Three newly created wallets, likely linked, purchased 25,425 ETH for $50.04 million at an average price of $1,968, marking a 163% jump in Ethereum volume. This large accumulation suggests institutional or sophisticated investor interest amid Ethereum's technical recovery, as it approaches key resistance levels like the 100-day EMA around $1,935-$1,970. If Ethereum holds above this level, it may target the 200-day EMA near $2,180, indicating a potential end to its recent downtrend and a shift in market sentiment toward bullish momentum.
Solana (SOL) maintains its price above the mid-$70s support level, driven by growth in real-world asset (RWA) tokenization and steady inflows into Solana-focused ETFs. These factors highlight increasing institutional and on-chain demand, reinforcing ...
U.S. federal debt has reached a record $39.7 trillion, growing by about $7 billion daily, prompting investors to turn to bitcoin and gold as safe-haven assets. This trend, known as the 'debasement trade,' bets on the decline of fiat currency value du...
Ethereum has gained about 30% since late June, reaching nearly $1,980 on July 27, its highest level in 55 days. The price action shows a steady uptrend with higher lows and a key breakout above $1,800, now acting as support. Technical indicators like...
Bitcoin and Ethereum prices increased on July 27 following signs of easing geopolitical tensions between the US and Iran, which improved investor confidence. Bitcoin rose 1.75% to around $65,447, while Ethereum climbed 4.63% to nearly $1,981. The pos...
Bitcoin and Ethereum prices increased notably following a 10% drop in Murban crude oil prices due to easing US-Iran geopolitical tensions. The US halted strikes on Iran, raising hopes for renewed peace talks and a possible ceasefire. Bitcoin rose by ...
