket due to the GENIUS Act, which accentuates yield-bearing stablecoins.
ETH Coin News Analytics from Tue, 15 Jul 2025 07:00:00 GMT to Wed, 30 Jul 2025 21:44:23 GMT - Rating 8 - Innovation 7 - Rumor -3