Ethereum's largest holder, Bitmine, has increased its ETH holdings by 126,971, reaching a total of 5.54 million ETH, about 4.59% of the circulating supply, with most of it staked for the long term. Meanwhile, the supply of ETH on major exchanges like Binance, OKX, Gemini, and Bitfinex dropped by roughly 475,000 ETH, reducing available coins for trading. This combination of rising demand from large holders and falling exchange supply could lead to increased price volatility and potential rallies. However, Ethereum's price is currently under pressure, trading around $1,682, with technical indicators showing selling pressure and liquidation risks, suggesting cautious optimism for a possible short-term bounce or trend reversal.
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...
