Analysis
Ethereum eyes $2k amid BitMine’s $6.3 billion loss
Key takeaways Ethereum (ETH) is down 1.7% on Thursday, approaching the $2,000 psychological level. Ethereum treasury company BitMine Immersion Technologies reported a $6.3 billion…
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Analysis
Ethereum risks falling to $1,970 as Buterin challenges ETH fee-burning narrative
Key takeaways Ethereum (ETH) is up 1.3% on Tuesday as co-founder Vitalik Buterin sparked debate over the cryptocurrency’s long-term value proposition. Bitmine Immersion Technologies…
Analysis
Ethereum reclaims $2,300 as $1.61B ETF outflows weigh on recovery
Key takeaways Ethereum (ETH) has reclaimed $2,300 after falling below its realized price of $2,309 following the $6.3 billion Binance hack. US spot Ethereum…
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Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure
Key takeaways Ethereum recovered above $2,400 after briefly falling toward $2,340 following hotter-than-expected US producer inflation. September PPI rose 6.3% annually, while core PPI…
Analysis
Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations
Key takeaways Ethereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets. Higher Treasury yields, a stronger dollar…
Analysis
Ethereum reclaims $2,431 as buyers absorb rate hike and regulatory setback
Key takeaways Ethereum gained 1.7% and reclaimed the important $2,431 level. US spot Ethereum ETFs lost $365.5 million across Tuesday and Wednesday. A break…
Analysis
Ethereum risks 10% drop against Bitcoin as double-top pattern emerges
Key takeaways ETH traded near 0.03167 BTC as its performance against Bitcoin weakened. A potential double top has formed with two peaks around 0.03344…
Analysis
Ethereum tests the $2,431 support as hot US inflation pressures crypto market
Key takeaways Ethereum fell 0.7% as annual US producer inflation accelerated to 5.4%. Polymarket traders assigned a 62% probability to a rate hike at…
Analysis
Ethereum price outlook turns bullish as ETF inflows support $2,800 target
Key takeaways Ethereum has gained 27% in seven days after breaking above $2,000 and triggering substantial short liquidations. Proposed SEC crypto rules and planned…