Ethereum (ETH) has surpassed the key $1,800 MVRV pricing band, signaling a potential rally towards $2,300 and possibly $3,000, a major resistance zone. The recent formation of an MVRV Momentum golden cross and a bullish MACD support a strong upward trend, with ETH trading around $1,914 and showing increased volume. Key resistance levels to watch are $1,937 and $1,959, while support lies near $1,891 and $1,868. The technical indicators suggest buyers are in control, and the path of least resistance points upward as long as current momentum holds.
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 ...
DeFi's total value locked (TVL) slightly declined to $75.12 billion, down 0.3% from last week and about 34% below the year's peak, reflecting cautious capital deployment despite steady network activity. Ethereum remains dominant with over 55% of TVL ...
The U.S. Senate postponed the vote on the Crypto Clarity Act until September, causing XRP to drop 5.5% over the week, the largest decline among major cryptocurrencies. Bitcoin remained stable around $64,300, supported by inflows into spot bitcoin fun...
Tom Lee of Fundstrat predicts the S&P 500 will reach between 7,900 and 8,000 in August, driven by strong corporate earnings, improving investor sentiment, and ongoing AI investment. He highlights Ethereum, the Magnificent Seven tech stocks, and softw...
