Ethereum (ETH) surged nearly 15% within 24 hours to break its previous all-time high from 2021, reaching around $4,886 on Coinbase. This rally was sparked by Federal Reserve Chair Jerome Powell's comments at the Jackson Hole symposium suggesting a potential interest rate cut in September, which boosted risk assets. Unlike the 2021 peak driven by stimulus and low rates, this rally is supported by Ethereum's shift to proof-of-stake, reduced issuance, and growing institutional interest, including corporate treasury buys and ETH-based ETFs. The key factor to watch next is whether institutional inflows into ETH ETFs increase, which would indicate a more sustainable rally beyond retail enthusiasm.
Most major cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin, experienced price declines today, with Bitcoin down nearly 1% and Ethereum over 2%. However, some tokens like Avalanche (AVAX) and HBAR showed significant gains, rising 14.35...
Ethereum (ETH) has bounced back to the $2,500-$2,550 range after a dip below $2,400 earlier this week, reaching a key breakout point. Institutional interest is stabilizing, with U.S. spot ETH ETFs seeing positive inflows after recent outflows. For ET...
Ethereum co-founder Vitalik Buterin reaffirms commitment to privacy, emphasizing it as a core crypto value. Developers are advancing features like private reads, private transactions, and shielded transfers to enhance user privacy and censorship resi...
Billy Markus, Dogecoin's cofounder, posted an ambiguous message on X saying "we're so back?" during a crypto market recovery where major coins like Bitcoin and Ethereum rose 5% and 6% respectively. Dogecoin itself gained nearly 4%, but Markus did not...
Cryptocurrency prices exhibit varied changes, with Bitcoin at $81,700 and Ethereum at $2,644. Notable increases include AVAX up 17.94%, ENA surging 21.74%, and AR rising 41.84%. These movements highlight ongoing volatility and selective investor inte...
