Ethereum trades in macro shadow as semiconductor rally signals renewed risk-on spillover

Schwab Crypto is rolling out spot bitcoin and ethereum trading for selected retail clients through Schwab-linked accounts. The offer includes 24/7 support, education, research, and pricing at 75 basis points on each trade’s dollar value. Schwab Crypto Begins Retail Rollout Financial giant Charles Schwab announced on May 12 that Schwab Crypto accounts are now being […]

While the price of Ethereum may have slightly pulled back, the underlying structure and fundamentals continue to show signs of strength. At the same time, the ETH network is demonstrating robust performance as transaction activity sees a steady increase across the blockchain. Growing Network Strength Pushes Ethereum Back Into Focus Ethereum’s recent upward momentum in […]

A dormant ethereum genesis address holding 790 ETH since block zero was activated on Wednesday, moving roughly $1.78 million after more than a decade of complete inactivity. Dormant Ethereum Genesis Address Moves 790 ETH Worth $1.78M After 10.8 Years of Inactivity The address, labeled on Etherscan as a “Genesis Address” and identified by the string […]

A crypto analyst has said that XRP’s current low price won’t remain the same forever. Despite also being a blue-chip cryptocurrency like Bitcoin and Ethereum, XRP is currently trading at a level where anyone can buy large amounts of tokens without significantly altering their personal finances. While buying one Bitcoin costs over $80,000 and one […]

The post Ethereum Could Breakout Soon: But in Which Direction? appeared on BitcoinEthereumNews.com. Ethereum’s price behavior is throwing up mixed signals that leave analysts undecided. The $2,300 level appears to be Ethereum’s pivot with significant roadblocks on both sides. Whales and institutions are making contradicting moves regarding Ethereum’s future. There are mixed signals around Ethereum’s price, suggesting the cryptocurrency may be trading at a critical level. TradingView’s data show that ETH has traded within a tight range that pivots at $2,300, with strong areas above and below this mid-point. Technical analysts are basing their ETH predictions on the cryptocurrency’s ability to breakout on either side of the pivot.  Analysts Agree on Ethereum’s Pivot Crypto analyst Ted Pillows thinks a confirmed break below $2,250 could pressurise ETH into a bearish narrative and force a move to lower price levels. In his latest post on X, Pillows highlighted Ethereum’s strong regions, re

Animoca-backed NUVA has launched a marketplace connecting $19 billion of tokenized assets from Figure Technologies to Ethereum’s DeFi markets. NUVA, developed by Animoca Brands and Nuva Labs, is now live on Ethereum, giving retail and institutional users access to real-world…

The post JPMorgan Files Tokenized Money Market For Stablecoin Issuers appeared on BitcoinEthereumNews.com. JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest. The “OnChain Liquidity-Token Money Market Fund,” ticker JLTXX, will invest in US Treasury bills and overnight repurchase agreements collateralized by US Treasurys or cash, according to a filing Tuesday with the US Securities and Exchange Commission. JLTXX seeks to comply with the GENIUS Act, a stablecoin-focused law signed in July.  Investors are subject to a $1 million minimum investment, and the fund carries a 0.16% annual fee after waivers. The fund will be managed by JPMorgan’s blockchain unit, Kinexys Digital Assets. The investment bank said the filing would take effect on Wednesday, though it did not disclose when it would launch the fund. Blockchain-based tokenization has attr

The post Bitcoin and Ethereum ETFs Shed $364 Million as Fidelity and BlackRock Lead Outflows appeared on BitcoinEthereumNews.com. Monday was not a day of accumulation for the largest crypto spot ETFs in the United States. After weeks of mixed flows and uneven institutional demand, May 12 delivered a sharp combined net outflow of $364 million across Bitcoin and Ethereum products. The numbers strip away the narrative of steady institutional buying and raise questions about short-term conviction among traditional finance allocators. According to data from SoSoValue, the original report details that Bitcoin spot ETFs alone bled $233 million. Fidelity’s FBTC absorbed the heaviest hit with $86.13 million in net redemptions. That single-fund outflow is notable because Fidelity has been one of the more resilient issuers since the January 2024 launch, consistently attracting flows even when rivals like Grayscale lost assets. A nearly nine-figure daily exit from FBTC suggests that even the stalw