Ethereum (ETH) surged over 6.5% in under an hour to reach $2,663, its highest since February, following U.S. Consumer Price Index data that met expectations. This rally triggered $215 million in short position liquidations and reduced ETH's year-to-date losses to 15%, raising hopes for a positive end to 2026. Analysts emphasize the importance of ETH holding above $2,500 to sustain momentum, with price targets between $2,800 and $2,950 for September. The market sentiment is optimistic but cautious, as ETH shows signs of breaking out from a consolidation phase and potentially leading an altcoin rally.
On October 22, Binance's Ethereum perpetual futures market recorded a single liquidation of a long position valued at $2.4 million. The liquidation occurred when the ETH price hit $2,400. This event highlights the risks involved in leveraged trading ...
Ether (ETH) price slipped below the $2,400 mark on October 22, trading at $2,398.98 with an intraday loss of 4.53%. This decline continues a pattern of volatility around the $2,400 threshold, as ETH also briefly dipped below this level on October 19 ...
Ethereum researchers have proposed the Decoupled Consensus, a major redesign to reduce transaction finality from about 16 minutes to 4 minutes. This change would free up capital tied in cross-chain transfers by about 75% and enhance security against ...
A crypto whale purchased approximately $7.22 million worth of nine different tokens within 24 hours. The largest buys were 378,129 Lighter (LIT) tokens valued at $1.4 million, followed by 6.61 million Ethena (ENA) and 3 million Ondo (ONDO) tokens, ea...
U.S. spot Bitcoin ETFs attracted $524.8 million on Wednesday, extending a three-day inflow streak to about $1.07 billion and reversing October losses by roughly $460 million. This inflow surge follows a prior two-week outflow totaling around $910 mil...
