Arthur Hayes sees Ethereum reaching $10,000 by the end of 2026 as dollar liquidity expands. He also expects Bitcoin's next major move to be signaled by EUR/JPY, which he forecasts falling toward 140 or below.
Ethereum sees a surge in August development as Layer-2 upgrades, DeFi growth, privacy tools and institutional adoption expand.
Abraxas Capital's strategy highlights the potential for significant market influence and volatility in Ethereum trading, impacting broader crypto dynamics. Abraxas Capital buys $39M in Ethereum while holding $291M in shorts on Hyperliquid.
Ethereum price recovered above $2,400 on Sept. 3 after falling to $2,370, but weakening short-term momentum and nearby liquidation clusters leave the breakout vulnerable.
Ethereum (ETH) is currently holding at $2.4K. The selling pressure is accelerating to the downside.
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After failing to hold above $2500, the Ethereum price has been facing notable upward pressure that has dragged the price below $2400. The token is underperforming slightly, primarily driven by a macro shock that triggered a cascade of leveraged long liquidations.
ARK researcher Lorenzo Valente compared Ethereum, Solana and Hyperliquid with three restaurant models to assess their value capture.
Bitcoin's dominance in institutional investment grows, highlighting a shift in market confidence and potential challenges for altcoin adoption. Bitcoin spot ETFs see $101M inflows as ETH, SOL, and XRP face outflows.
Ethereum experienced notable selling pressure on September 2, breaking below the $2,400 threshold and settling around $2,372 following an intraday bottom at $2,356. This represents approximately a 5.5% correction from the late-August peak near $2,510.
The Ethereum layer 2 stopped deposits and warned that exit routes differ before its network and explorer shut down.
DeFi's growth amid Ethereum's decline suggests a shift towards sustainable financial applications, potentially reshaping blockchain utility. Ethereum DeFi tokens see new wallet growth as Ethereum itself declines.