Tag: Ethereum

Ethereum Price Drops Below $2,350, Recovery Hopes Start To Fade

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Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,265 and might struggle to recover. Ethereum started a downside correction from the $2,400 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,350 zone. Ethereum Price Trims Gains Ethereum price failed to remain stable above $2,380 and…

So Why is Ethereum Foundation Selling?

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Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. ETH/USD daily chart. Source: TradingView Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: The Ethereum Foundation has sold approximately 20,000 ETH so far in 2026. Institutional demand for ETH remains strong, offsetting the foundation’s impact on the market. Why is the Ethereum Foundation selling ETH? In early April, the Foundation sold 5,000 ETH for roughly $11…

Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

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Ethereum price started a fresh increase and remained stable above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,365 zone. The price is trading above $2,370 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,330 zone. Ethereum Price Aims for Fresh High Above $2,420…

Ethereum Foundation Unstakes 17K ETH After Nearing 70K Staking Goal

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The Ethereum Foundation has moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH. On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham data. The move involved depositing wrapped staked ETH (wstETH) into Lido’s unstETH contract, with ETH expected to be returned once the withdrawal queue completes. In Ethereum, unstaking is the process of withdrawing ETH that was previously locked to help secure the network through validators. When ETH is staked, it’s deposited into the Ethereum…

Bitcoin, Ethereum ETFs see $37.8M inflows amid US-Iran tensions

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Bitcoin and Ethereum spot ETFs attracted $14.45M and $23.38M in inflows respectively on April 24, while the Bitcoin dip to $60,000 in April market sits at 0% YES. Continued inflows into Bitcoin ETFs work against the likelihood of Bitcoin falling to $60,000 this month. The Bitcoin dip to $60,000 market remains inactive. Institutional buyers appear to be treating Bitcoin as a safe-haven asset during U.S.-Iran tensions. The Bitcoin all-time high by June 30 market is at 3.5% YES, up from 3% yesterday. Those low odds show traders doubt a new…

Ethereum Foundation sells 10,000 ETH to Bitmine to fund core operations

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The Ethereum Foundation said Friday it sold 10,000 ETH for about $24 million in an OTC transaction with Bitmine, using proceeds to support research, development, ecosystem expansion, and grant programs as part of its treasury management framework. 0/ Today, the Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,387 via OTC. For this sale, our OTC counterparts was @BitMNR. — Ethereum Foundation (@ethereumfndn) April 24, 2026 The sale comes after the Foundation completed an OTC sale of 5,000 ETH to Bitmine in March,…

Ethereum Price Upside Stalls, Another Decline Could Be Brewing

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Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,285 and might struggle to recover. Ethereum started a downside correction from the $2,425 zone. The price is trading below $2,365 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,255 zone. Ethereum Price Trims Gains Ethereum price failed to remain stable above…

Ethereum Metrics Signal ETH Price Rally Toward $6K Next

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Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin may be primed for a bigger rally toward $6,000 or higher. Key takeaways: Ether is currently displaying a technical setup similar to past cycles that ignited a massive rally in ETH price.  Supply squeeze potential is growing as increasing accumulation and exchange outflows reduce immediate sell pressure. A rising Coinbase premium reflects the return of US institutional demand. Ether’s fractal targets a $6,000 ETH price  Ether is currently bouncing…

Ethereum Price Rejected Above $2,400, Upside Momentum Starts To Fade

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Ethereum price started a fresh increase and remained stable above $2,350. ETH is now consolidating and might aim for more gains if it clears $2,425. Ethereum started a steady increase above the $2,380 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Corrects Recent Gains Ethereum price managed to…

Ethereum Risks 10% Dip Versus Bitcoin Despite ETH Staking Milestone

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Ethereum’s record 32.33% staking ratio is shrinking liquid supply, reducing sell pressure and potentially supporting an ETH price recovery over time. Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: Ether’s bear flag risks 10% correction The ETH/BTC ratio has been carving out a bear flag pattern since February, consolidating inside a rising parallel channel after a sharp downside move. In technical analysis, bear flags are typically viewed as continuation…