
The 4 Crypto Market Movers Everyone’s Watching This Week
This is likely to be an impactful week for the crypto market, as investors focus on key macroeconomic events.
This is likely to be an impactful week for the crypto market, as investors focus on key macroeconomic events.
BitMine recently added 109,485 ETH to its Ethereum stash, bringing its total holding to 1,297,093 ETH, valued at approximately $5.68 billion.
SharpLink Gaming confirmed its position as the second-largest corporate Ether holder after acquiring 728,804 ETH valued at $3.3 billion in Q2 2025.
Ethereum’s market capitalization reached a historic $570 billion milestone, overtaking major corporations like Netflix and Mastercard. The surge follows a 55% monthly rally driven by ETF inflows and corporate treasury purchases.
The anonymous, or as some say, mysterious, 7 Siblings has been selling Ethereum like there’s no tomorrow.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Ethereum surged past $4,360 on Monday, marking its fifth consecutive daily gain amid aggressive corporate treasury accumulation by BitMine and Fundamental Global.
Ethereum price surged 6.5% to $4,330 on August 10 as Fundamental Global unveiled a $5B ETH treasury accumulation plan.
The DeFi TVL patterns are similar to the 2021 altseason, which sent Ethereum to its record high.
Spot Ethereum ETFs recorded over $460 million in inflows on August 8, with BlackRock’s iShares Ethereum Trust (ETHA) leading at $254.7 million.
Ethereum broke through $4,050 resistance on August 8 following Sharplink Gaming’s $200 million direct offering announcement to expand their Ethereum treasury beyond $2 billion.
Buterin said that Ethereum’s long-term success should not be put at risk by reckless borrowing and speculative strategies.
Ethereum falls below $3,700 despite major corporate buys, with market signals hinting at further decline.
Nasdaq-listed SharpLink Gaming purchased 26,192 ETH worth $96 million, taking its total holdings to 464,382 ETH (~$1.63 billion).
Ethereum maintained its $3,802 price level on July 30 despite broader market weakness, supported by its 10-year anniversary celebrations, SEC approval of ETF in-kind redemptions, and surging institutional demand with BlackRock’s ETF now holding over 3 million ETH.
Ethereum News Today
Ethereum is a public blockchain network that gave rise to the most popular altcoin; ether (ETH). The Ethereum platform was developed by Russian programmer Vitalik Buterin in July 2015 and it features smart contracts as well as an open-source nature that avails its users the choice of designing their programs without the interference of third parties or middlemen.
Ethereum’s Ether (ETH) was built on the ERC-20 protocol and it is ranked the 2nd digital currency based on market capitalization which currently stands at over 18.8 trillion USD. The coin serves as the network fees to miners on the Ethereum platform.
On its launch in 2015, there were 72 million ETH tokens pre-mined after its ICO raised over 16 million dollars in 2014. On 13th January 2018, ETH reached an all-time high of over 1,432 USD. Few months after its launch in 2015, ETH’s price dropped to its all-time low of 0.4209 USD on 21 October 2015.
Eth News
Interestingly, users can also create their custom tokens on the Ethereum blockchain network. This unique feature as seen the platform often referred to as the leading decentralized Apps (dApps) and smart contracts platform. Decentralized Apps are run and implemented precisely as programmed after it is set out on the Ethereum network; this makes it hard to censor and reduces their vulnerability to attacks. Ethereum emphases on running software design codes of dApps.
When it comes to decentralized finance in the dApps industry, Ethereum boasts of leading all other blockchain platforms in the number of applications developed. Ethereum has made significant attempts to solve the scalability issues in the crypto space in recent years and appears to be making progress in that regard.
Stay up to date with the latest ethereum news and information on Coinspeaker as we bring you breaking news on ethereum price, market capitalization, wallets, dApps, smart contacts, and its blockchain.