The post Ether May Soar to Five-Digit Prices Fueled by Rising Institutional Adoption appeared on BitcoinEthereumNews.com.
Market analysts said Ether (ETH) was ready to continue its uptrend following moves by JPMorgan and BlackRock to launch tokenized funds on the Ethereum network. Key takeaways: Institutional adoption is underway as JPMorgan and BlackRock plan to launch tokenized funds on Ethereum. Strong technical structures in multiple time frames suggest ETH price is bottoming out. ETH traders anticipate the price to “outperform” Data from TradingView showed ETH/USD trading at $2,320, up 2% over the last 24 hours. The pair failed to crack through resistance at $2,400 last week, as spot Ether exchange-traded fund (ETF) outflows and rising balance on Binance derailed Ether’s recovery. As such, bulls must push and hold the ETH/USD pair above $2,400 to continue the uptrend. In a Wednesday post on X, analyst CryptoJack said ETH is “getting ready for a pump” as it consolidates inside a
U.S. spot Bitcoin ETFs recorded $635 million in total net outflows on May 13, led by BlackRock’s IBIT. Spot Ethereum ETFs also saw $36.30 million in net outflows, with BlackRock’s ETHA posting the largest single-day loss. U.S. spot crypto ETFs had a rough session on May 13. Spot Bitcoin funds recorded $635 million in total [...]
Brokerage and banking firm Charles Schwab officially began rolling out its crypto trading platform to retail clients in the US, joining the list of traditional financial institutions expanding their digital asset offering. Related Reading: Poland’s PiS Proposes Total Crypto Ban As Lawmakers Review Digital Asset Bills Schwab Launches Spot Trading For BTC, ETH On Tuesday, […]
Jane Street sharply reduced its Bitcoin ETF exposure in the first quarter of 2026, cutting reported holdings in BlackRock’s IBIT and Fidelity’s FBTC while increasing positions in Ether ETFs and several crypto-linked equities. The move has revived speculation that one of the market’s largest trading firms may have been a major force in Bitcoin’s recent price dynamics — and that a lighter reported position could remove a key overhang for BTC. According to the latest 13F filings, Jane Street cut its IBIT position by roughly 71% and its FBTC position by about 60% in Q1. Parker White, the Chief Operating Officer (COO) and Chief Investment Officer (CIO) of DeFi Development Corp (DFDV), renewed his thesis from February and argued via X that the filing may help answer questions that have circulated since a major IBIT trading dislocation on February 5 when BTC price saw a massive -18% drawdown. “It is now apparent that Jane Street cut their IBIT and FBTC holdings by roughly 70% in Q1 based on 1
Prediction market platform Myriad has adopted Chainlink infrastructure to automate and settle crypto prediction markets with near real-time payouts, starting with BTC, ETH, BNB, and SOL markets. According to Myriad, the integration brings Chainlink Data Streams and the Chainlink Runtime…
Ethereum posted $74.58M in realized profits as ETH fell 5.5%, with profitable holders selling coins bought below $2,000. Ethereum just recorded $74.58 million in network realized profits, even as ETH price fell about 5.5% over three days. The move shows that some holders sold coins bought at lower prices, and they still booked gains during […]
The post Ethereum Just Spiked $74M in Profits – While Price Fell 5.5% appeared first on Live Bitcoin News.
A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place.
A New York federal judge has postponed a decision on Aave’s request to release $71 million in frozen Ethereum tied to the Kelp DAO exploit, ordering both sides to submit additional legal arguments before a June hearing. According to filings…