NewsBTC·
As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction. In an X post, the mark
Read full articleBit Digital has reported lower first-quarter revenue and another steep quarterly loss as the Nasdaq-listed company continues redirecting capital from bitcoin mining into Ethereum staking and treasury operations. According to Bit Digital’s earnings report released Thursday, first-quarter revenue came in…
The latest impressive price surge was likely driven by the Coinbase news, and perhaps due to the CLARITY Act progress.
The post CLARITY Act Advances Despite Democratic Concerns appeared on BitcoinEthereumNews.com. The post CLARITY Act Advances Despite Democratic Concerns appeared first on Coinpedia Fintech News The Senate Banking Committee voted 15-9 to advance the CLARITY Act on Thursday, moving the crypto legislation closer to a full Senate vote. Democratic Senators Ruben Gallego and Angela Alsobrooks supported the bill during markup but warned unresolved ethics and financial crime provisions remain major concerns. Their backing signals bipartisan momentum for clearer digital asset regulations in Washington. However, lawmakers indicated future support could weaken if stronger safeguards against conflicts of interest and illicit financial activity are not added before final approval. Source: https://coinpedia.org/crypto-live-news/clarity-act-advances-despite-democratic-concerns/
The post Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting? appeared on BitcoinEthereumNews.com. As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction.
The post Ethereum Price Prediction: Whales Keep ETH Under Pressure appeared on BitcoinEthereumNews.com. Ethereum is facing pressure from two sides as whale positioning stays negative and ETH/BTC remains inside a descending channel. For now, ETH needs stronger buying activity and a clear ETH/BTC recovery to weaken the bearish setup. Ethereum Whales Stay Bearish as ETH Price Holds Near $2,300 Ethereum whales are still showing a bearish position, according to the Ethereum Whale vs Retail Delta chart shared by CW. The chart shows the whale vs retail delta moving below zero in recent weeks. That means whale positioning has turned negative compared with retail positioning. In simple terms, larger traders appear more short than retail traders. Ethereum Whale vs Retail Delta Chart. Source: CW on X,Coinglass ETH price is holding near the $2,300 area, while the delta remains in the red zone. This suggests whales have not yet shifted back to a bullish stance, even after Ethereum stabilized from i
Ether has continued to lag behind Bitcoin during the latest crypto market recovery, with analysts at JPMorgan saying weaker network activity and fading confidence across the altcoin market have kept institutional demand tilted toward Bitcoin. According to a report from…
On-chain data shows investor realized profits on the Ethereum network have hit their highest level in three weeks alongside the dip in the ETH price. Ethereum Realized Profit/Loss Shot Up Recently According to data from on-chain analytics firm Santiment, the Ethereum Network Realized Profit/Loss has observed a spike recently. This indicator tells us, as its name suggests, the net amount of profit or loss that ETH investors as a whole are realizing through their transactions. Related Reading: Bitcoin Falls Below $80,000: Coinbase Sellers To Blame? The metric works by going through the transfer history of each token being sold on the blockchain to determine the price at which it was moved prior to this. If the previous transaction value was less than the latest selling price for any coin, then the token’s sale is considered to be leading to the realization of some net profit. Similarly, the opposite arrangement points to loss-taking. The exact degree of profit or loss involved in each ca
Clear Signing could enhance security and compliance in Ethereum transactions, but its success hinges on widespread adoption by DeFi protocols. The post Ethereum introduces clear signing standard for human-readable transactions appeared first on Crypto Briefing.
