Ethereum is trading near $2,498, maintaining a key breakout zone above $2,381. Analyst Bitcoin Meraklisi highlights that a confirmed breakout above $2,515 could push the price to $2,750 and potentially as high as $4,750 if momentum continues. Trading volume surged 81.78% to $29.08 billion, indicating growing market interest alongside a slight rise in open interest. The expansion of Ethereum's real-world asset sector, led by $163.5 billion in stablecoins, supports its growing role in tokenized finance. The next critical levels to watch are $2,515 for a bullish breakout and $2,381 as support to maintain the current positive setup.
On October 22, Bitcoin and Ethereum ETFs experienced a combined net outflow of $746.4 million, reversing the previous day's inflows. Bitcoin ETFs alone saw $635.6 million withdrawn, led by BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin ...
U.S. spot Ether (ETH) exchange-traded funds experienced significant net outflows of $110.6 million on October 22, following a brief inflow of $14.9 million on October 21 that failed to offset losses from the previous five sessions. From October 14 to...
Ethereum's development team has postponed the Glamsterdam upgrade on the Hoodi test network because of security concerns related to changes in gas rules that might affect existing smart contracts. This delay raises questions about the network's stabi...
An Ethereum wallet that had been inactive for 9.5 years transferred 3,000 ETH to the Kraken exchange on October 22. When these tokens were withdrawn from Gemini in 2017, they were valued at $19 each, totaling about $56,000. The current value of the t...
Bitcoin dropped to around $81,000 amid a tech sector sell-off that pressured risk assets, including cryptocurrencies. Despite this, institutional demand remains strong, with US spot Bitcoin ETFs seeing $528 million in inflows over three days, led by ...
