Ethereum has dropped nearly 14.4% from its June 22 high, pressured by a $10.63 billion options expiry, institutional ETF outflows, and expectations of Federal Reserve rate hikes. The token recently tested key support around $1,500, with technical indicators showing bearish momentum and major Ethereum holders currently in unrealized losses. The Ethereum Foundation's recent budget and workforce cuts have added uncertainty about the network's development. A sustained recovery requires reclaiming $1,750, while a break below $1,500 could lead to further declines toward $1,414.
Bitcoin experienced significant capital outflows as traders moved funds into stablecoins like USDT and USDC, as well as fiat currencies including USD, BRL, and TRY. This shift indicates a defensive market stance, with investors seeking liquidity and ...
Bitcoin bounced back from its lowest level since September 2024, trading near $59,700 after dipping to around $58,100. Meanwhile, ether continued to decline, holding near $1,550, and U.S. equity futures showed signs of weakness. Market stress is evid...
Bitcoin slipped below $60,000, trading around $59,586 after a US inflation report showed higher-than-expected Personal Consumption Expenditures, signaling prolonged Fed interest rate hikes. This triggered a $1.48 billion crypto liquidation, dragging ...
Ethereum is defending a key $1,500 support level, showing signs of strong buyer interest despite recent declines. A sustained bounce from this zone could trigger a recovery toward $1,800, marking a 15-20% gain, with a possible breakout to $2,100-$2,1...
Ondo Finance has introduced round-the-clock minting and redemption for its tokenized stocks and ETFs on Ethereum and BNB Chain, allowing users to create or redeem tokenized equity positions anytime without being limited by traditional U.S. market hou...
