Ethereum remains trapped in a descending channel after failing to break above key resistance near $2,100, a crucial support zone for bulls. The price action shows weakening momentum but buyers are defending higher lows since February, suggesting potential for a rebound. A successful bounce from current levels could push Ethereum toward $2,600 and possibly $2,800, while failure to hold $2,100 risks invalidating the bullish outlook. Additionally, Ethereum's performance against Bitcoin is critical, as the ETH/BTC pair tests long-term support, with a breakout potentially triggering a broader altcoin rally.
A large $82 million Ethereum short position with 25x leverage is close to liquidation at $2,242, while ETH price remains near $2,180. This tight leverage setup makes the market highly sensitive to small price moves, increasing the risk of forced liqu...
Harvard Endowment significantly reduced its exposure to BlackRock's spot Ethereum ETF, exiting an $86.8 million position initiated just a quarter earlier. This move, combined with slowing growth in Ethereum's on-chain fundamentals and increased short...
Jump Crypto's Firedancer validator client has begun producing blocks on Solana's mainnet, marking a key step toward improving the blockchain's resilience by diversifying its software implementations. This move aims to reduce the network's reliance on...
World Liberty Financial, linked to Donald Trump, sold 4,870 ETH for about $10.61 million in USDC, reflecting ongoing treasury management amid legal and market challenges. The sale occurred as Ethereum prices hovered near $2,185, pressured by ETF outf...
This week in cryptocurrency, Bitcoin is forecasted to have a bearish summer due to resistance levels and weakening momentum, despite earlier bullish predictions. Meanwhile, investor interest in Bitcoin-linked strategies could create a self-reinforcin...
