Events

Digital asset treasury firms like BitMine are under pressure as falling ETH and mNAV markdowns convert previous gains into billions of unrealized losses, raising questions about the viability of corporate crypto treasuries and the prospect of increased investor and regulatory scrutiny.

Ethereum is wavering near the critical $3,000 threshold as intense selling, significant liquidations, and fading institutional confidence weigh on the market. However a fresh higher low suggests tentative stabilization leaving upcoming macroeconomic catalysts pivotal in deciding if the downtrend continues or a recovery takes hold.

Digital asset treasury firms like FG Nexus are selling significant Ethereum holdings—despite prior crypto-buy plans—to fund share buybacks and restructure toward crypto treasury and asset tokenization, reflecting mounting pressure as many trade below the value of their on-balance-sheet crypto.

Aztec Network has unveiled Ignition Chain, a programmable, privacy-centered Layer 2 built on Ethereum, which the project says is the first fully decentralized Layer 2 running on the Ethereum mainnet and represents a significant advance for on-chain privacy infrastructure.

Ethereum recently slipped below $3,000 into a key Fibonacci support band around $2,800–$2,900 and briefly hit its lowest level since July. Technical indicators, structural breaks and growing whale accumulation point to a short‑term bounce toward higher liquidity zones, while some analysts project long‑term targets of $15,000–$17,000.

BlackRock has registered the iShares Staked Ethereum Trust in Delaware, signaling preparation of a staking-focused Ethereum ETF. Following its earlier ETH fund, the filing highlights rising institutional demand, the potential for greater returns via staking, and strengthening momentum for staking-enabled Ethereum products in U.S. markets.

Major cryptocurrencies — Bitcoin, Ethereum and XRP — endured steep, retail-driven sell-offs as small wallets offloaded large holdings amid panic. Yet on-chain indicators and analysts view the action as exhaustion rather than systemic collapse, and historically such episodes have often preceded short-term rebounds and buying opportunities.

Ethereum has tumbled sharply to and briefly below the $3,000 mark amid large whale sell-offs and the erosion of critical support levels. Still, historical buy signals, key support areas and bullish analysts like Tom Lee say it may be nearing a long-term bottom despite short-term volatility.

The Ethereum Foundation has released the Ethereum Interop Layer (EIL), now open for testing, to bring together fragmented Layer‑2 networks across the ecosystem. EIL enables seamless cross‑rollup interactions via a single wallet and streamlines cross‑chain transfers for a smoother, more affordable user experience.

Vitalik Buterin has launched Kohaku, Ethereum’s most ambitious native privacy framework and toolset yet, intended to remedy weak wallet privacy UX by enabling more private everyday transactions while still preserving compatibility with regulatory and institutional requirements.

BitMine chairman Tom Lee blames the crypto downturn on stressed market-maker balance sheets rather than weak adoption. BitMine now holds about 3.6 million ETH within roughly $11.8 billion of assets, underscoring tokenization’s rising role, while recent volatility is tied to post-liquidation liquidity shortfalls.

Ethereum has returned to volatile trading, repeatedly probing the $3,000–$3,200 corridor amid a broader crypto downturn, ongoing ETF outflows and failed attempts to regain upside momentum. Despite near‑term selling pressure and liquidation events, on‑chain metrics and real economic use of the Ethereum network continue to grow.

The derivatives unit of Singapore Exchange will introduce regulated bitcoin and ether perpetual futures, becoming the first major Asian exchange to offer exchange-cleared crypto perpetuals. The move aims to meet growing demand from institutional and accredited investors under MAS oversight.

Investor sentiment in crypto remains subdued as Bitcoin and other large tokens slide, with many assets showing flat or negative 12-month returns. Risk appetite across the market is muted, yet XRP has bucked the trend — on-chain payment volume spiked, signaling notable liquidity flows amid the broader downturn.

Tom Lee-led analysts say Ethereum is entering a Bitcoin-like “supercycle,” predicting the token could see explosive expansion and even potentially gain up to 100x over the coming years. They caution, however, that such rapid rises could still include the severe corrections Bitcoin faced during its climb.

BTCS reported record Q3 2025 results with $4.94M revenue and $65.59M net income, driven by a large Ethereum treasury (70,322 ETH) and DeFi integrations like Aave, marking a strong, profitable quarter and showcasing bullish momentum for blockchain-based treasury strategies.

BitMine Immersion, the largest corporate holder of Ethereum, appointed Chi Tsang as its new CEO and added independent directors, signaling a strategic shift in its ETH-focused growth plans, but the stock fell in tandem with Ethereum following the leadership change.

Ethereum is under strong selling pressure, dropping about 10–11% to near $3,130–$3,200, breaking key support and its 100-day moving average. Large players and whales are moving about $1B in ETH, and markets are watching this critical support to see if Ethereum rebounds or continues its bearish decline.

Crypto markets are slumping sharply: Bitcoin and major altcoins like Ethereum and Dogecoin are falling far from their highs, triggering heavy liquidations. Altcoin ETFs are seeing record trading even as prices drop, while investors increasingly favor traditional safe havens like gold amid rising concerns about government stability.

Major Ethereum holders have withdrawn 413,000 ETH worth $1.4 billion from Binance, reflecting long-term confidence and potentially boosting prices. However, Ethereum shows weakness, struggling to stay above key levels, with market uncertainty and selling pressure. Meanwhile, some investors anticipate a short-term rally to $4,000. Sentiment: Mixed.