Tether's USDT stablecoin briefly overtook Ethereum in fully diluted valuation as ETH prices fell to their lowest in 2026, highlighting strong demand for stablecoins even during crypto market downturns. USDT's valuation reached about $191.5 billion, surpassing Ethereum's roughly $189.3 billion, though Ethereum retained its second place by market cap. This shift reflects growing defensive demand for stablecoins as traders seek dollar liquidity amid selling pressure and ecosystem changes in Ethereum, including workforce cuts and new research initiatives. Despite the dip, some institutional investors continue buying Ethereum, signaling confidence in its long-term value.
The cryptocurrency market is showing signs of recovery ahead of a major options expiry worth $10.8 billion involving Bitcoin, Ethereum, XRP, and Solana. Bitcoin options worth $9.3 billion are expiring today, with traders hedging for volatility and a ...
A long-dormant Ethereum wallet sold 27,585 ETH worth about $44.84 million after seven years of inactivity, signaling renewed market activity. Analysts highlight $1,500 as a critical support level for ETH's price stability, with potential moves toward...
Around $9.3 billion in Bitcoin options and $1.6 billion in Ether options are set to expire on June 26, marking one of the largest crypto derivatives events of 2026. Bitcoin trades near $59,648, below its $72,000 max pain level, with traders paying pr...
SharpLink resumed buying Ethereum (ETH) after an eight-month pause, acquiring 5,000 ETH worth about $7.85 million as ETH prices dropped to around $1,537, the lowest in 2026. The company now holds 876,285 ETH valued at approximately $1.4 billion, but ...
Ethereum traders are increasingly buying short-term put options as downside protection while maintaining longer-term call options, signaling caution amid falling ETH prices. Solana options remain balanced with no strong directional bias, and XRP opti...
