Author: NBTC

Ethereum price found support near the $3,650 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $3,920 zone. Ethereum started a fresh increase above the $3,750 and $3,800 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,750 zone in the near term. Ethereum Price Gains Over 5% Ethereum price started a fresh…

Ethereum shows the same breakout structure that Bitcoin formed in 2020 before its rally past sixty thousand. The ETH chart shows a reaccumulation range followed by a breakout and retest, just as BTC did in 2020. The new run-up box on the ETH chart suggests a strong rally might extend through to the year 2026. Ethereum’s weekly price chart now shows a striking similarity to Bitcoin’s V-shaped recovery from the 2018–2020 cycle, suggesting a similar outcome. A side-by-side comparison of the two charts indicates that Ethereum may follow Bitcoin’s earlier breakout pattern, which led to an explosive run-up. With Ethereum…

Over the past year, Ethereum has emerged as more than just an intelligent contract platform. Tech companies now actively accumulate ETH as part of their corporate treasury strategies. This shift marks a significant moment in the maturation of crypto, where Ethereum stands alongside traditional assets like cash and government bonds in corporate balance sheets. BitMine’s Bold Move: $3 Billion in ETH BitMine Immersion Technologies made headlines by acquiring over 566,000 ETH—worth more than $3 billion—within 35 days. This aggressive move signals deep confidence in Ethereum’s long-term value. BitMine’s treasury now positions Ethereum not just as a speculative asset, but as…

A widely followed crypto analyst says that Ethereum (ETH) is experiencing intense demand and should see positive price action in the near future. In a new strategy session, the pseudonymous crypto trader Pentoshi tells his 877,100 followers on the social media platform X that the top altcoin is experiencing unquenchable demand and should soon hit a new all-time high (ATH) price. “ETH breaking out again. You love to see it. An insatiable black hole of demand.” Source: Pentoshi/X According to Pentoshi, though the second-largest digital asset is on its way to a new ATH, it could be a bumpy ride…

Ethereum price has extended its recovery, climbing from the August 5 low near $3,450 to test the $3,950 zone. This rally broke above a descending structure and retested the $3,708 support-turned-resistance level, which now serves as a launch point for the current push. ETH price dynamics (Source: TradingView) On the 4-hour chart, ETH is holding above all major EMAs. The EMA20 at $3,749, EMA50 at $3,686, and EMA100 at $3,623 are now stacked bullishly below price. This alignment supports continuation as long as $3,800 holds as near-term support. Bollinger Bands have widened, indicating volatility expansion, while price rides the upper…

A mysterious institutional investor has been making significant Ethereum (ETH) transfers recently. Over the past four days, this entity created six new wallets. In total, it accumulated 171,015 ETH, worth approximately $667 million. The ETH originated from major over-the-counter (OTC) firms, including FalconX, Galaxy Digital, and BitGo. Rapid Wallet Creation and Large Transfers The activity began quietly but picked up pace quickly. According to blockchain analytics firm Lookonchain, the institution created new wallets regularly. In the last two hours alone, it moved 10,396 ETH, valued at around $40.6 million, from FalconX to one of its new wallets. Earlier reports showed…

Another Hong Kong company is adding crypto to its treasury, but it wants to do more than passively hold it. IVD Medical Holdings has purchased $19 million (HK$149 million) of ether (ETH), positioning the asset at the center of its real-world asset tokenization strategy. The company is building ivd.xyz, a platform for tokenizing pharmaceutical intellectual property and other healthcare assets, which will run entirely on Ethereum smart contracts. In a statement to CoinDesk, Chief Strategy Officer Gary Deng said Ethereum was chosen as the core asset because it is “the world’s most mature smart contract platform” with “extremely high liquidity”…

Ethereum network transactions rose to a record high as levels of staked ether (ETH) climbed to a record high, lifted by a regulatory boost for liquid staking. The seven-day average of daily transactions on the blockchain touched 1.74 million earlier this week, overtaking the previous record of 1.65 million set on May 12, 2021. The activity surge comes as the Securities and Exchange Commission’s Division of Corporation Finance said certain liquid staking activities and “staking receipt tokens” do not constitute securities under the 1933 Securities Act, provided they meet a strict set of assumptions. Such a stance is bullish. It…

Ethereum Foundation (EF) Co-Executive Director Tomasz Stańczak has urged developers to redirect their attention toward the upcoming Fusaka upgrade, warning that focus on the later Glamsterdam release could jeopardize near-term progress. In an Aug. 8 update on X, Stańczak said he had advised project coordinators to pause discussions about Glamsterdam. That upgrade is not expected until early or mid-2026, while Fusaka is scheduled for integration in the fourth quarter of 2025. He argued that shifting conversations back to Fusaka is essential, as the upgrade is already in the testnet phase and faces time-sensitive development challenges. Stańczak suggested that reducing the…

While Bitcoin (BTC) remained stuck in a certain range, upward movement resumed in altcoins led by Ethereum (ETH). While ETH surpassed $3,900, other altcoins also experienced significant increases. While the bullish mood in the market is expected to continue, the expiration date for option contracts in the crypto market has come today, as it does every Friday. According to data for the second week of August, $4.11 billion worth of Bitcoin and $864 million worth of Ethereum options will expire on August 8 on the Deribit derivatives exchange. Accordingly, the Put/Call Ratio of BTC options is 1.45, the maximum loss…