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.
On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...
Cryptocurrency markets display varied price changes, with Bitcoin trading slightly down at around $79,013 and Ethereum slightly up near $2,483. Several altcoins show significant gains, including DOT rising over 12% and WLD increasing by more than 13%...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
Ripple transferred 1.36 million RLUSD from the XRP Ledger to Ethereum, increasing Ethereum's RLUSD supply lead to about $350 million. Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XR...
Senator Cynthia Lummis warned that failure to pass the Clarity Act this term could delay meaningful cryptocurrency market legislation until 2030, impacting investment and regulatory clarity. Meanwhile, XRP maintains a stable price around $1.40 suppor...
