Ethereum's price outlook for May suggests a likely decrease due to rising unstaking activity and geopolitical tensions between Iran and the U.S. The amount of ETH waiting to be unstaked surged by 72,000% recently, indicating potential selling pressure. Elevated U.S. inflation and high Treasury yields add to macroeconomic challenges affecting Ethereum and other risk assets. Investors should watch geopolitical developments and economic indicators for further market impact.
Las Vegas-based BitMine Immersion acquired 111,942 ETH last week, increasing its total Ethereum reserves to 5.39 million ETH as part of its goal to own 5% of Ethereum's circulating supply by 2026. The company stakes 4.7 million ETH, generating about ...
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Bitmine Immersion Technologies recently acquired 111,942 ETH, raising its total Ethereum reserves to about 5.4 million ETH. Chairman Tom Lee views the recent ETH price dip below $2,200 as a buying opportunity and remains bullish on a crypto supercycl...
David Hoffman, co-founder of Bankless, sold his Ethereum (ETH) holdings after concluding that the long-standing thesis of 'ETH is money' has largely played out. Despite selling his ETH, Hoffman remains bullish on the Ethereum network and its ecosyste...
Ethereum options markets remain bullish with a focus on $2,350 call options, even as total open interest slightly decreased to $6.96 billion. Calls represent 61.6% of contracts, indicating optimism for higher prices, while significant put interest ne...
