Ethereum spot market buying has accelerated to 7.2 times the normal pace ahead of the US Consumer Price Index (CPI) report due on August 12. This surge indicates that institutional or semi-institutional investors see current ETH prices as attractive for accumulation. However, these same investors are holding net short positions in Ethereum and Bitcoin derivatives to hedge against potential downside risks if inflation data disappoints. The CPI report is crucial because it influences Federal Reserve interest rate decisions, which in turn affect the appeal of risk assets like cryptocurrencies. This mixed positioning suggests traders are cautiously optimistic but prepared for volatility depending on the inflation outcome.
Ethereum's price fell 2.6% to around $2,446 as investors awaited the Federal Reserve's interest rate decision, with an 80% chance of a 25-basis-point hike. Despite the price drop, about 140,000 ETH ($350 million) was withdrawn from exchanges in 96 ho...
Leading cryptocurrencies such as Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling nearly 4% and Ethereum over 5%. Other major coins like XRP and Solana also saw notable drops, indicating a broad market sell-off. This ...
Grayscale launched four crypto model portfolios for financial advisors, each with a distinct focus. The Digital Assets Next Gen portfolio notably excludes Bitcoin but allocates 26.11% to Ripple's XRP, alongside Ethereum and Solana, making up about 90...
Ethereum's price ratio against Bitcoin rose over 19% in Q3, marking its first significant outperformance since 2025. However, Bitcoin historically dominates Q4 with average gains above 77%, while Ethereum averages only 18%. Bitcoin's resilience in bo...
Ethereum's price dropped 2.7% to $2,446 on September 15, briefly falling below the key support level of $2,434 before buyers pushed it back up. This decline reflects broader caution in the crypto market ahead of a crucial US Senate vote on the CLARIT...
