Ethereum price dropped to around $1,880 after sellers blocked its recovery below the key $2,000 resistance level, erasing part of its recent rebound from $1,560. The decline was influenced by a broader tech stock sell-off and rising risks from leveraged trading, with open interest hitting its highest since early June. Despite continued inflows into Ethereum ETFs, selling pressure in spot markets persists. The critical support zone between $1,850 and $1,880 will be key to maintaining the recovery, with a potential rebound toward $2,060 if this level holds. However, short-term momentum remains bearish, and a break below $1,850 could lead to further declines toward $1,730-$1,750.
Morgan Stanley has secured approval to list spot Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs) on NYSE Arca, trading under the tickers MSSE and MSOL. These ETFs will stake a portion of their crypto holdings to generate additional rewar...
Ethereum price dropped to around $1,880 after failing to surpass the $2,000 resistance level, pressured by profit-taking, rising derivatives leverage, and a sharp sell-off in U.S. tech stocks. Despite $26.3 million inflows into U.S. spot ETH ETFs, ma...
Cryptocurrency markets display varied price changes with Bitcoin holding around $64,935, slightly down by 0.25%. Ethereum and several altcoins such as ADA and SOL experienced more significant declines, with ADA dropping over 4% and SOL over 2%. Some ...
Charles Hoskinson, founder of Cardano and former Ethereum co-founder, criticized Ethereum's governance model for lacking sustainable funding and relying on a few large organizations. He advocates for more decentralized governance through token holder...
Ethereum's price has risen over 13% in the past month, and analyst Ali Martinez highlights a key support level at $1,850. If ETH maintains this support, it could rally to $2,060, forming a rising channel on the 1-hour chart. Currently trading near $1...
