Ethereum surged 9.51% to $2,098.70, its strongest daily gain this summer, driven by the US Treasury's move to double long-dated bond buybacks, which lowered yields and the dollar, encouraging risk assets. ETH outperformed Bitcoin, closing just 1.13% below its critical 200-day EMA at $2,122, a level that could signal a trend change if surpassed. If Ethereum breaks and holds above $2,122, it could target $2,200 and then $2,400, but failure to hold could see a drop back to $2,000 or lower. The high RSI indicates potential momentum or exhaustion, with the next price action at the EMA crucial for direction.
Tom Lee, co-founder of Fundstrat Global Advisors, highlighted Ethereum's recent outperformance against traditional macro assets, suggesting that institutional investors might increase their Ethereum holdings later in 2026. This view frames Ethereum's...
Bitmine has increased its Ether (ETH) holdings to over 6 million tokens, representing 4.9% of Ethereum's total supply. The company holds 6,001,302 ETH, valued at $2,698 each, alongside other assets worth $17.2 billion. With 5,067,309 ETH staked, Bitm...
BitMine added 17,362 Ether last week, raising its total holdings to over 6 million ETH, about 4.9% of Ethereum's supply. Since starting its ETH treasury strategy in June 2025, BitMine has consistently increased its holdings. The company has staked 84...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
Bitcoin and Ethereum have lost significant market capitalization recently, with Bitcoin dropping about $44.8 billion and Ethereum $8.9 billion in 24 hours. Former fund manager Aksel Kibar warns these cryptocurrencies must quickly rebound from current...
