Ethereum's price rose by 1.82% following US House Administration Committee Chair Bryan Steil's statement that the CLARITY Act, which would classify ETH as a digital commodity, could pass the Senate next week. This potential regulatory clarity is boosting institutional interest, reflected in the highest weekly inflows to Ethereum ETFs since April. Ethereum is currently testing a key support level at $1,812, with bullish momentum suggesting a possible rise to $1,939 or even $2,244 if the bill passes. Failure to pass the bill could lead to a price drop below support.
After successfully predicting XRP's 700% rally in 2024, top crypto trader DonAlt has begun buying Ethereum at around $1,878, despite it being near a local resistance level. He acknowledges this move breaks traditional technical analysis rules but pre...
Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong g...
Bitcoin fell to around $63,500 following July's Consumer Price Index data that matched analyst expectations, easing immediate concerns about Federal Reserve rate hikes but failing to boost crypto markets. The probability of a September Fed rate hike ...
Bitcoin traded near $63,800 after U.S. July inflation data matched expectations, failing to spark new momentum in crypto markets. Consumer prices rose 0.1% monthly and 3.4% annually, easing fears of a near-term Fed rate hike. Bitcoin ETFs saw $61.1 m...
GSR's Core3 portfolio model raised Solana's allocation to 43.6%, making it the largest holding, while reducing Bitcoin to 16.9% and Ethereum to 39.5%. This shift reflects Solana's stronger short-term momentum, as it gained 2.98% over the week compare...
