Ethereum Price Hits $5,000: Latest Market Trends and Insights

VTB, Russia’s second-largest bank by assets, will let clients buy and sell cryptocurrencies directly via brokerage accounts starting next year, expanding beyond its current derivatives exposure.

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Binance traders’ ETH exposure has climbed as the exchange’s leverage ratio reached a record high while ether reclaimed levels above $3,000. The build-up comes just ahead of the Fusaka upgrade and raises the risk of amplified volatility.

Antithesis raised $105 million in a Series A led by Jane Street to scale deterministic simulation testing that can exactly replay complex failures for Ethereum and other always-on systems. The funding will accelerate production deployments and integrations with node software and smart contract tooling.

Ethereum climbed past $3,000 after the Fusaka upgrade launched, rebounding roughly 10% in 24 hours following days of sideways trading. Traders pointed to the upgrade and a pickup in risk appetite as catalysts.