Ethereum's price recovered past the $1.7K resistance, rising 3.02% to $1,756, driven by strong momentum indicators like MACD and RSI. A major whale closed a $54.1 million short position, taking a $9.386 million loss and paying $36,000 in fees, reflecting reduced bearish bets. Retail traders increased futures activity, favoring long positions as the Long/Short ratio rose above 1 across exchanges. If buying pressure continues, Ethereum could test $1.8K and potentially $2K, but large ETH deposits to exchanges may increase selling risks.
Ethereum surged past $1,700 to reach about $1,715 on July 3, gaining over 6% in a day amid renewed inflows into U.S. spot Ethereum ETFs, led by BlackRock’s ETHA. A rare monthly TD Sequential buy signal appeared, historically preceding major rallies, ...
Dave Portnoy, founder of Barstool Sports, revealed he is down millions on his Bitcoin investment bought near $100,000 but vows to hold the asset even if it falls to zero. He admitted to repeatedly mistiming trades, selling before rallies, and now pre...
Binance recorded a net inflow of $213 million in USDT stablecoins over 24 hours, indicating increased capital moving onto the exchange. This inflow suggests traders may be preparing to buy cryptocurrencies or use the funds for trading activities, but...
Ethereum's monthly TD Sequential indicator triggered its first bullish signal since March 2025, reviving optimism after previous signals led to major rallies. The price rebounded from a double bottom near $1,565 and climbed above $1,700, with $1,800 ...
Joseph Chalom, former Blackrock exec and Sharplink co-CEO, defends Ethereum against claims of a "culture problem," highlighting its 900,000+ validators and over one million developers as key to its decentralization advantage over Solana, which has ab...
