Ethereum's price hovers around $1,670 with a slight 1% gain but remains trapped in a bearish technical pattern called a bear flag, limiting upside potential below $1,700. A decisive break above $1,700 could push prices toward $1,850–$1,900, while failure to break this level may lead to a drop back to $1,500. Around 500,000 ETH worth $800 million recently left centralized exchanges, suggesting possible accumulation by investors. However, ongoing ETF redemptions and declining network activity indicate cautious market sentiment and continued bearish momentum.
The SpaceX IPO on June 12 triggered high demand and refunds on crypto platforms like Kraken and Binance due to limited share allocations. Standard Chartered remains bullish, forecasting Bitcoin to hit $100,000 and Ethereum $4,000 by year-end, citing ...
Standard Chartered analyst Geoffrey Kendrick reaffirmed the bank's year-end price targets of $100,000 for Bitcoin and $4,000 for Ethereum following a recent market selloff. He identified the Bitcoin drop to around $59,000 as the likely cycle low and ...
Ethereum is currently testing a critical support zone between $1,600 and $2,000, a level that has historically led to significant rebounds. Analysts highlight that holding this support could trigger a major recovery, while a breakdown might lead to f...
Starknet has released a new appchain framework that allows developers to create sovereign blockchains with custom execution logic while inheriting security from Starknet's zero-knowledge (ZK) core stack. This framework focuses on modular settlement a...
On June 12, Bitcoin and XRP spot ETFs attracted fresh capital, with Bitcoin ETFs seeing $85.9 million in net inflows and XRP ETFs adding $2.04 million. In contrast, Ethereum spot ETFs continued to experience outflows, extending a trend of redemptions...
