Blackrock Crypto Ambitions Rest On Ether: Ethereum Price Prediction And ETH News

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Chalom said, “Ethereum has the majority of stablecoins, tokenized assets, and high-quality smart contract activity. If you’re going to digitize finance, you need a chain institutions can trust — and it’s Ethereum.”Also, as Chalom puts it, is a productive asset. Unlike BTC, which mostly sits in investment portfolios, ETH users can stake their coins and earn around 3% yield a year.Now, as SharpLink’s Co-CEO, Chalom has put the money where his mouth is. The company owns over $3 Bn in ETH, and nearly all of it is staked.Moreover, with partnerships in play with Consensys, Linea, and EigenLayer, the company is exploring “Restaking,” which is basically earning more yield while keeping its ETH safe with custodians.Chalom does not think of ETH as a speculative tech. Instead, he sees it as the base for the next wave of digital finance to jump off of. “Over time,” he said, “we won’t call it DeFi or TradFi. We’ll just call it finance. And Ethereum will be the infrastructure underneath.”SharpLink is one of the many DAT (Digital Asset Treasury) companies holding a large amount of ETH. But according to Chalom, most of these companies won’t be able to grow successfully. He believes that without enough trading activity, solid financials, and in-house teams to manage staking and investments, many of them will fall short.EXPLORE: Top 20 Crypto to Buy in 2025ETH’s price action is under pressure. On the daily chart, it is still trading below the 20-day and the 50-day exponential moving averages (EMA), meaning that buyers are not in control at the moment.Currently trading at , its relative strength index (RSI) is low at 46, but it hasn’t bounced yet, signaling that demand is weak but not exhausted.ETH has support around $3,200, where buyers step in. Resistance is near $3,550, where sellers have previously pushed the price down. If ETH stays above $3,200, it could stabilize or recover slightly.:(Source: TradingView)However, if it falls below that, it might slide further towards $3,000. ,Zooming in on the 4-hour chart, short-term signals show bearish control. Its price action has been rejected near $3,450, confirming that sellers are active at this level.With support holding between $3,190 and $3,250, the Bollinger bands are tightening, indicating a bigger move on the horizon. To flip the trend, ETH has to break convincingly above $3,450.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,750.88 -100.04 (-1.46%)Dow 3047,643.25 -611.57 (-1.27%)Nasdaq22,885.76 -520.69 (-2.22%)Russell 20002,384.34 -66.46 (-2.71%)VIX20.90 +3.39 (+19.33%)Gold4,160.40 -53.20 (-1.26%)PortfolioSign in to access your portfolioSign inTop gainersONDS Ondas Holdings Inc. 6.62 +1.10 (+20.05%)CLBT Cellebrite DI Ltd. 19.18 +3.20 (+20.07%)SEE Sealed Air Corporation 42.93 +6.54 (+17.99%)DDS Dillard's, Inc. 705.01 +99.05 (+16.35%)FLY Firefly Aerospace Inc. 21.34 +3.03 (+16.55%)Top losersBE Bloom Energy Corporation 100.55 -26.17 (-20.65%)BTDR Bitdeer Technologies Group 11.12 -2.82 (-20.23%)FRMI Fermi Inc. 17.66 -4.10 (-18.85%)SNDK Sandisk Corporation 240.20 -42.90 (-15.15%)VIA Via Transportation, Inc. 42.83 -7.67 (-15.19%)Most activeONDS Ondas Holdings Inc. 6.62 +1.10 (+20.05%)NVDA NVIDIA Corporation 185.77 -8.03 (-4.14%)OPEN Opendoor Technologies Inc. 8.93 -0.44 (-4.72%)PLUG Plug Power Inc. 2.4800 -0.2500 (-9.19%)TSLA Tesla, Inc. 401.75 -28.85 (-6.70%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 99,174.29 -1,870.89 (-1.85%)TSLA Tesla, Inc. 402.57 -28.03 (-6.51%)NVVE Nuvve Holding Corp. 0.5140 +0.3578 (+228.48%)^IXIC NASDAQ Composite 22,885.36 -521.10 (-2.23%)ETH-USD Ethereum USD 3,232.31 -153.48 (-4.53%)Top economic events