Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is supported by two days of significant inflows into U.S. Ethereum ETFs totaling $112 million and a notable decrease in Ethereum exchange reserves, indicating accumulation. While this suggests potential for further gains, the broader altcoin market has yet to confirm a major rally phase.
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
Ethereum price retreated after a 5% rally driven by U.S. inflation data, as traders took profits near $1,930. Strong support around $1,850 remains intact, keeping the technical outlook positive with $2,000 as the next key target. Market factors like ...
Ethereum (ETH) has gained over 10% in the past week, currently trading around $1,919 with bullish momentum supported by technical indicators like MACD and RSI. The price is approaching resistance near $1,951, with a potential breakout toward $2,000 i...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...
