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Day: July 23, 2025

cryptocurrency July 23, 2025

A massive $1.7 billion worth of ETH has been pulled from Aave over the past week. Aave community members believe Tron founder Justin Sun withdrew at least $600 million, sparking a cascade of market reactions. Advertisements The large exit led to a sharp drop in ETH liquidity on Aave.  Ethereum Whale Movement Causes Sharp Drop […]

cryptocurrency July 23, 2025

Recent developments suggest positive developments toward in-kind creations for crypto ETFs (exchange-traded funds) after major providers filed amendments. Advertisements The US SEC (Securities and Exchange Commission) initially approved cash redemptions for Bitcoin and the Ethereum ETFs. Wall Street Set to Benefit as SEC Inches Closer to In-Kind Crypto ETF Approval Major providers filed amendments for […]

cryptocurrency July 23, 2025

Skycorp Solar Group Limited (PN), a Chinese manufacturer of solar cables and connectors, saw its shares climb 8.39%, following the company’s announcement that it plans to buy Ethereum (ETH) as part of its long-term digital asset treasury management strategy. Advertisements The announcement comes amid growing institutional interest in Ethereum. Public companies worldwide are ramping up […]

cryptocurrency July 23, 2025

Ethereum (ETH) has experienced unprecedented demand over the last several weeks, amidst a surge in institutional interest. Based on this, Bitwise CIO Matt Hougan warns of a looming historic price shock. Advertisements Meanwhile, the Ethereum price remains shy of the $4,000 psychological level, a threshold last tested in mid-December 2024. Ethereum Faces Historic Demand Shock […]

cryptocurrency July 23, 2025

Ethereum price started a fresh increase above the $3,720 zone. ETH is now showing bullish signs and might continue to rise toward the $3,850 zone. Advertisements Ethereum started a fresh increase above the $3,720 level. The price is trading above $3,670 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming […]