Ethereum surged 32.5% in August, its strongest monthly gain since July 2025, fueled by $1.85 billion net inflows into US spot Ethereum ETFs and large holders accumulating 430,000 ETH. Smaller investors reduced holdings while staking participation grew, reducing circulating supply. Despite this momentum, ETH faces resistance near $2,550, with leveraged positions raising liquidation risks. If bulls fail to hold, support lies around $2,250–$2,300, while clearing $2,550 could trigger a rally toward $2,650–$2,700. Corporate accumulation continues, with BitMine adding 53,501 ETH to its 5.9 million ETH reserves, signaling strong institutional interest.
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
A joint study by ARK Invest and Glassnode found Bitcoin's mining power is concentrated in three pools surpassing 51% hash rate, but independent miners can switch pools quickly, limiting control. Ethereum requires three staking entities to exceed a 33...
Bitcoin slipped below $77,000 following a strong 24% gain in August, pressured by concerns over rising US interest rates and higher oil prices due to geopolitical tensions. Other major cryptocurrencies like Ether, XRP, and Solana also declined. The m...
Despite a recent crypto rally in August, prediction market bettors see significant downside risks for ethereum (ETH), XRP, and solana (SOL) through the end of 2026. Markets like Polymarket and Kalshi show high probabilities of ETH touching lower pric...
Arbitrum's ARB token surged 28% in one day, driven by a net inflow of $1.6 billion in bridge assets, indicating strong capital retention on the blockchain. This positive netflow, alongside a $170 million increase in total value locked (TVL) and a 151...
