Ethereum's price increased by 1.8% to $1,845 following Rep. Bryan Steil's indication that the CLARITY Act could reach a Senate vote soon. The act aims to establish federal rules for Ethereum trading under a digital commodity framework, potentially boosting regulatory clarity. Spot Ethereum ETFs saw $105 million in inflows, the highest since April, supporting cautious bullish sentiment. Technically, Ethereum must hold above $1,830 and break $1,854 to target resistance near $1,947, with analysts optimistic about a rise toward $2,000+ if support holds. However, unresolved legislative issues and geopolitical risks could impact the momentum.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $62,782, slightly down by 0.5%. Ethereum and Binance Coin also show minor declines. Meanwhile, tokens like OKB and SHIB experience notable gains of 5.4% and 4.1%, respec...
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Ethereum has decided to stop using its custom Poseidon hash function after eight years and significant investment, returning to conventional cryptographic standards like SHA and BLAKE2s. This shift is supported by Bitcoin pioneer Adam Back, who favor...
Binance will stop all deposits and withdrawals involving HTX and ten other platforms starting August 23, 2026, due to sanctions related to HTX's founder Justin Sun and ties to Russia. This move has already reduced liquidity in HTX's ETH trading book,...
