Ethereum climbed steadily on Monday. The leading altcoin rose 6% over the past 24 hours and trades above $2,700 at press time. New data now suggest that ETH is seeing a strong wave of accumulation. Quiet Accumulation Ethereum has rocketed by 80% from $1,510 in just three months. According to CryptoQuant, the rally has also […]
Bitcoin briefly dropped to $76,700 after the latest inflation data before recovering toward $78,000. According to QCP Capital, this “contained” reaction is a sign that markets have largely absorbed the prospect of a 25-basis-point rate hike. The firm explained that BTC’s technical setup remains constructive at current levels, although conviction is still dependent on the […]
Ethereum is attempting to convert its post-rally consolidation into a continuation setup. It remains compressed near the upper end of the range, and a sustained breakout could provide the foundation for another bullish leg, although the recent CPI-driven fakeout highlights the need for confirmation. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH […]
Remixpoint made ¥117.8 million ($746,800) from selling its altcoin holdings, and the gain is slated for recognition as business-segment revenue in the second quarter of fiscal 2027. The company said its decision to dispose of all its altcoins and become a Bitcoin-only treasury was based on market conditions, the assets’ risk-return profiles, and its financial […]
Ethereum saw one of its biggest weekly moves in years after staging an impressive 30% rally. The altcoin crossed $2,500 briefly, then slipped back slightly below that level. New data shared by crypto analyst Ali Martinez suggests that ETH could be on a path toward $5,000 if it clears a major resistance zone. Growing Buying […]
Ethereum’s explosive breakout has shifted the broader structure decisively in favor of buyers, but the rally has now encountered a major resistance zone. With ETH pulling back after reaching roughly $2.55K, the market appears to be entering a corrective phase following the highly impulsive advance. ETH Price Analysis: The Daily Chart On the daily timeframe, […]
Bitcoin’s price suddenly dipped to $75,500 after it failed to remain above $77,000 during the weekend. Most altcoins have followed suit, including the largest ones, which performed a lot better on Friday and Saturday. This volatility, untypical for the weekend, came amid reports that one of the most prominent market makers, Wintermute, had gone short […]
Ethereum exchange balances have continued to decline, moving in the opposite direction to Bitcoin over the same three-week period. ETH supply on trading platforms fell from around 7.70 million on June 2 to about 6.54 million on August 18, which puts roughly 1.15 million coins off exchanges, or around 15% over eleven weeks. ETH Moving […]
Ethereum is consolidating around $1.9K after recovering sharply from the June and July lows. The broader structure has considerably improved, but ETH still remains below several important resistance levels, and at the moment, the market is at a key decision point. Ethereum Price Analysis: The Daily Chart The daily chart shows ETH trading around $1.9K, […]
Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility. Hayes says the mechanics point to a wave of dollar liquidity hitting the global markets, and […]