Tom Lee of BitMine highlights that the ETH/BTC ratio has broken above a long-term downtrend, signaling rising market demand for Ethereum over Bitcoin. This shift is attributed to growing interest in tokenization and agentic AI applications, which benefit Ethereum's ecosystem. Meanwhile, BitMine has slowed its Ethereum purchases but accelerated stock buybacks, holding about 4.8% of Ethereum's total supply. The rising ETH/BTC ratio suggests Ethereum could continue gaining relative to Bitcoin amid evolving crypto market dynamics.
Ethereum rose 1.95% to $1,912, recovering above the key $1,900 level after finding support near $1,870. Technical indicators show bullish momentum with ETH trading above its 20-, 50-, and 100-day moving averages, though resistance remains near $2,000...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
A Bitcoin address that had been inactive since June 2011 suddenly moved 8.54 BTC, now worth about $538,000, marking a gain of approximately 461,981% from its original value. The wallet's activation is notable as it dates back to the early days of Bit...
A whale withdrew 5,300 ETH worth nearly $10 million from Kraken, reducing Ethereum's liquid supply and continuing a trend of accumulation off exchanges. At the same time, Ethereum staking reached a record 41 million ETH, locking up about 34% of circu...
Ethereum price increased by 1.95% to $1,912 on August 17, reclaiming the $1,900 level and showing stronger buying momentum. The price closed above key moving averages, signaling short-term strength, but remains below the critical 200-day average near...
