Ethereum price is consolidating below $2,380, a key resistance level, with expert Ali Martinez predicting a rally to $3,000 if it breaks above this barrier. The bullish outlook is supported by whale investors accumulating over $300 million in ETH recently and increased inflows into U.S. spot ETH ETFs, which saw $355 million in April and $162 million in May. Additionally, Ethereum's futures open interest has risen significantly, indicating growing investor confidence. This momentum comes as the U.S. Senate prepares to pass the Clarity Act, potentially legalizing crypto assets and further boosting market sentiment.
Ethereum options markets remain bullish with a focus on $2,350 call options, even as total open interest slightly decreased to $6.96 billion. Calls represent 61.6% of contracts, indicating optimism for higher prices, while significant put interest ne...
Leading cryptocurrencies like Bitcoin and Ethereum dropped sharply as 'Extreme Fear' sentiment returned to the crypto market, with Bitcoin falling below $76,000 and over $300 million liquidated in 24 hours. Meanwhile, major U.S. stock indexes reached...
An Ethereum whale moved 2,000 ETH after holding it dormant for over 10 years, triggering discussion about whether this signals profit-taking or a potential distribution amid Ethereum's recent underperformance against Bitcoin. Despite ETH's weaker pri...
Ethereum faces selling pressure near $2,100 amid a 12% monthly loss and $470 million ETF outflows over 10 days, signaling bearish sentiment. However, futures open interest recently hit a record, showing speculators expect a strong move. The passing o...
Bitmine Immersion Technologies increased its Ethereum holdings by 111,942 ETH, raising its total to 5.39 million ETH worth $11.5 billion, about 4.47% of Ethereum's circulating supply. Chairman Tom Lee described this as part of an aggressive accumulat...
