EthSystems: Spins Out From Ethereum Privacy Team

EthSystems has spun out as a for-profit entity from the team driving Ethereum's institutional privacy initiatives. DecryptMedia reported the move on July 15 2026. The development arrives as ETH trades at $1883.25 inside its Bollinger Bands with upper resistance at $1913.7. Price holds above the EMA50 at $1799.54 and EMA200 at $1758.9 while MACD registers a golden cross at 26.09. RSI at 68.14 leaves room before overbought territory. Institutional desks now watch for a test of the upper band followed by a measured pullback to the 50-EMA support before continuation higher.