DeFI News by Thebittimes.Com

The Ethereum price plunged 2% in the last 24 hours to trade at $4,013 as of 3:33 a.m. EST on trading volume that dropped 28% to $41.6 billion. Tom Lee’s BitMine Immersion Technologies took the opportunity buy the dip, snapping up 104,336 ETH worth about $417 million from Kraken and BitGo, according to on-chain data from Lookonchain. The fresh acquisition follows the company’s $828 million purchase last week. It looks like Bitmine(@BitMNR) just bought another 104,336 $ETH($417M). Over the past 7 hours, 3 new wallets received 104,336 $ETH($417M) from #Kraken and #BitGo. Despite the crypto market crash, Tom Lee still predicts $ETH will hit $10K by year-end.https://t.co/KewyZ4cAeP… pic.twitter.com/Vn5b9ijP2Z — Lookonchain (@lookonchain) October 16, 2025 “The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of,” said BitMine chairman Lee.  “Volatility creates deleveraging, and this ...

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes Ethereum (ETH) is on the verge of an explosive move to the upside. The analyst pseudonymously known as Pentoshi tells his 884,200 followers on X that ETH may increase more than 15% its current value in the coming weeks after a period of price consolidation. “ETH maybe a little chopsolidation but then we see it teleport above $5,000 in the next couple weeks in my opinion. A little patience goes a long ways here.” Source: Pentoshi/X ETH is trading for $4,314 at time of writing, down 2.9% in the last 24 hours. Next up, he says that Solana (SOL) may soon print new all-time highs if the ETH rival breaks through resistance in the mid-$200 range. “SOL very similar to ETH in that sense.” Source: Pentoshi/X SOL is trading for $219 at time of writing, down 1% on the day. Looking at Floki (FLOKI), the analyst says the memecoin may be printing a bullish pat...

PayPal is about to make crypto transfers in the US easier with one-time payment links for Bitcoin, Ethereum, PYUSD, and other tokens. Users will be able to generate a single-use link in the app to send payments via text, email, or direct message, according to a press release . Links expire after ten days, and transfers between friends and family via PayPal and Venmo are exempt from 1099-K reporting, meaning users won’t have to file extra tax forms for these transactions. The move signals a push to makes crypto payments more practical for everyday use. PayPal plans to expand the feature internationally and allow one-time crypto payments for a broader range of cryptos, signaling a push to take digital assets mainstream. Launching today: PayPal links 🚀 Send and receive money as easily as sending a message–just share a one-time link by text, DM, or email. Live now in the US, and more markets soon. Coming next: crypto support for peer-to-peer via the PayPal app...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin (BTC) and Ethereum (ETH), the two largest crypto projects by market cap, have hit new all-time highs this month. According to CoinGecko’s Bitcoin data, BTC climbed to a new peak of $124,128 on Aug. 14. ETH, on the other hand, hit a new high of $4,946.05 on Aug. 24. Despite the incredible bullish move, both BTC and ETH have fallen by more than 10% from their respective all-time highs. Let’s discuss if things will improve in September. Will Bitcoin and Ethereum Hit Another All-Time High In September? Source: Watcher.Guru September has historically been a bearish month for Bitcoin (BTC). Given that BTC is the market leader, and other assets follow its trajectory, September has been a bearish month for the general crypto market. If BTC continues to follow its historical pattern, we may see the asset face further correction. Ethereum’s (ETH) price will also suffer under such circumstances. However, there is a high chance of an interest rate cut in September. A rate ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Ethereum (ETH) is trading at a new all-time high as the second-ranked cryptocurrency by market cap continues to record a surge in capital inflow that has grown over $20 billion in the past day.  Specifically, the asset recorded an inflow of $23.61 billion to its market cap in the past 24 hours, rising from $573.50 billion to $597.11 billion by press time. This growth has also been reflected in price movement, with Ethereum trading at $4,927, nearly 4% higher on the day and up 9% over the past week. ETH one-day market cap chart. Source: CoinMarketCap Why ETH is rallying  Several catalysts have driven the rally. For instance, on August 24, entities holding between 1,000 and 10,000 ETH purchased $2.5 billion worth of tokens, the largest single-day inflow since 2018. Indeed, such whale accumulation usually points to a possible bullish sentiment.  At the same time, developers confirmed that the Fusaka hard fork will activate between November 5 and ...

Ethereum (ETH) made quite a recovery today, registering more than 3% gains in the daily charts at one point. ETH’s price hit $4368.07 earlier today, but has since fallen to $4301.80. According to CoinGecko’s ETH data, the second-largest crypto by market cap is currently up by 2.9% in the daily charts, 17.5% in the 14-day charts, 16.9% in the monthly charts, and 65.9% since August 2024. Source: CoinGecko Will Ethereum’s Price Gain Steam After The Fed’s Jackson Hole Meeting? Source: Watcher.Guru The Jackson Hole Economic Policy Symposium, or simply the Jackson Hole meeting, is an annual meeting organized by the Federal Reserve Bank of Kansas City. This year, the meeting is scheduled to take place from Aug. 21–23, 2025. The meeting is closely watched by investors as it often gives clues about future policy directions. The discussions of the meeting can influence global markets. Ethereum’s latest price rally comes just ahead of this year’s Jackson Hole me...

Ethereum’s Role in the AI + Blockchain Convergence! The merging of two technological frontrunners—Artificial Intelligence (AI) and blockchain—is gaining traction globally. Ethereum, the leading smart contract platform, is at the heart of this convergence. Its capabilities in trust, decentralization, and automation offer immense potential to reshape digital infrastructure. Why Ethereum & AI Are a Natural Match 1. Trust & Transparency for AI: Ethereum’s immutable ledger and smart contracts offer transparency into AI models—tracking data provenance, training procedures, and model updates. This reduces the opacity of “black box” AI systems, promoting accountability. Research highlights how verifiable smart contracts can record AI training data and decision logic, thereby enhancing trustworthiness 2. Secure and Fair Data Practices: With individuals controlling their data, Ethereum enables decentralized marketplaces where data owners can license AI training datasets securely via smar...