Wallet in Telegram has partnered with Monad to list its native MON token, enabling users to trade and stake directly within the messaging app. This integration marks Monad’s debut as the first project launched through Coinbase’s new ICO platform, bringing high-performance blockchain technology to Telegram’s global user base of over 140 million wallet users. The collaboration represents a significant step in making sophisticated crypto infrastructure accessible to retail investors worldwide.
about Telegram Wallet Lists Monad Token for In-App TradingElectric Capital
0 in Finance and 0 in Crypto last weekEthereum Leads Crypto Developer Growth in 2023
Ethereum has solidified its position as the leading destination for blockchain developers, attracting over 16,000 new coders to its ecosystem in the first nine months of 2023 according to data from Electric Capital. The Ethereum Foundation’s citation of this data underscores the platform’s continued dominance in the competitive blockchain landscape, with Solana emerging as a strong second choice with approximately 11,500 developers, though the Solana Foundation has raised questions about the timeliness of these figures. Bitcoin maintained a steady third position with nearly 7,500 new developers, demonstrating sustained interest across major blockchain platforms despite ongoing market volatility.
about Ethereum Leads Crypto Developer Growth in 2023Etherealize Raises $40M to Bridge TradFi with Ethereum
Etherealize, a company dedicated to building infrastructure that enables traditional financial institutions to operate on Ethereum, has closed a $40 million funding round. The investment was led by prominent crypto venture firms Electric Capital and Paradigm, signaling strong confidence in Etherealize’s vision. This follows an initial grant from Vitalik Buterin and the Ethereum Foundation in 2024, which supported the company’s early-stage development and outreach efforts. With this new capital, Etherealize aims to expand its suite of tools focused on tokenized assets and privacy-preserving settlement solutions, positioning itself as a critical enabler for institutional adoption of Ethereum.
about Etherealize Raises $40M to Bridge TradFi with EthereumBitmine Buys $64.7M ETH Dip, Expands Treasury Lead
Bitmine Immersion Technologies capitalized on Ether’s recent price decline, purchasing 14,665 ETH worth approximately $64.7 million as prices dipped below $4,300. This acquisition expands Bitmine’s Ethereum treasury to 1.87 million ETH valued at $8.2 billion, representing 1.54% of all ETH in circulation. The move coincides with optimistic price predictions from analysts, including Fundstrat’s speculative scenario of ETH reaching $75,000 based on historical patterns, though more conservative forecasts from Standard Chartered target $7,500 by year-end and $25,000 by 2028. In related developments, Ethereum infrastructure company Etherealize secured $40 million in funding from Electric Capital and Paradigm to further its mission of integrating traditional finance with Ethereum, highlighting growing institutional confidence in the network’s future.
about Bitmine Buys $64.7M ETH Dip, Expands Treasury LeadEtherealize Raises $40M to Drive Ethereum Adoption on Wall Street
Ethereum advocacy company Etherealize has successfully closed a $40 million funding round with leading crypto venture firms Electric Capital and Paradigm. This significant investment arrives during a week where public companies have added over $1.2 billion worth of Ether to their corporate treasuries, signaling growing institutional interest. Etherealize, which launched in January with initial backing from the Ethereum Foundation and co-founder Vitalik Buterin, will use the capital to expand its educational efforts targeting Wall Street institutions. The company’s mission focuses on promoting understanding and adoption of Ethereum blockchain technology and the ETH token among traditional financial players.
about Etherealize Raises $40M to Drive Ethereum Adoption on Wall StreetETHZilla’s $425M PIPE Financing & Ethereum Yield Strategy
ETHZilla has completed a $425 million PIPE financing with backing from major investors like Harbour Island, Electric Capital, and Polychain Capital. The firm plans to leverage Ethereum-based strategies—staking, lending, and liquidity provisioning—to outperform traditional ETH staking yields. Despite market trends favoring altcoins, ETHZilla remains committed to an Ethereum-only treasury, citing ETH’s inherent yield potential and growing adoption. The DeFi Council will provide non-binding advisory input, while Electric Capital manages yield generation. ETHZilla anticipates significant ETH price appreciation as real-world assets migrate on-chain, reinforcing its long-term Ethereum focus.
about ETHZilla's $425M PIPE Financing & Ethereum Yield StrategyBiotech Firm Rebrands as ETHZilla to Launch Ethereum Treasury
180 Life Sciences is transforming into ETHZilla, pivoting from biotech to crypto by raising $425 million via a PIPE offering to build an Ethereum treasury. The firm plans to use proceeds to buy ETH and generate yield through a partnership with Electric Capital, targeting 3-10% returns. Despite shares being down 99% from their all-time high, the stock surged 10% on the announcement. ETHZilla aims to become a dominant player in ETH treasury management, reinvesting yield to expand its holdings. The rebranding reflects its ambition to be a major force in the crypto treasury space, joining other firms like SharpLink Gaming in staking ETH for shareholder returns.
about Biotech Firm Rebrands as ETHZilla to Launch Ethereum TreasuryEthereum Surges 7% to $2,787 Amid Bullish Analyst Predictions
Ethereum (ETH) experienced a notable 7% price surge, climbing to $2,787 during early Asian trading—a four-week high. Analysts, including Michaël van de Poppe and Ted Pillows, are bullish, predicting upward momentum and comparing ETH’s current trajectory to Bitcoin’s 2020-21 cycle. However, resistance near $3,000 remains a hurdle. Meanwhile, Bitcoin briefly hit a new all-time high of $120,000 before retracing to $111,000. The combined rally of ETH and BTC added $100 billion to the crypto market cap, now at $3.53 billion. Altcoins like XRP and Dogecoin also posted gains, signaling broad market optimism.
about Ethereum Surges 7% to $2,787 Amid Bullish Analyst PredictionsEthereum Emerges as Global Financial Backbone for Stablecoins
A new research report by Electric Capital highlights Ethereum’s growing dominance as the financial infrastructure for the global stablecoin economy. With over $260 billion in stablecoin market capitalization, Ethereum is facilitating dollar access for billions, particularly in emerging markets. The blockchain’s security, decentralization, and institutional-grade infrastructure make it uniquely suited to serve as the settlement layer for the digital dollar economy, akin to Treasuries in traditional finance. As stablecoin demand grows, Ethereum stands to benefit from increased ETH usage in DeFi, staking, and institutional investment. The report underscores that no competing blockchain currently matches Ethereum’s capabilities, solidifying its role as the foundation of on-chain finance.
about Ethereum Emerges as Global Financial Backbone for StablecoinsSUI Crypto Surges 15% on Institutional Backing & Bullish Sentiment
SUI’s price surged past $3 following Lion Group Holding Ltd.’s announcement to include it in its $600 million crypto treasury, driving a 15% weekly gain. The Sui blockchain, emerging as a Solana rival, saw a 54% growth in developer activity over two years, per Electric Capital. Despite a 5% dip in 24 hours, SUI remains bullish, with traders like ‘Crypto God John’ projecting a potential $10 target. However, a $119 million token unlock introduces short-term caution, while the network recovers from a recent hack with a $10 million security initiative. Institutional interest, including from Grayscale, underscores SUI’s momentum amid a broader altcoin rally.
about SUI Crypto Surges 15% on Institutional Backing & Bullish SentimentNEAR Protocol Proposes 50% Cut in Token Inflation Rate
HOT Protocol, a decentralized group on NEAR, has proposed reducing the network’s annual token inflation rate from 5% to 2.5% to address supply growth and dilution concerns. The current inflation rate, coupled with minimal fee burns (only 0.1% of supply burned last year), has led to unsustainable supply expansion. The proposal also suggests cutting staking yields from 9% to 4.5% to boost DeFi competitiveness. Backed by NEAR co-founder Illia Polosukhin and Electric Capital’s Avichal Garg, the plan is now undergoing a validator vote requiring a two-thirds majority. If approved, implementation is expected by Q3 2025.
about NEAR Protocol Proposes 50% Cut in Token Inflation RateSharpLink Shares Drop 38% Despite $425M ETH Treasury Plan
SharpLink Gaming, a gambling marketing firm, saw its shares drop over 38% despite finalizing a $425 million funding round to acquire Ethereum, positioning itself as the largest publicly traded ETH holder. The investment, led by Consensys and joined by Galaxy Digital and Pantera Capital, marks a strategic pivot toward digital asset treasuries. Despite the stock’s recent volatility—down 62% from last week’s peak but up 1,162% over the past month—the move reflects growing corporate interest in crypto treasuries, following trends set by MicroStrategy and Trump Media. Ethereum, though lagging behind Bitcoin and Solana recently, shows signs of optimism with analysts predicting potential highs of $5,000 by 2025.
about SharpLink Shares Drop 38% Despite $425M ETH Treasury Plan