Ethereum reserves on centralized exchanges have fallen by 1.15 million tokens (15%) over 11 weeks, driven by increased staking and corporate treasury holdings. This reduction in liquid supply, combined with a surge of $189 million inflow into U.S. Ethereum ETFs and positive regulatory signals from Washington, has pushed Ethereum's price above $2,300 for the first time since May. The shrinking exchange reserves create a tighter supply-demand balance, increasing price sensitivity and reducing selling pressure. The future price trend depends on continued ETF inflows and regulatory developments in the U.S.
Ethereum's native token, Ether (ETH), is poised for a 20% rally following a breakout from a bull flag pattern, which has already driven an 85% price increase since June. The breakout suggests a potential upside target near $3,250, a previous resistan...
Ethereum futures open interest on Binance has surged to $6.58 billion, the highest in over nine months, driven by a price breakout above $2,700. This 37% increase since late August reflects renewed bullish sentiment and growing participation in Ether...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...
Ethereum surged 6% to $2,719 on September 21, breaking a key resistance level at $2,672 following Bitcoin's rise above $85,000. This triggered a major short squeeze, liquidating over $700 million in crypto positions within 24 hours, with $313 million...
