Ethereum surged over 18%, breaking above $2,000, driven by large leveraged positions and record inflows into ETH Spot ETFs from BlackRock, Fidelity, and Grayscale. Exchange supply of ETH dropped 15% over 11 weeks, signaling strong investor demand. Technically, Ethereum is poised to test $2,500, a key resistance level that could confirm a bullish market shift if surpassed. The short-term outlook is positive, but sustained gains depend on breaking this critical price point.
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Ethereum's crowd sentiment reached its lowest point in three months, turning sharply bearish for the third time in about 30 days, while the price rose approximately 17%. This pattern, tracked by Santiment, has historically preceded price rebounds, su...
Bitcoin surged above $71,000 for the first time since June, driven by a massive short squeeze that liquidated about $3 billion in bearish bets. This breakout ended a six-week period of low volatility and narrow trading between $62,000 and $66,900. Th...
Fidelity Digital Assets cautions that AI-driven digital activity might largely occur within centralized systems operated by big tech and fintech firms, potentially limiting demand for public blockchains. This challenges the idea that autonomous AI ag...
HyperliquidX's price jumped 27% and Ethereum rose 19%, signaling a shift in investor interest toward higher-risk cryptocurrencies beyond Bitcoin. Market optimism is reflected in the increased probability of Hyperliquid reaching $100 by the end of 202...
