Category: Cryptocurrency

  • Sharplink Resumes Ethereum Purchases After Eight-Month Pause, ETH Price Support at $1,500 in Focus

    Sharplink Resumes Ethereum Purchases After Eight-Month Pause, ETH Price Support at $1,500 in Focus

    Sharplink has resumed buying Ethereum for the first time in eight months. A wallet linked to the company received 5,000 ETH, worth nearly $7.85 million, from FalconX, according to Arkham data. The purchase marks Sharplink’s first ETH acquisition since October 2025. The company has not publicly confirmed the transaction, and The Block said it had reached out for comment.

    Sharplink now holds around 876,285 ETH and ETH equivalents. As of June 21, the company said that stash was worth roughly $1.3 billion.

    Treasury Position and Market Scale

    EmberCN estimated Sharplink’s average acquisition cost at $3,609 per ETH. That estimate points to an unrealized loss of about $1.79 billion on the treasury. Even so, Sharplink remains the world’s second-largest public ETH treasury company. Tom Lee’s Bitmine Immersion leads the category with 5.67 million ETH, or about $8.7 billion, as of June 14.

    Sharplink rebranded from SharpLink Gaming in February. Since then, it has moved beyond ether staking and into other on-chain yield strategies.

    The company also reported $12.1 million in first-quarter revenue this year. That total rose sharply from $742,000 in the same quarter last year.

    Ethereum Catalysts and Price Watch

    Sharplink pointed to regulation, improving market conditions, and real-world asset tokenization as long-term reasons for its Ethereum view. It also backed Ethlabs, a nonprofit formed by former Ethereum Foundation researchers.

    Ethlabs aims to prepare the network for its next stage of institutional adoption. Ethereum co-founder and Sharplink chairman Joe Lubin supports the group, along with Bitmine Immersion. At the same time, Ethereum price watchers remain focused on network upgrades that could speed transfers between Layer 1 and Layer 2 systems. Lubin said the goal is smoother coordination through zero-knowledge proofs, or ZK proofs.

    The planned changes could also reduce the need for bridges. In addition, they may connect liquidity more closely across the Ethereum ecosystem and support more activity on-chain. Can Ethereum keep its structure intact if the $1,500 level breaks?

    That question has traders watching the chart closely. Analyst Ardi said ETH should avoid closing below $1,500 over the next four months. He said the level has held through every major pullback since the 2022 bear market ended. For now, buyers are trying to keep ETH above that support zone while the market waits for stronger demand.

    What’s Next?

    Sharplink has resumed buying Ethereum after an eight-month pause and now holds more than 876,000 ETH and equivalents. The company cited regulation, tokenization, and network upgrades as long-term drivers. Traders are now watching whether ETH can hold the key $1,500 support level.

  • Top Crypto Exchanges with the Deepest Liquidity in 2026

    Top Crypto Exchanges with the Deepest Liquidity in 2026

    Liquidity is one of the most important factors when choosing a crypto exchange. High liquidity means traders can buy or sell assets quickly without causing major price changes. Deep order books, tight bid-ask spreads, and strong trading volume help reduce slippage and improve execution quality.

    Binance remains the global leader in crypto liquidity in 2026. With some of the highest trading volumes across spot and derivatives markets, the exchange offers deep order books, low spreads, and strong liquidity for major assets like Bitcoin and Ethereum, making it ideal for large trades.

    Coinbase is a top choice for traders seeking deep USD-based liquidity and regulatory confidence. The platform is widely trusted by institutions and large investors, offering strong execution quality on major crypto pairs while maintaining a strong compliance and security framework.

    OKX has established itself as one of the strongest liquidity venues for both spot and futures trading. The exchange provides advanced trading tools, competitive fees, and deep market depth across major cryptocurrencies, making it popular among professional and institutional traders.

    Kraken continues to attract traders with its reliable infrastructure, transparent reserves, and strong fiat-to-crypto liquidity. Its deep order books for major assets and reputation for security make it a preferred platform for traders who prioritize stability and regulatory compliance.

    For derivatives traders, Bybit and Bitget have become major liquidity hubs in 2026. Both platforms offer strong perpetual futures liquidity, fast execution speeds, and active trading communities. Their growing market depth helps traders manage large positions with minimal market impact.

    Before placing large trades, always check real-time order book depth, spreads, and potential slippage instead of relying only on headline trading volume. For spot trading, Binance, Coinbase, and Kraken are often top choices, while Binance, Bybit, and Bitget stand out for futures and perpetual markets.