Arthur Hayes, after selling several tokens including ZEC and NEAR, has returned to buying Ethereum, acquiring 1,400 ETH worth about $2.5 million. His recent sales caused price drops, notably ZEC which fell over 50% before recovering. Alongside Hayes, other large investors like geministar.eth and Tom Lee-led Bitmine have also increased their Ethereum holdings significantly, with purchases totaling tens of millions of dollars. This activity highlights continued strong interest in Ethereum from major holders despite recent market volatility.
Fundstrat's Tom Lee predicts Ethereum will significantly outperform Bitcoin in the coming years due to stronger market drivers. Unlike past cycles driven by ICOs, NFTs, and stablecoins, the next growth phase for Ethereum is expected to be fueled by W...
Ethereum price is trading near $1,905, forming a symmetrical triangle pattern between $1,850 and $1,930. A close above $1,909 could challenge the key resistance at $1,920, potentially leading to a move toward $2,000. Selling pressure and liquidation ...
Ethereum's upcoming Glamsterdam upgrade changes the long-standing rule that every basic ETH transfer costs a flat 21,000 gas units. Transfers to existing accounts will still cost 21,000 gas, but sending ETH to a new, never-before-used address will re...
Bitcoin is trading around $64,162, showing strong buyer control and breaking key downtrend lines. The price is consolidating between $61.8K and $67.3K, with a critical resistance zone at $65K that could confirm a bullish breakout if surpassed. Techni...
Bitcoin paused around $64,000 after a rally from $62,600, slipping 0.6% amid a broader market pullback driven by rising U.S. Treasury yields and oil prices, which rose to $94 per barrel after a U.S.-Iran ceasefire expired. The Federal Reserve's July ...
