Cryptocurrency Live News & Updates : Ethereum Investor Expands Holdings Amid Market Changes
18 Jun 2025 | 06:30:11 AM IST
A prominent Ethereum investor has increased their holdings by acquiring 15,000 ETH at an average price of $2,477, totaling $223 million spent on 85,465 ETH since June 11, despite facing an unrealized loss of $9.4 million. In recent developments, a significant Ethereum investor has ramped up their holdings, purchasing 15,000 ETH amidst market fluctuations, indicating confidence in the asset despite an unrealized loss of $9.4 million. Meanwhile, the U.S. Senate's passage of the GENIUS Act has positioned Ethereum at the forefront of tokenized finance, with institutional interest growing as regulatory clarity emerges. Vivek Raman from Etherealize emphasizes Ethereum's potential as a neutral asset, akin to Bitcoin, as it becomes integral to institutional finance. Additionally, JPMorgan executives have engaged with the SEC to discuss the implications of blockchain technology on capital markets, showcasing the banking sector's increasing focus on digital assets. In a related move, U.S. regulators are set to ease capital restrictions on bank treasury transactions, further indicating a shift towards integrating blockchain solutions in traditional finance. As the cryptocurrency landscape evolves, these developments highlight the growing intersection of regulation, institutional interest, and technological innovation. Show more
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