A state-backed Shanghai company has started producing advanced lithography machines, breaking the Dutch company ASML's monopoly. This development rattled AI and semiconductor stocks and dragged down the S&P 500, reflecting concerns over US-led chip export controls. Cryptocurrencies also felt the impact, with Bitcoin slipping, but Ethereum showed resilience, posting gains and outperforming Bitcoin for a full month. This suggests a potential shift in crypto capital allocation during market stress, with Ethereum benefiting from its role in DeFi. Investors should watch if Ethereum's strength continues amid ongoing macroeconomic uncertainties.
Ethereum (ETH) has successfully broken above the key $2,560 resistance level and maintained it as support, currently trading near $2,664. Technical indicators like the RSI at 67.16 and a bullish MACD confirm strong upward momentum without being overb...
Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...
Ethereum price surged past its $2,550–$2,575 resistance zone on September 20, now using this level as support. The token climbed over 75% from $1,510 to $2,650 in three months, marking its second-best quarterly gain on record. Institutional ETF inflo...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
Bitcoin surged above $81,700 and Ethereum topped $2,600 following the Federal Reserve's unanimous 25 basis point rate hike, the first since 2023, signaling an end to the rate cut/pause cycle. The rally was further fueled by fresh regulatory moves: th...
