Ethereum (ETH) futures have seen a significant increase in long positions within USD-margined contracts, often used by institutional traders, with the long share rising to 60.42%. This suggests growing leverage demand from large players even as the number of accounts holding long positions declines, indicating a concentration of bullish bets among fewer traders. Meanwhile, other tokens like Dogecoin also show increased bullish positioning, while XRP and Solana display mixed trends. This pattern points to cautious optimism with selective risk-taking rather than broad market enthusiasm, highlighting the importance of monitoring institutional activity and potential volatility from concentrated exposure.
Standard Chartered initiated coverage of Uniswap (UNI) with a bold forecast that the token could rise from $2.50 to $100 by 2030, a 40-fold increase. This projection is based on the expected growth of decentralized finance (DeFi) and tokenized assets...
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on his support for bitcoin, gold, and other hard assets amid economic uncertainty. He projects gold could reach $35,000 an ounce by 2035, citing recent price rallies as early signs of a l...
Ethereum surged more than 10% recently, showing signs of a short-term rebound after a prior decline. Blockchain data revealed a wallet possibly linked to Arthur Hayes bought 3,000 ETH worth about $5.42 million, signaling renewed interest. Analysts se...
BitMine has increased its Ethereum holdings to over 5.6 million ETH, representing 4.66% of the total supply, with a portfolio valued at about $10.2 billion. Despite an unrealized loss nearing $9 billion due to market volatility, the company continues...
Ethereum gained 2.75% for the second day, reaching $1,720, driven by positive news like a U.S.-Iran peace deal and the Strait of Hormuz reopening. Despite some concerns from rising exchange reserves, large withdrawals and whale purchases indicate str...
