SharpLink Gaming to Raise $400M More, Boost Ethereum Holdings Beyond $3B

SharpLink Gaming announced plans to raise an additional $400 million by selling shares directly to five major global institutional investors. This move will significantly boost the company’s Ethereum holdings, pushing their total value beyond $3 billion.

As of August 10, 2025, SharpLink already holds about 598,800 Ether (ETH) and has $200 million from a previous fundraising round that remains unused. Earlier on August 8, the company secured $200 million in stock deals at $19.50 per share with four large institutional investors, aiming to increase its ETH holdings above $2 billion.

Co-CEO Joseph Chalom emphasized that raising nearly $900 million in one week showcases strong investor confidence in SharpLink’s strategy of holding Ethereum. He highlighted growing market belief in Ethereum’s potential to disrupt industries worldwide.

The new $400 million deal is priced at $21.76 per share and is expected to close on August 12, 2025, pending standard regulatory approvals. The offering is conducted under a U.S. SEC-approved registration.

SharpLink’s shares (SBET) recently closed at $23.92, with after-hours trading pushing prices higher. At the same time, Ethereum trades near $4,183, reflecting a market cap of over $504 billion.

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Ethereum Price Eyes $4,350 as Bulls Defend $4K Support — Key Levels to Watch

Ethereum (ETH) is riding a wave of bullish momentum, surging 3.46% in a single day to briefly touch $4,045 before facing a minor pullback. The second-largest cryptocurrency now stands firm above the key $4,000 psychological mark, sparking optimism among traders and investors.

The $4,045 level is a crucial resistance zone, previously acting as a strong barrier during the market correction in late 2024. Should ETH sustain above $4K, immediate support levels lie at $3,760 and $3,500, offering potential entry points for bullish traders in case of a dip.

Technical indicators signal a strong uptrend. The Relative Strength Index (RSI) sits at 69.01, approaching overbought territory but still reflecting robust buying pressure. Meanwhile, the MACD line (183.98) remains above the signal line (175.01), reinforcing bullish sentiment despite ongoing volatility.

If Ethereum breaks above $4,050, the next target could be $4,350 in the coming week. However, failure to hold $4K might trigger a swift correction toward $3,760. In this pivotal moment, market participants are closely watching whether ETH will extend its rally or face a short-term reversal.

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Bitcoin($120K?), Ethereum & XRP Set for Bullish Breakout Next Week? Price Predictions Inside

Bitcoin reclaims $117K, Ethereum eyes $4.3K, and XRP jumps 13% as bulls return. Will this bullish momentum hold into next week?

Bitcoin Price Prediction: Can BTC Hit $120K Next Week? Ethereum & XRP Join the Rally

The crypto bulls are back in action 🔥. After weeks of sideways chop, Bitcoin, Ethereum, and XRP have finally broken out of key resistance levels — and the charts are looking 🔥 for a bullish continuation next week.

Bitcoin Aims for $120K

Bitcoin has reclaimed the $116K zone and hit a 24H high of $117,689, pushing toward its next key target at $120,000. The MACD indicator on the daily chart shows a possible Golden Cross incoming, which could signal sustained buying pressure.

BTC dominance sits strong at 60%, and the asset trades just 6% below its ATH of $123,091. If the bullish momentum holds, BTC could surge past $117.5K and test upper resistance soon. However, key supports rest at $115,000 and $110,485 if sentiment cools off.

Ethereum Eyes $4.3K

Ethereum (ETH) is also making waves — bouncing back hard from a near breakdown and shooting up 9% in just 6 days. Currently trading around $3,983, ETH could hit $4,350 if it breaks above immediate resistance at $4,042. The RSI at 67.62 shows growing market strength, though any pullback could see it retest $3,850 or $3,760.

XRP Rockets 13% in a Week

XRP is trending again 📈. After reclaiming the $3 level, it surged 13% this week and could soon push toward $3.50 if bulls hold the line. The Bear Bull Power (BBP) indicator suggests major inflows — though profit-taking could drag it down to $3.25 or $3.00.

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Breaking ! Ethereum Forms Bull Pennant as Daily Transactions Hit #1 Record High

ETH’s Lighting Up Daily Activity Explodes Ahead of Possible $5K Breakout

Ethereum’s mood today is electric. Not only is ETH up by a solid ~5%, it’s forming a classic bull pennant pattern while daily transactions hit fresh all-time highs.

Ethereum Sets Up for a Breakout

Coin World reports that Ethereum is showing a bull pennant on its daily chart a consolidation formation after a huge rally from under $2K to above $3.6K. If ETH can hold above $3,800–$3,900 with strong volume, it could be primed for a moonshot toward $5,000.

Meanwhile, network engagement has gone through the roof. Daily transactions recently averaged between 1.74 million and 1.87 million, nearing the all-time high of 1.96M thanks to surges in DeFi usage, stablecoin transfers, and institutional flows.

Layer all this on a 5% price gain (ETH now hovering around $3,806), and you’ve got institutional confidence and active demand rallying behind the rally.

Network activity is blazing, technical patterns hint at a breakout, and institutional demand is ramping up Ethereum is looking bullish. Just watch if it can hold key levels and break that pennant threshold.

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Ethereum Drops 6% to $3,630 After Rally – Will $4K Break or Trigger a Correction?

Ethereum (ETH) has dropped 6% in 24 hours, falling to around $3,630, according to CoinMarketCap. The decline follows a powerful 50% rally in July, Ethereum’s strongest monthly performance in three years. Traders had expected continued momentum, fueled by spot ETH ETF inflows and growing corporate reserves, but the $4,000 resistance proved too strong.

ethereum

ETF holdings grew to $21.85 billion, and institutional reserves passed $10 billion, yet market sentiment flipped bearish near a key supply zone above $3,800. Crypto analyst Crypto Fella points out that ETH broke several resistance levels from $2,600 to $3,500, but the $4K mark remains a crucial barrier.

If ETH fails to break above $4,000, it could slide back to the $3,300–$3,500 range. However, holding above $2,900 keeps the bullish structure intact.

Analyst Merlijn The Trader sees similarities with Ethereum’s 2021 bull cycle, predicting a potential breakout toward $8,000–$11,000 if the pattern repeats. The market is at a tipping point—a breakout could trigger a mega rally, while rejection may spark a short-term correction.

With ETFs expanding and institutional demand rising, Ethereum’s next move could define the rest of 2025.

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Breaking ! Ethereum Transactions Surge 70% as Network Hits 18-Month High

Ethereum’s Back: Daily Transactions Soar as DeFi Gets Lit Again

ETH is heating up again. The OG smart contract platform just clocked a 70% month-over-month spike in network transactions, according to Etherscan. This activity explosion comes alongside a price pump ETH went from $1,800 in April to nearly $3,915 in July. That’s a 120% gain, btw.

Average daily Ethereum transactions were around 1 million back in January 2025. Fast-forward to July, and that number hit 1.82 million per day the highest since early 2024. The trend? 🔼 Definitely up.

Why ETH Activity Is Going Crazy Right Now

So what’s driving the hype? A few things:

  1. DeFi’s back, thanks to clearer crypto regs especially around stablecoins.
  2. Institutional FOMO is real. Firms like BitMine, SharpLink, and The Ether Machine are now holding over $10B in ETH reserves. Big wallets = big moves.

Still, Ethereum’s not topping the charts just yet. According to Artemis, Hyperliquid L1 is crushing it with 847 million daily transactions (yeah, million). Internet Protocol and Solana are second and third, while Ethereum is currently ranked 18th. Ouch.

Other next-gen chains like Sei, Near, Sui, and Aptos and even L2s like Base and Arbitrum are pushing Ethereum to level up or get left behind.

But with ETH back on the radar, expect more fire ahead.

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Ethereum Falls 6% After Rally, $4K Resistance Stalls Momentum Despite ETF Inflows

After posting its strongest monthly rally in three years, Ethereum (ETH) has hit a wall near $4,000. The asset dropped nearly 6% in the past 24 hours to $3,630, per CoinMarketCap, signaling renewed sell pressure at a well-known resistance level.

ethereum

July saw ETH rise over 50%, driven by growing spot ETF inflows and institutional demand. Spot ETH ETF holdings now stand at $21.85 billion, and corporate reserves have climbed past $10 billion. Yet, despite this bullish backdrop, ETH’s momentum stalled near $4,000—a price zone where traders historically unload.

Technical analyst Crypto Fella highlights that ETH has cleared major resistance zones between $2,600 and $3,500. However, the $3,800–$4,000 region remains heavy with sell orders. Failure to push through could lead ETH back to the $3,300–$3,500 area in the short term, although support remains strong above $2,900.

Merlijn The Trader draws parallels to ETH’s 2021 run, where a similar pattern led to a massive surge toward $8,000+. He sees this recent pullback as a possible setup for another explosive move—if bulls regain control.

Ethereum now faces a defining moment. A clean break above $4,000 could unlock the next major leg up—or signal short-term exhaustion.\

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Crypto Insane: 7 Real Events That Shook the Blockchain World Today

What Happened in the Crypto World Today

Yo, crypto fam it’s been a wild ride today. Whether you’re deep in DeFi or casually holding some meme bags, you need this roundup. Let’s break down 7 things that actually happened in the crypto scene in the past 24 hours no fluff, just facts.

Crypto Reality Check: 7 Events You Missed

  1. Bitcoin held strong around $118,500 after a shaky moment when the U.S. Fed decided to keep rates steady. Price dipped for a sec but bounced right back. ETH and SOL also saw solid green candles.
  2. The White House dropped a massive 160-page crypto framework they’re trying to pin down what counts as a security and what doesn’t. TLDR: SEC and CFTC are about to get real busy.
  3. Syz Capital is making moves again. They’re reopening their BTC hedge fund with 2,000 BTC (~$200M) already being stacked.
  4. A dude in India just got busted for stealing over ₹379 crore ($44M) from CoinDCX. Wildest part? He might’ve used a freelance gig as a cover.
  5. In the UAE, RAKBANK became the first traditional bank to offer crypto trading straight to retail customers. Gamechanger for the region.
  6. NFTs are still hot sales in July hit $583M, a 47% jump. ETH-based collections dominated as usual.
  7. Overall market is slightly green, with 75 of the top 100 coins in the green zone. Total market cap is sitting around $3.96T.

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Ethereum Strategy Raises $46.5M in ETH Presale Ahead of STRAT Token Launch

Ethereum-native treasury protocol ETH Strategy has successfully raised $46.5 million in presale funding. The capital raise brought in 12,342 ETH across private (6,900 ETH), public (1,242 ETH), and warrant-based (4,200 ETH) offerings, marking the end of the project’s prelaunch phase.

ethereum

The team confirmed the news via X, saying this milestone sets the stage for the phased rollout of its core DeFi infrastructure. Of the funds raised, 11,817 ETH will go toward ETH staking, liquidity provisioning, and protocol operations. The remaining 525 ETH will fund development, audits, compensation, and community incentives.

The STRAT token is set to launch at 9:00 a.m. ET on Tuesday via Uniswap v4. A unique single-sided pool with an At-The-Money (ATM) mechanism will be used to stabilize earnings per share (EPS), enhancing the protocol’s capital efficiency.

ETH Strategy aims to offer leveraged ETH exposure without the risk of margin liquidations or volatility decay. It plans to use protocol-convertible debt and at-the-market (ATM) offerings to achieve this.

Elsewhere in the Ethereum ecosystem, BTCS Inc. expanded its reserves to 70,028 ETH, while a HashKey Capital-linked wallet deposited 12,000 ETH to a CEX, signaling broader ETH accumulation trends.

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Insane ! Crypto $379M Liquidated in 24H as Ethereum Leads Crypto Wipeout

$379M Liquidated in Crypto Market in 24H, Over 120K Traders Affected

More than $379 million worth of crypto positions were wiped out in the past 24 hours, impacting over 120,000 traders, according to data from CoinGlass. The sudden liquidations reflect heightened volatility and increased leverage across major crypto assets, with Ethereum (ETH) traders bearing the largest losses.

Ethereum Tops Daily Liquidation Charts

Ethereum traders lost over $122 million combined, split between $68 million in long positions and $54 million in shorts. Analysts believe the volatility near key resistance and support levels forced both bullish and bearish traders out of the market.

As ETH price hovers around technical zones with no strong breakout, both sides of the market were caught off guard.

Bitcoin Losses Lower, but Shorts Took a Hit

Bitcoin-related liquidations totaled $35.5 million, with most losses occurring on the short side. This suggests many traders expected a pullback, but BTC’s stability near all-time highs flipped expectations.

Despite the relatively smaller figure, Bitcoin’s resilience continues to squeeze out bearish positions as the market holds firm in bullish territory.

HTX Sees Largest Liquidation at $2.68 Million

The single largest liquidation recorded in this cycle was a $2.68 million short position on the ETH/USDT pair on the HTX exchange. Though Ethereum’s price movement remained muted, the high leverage involved triggered a full liquidation—highlighting the risks of overexposure.

This event reinforces the classic crypto warning: using borrowed capital can magnify both gains and losses—and even small price movements can lead to massive wipeouts.

2025’s High-Risk Trend Persists

The current liquidation event is part of a broader 2025 trend: increased leverage, more frequent margin calls, and high-volume liquidations amid uncertain macro conditions. Crypto markets are swinging fast, and overleveraged traders continue to suffer the consequences.

According to analysts, many of the 120,000+ affected traders were shorting the market. But instead of dipping, prices held or climbed slightly—just enough to trigger liquidations across major exchanges.

Final Warning: Leverage Carries Extreme Risk

This sharp $379 million wipeout serves as a reminder to traders: crypto can be calm one moment and devastating the next. Even without major news or market crashes, small price fluctuations can cause massive losses when leverage is involved.

Investors should remain cautious, especially when using margin or derivatives, as 2025 continues to see high volatility and quick reversals across digital assets.

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