Ethereum faces selling pressure near $2,100 amid a 12% monthly loss and $470 million ETF outflows over 10 days, signaling bearish sentiment. However, futures open interest recently hit a record, showing speculators expect a strong move. The passing of the U.S. Clarity Act could boost Ethereum by expanding DeFi and real-world asset use on its network. A bounce off $2,000 could lead to a rally toward $2,800-$3,000 if Ethereum breaks the $2,400 resistance, marking a potential shift from bear to bull market.
Bitmine Immersion Technologies increased its Ethereum holdings by 111,942 ETH, raising its total to 5.39 million ETH worth $11.5 billion, about 4.47% of Ethereum's circulating supply. Chairman Tom Lee described this as part of an aggressive accumulat...
Markets reacted positively to President Trump's announcement of a potential Middle East peace agreement, causing oil prices and bond yields to fall sharply. This decline helped boost stocks, with the Nasdaq rising 1.4% in early trading. Chip stocks l...
Cryptocurrency prices exhibit mixed changes with Bitcoin slightly down at $77,107 and Ethereum up modestly to $2,119. Notable gainers include NEAR with a 17.08% rise and OKB up 14.84%, while some coins like ZEC and BEAT face significant drops. These ...
Bitcoin remains around $77,000 amid rising tensions in the Middle East, which have dampened market sentiment. Bitcoin ETFs experienced $105.2 million in net outflows, while Ethereum ETFs saw $6.7 million in outflows, reflecting cautious investor beha...
A major crypto trader closed a $100 million short position on ether with a $260,000 loss and quickly opened a $13.43 million long position on bitcoin at 20x leverage. This shift signals a change in conviction from expecting ether to fall to betting o...
