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Ethereum Is Quietly Soaring. What Comes Next?

gizmodo.com Luc Olinga 2025-07-22 01:42:47

Ethereum is experiencing a seismic rally. The price of Ether, the native token of the Ethereum network, surged by nearly $1,000 in a single week to hit a five-month high, climbing 25.3% to reach $3,745.72, according to data firm CoinGecko. For the first time in recent memory, there’s a palpable sense that this rally is grounded in something real and sustainable. So, what’s driving this explosive momentum? 1. Big Money Pours In Through New Ethereum ETFs Major asset managers have begun launchin

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Ether takes spotlight as Trump signs stablecoin bill into first major U.S. crypto law

cnbc.com Tanaya Macheel 2025-07-22 18:42:31

In this article ETH.CM= BTC.CM= COIN HOOD BMNR MSTR MARA Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as President Donald Trump signed the GENIUS Act stablecoin legislation into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 4% at $3,578.67, according to Coin Metrics, trading at highs not seen since January and turning positive for the year. On Thursday, ETFs tracking the pr

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Ether takes crypto spotlight as Congress passes historic stablecoin bill

cnbc.com Tanaya Macheel 2025-07-22 22:59:23

In this article ETH.CM= BTC.CM= COIN HOOD BMNR MSTR MARA Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Ether climbed to end the week as the GENIUS Act heads to President Donald Trump's desk to be signed into law, while bitcoin and its proxies took a breather. The price of ether was last higher by 3.6% at $3,558.68, according to Coin Metrics, trading at highs not seen since January. On Thursday, ETFs tracking the price of ether saw daily inflows to

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Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill

cnbc.com Tanaya Macheel 2025-07-23 10:46:16

Ether and other crypto related stocks climbed to end the week as the GENIUS Act heads to President Donald Trump's desk to be signed into law. Bitcoin and its proxies took a breather. The price of ether was last higher by 3.6% at $3,558.68, according to Coin Metrics, trading at highs not seen since January. On Thursday, ETFs tracking the price of ether saw daily inflows top those of bitcoin ETFs for the first time ever. The funds logged $602 million in net inflows, led by BlackRock's iShares Et

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Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging

cnbc.com Tanaya Macheel 2025-07-28 10:58:39

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Shares of the ether treasury company Bitmine Immersion Technologies surged Wednesday after tech billionaire Peter Thiel disclosed a 9% stake in the firm through his venture capital firm Founders Fund. The stock was last higher by 12% but rallied as much as 20% at one point. Companies with a similar

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Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote

cnbc.com Sean Conlon 2025-07-29 14:04:52

The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day's high of $120,481.86. Bitcoin fell below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives. The drop comes on the heels of multiple crypto-related bills failing to overcome a procedural hurdle in the House, with 13 Republicans voting with Democrats to block the motion in a 196-223 vote. In recent days, bitcoin has be

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Bitcoin is nearly double where it was a year ago. This is what's behind the run

cnbc.com Mackenzie Sigalos 2025-07-30 10:39:57

Bitcoin traded around $116,000 on Tuesday, falling back from a historic surge that briefly sent the world's largest cryptocurrency past $123,000 for the first time. Even with the pullback, the cryptocurrency is still trading at nearly twice its level from a year ago. Unlike previous cycles, the record run isn't being driven by retail mania or meme-stock energy. This move is being powered by structural demand, shifting macro positioning and a wave of Wall Street adoption that's playing out in r

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I invested $50 in Bitcoin in 2022 - here's what it's worth now after an eye-popping rally

zdnet.com David Gewirtz 2025-08-01 18:54:00

ZDNET Welcome to Hot Bitcoin Summer, 2025 Edition. It's July 14, and the cryptocurrency is on fire. Turns out that when the President of the United States is bullish on a fake currency, it takes off. Then, when the US Congress declares "crypto week," cybercurrency speculators get that warm, squishy feeling that makes them think good things are about to happen in their imaginary world of bits as bucks. Also: How AI can help you manage your finances (and what to watch out for) In honor of all

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I invested $50 in Bitcoin in 2022 - here's what it's worth now after a record rally

zdnet.com David Gewirtz 2025-08-01 22:55:00

ZDNET Welcome to Hot Bitcoin Summer, 2025 Edition. It's July 14, and Bitcoin is on fire. Turns out that when the President of the United States is bullish on a fake currency, it takes off. Then, when the US Congress declares "crypto week," cybercurrency speculators get that warm, squishy feeling that makes them think good things are about to happen in their imaginary world of bits as bucks. In honor of all of this and because my eyes popped when I checked my own investments this morning, I'm

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From Bitcoin to XRP: Key cryptocurrency terms and what they mean

feeds.bbci.co.uk Unknown 2025-08-02 00:27:58

From Bitcoin to XRP: Key cryptocurrency terms and what they mean 3 hours ago Share Save Liv McMahon, Joe Tidy & Brandon Drenon BBC News Share Save Getty Images Bitcoin's price reaching a new high of $120,000 (£89,000) - buoyed by US President Donald Trump's crypto-friendly stance - has kept the buzzy world of cryptocurrencies in the spotlight. But it also contains confusing terms such as ETFs, blockchains and cold wallets, that can make the topic somewhat tricky to navigate. Worry not. If you

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Bitcoin Hits New Highs Daily, but Experts Warn It’s a ‘Crisis Mode’ Rally

gizmodo.com Luc Olinga 2025-08-02 15:02:17

Bitcoin’s historic rally continues with no signs of slowing down. The world’s most famous cryptocurrency hit an all-time high overnight from Sunday to Monday, briefly surpassing the symbolic threshold of $123,000 before pulling back slightly. By 6:00 a.m. ET, it was hovering around $122,013, according to data from CoinGecko. This staggering surge marks a more than 30% increase in Bitcoin’s price since January, outpacing even gold and fueling the narrative that Bitcoin is the new “digital gold.

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Bitcoin flies to new all-time highs, briefly topping $118,000 as institutions pile into ETFs

cnbc.com Tanaya Macheel 2025-08-02 22:15:03

In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT watch now Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of the flagship cryptocurrency was last higher by 4% at $117,955.25, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose 6%, crossing back above the $3,000 level for the first time since February. On Thursday, bitcoin ETFs logged their biggest

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Bitcoin surpasses $118K, its second all-time high in less than 24 hours

techcrunch.com Lauren Forristal 2025-08-03 08:57:04

Bitcoin achieved a new all-time high of $118,900 on Friday after exceeding its previous record, $113,822, on Thursday. At the time of this writing, Bitcoin’s price stands at around $117,400. This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around $76,000 in early April. It dropped to nearly $49,000 last August. Some analysts think that if it reaches $150,000, it’ll set off a buying frenzy. It’s important to note that Bitcoin, just like m

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Bitcoin surpasses $118K, its second all-time high, in less than 24 hours

techcrunch.com Lauren Forristal 2025-08-03 18:57:04

Bitcoin achieved a new all-time high of $118,900 on Friday after exceeding its previous record, $113,822, on Thursday. At the time of this writing, Bitcoin’s price stands at around $117,400. This is a significant milestone for Bitcoin, as it highlights its resurgence, now higher than its low of around $76,000 in early April. It dropped to nearly $49,000 last August. Some analysts think that if it reaches $150,000, it’ll set off a buying frenzy. It’s important to note that Bitcoin, just like m

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Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs

cnbc.com Tanaya Macheel 2025-08-04 15:19:15

On Thursday, bitcoin ETFs logged their biggest day of inflows of 2025 at $1.18 billion. Ether ETFs recorded their second-biggest day of inflows ever at $383.1 million, according to SoSoValue. The price of the flagship cryptocurrency was last higher by 4% at $118,396.01, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose nearly 7% to trade back above the $3,000 level for the first time since February. Bitcoin extended its rally on Friday, rising to new records overni

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The day someone created 184 billion Bitcoin (2020)

news.ycombinator.com Decrypt 2025-08-04 08:51:51

In brief In August 2010, someone exploited a flaw in Bitcoin’s code to create 184 billion Bitcoin. The bug was quickly corrected by Bitcoin’s anonymous creator, Satoshi Nakamoto. The person behind the "value overflow incident" exploit remains unknown. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE There will only ever be 21 million Bitcoin. We’re not too far off—around 18 and a half million Bitcoin are already in circulation. But on the 15th of August, 2010, that limit was des

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Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge

gizmodo.com Luc Olinga 2025-08-04 14:19:52

Bitcoin is surging once again. And this time, the climb feels different. The world’s largest cryptocurrency continued its dizzying ascent on Friday, smashing through multiple symbolic price thresholds in a matter of hours and setting a new all-time high for the second consecutive day. After crossing $112,000 on Wednesday, Bitcoin has barely paused. On Thursday and Friday morning, it blew past $113,000, then $114,000, then $115,000, before jumping to $116,000, $117,000, and finally $118,909 as

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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

cnbc.com Tanaya Macheel 2025-08-05 14:32:05

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,766.74. Earlier, it rose as high as $113,863.18. Over the past 24 hours, $318 million in short liquidations across centralized exchanges, according to CoinGlass. When traders use leverage to short bitcoin and the cryptocurrency's price ri

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Bitcoin Hits $112K, but Something Feels Off

gizmodo.com Luc Olinga 2025-08-07 01:07:02

Bitcoin is on the move again. The world’s largest cryptocurrency by market value surged past a symbolic milestone on Wednesday, reaching a record-breaking $112,055 on the Coinbase exchange around 3:55 p.m. ET. That’s the highest price ever recorded for Bitcoin on Coinbase, surpassing the previous high of $111,891 set in May. With this latest surge, Bitcoin is up nearly 20% since the start of the year. The sudden move stunned traders and rekindled hopes among Bitcoin’s faithful. For weeks, pric

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Bitcoin Hits $112K But Something Feels Off

gizmodo.com Luc Olinga 2025-08-07 06:07:02

Bitcoin is on the move again. The world’s largest cryptocurrency by market value surged past a symbolic milestone on Wednesday, reaching a record-breaking $112,055 on the Coinbase exchange around 3:55 p.m. ET. That’s the highest price ever recorded for Bitcoin on Coinbase, surpassing the previous high of $111,891 set in May. With this latest surge, Bitcoin is up nearly 20% since the start of the year. The sudden move stunned traders and rekindled hopes among Bitcoin’s faithful. For weeks, pric

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Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

cnbc.com Tanaya Macheel 2025-08-07 14:48:04

The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart. Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia -led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price of bitcoin was last up 1.9%, trading at $110,947.49, according to Coin Metrics. Just before 4:00 p.m. ET, it hit a high of $112,052.24, surpassing its May 22 record of $111,999. The flagship cryptocurrency has been trading in a tig

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Bitcoin Depot breach exposes data of nearly 27,000 crypto users

bleepingcomputer.com Unknown 2025-08-08 02:33:46

Bitcoin Depot, an operator of Bitcoin ATMs, is notifying customers of a data breach incident that has exposed their sensitive information. In the letter sent to affected individuals, the company informs that it first detected suspicious activity on its network last year on June 23. Although the internal investigation was completed on July 18, 2024, a parallel investigation by federal agencies dictated that public disclosure of the incident should be withheld until it was completed. “On July 1

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Elon Musk Calls the U.S. Dollar ‘Hopeless,’ Says His America Party Will Embrace Bitcoin

gizmodo.com Luc Olinga 2025-08-13 10:58:25

As details about his new political venture begin to emerge, Elon Musk has confirmed that the “America Party” will embrace Bitcoin, a move that solidifies the party’s anti-establishment and tech-centric identity. The world’s richest man made the revelation on his social media platform, X, signaling a potential new frontier for cryptocurrency in American politics. The exchange unfolded after Musk positioned his new party as a home for centrists and voters disillusioned with the traditional two-pa

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Bitcoin Bought in 2011 Suddenly Springs to Life After 13 Million Percent Increase In Value

futurism.com Unknown 2025-08-13 14:30:38

Two Bitcoin wallets that remained untouched for more than a decade just sprang back to life — and whoever owns them is now filthy rich in crypto. As MarketWatch reports, each Bitcoin was worth just 78 cents back when the unknown buyer purchased 20,000 tokens in 2011 for just under $16,000. Due to the digital currency's inexorable rise over the subsequent years, the extremely patient owner of the two "Sleeping Beauty" wallets where the Bitcoin was stored now holds more than $2 billion worth — a

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Drake Just Gave Bitcoin Its Biggest Pop Culture Moment Yet

gizmodo.com Luc Olinga 2025-08-13 12:00:47

Bitcoin just got its biggest shoutout in pop culture yet — from Drake. In a surprise drop on the night of July 4th, the hip-hop titan unleashed his latest track, “What Did I Miss.” More than just another reflective banger, the Canadian superstar’s new song injects Bitcoin, the world’s most famous cryptocurrency, directly into the mainstream cultural conversation, sixteen years after its inception. The track, which premiered during a YouTube stream titled “ICEMAN EPISODE ONE” where Drake plays

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The only time HN is this interested in Bitcoin is when there's a bubble (2017)

news.ycombinator.com Unknown 2025-08-13 12:54:40

The only time Hacker News is this interested in Bitcoin is when there's a bubble forming Sun 30 July 2017 You might have got the impression that there are a lot of Bitcoin-related posts on Hacker News lately. With SegWit set to activate in the next few weeks, and Bitcoin Cash likely to fork off on the 1st of August, I took a look at Hacker News' relationship with Bitcoin over the past years. In this post I'm going to argue, based on historical trends of Bitcoin-related posts on Hacker News, t

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Bitcoin Whales Are Offloading Their Bags on Institutional Investors

gizmodo.com Matt Novak 2025-08-16 22:10:13

Bitcoin enthusiasts have been perplexed lately. Why is the price so stagnant, even with all the hype created by guys like President Donald Trump? The White House has largely been seen as enacting a pro-crypto agenda and even got its first crypto czar in David Sacks, after all. You’d think prices would be soaring. Well, there’s a simple answer, according to a new report from Bloomberg News. And the average, non-wealthy crypto trader probably isn’t going to like it. According to Bloomberg, the lo

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A Viral Question Is Puzzling Bitcoin Fans: Why Isn’t the Price Rising?

gizmodo.com Luc Olinga 2025-08-22 02:10:44

A question is going viral on social media, reflecting the confusion shared by Bitcoin skeptics and believers alike. “Can anyone explain to me why companies are buying billions of dollars of Bitcoin every week and the price is virtually unchanged over the last 6 months?” one user posted on X on June 27. “Explain it to me like I’m 5.” Can anyone explain to me why companies are buying billions of dollars of bitcoin every week and the price is virtually unchanged over the last 6 months? Explain it

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Public companies bought more bitcoin than ETFs did for the third quarter in a row

cnbc.com Tanaya Macheel 2025-08-22 10:49:15

In this article MARA KDLY PCAPU GME BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Ozan Kose | Afp | Getty Images Corporate treasuries have surpassed ETFs in bitcoin buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment. Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider Bitcoin Treasuries. ETFs showed an

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Why We Should Care About This War over the Future of Money

news.ycombinator.com Luc Olinga 2025-08-23 22:00:40

The crypto world is buzzing. If you ask a true believer, they’ll say this is just the beginning of a financial revolution. Ask a skeptic, and they’ll swear we’re watching a bubble inflate in real time, one that could pop at any second. This entire debate is now playing out in a public showdown between two of the biggest names in finance. Michael Saylor and Jim Chanos are two men with very different visions of the future, and they’re now in open combat on X (formerly Twitter). Saylor, the billi

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Latest Tech News

Ethereum Is Quietly Soaring. What Comes Next?

Ether takes spotlight as Trump signs stablecoin bill into first major U.S. crypto law

Ether takes crypto spotlight as Congress passes historic stablecoin bill

Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill

Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging

Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote

Bitcoin is nearly double where it was a year ago. This is what's behind the run

I invested $50 in Bitcoin in 2022 - here's what it's worth now after an eye-popping rally

I invested $50 in Bitcoin in 2022 - here's what it's worth now after a record rally

From Bitcoin to XRP: Key cryptocurrency terms and what they mean

Bitcoin Hits New Highs Daily, but Experts Warn It’s a ‘Crisis Mode’ Rally

Bitcoin flies to new all-time highs, briefly topping $118,000 as institutions pile into ETFs

Bitcoin surpasses $118K, its second all-time high in less than 24 hours

Bitcoin surpasses $118K, its second all-time high, in less than 24 hours

Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs

The day someone created 184 billion Bitcoin (2020)

Crypto Is on Fire as Bitcoin Nears $120K in Unstoppable Surge

Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

Bitcoin Hits $112K, but Something Feels Off

Bitcoin Hits $112K But Something Feels Off

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

Bitcoin Depot breach exposes data of nearly 27,000 crypto users

Elon Musk Calls the U.S. Dollar ‘Hopeless,’ Says His America Party Will Embrace Bitcoin

Bitcoin Bought in 2011 Suddenly Springs to Life After 13 Million Percent Increase In Value

Drake Just Gave Bitcoin Its Biggest Pop Culture Moment Yet

The only time HN is this interested in Bitcoin is when there's a bubble (2017)

Bitcoin Whales Are Offloading Their Bags on Institutional Investors

A Viral Question Is Puzzling Bitcoin Fans: Why Isn’t the Price Rising?

Public companies bought more bitcoin than ETFs did for the third quarter in a row

Why We Should Care About This War over the Future of Money

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