Ethereum traded at $2,300 on May 13 while holding inside an ascending wedge on the daily chart, as JPMorgan Chase launched its second tokenized Treasury fund on Ethereum and spot ETFs recorded their largest one-day outflow in weeks.
Ethereum Foundation, together with wallet developers and security companies, has announced a new “Clear Signing” standard aimed at solving the long-discussed issue of “blind signing” within the Ethereum ecosystem.
According to CoinGlass data, Ethereum finished the fourth quarter of 2025 in the red. The first quarter of 2026 also turned out weak, and attention is now focused on the current quarter. So far, however, $ETH remains up by more than 11%, although that may still be insufficient to reverse the broader trend.
Ethereum continues trading within a narrow consolidation range as traders watch whether the asset can regain bullish momentum above key resistance zones. The second-largest cryptocurrency has stabilized after recovering from recent lows near $220, although price action still lacks a decisive breakout structure.
Spot Ethereum ETFs in the U.S. attracted $171.66 million from May 1 to May 8, 2026, while spot Bitcoin ETFs brought in $1.25 billion during the same timeframe. Between May 4 and May 8 alone, inflows totaled approximately $70 million for Ethereum ETFs and $623 million for Bitcoin ETFs.
Bitmine Immersion Technologies added another 26,659 $ETH to its reserves. According to the company’s latest report, the total value of its crypto assets, cash holdings, and venture investments has reached $13.4 billion.
Ethereum’s weak performance relative to Bitcoin continues to draw attention in the cryptocurrency market. Analysts note that the ETH/BTC pair has fallen more than 35% over the past year and warn that if the current downtrend continues, the pair could face an additional 40% decline.
Ethereum is trading at $2,281 on May 9, stuck inside an ascending wedge on the daily chart, as Bitmine's chairman Tom Lee signals that the company's historical series of $ETH purchases has slowed down in recent weeks, eliminating one of the most stable demand factors in the market.
Bitcoin continues to lead on the institutional market, as fund balances, ETF inflows, and corporate accumulation continue to favor $BTC over Ethereum. Data from CryptoQuant published on May 7 showed that fund assets grew from 1.278 million $BTC on February 7 to 1.370 million $BTC on May 5. This added 92,116 $BTC, a 7.21% increase, with the asset’s price rising from $69,249 to $80,874.
BitMine Immersion Technologies chairman Tom Lee stated that the company plans to slow down its aggressive accumulation of Ethereum as it is close to achieving its goal of controlling 5% of the circulating supply of the world’s second-largest cryptocurrency by market capitalization.
Ethereum is approaching a decisive moment as price action, derivatives positioning, and network innovation converge to shape its near-term outlook. On the 4-hour chart, Ethereum shows a recovering structure with improving momentum, although strong resistance continues to limit gains.
Bitcoin and altcoins continue to feel the impact of recent events and statements between the United States and Iran. Bitcoin recently surpassed the $80,000 level for the first time since January, and May forecasts from the analytics platform Polymarket were also published.
The leading cryptocurrency, Bitcoin ($BTC), has surpassed the long-awaited $80,000 level. This morning, it continued its upward trend, rising above $81,000.
Japanese financial giant SBI Group is introducing cryptocurrency rewards for everyday spending through a new Visa card that converts loyalty points into $BTC, $ETH, or $XRP. Under the promotional campaign, Gold‑tier users can receive rewards of up to 10%, while standard users may earn up to 2.5%.
Bitmine, a company operating in crypto asset management and mining, continues to increase its investments in Ethereum. According to data provided by blockchain analytics platform Lookonchain, the company staked 162,088 Ethereum approximately eight hours ago. The market value of this transaction is estimated at around $366 million.
Simon Seojoon Kim, CEO of the crypto asset management firm Hashed, has developed a comprehensive valuation tool for Ethereum. The model, called ETHval, is designed to provide investors with a broader perspective by calculating the “fair value” of Ethereum using 12 different methodologies.
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