ETH Trading Above $3K as World's 3rd Largest Asset Manager Calls It a 'Store of Value'

ETH Trading Above $3K as World's 3rd Largest Asset Manager Calls It a 'Store of Value'

At the time of writing, Ether (ETH) was trading at $3,012, up 8.22% in the past 24-hour period, according to CoinDesk Research's technical analysis model. The broader crypto market, as gauged by the CoinDesk 20 Index (CD20), was up 6.39% during the same period.In a recently-released research paper titled "Blockchains as Emerging Economies", the world's third largest asset manager explained how "ether can serve as a medium of exchange and store o…

Over 51,000 ETH Moved from Dormant Wallets After 2 Years, Yielding 20x Floating Profit

The post Over 51,000 ETH Moved from Dormant Wallets After 2 Years, Yielding 20x Floating Profit appeared on BitcoinEthereumNews.com. In a significant blockchain movement, over 51,000 ETH were relocated from several addresses that remained inactive for more than two years. These dormant wallets have now transferred their holdings to new addresses, reflecting a strategic repositioning in the market. The transferred assets currently exhibit a float…

Fidelity Frames ETH As Money And Ethereum As A Digital Economy In New Report - Data Intelligence

Fidelity compares Ethereum’s network growth and activity to a real-world economy. Fidelity, the third-largest asset manager in the U.S. with $5.9 trillion of assets under management, said in a report that native blockchain currencies serve as a unit of account and medium of exchange of a network, similar to the function currencies have in nations. The report specifically looks at Ethereum (ETH) as an example, proposing that ETH acts like base mo…

Ethereum Targets Liquidity Above $3,000 – Price Magnet Forming - Coin Surges

Ethereum just broke above the critical $3,000 level, marking a major technical milestone after surging over 20% since Tuesday. This decisive breakout signals renewed strength in the second-largest cryptocurrency, with bulls reclaiming control after weeks of tight consolidation. The move is reigniting interest across the broader altcoin market, which had remained relatively muted during Bitcoin’s recent rally to all-time highs. Now, with ETH lead…

Ethereum Targets Liquidity Above $3,000 – Price Magnet Forming

Ethereum just broke above the critical $3,000 level, marking a major technical milestone after surging over 20% since Tuesday. This decisive breakout signals renewed strength in the second-largest cryptocurrency, with bulls reclaiming control after weeks of tight consolidation. The move is reigniting interest across the broader altcoin market, which had remained relatively muted during Bitcoin’s... The post Ethereum Targets Liquidity Above $3,00…

Ethereum Price Surge Forces Whale To Dump 2,000 ETH Tokens, Realizes $2.59 Million Loss

Amid the rejuvenated bullishness in the cryptocurrency market, Ethereum (ETH) is on the spotlight due to a significant whale’s activity noted today. According to data reported today by market analyst Onchain Lens, a whale has deposited massive amounts of ETH tokens into digital asset trading platform HitBTC, experiencing a loss of significant millions. The trade attracted substantial scrutiny on Ether’s future. After 4 years of dormancy, a whal…