Long Reads

The 7 Largest Publicly Traded Ethereum Treasury Firms

In brief Publicly traded companies are now racing to accumulate Ethereum. Firms with strategic ETH reserves now account for more than 3% of the entire ETH supply. The top holders include BitMine Immersion Technologies, SharpLink Gaming, and Coinbase. The trend of publicly traded companies adopting crypto treasury strategies may have started with Bitcoin, but it…

NFTs

Moonbirds NFTs Are Soaring Again: What’s Behind the Price Surge

A little over a year ago, Moonbirds was a cautionary tale.The once-hyped Ethereum profile picture (PFP) project, launched in 2022 by Kevin Rose’s Proof to immense demand, had seen its reputation crater amid community backlash, ownership shakeups, and plummeting prices.Holders griped about broken promises, shifting roadmaps, and changing leadership. By mid-2023, the project’s floor price…

Business

SharpLink Stock Dives After Q2 Loss as Ethereum Price Surge Cools

In brief SharpLink Gaming stock fell nearly 15% on Friday after the company posted poor Q2 earnings results. The Ethereum treasury firm reported a net loss of $103 million for the second financial quarter. ETH dipped below $4,400 on Friday amid geopolitical uncertainties and hotter-than-expected U.S. economic data. SharpLink Gaming’s shares plummeted Friday as the…

Markets

Ethereum ETF Inflows Outpace Bitcoin ETFs for Fifth Straight Day

In brief On-chain data shows that Ethereum ETFs have added about $3.4 billion over the past five days, against $966 million for Bitcoin ETFs over the same period. The trend marks a fifth straight session of ETH ETF inflows outpacing Bitcoin ETFs. Analysts cited corporate treasury accumulation, thinning exchange and OTC supply, and staking yield,…