Ethereum's recovery is gaining support from improving holder profitability and sustained institutional demand as ETH tests a key price zone.
Are Ethereum validators expecting ETH to rise further, or are they way too delusional this time?
Ethereum (ETH) remains in a strong technical position following its sharp August breakout, with the cryptocurrency consolidating near $2,470 while staying comfortably above several important moving averages. ETH is trading around $2,472 after climbing rapidly from approximately $1,900.
Ethereum price held near $2,440 as digital assets extended a strong recovery following seven months of losses from January's highs. The total cryptocurrency market increased 0.5% within 24 hours, reaching approximately $2.65 trillion.
Ethereum (ETH) is eyeing a near-term rally toward $2,800 as its 365-day MVRV ratio approaches the zero line. In the past, this has signaled the start of a bull market.
Ethereum's dominance in RLUSD supply highlights its growing appeal to institutions seeking DeFi integration and regulatory clarity, impacting XRPL's role. RLUSD supply on Ethereum surpasses XRPL, grows 93% in 30 days.
What happened Russia's biggest bank is moving into crypto — fast.
Sberbank's crypto-backed loan plans could boost institutional crypto adoption in Russia, potentially influencing Bitcoin's market dynamics. Sberbank plans USDT, Ethereum loans pending Russian regulatory approval.
Ethereum price prediction after a 30% August rally: ETH sits at $2,453 with RSI cooling. Here are the bullish and bearish ETH price targets.
Ethereum declined to $2,436 on August 29 amid a broader cryptocurrency market downturn that saw values drop 1.71% within 24 hours, bringing the total crypto market capitalization to $2.62 trillion. Bitcoin hovered below $78,000 while XRP traded near $1.38.
A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own playbook against it for a $7.5 million payday.
The streak of Ethereum spot ETF inflows indicated firm demand, but derivatives data showed aggressive selling at the same time.