Ethereum Mirrors Stocks Chart as ETH Price Hints at Blow-Off Top Toward $8K

Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’ bullish structure from 1980. Other indicators also hint at gains in Ethereum markets in the coming months. Ethereum’s native token, Ether (ETH), is on the verge of a “final…

Blockchain Compliance, RWAs 10x faster, cheaper than TradFi

Blockchain-based investment products and compliance tools are poised to become more than 10 times faster and cheaper than traditional finance (TradFi) offerings, spurring increased digital asset adoption by financial institutions. Traditional financial compliance products are often fragmented and expensive due to complex manual processes, resulting in billions of dollars in costs. “Compliance is an inefficient…

The Ether Machine to launch largest Institutional ETH Yield Fund

A team of crypto-native researchers and public market experts is preparing to launch what it calls the largest yield-bearing Ether fund targeting institutional investors. The company, called Ether Machine, plans to create a publicly traded vehicle offering institutional-grade exposure to Ethereum infrastructure and Ether (ETH) yield, it announced on Monday. It is co-founded by Andrew…

Ethereum Mirrors Stocks Chart as ETH Price Hints at Blow-Off Top Toward $8K

Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’s bullish structure from 1980. Other indicators also hint at gains in Ethereum markets in the coming months. Ethereum’s native token, Ether (ETH), is on the verge of a “final…

Crypto Traders Swap Bitcoin For Altseason Bets This Week

Bitcoin (BTC) starts the last full week of July in “wait and see” mode as altcoins steal the spotlight. BTC price action continues to consolidate after $123,000 all-time highs, and liquidation levels are making some traders nervous. Price targets, even those held for many months, coalesce around $150,000 for the cycle top. Fed Chair Jerome…

Bank Groups Urge OCC Delay Allowing Crypto Bank Charter Bids

US banking groups have urged the country’s banking watchdog to postpone its decision on crypto companies’ bank licenses until more details about their plans are public, claiming that allowing the bids would be “a fundamental departure” from current policy. The American Bankers Association and other bank and credit union trade groups said in a letter…

Ether RSI’s ‘Buy Signal’ Projects $7K-$10K Cycle Top for ETH Price.

Key takeaways: Ether price has climbed to a six-month high, driven by record ETF inflows and rising network activity.  The RSI buy signal at 40 in April, historically tied to major ETH price rallies, suggests a potential price target of $7,000-$10,000 in 2025. Ether’s (ETH) price rallied toward $3,500 on Thursday, a level not seen…

UK Eyes $7B Seized Bitcoin Sale To Boost Budget: Report

The UK is reportedly eyeing the sale of over 5 billion British pounds ($6.7 billion) worth of seized Bitcoin to help fill a deficit in the country’s budget. The Home Office and the head of the country’s Treasury, Rachel Reeves, are working with law enforcement to sell off its stockpile of seized Bitcoin (BTC) and…

MetaMask Bug Shortens SSD Lifespan, Users Warn on GitHub

Consensys, the blockchain firm behind MetaMask, has confirmed it will be “imminently” releasing a fix for its MetaMask browser extension after users reported it has been writing hundreds of gigabytes of data per day into their solid-state drives, potentially shortening their lifespan.  Speaking to Cointelegraph, a Consensys spokesperson confirmed there has been “usually high disk…

Ethereum Gas Limit Increases As Validators Back Network Expansion

Ethereum’s throughput ticked up on Sunday as more validators signalled their support for increasing Ethereum’s gas limit to 45 million units, which will reduce transaction fees and enable improved network scaling.   Ethereum’s gas limit rose to over 37.3 million units on Sunday, according to Etherscan, up almost 3% from levels late last week, while…