Ethereum price failed to extend gains above $4,750 and declined. ETH is now consolidating and might struggle to rise above $4,600 in the short term. Ethereum started a downside correction below $4,620 and $4,600. The price is trading below $4,600 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $4,560 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $4,420. Ethereum Price Corrects Gains Ethereum price extended gains…
Tag: Ethereum
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Grayscale Stakes 32,000 Ethereum Worth $150 Million – Institutional Demand Grows
Ethereum (ETH) is trading at critical levels after a sharp rally from $3,800 to $4,700 in just a few days, marking one of its strongest moves in recent months. The swift rebound highlights renewed strength from bulls, who now appear firmly in control of the market’s short-term direction. As ETH approaches key resistance zones, analysts are closely watching whether the second-largest cryptocurrency can sustain its momentum and confirm a breakout above the current range. Related Reading This impressive move is not just driven by market sentiment but also by robust…
Two Grayscale Ethereum Exchange-Traded Funds Become First US Crypto ETFs to Enable Staking
Grayscale Investments says it’s adding staking features to several of its cryptocurrency exchange-traded funds (ETFs), marking the first time US-listed spot crypto exchange-traded products (ETPs) will offer staking rewards. The firm says its Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) will both now allow staking. The company also activated staking for the Grayscale Solana Trust (GSOL). Grayscale said it plans to seek regulatory approval to uplist the Solana fund as an exchange-traded product, which would make it one of the first Solana spot ETPs…
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Ethereum Could Rally to $8,500 if Key Resistance Breaks
Key Notes Analyst Michael van de Poppe noted that ETH is bottoming out against BTC, which signals a rotation into altcoins. Ethereum price rally could trigger 200–500% gains for altcoins as market momentum broadens. Spot Ethereum ETFs recorded $176 million in inflows on October 6, led by BlackRock’s ETHA with $92.17 million. Ethereum ETH $4 743 24h volatility: 3.5% Market cap: $573.14 B Vol. 24h: $41.73 B price has been showing strength recently, shooting past $4,700 and eyeing a rally to fresh all-time highs. Market analysts believe that ETH is…
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Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?
An analyst has pointed out how Ethereum has seen a sell signal on the Tom Demark (TD) Sequential alongside the retest of a key resistance line. Ethereum Is Trading Around Upper Boundary Of Descending Channel In a new post on X, analyst Ali Martinez has talked about how Ethereum is looking from a technical analysis (TA) perspective. First, Martinez has pointed out that ETH has been trading inside a Descending Channel for the last couple of months. The Descending Channel refers to a consolidation pattern that forms whenever an asset’s…
Ethereum 23% Rally Pushes BitMine’s Treasury To $13.4 Billion
As BitMine continues to bet on Ethereum (ETH), the King of Altcoins is eyeing a crucial resistance level that could set the stage for a new breakout, leading some analysts to suggest that a new all-time high (ATH) is around the corner. Related Reading Ethereum Ready For New Highs? On Monday, Ethereum rallied to a multi-week high of $4,718 following the start of the “Uptober” market rally that has sent Bitcoin (BTC) and BNB to new highs. Notably, the King of Altcoins has bounced 23% from the recent September correction,…
Ethereum Fusaka Upgrade Set To Redefine ETH Performance — Here’s What to Expect
Ethereum is entering its next phase of evolution with the Fusaka upgrade. With more than just another technical iteration, Fusaka represents a major step toward solving Ethereum’s long-standing scalability and efficiency challenges. Why Fusaka Matters For Ethereum’s Next Era Of Decentralized Innovation Crypto markets are buzzing with the anticipation of the Ethereum Fusaka Upgrade. According to the CryptosRus post on X, VanEck has mentioned that the upcoming Fusaka upgrade, expected in December, could unlock one of the most transformative moments in the network’s history, making ETH faster, cheaper, and more…