The post Ethereum Institutional Launches As New Nonprofit Bridge To Wall Street appeared on BitcoinEthereumNews.com.
Bitcoin ETFs drew the headlines, but the bigger shift on Wall Street is still taking shape behind closed doors. Banks that tentatively warmed to crypto via regulated funds are now being asked a harder question: what do they actually understand about the protocols beneath the tickers? A new nonprofit called Ethereum Institutional aims to answer that. The organization, the original report shows, is stepping into a gap that the industry has often left to consultants and sell-side pitches — direct, neutral education for financial institutions about Ethereum’s mechanics, risks, and use cases. That gap is not trivial. The same cohort of institutions that poured into spot Bitcoin products has been slower to engage with Ethereum beyond speculative exposure. Smart contracts, staking dynamics, L2 fragmentation, and MEV are not exactly standard curriculum on a trading floor. Ethere
The post Binance Ethereum Bets Vanish While OKX Traders Pile Back In appeared on BitcoinEthereumNews.com.
Ethereum open interest cooled hard on Binance in July 2026 as OKX spot volume jumped to its strongest level in months. Something in Ethereum’s order books on Binance thinned out hard on July 6, and it took most of the market a full day to notice. The exchange’s derivatives desk had just logged one of its quietest positioning readings in nearly two years. Nobody framed it as a crash, because it wasn’t one in the usual sense. It just showed up buried inside a 30-day rolling gauge, the kind of chart traders glance at and scroll past without much thought. Leverage had been building for months on the exchange. Something eventually had to give. A Number Nobody Rang a Bell For Binance’s Ethereum 30-day open interest change fell to negative 594,000 ETH on July 6, according to a CryptoQuant quicktake credited to on-chain analyst Amr Taha. That reading marked the steepest contraction on the
The post Ethereum news: Robinhood chain hits $568M in trading frenzy, benefitting Arbitrum appeared on BitcoinEthereumNews.com.
Digital broker Robinhood’s new chain is off to a flying start, and the benefits are trickling to Ethereum-based network Arbitrum. The native token of Arbitrum (ARB) jumped 19% over the past 24 hours, making it the best-performing asset in the top 100 cryptocurrency, according to CoinDesk data. Bitcoin BTC$63,272.24 edged 1.5% higher to trade above $63,000, while ether (ETH) was up 0.5% in an otherwise muted day. The gains came as Robinhood Chain, built on top of Arbitrum’s technology stack and rolled out to the broader public a week ago, processed over $568 million in daily trading volume on Wednesday and logged over $350 million so far on Thursday, according to blockchain data from Entropy Advisors. Much of that activity was driven by a burst of memecoin trading, while stablecoin balances on the network also climbed quickly above $260 million within its first
The post Ethereum Institutional Nonprofit Launches With 500 Bank Relationships appeared on BitcoinEthereumNews.com.
Ethereum News Ethereum gained a dedicated institutional gateway this week as Ethereum Institutional, a newly launched nonprofit built to guide banks and asset managers through the network, formally opened its doors. The organization positions itself as a neutral counterpart for enterprises exploring Ethereum, connecting them with developers and infrastructure providers without promoting any single company or product. Its founders say they cultivated roughly 500 institutional relationships over the past year, with recurring feedback that the sprawling ecosystem — home to thousands of teams — feels overwhelming to newcomers. The nonprofit intends to act as a front door for tokenization, digital-asset infrastructure and stablecoin use cases across traditional finance. Robinhood Chain, a Layer-2 network that settles its security back to Ethereum, moved from testnet to full pr
Ethereum open interest cooled hard on Binance in July 2026 as OKX spot volume jumped to its strongest level in months. Something in Ethereum’s order books on Binance thinned out hard on July 6, and it took most of the market a full day to notice. The exchange’s derivatives desk had just logged one of […]
The post Binance Ethereum Bets Vanish While OKX Traders Pile Back In appeared first on Live Bitcoin News.
The post Raymond James shocks Wall Street with $800 SpaceX stock target appeared on BitcoinEthereumNews.com.
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. Summary Raymond James initiated SpaceX with a Strong Buy rating and an $800 price target, implying about 440% upside. Wall Street support strengthened as Morgan Stanley, Goldman Sachs, Citigroup, UBS, and Wells Fargo also issued bullish ratings. SpaceX expanded its Starlink plans, Ark Invest added shares, and the company’s Bitcoin holdings remained in focus. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and an $800 price target, making it one of the most optimistic forecasts issued by a major Wall Street firm. $SPCX – SPACEX COULD SOAR 440%, SAYS RAYMOND JAMES Raymond James launched SpaceX coverage with a Strong Buy rating and a Street-high $800 target, implying 440% upside.
The post Eightco Holdings (ORBS) Reveals $397M Crypto-AI Treasury: 16K ETH And 283M WLD appeared on BitcoinEthereumNews.com.
Public markets rarely get a direct window into a company’s crypto conviction. Eightco Holdings (NASDAQ: ORBS) just pried that window open. The firm’s July 8 snapshot shows total holdings of roughly $397 million, a figure built from an unusual mix of AI equity stakes and liquid crypto assets. The treasury includes an indirect $90 million position in OpenAI, $18 million in Beast Industries, 16,278 ETH, and 283 million WLD tokens—valued at $149 million at the time of disclosure. For a Nasdaq-listed entity, the composition reads less like a traditional balance-sheet hedge and more like a concentrated bet on AI infrastructure and on-chain identity. The Ethereum stack alone is large enough to place Eightco among the more exposed public-company ETH holders, even if it still trails dedicated crypto treasury companies by a wide margin. Meanwhile, the Worldcoin (WLD) posit
SpaceX shares have gained fresh momentum after Raymond James initiated coverage with an $800 price target, implying about 440% upside from current levels. According to Raymond James, the brokerage has started coverage of SpaceX with a Strong Buy rating and…
