Ethereum is beginning to mirror Bitcoin’s bullish momentum, steadily climbing as market confidence strengthens. After weeks of consolidation, price action is now pressing against a key resistance zone, signaling that a breakout could be near. With momentum building and structure turning increasingly bullish, a move is now coming into focus. Breakout Brewing: Why ETH’s Structure Signals Imminent Upside Michaël van de Poppe, in a recent market update, suggested that ETH is gearing up to follow Bitcoin’s upward path. The analyst, who has outlined his levels in Euros, highlighted a steady and controlled grind higher, with ETH now closing in on a crucial breakout level around €2,070 ($2,430). Related Reading: Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier? Price action has continued to test this resistance zone without a significant rejection. Such repeated attempts typically weaken a resistance level over time, as sell orders get absorbed and buyers gain confidence. With each retest, the likelihood of a breakout increases, pointing to a potential shift into a stronger bullish phase. Beyond the immediate barrier, he identified €2,350 ($2,759) and €2,900 ($3,400) as the next key resistance zones to watch. These levels could act as interim checkpoints, but the overall trend suggests that momentum may not stall easily at the first hurdle. A rejection around €2,350 would likely be considered a weak outcome, especially after nearly three months of consolidation below the current resistance band. Extended consolidation phases often lead to explosive moves, meaning a deeper push toward €2,900 (roughly $3,400) appears more consistent with the buildup seen on the charts. Momentum across the broader altcoin market could further accelerate if Bitcoin continues its climb toward the $84,000–$87,000 range. In that scenario, Ethereum could not only reach its projected euro-denominated targets but also set the stage for an even more aggressive upside phase. Ethereum “Movin’ On Up”: Momentum Builds Across Timeframes Donald Dean shared a bullish outlook on Ethereum, noting that both the daily and weekly charts are aligning for a strong upward move. His analysis highlights improving structure across timeframes, suggesting that ETH may be entering a phase of sustained momentum. Related Reading: Ethereum Signals Major Reversal – $2,900 Target Back In Focus On the daily chart, price is showing a clean move off a key volume shelf, with the next major pivot and target sitting around $2,970. This level could act as a launchpad for further upside if momentum continues to build. Based on Fibonacci projections, the 1.618 golden ratio points toward a significantly higher target near $6,941. From a weekly perspective, ETH is bouncing off strong support, with historical patterns indicating the potential for a 200% move, similar to previous cycles. The 1.618 extension on this timeframe comes in slightly higher at $7,332, placing both daily and weekly projections in close alignment around the $7,000 region, a confluence that strengthens the case for a major upside expansion. Featured image from iStock, chart from Tradingview.com
Iran's gesture may ease regional tensions, but without US commitment, it remains symbolic, highlighting the fragility of diplomatic progress.
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The ongoing US-Israel conflict with Iran hampers diplomatic progress, increasing regional instability and complicating future peace efforts.
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Bitcoin (BTC) approached the $80,000 psychological barrier today but only reached a high of $79,420. What followed was a downward trend, with the price currently at $76,757 (-3.35%). While no major news triggered this drop, sell pressure heightened following massive derivative liquidations in an over-leveraged market. Bitcoin retracement from near $80K Within an hour, crypto …
The approval of the BILS stablecoin issued by Israeli exchange Bits of Gold came after a two-year pilot program on the Solana blockchain.
The UN clash exacerbates US-Iran tensions, diminishing hopes for a nuclear deal and complicating future diplomatic negotiations.
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Geopolitical tensions and supply disruptions could lead to significant crude price volatility, impacting global markets and economic stability.
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Trump's skepticism towards Iran's nuclear intentions may hinder diplomatic progress, impacting market sentiment and geopolitical stability.
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The joint motion halts deadlines and enforcement in xAI’s lawsuit while Colorado lawmakers weigh changes to the state’s AI bias law.
Economic uncertainty may drive volatility in financial markets, impacting investment strategies and potentially altering Bitcoin sentiment.
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Trump's skepticism could hinder diplomatic progress with Iran, affecting geopolitical stability and impacting global oil markets.
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Geopolitical tensions may lead to prolonged economic uncertainty, affecting global markets and influencing central banks' cautious policies.
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Trump's skepticism on Iran's proposal maintains geopolitical tension, impacting oil markets and highlighting the strategic importance of Hormuz.
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The release of GPT-5.5 solidifies OpenAI's incremental update strategy, shifting focus to potential GPT-6 developments and market impacts.
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The escalation risks undermining diplomatic efforts, potentially destabilizing the region and affecting prediction market dynamics.
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Rising maritime tensions could disrupt global oil markets, heightening geopolitical risks and impacting international trade routes.
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The shift from renewable to fossil fuel investments may bolster oil prices, impacting energy markets and climate policy trajectories.
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Lawmakers look to push election reform that would block crypto campaign donations, even as Canada expands oversight of stablecoins and digital asset markets.
Rising fuel costs due to geopolitical tensions could strain budget airlines, potentially leading to higher fares and reduced service options.
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Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000.
Trump's criticism of Kimmel underscores the persistent divisiveness in political discourse, with markets predicting continued public insults.
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The response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach.
The SEC's regulatory clarity could boost institutional investment in Bitcoin, reducing market uncertainty and potentially driving prices higher.
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Institutional Bitcoin ETF inflows could stabilize prices amid geopolitical uncertainty, but low market liquidity may limit immediate impact.
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The UN accusation against Iran heightens geopolitical tensions, potentially destabilizing global markets and hindering diplomatic resolutions.
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The new alliance could reshape Israeli politics, but its success hinges on strategic maneuvers within a tight timeframe.
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The mechanics behind XRP’s supply have always been public. A breakdown on X from crypto commentator Crypto Tony looks at the process of XRP unlocks in particular, with the theory that the payments technology company is, in fact, diluting every holder of XRP. The Escrow Machine and How It Works In a detailed post on X, a crypto commentator known as Crypto Tony laid out an interesting theory as to why Ripple keeps unlocking and selling millions of XRP every month to his hundreds of thousands of followers. Related Reading: 4-Figure XRP: How High Will The Price Be If Ripple Captures 50% Of SWIFT? To understand the controversy, it starts with how XRP was created and distributed. When XRP launched in 2012, all 100 billion tokens were minted at once. Ripple’s founders took 20 billion for themselves and handed the remaining 80 billion to the company. For the first five years, nothing legally prevented Ripple from selling as much of that supply as it wanted. In late 2017, the company placed 55 billion XRP into escrow accounts on the XRP Ledger. These escrows release up to 1 billion XRP every month, automatically, on a fixed schedule. This was probably meant to address concerns that Ripple could flood the market at any time. Based on that framework, Ripple releases one billion XRP each month but relocks between 60% and 80% of the tokens, and they keep the rest, which is roughly 200 to 300 million XRP. According to Crypto Tony, the remainder is kept by Ripple and used to fund the entire company. Ripple Is Diluting XRP Holders A major part of the analyst’s discussion is how Ripple has been diluting the value of traders holding XRP, citing major examples as to how this is happening. Related Reading: Is XRP The Solution To Everything? Ripple President Drops Bombshell That Changes Everything That funding model has been acknowledged publicly. Ripple CEO Brad Garlinghouse has previously indicated in interviews that XRP sales play a role in sustaining the company. The more uncomfortable chapter noted by Crypto Tony concerns how Ripple has, at various points, used its commercial partnerships to move XRP into the market through a secondary layer of sellers. An example is when Ripple paid MoneyGram more than $61 million in market development fees to use XRP. MoneyGram subsequently told reporters it sold XRP as soon as it received it, holding no inventory of the token. The SEC addressed this arrangement in its complaint against Ripple, writing that MoneyGram had become a conduit for Ripple’s unregistered XRP sales. According to Crypto Tony, every holder of XRP is being slowly diluted by the company itself, by design, on a monthly schedule that’s written into the blockchain. This is a major reason as to why XRP is now down six consecutive months. Crypto Tony also mentioned Jed McCaleb, co-founder of Ripple, as another conduit through which the holdings of XRP holders were diluted. McCaleb left the company with 9 billion XRP and spent 8 years dumping about $3.2 billion worth of his holdings. At the time of writing, Ripple still has about 33.355 billion XRP in its escrow wallets, according to data from XRPScan. Featured image from Pxfuel, chart from Tradingview.com
Musk's rising net worth from Tesla's compensation plan diminishes Ellison's prospects of leading the billionaires index, impacting market dynamics.
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Market skepticism highlights the volatility and unpredictability of geopolitical tensions on oil prices, impacting global economic stability.
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Executive Director of the President’s Council of Advisors for Digital Assets Patrick Witt said bitcoin reserve legislation is progressing.