Ethereum is defending a critical support range between $1,720 and $1,780, which is vital for maintaining bullish momentum. A strong breakout above $1,875 could push ETH toward $2,200, but losing support may lead to further declines. A major whale has accumulated about $170 million in ETH recently, staking a large portion, signaling confidence in the asset's long-term outlook. However, rising sell pressure and $14.59 million in ETF outflows on August 10th reflect caution ahead of the U.S. Consumer Price Index report, which could significantly influence Ethereum's near-term price direction.
Cryptocurrency markets display varied price changes, with Bitcoin trading around $62,782, slightly down by 0.5%. Ethereum and Binance Coin also show minor declines. Meanwhile, tokens like OKB and SHIB experience notable gains of 5.4% and 4.1%, respec...
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Ethereum has decided to stop using its custom Poseidon hash function after eight years and significant investment, returning to conventional cryptographic standards like SHA and BLAKE2s. This shift is supported by Bitcoin pioneer Adam Back, who favor...
Binance will stop all deposits and withdrawals involving HTX and ten other platforms starting August 23, 2026, due to sanctions related to HTX's founder Justin Sun and ties to Russia. This move has already reduced liquidity in HTX's ETH trading book,...
