
Ethereum Price Beats 14-Day Resistance Despite 1,000 ETH Insider Sell-Off
Ethereum price breaks $4,600 resistance despite 1,000 ETH insider sell-off, as institutional inflows and bullish derivatives activity sustain weekend rally.
Ethereum price breaks $4,600 resistance despite 1,000 ETH insider sell-off, as institutional inflows and bullish derivatives activity sustain weekend rally.
Ethereum price has dropped over 10% in the past week, slipping below $4,000, but analysts note RSI levels are oversold, hinting at a bottom formation.
The Ethereum price rebounded above $4,000 after experiencing heavy selling pressure, supported by increased staking deposits and renewed institutional interest through ETF inflows.
Ethereum ETFs faced another wave of outflows this week, but large investors are seizing the dip ahead of a potential rally.
BitMine chairman Tom Lee projects an Ethereum price to $12,000-$15,000 by the end of 2025, citing Wall Street and White House adoption.
A successful trader with 81% win rate opened a massive $100 million leveraged Ethereum position, but the trade is currently losing $2 million as ETH drops below entry.
The Ethereum Foundation established a dedicated AI team called dAI Team to position Ethereum as the preferred settlement layer for AI agents and machine economy, focusing on decentralized infrastructure.
Ethereum maintained stability near $4,495 despite a 3% intraday decline, supported by MetaMask’s new native stablecoin launch and Bitmine’s increased ETH holdings worth $9.74 billion.
The alleged Coinbase hacker from May’s $180-400M breach recently lost nearly $1M trading Ethereum, buying at $4,756 and selling at $4,522 per token within two days.
PancakeSwap has expanded its prediction market on BNB Chain, now allowing users to bet on Bitcoin and Ethereum price movements in fast-paced 5-minute rounds.
Coinbase hacker has acquired more Ethereum, as the price of coin climbs above $4,700 amid broader institutional investor embrace.
Vitalik Buterin has raised concerns about the dangers of over-relying on AI for governance, citing recent security flaws as proof of its fragility.
SharpLink Gaming launched its $1.5 billion buyback program by repurchasing nearly one million shares, citing undervaluation below its $3.6 billion Ethereum treasury holdings despite positive market response.
BitMine Immersion Technologies reports over $9 billion in cryptocurrency and cash holdings, becoming the top global ETH treasury holder. Meanwhile, Eightco Holdings skyrocketed over 1,000% after raising $250 million for its Worldcoin treasury strategy.
Bitcoin Cash (BCH) outperformed major cryptocurrencies this week, posting double-digit gains as Bitcoin’s price consolidation and active profit-taking among Ethereum and Chainlink investors triggered mixed market reactions.
Ethereum News Today
Ethereum is a public blockchain network that gave rise to the most popular altcoin; ether (ETH). The Ethereum platform was developed by Russian programmer Vitalik Buterin in July 2015 and it features smart contracts as well as an open-source nature that avails its users the choice of designing their programs without the interference of third parties or middlemen.
Ethereum’s Ether (ETH) was built on the ERC-20 protocol and it is ranked the 2nd digital currency based on market capitalization which currently stands at over 18.8 trillion USD. The coin serves as the network fees to miners on the Ethereum platform.
On its launch in 2015, there were 72 million ETH tokens pre-mined after its ICO raised over 16 million dollars in 2014. On 13th January 2018, ETH reached an all-time high of over 1,432 USD. Few months after its launch in 2015, ETH’s price dropped to its all-time low of 0.4209 USD on 21 October 2015.
Eth News
Interestingly, users can also create their custom tokens on the Ethereum blockchain network. This unique feature as seen the platform often referred to as the leading decentralized Apps (dApps) and smart contracts platform. Decentralized Apps are run and implemented precisely as programmed after it is set out on the Ethereum network; this makes it hard to censor and reduces their vulnerability to attacks. Ethereum emphases on running software design codes of dApps.
When it comes to decentralized finance in the dApps industry, Ethereum boasts of leading all other blockchain platforms in the number of applications developed. Ethereum has made significant attempts to solve the scalability issues in the crypto space in recent years and appears to be making progress in that regard.
Stay up to date with the latest ethereum news and information on Coinspeaker as we bring you breaking news on ethereum price, market capitalization, wallets, dApps, smart contacts, and its blockchain.