Ethereum is showing signs of forming a tactical bottom above its June lows, with key support at $1690-$1700 and a critical resistance at $1800. If it decisively holds above $1800, the price could target the 200-day moving average near $2100, implying a 25% upside. However, rising exchange sell pressure from whales and recent net outflows from U.S. Spot ETFs amid geopolitical tensions and bond market concerns pose risks that could invalidate this bullish outlook. Investors should watch for sustained momentum above $1800 and monitor macroeconomic and geopolitical developments closely.
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Ethereum has decided to stop using its custom Poseidon hash function after eight years and significant investment, returning to conventional cryptographic standards like SHA and BLAKE2s. This shift is supported by Bitcoin pioneer Adam Back, who favor...
Binance will stop all deposits and withdrawals involving HTX and ten other platforms starting August 23, 2026, due to sanctions related to HTX's founder Justin Sun and ties to Russia. This move has already reduced liquidity in HTX's ETH trading book,...
Ripple recently minted an additional $50 million of its RLUSD stablecoin on the Ethereum blockchain, pushing the total supply close to an internal record and nearly matching the amount on its native XRP Ledger. This shift highlights growing capital f...
