Ethereum (ETH) has surged 6.5% over the past month, outperforming Bitcoin and XRP, and recently broke above the $2,150 resistance level. Key indicators like the Capriole Macro Index Oscillator and MVRV Ratio suggest ETH is in a rare undervalued position, similar to previous cycle bottoms that led to rallies. Spot market data shows genuine buyer demand rather than speculative leverage, with critical resistance at $2,225–$2,265 and potential upside targets near $2,400–$2,500 if support at $2,140 holds. This sets the stage for a possible retest of the March peak around $2,385 and further gains if momentum continues.
The US government moved about 4,820 ETH worth $9.29 million to Coinbase Prime from wallets linked to the FTX and Alameda Research collapse. This transfer is part of a systematic effort to liquidate billions in seized crypto following the 2022 FTX imp...
Cryptocurrency prices are fluctuating with Bitcoin trading above $65,000 and Ethereum near $1,920. Some coins like Zcash (ZEC) and Gnosis (GNO) have seen significant gains of 6.49% and 8.45% respectively, while others like DEXE and AAVE experienced n...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
BitMine Immersion Technologies reported $46.5 million in revenue for the quarter ending May 31, 2026, with 98% coming from Ethereum staking. The company has shifted focus from Bitcoin mining to Ethereum staking and now holds about 5.77 million ETH, w...
