Browsing: Ethereum

Citigroup has raised its 12 month Bitcoin forecast to $113,000 and its Ether target to $3,028 as ETF inflows return and crypto markets recover from their midyear slump. Citi raised its 12 month Bitcoin target from $82,000 to $113,000 and its Ether forecast from $2,240 to $3,028. The bank expects $5 billion in crypto inflows…

Bitcoin (BTC) rose 42.7% in the third quarter, its best quarterly performance since jumping 68.7% in the first quarter of 2024. Ether (ETH) rose 70.8%, its best result since soaring 160.7% in the first quarter of 2021.

PERPTools has raised $8 million across two token funding rounds after its perpetual trading platform recorded $240 million in volume during private beta testing. PERPTools raised $8 million across two rounds backed by DEXTools Ventures, Orderly Network, NEAR, Animoca Brands and other investors. The platform has recorded $240 million in private beta trading volume and…

Metaplanet’s independent directors have defended the company’s executive share plan after weeks of shareholder criticism, arguing that management took financial risk when the rights were created and that the board has since cut the potential share pool by roughly 41%. Metaplanet directors defended the Series 10 warrant plan after weeks of shareholder criticism over dilution.

Malaysian police have detained two men and seized 30 Bitcoin mining machines after uncovering an operation in Seri Iskandar that allegedly used an illegal electricity connection.on. Malaysian police detained two men and seized 30 Bitcoin mining machines from a premises in Seri Iskandar. Investigators said the mining operation was allegedly powered through an illegal electricity…

Pump.fun has climbed roughly 14% over the past 24 hours, pushing PUMP close to $0.006 as strong technical momentum and continued token buybacks keep traders focused on a possible breakout. PUMP trades near $0.0058 after gaining roughly 14% in twenty-four hours, CoinGecko data shows. Pump.fun spent $1.02 million buying and burning 187.1 million PUMP tokens…

Shaurya is a Senior Ecosystems Analyst driving CoinDesk’s market-leading coverage on tokens, data and insights, with a deep focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

A roughly $16 million exchange deposit and a separate $5.78 million sale have been combined into headlines about a $22 million whale dump. The distinction matters because Hyperliquid Strategies has been accumulating HYPE too. Its SEC filing shows how a public treasury chooses when to buy and what its 33.2 million-token position really represents. Lookonchain…

Shaurya is a Senior Ecosystems Analyst driving CoinDesk’s market-leading coverage on tokens, data and insights, with a deep focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…