Ethereum's price climbed about 2% to around $1,913 on July 29, supported by $14.53 million inflows into US spot Ethereum ETFs, including $5.15 million for Morgan Stanley's new MSSE fund. Short position liquidations of $37.68 million also helped accelerate the rebound from a low near $1,856. Ethereum is trading within an ascending channel with resistance near $1,970, and a break above this could test the $2,000 level. The upcoming Federal Reserve rate decision is a key event that could influence whether Ethereum maintains its upward momentum or faces renewed pressure toward $1,880 or $1,800 support levels.
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Ethereum whales recently withdrew 40,000 ETH worth about $76.6 million from Binance, indicating strong investor confidence and a preference to hold or use ETH in decentralized finance rather than sell. This large withdrawal, combined with Ethereum tr...
Ethereum (ETH) price fell nearly 4% to around $1,877, testing a critical support level at $1,745 that traders view as a line between a mild pullback and a deeper decline. A significant $36 million sell wall between $1,975 and $2,000 is limiting upwar...
Hong Kong has authorized retail trading of XRP through OSL HK, the city's first licensed exchange to offer XRP to everyday investors. This move strengthens Hong Kong's position as a leading regulated crypto hub in Asia and highlights the region's gro...
Morgan Stanley has launched its MSSE exchange-traded fund (ETF), expanding its crypto product lineup to include Ethereum and Solana alongside Bitcoin. On the same day, spot Ethereum ETFs recorded $14.53 million in net inflows, indicating strong insti...
