Ethereum is approaching a crucial resistance level at $1,950, which if surpassed, could trigger a significant rally toward the 200-day EMA at $2,150 and beyond. This optimism is fueled by the U.S. Senate scheduling a vote on the Clarity Act after summer recess, a law that would enable more regulated crypto products and increase market liquidity. Despite August's historical bearish trend for Ethereum, strong inflows into Ethereum ETFs suggest investors are positioning for a bullish breakout. A successful break above $1,950 would signal renewed upward momentum for ETH in the coming days.
ETHGas, which tracks Ethereum gas fees, rose over 36% following increased network activity and congestion. The surge was driven by a rebound in Ethereum transactions and a rise in DeFi lending dominance to 67% of onchain borrowing. Layer 2 solutions ...
Ethereum price traded near $1,918 after reclaiming the $1,900 level, supported by $92.15 million in net inflows into US spot Ethereum ETFs and positive short-term momentum. The price remains above key moving averages but below the 200-day average, in...
Institutional investors are increasingly accumulating Ethereum, with ETFs and corporate treasury firms now controlling nearly 11% of the total ETH supply. BitMine Immersion Technologies leads corporate holders with about 5.79 million ETH, while U.S. ...
Financial analysts highlight five cryptocurrencies as core components for a balanced long-term investment portfolio. Bitcoin serves as a stable foundation due to its limited supply and institutional acceptance. Ethereum leads in smart contract and De...
Ether.fi has separated its Ethereum staking token weETH from restaking exposure by creating a new token, weETHs, for higher-risk, higher-yield restaking. This allows users to choose between standard staking rewards with weETH or additional restaking ...
