Ethereum's price dropped near $1,560 following a significant transfer of 80,000 ETH (worth about $121.6 million) from a wallet linked to co-founder Joseph Lubin, which had been inactive for over three years. The ETH was moved to MakerDAO wallets and used as collateral, indicating a DeFi strategy rather than a direct sale. This movement, combined with $5.97 million outflows from U.S. spot ETH ETFs and broader crypto market weakness, has intensified selling pressure. Ethereum now tests a key demand zone between $1,540 and $1,590, with potential rebounds if buyers defend this level, but risks deeper declines if support fails.
Ethereum's market capitalization has fallen to about $186.263 billion, while Tether's stablecoin market cap rose to approximately $187.05 billion, marking a rare flip where Tether overtakes Ethereum. This shift is driven by increased demand for stabl...
James Wo, CEO of crypto investment firm DFG, argues bitcoin has stronger institutional support and safe-haven status than ether, which he believes won't reach new all-time highs soon. Wo points out that Ethereum's value is diluted by Layer-2 networks...
Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...
An AI model forecasts Ethereum's price could reach around $2,225 by June 2026, reflecting improved fundamentals despite recent market losses. Ethereum's growth is supported by increased institutional investment in spot ETFs, over 30% of ETH locked in...
Bitcoin recently fell to $59,100, prompting analysts to warn it may be repeating the bearish pattern seen in 2022, especially around the critical 50-month exponential moving average at $66,628. This technical level is seen as a potential support befo...
