🔥 Top Ethereum News
1. Eth-focused miners go big
BitMine Immersion announced a $250 million capital raise to purchase Ethereum and pivot its treasury strategy—causing its stock to surge 3,000% in just five days 🪙 .
2. Bitcoin & crypto ETFs boost altcoins
Institutional inflows into crypto ETFs have driven Ethereum up ~5–7% recently. This wave of ETF momentum (Bitcoin ETFs nearing $50B in inflows) signals growing mainstream acceptance that could sustain ETH’s strength .$BTC
3. Miners shift focus from BTC to ETH
Bit Digital has sold its Bitcoin stash and is now accumulating 100,000 ETH, reflecting a strategic shift in mining portfolios .
4. Whale alert 🚨
A “massive whale” moved about $237M worth of ETH to exchanges recently—market watchers say this could trigger a 25% price drop if selling pressure follows .
5. Technical hurdle at $2,600–$2,800
Ethereum is trading in a rising triangle (~$2,300–$2,600). A breakout above $2,600–$2,800 could spark a sharp rally; failure to hold above $2,400 may push ETH toward $2,200 .
6. Institutions eye ETH rebound
Some analysts believe Ethereum is undervalued compared to Bitcoin and could gain momentum if staking-friendly, spot ETFs are approved and mainstream players re-enter .$SOL