An early Ethereum investor sold $188 million worth of ETH, wrapped staked Ether, and wrapped Bitcoin before the recent market crash, then repurchased similar amounts at lower prices as the market recovered. This strategic move, described as a "perfect sell high, buy low," allowed the trader to regain exposure with less capital. Meanwhile, Ethereum's price rebounded near $1,666 but remains volatile, with a large short position still open and significant sell walls on exchanges. Falling exchange reserves suggest tighter supply, but market direction remains uncertain as resistance levels near $1,800 to $2,000 are tested.
Ether (ETH), the second-largest cryptocurrency by market cap, briefly fell below the $2,300 mark on Binance's spot market, trading at $2,294 as of early Nov. 4. Despite this dip, the price showed a 0.60% gain over the previous hour, indicating short-...
Ethereum Foundation researcher Justin Drake announced at Devcon 8 that the network hopes to finish its post-quantum and post-AI security upgrade by December 2028, moving up the previous target of December 2029. This upgrade addresses risks posed by q...
The total stablecoin market capitalization has declined by 6% from $280 billion in April to $263 billion currently, reflecting reduced liquidity in crypto markets. Binance's Tether (USDT) reserves have shrunk by 7.8% over the past 30 days to about $3...
Bitcoin's sharp rallies have become less frequent due to institutional call-option selling and profit-taking by large holders, yet a price of $90,000 by the end of 2026 is projected. Market sensitivity to Wall Street strategies and macroeconomic news...
During the hour ending at 9:24 a.m. ET on Nov. 3, $7.75 million worth of short positions in Ether (ETH) were liquidated across Binance, Bybit, and OKX exchanges. The total liquidations, including $2.51 million in long positions, reached $10.26 millio...
