Ethereum is showing bullish momentum with a mini golden cross on its daily chart, where the 20-day EMA crossed above the 50-day EMA, signaling a potential recovery. The price has found support near $1,740-$1,776 and faces resistance around $1,900-$1,950 and the 100-day EMA near $1,940. A breakout above $1,940 could lead Ethereum to test the psychological $2,000 level and possibly the 200-day EMA at $2,210, marking a longer-term recovery. Improved trading volume and a neutral-to-bullish RSI support this positive outlook, although bears remain active at key resistance levels.
T. Rowe Price, managing nearly $2 trillion in assets, launched its first actively managed multi-token crypto ETF (TKNZ) with $15 million initial capital. The ETF includes Bitcoin (41%), Ethereum (18.4%), XRP (9.37%), and Dogecoin (1.28%), marking sig...
Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant ...
Tom Lee of Fundstrat highlights Ethereum's crucial role in the future of AI, emphasizing two main reasons: AI systems need secure, immutable rules for autonomous transactions, and users will distrust centralized entities like governments or big tech ...
The launch of Kimi K3 by Chinese AI startup Moonshot AI triggered a selloff in semiconductor stocks and risk assets, causing Bitcoin to fall below $64,000. The new AI model raised concerns about US chipmaker valuations, impacting tech stocks and spre...
The Coinbase Bitcoin Premium Index has remained negative for 60 consecutive days, indicating sustained weak institutional demand for Bitcoin in the U.S. This is the longest negative streak recorded, surpassing the previous 30-day record during the 20...
