SharpLink buys the ETH dip after 8-month pause

Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.

Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025.

BitMine staked 160,480 more ETH as BMNR prepares for Russell 1000 entry, lifting staked holdings to 4.88m ETH, Lookonchain says.

SharpLink resumes Ethereum buying with a $7.85 million purchase after 8 months, raising its ETH holdings to nearly 876,000 coins. SharpLink has resumed buying Ethereum after an 8-month pause. The company purchased 5,000 ETH, worth about $7.85 million, on Thursday. According to on-chain data shared by EmberCN, the transaction marks SharpLink’s first Ethereum purchase since […] The post SharpLink Reenters Ethereum Market After 8-Month Break appeared first on Live Bitcoin News.

In May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize.

Arthur Hayes says he has sold several altcoin positions while keeping core BTC and ETH exposure and rotating toward Treasuries and energy stocks.

Kraken and Maple launched a $375M facility for institutional crypto lending access. The structure brings traditional credit protections into an onchain environment. Investors gain transparent, overcollateralized yield backed by BTC and ETH. Kraken and Maple have launched a $375 million onchain credit facility designed to expand institutional access to digital asset-backed lending. The initiative introduces […] The post Kraken and Maple Unveil $375M Onchain Credit Facility for Institutions appeared first on Live Bitcoin News.

Many altcoins have collapsed by up to 5% in the past hour alone.