Corporate Ethereum reserves reach $16B as companies stockpile 7.3M ETH

Gamma Fund's strategic ETH sales highlight the potential for increased market volatility and pressure on Ethereum prices as large holders liquidate. The post Gamma Fund linked wallets deposit 10,976 Ethereum worth $23.9M to Binance appeared first on Crypto Briefing.

The last time ETH traded so low against the market leader was in the middle of last year.

Unpacking what ERC-7730 does and how it could save your funds.

The rest of the world is “really closely” watching the US CLARITY Act as the nation moves further away from the previous “hostile stance,” according to Sharplink’s chief.

On-chain data shows the Bitcoin exchange reserves have been at 8-year lows for the past month despite the recovery that the asset has witnessed. Bitcoin Supply On Exchanges Has Been Flat Recently As highlighted by on-chain analytics firm Santiment in an X post, Bitcoin and Ethereum have differed in their trend of the Supply On […]

Bit Digital reported a $146.7 million quarterly loss as lower ether prices weighed on its balance sheet, while the company continued expanding its ethereum treasury and AI infrastructure strategy. The firm now holds more than 155,000 ETH and is increasingly shifting away from bitcoin mining. Bit Digital Expands ETH Treasury to $327M, Staking Income Declines […]

Ethereum is trading above $2.2k as the third week of May gets underway. The asset is on the lower end of its range over the past two weeks after another rejection. The aggressive long positioning that had built up into the $2.4k resistance zone has been unwound, and the price chart indicates that more consolidation […]

Ethereum has seen a Tom Demark (TD) Sequential sell signal on its weekly chart, something that last led to a major drawdown for the asset. Ethereum Has Seen A TD Sequential Sell Signal In a new post on X, analyst Ali Martinez has highlighted a TD Sequential signal that has emerged on the 1-week price of Ethereum. The TD Sequential is an indicator from technical analysis (TA) that’s usually used for spotting trend reversals in an asset’s price. Related Reading: Ethereum Dips To $2,250 As Trader Profit-Taking Hits 3-Week High It involves two phases: the setup and countdown. In the context of the current discussion, the former phase is the one of interest. During the setup, the TD Sequential counts up candles of the same color until the number hits nine. Once the nine candles are in, the indicator signals the exhaustion of the prevailing trend. Below is the chart shared by Martinez that shows the TD Sequential setup that has appeared on the weekly Ethereum price. As is visible in the grap