The Coinbase Bitcoin Premium Index has remained negative for 60 consecutive days, indicating sustained weak institutional demand for Bitcoin in the U.S. This is the longest negative streak recorded, surpassing the previous 30-day record during the 2010-11 crash. Bitcoin's price hovers around $63,000-$64,000 but faces resistance levels. Meanwhile, Ethereum's chances of reaching $10,000 by the end of 2026 are low, with only a 1.9% probability, reflecting reduced institutional interest. Investors should watch for changes in U.S. institutional demand and significant developments in Ethereum that could impact market trends.
Ethereum price is currently trading near $1,905 and is testing a critical resistance level around $1,923, which has limited gains since June. The cryptocurrency has shown signs of recovery with higher lows and support near $1,877, but it needs to bre...
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Tokenized U.S. Treasuries have grown to $15.2 billion across multiple blockchains, with Ethereum holding the largest share at $6.6 billion or 43% of the market. Despite rising competition from chains like BNB, Stellar, Solana, and Avalanche, Ethereum...
Cryptocurrency markets saw a general decline with major coins like Bitcoin falling 1.6% to $63,946 and Ethereum dropping 2.2% to $1,873. Other notable declines include XRP down 2.1% and Cardano down 2.2%. Some smaller tokens showed gains, but overall...
Ethereum staking has reached a new high of 41.7 million ETH, representing about one-third of its circulating supply, even as the price dropped from $3,400 to $1,900 since January. This growth is driven by reinvested staking rewards and increased part...
