Beginners

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

ETH Breaks $3,900 — Ethereum-Linked Stocks Surge in U.S. Pre-Market Trading

Source Tradingkey

TradingKey – Ethereum (ETH) extended its rally on Monday, breaking past the $3,900 mark and hitting a seven-month high of $3,938, its strongest level since December 2024. The token rose over 3% in the past 24 hours, driven by bullish momentum and institutional inflows.

ETH Price Chart – Source: TradingView

The ETH breakout has fueled a pre-market surge in Ethereum-linked equities:

BTCS Inc.: +7.7%
SharpLink Gaming (SBET): +6.87%
GameSquare (GAME): +6.2%
Bitmine Immersion (BMNR): +4.22%
Bit Digital (BTBT): +3.61%

These companies are either major ETH holders or actively involved in Ethereum-based infrastructure, making them highly sensitive to ETH price movements.

Over the weekend, SharpLink Gaming made headlines by purchasing 77,210 ETH for nearly $295 million, further expanding its crypto treasury. SharpLink now holds 360,807 ETH, valued at ~$1.69 billion, making it the second-largest corporate ETH holder globally, just behind Bitmine Immersion Technologies.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO

Author NewsBTC

7 Month 14 Day Mon

Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO

Ethereum Price Momentum Explodes—Is the Path to $4K Wide Open?Ethereum price started a fresh increase above the $3,750 zone. ETH is now showing bullish signs and might continue to rise toward the $3,950 zone. Ethereum started a fresh increase above the $3,750

Author NewsBTC

7 Month 22 Day Tue

Ethereum price started a fresh increase above the $3,750 zone. ETH is now showing bullish signs and might continue to rise toward the $3,950 zone. Ethereum started a fresh increase above the $3,750

Samsung to Manufacture Tesla’s AI6 Chips in $16.5B Deal, Musk Confirms Tesla CEO Elon Musk announced on Monday that the company has signed a $16.5 billion chip supply deal with Samsung Electronics, a move that could revitalize Samsung’s struggling contract chip manufacturing business. The agreement designates Samsung to produce Tesla’s upcoming AI6 chips, which are expected to power future versions of the automaker’s autonomous driving technology.

Author Mitrade

7 hours ago

Tesla CEO Elon Musk announced on Monday that the company has signed a $16.5 billion chip supply deal with Samsung Electronics, a move that could revitalize Samsung’s struggling contract chip manufacturing business. The agreement designates Samsung to produce Tesla’s upcoming AI6 chips, which are expected to power future versions of the automaker’s autonomous driving technology.

Bitcoin Climbs to $119.5K on Trade Optimism, Eyes on Fed and Crypto Policy Update Bitcoin edged higher on Monday, reaching above $119,000 after rebounding from recent lows. The gains were fueled by improved market sentiment following the announcement of a new U.S.–EU trade agreement, which helped boost risk appetite across financial markets.

Author Mitrade

7 hours ago

Bitcoin edged higher on Monday, reaching above $119,000 after rebounding from recent lows. The gains were fueled by improved market sentiment following the announcement of a new U.S.–EU trade agreement, which helped boost risk appetite across financial markets.

Gold Slides on US-EU Trade Deal Boosting Risk Appetite Gold prices steadied during Monday’s Asian trading session after slipping for three straight days. The recent U.S.-European Union trade agreement improved investor sentiment, diminishing the appeal of gold as a safe-haven asset.

Author Mitrade

6 hours ago

Gold prices steadied during Monday’s Asian trading session after slipping for three straight days. The recent U.S.-European Union trade agreement improved investor sentiment, diminishing the appeal of gold as a safe-haven asset.

Popular Symbols