Ether climbed to a six-month high, boosting ether-linked stocks like BitMine Immersion Technologies and SharpLink. Growing use of Ethereum-based stablecoins, regulatory progress, and strong ETF performances contribute to increased investor confidence.
Kazakhstan’s central bank is moving forward with creating a state-run crypto reserve, potentially financed through seized digital assets and government-affiliated crypto mining operations, marking a significant step in national digital asset management.