Ethereum (ETH) has outperformed Bitcoin (BTC), gaining over 19% compared to Bitcoin's 5% increase, supported by three bullish signals: the ETH/BTC ratio hitting a three-month high, the clearing of Ethereum's validator exit queue, and consistent positive inflows into Ethereum ETFs totaling around $294 million over three weeks. Analyst Pentosh1 suggests $1,700s as a potential accumulation zone with short-term upside to the low $2,000s. Key technical levels indicate ETH holding above $1,837 is crucial for recovery, while dropping below could lead to lower support levels at $1,711 and $1,506. This momentum positions ETH as a stronger major cryptocurrency despite broader market uncertainties.
Most major cryptocurrencies saw price declines, including Bitcoin falling about 1.9% to $63,665 and Ethereum down 1.8% to $1,911. Other notable drops include Shiba Inu falling over 8% and several altcoins declining between 2% and 7%. A few tokens sho...
Cardano's once-criticized design choices, including formal verification, selective privacy, broad token distribution, and proof-of-stake, are increasingly being adopted by major blockchain networks. Analyst Linda highlights that these features, initi...
Clear Creek Financial Management disclosed $15.1 million in crypto exchange-traded funds (ETFs) across Bitcoin, Ethereum, XRP, and Solana in its latest US regulatory filing. Bitcoin ETFs led with about $10.4 million, primarily in Bitwise’s BITB fund,...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Arthur Hayes, former BitMEX CEO and current CIO of Maelstrom, purchased an additional $6.39 million worth of ether (ETH), increasing his total July purchases to 7,213 ETH. Despite currently holding a $301,000 paper loss on these positions, Hayes is b...
