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.
Ethereum has lost about 12% in October, trading near a critical support level around $2,300. Despite attempts, it has struggled to sustain gains above $2,500, with institutional ETF withdrawals weighing on the price. A modest inflow recently hints at...
Ether dropped 4.38% to $2,297.96, slipping below the $2,300 support level, while Bitcoin fell 2.41% to $79,543 amid a broad retreat from risk affecting most major cryptocurrencies. The decline is driven by a lack of ETF inflows, significant liquidati...
Ethereum experienced its biggest daily exchange outflows in over four months, with 169,770 ETH leaving exchanges, signaling potential price recovery. However, early investors sold 4,000 ETH, and futures market data shows continued selling pressure. T...
Ether (ETH), the cryptocurrency of the Ethereum network, fell below the $2,350 level to $2,348 on the Binance spot market at 10:20 a.m. ET on October 24. This represented a $21 drop from $2,369 recorded 15 minutes earlier and a 0.79% decline over the...
Arthur Hayes, co-founder of BitMEX, sold about $22.28 million worth of Ethereum (ETH), ENA, and UNI tokens from his family office Maelstrom, citing macroeconomic and geopolitical risks. The sales included 6,400 ETH worth $15.2 million, with proceeds ...
