Ethereum (ETH) surged nearly 9% to surpass $1,800 following news of a US-Iran peace deal that could ease geopolitical tensions and boost market confidence. This rally triggered a significant short squeeze, with over $450 million in short positions liquidated, and increased trading volumes by 160%. Analysts highlight a historical buy signal on ETH's weekly chart, suggesting a retest of the 200-day EMA at $2,400 is likely, with potential for a long-term rise to $3,000 or even $5,000 if momentum continues. The end of the Iran war and lower oil prices are seen as key catalysts for this bullish outlook.
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on his support for bitcoin, gold, and other hard assets amid economic uncertainty. He projects gold could reach $35,000 an ounce by 2035, citing recent price rallies as early signs of a l...
Ethereum surged more than 10% recently, showing signs of a short-term rebound after a prior decline. Blockchain data revealed a wallet possibly linked to Arthur Hayes bought 3,000 ETH worth about $5.42 million, signaling renewed interest. Analysts se...
BitMine has increased its Ethereum holdings to over 5.6 million ETH, representing 4.66% of the total supply, with a portfolio valued at about $10.2 billion. Despite an unrealized loss nearing $9 billion due to market volatility, the company continues...
Ethereum gained 2.75% for the second day, reaching $1,720, driven by positive news like a U.S.-Iran peace deal and the Strait of Hormuz reopening. Despite some concerns from rising exchange reserves, large withdrawals and whale purchases indicate str...
A cryptocurrency wallet linked to BitMEX co-founder Arthur Hayes purchased 3,000 ETH worth about $5.42 million following a US-Iran peace agreement that improved market sentiment. This move aligns with Hayes' bullish outlook on Ethereum despite his re...
