Ethereum has stayed just above $1,800 recently, a key support level, but thin trading volumes and weak investor interest suggest the current rally may be short-lived. Positive net inflows into Ethereum ETFs in July indicate some renewed interest, yet overall market sentiment remains cautious due to an unfavorable macroeconomic outlook and expected Federal Reserve rate hikes. If Ethereum fails to hold $1,800, it could fall toward $1,550, while resistance near $2,000 may limit any upside in the near term.
Tether's USDT stablecoin has reached over 550 million users globally, adding 30 million new wallets each quarter, mainly in developing countries. Its market cap surged to $190 billion, briefly surpassing Ethereum, with 50-60% of USDT activity now sup...
Ethereum's price fell 3.6% to around $1,823 after reaching near $1,944 three days ago, despite major whale purchases totaling about 89,396 ETH worth $164.88 million. While US spot Ethereum ETFs saw $68 million inflows this week and exchange reserves ...
Former Binance CEO Changpeng Zhao highlighted Bitcoin's unique inflation protection due to its fixed supply of 21 million coins, contrasting it with AI companies that can dilute shares. He emphasized Bitcoin's role as a hedge against inflation amid r...
Ethereum's price increased by 1.8% to $1,845 following Rep. Bryan Steil's indication that the CLARITY Act could reach a Senate vote soon. The act aims to establish federal rules for Ethereum trading under a digital commodity framework, potentially bo...
Ethereum (ETH) rose about 1.8% amid optimism that the U.S. Senate could soon vote on the CLARITY Act, which may classify Ethereum as a digital commodity. This potential legislation is expected to enhance regulatory clarity and institutional participa...
