Ethereum's price briefly fell below $2,000 for the first time since March, wiping out all Q2 gains and dropping 19% from its April peak. The decline is driven by weak network activity, low gas fees, and significant outflows from U.S. Spot ETH ETFs, signaling reduced demand and structural challenges as Layer 2 solutions divert transactions from the mainnet. Institutional interest favors Bitcoin over Ethereum, with the ETH/BTC ratio hitting a year low. Without renewed ETF inflows and increased network demand, Ethereum could test support around $1,800. Despite whale buying increasing holdings to a 10-week high, overall capital outflows and weak demand suggest further downside risk in the medium term.
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
