Ethereum's price has surged back toward $1,800 following a sharp short squeeze triggered by easing geopolitical tensions, particularly after U.S. strikes on Iranian targets initially caused a sell-off. Technical indicators suggest bullish momentum with Ethereum reclaiming $1,750 and testing resistance near $1,800-$1,833, with potential to reach $1,900 if it breaks through. However, failure to hold above $1,750 could lead to renewed bearish pressure. Market optimism is also supported by positive developments in Asian markets, regulatory clarity efforts in the U.S., and Ethereum's dominance in tokenized real-world assets, though macro risks like Middle East tensions and inflation data remain.
Options worth $1.75 billion for Bitcoin and Ethereum expired on July 10, reflecting cautious market sentiment. Bitcoin options valued at $1.5 billion had a balanced put-call ratio near 0.97 and a maximum pain level at $62,000, while Ethereum options ...
Ethereum is currently holding a short-term support zone between $1,720 and $1,745, which analysts say is crucial for a potential rally toward $1,840. If ETH maintains this support, it could break above resistance near $1,800 and continue its upward m...
Robinhood Chain, an Arbitrum-based Ethereum Layer 2 network, has quickly gained traction by attracting over $70 million in bridged ETH and reaching around 194,000 daily active users within its first week. The platform supports tokenized real-world as...
Wells Fargo significantly increased its holdings in Bitcoin and Ethereum ETFs, including a 125% rise in Strategy shares and a 65% boost in BlackRock's Ethereum ETF, while reducing stakes in some crypto stocks like Galaxy Digital and Coinbase. The ban...
Robinhood Chain, a new Ethereum-based layer-2 network launched on July 1, has attracted over $70 million in bridged Ether within its first week. The network supports tokenized finance products including tokenized US stocks and uses ETH as its native ...
