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Tag: Ethereum

Geopolitical Jitters Hit Crypto: How Israel-Iran War Fears Impact Bitcoin and Beyond

Market Plunge: The crypto market shed 7% of its value, falling to $3.3 trillion, after Israel’s airstrikes on Iran on June 13, 2025. Key Declines: Bitcoin BTC dropped 5% to $103,464, Ethereum ETH fell 10% to $2,471, and altcoins like Solana SOL saw losses up to 11%. Liquidations Surge: $1.2 billion in crypto positions were liquidated as investors shifted to safe-haven assets like gold and U.S. Treasuries. Geopolitical Driver:...

Bitcoin, Cryptocurrencies, Ethereum, Front page, News

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Bitcoin Payments Get Green Light in California

The California State Assembly passed AB 1180 with a unanimous 68-0 vote, allowing the state to accept payments in Bitcoin and other digital currencies. The bill, described as a “first-of-its-kind” initiative by Assemblymember Avelino Valencia, now heads to the Senate for further deliberation. This move could set a precedent for cryptocurrency adoption across the U.S., potentially influencing other states to follow suit. In...

Bitcoin, Crypto adoption, Cryptocurrencies, Ethereum, Front page, News

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Ethereum ETFs Surge, Price Patterns Hint at Rally

Ethereum (ETH) is flexing its muscle today, rallying 5% to surpass $2,600 while Bitcoin (BTC) remains flat. A key driver is the robust performance of spot ETH ETFs, which recorded an unprecedented streak of positive inflows from May 16 to May 30, amassing $550 million, per SoSoValue. This sustained capital influx signals growing investor confidence, possibly tied to ETH’s dominance in smart contracts and long-term bets on its scalability. The...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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Can Ethereum Reclaim Its Glory? 2025’s ETF Surge and Tech Upgrades

ETF Inflows Surge: U.S. spot Ethereum ETFs recorded $2.1 billion in inflows in December 2024, nearly doubling November’s figures, with $13 million added in a single week in May 2025. Pectra Upgrade: The recent Pectra upgrade enhances scalability and user experience, doubling Layer-2 capacity and raising the staking cap to 2,048 ETH. Price Recovery: Despite a 46% year-to-date price drop, ETH surged 43.6% in a week in May 2025, with...

DeFi, Ethereum, Front page, News

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Bitcoin and Ethereum Lead 2025’s $7.5B Crypto Fund Rally

Record Inflows: Digital asset funds saw $785M in inflows last week, marking five consecutive weeks of positive flows, with a year-to-date total of $7.5B. Bitcoin Dominance: Bitcoin led with $557M in weekly inflows, while Ethereum attracted $205M, boosted by the Pectra upgrade. Institutional Appetite: Exchange outflows, like $1B in Bitcoin withdrawn from Coinbase, signal strong institutional buying, per Bitwise analyst André...

Bitcoin, ETF, Ethereum, Front page, News

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