Ethereum (ETH) price recently bounced off a key $2,000 support level, despite investors withdrawing nearly $500 million from Ethereum ETFs over 10 days, signaling temporary market fear. Futures market data shows rising bullish positioning with open interest up 48% in months, suggesting traders anticipate price gains. A strong weekly buy signal based on historical RSI patterns predicts ETH could rally to $5,400 within 12 to 24 months if the $2,000 floor holds. Short-term, a potential 4x trade exists if ETH rebounds from $2,000 towards $2,400, with resistance at $2,400 and a possible breakout to $3,000 if buying pressure strengthens.
The Ethereum Foundation has responded to criticism over its recent ETH sales and unstaking activities, clarifying that its primary role is to support the Ethereum protocol rather than influence ETH's market price. Researcher William Mougayar highligh...
Infinit (IN) surged nearly 10% on Upbit with a 500% spike in trading volume, reaching about 53.49 billion won in 24-hour turnover. This surge placed Infinit at the top of Upbit's investor sentiment rankings with an 'extreme greed' score of 97, signal...
Ethereum's recent Glamsterdam upgrade cut network fees by 78%, causing transaction fees and revenue to fall to record lows. Despite this, on-chain activity is strong, with monthly transactions hitting nearly 80 million, an all-time high. This suggest...
BitMine Immersion Technologies ($BMNR) has been added to the Russell 3000 Index, enhancing its visibility and access to institutional investors. This inclusion allows automatic inflows from index-tracking ETFs and passive funds, potentially increasin...
Stablecoin market capitalization has surged to a record $323 billion, with over $3 billion added this month, signaling strong liquidity in the crypto market. This increase supports Ethereum, the leading Layer-1 network, despite its recent weaker perf...
