Bitwise CIO points to demand shock driving ETH higher
Ethereum institutional demand is driving strong price gains, with corporations and ETPs buying more ETH than new supply issued. The post Bitwise CIO points to demand shock driving ETH higher appeared first on Crypto Brie...
Ethereum institutional demand is driving strong price gains, with corporations and ETPs buying more ETH than new supply issued.
The post Bitwise CIO points to demand shock driving ETH higher appeared first on Crypto Briefing.
Original source
Read on Crypto BriefingRelated market context
XRP aims for $0.90 as ETF demand battles selling pressure from whales
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market...
Israel prepares military options against Iran’s nuclear program as crypto markets feel the shockwaves
Geopolitical tensions over Iran's nuclear program highlight the vulnerability of highly leveraged markets, impacting global financ...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails
TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations....
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...