Bankless·
ETH's supply-in-loss has hit levels not seen since the FTX crash bottom.
Read full articleEthereum has staged an impressive recovery from the $1.5K support region, but the latest rally is now approaching a critical inflection point. The market is testing a major supply zone that could determine whether the rebound extends toward higher resistance levels or transitions into another period of consolidation. Ethereum Price Analysis: The Daily Chart On […]
Bitmine's strategic shift to Ethereum investments heightens exposure to ETH volatility, impacting dividend sustainability and investor returns. The post Bitmine’s perpetual preferred stock debuts on NYSE at $80 per share with 9.5% dividend appeared first on Crypto Briefing.
Some think ETH could plunge to $1,500, while others see the current price levels as great buying opportunities.
Key takeaways BitMine bought 76,881 ETH, raising its holdings to 5.62 million ETH. The company now controls about 4.66% of Ethereum’s circulating supply. ETH is attempting to hold above $1,800 while facing resistance near $1,900. BitMine adds nearly 77,000 ETH to its reserve Ethereum treasury company BitMine Immersion Technologies significantly expanded its Ether holdings last […] The post Ethereum tops $1,800 as BitMine boosts holdings to 5.62 million ETH appeared first on CoinJournal.
Bitcoin may still face a deep capitulation event despite an improving sentiment across the broader market.
The shift in capital from Bitcoin to altcoin ETFs suggests a growing investor interest in diversifying crypto portfolios beyond Bitcoin. The post Bitcoin ETF sees $64.8M in outflows while ETH, SOL, and XRP funds attract fresh capital appeared first on Crypto Briefing.
BitMEX co-founder Arthur Hayes has been indulging in Ethereum accumulation, drawing the attention of institutional investors. According to Lookonchain, a wallet linked to Hayes received 3,000 ETH worth around $5.4 million from market maker Flowdesk. This transaction was seen to have occurred after optimistic geopolitical developments. Also, this move has
