Ethereum's price fell 23.5% in June to around $1,557, hitting new lows and triggering unrealized losses among major ETH holders for the first time since 2019. This rare whale loss scenario often signals a market bottom, while Ethereum ETFs are seeing seven weeks of capital withdrawals, marking the largest outflows since January. Additionally, concerns about funding shortfalls for Ethereum's core development have emerged, with an estimated $30 million annual gap needing new institutional support. Key price levels to watch are support near $1,500 and resistance around $1,710, with technical indicators showing weak momentum but potential for a relief rally if $1,750 is reclaimed.
An Ethereum wallet connected to Vitalik Buterin transferred 7,000 ETH valued at $11.06 million to a new wallet after being inactive for about a year. Blockchain analysts suggest this move likely precedes a deposit to a centralized exchange, following...
Ethereum has dropped 20%-45% year-to-date but continues to attract institutional and whale investors. SharpLink and other large holders recently increased their Ethereum stakes by millions of dollars, showing belief in its long-term value and staking...
Affluent crypto investors are concentrating their holdings in Bitcoin, Ethereum, and XRP as market volatility drives a risk-off approach. These top cryptocurrencies dominate portfolios due to their liquidity and brand strength, while many altcoins re...
Major cryptocurrencies fell this week as investors favored AI-related stocks, with Dogecoin and Hyperliquid's HYPE dropping about 10%. Bitcoin was more resilient, dipping 5.3% but quickly rebounding from lows near $58,000 due to aggressive buying. Cr...
The Commodity Futures Trading Commission (CFTC) has approved KalshiEX's Bitcoin perpetual futures contract, making it one of the first U.S.-regulated platforms to offer crypto futures tied directly to Bitcoin's spot price. Kalshi also offers perpetua...
