Author: driver789

BlackRock’s staked Ethereum exchange-traded fund has tallied $15.5 million in trading volume on its first trading day, which a market analyst described as “very, very solid” despite falling short of two similar Solana staking products that launched last year.Nasdaq data shows the iShares Staked Ethereum Trust (ETHB) had 592,804 shares traded on its debut on Thursday, with Bloomberg ETF analyst James Seyffart noting on X that the product turned over around $15.5 million.“Very, very solid for a day 1 ETF launch,” Seyffart said.The ETF invests and stakes Ether (ETH), locking up the tokens on the blockchain with the aim of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum treasury companies Bitmine and Sharplink continue to advance their ETH strategy amid the current crypto market downtrend. Bitmine, in particular, continues to accumulate ETH at a steady pace, with the company close to its goal of holding 5% of the token’s supply.   Ethereum Treasury Company Bitmine Adds More ETH In a press release, Bitmine revealed that they bought 60,976 ETH last week and now holds a total of 4.535 million ETH worth around $8.91 billion. The Ethereum treasury company has also staked just over 3 million…

With fears growing over the economic impact of surging oil costs, U.S. Treasury Secretary Scott Bessent said Thursday evening that the Trump administration is taking steps to promote stability and lower energy prices.”To increase the global reach of existing supply, the U.S. Treasury is providing a temporary authorization to permit countries to purchase Russian oil currently stranded at sea,” said Bessent in an X post.”The temporary increase in oil prices is a short-term and temporary disruption that will result in a massive benefit to our nation and economy in the long-term,” added Bessent, suggesting market fears about the rise in…

A new analysis from crypto analytics platform CoinCodex paints a grim picture for Shiba Inu (SHIB) investors who are still holding out hope for a repeat of past highs this year. According to the AI platform, SHIB is highly unlikely to approach, let alone reach its 2021 all-time high in 2026. The dog-themed meme coin has been volatile, with analysts indicating that its broader outlook remains largely bearish. CoinCodex’s recent price forecast for Shiba Inu offers little optimism for the popular meme coin in the near term. The AI algorithm, which factors in historical price behavior, market volatility, and Bitcoin…

Strategy appears to have purchased more than 4,000 bitcoin on Thursday, according to estimates derived from real-time trading data and community tracking dashboards monitoring the firm’s preferred equity sales. Data from STRC.live and market trackers suggests the purchases were funded through heavy issuance of the company’s Variable Rate Series A Preferred Stock (STRC), a perpetual preferred instrument that Strategy has increasingly used to raise capital for bitcoin accumulation. By end of day in New York, trading activity implied the firm had already raised enough capital to acquire more than 4,000 BTC, marking the largest single-day bitcoin purchase funded through STRC…

Institutional interest continues to shape the crypto landscape as BlackRock launched its staked Ether ETF, marking a significant step in mainstream adoption of Ethereum-based products. This development comes alongside reports of strong institutional conviction in Ethereum’s long-term potential, even as the broader crypto market faces a significant selloff. The contrasting narratives highlight the complex dynamics at play, where traditional financial institutions are building infrastructure while retail traders navigate heightened volatility.Bitcoin mining has reached a historic milestone with 20 million coins now in circulation, leaving just one million to be mined. This development underscores the asset’s deflationary nature and approaching supply…

US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure before April.According to a Thursday Punchbowl News report, Thune said that the Senate planned to prioritize voting on the SAVE America Act, a bill that would require voters to provide proof of US citizenship in person to register.The majority leader addressed reporters on Thursday saying that the bill would go to the chamber next week, adding that lawmakers would focus on the crypto market structure bill and other bipartisan bills after the SAVE America Act vote.”Market…

ETHDenver 2026 saw side events collapse, prize pools slashed, and AI × crypto dominate the floor, leaving a leaner, builder‑driven conference with prediction markets in focus. Summary Side events dropped from 668 in 2025 to about 215, as timing near Lunar New Year, rival gatherings like WLFI’s Mar‑a‑Lago forum, and tighter budgets cut global attendance. AI × crypto became the main story, with Futurllama tracks, Sentient’s Open AGI Summit, and robotics projects making the venue feel closer to an AI expo than a DeFi show. The BUIDLathon stayed builder‑centric but with prize pools slashed from roughly $1.03m to $132k, messy…

Holders of the $TRUMP token will have another opportunity to dine with the U.S. President after the company behind the token announced a “gala luncheon” with Donald Trump set for late next month. The luncheon, scheduled for April 25, comes just under a year after token holders were invited to a previous dinner with Trump. That one was open to the top 220 holders of the token, while this new one will bring in 297, with 29 invited to a VIP tour of Mar-a-Lago, the event venue, the issuer of the token said Thursday.”Join 18 global giants at one of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price continues to face downside pressure, but demand and adoption have not died down in certain areas of the market, especially the ETH treasury. Digital asset treasury has become a key part of the market since it was introduced, and the ETH treasury has grown exponentially, breaking records. Ethereum Treasury Accumulation Reaches Historic Milestone Amid ongoing volatile market conditions, the Ethereum treasury is turning heads, attracting a significant wave of demand and interest from corporate firms. After recent moves by multiple financial behemoths to own an…