After the US June Consumer Price Index showed a surprising 0.4% monthly drop and a year-over-year decline to 3.5%, Ethereum futures buying exploded, especially on Binance which recorded $1.2 billion in taker buy volume within the first hour. This massive volume dwarfed other platforms like Deribit and OKX, indicating a strong directional bet on ETH futures rather than options. The inflation data caused a sharp drop in Federal Reserve rate hike expectations ahead of the July 29 meeting, fueling the rally. However, analysts warn this speculative surge may not guarantee a lasting uptrend, with the upcoming Fed meeting as the next key market event.
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...
Crypto markets saw a rebound with Bitcoin around $82.7K and Ethereum up 4%, despite recent hot Producer Price Index data. Key developments include MSCI's new index rules risking Strategy's removal, Binance US seeking $100M at a $1B valuation, and Sol...
In the latest 24-hour crypto market flows, Ethereum (ETH) recorded the largest net inflow at $74.21 million, followed by Solana (SOL) and Zcash (ZEC). Meanwhile, stablecoin USDC and meme coin Dogecoin (DOGE) experienced the largest net outflows, with...
On South Korea's largest crypto exchange, Upbit, XRP's trading volume in KRW surpassed Bitcoin and Ethereum for two consecutive days, reaching $145.57 million on October 15, 2026. This surge followed regulatory actions blocking offshore exchanges, pu...
