On July 1, Binance recorded over 166,000 Ethereum (ETH) withdrawal transactions, the highest single-day total in more than three years, with over 3 million ETH withdrawn since early May. This trend suggests investors are moving ETH to self-custody wallets, likely to hold rather than sell, amid a 10% price rebound from $1,500 and regulatory changes like the EU's MiCA framework. Reduced ETH supply on exchanges could lead to thinner sell walls and potentially amplify price movements if buying pressure increases. Investors should watch if withdrawals continue and whether the $1,500 price level holds as support.
An analyst suggests Hedera's HBAR token could rise to $6.76, about 89 times its current price, by achieving Ethereum's market capitalization. This projection is based on Hedera's strong institutional ties, including connections with major asset manag...
Robinhood Chain's applications generated $2.66 million in revenue within 24 hours on August 30, outperforming established platforms like Ethereum ($1.27 million) and Hyperliquid L1 ($1.7 million). This significant revenue, largely driven by Gmgn, Pon...
Over the weekend, the cryptocurrency market remained calm with minimal price changes in major assets like Bitcoin and Ethereum. Bitcoin held steady near $78,000, while Ethereum saw a slight decline. Monero stood out with a notable 9.9% gain, suggesti...
Bitcoin traded near $77,900 on Aug. 31, showing resilience despite renewed US-Iran conflict that pushed oil prices above $90 and pressured global stocks. BTC gained about 23% in August, outperforming gold and Nasdaq. The Federal Reserve's hawkish sta...
Ethereum has rallied 34% over the past month, outperforming major cryptocurrencies and trading around $2,440–$2,465. Analyst Tom Lee projects Ethereum could reach $6,000 if Bitcoin climbs to $150,000 by the end of 2026, driven by a rising ETH/BTC rat...
