Ethereum price remains steady above the key $1,900 level, supported by strong inflows into US spot Ethereum ETFs totaling $92.15 million on August 6 and $244.94 million for the week—the highest in nearly four months. This momentum is bolstered by disappointing US employment data, which lowered expectations for Federal Reserve rate hikes, benefiting risk assets like cryptocurrencies. Market watchers see $2,000 as the next major resistance, with potential for a rally if Ethereum sustains above $1,900 and clears the 200-day moving average at $2,061.
Ethereum options traders maintain a bullish stance with call options making up 61.75% of open interest, despite a 5.64% drop in total open interest to $4.33 billion. This decline suggests traders are reducing risk and taking profits rather than turni...
Top traders are reducing Bitcoin long positions, especially in USDT-margined futures, indicating a cooling of leveraged bullish sentiment. Data shows a notable decline in the share of accounts holding BTC longs, suggesting broad de-risking rather tha...
Grayscale's Ethereum Staking Mini ETF currently stakes 80.8% of its 839,556 Ether holdings, earning a net yield of 2.61% after fees. Following a July 2026 amendment, the fund will convert staking rewards into cash and distribute them quarterly to inv...
Ethereum is approaching a crucial resistance level at $1,950, which if surpassed, could trigger a significant rally toward the 200-day EMA at $2,150 and beyond. This optimism is fueled by the U.S. Senate scheduling a vote on the Clarity Act after sum...
ETHGas, which tracks Ethereum gas fees, rose over 36% following increased network activity and congestion. The surge was driven by a rebound in Ethereum transactions and a rise in DeFi lending dominance to 67% of onchain borrowing. Layer 2 solutions ...
