Ethereum News

Ethereum News

Markets

Bitcoin slump deepens as most of top 100 tokens fall below key trading signals

Crypto's bear grip squeezes tighter as 75 of top 100 coins trade below 50- and 200-day SMAs.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

Bitcoin plunges below $86,000 as crypto weakness worsens

The curse of the U.S. trading session — in which bitcoin tends to fall as American stocks trade — has hit yet again.

Bitcoin (BTC) price (CoinDesk)

Finance

Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether

The company is likely sitting on about $3 billion in unrealized losses on its holdings of nearly 4 million ether tokens.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Tech

Ripple Expands $1.3B RLUSD Stablecoin to Ethereum L2s via Wormhole in Multichain Push

Ripple said it's testing its U.S. dollar stablecoin on Optimism, Base, Ink and Unichain with more blockchains to be added next year pending regulatory review.

Ripple

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Finance

JPMorgan Launches Tokenized Money Market Fund on Ethereum as Wall Street Moves Onchain

The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin Templeton and Fidelity.

JPMorgan building (Shutterstock)

Markets

Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

"Powell is threading the needle between their two mandates," said one analyst.

Bitcoin (BTC) price on Dec. 10 (CoinDesk)

Finance

Superstate Rolls Out Direct Stock Issuance for Public Companies on Ethereum, Solana

SEC-registered firms can sell their own shares directly on blockchain rails to investors, raising funds in stablecoins.

Robert Leshner, CEO of Superstate (Superstate)

Markets

Ether Surges 8%, Outpacing Bitcoin Gains Amid Staking ETF, Tokenization Optimism

BlackRock's filing for a staking ether ETF earlier this week has contributed to ETH's relative strength to bitcoin, one market strategist noted.

Ether (ETH) price on Dec. 9 (CoinDesk)

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Markets

SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says

Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.

The letters SGX, the exchanges logo, standing on a wall.

Tech

ZKsync Lite to Shut Down in 2026 as Matter Labs Moves On

The company framed the move, happening in early 2026, as a planned sunset.

Sunset in San Salvador. Credit: Ricky Mejia, Unsplash