Ethereum News

Ethereum News

Finance

Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether

The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Markets

Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in mid-2025 and made the company the world's largest Ethereum treasury.

Tom Lee on the Mainstage at Consensus Miami 2026

Finance

Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth

The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve economics.

Steven Goldfeder, CEO of Offchain Labs, the primary developer behind Arbitrum, speaks Thursday at ETHDenver. (Danny Nelson)

Markets

Ether's bitcoin-beating Q3 rally came with a catch. Liquidity thinned.

Ether beat bitcoin in the third quarter, but its market liquidity got thinner, according to Coingecko.

Liquidation (Claudia Wollesen/Pixabay)

Tech

Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.

(Tim Mossholder/Unsplashed)

Markets

Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume

Citi also raised its 12-month target for ether from from $2,240 to $3,028.

Citi building. (Photo: Declan Sun-Unsplash/Modified by CoinDesk)

Tech

Ethereum users get another way to pay privately as zk.money returns after three years

The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.

Graphic showing ethereum symbol on a grid with screens. (Ethereum)

Finance

Cathie Wood's ARK teams with Securitize to tokenize venture fund with OpenAI, Anthropic stakes

The ARK Venture Fund is bringing exposure to sought-after private tech companies onchain through Securitize, first on Ethereum then potentially expanding to other chains.

Ark Invest CEO Cathie Wood

Finance

Bitmine bought $75 million ether as Tom Lee says institutions are still underweight crypto

The largest Ethereum-centric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto exposure.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Tech

Ethereum, Base give up on common wallet standard after months of talks

Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

A person opening up a traditional wallet.