Ethereum (ETH) faces a potential 20% price drop in May due to a strong resistance level near $2,340, where key technical indicators converge, limiting upside momentum. Rising US-Iran tensions are pushing oil prices higher, fueling inflation fears and reducing appetite for risk assets like cryptocurrencies. On-chain data shows weakening whale support and declining derivatives demand, suggesting traders may pull back further. If selling pressure continues, ETH could fall toward the $1,730–$1,850 support zone, with a deeper correction possible if that level breaks. Recovery above the resistance cluster would be needed to resume bullish trends toward $2,800–$3,000.
Bitcoin dropped nearly 2% below $77,000 following escalated US military actions against Iran, disrupting a near-peace deal and increasing geopolitical risks. Institutional investors withdrew $105 million from US spot Bitcoin ETFs, marking a sixth con...
Las Vegas-based BitMine Immersion acquired 111,942 ETH last week, increasing its total Ethereum reserves to 5.39 million ETH as part of its goal to own 5% of Ethereum's circulating supply by 2026. The company stakes 4.7 million ETH, generating about ...
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Bitmine Immersion Technologies recently acquired 111,942 ETH, raising its total Ethereum reserves to about 5.4 million ETH. Chairman Tom Lee views the recent ETH price dip below $2,200 as a buying opportunity and remains bullish on a crypto supercycl...
David Hoffman, co-founder of Bankless, sold his Ethereum (ETH) holdings after concluding that the long-standing thesis of 'ETH is money' has largely played out. Despite selling his ETH, Hoffman remains bullish on the Ethereum network and its ecosyste...
