Ethereum: SPXA Tokenized Fund Launches on Base
Centrifuge launched SPXA, the first licensed tokenized S&P 500 index fund, on Base Ethereum Layer 2, enabling 24/7 trading and DeFi integration. #Update #Finance
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Centrifuge launched SPXA, the first licensed tokenized S&P 500 index fund, on Base Ethereum Layer 2, enabling 24/7 trading and DeFi integration. #Update #Finance
REX-Osprey launches ESK, the first US Ethereum staking ETF, offering direct $ETH exposure and staking rewards without infrastructure management. #Update #ETF $ETH
Ethereum’s rare RSI signal suggests a potential surge to $8,000. Analysts highlight this as a significant indicator for $ETH. #Update #Crypto $ETH
Bitcoin exchange-traded funds (ETFs) saw a $418 million outflow, while ether ETFs experienced $248 million in redemptions, totaling over $660 million in outflows. #Update #Crypto $BTC
Dormant Ethereum wallets holding $785M in ETH reactivated after 8 years, with funds originally from Bitfinex. Significant whale movement suggests potential market impact. #Breaking #Crypto $ETH
Publicly traded companies are accumulating Ethereum, with BitMine Immersion Technologies leading, holding 2.4M ETH worth $9.6B. SharpLink Gaming and Coinbase also hold significant reserves. #Update #Crypto $ETH
Cyber Hornet Trust seeks SEC approval for three ETFs combining S&P 500 stocks with $ETH, $SOL, and $XRP futures in a 75/25 allocation with a 0.95% fee. Crypto
SWIFT collaborates with Linea to test onchain messaging and develop an interbank settlement token, marking a significant move towards blockchain integration in global finance. #Update #Blockchain
A dormant Ethereum whale moved 200,000 $ETH worth $800M into staking, avoiding exchanges. The whale holds 736,316 $ETH valued at nearly $3B. #Breaking #Crypto $ETH
Two dormant Ethereum wallets transferred 200,000 ETH worth over $785 million after eight years, linked to an early Bitfinex user. Increased interest from major players in $ETH noted. #Update #Crypto $ETH
Ethereum struggles below $4,060 after bouncing from $3,800, sparking debate over potential recovery or drop to $3,600. Analysts highlight weak market sentiment. #Update #Crypto $ETH
Wall Street’s adoption could trigger a “supercycle,” boosting $ETH prices beyond the typical four-year cycle, as noted by the largest corporate holder of Ether. #Update #Crypto $ETH
Ethereum’s developers plan to raise the gas limit to 60 million during the Fusaka upgrade, with testnet activations starting in October and mainnet release expected soon after. #Update #Crypto $ETH
Bitcoin ETFs see $258M outflow, Ether loses $251M as heavy exits from Fidelity and Bitwise dominate. #Update #Crypto $BTC