Ethereum Loses $100B as Price Slides Nearly 27% to $2,107

Published at 2026-02-04 20:45:34

Ethereum posted its steepest decline of the year Wednesday, sliding nearly 27% over the past seven days and erasing roughly $100 billion in market capitalization as the token fell to $2,107. The move marks ETH’s lowest close since May 2025 and caps a volatile week that saw accelerating selling pressure across major crypto assets. The sharp drop raises the risk of liquidations for leveraged positions and puts pressure on DeFi collateral across lending platforms, while knocking investor confidence that had been rebuilding after last year’s recoveries. Traders and holders will be watching key technical support levels and broader market cues in the coming days to see whether this is a deeper correction or a short-lived capitulation.

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Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

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Published at 2026-04-10 11:30:09

Aethir Stops Bridge Exploit, Vows Compensation After Under $90K Loss

Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

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Published at 2026-04-10 11:15:12

SEC Seeks Feedback on Listing Options for Grayscale Multi-Asset Crypto ETF

The SEC is evaluating a proposal to list options on a Grayscale multi-asset crypto ETF and has asked for additional public comment as it assesses risks tied to crypto-related derivatives. Regulators want input on market structure, surveillance, and investor protections.

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Published at 2026-04-09 23:00:17

BlackRock Appoints Galaxy Digital as Validator for ETHB After $435M AUM

BlackRock has tapped Galaxy Digital to serve as a validator for ETHB, its staked-Ethereum ETF, after the fund’s assets topped $435 million on April 8. The appointment broadens the ETF’s validator roster and reflects rising institutional interest in ETH staking.

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Published at 2026-04-09 21:45:38

CZ Says Rival Exchanges Spent Millions to Block His Pardon and Binance U.S. Return

Binance CEO Changpeng Zhao alleges U.S. crypto exchanges funded multi-million dollar lobbying to block a pardon from former President Donald Trump and keep Binance out of the U.S. market. The claim has not been independently verified.