Ether-linked stocks jump as crypto coin hits 6-month high
- 18-Jul-2025
Cryptocurrency-related stocks rose in premarket trading on Friday, with shares linked to ether leading the charge after the No. 2 crypto hit a six-month high. Shares of BitMine Immersion Technologies, which holds about $1 billion worth of ether, soared 14%. Other ether holding firms Bit Digital and BTCS added 4% and 12.5%, respectively. Ether climbed […]
Bitcoin falls below $90,000 for first time in a month, ether tumbles
- 25-Feb-2025
Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week’s hack of $1.5 billion worth of ether from cryptoexchange Bybit. Bitcoin, the world’s largest cryptocurrency by market value, dropped as much as 6% to $88,245, its lowest since November, and […]
Cryptoverse: Ether holds its breath for the lean, mean ‘merge’
- 28-Jun-2022
Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. That’s the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It’s elusive. The merge was supposed to happen years ago but has […]
Ethereum co-founder speaks up on crypto crash
- 25-May-2022
Ethereum’s co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped more than $800 billion off their value. “I would hope that people pay more attention to what is belying the currency name when they get involved in a community, ecosystem, economy,” […]
Bitcoin, ether scale new peaks
- 09-Nov-2021
Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class. Bitcoin rose as high as $68,564 in Asian afternoon trade and ether , the second-biggest cryptocurrency by market value, earlier hit $4,825. Both have more than doubled […]
Ether scales $4,600 to record high, bitcoin trails
- 03-Nov-2021
Ether, the world’s second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin’s rally and riding on news of wider blockchain adoption. The ether token, which underpins the ethereum blockchain network, rose to as high as $4,643 in Asian hours, breaching the previous day’s $4,600 and taking the week’s gains to more than […]
Cryptocurrency ether hits all time high of $4,400
- 29-Oct-2021
Ether, the world’s second largest cryptocurrency, hit an all-time high on Friday, a little over a week after larger rival bitcoin set its own record. As cryptocurrency markets have rallied sharply in recent weeks, ether is up more than 60% since its late September trough. The token, which underpins the ethereum blockchain network, rose as […]
Theater chain to accept Bitcoin, Litecoin, other cryptocurrencies
- 16-Sep-2021
AMC Entertainment boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies. “Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today […]
Major Ethereum upgrade set to alter supply, fix transaction fees
- 30-Jul-2021
Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are processed, as well as reduce the supply of the ether token and sharply boost its price. The scheduled coding revamp will go live on Aug. 4. The upgrade known as Ethereum Improvement Proposal (EIP) 1559 […]
Ethereum rises 5% at $2,509; bitcoin firm
- 31-May-2021
Cryptocurrency Ethereum climbed over 5% on Monday to $2,523 but remained more than 40% below a record high of above $4,300 hit earlier this month