Ethereum (ETH) staking levels continue to break records, with the latest snapshot of the blockchain showing nearly 36.1 million ETH staked on the network – the highest level in history. Ethereum Staking Hits New ATH, Will Price Follow? According to a CryptoQuant Quicktake post by contributor XWIN Research Japan, close to one-third of Ethereum’s circulating supply is now staked. This high proportion suggests that ETH may be on the verge of a structural supply shock. Related Reading: Ethereum Average Daily Outflow Hits 40,000 ETH Amid Rising Buying Pressure – Details The following chart shared by the analyst shows that even during sharp corrections in 2022 and 2023, staking levels continued to climb. Unlike speculative flows, which often exit the market during downturns, staking activity has proven “sticky” – with investors choosing to lock ETH into the network rather than liquidate. Staking ETH carries several key implications. First, it compresses supply – as more ETH is staked, less liquid supply remains on exchanges, creating a natural “supply shock” that amplifies demand-driven price moves. Similarly, it shows the priorities of investors. By staking ETH, investors essentially work as long-term participants. In this way, they align their incentives with network security and yield instead of short-term trading. ETH’s recent rally to $4,500 also coincided with record staking levels, creating a feedback loop – higher prices attracted institutional inflows from custodians, exchange-traded funds (ETG), and whales, while reduced liquid supply added further upward pressure. ETH’s Transition Into An Institutional Asset ETH ETFs now hold more than $300 billion in reserves, while asset managers such as BlackRock are actively accumulating. This underscores Ethereum’s transition from a speculative asset to a yield-bearing, institutionally supported infrastructure layer. Related Reading: Can Ethereum Really Hit $20,000 This Cycle? Analyst Maps The Path U.S.-based spot ETH ETFs also enjoyed a long streak of positive inflows, lasting from the week ending May 16 through the week ending August 15. Commenting on this shift, XWIN Research Japan noted: Ethereum’s all-time-high staking levels reveal its underlying strength: while Bitcoin faces selling dominance in taker metrics, ETH is experiencing structural supply reduction. This divergence highlights Ethereum’s growing role not just as a crypto asset, but as the backbone of tokenization, DeFi, and RWA adoption. Similar sentiments were recently echoed by Tom Lee, the co-founder of Fundstrat Global Advisors. Lee noted that ETH is getting closer to becoming the backbone of global markets. That said, some risks remain. For instance, ETH price is still lagging despite ATH in daily network transactions. At the time, the analyst said that ETH was likely still in the accumulation phase. Similarly, the recent price pullback in ETH after creating a new ATH over $4,900 shows how recurring liquidation cycles are shaping ETH’s price action every week. At press time, ETH trades at $4,606, up 2.5% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Google Cloud’s Web3 head used a LinkedIn post to brand the company's upcoming Universal Ledger as a neutral blockchain for financial institutions.
Cronos is surging in price, hitting a three-year high after President Trump's media company said it would build a CRO treasury.
Bitcoin (BTC) trades in a precarious position near $112,000, caught between key technical levels that could determine its next major directional move following a pullback from the $124,000 all-time high reached two weeks ago. According to an Aug. 27 report by Glassnode, BTC faces immediate resistance at $113,700, which aligns with the three-month cost basis […]
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Online gamblers are betting Bitcoin will dip below $100,000 while analysts try to understand how it could happen.
Union Square Ventures led the $15-million seed round in The Clearing Company, which will compete with Polymarket and Kalshi.
A plan to halve Tron’s energy costs is winning strong support ahead of Friday’s deadline, with backers betting lower fees will expand adoption.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Solana’s price action is showing fresh signs of strength as bulls reclaim key technical levels. With momentum building around critical support and resistance zones, traders appear to be positioning for the next leg higher. The chart setup suggests renewed upside potential, but overbought signals hint that caution may still be warranted. Solana Breaks Above 200 SMA, Extending Bullish Momentum Gemxbt, a crypto analyst on X, recently highlighted Solana’s strong bullish trend as the asset pushed above the 200-day Simple Moving Average (SMA). This key technical breakout signals renewed strength in SOL’s price action, placing the cryptocurrency in a favorable position to extend its upward momentum. The break above this long-term indicator often attracts bullish sentiment, as it suggests the broader trend is shifting toward recovery and growth. Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target According to Gemxbt, Solana’s chart is now showing clear technical levels to watch, with immediate support around $195 and resistance forming at the $210 mark. These zones are crucial for traders, as they define the short-term battleground between buyers and sellers. A sustained hold above $195 would reinforce the bullish structure, while a decisive break above $210 could open the door for further gains. The analyst also pointed out that momentum indicators are aligning with the bullish case. SOL’s MACD has confirmed a bullish crossover, strengthening the outlook for continued upside. At the same time, the Relative Strength Index (RSI) is approaching overbought levels, hinting that the market may be due for a temporary cooldown or pullback before the next move higher. Gemxbt further noted that trading volume has been rising alongside price action, a sign that market participants are actively positioning around Solana. This uptick in volume supports the bullish trend, as it reflects genuine buying interest rather than a weak rally. Pulls Back To Key Zone: Fresh Buying Opportunity Emerges According to CryptoPulse in a recent update, Solana has retraced back to the top of a key zone, creating what the analyst views as a fresh buying opportunity. This pullback brought SOL under the $200 level, an area highlighted as strong value for traders positioning ahead of the next potential move upward. Related Reading: Solana (SOL) Falls Below Support, Will Bears Extend the Decline? CryptoPulse explained that this zone acts as a favorable entry point, offering a chance to average into positions before renewed momentum takes hold. By accumulating gradually at these levels, traders can mitigate risk while still being exposed to the upside potential when Solana regains strength. The update further emphasized that patience will be important, as market momentum is expected to kick back in once SOL stabilizes above this zone. With the broader trend leaning bullish, CryptoPulse suggests that buyers positioning now may be well-placed for the next leg higher in Solana’s rally. Featured image from Adobe Stock, chart from Tradingview.com
BNB Chain reportedly offers between 1.5% and 3% yield for staking its native token BNB, which may sweeten the pot for investors.
Nvidia posted $46.7B revenue and $1.05 EPS in Q2, but shares dropped 4% after hours as Bitcoin stayed flat near $112K.
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The sanctions implicate entities first targeted by the Biden administration for their role in stealing crypto from American companies via elaborate scams.
Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.
Digital bank VersaBank unveiled plans to expands its blockchain-based Digital Deposit Receipts to the U.S. with regulatory oversight in focus.
XRP has been holding steady in recent days, even as Bitcoin dropped to $110,500 and has struggled to reclaim $112,700 in the past 24 hours. Unlike Bitcoin, XRP has avoided printing a new low and instead bounced around $2.90 to $2.91. According to crypto analyst Captain Redbeard, XRP’s price action is now breaking out of a massive multi-year triangle pattern, and it could be gearing up for another parabolic leg. XRP Breaks Out Of Multi-Year Triangle According to Captain Redbeard’s analysis, which was first posted on the social media platform X, XRP has completed a breakout from a triangle formation. This breakout is very notable, considering it’s a move above a multi-year consolidation structure that has been developing since the last bull cycle. Related Reading: Crypto Analyst Says XRP Bull Run Hasn’t Begun, Sets Course For $37 As noted by Redbeard, “history doesn’t repeat, but it sure does rhyme.” Speaking of history, this exact setup appeared during 2017 before XRP surged to its previous all-time high of $3.4 in 2018. The breakout from such a long-term compression is particularly significant because it suggests that years of sideways movement have now built up enough energy for a strong directional move. The 2-week candlestick price chart he shared shows XRP’s breakout of the triangle in early 2025. However, XRP’s price action in the past few months has seen the crypto consolidating with a parallel channel just above the 1.0 Fib extension level, just like it did in the middle of 2017 after a similar breakout. However, the consolidation pattern is now coming to a close, and if history repeats itself, XRP could be on track for a similar breakout. In terms of a price target, the analyst’s chart projected a run to as high as $27. Golden Retrace Support At $2.90 Captain Redbeard’s analysis captures the macro breakout, and the price target could take years to manifest. However, a shorter analysis of the 4-hour candlestick timeframe shows that XRP must hold firm above $2.90. Related Reading: Analyst Says XRP Is Going To At Least $5 This Year, Here’s When To Buy This context is based on an analysis by crypto analyst CasiTrades. Unlike Bitcoin, which recently dropped to $110,000 and is struggling to reclaim a 0.236 fib retrace at $112,700, XRP has shown greater resilience. The token has held firm around $2.90 to $2.91, which corresponds to the golden retracement level at 0.618 Fibonacci. In Elliott Wave theory, this is the area where a corrective Wave 2 typically finds support before a much stronger upward Wave 3 begins. CasiTrades identified $3.12 as the immediate confirmation point to watch. A clean break above this level would validate the bullish structure and set XRP on course for higher Fibonacci extensions. The projections highlight $4.48 as the next significant resistance zone and $5.40 as the ultimate Wave 3 price target. At the time of writing, XRP is trading at $3.02, up by 3.4% in the past 24 hours. Featured image from Pexels, chart from Tradingview.com
Institutional investors increased their Ethereum (ETH) exposure via exchange-traded funds (ETFs) by 388,301 ETH in the second quarter, with investment advisors commanding the largest share of adoption across traditional finance sectors. According to data shared by Bloomberg ETF analyst James Seyffart, investment advisor firms control $1.35 billion in Ethereum ETF exposure, representing 539,757 ETH and […]
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The software targets market abuse such as insider trading and manipulation across equity and crypto markets.
Fundstrat co-founder Tom Lee laid out a forceful, policy-driven Ethereum bull thesis in an interview on August 26, arguing that a US regulatory pivot, Wall Street’s move to on-chain infrastructure, and institutional demand routed through public “crypto treasuries” set the stage for a sharp fourth-quarter repricing. “In the near term, you know, $5,500 should be happening in the next couple of weeks,” Lee said, adding that by year end ETH “should be closer to $10,000 to $12,000,” with the bulk of crypto’s yearly gains typically arriving in Q4. Ethereum’s ‘1971 Moment’ The brain behind BitMine’s ETH treasury strategy frames 2025 as a structural break comparable to the US dollar’s 1971 break from gold. In his view, Washington’s posture has shifted from seeing crypto as a threat to positioning it as an instrument of financial leadership. “In the last 12 months, there’s been a sea change, partly because of the election, where crypto is no longer considered an enemy… but really part of how the US financial system will get leadership,” Lee said. He pointed to stablecoins—“the breakout product, you know, the chat-GPT moment”—the proposed GENIUS Act and what he called the SEC’s “Project Crypto,” contending these signals show regulators want “Wall Street to use the blockchain to actually make America more innovative and actually spread America’s financial influence around the world.” Related Reading: Ethereum Is Positioned As The Backbone Of AI-Powered Finance, Here’s Why From there, Lee’s thesis centers on Ethereum as the default institutional settlement layer. “Wall Street doesn’t want the fastest chain… They want a reliable chain that they can build upon. Ethereum has had zero downtime in its entire history. So to me, it’s the natural selection.” Calling Ethereum a “fat protocol,” he argued that value accrues at the base layer as tokenization and payment rails migrate on-chain. Citing work “from Mosaics and from Fundstrat,” Lee said that, if the network captures major payment and banking flows, “you get to a network value of $60,000 value per ETH” over a 10- to 15-year horizon. BitMine’s Strategy A substantial part of the conversation focused on the public-equity vehicle he chairs, Bitmine, which he described as an actively managed Ethereum treasury. Lee contrasted holding spot ETH with owning a company that uses capital markets to expand ETH per share. “When Bitmine started… there was only $4 worth of Ethereum held per share,” he said of a July 8 baseline. “As of August 24, we now have $39.84 worth of Ethereum held per share… So the reason we had a 10x in your holdings is because Bitmine is actively managing to grow your Ethereum held per share by using capital markets and attracting the interest of institutional investors.” He argued that this approach can be “anti-dilutive” when executed at an equity premium to net asset value: “If your ETH per share is going up, none of the capital markets is dilution.” Lee added that Bitmine has “a billion-dollar stock repurchase program in place because if the stock becomes too cheap relative to its ETH holdings, it would make more sense to actually buy back stock.” Related Reading: Ethereum Longs at Risk? Analyst Warns of Recurring Weekly Liquidation Pattern On strategy, Lee outlined an ambition to control roughly 5% of staked ETH, claiming a “power law” effect as network importance scales. “If you’re a staking entity that owns 5 percent, then you have a positive influence on future upgrades… [and] one of the most important vectors for when Wall Street wants to build on Ethereum,” he said. With Ethereum’s proof-of-stake mechanics, he asserted that current holdings could generate substantial income: “With the $9 billion worth of ETH held today, that’s about almost $300 million of net income.” Tom Lee’s Macro View Institutional demand, Lee maintained, is finally rotating toward ETH via regulated wrappers and equities, even as many large allocators still underweight it. “Ethereum is still generally not liked by institutions because most have bet on Bitcoin… that’s why Ethereum is probably falling into… the most hated rally,” he said, noting that year-to-date ETH gains of 35 percent have outpaced Bitcoin’s 17 percent.” Lee’s macro overlay extends beyond crypto. He reiterated a constructive equity view contingent on Federal Reserve easing and a cyclical upturn. “If the Fed follows through and begins to cut… and then we get a drop in mortgage rates and the ISM turning up and therefore financials really begin to participate, I think that’s why we get to 6,800 or so on the S&P,” he said. While acknowledging that “September is the month everyone’s going to be worried about,” he characterized any pullback as buyable: “Since 2022… that has always been a dip buying opportunity.” At press time, ETH traded at $4,614. Featured image created with DALL.E, chart from TradingView.com
Circle and financial software giant Finastra announced Wednesday a partnership to integrate USDC stablecoin settlement into the backbone of global banking infrastructure, a move aimed at modernizing cross-border payments long plagued by high costs and delays. The collaboration will connect Finastra’s Global PAYplus (GPP) platform, which processes more than $5 trillion in daily cross-border transactions, […]
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$5 billion in ETH options expire on Friday, possibly opening the door for bulls to push through the $5,000 barrier.
Ethereum's potential surge could significantly impact institutional adoption, positioning it as a key infrastructure in financial markets.
The post Tom Lee says Ethereum could rip to $5,500 in next couple of weeks appeared first on Crypto Briefing.
Hut 8 this week announced plans to grow its energy capacity across four U.S. sites.
Integrating USDC into Finastra’s payments hub aims to cut costs and speed up international transfers.
Ethereum’s rise is accelerating, and the question of whether it will one day surpass Bitcoin in price no longer feels far-fetched but now feels inevitable. While Bitcoin remains the benchmark for digital gold, Ethereum is positioning itself as the backbone of the new digital economy. Why ETH Dominance Could Eclipse Bitcoin In This Cycle Bitcoin has long been referred to as digital gold, but Ethereum could overtake BTC in market capitalization and in price in the near future. An analyst known as Stitch on X has revealed that the key difference lies in Ethereum’s monetary policy. Related Reading: All-Time High For Crypto Market: Ethereum Leads The Charge Above $4,000 One of the reasons ETH could challenge BTC is the disparity in supply. Bitcoin has a fixed supply cap of 21 million coins, while Ethereum currently has around 120 million in circulation, and no fixed cap. However, the sole difference and advantage of Ethereum is the burn model, which is EIP-1559. ETH’s EIP-1559 burn mechanism was introduced with the London upgrade in 2021. This system permanently removes a portion of every transaction fee from circulation, effectively making ETH deflationary. The more activity on the Ethereum network, the more ETH is burned, creating a scenario where more ETH is destroyed than minted. Since the upgrade, 4.6 million ETH, worth about $13 billion, has already been burned. After the implementation of EIP-1559, the new ETH issuance dropped by 88%. For Ethereum to surpass Bitcoin in both price and market cap, several conditions need to align. The first factor highlighted by the expert is the massive institutional inflows, which can outpace supply because of the burn mechanism, thereby pushing prices and strong demand. Furthermore, high network activity is an increase in transactions that leads to more ETH being burned and a tightening in supply. The reduced circulating supply through ETH staking as a validator decreases the liquid supply on the market, creating upward price pressure. From May 2025 to now, Ethereum has been fully deflationary every single day, meaning more ETH is destroyed than issued. The Divergence Between Bitcoin and Ethereum History suggests Ethereum has a pattern of outperformance immediately following Bitcoin market tops. Mercury has pointed out that after Bitcoin peaked in 2017, it later fell nearly -47%, as Ethereum surged 100% higher over the next 30 days. Related Reading: ETF Mania: Bitcoin And Ethereum Funds Hit Record $40 Billion Week In 2021, Bitcoin also topped and dropped -27%, and Ethereum rallied 83% higher within just 30 days. Meanwhile, in 2025, Bitcoin is showing signs of structural weakness, losing Higher-Timeframe (HTF) trends and forming Lower Lows and Lower Highs. However, Ethereum remains strong, sustaining its HTF uptrend and consistently forming Higher Lows and Higher Highs on the daily chart. This divergence is crucial because it shows Ethereum is building strength even as Bitcoin struggles. The ETH/BTC pair reinforces this narrative. Just 17 days ago, Ethereum reclaimed a 944-day downtrend that had represented -75% of underperformance relative to Bitcoin. Reclaiming this trend is a strong indicator that ETH is regaining dominance in the crypto market. Featured image from iStock, chart from Tradingview.com
Blueprynt CEO and Georgetown law professor Chris Brummer said counterfeit cryptocurrencies “hurt everyone involved.”
Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout signals, treasury demand and new institutional validator activity.
Former White House Crypto Director, Bo Hines, currently serving as a strategic adviser at Tether, stated in an interview that he is very confident that the United States government will enact the Bitcoin Reserve Act before the end of 2025. Hines stated that the U.S. government is still interested in accumulating more Bitcoins through budget-neutral …
BlackRock is emerging as the top custodian for Bitcoin and Ether as its ETFs continue to reshape market dynamics in 2025.
The twice-oversubscribed facility underscores rising institutional demand for Bitcoin-backed credit and inflation-resistant yield products.
Chinese fintech company Linklogis has announced a partnership with the XRP Ledger (XRPL) to digitize global supply chain finance, according to a recent statement. The move will see Linklogis deploy its trade finance application on XRPL’s mainnet, a step aimed at scaling blockchain adoption for cross-border settlements. The collaboration is designed to unlock faster circulation […]
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