Ethereum enters new era as financial institutions build on network

Industry data shows trading activity and market value accelerating as crypto companies and traditional financial institutions expand tokenized equity initiatives.

The post BNB Chain makes 1,000,000 TPS moonshot bet on AI as BNB price slips to 2024 lows appeared on BitcoinEthereumNews.com. Binance-backed BNB Chain is restructuring its underlying architecture and setting a long-term goal of processing 1 million transactions per second while integrating protocol-level privacy. The strategic pivot aims to capture two distinct yet demanding emerging markets: traditional financial institutions and the nascent sector of autonomous artificial intelligence agents. This aggressive technical roadmap arrives at a critical juncture for the network, which has faced notable headwinds in the past year. Data from CryptoSlate shows that the network’s native token, BNB, has tumbled more than 35% this year to $563, its lowest valuation since October 2024. Furthermore, its network activity has also trailed some rivals, with BNB Chain transactions declining 12.5% in the first quarter of the year while Solana and Ethereum posted gains of 46.4% and 38%, respectively. T

The post Bitmine Buys 42,197 ETH, Now Holds 4.8% of Ethereum Supply appeared on BitcoinEthereumNews.com. Key Insights: Bitmine added 42,197 ETH in a week, lifting holdings to 5.74M ETH. Its ETH holdings now represent about 4.8% of Ethereum’s circulating supply. Ethereum is currently trading at $1,757, keeping Bitmine exposed to price swings. Bitmine Immersion Technologies has expanded its Ethereum treasury after acquiring 42,197 ETH over the past week. The latest purchase lifted the company’s total Ethereum holdings to 5,742,237 ETH, equal to 4.8% of Ethereum’s circulating supply of 120.7 million ETH. The update places Bitmine at the center of fresh Ethereum news as its long-term crypto accumulation strategy continues through 2026. Bitmine Expands Ethereum Holdings Bitmine said its total crypto, cash, marketable securities, and “moonshots” holdings reached $11.1 billion as of July 5, 2026, at 6:30 p.m. ET. The company’s crypto reserves included 5,742,237 ETH, valued at $1,800 per ETH,

The post LAB token weekend gains evaporate after extreme price swings trigger 82% correction appeared on BitcoinEthereumNews.com. The multi-chain trading terminal and infrastructure token LAB saw an 82% correction over the past 24 hours. On Monday, July 6, the token was trading above $15 and reached a local high of $17.68. Measured from Saturday, July 4, the move beyond $17 represented a 205% gain in just over two days. This pump did not last. In the 48 hours since Monday’s high, just over 85% in value has been erased from LAB. The immense selling pressure stemmed from aggressive profit-taking as the first token unlock, set for July 14, drew closer. Source: Bubblemaps on X Visual analytics platform Bubblemaps noted in a post on X that early LAB investors were still up by $500 million, at least on paper. Yet, the looming first unlock could incite further selling. Source: X Onchain investigator Zetoshi observed an influx of LAB tokens onto centralized exchanges. The X post also mentioned

Hoskinson argues Cardano's years of research deserve recognition as Ethereum explores similar technical approaches.

The post Ethereum Faces $1,800 Wall as 4.3M ETH Holds Key to Next Major Price Breakout appeared on BitcoinEthereumNews.com. Ethereum tests $1,800 resistance as 4.3M ETH sits near the level, with $1,980 and $2,079 next if reclaimed. Ethereum is testing the $1,800 resistance area after gaining about 10% over the past week. Market data shows this level remains a major supply zone for ETH. According to the UTXO Realized Price Distribution, about 4.30 million ETH changed hands for nearly $1,800. This makes the area a key level for the next Ethereum price move. A clear reclaim of this zone could open a move toward $1,980 and $2,079. However, another rejection may shift attention toward lower support levels. The latest rally has come with limited growth in open interest. That suggests spot demand has supported the bounce more than fresh leverage. Ethereum Tests Major $1,800 Resistance Ethereum’s $1,800 level remains the main barrier for buyers after the recent weekly gain. The zone carries he

The post Bitcoin Stalls as Ethereum Flashes Worst Weekly Signal in Years: Analysis appeared on BitcoinEthereumNews.com. In brief Bitcoin fell 2.89% this week, closing at $61,749 after failing to break resistance in the $64–65K range—the key zone bulls needed to reclaim to change the short-term narrative. Ethereum confirmed a weekly death cross for the first time in years, with its 50-week EMA now below its 200-week EMA, and prediction market traders now pricing a 72.3% chance ETH hits $1,500 before it sees $3,000 again. The broader crypto Fear & Greed Index sits at 23 (extreme fear), spot Bitcoin ETFs just ended a 10-day, $2.7 billion outflow streak. The crypto market enters the second week of July in rough shape. Bitcoin is holding on, but just barely, in the low $60,000s after briefly touching 21-month lows under $58,000 last week. Ethereum is below $1,750, down around 4% on the day, and more than 30% in the last year. The broader market is down, of course, and altcoins are down hard

Bitcoin is looking slightly more optimistic but failed the breakout everyone was watching. Meanwhile, ETH just printed a weekly death cross for the first time in years.