Ethereum Integration Boost: Tools for Humanity Acquires Dawn Wallet for World App Ecosystem

In a strategic move to enhance its financial capabilities, Tools for Humanity, the parent company of World App, has acquired Dawn Wallet, an iOS-native Ethereum wallet. This acquisition marks a significant step in integrating Ethereum-based services into the World App ecosystem. The founders of Dawn Wallet, Tom Waite and Isaac Rodriguez, will join Tools for Humanity to drive innovation within the World network. Existing Dawn Wallet users will receive full support for transitioning their assets as the wallet winds down operations in the coming weeks. This development underscores the growing importance of Ethereum in mainstream financial applications and highlights Tools for Humanity's commitment to expanding its digital asset offerings. As of June 2025, this acquisition is poised to strengthen Ethereum's position in the competitive cryptocurrency landscape.

Tools for Humanity Acquires Dawn Wallet, Plans Integration into World App Ecosystem

Tools for Humanity, the parent company of World App, has acquired Dawn Wallet, an iOS-native ethereum wallet. The acquisition signals a strategic shift as Dawn Wallet will wind down operations in the coming weeks, with users receiving full support for asset transitions.

Founders Tom Waite and Isaac Rodriguez will join Tools for Humanity to advance financial capabilities within the World network. The merger aims to integrate Dawn Wallet's DeFi accessibility features into World App, though specifics remain undisclosed.

Dawn Wallet distinguished itself by enabling seamless Web3 browsing through Safari, offering users direct access to decentralized finance tools. Its lightweight extension facilitated secure connections and transactions, a feature set likely to influence World App's development.

Ethereum Price Shows Pivot Signs After Tapping Support In Its Ranging Pattern

Ethereum's price action suggests a potential reversal after testing key support levels within a narrow ascending range. The cryptocurrency retreated 14% from last week's high NEAR $2,880, finding footing at the $2,454 support zone—a level coinciding with the 50% RSI mark, historically a reliable bounce area.

Market structure reveals disciplined oscillation between ascending trendlines since mid-May. The recent pullback mirrors previous reactions to resistance tests, with current price recovery above $2,500 indicating renewed bullish momentum. Technicals point to a probable 15% advance toward range resistance.

On-chain flows show early signs of demand returning after sustained outflows. A $6.5 million inflow—the first in ten days—aligns with the technical rebound, suggesting institutional accumulation at support levels. This confluence of factors strengthens the case for continuation within ETH's established range pattern.

Ethereum Price Ready to Soar? $5B Liquidation at $2400 Signals Strong Bullish Momentum

Ethereum's price has demonstrated robust consolidation above the 200-day EMA over the past 45 days, reinforcing a bullish trajectory. With $5 billion in liquidations at the $2,400 level, the stage is set for a significant upward move. Smart money—holders of 1K to 10K ETH—is accumulating aggressively, while retail investors capitulate.

Netflows and stablecoin supply metrics reveal a flood of capital into Ethereum, further buoyed by institutional adoption. Thirty-eight entities have now pushed strategic ETH reserves beyond $3 billion. ETH ETFs are consistently green, and analysts like Ted Pillows anticipate an inevitable breakout.

Speculation mounts that 2025 could see a multi-fold increase in institutional demand, particularly if the SEC approves ETH staking. The current range-bound action belies the underlying momentum, with whales and institutions stacking ETH relentlessly.

Former SpaceX Manager Raises $4.2M for Crypto Platform Stackup

Stackup, a Los Angeles-based crypto startup founded by ex-SpaceX mission manager John Rising and Ethereum Foundation grantee Hazim Jumali, has secured $4.2 million in seed funding. The platform specializes in account abstraction technology, offering enterprises centralized management of decentralized assets.

The funding round was led by 1kx, with participation from Y Combinator and Digital Currency Group. Stackup's prior work includes developing account abstraction solutions for Coinbase and Trust Wallet. Rising draws parallels between aerospace precision and crypto infrastructure, emphasizing reliability after witnessing a Virgin Galactic accident early in his career.

Ethereum Whale Activity Sparks Market Optimism Amid $10K Price Speculation

A significant Ethereum whale purchase of 48,825 ETH ($127 million) during a recent price dip has reignited bullish sentiment. The transaction, executed at an average price of $2,605, follows the same investor's reported $30 million profit from previous ETH trades. Market analysts view this as a strong vote of confidence in Ethereum's long-term potential.

Technical indicators suggest growing momentum, with the put-call ratio at 1.20 and a key pain point identified at $2,700. Prominent analysts Ted Pillows and MerlijnTrader project potential upside targets between $10,000-$11,000, drawing parallels to Bitcoin's post-2020 crash trajectory. Their analysis highlights Ethereum's four consecutive green candles on the two-week chart as a particularly bullish signal.

Despite recent volatility from global macroeconomic factors and the expiry of 242,000 ETH options, the whale activity appears to have stabilized market sentiment. Ethereum currently trades near $2,547, with many market participants viewing it as an attractive opportunity for those who missed Bitcoin's earlier rally.

Ethereum Core Developers Optimize Protocol for Fusaka Fork

Ethereum Core developers are refining the protocol's execution engine to enhance throughput and flexibility ahead of the Fusaka upgrade. During the June 19 All Core Devs call, contributors finalized a batch of Ethereum Improvement Proposals (EIPs) for Devnet-2, with more aggressive performance upgrades planned for Devnet-3.

The Fusaka fork, now clearly defined, focuses on optimizations rather than new features. Key changes include a 45 million gas ceiling, capped blob submissions per transaction, a streamlined 48 KB contract limit (EIP-7907), and a new opcode (EIP-7939) for count leading zeros (CLZ). Previously contentious parameters like the blob fee floor (EIP-7918) have been resolved, paving the way for Devnet-2 testing.

A proposed gas limit increase, though not part of Fusaka, could boost Ethereum's transaction capacity by over 11%. Developers emphasize the need for careful benchmarking to ensure network stability.