Ethereum remains near $1,900, yet underlying strength is emerging thru technical breakouts, institutional interest, and substantial treasury purchases. Ethereum has been trading around the $1,900 mark following an increase of nearly 9% over the last month; however, it remains significantly below its former all-time high. Recent data indicates that the cryptocurrency is establishing a robust … Read more
Ethereum’s derivatives markets are becoming increasingly leveraged as traders are increasingly relying on borrowed exposure rather than utilising spot capital. The Estimated Leverage Ratio at Binance has attained a historic peak of 0.65, a significant increase from the 0.20–0.30 range observed during the bear market of 2022. The increase reflects a steadily expanding Open Interest, … Read more
Following two successive months of significant losses amounting to billions of dollars, the spot Bitcoin ETFs experienced a turnaround in July; however, the inflows remained relatively modest. Meanwhile, the exchange-traded funds that monitor the performance of the largest altcoin experienced a more favourable month, drawing in over twice the amount of new capital. March and … Read more
Ethereum’s price exhibited stability relative to the previous week, as sellers effectively halted the rally at the $2,000 resistance level, leading to a subsequent pullback. At the time of this post, ETH was found around $1,890, and it may retest the support at $1,800 next. Despite the recent gains from $1,500, this cryptocurrency remains in … Read more
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’s 11th anniversary has arrived, attracting considerable attention and participation from various stakeholders. Many individuals are opting to acquire ETH, and an increasing amount of ETH is being secured in staking as well. Is this merely a transient phenomenon, or does it signify the commencement of a substantial upward trajectory for the token? So far … Read more
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
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 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
Trader indicates that Ethereum has recently entered the price range historically associated with the bottom of its bear market. He cites the occurrence of four consecutive lower highs as evidence that the downtrend may have reached its conclusion. The trader, who is purchasing during the dip with a long-term target of $7,000, contends that the … Read more
