⇑ ETH Coin: Massive Corporate Accumulation Boosts Ethereum's Value
The Securities and Exchange Commission (SEC) has approved in-kind redemptions for all spot Bitcoin and Ethereum ETFs, thus reshaping the...
The cryptocurrency market shows an optimistic view towards Ethereum (ETH), with Tom Lee predicting a value of $15,000 by the end of 2025. Notably, ETH's recovery is outpacing Bitcoin's, despite constant selling at $4,000. Moreover, SharpLink has invested $54M more into Ethereum, increasing its overall holdings to $1.65B. Expectations are high that the value of ETH will surge again by Q4, possibly reaching a high of $13,000 or even $16,000 during this cycle. Currently, ETH's selling pressure has hit its second-highest ever at $419M, yet experts believe it may have a 2016-style rally. Standard Chartered's statement emphasizes the value of Ethereum treasury stocks over ETH ETFs, and currently, it seems the price may break $5,000 by December. With a predicted daily increment in ETH holdings through AIXA Miner, BlackRock's significant transfer of BTC and ETH amid crypto ETF outflows is notable. The future of Ethereum looks promising with 'DeFi Summer 2.0' and regular gains through ETHRANSACTION Cloud Mining Contracts. Ethereum ETFs are making a comeback with $77 Million Inflows and a year-high Ethereum transaction volume despite SEC staking disagreements. SharpLink's recent addition of $264.5M in ETH has boosted their holdings to 521,939. Mixed signs are visible as ETH's 10% weekly price loss contrasts with a $300M whale buy. CoinBase's addition of embedded wallets to their development platform may streamline Web3 onboarding, further benefiting Ethereum.
ETH Coin News Analytics from Fri, 18 Jul 2025 07:00:00 GMT to Wed, 06 Aug 2025 21:30:06 GMT - Rating 6 - Innovation 7 - Information 9 - Rumor 5