Ethereum Live News

Ethereum Eyes Institutional Growth with 100+ Member Alliance

Ethereum is consolidating its ecosystem in response to the increasing institutional interest in blockchain technology. Over 100 participants have come together under Ethereum Institutional to promote broader enterprise adoption, rather than operating in isolation. The group comprises digital treasuries like Bitmine and SharpLink, alongside Ethereum co-founders Joseph Lubin and Mihai Alisie. This coalition demonstrates backing … Read more

Ethereum Live Updates

Ethereum Spot ETFs Extend Inflows While Bitcoin ETFs See Outflows

As Ethereum spot ETFs maintain their recent inflow trend and Bitcoin funds lose steam, institutional posture seems to be changing. This shift indicates that the recent allocations are indicative of a trend that transcends a mere short-term rebound. Over the past three trading sessions, the funds absorbed approximately $96 million before contributing an additional $9.23 … Read more

Ethereum Live Updates

Ethereum Bullish Breakout Signals Potential Altcoin Rally

There has been more talk about Ethereum perhaps going into an upswing phase, especially because market sentiment is still showing signs of improvement. The total crypto market capitalisation has absorbed approximately $57.39 billion in inflows since the low on July 24, and this liquidity has contributed to Ethereum’s recent outperformance. Structural patterns and market correlations … Read more

Ethereum Live News

Ethereum Faces Bearish Pressure Despite Strong On-Chain Activity

Ethereum has been inexpensive since February, as it was trading below its overall cost basis at $2.3k. More holders found themselves at a loss, and the recent rally to $1,920 followed by a subsequent reset lower indicates that sellers continue to maintain the upper hand in the market. Source reported that the realised price bands … Read more

Ethereum Live Updates

Ethereum May Need More Drop to Bottom Out

Since February, Ethereum has been considered ‘cheap’ following a decline in price that fell below its overall cost basis of $2.3K. This indicates that a greater number of holders are experiencing losses, which subsequently diminishes selling pressure and mitigates downside risks. However, crypto analytic cautioned that a durable bottom could still be elusive in the … Read more

Ethereum Live News

ETH Maintains Key Support as $2K Approaches

Ethereum has staged a significant recovery from its June lows. It has regained significant support levels and is currently advancing towards a critical technical threshold. While short-term momentum continues to favour buyers, the broader trend remains hindered by overhead resistance and a persistently negative Coinbase Premium Index, indicating that institutional demand from U.S. investors has … Read more

Ethereum Live News

Ethereum Challenges Bitcoin as ETH/BTC Breaks Key Resistance

Two key divergences indicate that Ethereum’s outperformance against Bitcoin may only be in its early stages. Notably, Lookonchain has identified consecutive whale accumulation, with one whale withdrawing over 74,000 ETH and another more than 10,000 ETH. The crucial aspect to consider? Both whales staked all of the ETH they accumulated, indicating a distinct departure from … Read more

Ethereum Live Updates

Ethereum Holds Above $1,800 as ETF Demand Grows

Ethereum was trading at about $1,865, stabilising after making a significant comeback from its June lows. The asset has maintained an upward trajectory, consistently achieving higher highs and higher lows throughout July, prompting traders to closely monitor its potential to reclaim the significant $2,000 threshold. Supporting that recovery, U.S. spot Ethereum ETFs recorded a second … Read more

Ethereum Live Updates

Ethereum Tests Key Resistance as Bulls Eye Break Above $2,000

Ethereum has experienced a significant rebound from its June lows, successfully regaining a critical resistance area while also engaging with a prominent descending trendline on the longer timeframes. While the recent rally has bolstered short-term sentiment, ETH is nearing a series of technical obstacles that may dictate whether the recovery surpasses $2K or shifts into … Read more

Ethereum Live News

Ethereum Eyes Breakout as Analysts Target $2,500

The second-largest cryptocurrency has experienced a slight rebound in the past week, with many analysts suggesting that a more significant increase may be forthcoming. Certain technical indicators bolster the bullish outlook and may indeed establish the groundwork for a more significant recovery. Following the significant lows observed in June, the bulls managed to recover a … Read more

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