Ethereum's price recovered to around $1,691 after dipping close to $1,500 last week, with buyers needing to surpass $1,715 to extend the rebound. Technical indicators like MACD and Aroon remain bearish, suggesting sellers still dominate and a weekly close below $1,500 could lead to a drop toward $1,000 support. BitMine's large purchase of 126,971 ETH helped ease selling pressure, but overall market sentiment remains cautious amid weak ETF demand and low on-chain profitability. The next key resistance levels are $1,900 to $2,000, which must be cleared for a sustained recovery, while failure to hold $1,500 could trigger further losses.
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...
