Ethereum News

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
