Ethereum Faces $30M Liquidation Amid $1B Wipeout
An ETH$29.1M liquidation on Hyperliquid led a $1.19B wipeout as 90% of liquidations hit longs, with $448M in ETH and $278M in BTC affected. #Update #Crypto $ETH
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An ETH$29.1M liquidation on Hyperliquid led a $1.19B wipeout as 90% of liquidations hit longs, with $448M in ETH and $278M in BTC affected. #Update #Crypto $ETH
@REX_Osprey has launched the first US Ethereum Staking ETF, ESK, blending spot $ETH with staking rewards, distributing proceeds fully to investors. This comes amid declining inflows into Ethereum ETFs. #Update #Crypto $ETH
The first U.S. staking Ethereum ETF, REX-Osprey™ ETH + Staking ETF ($ESK), is now trading, offering investors access to $ETH price exposure and staking rewards. Grayscale plans to stake 1.5M $ETH following recent transfers. #Update #Crypto $ETH
Ethereum tests $4,000 support amid 400K ETH inflows into accumulator addresses, signaling long-term conviction despite short-term pressure. #Update #Crypto $ETH
Ethereum’s $ETH struggles near $4,000 amid low ETF demand and macroeconomic uncertainties. Price needs to break $4,200 for bullish momentum. #Update #Crypto $ETH
M2 Capital invested $20 million in @Ethena’s ENA token, coinciding with the protocol’s total value locked nearing $15 billion amid increasing institutional interest. #Update #Crypto $ENA
@SharpLinkGaming plans to tokenize its equity on the Ethereum blockchain via @Superstate, aiming for compliance and potential trading on decentralized exchanges. $ETH drops below $4,000. #Update #Crypto $SBET
SharpLink Gaming will tokenize its SEC-registered common stock on Ethereum using Superstate’s platform, aligning with the SEC’s Project Crypto initiative. $ETH is trading at $3,968, down 5%. #Update #Crypto $ETH
Mechanism Capital’s Andrew Kang criticized Tom Lee’s Ethereum thesis on X, challenging its financial logic and market assumptions. ETH trades near $4,000. Crypto $ETH
Ethereum co-founder Vitalik Buterin highlights Peer Data Availability Sampling (PeerDAS) as essential for managing blob storage demands, with Ethereum’s blobs per block increasing to six. #Update #Crypto $ETH
UAE-based M2 Capital invests $20 million in Ethena Labs’ ENA token to connect Middle Eastern investors with digital asset opportunities, following previous institutional interest. #Update #Crypto $ENA
M2 Capital Limited invested $20 million in Ethena’s governance token, ENA, aiming to enhance digital asset access for Middle Eastern investors amid regional regulatory advancements. #Update #Crypto $ENA
Gate unveils a layer 2 network with GT as the exclusive gas token, enhancing scalability and ecosystem development. $GT holds a nearly $2B market cap. #Update #Layer2 $GT
FalconX executed the first forward rate agreements tied to Ethereum staking yields, offering institutions a new way to manage exposure amid record demand. #Update #Crypto $ETH