Ethereum has managed to reclaim the $2,000 level following a market bounce observed on Wednesday, providing temporary relief after weeks of persistent selling pressure. While the recovery remains tentative, holding above this psychological threshold may help stabilize short-term sentiment, particularly if broader crypto market conditions continue to improve. However, the sustainability of this rebound will depend largely on liquidity conditions and follow-through demand. Related Reading: Digital Gold Is Dead: The Institutional Architecture Binding Bitcoin To The Nasdaq In The 2026 Downturn Recent CryptoQuant data adds an important structural dimension to this move. Ethereum’s 30-day Realized Volatility indicator on Binance has surged sharply, now approaching 0.97 — its highest reading since March 2025. This metric measures the magnitude of price fluctuations over time, and such an elevated level indicates that daily price ranges have expanded considerably. Higher realized volatility typically reflects a market undergoing repricing rather than steady trend formation. Wider price swings can attract short-term trading activity but also increase risk, particularly in leveraged environments. Historically, volatility spikes often accompany transitional phases where markets search for equilibrium. Volatility Signals Potential Inflection Point Elevated volatility during price stabilization often suggests that both buyers and sellers are aggressively defending key levels rather than a clear trend already being established. From a structural standpoint, volatility spikes frequently occur when markets exit consolidation phases. Increased price dispersion indicates that capital is reallocating, derivatives positioning is adjusting, and liquidity is being tested across spot and futures venues. If this process continues alongside sustained demand, it can precede a decisive directional move as uncertainty resolves. Related Reading: How Vitalik Buterin’s 11,422 ETH Liquidation Is Testing Ethereum’s Bear Market Absorption – Details However, volatility alone does not guarantee trend continuation. In some instances, prolonged high volatility without a breakout simply reflects indecision, producing extended sideways ranges while participants wait for stronger macro or liquidity signals. At present, Ethereum appears to be near such an inflection zone. Historical patterns suggest that similar volatility regimes have occasionally preceded upward expansions, yet confirmation would require sustained price acceptance above key resistance and evidence of renewed capital inflows rather than purely speculative repositioning. Ethereum Tests Critical Support After Prolonged Downtrend Ethereum remains under pressure despite a recent bounce toward the $2,000 area, with the chart showing a clear medium-term downtrend following the rejection near the $4,800 peak. Successive lower highs since late 2025 confirm a persistent bearish structure, while the price continues trading below the 50-, 100-, and 200-day moving averages. This alignment typically reflects sustained selling dominance rather than a transitional consolidation phase. The recent rebound above $2,000 appears technically modest so far. Volume expanded during the selloff earlier in the year, suggesting strong distribution, while the latest recovery lacks comparable conviction. Unless follow-through demand emerges, this type of bounce often functions as short-term relief rather than a trend reversal. Related Reading: Why XRP’s 0.16 Leverage Floor Ends The Era Of The Flash Crash – And the Hope for a Quick Recovery From a structural perspective, the $1,800–$2,000 zone is becoming a critical support cluster. Repeated tests of this area indicate buyers are defending it, yet each rebound has weakened in amplitude. Persistent pressure near support increases the probability of a breakdown if macro liquidity conditions remain tight. Conversely, reclaiming the descending moving averages — particularly the 100-day and 200-day — would be necessary to shift sentiment. Until then, Ethereum appears locked in a corrective phase where rallies are vulnerable, and downside risks remain structurally present. Featured image from ChatGPT, chart from TradingView.com
A new Chainalysis report suggests ransomware attackers are “working harder for diminishing returns” as regulatory pressure and refusals to pay have hurt ransom proceeds.
Nasdaq-listed TeraWulf said its total revenue reached $168.5 million in 2025, up 20.3% from the prior year.
Ethereum price started a major rally above the $2,020 resistance. ETH is now consolidating gains and might aim for another increase above $2,050. Ethereum started a fresh upward move above the $1,980 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Dips To Support Ethereum price managed to form a base and traded above the $1,950 resistance, like Bitcoin. ETH price rallied above the $2,020 and $2,050 resistance levels. The bulls even pumped the price above $2,120. A high was formed at $2,158 before there was a downside correction. The price dipped below $2,000 and tested the 50% Fib retracement level of the upward move from the $1,792 swing low to the $2,158 high before the bulls appeared. Ethereum price is now trading above $2,020 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,975, the price could attempt another increase. Immediate resistance is seen near the $2,040 level and the trend line. The first key resistance is near the $2,080 level. The next major resistance is near the $2,120 level. A clear move above the $2,120 resistance might send the price toward the $2,155 resistance. An upside break above the $2,155 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,220 resistance zone or even $2,250 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $2,040 resistance, it could start a fresh decline. Initial support on the downside is near the $2,000 level. The first major support sits near the $1,975 zone. A clear move below the $1,975 support might push the price toward the $1,935 support or the 61.8% Fib retracement level of the upward move from the $1,792 swing low to the $2,158 high. Any more losses might send the price toward the $1,900 region. The main support could be $1,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,975 Major Resistance Level – $2,080
The Ethereum co-founder said four areas that need changes include validator signatures, data storage, user accounts and proofs, but the evolution won’t be easy.
It started as an idea. Now it processes more lending volume than most people will ever see in a lifetime. Aave, the decentralized finance protocol that lets users borrow and deposit crypto without going through a traditional bank, has crossed $1 trillion in total cumulative lending — a milestone that has never been reached by any other protocol in the DeFi industry. Related Reading: Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO Thinks So From A 2017 Startup To A Trillion-Dollar Lending Machine Aave was not always called Aave. Its founder, Stani Kulechov, first launched the platform under the name ETHLend in November 2017 before rebranding it in September 2018. What began as a small peer-to-peer lending experiment on the Ethereum blockchain has grown into the dominant force in decentralized lending, with over $27 billion in total user funds currently secured on the platform. Aave crossed $1 trillion all-time loans. A first in DeFi history. pic.twitter.com/9zMKhtGq6R — Aave (@aave) February 25, 2026 Over the past 30 days alone, Aave generated more than $83 million in fees — nearly four times more than its nearest competitor, Morpho. Other well-known lending platforms including JustLend, SparkLend, Maple, and Compound Finance each hold over $1 billion in total value locked, but none come close to matching Aave’s scale. “A decade ago, DeFi and Aave didn’t exist. They were just ideas. Today, Aave stands as the backbone of onchain lending, powering a new financial system that is open, global, and unstoppable,” Kulechov said in a post on X following the announcement. His longer-term ambitions are even bigger. Kulechov has said he wants Aave to become the largest and most efficient liquidity network on the planet — one that banks, builders, and financial technology companies connect to by default. Big Finance Names Are Already At The Table Aave is no longer just for crypto enthusiasts. In August last year, Aave Labs launched a new product called Aave Horizon, a lending market built on Ethereum and designed specifically for traditional financial institutions. Related Reading: Peter Schiff Says Bitcoin Has Never Beaten Gold Since 2021 The idea is to allow established finance firms to borrow stablecoins using real-world assets as collateral. According to reports, VanEck, WisdomTree, and Securitize were among the first major institutions to participate in the offering — a sign that the gap between conventional finance and decentralized protocols is narrowing. Kulechov has also been vocal about what he sees as the next big opportunity for DeFi lending. Reports say he believes that tokenizing what he calls “abundance assets” — things like solar energy infrastructure, battery storage systems, and robotics used in labor — could open an entirely new category of collateral for decentralized lending. He expects those types of assets to be worth a combined $50 trillion by 2050. Featured image from BTCCard, chart from TradingView
Bitcoin price started a decent increase above $68,000. BTC is now consolidating above $66,250 and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $67,200 support. The price is trading above $67,200 and the 100 hourly simple moving average. There is a new bearish trend line forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,500 and $66,250 levels. Bitcoin Price Dips To Support Bitcoin price managed to form a base above the $66,500 zone. BTC started a fresh increase and was able to surpass the $68,000 resistance zone. The price even rallied above the $68,800 resistance. Finally, the bears appeared near $70,000. A high was formed at $70,000, and the price recently corrected some gains. There was a move below the 38.2% Fib retracement level of the upward move from the $62,500 swing low to the $70,000 high. Bitcoin is now trading above $67,000 and the 100 hourly simple moving average. If the price remains stable above $67,000, it could attempt a fresh increase. Immediate resistance is near the $68,000 level. There is also a new bearish trend line forming with resistance at $68,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $68,250 level. A close above the $68,250 resistance might send the price further higher. In the stated case, the price could rise and test the $69,500 resistance. Any more gains might send the price toward the $70,000 level. The next barrier for the bulls could be $70,500 and $71,200. Downside Continuation In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support is near the $67,000 level. The first major support is near the $66,250 level or the 50% Fib retracement level of the upward move from the $62,500 swing low to the $70,000 high. The next support is now near the $65,500 zone. Any more losses might send the price toward the $65,000 support in the near term. The main support now sits at $63,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,000, followed by $66,500. Major Resistance Levels – $68,000 and $68,500.
Santiment highlighted that just seven more wallets are needed to reach 20,000 holding at least 100 Bitcoin each, amid ongoing market uncertainty.
SUI has repeatedly tested key support, but every breakdown attempt has been aggressively absorbed. Instead of accelerating lower, the price has stabilized and begun to compress, a classic sign of underlying demand. With volatility tightening and pressure building, the question now is whether this absorption phase is setting the stage for a powerful upside expansion. SUI Re-Enters the Spotlight at $0.9884 A fresh analysis from Altcoinpedia highlighted that SUI is trading around $0.9884, with accelerating ecosystem metrics bringing the high-performance network back into focus among traders and builders. Its strong transaction throughput remains a core advantage, allowing applications to scale efficiently without congestion while maintaining low latency for users. Related Reading: SUI Drops Below $1 Despite Launch of First U.S. Staking ETFs by Grayscale and Canary Developer activity continues to expand, with new DeFi protocols, gaming projects, and consumer applications launching to leverage SUI’s object-centric architecture. Liquidity across ecosystem-based decentralized exchanges has grown steadily, signaling meaningful participation rather than short-term speculation. At the same time, broader institutional access is creating regulated exposure pathways, while on-chain data shows increasing wallet growth and consistent network utilization, which are clear signs of genuine traction. The conversation around SUI is shifting from early potential to proven execution. Markets tend to reward ecosystems where technical performance aligns with usability, and that alignment is becoming increasingly visible. With price consolidating near zones that historically attract strategic accumulation, the overall structure appears constructive. As liquidity deepens, developer momentum strengthens, and institutional awareness expands, the foundation for a larger move continues to build. The key elements for expansion are in place, and with breakout energy forming, the broader market may soon begin to reflect that progress. Volatility Expansion, But Breakdowns Absorbed SUI’s price against Bitcoin tapped 0.00001351, and the reaction was immediate. According to crypto analyst Umair Crypto, volatility expanded sharply, yet every attempt to close below that level failed. Each breakdown was met with absorption, resulting in roughly 2 days and 8 hours of tight consolidation, with 14 consecutive candles holding right at support. That kind of behavior signals active defense, not randomness. Related Reading: SUI Slides Into Key Fib Support — Is the Downtrend Far From Over? Now, price is beginning to push higher, but confirmation is still required. The next major trigger comes from the BTC pair. Sustained closes above 0.00001372 would break the RSI trendline and signal a potential structural shift in momentum. If that breakout materializes, it could lead to the USDT pair reclaiming the 50 SMA, a recovery of the black box resistance zone, activation of an inverse head and shoulders pattern, and a measured move targeting approximately $0.96. Until the BTC pair decisively breaks structure, the USDT pair remains constrained, trading near range lows and below the 50 SMA. In this setup, the BTC pair dictates direction, and the USDT pair follows. Featured image from YouTube, chart from Tradingview.com
Bitcoin spot trading activity has fallen to its weakest level of the year even as a fresh CryptoQuant signal suggests one important pocket of selling pressure may be starting to fade. Darkfost, a contributor at CryptoQuant, said February is on pace to finish as the month with the lowest Bitcoin spot volumes since the start of 2024. He tied that slowdown to a broader retreat in risk appetite as traders pull back from directional exposure and wait for firmer macro or technical confirmation. “February is on track to close as the month with the lowest Bitcoin spot trading volumes since the beginning of 2024. This comes alongside BTC’s price revisiting levels last seen in 2024 as well,” Darkfost wrote on X. “The current climate of uncertainty surrounding BTC has pushed investors toward a more defensive stance, resulting in a marked reduction in risk-taking.” Bitcoin Liquidity Keeps Thinning Out The scale of the slowdown is visible across the major venues. Darkfost said Binance still leads by a wide margin with nearly $75 billion in February spot volume, ahead of Gate.io at $25 billion and Bybit at $20 billion. Even so, that dominance has not insulated Binance from the broader contraction. Related Reading: Bitcoin Yet To See Meaningful Capital Return, Glassnode Says Since Bitcoin’s last all-time high in October, monthly spot volumes have been roughly cut in half across the largest exchanges, according to the post. Binance fell from $198 billion to $75 billion, Gate.io from $53 billion to $25 billion, and Bybit from $41 billion to $20 billion. Rather than an exchange-specific issue, Darkfost framed the move as a market-wide pullback in participation. He also linked the deterioration in liquidity to the aftermath of the Oct. 10 shock, when open interest dropped by more than 70,000 BTC, or roughly $8 billion, in a sharp reset of leveraged exposure. In his telling, that event did not just hit derivatives positioning. It appears to have accelerated a broader disengagement from crypto trading activity. “This phase of disengagement is directly reflected in the steady decline in spot trading volumes observed across major exchanges,” Darkfost wrote. “This dynamic points to a generalized trend affecting all major exchanges.” That matters because spot flows tend to carry more weight when traders are looking for evidence of durable demand rather than fast-moving leverage. A recovery built on stronger spot participation generally looks sturdier than one driven mainly by derivatives. Coinbase Pressure Shows Signs Of Easing Against that weak backdrop, CryptoQuant CEO Ki Young Ju pointed to a more constructive short-term signal: “Selling pressure on Coinbase is easing.” The chart shows the Coinbase Premium Index moving back into positive territory after spending most of the time in February below zero (with a few exceptions). By the latest reading on the chart, the premium had recovered to roughly 0.006 while Bitcoin traded near $68,300. This suggests the discount on Coinbase relative to offshore venues has narrowed, easing one sign of US-led sell pressure. Related Reading: 2 Bitcoin Price Levels Could Decide What Happens Next, Coinbase Says That does not contradict Darkfost’s broader caution. If anything, the two signals fit together. Spot liquidity remains thin and the market is still operating in a low-conviction environment, but one of the more closely watched measures of immediate selling intensity is no longer deteriorating. Darkfost was explicit about what would need to change for the picture to improve in a more meaningful way. “As it stands, this simultaneous contraction in spot volumes reflects a structurally cautious market phase, where participants prioritize capital preservation over directional exposure while awaiting clearer macroeconomic or technical signals. For a bullish recovery to materialize, or for a durable bottom to form, stronger spot volume support will be essential.” For now, that leaves Bitcoin in a familiar late-cycle holding pattern: sellers may be backing off on Coinbase, but without a broader return of spot demand, the market still lacks the depth that usually underpins a stronger move. At press time, Bitcoin traded at $68,153. Featured image created with DALL.E, chart from TradingView.com
Anthropic CEO’s said the company will not comply with Defense Department demands as the Pentagon weighs whether to label the company a “supply chain risk.”
ICAC officers say AI-generated reports are overwhelming investigators and slowing down cases as Meta disputes the claims.
Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoin’s fifth wave may not be complete, with a prediction that further downside could still be ahead. In a recent post on X, the analyst noted that the current move could either be the start or the final stretch of a fifth wave decline, and there’s still a possibility of the Bitcoin price falling to as low as $52,000. Double Bottom Support At $59,900 And $60,500 Technical analysis done by crypto analyst Tara shows that Bitcoin has built a major support around the $59,900 to $60,500 range. This area is based on prior swing lows and a visible double bottom formation on the 4-hour candlestick price chart. It also coincides with deeper Fibonacci retracement levels projected from above $70,000. Related Reading: Elliot Wave Analyst Predicts Bitcoin Price Will Crash In Final Move, What’s The Target? According to the analyst, Bitcoin could see a strong reaction if the price were to fall to that region. A bounce from this support could drive the Bitcoin price back to $64,400, which would then be tested as resistance instead of support. However, such a rebound may only be temporary. If the macro fifth wave structure continues to play out, the market could still be setting up for one final push lower after that retest. According to Tara’s wave interpretation, this final push lower could extend to as low as $52,000. This level is not yet fixed and will be remeasured as price action develops, but it represents a possible completion zone for the broader fifth wave. It is important to note that Bitcoin actually managed to hold above $60,000 throughout February, so therefore, the outlook to $52,000 is a worst-case scenario. Interestingly, the Relative Strength Index indicator on the 4-hour timeframe is trending lower and approaching oversold territory. Tara advised traders to watch for bullish divergence on the RSI during the next drop. A bullish divergence on the RSI could be the first sign of the end of the corrective structure. Bitcoin Might Register Higher Support At $64,000 Over the past few weeks, the $64,000 region has stood out as a decisive pivot for Bitcoin, repeatedly flipping between support and resistance depending on the direction of price. In a separate update, Tara highlighted that Bitcoin recently backtested the macro 0.5 Fibonacci level at $64,400 as resistance before attempting to push higher. Related Reading: Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000 Reclaiming $64,000 would be an important step toward reversing the current bearish macro trend. At the time of writing, Bitcoin is trading around $68,220, up 4% over the past 24 hours. Even so, there is still a risk of a pullback. A drop back below $64,000 would weaken the short-term recovery and could expose the prior swing low at $60,500. On the flip side, bullish momentum would be confirmed if Bitcoin breaks above $70,000. Featured image from Pngtree, chart from Tradingview.com
The Ethereum Foundation is taking a decisive step to strengthen decentralized finance (DeFi) on ETH and launching a new initiative. This move signals a renewed strategic focus on scaling DeFi adoption, improving protocol security, and fostering sustainable growth across lending, trading, and on-chain financial services. Why Boosting Developer Support And Ecosystem Funding In a key development, the Ethereum Foundation is launching a renewed and more ambitious protocol to strengthen DeFi within the ETH ecosystem. Ethereum Daily has revealed on X that the initiative is being framed as a Defipunk approach, which is centered on building financial infrastructure that is truly permissionless, private, secure, and fully open-source. The goal is to enable anyone, anywhere, to save, borrow, hedge risk, or make payments without relying on big companies like banks or large corporations. Related Reading: Why Ethereum’s Endgame Requires Rebuilding The Base Layer Rather than focusing solely on incremental upgrades to existing applications, like improved stablecoins, the Foundation’s vision reportedly targets deeper structural innovation. The key areas include developing more secure price oracles, enhancing privacy loans to reduce unfair liquidations, and integrating artificial intelligence (AI) to strengthen system security. With a newly formed DeFi team leading the effort, the foundation is inviting developers who share its vision to help build a financial system that will give users full control and expand accessibility, not just speculators. How Inflow And Outflow Trends Reveal Strategic Positioning Even as ETH price action has been brutally down from $4,900 to below $2,000, Ethereum spot ETF flows are quietly signaling a shift behind the surface. The head of research at Lisk, analyst Leon Waidmann, stated that the ETF flow dynamics have shown that after a period of heavy outflow around mid-2025, the intensity of selling pressure has been gradually fading. Related Reading: Ethereum Caught Between Weak Bounce And High-Timeframe Risk – What’s Next? Meanwhile, the massive inflow waves that were seen in late 2024 and early 2025 have subsided, and the peak panic selling that followed has largely dissipated. The recent ETF flow bars are significantly smaller in both directions compared to the prior volatile period, and sellers are running out of steam. Waidmann noted that this shift is significant because, despite one of the sharpest ETH drawdowns in recent memory, the institutional exodus appears to be exhausting. While the weak hand that wanted out has largely exited, this means there’s no bottom. However, there’s still a slight outflow bias in recent weeks, indicating that there’s no confirmed accumulation signal yet. Waidmann emphasized that the intensity of the selling pressure is clearly fading, which is the first step that must happen before any trend reversal. In his view, participants should pay attention to when the selling dries up before sentiment recovers, because that’s usually where the next move will start to build. Featured image from iStock, chart from Tradingview.com
On Thursday, crypto investigator ZachXBT published an exposé in which he accused employees at Axiom decentralized exchange (DEX) of conducting insider trading since early 2025. Insider traders at Axiom had access to sensitive user info According to the ZachXBT report, Axiom staff members utilized their unrestricted access to internal company tools to conduct the fraud. …
Bloomberg reported earlier this month that 10% of Block’s workforce could be cut during annual performance reviews as part of a broader overhaul.
A steep accounting loss tied to bitcoin’s price decline overshadowed gains, but MARA is betting its future on AI-driven revenue.
Block said the restructuring will cost up to $500 million and be largely completed by mid-2026, as investors embraced the move.
Bitcoin bulls are chasing after $70,000 but cautious signals from the futures and derivatives market could explain why success remains elusive.
Jack Dorsey says Block will cut over 40% of its workforce as shares surge 25% post earnings despite strong profit guidance.
The post Jack Dorsey says Block to cut over 40% of workforce as stock surges 25% after earnings appeared first on Crypto Briefing.
Nvidia shares slide 5% a day after beating earnings estimates and guiding higher, as investors question AI spending momentum.
The post Nvidia shares slide 5% as AI spending concerns overshadow earnings beat appeared first on Crypto Briefing.
On-chain analytics firm Santiment has highlighted how Ethereum is still undervalued on the MVRV, while Bitcoin and XRP have turned neutral. Profitability Has Shifted For Bitcoin, XRP, & Ethereum After The Price Jump In a new post on X, Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio has changed for some major digital assets following the market recovery that has occurred over the past day. The MVRV Ratio is a popular on-chain indicator that compares the market cap of an asset against its Realized Cap, a measure of the total amount of capital that investors have put into the network. Related Reading: Cardano Sharks & Whales Quietly Accumulate 819M ADA Amid Price Decline In short, what the MVRV Ratio tells us about is the profit-loss status of addresses on the blockchain as a whole. When the metric is above the 1 mark, it means investors are, on average, in a state of unrealized profit. On the other hand, the indicator being under this threshold suggests the dominance of losses. Here, the MVRV Ratio of the entire network isn’t of relevance, but that of a particular slice of it: the buyers from the past month. Below is the chart shared by Santiment that shows the trend in the cohort’s MVRV Ratio for the five top cryptocurrencies: Bitcoin, Ethereum, XRP, Cardano, and Chainlink. From the graph, it’s visible that the 30-day MVRV Ratio has risen for all five of these assets recently. This is a natural result of the price recovery that has taken place over the past day. Bitcoin has returned above $68,000, and Ethereum is back beyond $2,000. While prices across the market have surged, the MVRV Ratio isn’t reflecting a uniform situation. Bitcoin, XRP, and Chainlink are all inside the neutral zone with the metric sitting at -1.4%, -0.1%, and +3.3%, respectively (note that the 0% mark corresponds to the 1 level here). Meanwhile, Ethereum has seen its 30-day trader returns remain inside a zone that the analytics firm defines as corresponding to a “mildly undervalued” status, despite the fact that the coin’s price has surged 6% in the last 24 hours. Though with an MVRV Ratio of -5.5%, ETH is only just inside the area. On the other end of the spectrum is Cardano, which has observed the indicator fly to a value of +6.8%, entering into the “mildly overvalued” zone. Generally, the larger the investor profits get, the more likely they are to participate in profit-taking. Due to this reason, a high value on the MVRV Ratio can be a sign that a correction could be coming. Similarly, a low value suggests the presence of a high degree of market pain, which could result in a bottom formation. Related Reading: Bitcoin Yet To See Meaningful Capital Return, Glassnode Says “Buy and dollar cost average when a coin is in an ‘Undervalued’ zone,” explained Santiment. “Be cautious when a coin reaches an ‘Overvalued’ zone.” ETH Price Ethereum briefly broke above $2,100 during its surge, but the coin has since witnessed a minor retrace to $2,070. Featured image from Dall-E, chat from TradingView.com
Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company.
The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.
The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.
Circle’s expanding role in infrastructure is starting to contribute incremental, higher-margin revenue beyond reserve income.
Republican and Democrat senators alike pushed back on imprisoned FTX founder Sam Bankman-Fried's support of the Clarity Act crypto bill.
The industry-supported Promoting Innovation in Blockchain Development Act could be a solution by Congress to push back against criminalizing writing code.
Ethereum’s latest long-term planning document has given investors a new way to assess whether the digital asset can eventually reach $10,000 by the end of this decade. The newly published “Strawmap,” introduced by Ethereum Foundation researcher Justin Drake, reads less like a conventional roadmap than a preemptive response plan. It sketches a path for Ethereum […]
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ETH bulls briefly pressed the price above the $2,000 to support, but will a positive funding rate and increase in holder profitability generate sufficient momentum to hold the level?