Ethereum (ETH) has recovered to around $1,691 after dipping to $1,505 last week, gaining 1.4% in 24 hours but still facing a bearish trend since April. Key resistance lies between $1,700 and $1,715, with a close above this potentially leading to gains near $1,900-$2,000. Analysts warn that a weekly close below $1,500 could push ETH down to $1,000, while some see current prices as a strong long-term buying zone. BitMine Immersion Technologies recently acquired over 126,000 ETH, increasing its holdings to 5.54 million tokens worth about $9 billion, signaling confidence despite market pressure and ETF outflows.
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
