Crypto investments are still an integral part of Harvard University, as filings reveal that the university has bought Ethereum. The Ivy League school purchased around $87 million in BlackRock’s iShares Ethereum Trust (ETHA), as per the filing with the SEC released on February 13. The buying came along with the
BlackRock Inc. has begun acquiring Ethereum ahead of the planned launch of its iShares Staked Ethereum Trust ETF (expected ticker: ETHB), according to an amended S-1 filing with the U.S. Securities and Exchange Commission. A BlackRock affiliate seeded the trust with 4,000 shares at $25 each — equivalent to $100,000
• Billionaire Peter Thiel’s investment firm, Founders Fund, completely divested its entire stake in Ethereum treasury management firm ETHZilla, as per a recent SEC filing. • The shares of ETHZilla fell after the news, highlighting the sensitivity of investors to prominent departures in crypto-related firms. Billionaire investor Peter Thiel and
Within the market-wide price suppression, some of the crypto assets are seen in green, which may fade easily. The crypto market cap has shed 1.42%, settling at $2.37 trillion. Bitcoin (BTC), the largest asset, is trading at $69.7K, while Ethereum (ETH), the largest altcoin, is extending its decline and currently
The parent company of Truth Social filed a document with the Securities and Exchange Commission for listing two cryptocurrency exchange-traded funds. The documents indicate that the two funds will track the price movements of Bitcoin and Ether tokens. FMWA Funds is the sponsor of the two ETFs and will be
Ethereum (ETH) traded lower on Wednesday, sliding further into negative territory amid broad crypto market pressure and bearish technical signals. At the time of writing, ETH is changing hands near $1,951.90, marking a 3.09% drop in the past 24 hours as sellers dominate the short-term trend. Intraday price activity showed
Ethereum (ETH) is trading near $2,012 on Tuesday after extending recent losses. The latest daily candle shows a 4.40% decline, with price ranging between a high of $2,144.98 and a low of $1,995.65. The move reflects continued pressure following a volatile week for the asset. Last week, Ethereum dropped sharply
A cryptocurrency wallet, which was linked to last year’s Infini exploit, has been active again after six months of silence. Blockchain trading firm says that the wallet bought millions of dollars’ worth of Ethereum during the recent price drop and then sent it to the private mixing service, which is
Ethereum co-founder Vitalik Buterin argued that even well-designed ETH-collateralized algorithmic stablecoins still constitute genuine decentralized finance. He clarified that such algorithmic mechanisms can transfer U.S. dollar counterparty risk from users to market makers. Buterin blasted the notion that USDC deposit yield strategies are representative of true DeFi principles. He suggested
The price of Ethereum has now formed a base over $1,880 and initiated a recovery wave, similar to Bitcoin. ETH was exchanging hands over the $1,950 and $1,980 resistance levels. The price went over the 50% Fib retracement level of the downward move from the $2,340 swing high to the
