Ethereum (ETH) Price: Technical Patterns Suggest Repeat of 2021 Breakout Cycle

TLDR Ethereum’s price pattern mirrors its 2021 breakout setup with dead-cat bounce and final retest An inverse head-and-shoulders pattern on the weekly chart supports a bullish reversal US spot Ethereum ETFs absorbed over 286,000 ETH in a single week Technical signals align with growing institutional demand, unlike the retail-led 2021 cycle Charts and ETF inflows …

$5B Bitcoin Whale Shifts Fortune Into Ethereum, Stakes $3.5B

TLDR: A whale with $5B BTC moved $1.1B into Ethereum, staking all coins through Hyperunit, Arkham data shows. Combined with last week’s purchases, the whale has accumulated and staked $3.5B worth of Ethereum. Analysts see Ethereum breaking above $4,520 resistance, with upside potential toward $4,800 as liquidity grows. CoinGecko data shows Ethereum trading at $4,379.32, …

Ethereum Price Setup Mirrors 2021 Surge, $10K Target Nears

TLDR Ethereum price is showing signs of a potential breakout, similar to its 2021 surge. Spot ETFs have absorbed over 286,000 ETH, reflecting strong institutional demand. Technical patterns suggest Ethereum is forming an inverse head-and-shoulders, a bullish reversal signal. Ethereum’s resistance at $4,943 remains a key hurdle, but further growth is expected. Analysts predict the …

China’s Futian Investment Issues First Ethereum RWA Bond Worth $69M

TLDR: Futian issues the first public blockchain RWA digital bond worth 500 million yuan on Ethereum. The bond carries a two-year term and a face interest rate of 2.62%. The issuance broadens financing channels and leverages Hong Kong’s favorable financial policies. This milestone highlights China’s exploration of blockchain in real-world asset financing. Futian Investment Holding …

Ethereum Price Holds Key Range as Accumulation Persists: $5K in Sight?

TLDR: Ethereum consolidates at $4,385, creating uncertainty for both long and short traders. $4,214 aligns with 4H 200EMA/MA, strengthening support as a retest zone. Data shows ETH accumulation remains stronger than Bitcoin during correction. Breakout above $5K could confirm bullish continuation into price discovery. Ethereum is consolidating after reaching a recent all-time high, with prices …

Ethereum (ETH) Price: BlackRock Money Flood Pushes ETH to Test New Heights Near $4,500

TLDR Ethereum (ETH) is trading around $4,460-$4,475, up over 2% as institutional demand drives price higher BlackRock’s Ethereum ETF attracted $968 million in weekly inflows, with ETFs accumulating nearly 5% of circulating supply Network activity reached multi-year highs with over 1.7 million daily transactions, highest on record Major Bitcoin whale purchased 820,224 ETH worth $3.6 …

Ethereum Foundation Pauses Grants to Refocus on Strategic Goals

TLDR The Ethereum Foundation has temporarily paused open grant applications to realign its Ecosystem Support Program with strategic priorities. The foundation aims to move from a reactive model to a proactive one, supporting long-term goals for the Ethereum ecosystem. In 2024, the Ethereum Foundation awarded $3M to 105 projects that focused on developer tools, research, …

Why is Crypto Down Today?

TLDR Bitcoin dropped to $109,000 after a whale sold 24,000 BTC worth $2.7 billion, triggering $900 million in liquidations A $13.8 billion Bitcoin options expiry today is creating market volatility and uncertainty Ethereum faces selling pressure from a record $5 billion validator exit queue Total crypto market cap fell 1.2% while trading volume dropped over …

Ethereum (ETH) Price: Technical Indicators Show Bearish Momentum Below $4,550

TLDR Ethereum price struggling to maintain momentum above $4,550 ETH showing bearish signs after failing to break $4,630 resistance zone Record 1 million ETH ($4.96 billion) waiting in validator exit queue Exit waiting time extended to nearly 19 days Despite validator exodus, analysts remain optimistic with $7,500 year-end target Ethereum, the second-largest cryptocurrency by market …

Ethereum Could Rally to $10,000, But Short-Term Pullback to $3,200 Looms

TLDR: Ethereum struggles to break $4,900, raising concerns of a double top forming in the charts. Current retracement levels suggest ETH could dip to $3,880, $3,500, or $3,200. Weakness in ETH could signal capital rotation into altcoins, hinting at emerging alt season. Historical patterns point to a potential September correction before any late-year price rally. …

Wall Street Loads Ethereum ETFs as ETH Price Nears $4,600

TLDR: Ethereum ETFs pulled in $307M in a single day, fueling $1.8B inflows over five trading sessions. Ethereum is trading near $4,600, with traders watching for a breakout toward the $4,800 range. If ETH rejects $4,600, support at $4,430 could form a higher low before testing $4,300. Wall Street inflows signal rising institutional demand, with …

Takeways from EEA Webinar with CFTC Chairman Chris Giancarlo

Our recent webinar with former CFTC Chairman Chris Giancarlo and the Wilkie Farr team couldn’t have come at a more pivotal time. The Senate’s recent passing of stablecoin legislation, with a landmark two-thirds majority, brought our panel to unpack the implications of this accelerating shift in Washington’s digital asset policy. As Giancarlo suggested, “I think …

SharpLink Gaming (SBET) Doubles Down on Ethereum Investment Strategy

TLDR SharpLink Gaming purchased $252 million worth of Ethereum last week, bringing total holdings to 797,704 ETH valued at $3.7 billion Company has $200 million cash remaining for future ETH purchases Board approved a $1.5 billion stock buyback program SharpLink has earned 1,799 ETH in staking rewards since launching its treasury strategy in June Stock …

Ethereum (ETH) Price: Trading Near $4,600 as ETF Inflows Resume After Previous Outflows

TLDR Ethereum ETFs added +16.9k ETH after previous week’s -105k outflows Exchange reserves fell 4.41% to $80.7 billion, indicating accumulation 64.44% of Binance traders are long on ETH vs 35.56% short Dense liquidation clusters around $4,700 represent a key resistance level BlackRock purchased 65,901 ETH worth approximately $315.6 million Ethereum’s price trajectory has gained renewed …

BlackRock Expands Crypto Portfolio with $300M Ethereum Purchase

TLDR BlackRock purchased $314.9 million worth of Ethereum through multiple transactions over the past five days. Ethereum spot ETFs saw net inflows of $443.91 million, reflecting renewed institutional interest in digital assets. BlackRock’s move to buy Ethereum highlights growing confidence in Ethereum as a long-term investment. Ethereum’s price surged to over $4,500 following institutional purchases, …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version