Ethereum rose 1.95% to $1,912, recovering above the key $1,900 level after finding support near $1,870. Technical indicators show bullish momentum with ETH trading above its 20-, 50-, and 100-day moving averages, though resistance remains near $2,000. A major holder withdrew 5,300 ETH from Kraken, tightening supply, while total staked ETH hit a record 41 million tokens, reducing liquid availability. Analyst Michaël van de Poppe suggests a break above $2,000 could trigger a rapid rise toward $2,800, but failure to hold $1,870 risks a sharp drop below $1,700. Institutional demand via ETFs remains weak with net outflows recently reported.
Tom Lee of BitMine highlights that the ETH/BTC ratio has broken above a long-term downtrend, signaling rising market demand for Ethereum over Bitcoin. This shift is attributed to growing interest in tokenization and agentic AI applications, which ben...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
A Bitcoin address that had been inactive since June 2011 suddenly moved 8.54 BTC, now worth about $538,000, marking a gain of approximately 461,981% from its original value. The wallet's activation is notable as it dates back to the early days of Bit...
A whale withdrew 5,300 ETH worth nearly $10 million from Kraken, reducing Ethereum's liquid supply and continuing a trend of accumulation off exchanges. At the same time, Ethereum staking reached a record 41 million ETH, locking up about 34% of circu...
Ethereum price increased by 1.95% to $1,912 on August 17, reclaiming the $1,900 level and showing stronger buying momentum. The price closed above key moving averages, signaling short-term strength, but remains below the critical 200-day average near...
