Ether achieves its highest weekly close in four years, with key support between $4,000 and $4,150 and several resistance levels above.
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.
Ethereum’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $6,000.
Bitcoin and Ether’s pullback suggests selling on rallies, but buyers are likely to step in at key support levels.
BitMine and SharpLink are raising over $25 billion to expand Ether treasuries as US debt hits $37 trillion, fueling bullish crypto market sentiment.
The outflow day for spot Ether ETFs comes just after Ether narrowly missed reclaiming its 2021 all-time high.
Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether’s price go higher, says Santiment.
It was the highest-ever weekly trading volume for Bitcoin and Ether ETFs, largely due to Ether ETFs «stepping up big,» says an ETF analyst.
The Ether unstaking queue has a 15-day wait as investors aim to withdraw a record $3.8 billion in ETH.