World Liberty Financial (WLF) project lead Eric Trump believes that the Ethereum price should be at $8000, with the current Global M2 expansion. Trump has been a strong supporter of ETH in the past and maintains a bullish outlook for the long term. The ETH price, which surged more than 150% since the April lows,
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Tether has minted $2 billion worth of USDT, raising fresh speculation about a potential market rally. The two Ethereum-based transactions were quickly clarified by Tether’s CTO Paolo Ardoino. Tether’s $2B USDT Mint Suggests Liquidity Preparation Tether minted the USDT in two separate transactions. Each transaction totaled $1,000,999,999 and occurred two minutes apart. The information was
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Michael Saylor’s Strategy, previously MicroStrategy, is again looking to expand its Bitcoin holdings with a new $2.4 billion raise. This follows an upsize in its STRC stock offering, which it announced earlier this week. Strategy To Raise $2.4 Billion Through STRC IPO In a press release, the company announced plans to sell 28,011,111 shares of
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The BlackRock Ethereum ETF has hit a new milestone in net assets amid the latest ETH rally to a six-month high. ETHA becomes the third-fastest to reach this mark, after fellow crypto ETFs IBIT and FBTC. Meanwhile, it comes just as the ETH ETFs turn one. BlackRock Ethereum ETF Reaches $10 Billion In Net Assets
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Despite earlier delays and doubts over its performance, the US Spot Ethereum ETF has officially turned one this July 23. These exchange-traded funds have been developed in such a way that they provide regulated exposure to Ethereum with lower risk than direct crypto trading. Notably, the 1-year anniversary comes with a massive milestone as it
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In a stunning development, the Solana network has increased its block capacity by 20%, raising the limit to 60 million compute units (CU). Helius CEO Mert Mumtaz announced this upgrade, which enables the Solana network to process more transactions per block, aiming to reduce congestion and lower fees. With plans to further expand block capacity
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The PUMP token price has declined by 12% in a single day. This came after Pump.fun’s cofounder stated that the highly anticipated airdrop won’t be happening anytime soon. PUMP Token Price Drops 12% Amid Airdrop Delay PUMP price tumbled 12%, slipping below its initial ICO level after Pump.fun cofounder Alon Cohen revealed that while an
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