Kategorie: Ethereum News

Ethereum news about the ETH blockchain and its crypto ecosystem.

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Ethereum price prediction as ETH reclaims $2,800 level

  • Ethereum price jumped above $2,800.
  • ETH is seeing gains amid altcoin season chatter and as regulatory clarity inches closer.
  • With market sentiment positive, ETH bulls could likely reclaim $3,000 as they eye a breakout.

Ethereum (ETH) price has again moved above $2,800 after gaining more than 4% in the past 24 hours.

The top altcoin reached an intraday high of $2,832 across major cryptocurrency exchanges, with these gains coming amid a robust spike for altcoins.

Market sentiment was also positive after Securities and Exchange Commission chair Paul Atkins commented on crypto and decentralised finance.

While Ethereum price hovered around $2,769 at the time of writing, it remained 3% up in 24 hours and with daily volume at $32.5 billion.

The metric showed a 28% increase in the last 24 hours.

Ethereum price rides fresh sentiment to above $2,800

The price of Ethereum, the leading altcoin by market cap, has jumped from a low of $2,399 on June 6, 2025, to hit highs above $2,832.

This move saw ETH rise to its highest level since February, with this coming as Bitcoin retested the $110,000 level.

Macroeconomic tailwinds and the US-China trade war truce have contributed to this upside action for ETH.

Also likely playing a bullish catalyst is the statement SEC Chair Paul Atkins issued on DeFi and crypto.

With Ethereum, the top decentralized finance ecosystem, Atkin’s remarks during the agency’s Crypto Task Force roundtable have bulls in an upbeat mood.

As analysts have pointed out, regulatory clarity is a key factor in the market, and the SEC’s ongoing quest to ensure this has garnered a lot of praise across crypto.

Ethereum price prediction

According to QCP analysis, Ethereum is likely to spike in the coming weeks and months amid various tailwinds.

In a post on X, the analysts say Ethereum has quietly seen market sentiment around it flip positive in recent months.

“ETH is quietly reclaiming market narrative. Implied volatility jumped, options skew flipped bullish, and perpetual funding rates remain elevated,” they noted on X.

One of the pointers to increased attention on ETH is the spot exchange-traded funds inflows.

Last week, Ethereum spot ETF inflows hit $281 million.

“Macro tailwinds are building for $ETH. The GENIUS Act is progressing in the US Senate, Circle’s IPO is back in focus, and stablecoins are gaining regulatory clarity. Ethereum’s role as the infrastructure layer for real-world assets is gaining serious traction,” QCP added.

Ethereum’s gains see bulls hover in a key price range.

According to Glassnode analysts, ETH is near the cost basis range of $2,700 and $2,760.

If price holds above this range, bulls may target $3,400.

However, if ETH bears break below $2.7k, they may fancy a revisit of $2,400.

Recent lows of $1,800 are likely if negative sentiment kicks in to spook buyers.

The post Ethereum price prediction as ETH reclaims $2,800 level appeared first on CoinJournal.

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BTC trades at $109.7K after weekend surge; Ethereum’s Pectra upgrade boosts institutional staking

  • Bitcoin (BTC) trades near $110K (at $109.7K), challenging recent “summer stagnation” predictions after a 3.26% weekend surge.
  • QCP Capital noted BTC was “stuck in a tight range,” with signs of fatigue like softening open interest and tapering ETF inflows.
  • Bitcoin’s breakout coincides with US-China trade talks and a $22B US Treasury bond auction, injecting market uncertainty.

Bitcoin (BTC) is currently trading just shy of the $110,000 mark, changing hands at around $109,700 as the Asian trading week continues.

This upward momentum challenges a prevailing market narrative that had anticipated a period of summer stagnation, and it comes even as analysts point to underlying signs of market fatigue.

Meanwhile, developments in the Ethereum ecosystem suggest a significant shift towards institutional adoption, particularly in staking.

Bitcoin’s surprise move: breaking out of the “tight range”

The recent price action for Bitcoin has caught some market watchers by surprise. Over the weekend, the leading cryptocurrency surged 3.26%, climbing from $105,393 to $108,801.

This move was accompanied by a significant spike in hourly volume, reaching 2.5 times the 24-hour average, according to CoinDesk Research’s technical analysis model.

Bitcoin decisively broke above the $106,500 level, establishing new support at $107,600, and continued its ascent into Monday’s session, briefly touching $110,169.

This rally comes on the heels of a recent note from QCP Capital which had emphasized suppressed volatility and a lack of immediate catalysts for a major price move.

QCP’s Telegram note had pointed to one-year lows in implied volatility and a pattern of subdued price action, stating that BTC had been “stuck in a tight range” as summer approached.

They suggested that a clean break below $100,000 or above $110,000 would be necessary to “reawaken broader market interest.”

Even with this breakout, QCP had warned that recent macroeconomic developments had failed to spark strong directional conviction.

“Even as US equities rallied and gold sold off in the wake of Friday’s stronger-than-expected jobs report, BTC remained conspicuously unmoved, caught in the cross-currents without a clear macro anchor,” the note stated.

“Without a compelling narrative to spark the next leg higher, signs of fatigue are emerging. Perpetual open interest is softening, and spot BTC ETF inflows have started to taper.”

This context makes Bitcoin’s current push towards $110,000 all the more noteworthy.

The breakout also coincides with a tense macroeconomic backdrop, including ongoing US-China trade talks in London and a significant $22 billion US Treasury bond auction later this week, both of which have injected uncertainty into global markets.

While these events could drive fresh volatility, QCP cautioned that recent headlines have mostly led to “knee-jerk reactions” that quickly fade.

The pressing question now is whether Bitcoin’s move above $110,000 has genuine staying power or if the rally is running ahead of its underlying fundamentals.

Ethereum’s institutional awakening: staking takes center stage

While Bitcoin navigates its price dynamics, Ethereum (ETH) is experiencing a potentially transformative shift, with signs pointing towards accelerating institutional adoption, particularly in the realm of staking.

Critics of Ethereum have often highlighted centralization risks within its ecosystem, but this narrative is reportedly fading as institutional infrastructure matures and recent protocol upgrades directly address past limitations.

“Market participants will pay for decentralization because it’s in their economic interest from a security and principal protection standpoint,” Mara Schmiedt, CEO of institutional Ethereum staking platform Alluvial, told CoinDesk.

“If you look at [decentralization metrics] all of these things have massively improved over the last couple of years.”

Alluvial co-founded Liquid Collective, a protocol designed to facilitate institutional staking, which currently has $492 million worth of ETH staked.

While this figure may seem modest compared to Ethereum’s total staked volume of around $93 billion, its significance lies in the fact that it originates predominantly from institutional investors.

“We’re really on the cusp of a truly massive shift for Ethereum, driven by regulatory momentum and the ability to unlock the advantages of secure staking,” Schmiedt noted, highlighting a pivotal moment for the second-largest cryptocurrency.

Central to Ethereum’s increasing institutional readiness is the recent Pectra upgrade, a development Schmiedt described as both “massive” and “underappreciated.”

“I think Pectra has been a massive upgrade. I actually think it’s been underappreciated, just in terms of the tremendous amount of change it introduces into the staking mechanics,” Schmiedt said.

A key component of Pectra, Execution Layer (EL) triggerable withdrawals, provides a crucial compatibility upgrade for institutional participants, including Exchange Traded Fund (ETF) issuers.

This feature enables partial validator exits directly from Ethereum’s execution layer, aligning with institutional operational requirements such as T+1 redemption timelines.

“EL triggerable withdrawals create a much more effective path to exit for large-scale market participants,” Schmiedt added.

Ultimately, she expressed strong confidence in Ethereum’s institutional appeal, stating, “I think we’ll see that a lot more [ETH] in institutional portfolios going forward.”

The post BTC trades at $109.7K after weekend surge; Ethereum’s Pectra upgrade boosts institutional staking appeared first on CoinJournal.

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Ethereum retests $2,500 as companies bet big on ETH

  • Ethereum price has shown resilience in the past 24 hours, trading to highs of $2,559.
  • Major announcements by SharpLink Gaming and BTCS Inc. have bolstered sentiment.
  • ETH price could eye $3,000 andan  all-time high in the coming months.

Ethereum (ETH) price fell to below $2,480 on Monday, clipping recent gains amid a broader dip for cryptocurrencies and stocks.

However, despite overall market weakness, Ethereum is trending green in the past 24 hours and poised at the key level of $2,500. Analysts predict recent bullish sentiment amid major adoption news could spark a fresh surge for the altcoin that has come close to breaking above $2,800 on multiple occasions.

Ethereum price poised near key level

As noted above, the price of ETH is trading above the key level of $2,500 – bulls had touched highs of $2,559 at the time of writing.

This is after slight gains in the 24 hours, with this coming after a minor dip for crypto that mirrored the slip for stocks amid tariff concerns.

Yet, despite Bitcoin (BTC) also retreating to below $104,000 and triggering over $156 million in liquidations, Ethereum is back above $2.5k.

What it means is that Ethereum’s price is consolidating in a tight range near $2,500. It’s a key technical level that has recently acted as a major support zone. While it currently offers significant resistance, a breakout above it could be huge for ETH bulls.

SharpLink Gaming, BTCS Inc. bet on Ethereum

One of the big bullish catalysts building up for the Ethereum price is corporate adoption of ETH as a treasury asset. This factor has boosted BTC and now stands as one of the keys to unlock bullish action for the top altcoin.

SharpLink Gaming has made headlines over ETH with its plans for a $1 billion raise to acquire ETH.

Its announcement has recently seen the token’s price go up, and future buys might have a notable impact on both sentiment and price movement. On Monday, June 2, 2025, the company announced a $425 million private placement.

Also taking an Ethereum treasury approach is BTCS Inc., a Nasdaq-listed blockchain firm that just bought 1,000 ETH via the Crypto.com Exchange. The US-based company, focused on revenue generation via Ether infrastructure, now holds 13,500 ETH – up from just over 9,000 at the end of Q1, 2025, and 12,500 ETH in mid-May.

This doubling down on Ethereum has also attracted companies such as French real estate firm Entreparticuliers and Saudi-backed VivoPower. It’s a move that speaks to growing attention towards Ethereum.

Price may therefore see a spike in the coming weeks and months. However, traders might want to consider the macro environment, particularly tariffs and the geopolitical front. On the former, analysts at QCP noted:

“Tariff tensions will likely drive the macro narrative through June, with major policy decisions expected only after July 8. Until then, the market may stay on pause.

Ethereum’s price hovered around $2,541.

The post Ethereum retests $2,500 as companies bet big on ETH appeared first on CoinJournal.

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ENS price surges: could Ethereum Name Service hit $100k milestone?

  • Ethereum Name Service (ENS) surges 8% to hit a two-week high amid altcoin buzz.
  • Analysts see ENS as one of top Ethereum beta plays.
  • If bulls rally, a breakout to $50 could allow a potential retest of $100 amid ETH spike.

Ethereum Name Service (ENS) price has jumped more than 35% this past month and was up 8% in 24 hours on Thursday as some altcoins stole the shine off Bitcoin.

By reaching the current price levels, ENS is seeing its market cap hover near $903 million, while the 24-hour trading volume is up 157% to over $192 million.

Per Coinglass, Ethereum Name Service derivatives data analysis shows volume has spiked more than 120% to over $306 million. Meanwhile, Open Interest in the token is up 30%, with open positions worth of $114 million signalling market interest.

What is Ethereum Name Service?

The Ethereum Name Service (ENS) is an open-source, decentralized naming protocol built on the Ethereum blockchain.

It transforms user-friendly Ethereum addresses, such as jane.eth, into the complex, machine-readable codes recognized by wallets like Metamask. Additionally, ENS supports reverse mapping, allowing metadata and machine-readable addresses to be linked with these human-friendly Ethereum names.

ENS aims to simplify interaction with the Ethereum ecosystem, making it more intuitive and accessible for users, much like the Internet’s Domain Name System (DNS) enhances web usability.

Similar to DNS, ENS employs a hierarchical structure of dot-separated domains, where domain owners have full authority over their respective subdomains.

Analysts are pointing to ENS as one of the top Ethereum (ETH)-beta plays today. With ETH expected to rally in coming months, tokens like EigenLayer (EIGEN), Arbitrum (ARB), Lido DAO (LDO) and Ethereum Name Service (ENS) could be poised for gains too.

Can ENS price reclaim $100$

With interest in ENS rising amid adoption that includes further traction in the Ethereum and Solana name domain ecosystems, price has looked to return to last year’s lofty highs.

ENS hitting those highs of $48 reached in December 2024 is likely after buyers pushed the altcoin token to two-week highs of $25, a potential technical breakout signals the price could target resistance around $30.

Traction of Ethereum Name Service as a decentralized DNS platform, plus its growing NFT momentum offer additional tailwinds.

On the technical charts, ENS is currently testing resistance near its 200-day moving average and breakout would signal further gains.

RSI and an ascending triangle pattern on the daily chart suggest if buyers reclaim $30, the next uptick could drive prices to 2024 highs. The $100 mark represents a psychological level that ENS bulls will target if risk on sentiment prevails in coming months.

However, if the market flips negative, a downtrend can bring the $20 mark into view. Robust support lies in the $12-$16 range.

The post ENS price surges: could Ethereum Name Service hit $100k milestone? appeared first on CoinJournal.