StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-end
StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-endStandard Chartered notes undervaluation in ETH treasury firms despite rapid accumulation by corporate and ETF sectors.
Happy Wednesday!Standard Chartered projects Ethereum to reach $7,500 by year-end, citing undervalued treasury companies as corporate and ETF accumulation accelerates. Meanwhile, CME Group's XRP futures shattered records as the fastest contract to surpass $1 billion in open interest, and MetaMask rolls out social logins via Google and Apple—streamlining wallet access while maintaining self-custody. Explore the details below. 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $3.89 trillion, with a 24-hour volume of $172.44 billion. The price of Bitcoin is $112,160.12, and BTC market dominance is 57.3%. The price of Ethereum is $4,627.68, and ETH market dominance is 14.3%. The best-performing sector is Prediction, which gained 53%. The Crypto Fear & Greed Index is currently Neutral (51). 📰 Top News
StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-endStandard Chartered notes undervaluation in ETH treasury firms despite rapid accumulation by corporate and ETF sectors. CME Group announces XRP futures fastest contract to cross $1 billion open interestCME XRP futures achieved the milestone in just over three months, registering over $1 billion in volume on Aug. 25. MetaMask launches social login feature using Google and Apple accounts for wallet accessThe announcement said the social login system preserves MetaMask's self-custodial nature while reducing user friction.
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Bitcoin treasury companies: Hedge or house of cards?Companies now hold over 5% of Bitcoin's supply, turning their balance sheets into high-stakes bets on digital gold.
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