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.
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.
Ethereum’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $6,000.
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.