Ethereum surged from around $1,800 to nearly $1,945, currently trading near $1,929, driven by strong U.S. equity market gains and $37.47 million inflows into spot Ethereum ETFs. Technical analysts highlight the critical $1,870–$1,900 support zone as key for a breakout above $2,000. The ETH/BTC pair has broken an 11-month downtrend, suggesting Ethereum could outperform Bitcoin if it sustains above 0.03 BTC. Failure to hold support near $1,859 may lead to a pullback toward $1,828. Investors should watch for a decisive close above $1,953 to confirm further upside momentum.
The staking market saw mixed performance this week as Hyperliquid's staked market cap fell sharply by 12.59%, contrasting with stable gains in Ethereum (+0.77%) and Solana (+0.73%). Despite strong staking participation in networks like Bittensor and ...
On July 22, AFX's third-party cross-chain bridge was exploited, resulting in a loss of $24.15 million USDC. The attacker moved the stolen stablecoins from Arbitrum to Ethereum and converted them into approximately 12,467 ETH. The breach did not affec...
Ethereum's recent scaling upgrades have led to a surge in network activity, with weekly transactions reaching an all-time high of 1.8 million and a peak of 21 million at one point, while median transaction fees dropped to a record low of $0.008. This...
Ethereum is showing strong seasonal performance in July, with transaction counts hitting a record 18.7 million and median fees dropping to $0.008, signaling successful scaling upgrades. Developer activity is surging, with smart contract deployments u...
Fundstrat's Tom Lee suggests the market underestimates the chances of the CLARITY Act passing, which could positively impact crypto regulation. He also highlights Ethereum's potential to benefit from AI-driven growth, as AI applications increasingly ...
