Clear Signing could enhance security and compliance in Ethereum transactions, but its success hinges on widespread adoption by DeFi protocols.
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As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction. In an X post, the mark
Ether has continued to lag behind Bitcoin during the latest crypto market recovery, with analysts at JPMorgan saying weaker network activity and fading confidence across the altcoin market have kept institutional demand tilted toward Bitcoin. According to a report from…
On-chain data shows investor realized profits on the Ethereum network have hit their highest level in three weeks alongside the dip in the ETH price. Ethereum Realized Profit/Loss Shot Up Recently According to data from on-chain analytics firm Santiment, the Ethereum Network Realized Profit/Loss has observed a spike recently. This indicator tells us, as its name suggests, the net amount of profit or loss that ETH investors as a whole are realizing through their transactions. Related Reading: Bitcoin Falls Below $80,000: Coinbase Sellers To Blame? The metric works by going through the transfer history of each token being sold on the blockchain to determine the price at which it was moved prior to this. If the previous transaction value was less than the latest selling price for any coin, then the token’s sale is considered to be leading to the realization of some net profit. Similarly, the opposite arrangement points to loss-taking. The exact degree of profit or loss involved in each ca
Ethereum faces a weekly TD sell signal as an AI compute expert starts DCA buying ETH amid macro and long-term blockchain views. Ethereum has closed a fresh weekly TD Sequential sell signal, adding caution to the market outlook. The signal comes as an AI compute expert begins building an ETH position, creating two different views […]
The post Ethereum Sell Signal Warns Of Potential Slide As AI Compute Expert Builds Position appeared first on Live Bitcoin News.
XRP price started a steady increase above $1.50. The price is now consolidating gains and might aim for more gains above the $1.520 zone. XRP price started a steady increase above the $1.50 zone. The price is now trading above $1.480 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.520. XRP Price Aims for Fresh Increase XRP price started a fresh upward move above $1.450 and $1.4650, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.480 resistance. There was a break above a bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair. The bulls even pumped the price toward the $1.520 zone. A high was formed at $1.5496, and the price started a consolidation phase. There was a minor decline below the 23.6% Fib retracement level of the upward move fr
Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance. Ethereum started a recovery wave from the $2,235 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,260 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,320 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,220 support zone and attempted to recover, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,265 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low. The bulls even pushed the price toward $2,320. The bears remained active and pushed the price below $2,300. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. Besides,
Market maker giant Jane Street is again drawing intense attention in crypto markets, with experts claiming the firm’s “next target” may now be Ethereum (ETH). The speculation comes after reports that Jane Street made several major adjustments to its positions during the week, following months of scrutiny tied to alleged trading manipulation connected to Bitcoin (BTC). From Bitcoin Retreat To Ethereum Expansion Jane Street, one of Wall Street’s most active proprietary trading firms, reportedly reduced multiple Bitcoin-linked holdings in the first quarter (Q1) of the year, while meaningfully increasing its exposure to assets tied to Ethereum. Jane Street’s position in BlackRock’s iShares Bitcoin Trust (IBIT) fell by 71% quarter-over-quarter to about 5.9 million shares, with a reported value near $225 million. Related Reading: Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet The firm also cut its stake in Fidelity’s Wise Origin Bitcoin Fund (FBTC), where ho
