Ethereum spot ETFs have attracted over $1.5 billion in inflows across 12 trading days since August 12, driven largely by BlackRock's clients purchasing $1.02 billion. Despite strong ETF demand, Ethereum's price is consolidating between $2,383 and $2,530, with aggressive sell pressure observed on derivatives markets. The price remains above key cost basis levels, suggesting sellers are being absorbed, but a breakout above $2,530 is needed to confirm renewed upward momentum. Market participants remain cautiously optimistic, betting on a price rally in September.
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
Ethereum (ETH) recovered from a dip to $2,324, bouncing back to trade around $2,483 with a 3.3% gain. The price sweep below $2,350 triggered stop-losses but quickly reclaimed support, signaling strength rather than selling pressure. Technical indicat...
Bitcoin recovered to $82,295 after dropping below $80,000 for the first time in over a month, triggering significant liquidations mainly from long positions. Altcoins performed well, with Zcash surging 10.29%, Ethereum up 4.17%, and Solana rising 3.0...
On OKX, 81% of Dogecoin accounts hold long positions, a much higher ratio than Bitcoin or Ethereum, indicating strong retail trader bullishness. This lopsided positioning increases the risk of a cascade of forced liquidations if the price falls below...
Bernstein forecasts Ethereum could surge to $5,500 by the end of 2026, implying a 124% gain from its current price around $2,450. This optimistic target contrasts with lower forecasts from Citi and Standard Chartered, highlighting uncertainty in Ethe...
