Ethereum whales recently withdrew 40,000 ETH worth about $76.6 million from Binance, indicating strong investor confidence and a preference to hold or use ETH in decentralized finance rather than sell. This large withdrawal, combined with Ethereum trading above key moving averages and showing positive momentum, suggests a potential price rise above the $2,000 resistance level. The next technical hurdle is the 100-day exponential moving average, and if surpassed, ETH could aim for the 200-day EMA around $2,175, signaling a longer-term uptrend. Momentum indicators like RSI support continued bullish sentiment without overbought conditions.
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Ethereum (ETH) price fell nearly 4% to around $1,877, testing a critical support level at $1,745 that traders view as a line between a mild pullback and a deeper decline. A significant $36 million sell wall between $1,975 and $2,000 is limiting upwar...
Hong Kong has authorized retail trading of XRP through OSL HK, the city's first licensed exchange to offer XRP to everyday investors. This move strengthens Hong Kong's position as a leading regulated crypto hub in Asia and highlights the region's gro...
Morgan Stanley has launched its MSSE exchange-traded fund (ETF), expanding its crypto product lineup to include Ethereum and Solana alongside Bitcoin. On the same day, spot Ethereum ETFs recorded $14.53 million in net inflows, indicating strong insti...
Data from CoinGlass shows a decline in the share of accounts holding long positions in Dogecoin (DOGE) and Ethereum (ETH) futures, especially in USDT-margined contracts, despite stable overall long exposure. This suggests a narrowing of retail trader...
