Ethereum Launches Ripple’s RLUSD on L2s
@Ripple is testing its RLUSD token on Ethereum layer 2s Optimism, Base, Ink, and Unichain after its initial launch on the XRP Ledger and Ethereum in 2024. #Update #Crypto $XRP
Ethereum
Ethereum Set to Bottom This Week
Fundstrat’s Tom Lee predicts Ethereum ($ETH) will bottom this week, citing historical trends and current asset ratios. ETH is currently valued at $2,999, down 16% in the past week. #Update #Crypto $ETH (-8) ↘
Ethereum Crashes 9% Amid $670M Liquidations
Bank of America anticipates US banks adopting stablecoins and tokenized deposits under new regulations, with FDIC rules expected by 2026. #Update #Crypto #Stablecoin
Ethereum Crashes Below $3K Volatility Looms
Ethereum’s price fell below $3,000, consolidating losses and facing resistance at $3,120. A further decline could occur if it drops under $2,920. #Update #Crypto $ETH
Ethereum Consolidates Despite Strong Resistance
Ethereum ($ETH) stabilizes post-selloff, trading at $3,156 but remains below descending trendline resistance. Key support holds at $2,905; breakout requires close above $3,400. #Update #Crypto $ETH
Ethereum Launches JPMorgan Chase Money Market Fund
@JPMorganChase launches the My OnChain Net Yield Fund (MONY), a tokenized money market fund on Ethereum, targeting qualified investors with U.S. dollar yields from Treasury securities. #Update #Crypto $ETH
Ethereum: Trust Wallet Launches Zero Swap Fees
Trust Wallet introduces zero swap gas fees on Ethereum, BNB Chain, and Solana through a sponsorship program, reducing transaction barriers with up to four daily swaps. #Update #Crypto $ETH
Ethereum Proposes ZK-Proofs for Social Network X
Vitalik Buterin proposes using Zero-Knowledge Proofs (ZKPs) to enhance transparency in social media algorithms on platform X, potentially applicable to voting systems and governance. #Update #Crypto $ETH
Ethereum Tokenization Expands with JPMorgan Launch
@JPMorgan is launching the My OnChain Net Yield Fund (MONY) on Ethereum with $100M in capital, catering to institutional investors seeking digital finance alternatives. #Breaking #Crypto $ETH
Ethereum Faces Existential Threat by 2030
Ethereum’s annualized revenue plummeted 76% to $604M post-upgrades, while Solana surged to $657M, highlighting a shift in user engagement and economic value #Update #Crypto $ETH
Ethereum Powers JPMorgan’s Tokenized MONY Fund
JPMorgan unveils its Ethereum-based MONY fund, offering tokenized money-market investments to qualified investors, marking a significant step in digital asset adoption. #Update #Crypto $ETH
Ethereum Price Compression Sparks Rally Debate
Ethereum ($ETH) trades near $3,100 amid price compression and mixed signals; institutional inflows grow with $209M in recent ETF investments. #Update #Crypto $ETH
Ethereum Faces Weakness as Support Levels Falter
Billionaire Ken Griffin’s Citadel invests $4.7M in quantum tech, acquiring 51,700 shares of Rigetti Computing ($RGTI) and 122,600 shares of D-Wave Quantum ($QBTS) amid bullish analyst projections. #Update #Crypto $RGTI (+5) ↗
Ethereum Holdings Surge BitMine Nears 4M ETH
BitMine Immersion Technologies acquires 102,259 $ETH, boosting holdings to nearly 4 million tokens and total assets over $13 billion. #Breaking #Crypto $ETH