Ethereum News
8 articles
Sharplink Posts $734 Million Loss as Ethereum Staking Revenue Soars
**Sharplink Posts $734 Million Loss as Ethereum Staking Revenue Soars** Sharplink, the prominent Ethereum-focused investment firm, has reported a staggering $734 million loss for the fiscal year, attributing the dismal performance to the extreme volatility that has come to define the cryptocurrency market. Despite the significant financial setback, the company managed to offset some of the damage through its burgeoning Ethereum staking operations, which saw revenue surge to new heights.
Ether holds $2K as traders make push toward overhead short liquidity
**Ether Holds Steady at $2,000 as Traders Eye Higher Targets** Ether (ETH) has maintained its position above the psychologically significant $2,000 level, signaling renewed confidence among cryptocurrency investors. This resilience comes as traders increasingly turn their attention to the substantial overhead short liquidity, which could serve as a catalyst for further price increases.
Consensys-backed SharpLink reports $734 million loss as ETH holdings climb
**SharpLink Posts $734 Million Loss Amid Growing Ethereum Holdings** SharpLink, the crypto infrastructure firm backed by blockchain giant Consensys, has reported a staggering $734 million loss for the fiscal year ending in 2025. Despite this significant setback, the company has managed to bolster its Ethereum (ETH) holdings, a move that could position it for future growth as the crypto market evolves.
Ethereum Rises to $2,000 as Tom Lee's BitMine Tops Up $9 Billion ETH Treasury
**Ethereum Surges Past $2,000 as BitMine Bolsters Its $9 Billion ETH Treasury** In a move that has captured the attention of the crypto market, Ethereum has surged past the $2,000 mark, marking a 4% increase in value over the past 24 hours. This rebound comes after a brief weekend slump that saw the cryptocurrency dip below the psychologically significant threshold.
Bitmine lifts Ethereum treasury to 4.53 million ETH after adding 60,976 tokens in a week amid ‘mini-crypto winter’
**Bitmine's Strategic Ethereum Accumulation: A Bold Move Amid Market Turmoil** Bitmine Immersion Technologies has made a significant strategic move in the cryptocurrency market, bolstering its Ethereum holdings to a staggering 4.535 million ETH. This accumulation, which represents approximately 3.76% of Ethereum's total supply, was achieved by adding 60,976 ETH to their treasury over the past week.
Banks will run RWAs on two blockchain rails, says RedStone co-founder
**Banks Embrace Dual Blockchain Strategy for Real-World Assets** In a significant shift for the traditional financial sector, banks are increasingly adopting a dual-track approach to managing real-world assets (RWAs) on blockchain, according to Marcin Kaźmierczak, co-founder of RedStone. This emerging trend sees financial institutions leveraging both private blockchain networks, such as Canton, and public chains like Ethereum to optimize their operations.
Ethereum's Pectra Upgrade Goes Live — DeFi TVL Jumps 18% in 48 Hours
The long-awaited Pectra upgrade has been activated on Ethereum mainnet, bringing account abstraction improvements and slashing validator overhead by 40%.
Inside the Quest at Colossus to Replace Visa and Mastercard With KYC-Less Crypto Cards
**Inside the Quest at Colossus to Replace Visa and Mastercard With KYC-Less Crypto Cards** In a bold move to challenge the dominance of traditional payment giants Visa and Mastercard, a small but ambitious firm is making waves in the crypto world. Armed with a "box of goodies" and a lean team of four, this company is setting its sights on revolutionizing the payment landscape with an Ethereum layer-2 solution.