NewsBTC·
Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has identified a cluster of large institutional withdrawals that adds a structural layer to the current setup worth examining carefully. Related Reading: XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup Three whale addresses — two of them freshly created wallets with no prior transaction history — have withdrawn a combined $122.29 million in Ethereum from FalconX and Kraken. The scale of the withdrawal is significant. The venue combination is notable. FalconX is a regulated institutional prime brokerage serving some of the most sophisticated participants in digital asset markets, while Kraken is one of
Read full articleCrypto investors weigh Dogecoin, Ethereum, and BlockDAG as market volatility drives demand for stronger fundamentals. The digital asset market in June 2026 presents a highly polarized environment for market participants. Analysts are observing intense volatility across major networks due to…
Ethereum price started a downside correction below $1,665. ETH must clear the $1,650 and $1,720 resistance levels to continue higher. Ethereum started a downside correction below the $1,650 zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,720 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $1,680 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $1,665 and $1,650 levels. The price even tested the 50% Fib retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. However, the bulls were active near the $1,610 level. Besides, there is a declining channel forming with resistance at $1,640 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,650 and the 100-hourly Simpl
Kraken's World Cup sponsorship highlights crypto's growing mainstream presence, potentially boosting global adoption and market engagement. The post FIFA World Cup 2026 kicks off June 11 with Kraken as official crypto exchange supporter appeared first on Crypto Briefing.
Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $63,500 levels. Bitcoin Price Dips Toward Support Bitcoin price failed to stay above the $63,500 support zone. BTC remained in a bearish zone and extended losses below the $63,200 level. There was a move below the $62,500 level. The price even dipped below $61,200. A low was formed at $60,746 and the price is still showing many bearish signs. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $64,613 swing high to the $60,746 low. Bitcoin is now trading below $62,500 and t
A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together, those attacks — targeting Truebit, Trusted Volumes, Aperture Finance, and Ekubo — account for roughly $37 million in losses, all traced back to contracts whose source code had never been publicly verified on blockchain explorers. The Truebit contract had been sitting on Ethereum since 2021. It was compiled using Solidity v0.5.3, a version released before automatic overflow protections became standard. An attacker found an integer overflow flaw inside its bonding curve mechanism and used it to mint large quantities of tokens at minimal cost before convertin
Kraken's partnership with FIFA 2026 could accelerate crypto adoption, enhancing fan engagement and influencing the sports economy globally. The post Kraken becomes official crypto partner of FIFA World Cup 2026 as tournament preparations intensify appeared first on Crypto Briefing.
Kraken's FIFA partnership signals renewed crypto-sports synergy, potentially boosting market activity amid a cautious yet expanding landscape. The post Kraken becomes FIFA World Cup crypto sponsor as USMNT trains at full strength for first time appeared first on Crypto Briefing.
Ethereum (ETH) is attempting to consolidate at price levels not seen since April of last year, following a 31% decline over the monthly time frame. Trading around $1,606, ETH sits nearly 70% below its all-time high of $4,945 — and according to one indicator, the drawdown may not be over. Another 56% Drop Ahead? Market […]
