The post Ethereum Tests $1,800 as ETH Breakout Nears appeared on BitcoinEthereumNews.com.
Ethereum tests $1,796 resistance as traders watch $1,816, $1,844 and $2,245 levels for ETH breakout signals. Ethereum is again at the center of market debate as traders assess whether ETH can reclaim key technical levels. The discussion has also pulled wider altcoin sentiment into focus. A recent ETH market thesis has drawn attention by linking Ethereum’s next major move to the broader altcoin market. The view places ETH near a key breakout zone around $1,800. Ethereum is currently testing the 0.8 MVRV Pricing Band near $1,796 as resistance. A daily close above this level could strengthen the short-term recovery setup. Market watchers are also tracking $1,816 and $1,844 as nearby resistance levels. These areas may decide whether ETH can move toward its realized price near $2,245. Ethereum Tests $1,800 Breakout Zone Ethereum’s current technical setup is focused on the $1,796 level. This area matche
The post BitMine Expands $10B Ethereum Treasury With $73M ETH Purchase appeared on BitcoinEthereumNews.com.
Key highlights: BitMine acquired 42,197 ETH, worth about $73 million, last week The purchase comes amid the recent Ethereum price surge While BitMine continues to purchase ETH, Strategy has sold $216 million in BTC BitMine Immersion Technologies, the largest Ethereum treasury company holding more than $10 billion in Ether tokens, has further expanded its holdings. Last week, the firm reportedly purchased a staggering 42,197 ETH, worth about $73 million. With this weekly purchase, the company is moving closer to its goal of acquiring 5% of ETH’s total supply. It is worth mentioning that the latest ETH purchase has occurred amid increasing market optimism. While the Ethereum price has been caught within a negative phase during the past few weeks, the token has now surged into a positive zone. BitMine’s Ethereum purchase has further strengthened this bullish market sentiment. BitMi
The post Ethereum Tests $1,796 Breakout While Bitmine Expands ETH Holdings appeared on BitcoinEthereumNews.com.
Analyst Ali Martinez says a daily close above $1,796 could trigger an ETH rally toward $2,245. Ethereum reclaiming the 0.8 MVRV band has historically preceded stronger price recoveries. Bitmine purchased another 42,197 ETH, raising its holdings to 5.74 million ETH. Ethereum is testing one of its most important technical levels of the current cycle, with analyst Ali Martinez pointing to $1,796 as the price that could decide its next major move. According to Martinez, ETH is challenging the 0.8 MVRV Pricing Band at $1,796, which has acted as resistance. A daily close above this level, followed by a successful retest as support, would strengthen the bullish case and shift focus toward Ethereum’s Realized Price of $2,245. The MVRV Pricing Bands chart shows Ethereum trading just below this resistance. Historically, reclaiming the 0.8 MVRV band has often preceded larger recoveries
The post Bitcoin dominance hits one-month low as altcoin winners start breaking away appeared on BitcoinEthereumNews.com.
Bitcoin’s dominance dropped to a one-month low of 54%, down from 58.12%, according to CoinGecko’s dominance table. Over the same stretch, the “Others” bucket, representing everything outside Bitcoin, Ethereum, and stablecoins, climbed from 19.39% to 24.68% of total crypto market cap. BTC dipped below $58,000 last week, then recovered to find an intraday high of $63,976.16, while the Fear & Greed Index climbed from 12 to 24 this week, though it’s still sitting in Extreme Fear territory. Bitcoin’s dominance had already slid from 63% to 56% over the past year, while stablecoins nearly doubled their market share over the same period, from 7% to 13%. Bitcoin dominance fell from 58.12% to 54.0% as “Others” market share rose from 19.39% to 24.68% The rebound centers on tokens that carry real protocol fees, run buyback or burn programs, sit within Solana’s on-chain trading
The post XRP Corporate Buying Lifts SBI VC Trade Past 2 Million Accounts appeared on BitcoinEthereumNews.com.
XRP News Japanese corporations are increasingly turning to XRP, a leading payments-focused altcoin, as a treasury and shareholder-reward asset, according to figures disclosed by SBI VC Trade. The exchange, owned by financial group SBI Holdings, crossed 2 million registered accounts on July 6, and its latest report attributes part of that growth to companies buying XRP and Bitcoin to fund bonuses and dividends. A historically weak yen has pushed local businesses to diversify reserves, with SBI channelling demand through its premium SBIVC for Prime corporate service. The firm also says it now leads Japan by the number of coins available for staking, adding passive-income appeal for corporate clients. A new distribution channel opened for the XRP ecosystem on July 6, when AI-driven banking and cross-border payments platform Nuvion integrated Ripple USD (RLUSD). The company’s offic
The post Solana Reclaims $81 and Eyes $83 Resistance Breakout appeared on BitcoinEthereumNews.com.
Solana News Solana (SOL) reclaimed the $81 mark this week and is now pressing against the $81.5–$83 resistance band that has repeatedly capped its recovery. The move extended a roughly 11% weekly advance for the largest proof-of-history altcoin, though our reading of the tape shows buyers still struggling to convert that ceiling into a launchpad. Analysts flag heavy correlation with Bitcoin: a slide in BTC toward the low-$50,000s could drag SOL back below $60, a level several strategists view as a cleaner long entry. A confirmed break above $83 opens the door to the $97–$100 zone, the next structural pivot traders are watching. Institutional adoption on Solana accelerated as tokenization firm Securitize issued roughly $295 million of New York Stock Exchange–listed common stock directly on the network, following the company’s SPAC debut. The move places tangible equity value on-chain and u
Reduced exchange supplies of Bitcoin and Ethereum may lead to increased price pressures, reflecting a shift towards long-term holding and institutional interest.
The post Bitcoin, Ethereum exchange supplies hit historic lows since 2017, 2015 appeared first on Crypto Briefing.
The post Crypto’s Q2: 82% of Top Coins Fell as Bitcoin Held Firm appeared on BitcoinEthereumNews.com.
Second quarter of the crypto market tells one story from opposite ends: prices held at the top while everything underneath, market breadth, exchange volumes, on-chain revenue, and new listings, fell to multi-year lows, with June offering the first tentative sign the worst may be passing. Summary 82.1% of top 100 coins fell in June. Spot volume hit $3.0T, weakest since 2024. Bitcoin dominance held near 56% all quarter. New token listings dropped to a two-year low. The Same Story, Measured Two Ways Headline prices in Q2 looked stable enough to suggest calm. The data beneath them showed the opposite: a market where capital concentrated into Bitcoin while participation drained out of everything else. One CryptoRank dataset captures this through prices and breadth; a second captures it through exchange activity. Read together, they reinforce each other, the collapse in trading volume is the
The post BMNR Stock Price Outlook: Can BitMine’s Ethereum Bet Trigger a Rally to $24? appeared on BitcoinEthereumNews.com.
The post BMNR Stock Price Outlook: Can BitMine’s Ethereum Bet Trigger a Rally to $24? appeared first on Coinpedia Fintech News Wall Street’s growing appetite for Ethereum-linked companies is giving BMNR stock a fresh catalyst. BitMine Immersion Technologies Inc. has expanded its Ethereum treasury to 5.74 million ETH, representing nearly 4.8% of the network’s circulating supply and bringing its long-term goal of owning 5% of all Ethereum within reach. The milestone reinforces BitMine’s position among the … Source: https://coinpedia.org/price-analysis/bmnr-stock-price-outlook-can-bitmines-ethereum-bet-trigger-a-rally-to-24/
