Latest Crypto News & Market Updates

Ethereum Price News: Can ETH Break $2,500 After Whales Buy $322M, and Why Pepeto Could Grow Your Money Faster

The post Ethereum Price News: Can ETH Break $2,500 After Whales Buy $322M, and Why Pepeto Could Grow Your Money Faster appeared first on Coinpedia Fintech News　　The Ethereum price news this week centers on one number. Whales bought $322 million worth of ETH in just 96 hours, with 140,000 tokens absorbed while the price held above $2,300, according to Coinpedia. Staking demand added another layer, with 3.48 million ETH waiting to enter staking contracts compared to only 441,000 waiting to exit, an 8-to-1 ratio worth roughly $8 billion in locked demand, according to BSCN.　　The Ethereum price news gives holders a reason to pay attention, but the real question is where the biggest returns are forming right now. Pepeto crossed $9.81 million with a working exchange live today. The Binance listing is approaching, and analysts project 100x because the token at presale pricing is what every trader who watched past cycles from the outside wishes they could go back and buy.　　Ethereum Price News Shows Whales Accumulate $322M as Staking Queue Hits 8-to-1 Ratio　　ETH whales accumulated roughly $322 million in 96 hours while staking entries outpaced exits by 8-to-1, with 3.48 million ETH waiting to stake versus 441,000 waiting to unstake, according

05-08Ethereum

Ethereum, BMNR news: ETH may lose its biggest buyer as Bitmine mulls slowing down purchases

Miami — Bitmine (BMNR), the largest Ethereum treasury firm, may slow the pace of its ether (ETH) accumulation as the firm is inching closer to reaching its accumulation goal, Chairman Tom Lee said Thursday at Consensus 2026 in Miami.　　The company, which holds over 5.1 million ETH worth around $11.9 billion at current prices, originally expected it would take five years to accumulate 5% of the ETH supply, Lee said. Instead, the company held 4.29% as of this week, less than a year after launching its strategy.　　“At our current buying pace of 100,000 ETH a week, we‘re going to be there [at 5%] in like six weeks,” Lee said during a keynote presentation. “I think we’re deciding perhaps we want to accumulate at a somewhat slower pace.”　　The comments mark a shift in tone for Bitmine, which has remained one of the few large digital asset treasuries still actively buying crypto while many rivals paused accumulation during the market downturn. Strategy (MSTR), the largest corporate bitcoin holder and another consistent crypto buyer over the past months, indicated this week it may sell bitcoin to cover dividend obligations, per Executive Chairman Michael Saylors suggestion.　　Lee said Bitmine remains profitable through staking income and cash

05-08Ethereum

Ethereum (ETH) Price Prediction: ETH Loses Momentum as $2,350 Reclaim Becomes Critical

Ethereum (ETH) is entering a cautious phase as fading momentum, weaker spot demand, and the critical $2,350 reclaim decide whether bulls can defend support or face another leg lower.　　Ethereum price is back under pressure after its recent recovery attempt started to fade near resistance. According to Brave New Coin, Ethereum is trading around $2,294.77, down 2.20% in the last 24 hours, while 24-hour asset volume sits above $20.14 billion.　　Ethereum Loses Its Parabolic Structure　　The biggest technical concern right now is that ETH appears to have lost the curved/parabolic support that helped guide its recent recovery from the February lows. Ted Pillows pointed out that Ethereum needs to reclaim the $2,350 level soon, otherwise the structure could start to look much weaker.　　This matters because $2,350 is no longer just a normal resistance level. It now acts as the area ETH needs to recover to prove that the recent dip was only a shakeout. If price stays below this zone, sellers may continue to pressure the market, with $2,250 and $2,200 becoming the next key areas to watch.　　$2,200–$2,150 Support Zone Comes Into Focus　　On the downside, the $2,200–$2,150 region is now the most important support zone for Ethereum. Can Özsüers chart shows ETH still

05-08Ethereum

Tom Lee Says Ethereum Price Could Reach $22,000 Leading Next Crypto Rally

The post Tom Lee Says Ethereum Price Could Reach $22,000 Leading Next Crypto Rally appeared first on Coinpedia Fintech News　　Fundstrat strategist Tom Lee says Ethereum remains undervalued despite its growing role in digital finance. Speaking at the Consensus conference in Miami, He said Ethereum could emerge as one of the biggest winners of the next crypto market rally, as artificial intelligence and tokenization increase demand for blockchain-based financial systems.　　As per Lee, the recent recovery in digital assets signals the end of the crypto downturn and positions Ethereum for long-term growth.　　“At the current price around $2,300, Ethereum is cheap,” Lee said during his presentation.　　Lee tied Ethereums outlook closely to the expansion of tokenized assets, stablecoins, and AI-powered digital agents, which he said will increasingly rely on decentralized payment and settlement networks.　　Ethereum price outlook tied to Bitcoin and tokenization growth　　Ethereum has historically traded at an average ratio of about 0.048 against Bitcoin, rising to roughly 0.087 during the 2021 crypto bull market.　　Using his projected Bitcoin fair value of $250,000, Lee said Ethereum could eventually rise toward $22,000 if previous valuation patterns return.　　He also pointed to Ethereums long consolidation period, saying the cryptocurrency has spent nearly five years trading within a broad range

05-08Ethereum

What to Expect from Bitcoin, ETH, XRP, Solana Options Expiry and US Nonfarm Payrolls Today?

Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) are falling as the U.S. Navy and Iran trade attacks, while President Trump confirms the ceasefire remains in effect. Traders are bracing for volatility as crypto options expiry coincides with the US Nonfarm payrolls and unemployment rate data release today.　　Almost $2 Billion in Bitcoin and ETH Options to Expire　　Almost 20K Bitcoin options with a notional value of $1.59 billion are set to expire on the largest derivatives crypto exchange Deribit on May 8. The put-call ratio is 0.73, indicating a bullish sentiment despite BTC price dropping more than 4% to $79K this week, especially after US initial jobless claims rose to 200K.　　In the last 24 hours, call volume is still higher than put volume. The put-call ratio is 0.66, indicating traders are bullish. Deribit data shows high volume options trading for the September 25 expiry, targeting $130,000 and $110,000 strikes prices.　　Moreover, the max pain price is at $79,500, lower than the current market price of $79,676. However, traders expect Bitcoin to reclaim $80,000 in the coming days.　　GreeksLive revealed that Bitcoin‘s short-term implied volatility (IV) saw a slight increase, but primary short-term IV stays around 35%. “Skew remains relatively stable with a very

05-08Ethereum

Ethereum’s most notorious sandwich bot targets Vitalik Buterin’s swap

Vitalik Buterin was targeted by a sandwich attack on April 30 after swapping a small amount of DigitalBits for Ether. Vitalik Buterin‘s small XDB swap was sandwiched by JaredfromSubway, Ethereum’s notorious MEV trading bot.The bot used about $1.14 million in WETH but likely lost money after gas.The incident renewed attention on encrypted mempools as Ethereum developers seek stronger protection against MEV.　　CoinDesk reported that the Ethereum co-founder exchanged about $3.86 in XDB for about $4.56 in ETH.　　The trade was front-run and back-run by the jaredfromsubway.eth bot in Ethereum block 24993038. The bot reportedly used about $1.14 million in wrapped Ether across SushiSwap and Uniswap V2 to move the XDB price around Buterins swap.　　JaredfromSubway returns to focus　　A sandwich attack happens when a bot sees a pending trade, places an order before it, lets the user trade at a worse price, then sells after it. This type of MEV directly extracts value from regular users by giving them poorer execution.　　In this case, the loss for Buterin was likely only a few cents. CoinDesk reported that the bot may have lost money after paying about $5.14 in gas fees. The case still showed how automated MEV systems scan even very small trades.　　JaredfromSubway is not

05-08Ethereum

LayerZero Default Security Flaw Exposes $178M In Cross-Chain Assets

A security vulnerability in the default code used by LayerZero to validate cross-chain messages has exposed over $178 million in assets, according to security researchers. The flaw, which affects the protocols Omnichain Fungible Tokens (OFTs), could allow attackers to forge messages and steal funds.　　How the Vulnerability Works　　Researcher Fishy Catfish reported that the default code used by LayerZero for message validation could be replaced by the development team, LayerZero Labs, without any time delay. This lack of a timelock creates a structural weakness that could be exploited to forge cross-chain messages, potentially allowing unauthorized transfers of OFTs.　　Projects at Risk　　The issue sparked a heated debate in the ETHSecurity communitys Telegram channel. Banteg, a well-known researcher with over 220,000 followers, noted that major projects like Ethena and EtherFi were using this vulnerable default setting until recently. While some projects have updated their configurations, approximately $178 million in assets remain exposed.　　Operational Security Concerns　　Fishy Catfish also raised concerns about the project‘s overall security management, citing on-chain data that suggests operational multi-signature keys were used for routine activities like memecoin trading. This is particularly troubling given LayerZero’s history of being targeted by North Korean hacking groups, highlighting the need for stricter operational security practices.　　Implications for the

05-08Industry

Hyperscalers’ Free Cash Flow Dips as AI Arms Race Hits Balance Sheets

The full-year free cash flow at Amazon, Alphabet, Meta, and Microsoft is set to fall to its lowest level since 2014.　　The decline reflects mounting pressure from heavy investments in artificial intelligence (AI).　　AI Spending Spree Pulls Big Tech Cash Flow Down　　According to recent estimates from Morgan Stanley, hyperscalers including Amazon, Alphabet, Meta, Microsoft, and Oracle could spend nearly $805 billion this year, up from an earlier projection of $765 billion. Forecasts for next year have also been raised sharply to $1.1 trillion.　　“To put that into perspective, their 2026 spending alone would be roughly equal to what all non-tech companies in the S&P 500 spent combined in 2025. The expected ~$800bn for 2026 is nearly double the 2025 levels and about three times what was spent in 2024,” reporter Holger Zschaepitz posted.　　The aggressive push into AI is leaving these tech giants with significantly less cash. Wall Street forecasts show the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta could drop to around $4 billion in the third quarter. This marks a dip from the quarterly average of $45 billion since the COVID-19 pandemic.　　“Their full-year free cash flow is set to hit the lowest level since 2014, when their revenues were

05-08Industry

Here’s Why XRP Price Could Rally 30% as RLUSD Hits $1.55B Amid BlackRocks Stablecoin Push

XRP price has dropped by more than 2% today, May 8, but this is not an isolated case because the rest of the market was in the red. But all hope is not lost for XRP bulls because there is a symmetrical triangle pattern reading that the price might move up by 30%. The catalyst for this could be the Ripple USD (RLUSD) stablecoin that just achieved a market cap of $1.55 billion, just as BlackRock said it is not against using stablecoins for payments.　　RLUSD Market Cap Soars as BlackRock Backs Stablecoin Payments　　The market cap for RLUSD just went above $1.55 billion, and this is quite a feat because by March 31, it had a reading of $1.24 billion. It has added $310 million in just seven weeks even with XRP price not going up.　　RLUSD Market Cap　　And this might just be the beginning of gains for RLUSD because BlackRock is now saying people can use stablecoins to pay for things. It published a post on X where it said that as long as the regulations are right, stablecoins can do a good job improving payment systems.　　The reason why this is good for XRP price is because BlackRock is now in

05-08Industry

21Shares TCAN ETF brings Canton Network exposure to U.S. investors

21Shares has launched the 21Shares Canton Network ETF, trading under the ticker TCAN on Nasdaq. 21Shares launched TCAN on Nasdaq, giving U.S. investors ETF exposure to Canton Coin through brokerages.Canton targets institutional settlement, privacy, and tokenized markets backed by banks and technology firms globally.Recent regulated access from AMINA adds context as Canton moves deeper into traditional finance markets.　　In a Thursday press release, the issuer said the fund is the first U.S. ETF built to give investors exposure to Canton Coin, the native utility token of the Canton Network.　　The fund began with a 0.50% gross expense ratio and an inception date of May 7, 2026. 21Shares US LLC is listed as the issuer. The launch gives investors access to Canton through a listed investment product rather than direct token custody.　　Canton targets institutional finance　　Canton Network is a privacy-enabled blockchain system built for capital markets. The 21Shares release said institutions such as Goldman Sachs, Microsoft, and Deutsche Bank have participated in testing or served as validators or governance participants.　　21Shares said those names should not be read as endorsements of Canton Coin, Canton Network, or TCAN. Andres Valencia, EVP of Investment Management at 21Shares, said,　　“The Canton Network has attracted significant institutional interest given its

05-08Industry

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