Ethereum price remained under heavy selling pressure for a fourth straight day on Friday as liquidations, sustained ETF outflows, and a major technical breakdown pushed ETH to its lowest level this year. According to data from crypto.news, Ethereum (ETH) price…
Grayscale’s head of research says Strategy’s leveraged business model has come under pressure, and that pressure could make it harder for the company to keep adding Bitcoin to its holdings. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy A Dividend Problem Taking Shape Zach Pandl made the assessment Thursday after Strategy sold 32 Bitcoin — a tiny slice of its 843,706 BTC stockpile — triggering a wave of selling that has knocked Bitcoin down 16% since the transaction. Strategy also offloaded $128 million in shares, and its stock has dropped nearly 13% to a two-month low of $126. At the center of the concern is STRC, a variable-rate preferred equity instrument that Strategy designed to trade at $100 per share and pay an 11.5% dividend. It is now trading around $95 — below the target price — a sign that investors are demanding a higher return than the instrument currently offers. If Strategy responds by raising the dividend to pull STRC back to par
Enhanced risk monitoring on Ethereum mainnet could bolster DeFi stability, offering users critical insights to preemptively manage liquidation risks.
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This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week was one of the worst of this bear market as most cryptocurrencies fell by double digits. Ethereum was no different, crashing 17%. Unfortunately, the $1,800 support could not hold the bears back and quickly turned into resistance. […]
Hyperliquid has fallen sharply from its record high after a whale-led selloff triggered a wave of liquidations and pushed momentum indicators into their weakest position since the token’s breakout rally began. According to data from crypto.news, Hyperliquid (HYPE) price was…
BNB price has fallen sharply from its recent highs and has now retested a major support zone as heavy liquidations, deteriorating market sentiment, and weakening technical indicators weigh on the token. According to data from crypto.news, BNB (BNB) was trading…
Bitcoin and Ethereum trading activity has fallen to multi-quarter lows on Hyperliquid, while volume in equity-linked and pre-IPO perpetual contracts has climbed sharply. According to a June 5 report from Block Scholes shared with crypto.news, risk sentiment around the two…
Market volatility and geopolitical tensions may drive short-term trading strategies, impacting Ethereum's price dynamics and investor sentiment.
The post Bixin Pool CEO buys back Ethereum at $1,645, anticipates short-term rebound appeared first on Crypto Briefing.