Ethereum's price recently dipped below $1,600, prompting major holders (whales) to accumulate 510,000 ETH tokens since June 5, helping the price recover to around $1,783-$1,790. Despite subdued retail and U.S. institutional interest, the total ETH held on exchanges has fallen to a historic low of 14.5 million, indicating reduced selling pressure. Technically, Ethereum faces resistance at the 20-day EMA near $1,796 and must reclaim $2,000 to confirm bullish momentum, while losing support at $1,750 could lead to a drop toward $1,550. The market is closely watching these key price levels for the next directional move.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
