Large investors, known as whales, have accumulated 140,000 Ethereum valued at $322 million over the past four days, signaling strong demand and confidence in Ethereum's price stability. This buying activity supports market predictions that Ethereum will stay above $1,900 on May 2, with a 99.9% probability. The whale accumulation suggests positive short-term price prospects, making it important to watch for further large purchases or market changes that could impact Ethereum's price.
Ethereum's price has increased about 12% since July 1, driven by weaker-than-expected US employment data that lowered expectations for Federal Reserve rate hikes. Institutional interest returned, with spot Ethereum ETFs seeing $29.1 million in net in...
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
Ethereum (ETH) has risen about 12.5% in the past week, forming a double-bottom near $1,500 and now testing a key resistance zone around $1,780-$1,800. Breaking above $1,800 could trigger a rally toward $2,160, supported by bullish technical indicator...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
