ETH Bulls Target $2.8K But Data Highlights Many Hurdles
After reaching a monthly high of $2,209 on Friday, Ether (ETH) price fell back below a key monthly resistance, which has been tested five times since February. While onchain data highlights a large cluster of investors near $2,800, Ether’s futures market data shows traders are scaling back positions after this week’s rally. Investors’ $2,800 cost…
Bitcoin Bounces Off $74K Resistance As Bulls Pile Into BTC, Altcoins
Key points: Bitcoin turned down from the $74,000 level, indicating that the bears remain sellers on rallies. Several major altcoins are showing strength and are likely to break above their immediate resistance levels. Bitcoin (BTC) turned down from the $74,000 level, indicating that the bears are vigorously defending the level. Glassnode said in its latest…
Ethereum Foundation Outlines Ethos and Responsibilities in New Mandate
The Ethereum Foundation, the non-profit organization that stewards the development of the Ethereum ecosystem, published its mandate on Friday, reaffirming its role and the core pillars of Ethereum. The Ethereum Foundation’s two stated goals are that Ethereum remains decentralized and that users have a “final say” over their onchain assets and data, while the protocol…
Watch These ETH Price Levels Next
Ether (ETH) traded about 30% below its yearly open of $2,990, as traders grow increasingly risk-averse amid a global conflict and macroeconomic uncertainties. Still, stronger network usage and increasing inflows into ETH accumulation addresses could provide a spark that may see the price finally break $2,200 resistance. Key takeaways: ETH held in accumulation wallets has…
Vitalik Buterin Questions AI Strategy of Group He Funded
Ethereum co-founder Vitalik Buterin said Friday that he is no longer closely aligned with the Future of Life Institute, a group that received SHIB tokens from him in 2021. Buterin said the institute originally pitched him a broad roadmap for reducing existential risks, including those tied to artificial intelligence, biology and nuclear threats, along with…
Anchorage Digital Integrates Puffer to Offer Institutional ETH Restaking
Anchorage Digital has integrated with Puffer Finance to give institutional clients access to Ethereum liquid restaking through its custody platform. According to Thursday’s announcement, institutions can stake Ether held with Anchorage and receive Puffer’s liquid restaking token, pufETH, directly into their accounts. The token represents a restaked ETH (ETH) position that can be transferred or…
BlackRock Launches Staked Ethereum ETF Offering Yield
BlackRock’s iShares Staked Ethereum Trust ETF will trade on the Nasdaq, offering spot exposure and staking income with a reduced 0.12% fee on the first $2.5 billion. BlackRock is expanding its crypto investment lineup with a new Nasdaq-listed product tied to Ethereum staking. BlackRock on Thursday introduced its iShares Staked Ethereum Trust ETF, or ETHB,…
Why Ray Dalio Says Bitcoin Can’t Replace Gold
Key takeaways Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to…
Price predictions 3/11: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR
Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Source link
Ethereum’s Adoption Paradox: More Users, Lower Prices
Ethereum is seeing a growing divergence between the level of activity on the network and spot prices, suggesting that transactional activity alone isn’t driving demand for Ether. Ethereum network activity has been reaching record highs, according to CryptoQuant, including active addresses, token transfers, and smart contract calls. Total active addresses spiked to over 1.1 million…
