BitcoinEthereumNews·
The post Ethereum Could Breakout Soon: But in Which Direction? appeared on BitcoinEthereumNews.com. Ethereum’s price behavior is throwing up mixed signals that leave analysts undecided. The $2,300 level appears to be Ethereum’s pivot with significant roadblocks on both sides. Whales and institutions are making contradicting moves regarding Ethereum’s future. There are mixed signals around Ethereum’s price, suggesting the cryptocurrency may be trading at a critical level. TradingView’s data show that ETH has traded within a tight range that pivots at $2,300, with strong areas above and below this mid-point. Technical analysts are basing their ETH predictions on the cryptocurrency’s ability to breakout on either side of the pivot. Analysts Agree on Ethereum’s Pivot Crypto analyst Ted Pillows thinks a confirmed break below $2,250 could pressurise ETH into a bearish narrative and force a move to lower price levels. In his latest post on X, Pillows highlighted Ethereum’s strong regions, re
Read full articleA dormant ethereum genesis address holding 790 ETH since block zero was activated on Wednesday, moving roughly $1.78 million after more than a decade of complete inactivity. Dormant Ethereum Genesis Address Moves 790 ETH Worth $1.78M After 10.8 Years of Inactivity The address, labeled on Etherscan as a “Genesis Address” and identified by the string […]
A crypto analyst has said that XRP’s current low price won’t remain the same forever. Despite also being a blue-chip cryptocurrency like Bitcoin and Ethereum, XRP is currently trading at a level where anyone can buy large amounts of tokens without significantly altering their personal finances. While buying one Bitcoin costs over $80,000 and one […]
Animoca-backed NUVA has launched a marketplace connecting $19 billion of tokenized assets from Figure Technologies to Ethereum’s DeFi markets. NUVA, developed by Animoca Brands and Nuva Labs, is now live on Ethereum, giving retail and institutional users access to real-world…
U.S. semiconductor equities rallied on May 13, with major chipmakers posting strong gains as investors rotated back into high-growth technology exposure following recent macro data surprises. Micron Technology climbed nearly 5%, ON Semiconductor rose close to 5%, and NXP Semiconductors…
The post JPMorgan Files Tokenized Money Market For Stablecoin Issuers appeared on BitcoinEthereumNews.com. JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest. The “OnChain Liquidity-Token Money Market Fund,” ticker JLTXX, will invest in US Treasury bills and overnight repurchase agreements collateralized by US Treasurys or cash, according to a filing Tuesday with the US Securities and Exchange Commission. JLTXX seeks to comply with the GENIUS Act, a stablecoin-focused law signed in July. Investors are subject to a $1 million minimum investment, and the fund carries a 0.16% annual fee after waivers. The fund will be managed by JPMorgan’s blockchain unit, Kinexys Digital Assets. The investment bank said the filing would take effect on Wednesday, though it did not disclose when it would launch the fund. Blockchain-based tokenization has attr
The post Bitcoin and Ethereum ETFs Shed $364 Million as Fidelity and BlackRock Lead Outflows appeared on BitcoinEthereumNews.com. Monday was not a day of accumulation for the largest crypto spot ETFs in the United States. After weeks of mixed flows and uneven institutional demand, May 12 delivered a sharp combined net outflow of $364 million across Bitcoin and Ethereum products. The numbers strip away the narrative of steady institutional buying and raise questions about short-term conviction among traditional finance allocators. According to data from SoSoValue, the original report details that Bitcoin spot ETFs alone bled $233 million. Fidelity’s FBTC absorbed the heaviest hit with $86.13 million in net redemptions. That single-fund outflow is notable because Fidelity has been one of the more resilient issuers since the January 2024 launch, consistently attracting flows even when rivals like Grayscale lost assets. A nearly nine-figure daily exit from FBTC suggests that even the stalw
The post Bitcoin, Ethereum and XRP Price Analysis: What’s Coming Next? appeared on BitcoinEthereumNews.com. The post Bitcoin, Ethereum and XRP Price Analysis: What’s Coming Next? appeared first on Coinpedia Fintech News Bitcoin continues trading within a well-defined parallel channel, repeatedly testing the upper boundary around $82,000 to $86,000 and facing consistent rejection. The technical concern is a bear flag formation developing since the drop from the $126,000 all-time high. Analyst Gareth Soloway, who identified this resistance zone months ago, said the market has reached his target but has not broken through convincingly. The 61.8% Fibonacci retracement of the full decline sits directly at current resistance, which he described as the line in the sand. A sustained move above it opens a test of $86,000 to $87,000. Failure keeps the bear flag intact with downside risk toward prior lows. The probability of a downside resolution remains above 50% but has diminished as the flag p
A new analysis from crypto expert Sykodelic suggests that Ethereum (ETH) could experience a parabolic rally to new highs this year, but only if Bitcoin (BTC) makes a key move. According to the analyst, ETH is already laying the groundwork for this potential surge, with recurring historical patterns backing its bullish structure. Once Ethereum begins […]
