Ethereum co-founder and Consensys founder Joseph Lubin predicts Wall Street will soon make its foray into DeFi and crypto amidst the recent spike in institutional demand for BTC and ETH. In a recent post , Lubin highlighted the increasing demand for Bitcoin ( BTC ) and Ethereum ( ETH ) coming from institutional investors. He believes that the spike in corporations that stock up on ETH and BTC by adopting a digital asset treasury strategy is a big indicator that the financial system is shifting to DeFi . Therefore, he predicts that Wall Street will soon dive into decentralized protocols and digital assets as more and more companies join the race. This is because he believes Wall Street figureheads care about financial instruments that are consistently climbing higher in value. And right now, crypto is on their watchlist. “They will be motivated to deep dive and learn what’s up with these strategies. They will have to deeply understand the details of Bitcoin and Ethereum and the strategies of MSTR and SBET. They will have do go deep on DeFi on Ethereum,” said Lubis. In addition, he believes it is up to the crypto space builders and developers to get Wall Street “excited” about decentralized finance by continuing to grow innovation within the space and aim to widen mainstream adoption of DeFi alongside crypto. You might also like: Europe’s first Bitcoin Treasury firm plans to raise $340m to buy more BTC Wall Street to spearhead accelerated shift to DeFi Lubin sees the shift already beginning with financial regulators like the SEC no longer chasing after crypto firms as they once did during the Biden administration under Gary Gensler . Ever since Trump came into office, Lubin has seen a major shift in financial watchdogs’ attitudes towards builders in the crypto space. “The best and brightest builders are now entering the ecosystem to build on our tech without fear of politically motivated enforcement actions from the SEC and being debanked,” said Lubin. Despite the major advancements already made, he believes that the shift has only just begun and is on its way towards an acceleration fueled by institutional demand. In early June, Ethereum’s price movements showed signs of an incoming rally as Wall Street demand signaled a potential comeback for the token. According to recent data from SoSoValue, Wall Street investors have been buying more spot Ethereum ETFs , generating a cumulative inflow of $3.85 billion as of June 13. Read more: Ethereum price forms bullish setups as Wall Street demand gains steam
Metaplanet quickly achieved its 10,000 Bitcoin target, advancing digital asset strategies. Strategic acquisitions highlight institutional confidence in long-term digital asset growth. Continue Reading: Metaplanet Reaches Milestone with Massive Bitcoin Acquisition The post Metaplanet Reaches Milestone with Massive Bitcoin Acquisition appeared first on COINTURK NEWS .
Ethereum is showing fresh signs of strength as more big investors enter the market. The second-largest cryptocurrency by value is trading at $2,575, up 1.5% in the past 24 hours. Over the last week, its price has moved between $2,473 and $2,869, during a time when global markets have been uneasy due to the ongoing conflict between Israel and Iran. Trading activity around Ethereum ( ETH ) has picked up sharply. In the past day, daily spot trading volume rose over 32% to $14.27 billion. At the same time, data from Coinglass shows that futures trading volume is up 26.46% to $53.09 billion. Open interest, or money locked into ETH futures, has gone up by 1.20% to $35.13 billion. This shows that more traders are placing new bets, likely expecting a bigger move in price. On-chain data also points to growing interest. According to a June 14 post by Santiment, wallets holding between 1,000 and 100,000 ETH have been buying heavily. These larger holders, often called whales and sharks, have added 1.49 million ETH in the past month. Their total share of the ETH supply is now 26.98%. At the same time, many smaller holders appear to have sold for profit, meaning large players are buying while others cash out. 🐳 There are currently 6,392 wallets holding between 1K and 100K Ethereum. Over the past month alone, these key whale and shark wallets have rapidly added more coins as retail traders have taken profit. During these past 30 days, a net of +1.49M more $ETH has been accumulated by… pic.twitter.com/1hPBTuAOrL — Santiment (@santimentfeed) June 13, 2025 You might also like: Will Ethereum price reach $3,000 in June? Institutional demand is also strong. BlackRock’s iShares Ethereum Trust has picked up more than 1.5 million ETH, worth about $4 billion. It purchased almost $240 million worth of Ethereum between June 3 and June 6. This month alone, BlackRock has added more than $500 million in Ethereum. Other companies, such as Cumberland and Galaxy Digital, are also expanding their holdings, indicating strong interest from big institutional players. On the technical side, Ethereum is trading just below its 20-day average and moving within a tighter price range. Bollinger Bands are starting to narrow, a sign that volatility is compressing ahead of a potential breakout . The relative strength index is neutral at 52, but increasing volume and whale activity may help push the price higher. ETH price analysis. Credit: crypto.news Although they continue to show some weakness, momentum indicators like the 10-period momentum and the moving average convergence divergence seem to be bottoming out. If the MACD line crosses above the signal line in the coming sessions, it would be a bullish sign of renewed upward momentum. The next major resistance zone is located around $2,870 if bulls are able to push the price above $2,600 with volume confirmation. A close above that would open the door toward $3,000. On the downside, a retest of the lower Bollinger Band around $2,400 might occur if the price is unable to stay above the 20-day average. Read more: Ethereum price prediction: analysts say $4,000 in reach as institutions diversify from Bitcoin
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The post Michael Saylor Backs Pakistan’s Crypto Vision appeared first on Coinpedia Fintech News Strategy Executive Chairman Michael Saylor recently met with Pakistan’s Finance Minister Muhammad Aurangzeb and Minister of Blockchain and Crypto Affairs Bilal Bin Saqib. In the meeting, Saylor said he’s open to acting as an advisor for Pakistan’s national crypto strategy. They discussed the idea of including Bitcoin in the country’s reserves and building a solid policy framework for digital assets. This signals Pakistan’s growing interest in crypto, with support from one of the space’s most well-known advocates.
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