SharpLink resumed buying Ethereum (ETH) after an eight-month pause, acquiring 5,000 ETH worth about $7.85 million as ETH prices dropped to around $1,537, the lowest in 2026. The company now holds 876,285 ETH valued at approximately $1.4 billion, but with an average purchase price near $3,609, it faces an unrealized loss of about $1.71 billion. This purchase precedes SharpLink's expected inclusion in the Russell 2000 and Russell 3000 indexes, which could broaden its shareholder base and improve capital market access. The move may signal a restart of active ETH accumulation amid mixed market conditions and ongoing regulatory developments.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Ethereum faces resistance near $1,900, which might cause a short-term pullback to $1,810 or $1,781. However, a confirmed double-bottom breakout suggests a potential 15% rally to the $2,125–$2,186 range if it holds above $1,817. Breaking below $1,781 ...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
