Ethereum's price is currently around $2,280 with a market cap of $275 billion, showing a slight daily gain but a weekly decline. Analysts highlight conflicting signals: a drop in Ethereum's exchange supply ratio suggests a potential price bottom has not yet formed, indicating possible further downside. Meanwhile, negative funding rates on Binance point to crowded short positions, which could lead to a short squeeze and buying pressure if the price continues to recover. The market remains uncertain with risks of both a delayed dip and a short squeeze scenario.
Bitcoin is trading just above the $75,000 support level after failing to break $78,000, staying below the $76,000 mark that would signal a new bull market according to analyst Tom Lee. Ether also faces resistance near $2,150 and is retreating toward ...
Ethereum price remains under pressure near $2,100 after failing to surpass the key $2,500 resistance level. Analysts warn that a break below $1,850 could trigger significant losses, potentially dropping ETH toward $1,450 or lower. Despite technical w...
Charles Hoskinson, founder of Cardano, has praised the XRP ecosystem's decentralized finance (DeFi) potential, suggesting it could grow faster than Ethereum's DeFi by 2027. He highlighted XRP's role as a Web2.5 bridge asset, optimized for payments an...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...
