#2 News Ethereum
ETHPrice of Ethereum (ETH)
Price of 1 Ethereum today (16 August)
$ 1 877.63
Latest news on Ethereum (ETH) now
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XRP Price Jumps 12% Amid Growing Institutional Interest and Options Trading
XRP Surge
XRP has increased by 12% in the last 24 hours, reaching $3.32.
This marks its highest price since July 28, outperforming BTC and...

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Ethereum Price Surges Above $3,800, Eyes $4,000 Resistance
Ethereum Price Update
Ethereum (ETH) has shown a bullish trend, finding support around $3,650 and rising above key levels.
ETH started an...

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BTC Mining Industry Exempt from New Trump Tariffs on Semiconductors
Asia Morning Briefing - Key Market Updates
Manufacturers of bitcoin mining equipment are exempt from new U.S. tariffs on semiconductors due to...

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Dubai Achieves Milestone with VARA's Approval of First Crypto Options License
Dubai has strengthened its position in global crypto regulation by approving its first cryptocurrency options license through the Virtual Assets...

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Bitcoin Climbs Above $117,000 Following Stephen Miran's Fed Nomination
Bitcoin (BTC) has risen above $117,000 after dipping below $112,000 earlier this week. Key factors include:
President Trump's plan to sign an...

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SharpLink Raises $200 Million to Increase Ether Holdings Over $2 Billion
SharpLink Gaming (SBET), a Nasdaq-listed firm, has raised $200 million to increase its ether (ETH) holdings beyond $2 billion. Key details include:
...

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USDC Becomes Leading Choice for Crypto Payroll, Survey Shows
A notable increase in crypto payroll is observed, with 9.6% of surveyed workers receiving part of their salary in digital tokens in 2024, up from 3%...

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Crypto for Advisors Explores Flywheel Effect Driving Current Market Rally
The latest issue of Crypto for Advisors highlights the flywheel effect in crypto markets, as described by Alex Tapscott. This effect illustrates...

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ProShares Launches Ultra CRCL ETF to Double Daily Returns of Circle Stock
ProShares has launched the ProShares Ultra CRCL ETF (CRCA), designed to double the daily performance of Circle's stock. The ETF started trading...

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Ethereum ETFs Experience Record Outflows as ETH Price Faces $3,000 Test
Recent outflows from Spot Ethereum ETFs have reached $465.06 million, marking the largest since their inception, contributing to bearish...

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Chainlink Introduces On-Chain Reserve to Support LINK Token Demand
Chainlink has introduced the Chainlink Reserve, aimed at channeling enterprise demand into its LINK token. Key points include:
The reserve...

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JPMorgan Reports Continued Underperformance in DeFi and Tokenization Growth
JPMorgan's Nikolaos Panigirtzoglou reported that decentralized finance (DeFi) and asset tokenization are experiencing slow growth post-2022 crypto...

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XRP ETF Approval Odds Fall to 62% After SEC Commissioner Opposes Crypto ETFs
The likelihood of approval for spot XRP ETFs has decreased to 62% from 86% following U.S. SEC Commissioner Caroline Crenshaw's opposition to crypto...

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Bitcoin Reaches $116,430 Amid Bullish Market Sentiment
Bitcoin (BTC) reached $116,430, its highest this month, supported by renewed demand for risk assets following disappointing jobs market data. The...

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Dogecoin Enters Longest Period Below All-Time High at 1,550 Days
Dogecoin has surpassed 1,550 days below its all-time high, marking the longest period in its history. Analyst VisionPulsed describes this as a...

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Binance Charity to Airdrop $1.2 Million in BNB to Southern Taiwan Flood Victims
Binance Charity will airdrop up to $1.2 million in BNB to users in southern Taiwan affected by recent flooding. Key points include:
The...
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Crypto Market Sentiment Turns to Greed as BTC, ETH, XRP Gain Traction
Crypto market sentiment has shifted from “Neutral” to “Greed,” with the Crypto Fear and Greed Index reaching 62. Key prices include:
Bitcoin (BTC)...
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Cardano Launches NIGHT Token Airdrop to 30 Million Wallets
Cardano's Midnight Network has launched the NIGHT token airdrop, named the "Glacier Drop," targeting 30 million wallets across eight blockchain...
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Over $1 Million Lost in Crypto Scam Involving Malicious Trading Bots
Over $1 million has been stolen from crypto users through fraudulent smart contracts masquerading as MEV trading bots, according to SentinelLABS....

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Crypto Market Cap Stays Between $3.6T and $3.8T Amid Trader Shift
The crypto market cap is currently between $3.6 trillion and $3.8 trillion, with traders focusing on micro-cap tokens amid warnings of a potential...

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Ethereum Price Recovers Above $3,540, Eyes Move Above $3,740
Ethereum has found support near the $3,540 level and is showing signs of recovery. Key points include:
ETH started an increase above $3,540 and...

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Ethereum Price Drops 4% as Open Interest Reaches $77 Billion
Ethereum (ETH) has declined by 4% over the past week, trading at around $3,598, with a 1% decrease in the last 24 hours. This pullback follows mixed...

BTC Remains in Low-Liquidity Zone Following Post-ATH Correction
Market Overview
Bitcoin (BTC) is stable around $115K, up 1% in 24 hours. The market is experiencing a post-all-time-high correction with low...

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Ethereum Reaches All-Time High of 1.55 Million Daily Transactions
The Ethereum (ETH) blockchain has reached a new all-time high (ATH) in daily transactions, hitting approximately 1,550,000 transactions per day....

Bitcoin Faces Volatility with Potential Short Squeeze Ahead
Bitcoin's price has shown high volatility, briefly approaching its all-time high before dropping to $112,000, influenced by unexpected jobs data....

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11,000 Wallets Claim Over 250 Million NIGHT Tokens in Cardano Airdrop
Cardano's Midnight Network launched the NIGHT token airdrop on August 5, attracting significant participation. Key details include:
Over 11,000...

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Tornado Cash Developer Roman Storm Found Guilty in U.S. Trial
The trial of Roman Storm, co-founder of Tornado Cash, concluded on August 6. The jury found him guilty of operating an illegal money transfer...
Standard Chartered Analyst Says ETH Treasury Stocks Outperform ETFs
Standard Chartered analyst Geoff Kendrick stated that companies purchasing ether (ETH) for treasury strategies present a better investment...

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CEO Highlights $200 Million XRP Stake and Future Institutional Role
Jake Claver, CEO of Digital Ascension Group, discusses XRP’s potential during a livestream celebrating 100,000 YouTube subscribers. He considers XRP...

Institutional Crypto M&A Driven by Policy Changes and Market Dynamics
The financial services sector is increasingly integrating digital assets, signaling a shift toward crypto as a central component of the global...
