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Binance Square: Complete Tasks in the #CreatorPad to Unlock $100,000 in $PROVE Token Rewards!#BinanceAlphaAlert #ETH4500Next? #CryptoIn401k 

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Ether nears all-time high amid growing corporate adoption. $ETH Corporations and publicly traded firms are increasingly adopting Ether as a secondary treasury reserve asset, which saw the Ether price rise over 21% during the past week, to trade at $4,408 at the time of writing. $BNB Ether is now trading 9% below its old all-time high of 4,890 recorded in November 2021, Cointelegraph data shows. “Wall Street firms and the broader TradFi world are just warming up to the idea of Ethereum as a treasury reserve asset,” Gracy Chen, CEO of crypto exchange Bitget, told Cointelegraph. Growing interest in real-world asset tokenization has reignited a renewed interest in Ether as a secondary reserve asset next to Bitcoin, added Chen. #ETHTreasuryStrategy #DeFiGetsGraded #CPIWatch #BTCHashratePeak #ETHTreasuryStrategy

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SharpLink has raised about $1.4 billion in gross proceeds to date from more than 71.5 million shares sold, the filing shows $BTC BitMine’s offering comes the same day as corporate crypto treasury firm SharpLink completed a $389 million capital raise from common stock shares sold for select institutional investors, according to another SEC filing. “We intend to contribute substantially all of the cash proceeds that we receive to acquire ETH,” the filing said. $ETH Part of the $389 million net proceeds will also be used for “working capital needs, general corporate purposes, operating expenses, and core affiliate marketing operations,” SharpLink said. #DeFiGetsGraded #CPIWatch #BTCOvertakesAmazon #BTCReclaims120K #ETH4500Next?

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BitMine targets huge $24.5B raise as SharpLink boosts Ether war chest. $ETH Corporate Ether buying accelerates as BitMine and SharpLink raise cash, with ETH nearing record highs and institutions targeting a larger share of supply. $BTC The corporate Ether acquisition race is accelerating as the world’s two largest Ether treasury firms are raising capital to acquire more of the world’s second-largest cryptocurrency, which is nearing its previous all-time high. $BNB Public Bitcoin mining firm BitMine Immersion Technology is looking to raise $24.5 billion through a new at-the-market (ATM) stock sale offering to acquire more Ether tokens, according to a Tuesday US Securities and Exchange Commission filing. #ETH4500Next? #CryptoIn401k #BitcoinSPACDeal #CPIWatch #DeFiGetsGraded

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Ether back on an upswing. $ETH Ether has seen a comeback to near its all-time high after months of lagging behind Bitcoin. $ETH has traded flat over the past day, but has gained 44.5% in the past 30 days — climbing from below $3,000 to highs of above $4,300 on Monday, per CoinGecko. $BTC It’s currently trading at $4,278, just over 12% off its all-time high of $4,878 it hit on Nov. 10, 2021. #ETHTreasuryStrategy #BTCReclaims120K #BTCOvertakesAmazon #ETH4500Next? #CryptoIn401k

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SharpLink raises almost $1 billion in a week. $BTC The company has raised almost $900 million over the past week, which SharpLink co-CEO Joseph Chalom said “underscores the market’s confidence in SharpLink’s ETH treasury strategy.” He added: “The speed and scale of these investments reflect not only investor trust in SharpLink, but also the growing recognition of Ethereum’s transformative potential.” $ETH On Thursday, SharpLink said it made a $200 million share purchase deal with four unidentified institutional investors. Days earlier, on Aug. 5, it said it raised $264.5 million in net proceeds through an at-the-market offering. $BNB SharpLink said in its latest announcement that it has about $200 million in at-the-market proceeds that it’s yet to use. #BitcoinSPACDeal is #ETH4500Next? #CPIWatch #ETHTreasuryStrategy

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