After hitting above $3,800, the Ethereum price seems well on track for the next phase of the cycle. The ongoing trend has been closely mirroring what was seen back in 2016-2017 before the surge that sent the altcoin’s price to new all-time highs. This remains a major deal given that if the trend does play out similarly to what was seen in the 2017 cycle, then it means that the Ethereum price rally is only just beginning. Ethereum Price Mirrors Bullish 2017 Back in 2017, before the bull market, the Ethereum price had struggled to stay on track with the Bitcoin price. This resulted in a lag as the price kept taking a beating with each uptrend. In the end, the Ethereum price ended up ranging for a while, with two fakeouts before the price was able to eventually breakout. Related Reading: Analyst Predicts Explosive 126% Shiba Inu Rally After SHIB Surpasses Litecoin Market Cap Similarly, the Ethereum price has ranged for the last year, with multiple fakeouts that have already kept the price low. Just like 2017, again, a crash sent the altcoin’s price down by almost 50% to create what seemed to be the perfect bear trap, as illustrated in this chart by crypto analyst Merlijn The Trader on X (formerly Twitter). The analyst points out these similarities in the Ethereum chart, showing that the same range, fakeout, and breakout have now played out for the cryptocurrency just like they did in 2016-2017. Given this, it is likely that the next phase in the trend will also follow the 2017 playbook. After the bear trap and eventual breakout in 2017, the Ethereum price had rallied by 5,000%, going from under $8 to over $250 in less than one year. Applying a similar breakout structure to Ethereum in 2025 would mean rising as high as $40,000. However, adjusting for how high the market cap currently is, a conservative target would mean that the Ethereum price is at least able to cross the $10,000 level, which would be only a 200% increase from its current level. Applying the same timeframe as in 2017 would mean that it could play out in the next six months. Related Reading: Analyst Drops ‘Realistic’ Price Predictions For Bitcoin, Ethereum, LINK, BNB, And Aptos Additionally, Ethereum now has something that it didn’t have back in 2017, and that is institutional backing. Presently, Ethereum is quickly becoming a favorite among institutional investors as ETH treasury companies have poured over $7 billion into the altcoin, according to data from The Block. In July 2025 alone, over $2 billion has flowed into Spot Ethereum ETFs, showing a ramp-up in institutionalized interest. Due to this rise in institutional investments, Merlijn The Trader has explained that institutions are now the ones behind the wheel with the same setup from 2017. This suggests higher liquidity as these major players are expected to drive and determine the ETH price this cycle. Featured image from Pixabay, chart from TradingView.com
The move would 'unlock a new wave of use cases powered by onchain protocols and infrastructure,' the crypto exchange said.
Ripple’s Chris Larsen shifted 50 million XRP to exchanges just as prices peaked, sparking accusations of “dumping” tokens.
A wallet linked to Ripple co-founder Chris Larsen has transferred 50 million XRP, worth around $175 million, since July 17, with $140 million sent to exchanges. This activity coincided with XRP’s price hitting a record $3.6 on July 18. The wallet group was dormant for years and previously moved large amounts in January 2025. These …
The cryptocurrency market is experiencing a shift in trend. In the wake of sharp capital flows and rapid changes in investor sentiment, Bitcoin is once again asserting its supremacy. The total crypto market cap has dipped to $3.82 trillion, a decline of 2.75%, even as 24-hour trading volumes soared to $222 billion. Meanwhile, Bitcoin’s dominance …
Crypto mining company Bitzero, backed by investor Kevin O’Leary, has raised $25 million to scale its mining operations. The funds will be used to purchase 2,900 advanced Bitmain S21 Pro miners, boosting the company’s mining capacity and efficiency. This expansion underscores strong investor confidence and aims to generate an estimated $10 million in additional annual …
The crypto market’s Fear & Greed Index has climbed to 71, getting close to the ‘extreme greed’ zone. When sentiment gets this high, it usually means investors are very optimistic, which can sometimes lead to short-term price drops as the market overheats. Experts suggest staying cautious and keeping an eye on market trends, as strong …
Australia’s Federal Court ruled Finder’s Earn product is not a financial instrument, defeating ASIC’s appeal in a major win for the country’s fintech sector.
The country's central bank is finalizing a regulatory approval to submit to parliament by September.
Ghana plans to officially license and regulate cryptocurrency platforms as part of new digital finance reforms. The Bank of Ghana will require crypto exchanges and wallet providers to register and comply with licensing, AML, and KYC rules. Draft legislation is expected by September 2025. This move aims to protect consumers, prevent illicit activity, and boost …
Solana developers have increased the network’s block limit from 50 million to 60 million compute units (CUs), marking a move to support higher transaction volumes and improve overall performance. Helius Labs CEO Mert Mumtaz announced the update on July 23, representing a 20% expansion in block capacity. According to Mumtaz, compute units on Solana function […]
The post Solana network boosts block capacity by 20% to enhance performance appeared first on CryptoSlate.
Just days before making its debut on Wall Street, Justin Sun’s TRON (TRX) has overtaken Cardano (ADA) to become the ninth-largest cryptocurrency by market cap. The timing is no coincidence. TRON Inc. is set to go public on Nasdaq on July 24, 2025, marking a major milestone for the blockchain’s journey into mainstream finance. TRX …
Anchorage will issue Ethena’s USDtb onshore, providing the first GENIUS‑compliant stablecoin and bringing the asset under U.S. federal oversight.
Dogecoin (DOGE) has retraced alongside the rest of the market to retest a crucial level as support. Some analysts suggest that holding its current price range would set the stage for reclaiming the next key area. Related Reading: PENGU Leads Top Memecoin List Amid 20% Daily Surge – What’s Behind The Rally? Dogecoin Retests Breakout Levels On Wednesday, Dogecoin momentum saw a momentary pause as Bitcoin and most of the market’s rally slowed down. The leading memecoin has recorded a massive run over the past week, increasing over 25% in the last seven days. At the start of the month, DOGE recovered from the June pullback and climbed to the $0.20 level for the first time since May. After reclaiming this crucial level mid-July, the cryptocurrency consolidated around this area, building a base before resuming its bullish run last Wednesday. Over the weekend, Dogecoin broke out of the $0.23-$0.24 resistance, soaring past the May highs to hit the $0.28 area on Monday. The token near this level on Tuesday, hovering between the $0.26-$0.27 price range. However, today’s pullback saw the memecoin drop approximately 9% in the daily timeframe and retest its breakout level around the $0.23 mark. Despite the correction, crypto analyst Kaleo affirmed that “If you’re not stacking Dogecoin on the retest of this breakout, you’re wrong.” The analyst highlighted that the token is repeating its Q4 2024 performance, when it retested its breakout level as support before starting the explosive rise to its multi-year high of $0.48. Amid the retracement, Ali Martinez also asserted that DOGE is retesting the neckline of its double bottom pattern, situated around the $0.25 mark. To the analyst, “This is a key support zone that could offer a solid entry point before the next leg up.” Notably, he previously suggested that as long as the token holds this area as support, a rally toward the $0.33-$0.40 is likely, adding that the next major resistance barrier is at $0.36. DOGE Weekly And Monthly To Determine Next Move Rekt Capital noted that Dogecoin has successfully retested its multi-year technical uptrend as support, which enabled its rally to the upside. He explained that price is currently “pressing beyond its pre-halving highs,” around the $0.22 level. A monthly close above this area would position Dogecoin price for a post-breakout retest of this level as support in August. The analyst highlighted that DOGE’s Pre-Bitcoin halving levels are confluent with the neckline of the double bottom pattern recorded in the Weekly chart. Rekt Capital explained that “any dips on the Weekly timeframe into the ~$0.22 region would figure a post-breakout retest attempt of the Double Bottom to fully confirm a breakout, whereas on the Monthly any dips would figure as a key technical milestone to finally turn Pre-Halving highs into new support.” Related Reading: Ethereum Price On The Verge: Banks And State Buy To Push ETH Above $5,500? Nonetheless, Dogecoin’s re-challenge of the $0.27 resistance depends on the success of the ongoing retests, as it would signal that this area is weakening as a rejection point and making a reclaim more likely during the next attempt. As of this writing, Dogecoin is trading at $0.24, a 54% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The recent dip in major cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana isn’t being driven by new bearish bets. Instead, it’s mostly due to what’s called a long squeeze, a market event where bullish traders are forced to exit their positions, often causing sharp price drops. What is a Long Squeeze and Why is It …
Bitcoin exchange order-book liquidity is creating the conditions for a giant short squeeze event as traders bet against BTC price upside.
Ethena (ENA) is currently retesting its previous breakout zone between $0.37 and $0.45, a key level that could define its next major move. The price action remains structurally bullish, with strong support holding after a multi-phase correction. If the ENA price sustains momentum above $0.46, it could initiate a sharp rally toward $0.63 in the …
A new Bitcoin retirement model is grabbing attention on Twitter and one thing is surprisingly clear: you might need far less BTC to retire than most people think. Posted by X user Sminston With, the analysis looks at how much Bitcoin someone would need to retire depending on their country, current age, and target retirement …
Major altcoins, including Ethereum and XRP, have taken a step back following a week of strong upward momentum. The broader crypto market is flashing red today as top assets face significant resistance after their recent surge. Data from CryptoSlate shows that most of the top 10 cryptocurrencies by market capitalization are trading lower. Ethereum dropped […]
The post Ethereum and XRP lead $976 million liquidation wave as altcoin rally pulls back appeared first on CryptoSlate.
A 2011 bitcoin wallet just reactivated, moving 3,962 BTC now worth $468 M, shortly after other whales shifted more than 90,000 bitcoin to new addresses.
Zircuit, an AI-powered blockchain focused on automated finance, has introduced a new product called “Hyperliquid.” This AI trading engine is designed to solve problems in the DeFi (decentralized finance) space by allowing fast and secure cross-chain trading for real-time transactions. Zircuit Launches AI Trading Engine Amid the growing demand for tools to address scalability, interoperability, …
Nature’s Miracle Holding Inc., a leader in vertical farming technology, has announced the launch of a Corporate XRP Treasury program of up to $20 million. This move places the company among the first publicly traded firms to adopt XRP as a core treasury asset. Long-Term XRP Strategy with Staking The company plans to hold XRP …
A new report from Glassnode has revealed a historically significant Ethereum level that could mark the start of an overheated phase if breached. Ethereum Is Moving Towards Active Realized Price In its latest weekly report, the on-chain analytics firm Glassnode has talked about some valuation models for Ethereum. The models in question are the Realized Price, True Market Mean, and Active Realized Price. Related Reading: XRP Whales Move $759M In Token: What Are They Up To? The first of these, the Realized Price, refers to the average cost basis or acquisition price of all tokens of the cryptocurrency that are currently part of the circulating supply. The other two models, the True Market Mean and Active Realized Price, also aim to find the network cost basis, but both of these exclude for the long-dormant coins. Such tokens are likely to be lost due to missing wallets keys, so they aren’t part of the economic supply. Thus, these models may provide for a more accurate measure of the market situation than the Realized Price. Now, here is a chart that shows the trend in the three on-chain pricing models for Ethereum over the last few years: As displayed in the above graph, the Ethereum Realized Price, True Market Mean, and Active Investor Price are situated around $2,100, $2,500, and $3,000, respectively. This means that at ETH’s current spot value, all models agree that the holders as a whole are in the green. But now that the asset has escaped above these lines, what could be next? “In order to gauge upside targets for this ETH rally, we can turn to the +1 standard deviation band of Ethereum’s Active Realized Price,” notes Glassnode. The +1 standard deviation (SD) band of the indicator happens to be where selling pressure has intensified in the past. The reason behind the trend may lie in the fact that investor profits become significant beyond this boundary, so mass selloffs with the purpose of profit-taking can become more likely to take place. Below is a chart that shows where this level currently lies for ETH. From the graph, it’s visible that the Ethereum Active Realized Price +1 SD is located at $4,500 today. ETH is currently still at a distance from the level, but if its recent bullish push continues, it might end up retesting it. In the current cycle so far, ETH has tested the boundary once, in March 2024. Back then, the cryptocurrency found rejection at it. In the 2021 bull run, the coin was able to surge past it, but in doing so, it kicked off the unsustainable euphoria market phase. Related Reading: XRP Breaks Out Of Bull Pennant—Is $15 Now In Sight? “As such, $4,500 can be identified as a critical level to watch on the upside, especially if Ethereum’s uptrend continues and speculative froth builds further,” explains the analytics firm. ETH Price At the time of writing, Ethereum is floating around $3,600, up almost 7% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
A coalition of fintech and crypto trade groups is urging the White House to defend open banking and stop JPMorgan from charging fees to access customer data.
The large XRP transfers by Ripple's co-founder could impact market dynamics and investor sentiment, highlighting security and trust issues.
The post Ripple co-founder’s wallet sends $140 million in XRP to exchanges since July 17 appeared first on Crypto Briefing.
An amended lawsuit accused Pump.fun and key Solana partners of operating an unlicensed digital casino that funneled billions through deceptive memecoin schemes.
Wealthy crypto investors are attracted to golden visa programs thanks to their residency and tax benefits, but their list of options is getting shorter.
On-chain data has revealed that Ripple co-founder and executive chairman Chris Larsen transferred $175 million worth of XRP across multiple wallets in the past week. The asset movements, first flagged by on-chain investigator ZachXBT, took place between July 17 and July 23. XRP transfers According to blockchain data, Larsen sent 50 million XRP, valued at […]
The post Ripple co-founder moves $175M in XRP in a week amid scam surge warnings appeared first on CryptoSlate.
BingX has issued an official warning about a fraudulent token falsely claiming association with its platform. Although this fake token appears on CoinMarketCap, BingX confirms it is neither authorized nor issued by the company. CoinMarketCap marks the token as “not verified” and advises users to perform their own research. BingX urges all users to verify …
The PUMP token is under fire after its cofounder confirmed there’s no airdrop coming anytime soon. As price pressure builds, on-chain data also shows that some early investors may have lost millions due to poor timing and rushed decisions. Here’s the deep dig into the Pump activity over the week. Private Sale Investor Blunder Costs …