Crypto stocks surged following a dovish speech from Federal Reserve Chair Jerome Powell, hinting at potential rate cuts. Ethereum treasury companies and Bitcoin miners led gains of 8-15%, while Bitcoin ETFs saw a $1 billion drop over five days. Conversely, Ethereum funds rebounded, garnering $288 million in inflows. Major players in the Ethereum space include BitMine Immersion and SharpLink, with significant stock increases noted. Meanwhile, Figure Technologies, a blockchain lender, filed for an IPO, aiming to enhance capital market integration via its Provenance blockchain, which has processed over $16 billion in home loans. The cryptocurrency landscape indicates resilience despite economic challenges, with Ethereum taking center stage as institutional interest grows, further highlighting Bitcoin's struggles due to substantial ETF losses.

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