Ethereum (ETH) News Today

Latest crypto news and price forecasts for ETH: Gate News brings together the latest updates, market analysis, and in-depth insights.
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Tokenized RWA grows 309% annually, with Ethereum holding a 57% share dominating the institutional market

The tokenization of real-world assets (RWA) market reached $26.7 billion in March this year, a 309% increase compared to last year. Despite the overall downturn in the crypto market, institutional demand for tokenized assets continues to grow, with Ethereum dominating over 57% of the market share, making it the preferred choice for institutions. Although alternative chains like Solana are developing rapidly, Ethereum's security and ecosystem make its position difficult to challenge. Market growth is mainly driven by improved regulatory environments and the demonstration effect from financial institutions.
RWA0,84%
ETH0,3%
SOL-1,04%
ARB0,26%
MarketWhisper·1h ago
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BitMine is sweeping up 60,000 ETH! Tom Lee confidently states: "The mini crypto winter" is coming to an end.

Bitmine Immersion Technologies recently purchased 60,976 Ethereum, totaling approximately $120 million, to support the crypto market. Despite facing $7.8 billion in unrealized losses, Chairman Tom Lee remains actively buying, believing the market is close to the bottom. The company plans to stake all its Ethereum, with an estimated annualized return of $259 million, urging investors to seize the bottoming opportunity.
ETH0,3%
区块客·2h ago

Ethereum spot ETF had a net inflow of $57.012 million yesterday, with none of the nine ETFs experiencing net outflows.

As of March 12, Ethereum spot ETFs recorded a total net inflow of $57.012 million on March 11, 2023, in Eastern Time, with all nine ETFs experiencing no net outflows. Among them, the Fidelity ETF had the highest net inflow at $19.1332 million, with a total net inflow of $2.333 billion. Grayscale Ethereum Mini Trust ETF followed, with a single-day net inflow of $19.0788 million and a total net inflow of $1.842 billion. Currently, the total net asset value of Ethereum spot ETFs is $11.85 billion, with a net asset ratio of 4.75%.
ETH0,3%
GateNews·2h ago

Mega Financial states "Banks are more cost-effective than stablecoins," sparking controversy; experimental design is biased

Chairman Dong Rui-bin of Mega Financial Holding's experimental conclusion that bank costs are lower than stablecoins for remittances exceeding $7,000 has sparked widespread criticism in Taiwan's crypto community. Critics pointed out that the experimental design was unfair, incorporating unnecessary exchange costs, making the comparison unequal. Financial researcher Yu Zhe-an analyzed that this may reflect the influence of institutional bias on the research. For users actually using stablecoins, the advantages of banks are not as significant as the experiment suggests.
ETH0,3%
TRX0,8%
MarketWhisper·3h ago
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A certain whale has withdrawn 63,324 ETH worth $131 million from a certain CEX in the past two days.

Gate News reports that on March 12, on-chain analyst Yu Jin monitored that a certain whale/institution withdrew 44,888 ETH from a CEX yesterday (March 11), and early this morning, it withdrew another 18,436 ETH (worth $38.26 million) from the same exchange. In other words, the whale withdrew a total of 63,324 ETH (worth $131 million) from the CEX over a period of more than one day, at an average withdrawal price of $2,072. These ETH are currently stored across four different wallets.
ETH0,3%
GateNews·6h ago

ETH funding rate turns negative: Are ETH bears back in control?

Ether’s price trajectory has remained tepid as institutional interest wavered and on-chain activity cooled, even as Ethereum developers push forward with upgrades designed to improve scalability and wallet security. Over the last month, the asset has struggled to sustain above $2,100, with a
CryptoBreaking·6h ago

Pump.fun registers subdomains on Base, BSC, Monad, and Ethereum, or will expand to support multiple chains

Gate News Report, March 12 — According to SolanaFloor, Pump.fun has registered subdomains on Base, BSC, Monad, and Ethereum, indicating that the platform may be considering expanding from the Solana ecosystem to other blockchain networks. At the same time, Pump.fun also removed the "Solana" location tag from its X profile.
GateNews·6h ago