Author: coinadrenaline
Key takeaways:Rising spot ETH ETF inflows and BlackRock’s accumulation signal strong institutional investor interest, supporting a bullish outlook.A dip to $2,100 could be a strategic entry point, bolstered by tokenized AUM surpassing $5 billion and a potential Q4 breakout driven by year-end strategies.Ether (ETH) price witnessed a volatile period this week as the altcoin reached a 15-week high of $2,879 on Wednesday and dipped to $2,433 on Friday, a 15% crash. While ETH is consolidating just under $2,600, a higher-time frame pattern could extend its woes over the coming weeks. Ether 1-week chart. Source: Cointelegraph/TradingViewAs observed in the 1-week time frame, ETH has…
Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer. The Statechain protocol is a bit more complicated to discuss compared to other systems such as Ark or Lightning because of the range of variations that are possible between the original proposed design, the two that have been actually implemented, and other possible designs that have been loosely proposed. Like Ark,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier this week, Ethereum experienced a notable uptick after a period of bearish pressure that halted previous upward attempts. However, this renewed bullish momentum appears to be losing steam as ETH’s price saw a pullback on Thursday. Despite this pullback, ETH’s derivatives market continued to show strong momentum. A Dramatic Uptick In Ethereum Open Interest As Thursday drew closer to a close, Ethereum took a hit and fell below the $2,700 price mark, flipping the level into a resistance once again. While the altcoin’s price declined to…
Mantra’s Large Transaction Volume declined 24.34%, pointing to weakening institutional participation amid the sell-off. 91% of OM holders remain at a loss, while short positions build near $0.25. Mantra [OM] dropped by over 12% in a single day to trade at $0.2516, deepening a decline that began in early April and wiping out months of gains. In fact, OM’s fall from above $8 has shown no meaningful recovery. Price now consolidates within a tight range, with low volume and momentum. Despite this prolonged downtrend, indicators like the Parabolic SAR and Stochastic RSI still show no clear bullish signal. Can the token…
Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards. Acquisition of 176,000+ ETH Sees Sharplink Double Down on Ethereum Sharplink Gaming, Inc. (Nasdaq: SBET) has made headlines by acquiring 176,271 ETH for $462.9 million, […]
The dominance of XRP is attempting to break a crucial resistance level in its fifth attempt, which enhances the probability of success. Analysts predict that XRP can reach a price of $27 should the market cap reach $5.5 trillion. The technical patterns display bullish indications with a breakout of a falling wedge and a bullish flag formation. XRP has been testing another historically important resistance area, and several analysts say a breakout could be near. A chart by crypto analyst EGRAG CRYPTO shows that the 0.5 Fibonacci has been a significant obstacle in previous cycles – in October 2019, November…
Key takeaway:Bitcoin (BTC) is generally not regarded as a reliable investment during periods of geopolitical uncertainty, particularly when oil prices spike in response to escalating global tensions. However, historical data suggests that such moments often present compelling buying opportunities for traders prepared to capitalize on market dislocations.Oil spikes often align with sharp, temporary Bitcoin price correctionsIn the face of imminent conflict or instability, investors typically rotate into short-term government debt and cash, favoring safety over volatility. Nevertheless, Bitcoin has historically outperformed in the week following abrupt oil price surges, such as the recent rally to $77 per barrel on Friday.WTI…
Devcon is coming in 2022 (along with something new 🤫), but ahead of our next event updates, we invite you to check out a completely refreshed Devcon archive. Meet the new Devcon Archive Devcon’s impact goes beyond just the physical event, and with that in mind, we’ve completely revamped the Devcon archive. Changes include an improved UX, better discoverability of content, reduced reliance on YouTube, more decentralized content via IPFS, and community involvement in curation. Through all of this, we hope Devcon can continue to be an unparalleled educational resource to learn about the past, present, and future of the…
Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Strategy’s Michael Saylor.Saylor’s proposition follows a Bitcoin (BTC) rally of over 11% since the beginning of 2025, which outperformed the 18% decline of Apple shares during the same period.Illustrating a growing corporate shift, increasingly more traditional companies are adopting digital assets beyond Bitcoin. On Wednesday, Interactive Strength (TRNR), a Nasdaq-listed fitness equipment manufacturer, announced plans to raise up to $500 million to establish the world’s largest corporate Fetch.ai (FET) token treasury.Meanwhile, an unidentified whale opened a $300 million leveraged Bitcoin bet, sparking speculation about the investor’s…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum’s price action this week has been very notable, with the leading altcoin breaking above $2,800 again for the first time in four months. Ethereum managed to break above the $2,800 mark for the first time since February, briefly touching $2,870 before pulling back slightly. Related…