Harvard Endowment significantly reduced its exposure to BlackRock's spot Ethereum ETF, exiting an $86.8 million position initiated just a quarter earlier. This move, combined with slowing growth in Ethereum's on-chain fundamentals and increased short positions by large investors, suggests rising institutional caution toward Ethereum. The shift from accumulation to speculation indicates potential downside risk, with ETH possibly falling below key support levels of $2,000 and even $1,700. This signals a meaningful change in market sentiment rather than routine portfolio adjustment.
Jump Crypto's Firedancer validator client has begun producing blocks on Solana's mainnet, marking a key step toward improving the blockchain's resilience by diversifying its software implementations. This move aims to reduce the network's reliance on...
World Liberty Financial, linked to Donald Trump, sold 4,870 ETH for about $10.61 million in USDC, reflecting ongoing treasury management amid legal and market challenges. The sale occurred as Ethereum prices hovered near $2,185, pressured by ETF outf...
This week in cryptocurrency, Bitcoin is forecasted to have a bearish summer due to resistance levels and weakening momentum, despite earlier bullish predictions. Meanwhile, investor interest in Bitcoin-linked strategies could create a self-reinforcin...
Ethereum has dropped to a new yearly low against Bitcoin, trading below key support levels on the ETH/BTC chart. Despite this weakness, data shows continued accumulation as more ETH leaves exchanges and spot ETH ETFs see positive inflows, indicating ...
Bitcoin remained near $78,400 as traders reacted to Iran's counterconditions to a US peace deal proposal and ongoing Middle East conflict risks. Iran demands lifting US sanctions, release of frozen funds, compensation for war damages, and control ove...
