Ethereum has fallen below $2,700 but remains resilient, trading above $2,500 despite multiple rejections at key resistance levels. Analysts note that Ethereum is undergoing a critical technical test around its 20-day moving average, with support between $2,580 and $2,600 helping maintain its bullish structure. This consolidation phase is seen as a sign of strength, with buyers returning during pullbacks rather than selling off. A break above the $2,700 to $2,800 zone could trigger renewed investor interest and a broader rotation back into altcoins, positioning Ethereum as a market leader in the altcoin segment after months dominated by Bitcoin. The market is closely watching this threshold as it could redefine crypto market dynamics in the coming weeks.
Ethereum (ETH) price recently bounced off a key $2,000 support level, despite investors withdrawing nearly $500 million from Ethereum ETFs over 10 days, signaling temporary market fear. Futures market data shows rising bullish positioning with open i...
The Ethereum Foundation has responded to criticism over its recent ETH sales and unstaking activities, clarifying that its primary role is to support the Ethereum protocol rather than influence ETH's market price. Researcher William Mougayar highligh...
Infinit (IN) surged nearly 10% on Upbit with a 500% spike in trading volume, reaching about 53.49 billion won in 24-hour turnover. This surge placed Infinit at the top of Upbit's investor sentiment rankings with an 'extreme greed' score of 97, signal...
Ethereum's recent Glamsterdam upgrade cut network fees by 78%, causing transaction fees and revenue to fall to record lows. Despite this, on-chain activity is strong, with monthly transactions hitting nearly 80 million, an all-time high. This suggest...
BitMine Immersion Technologies ($BMNR) has been added to the Russell 3000 Index, enhancing its visibility and access to institutional investors. This inclusion allows automatic inflows from index-tracking ETFs and passive funds, potentially increasin...
