According to recent data from Farside Investors, the Ethereum spot ETF in the United States experienced a significant net inflow of $13.7 million on May 20th. Notably, BlackRock’s ETHA accounted
The post Why is the Ethereum Price Up Today? appeared first on Coinpedia Fintech News Ethereum (ETH) has been making steady gains over the past day, standing out in a market where most cryptocurrencies have shown limited movement. In the last 24 hours, Ethereum’s price rose by 6.93%, and over the past week, it’s up 5.61%, currently trading around $2,558.65. One of the factors behind this rise is a fresh update from the Ethereum Foundation. The organization announced changes to its leadership structure, naming Hsiao-Wei Wang and Tomasz K. Stańczak as new Co-Executive Directors. Along with a newly appointed President, this marks a step toward strengthening the foundation’s management and decision-making processes. The news has been well received within the Ethereum community, with many viewing it as a sign of renewed focus and direction for the network. While Ethereum has seen a bullish climb, other leading cryptocurrencies have struggled to match its pace. Bitcoin (BTC) posted a smaller daily gain of 1.83%, while Binance Coin (BNB), XRP, and other altcoins recorded even smaller increases. Stablecoins like USDT and USDC stayed flat, as expected. Ethereum Price Analysis Technical analysis adds another layer to Ethereum’s price movement. The cryptocurrency recently rebounded from a crucial support area and is now approaching resistance levels between $2,523 and $2,690. Analysts predict that the market structure is still uncertain, but this bounce leaves room for either a fresh rally or another corrective move. However, a decisive break below $2,464 could suggest the current rally has ended and further downside is ahead. For now, Ethereum’s combination of leadership changes and positive price action has set it apart from the rest of the market. Investors and traders are watching closely to see if this momentum can continue in the coming days.
COINOTAG reports from May 20 that SEC Commissioner Caroline Crenshaw has raised alarms regarding the agency’s regulatory practices impacting the cryptocurrency sector under the previous administration. She characterized the current
Telegram fiercely rejects alleged French intel pressure to censor conservatives, exposing explosive claims of European election meddling and reaffirming its uncompromising stance on free speech. Telegram Refuses to Be Europe’s Political Weapon Telegram founder Pavel Durov revealed on May 19 that French intelligence sought to interfere in Romania’s presidential election by pressuring him to censor
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ARK Invest projects Bitcoin to reach $1.5 million by 2030 based on institutional inflows and fixed supply dynamics. As of May 2025, Bitcoin trades above $103,000, supported by post-ETF approval demand and on-chain accumulation. Additional forecasts from SkyBridge, Unchained Capital, and InvestingHaven suggest $200K–$1M Bitcoin targets within the decade. Cathie Wood, CEO of ARK Invest, stated again in May 2025 that Bitcoin could reach $1.5 million by 2030. She confirmed the forecast in a CNBC interview dated May 9, 2025. ARK Invest’s models include a base-case projection of $700,000 for Bitcoin, with the bull-case target being that $1.5 million figure. These scenarios consider Bitcoin’s fixed supply, institutional investment trends, and the growing financial infrastructure supporting Bitcoin. Bitcoin Trades Above $103,000 in May 2025 As of May 19, 2025, Bitcoin trades at $103,559 on the 4-hour chart from Bitstamp, according to TradingView data. The price opened the day at $102,958 and reached a high of $103,790 before closing at $103,559, showing a daily increase of 0.54%. BTCUSD 4H Chart. Source: TradingView.com The chart also shows that Bitcoin… The post Cathie Wood Has Said That Bitcoin Will Hit $1.5 Million appeared first on Coin Edition .
Following a daily major gain, Alpaca temporarily halted bleeding after 9 days of fallout. It currently appears strong, but is likely to break lower following a newly formed bearish pattern on the daily chart. Alpaca is considered one of the top gainers (if not the biggest) during the recent rally in altcoins following an over 20x increase within two weeks. However, the buying pressure stopped following a long-wick rejection at $1.28 in late April. The price nosedived, but managed to stay above $0.16 in the first week of this month. Holding this price level as support, it resurged and pushed briefly above the $0.7 level in the second week. A rejection occurred again and the crypto lost momentum throughout that week. It advanced selling this week and further dipped to the $0.15 level yesterday. Today came with a relief following a major gain in the last 24 hours, and as we can see, it is now looking strong on the day. Despite the recent drops, it is still up by 6x on a monthly. But looking at the current price action, it has formed a double-top pattern on the daily chart. A break below the $0.15 level should validate more bearish moves in the coming days. Alpaca’s Key Levels To Watch Source: Tradingview On the way down, the $0.147 level is providing support. A drop below it could slide us to $0.0876. The key level to watch for a retest is $0.061. If a rebound fails there, it may roll back to the bottom level of $0.028. Towards the upside, the $0.266 level is the closest resistance to watch on the daily chart. A resurge above this weekly resistance should rally us through $0.4 to $0.727 before reclaiming the $1.28 high, where it faced a rejection in April. Key Resistance Levels: $0.266, $0,727, $1.28 Key Support Levels: $0.147, $0.0876, $0.061 Spot Price: $0.205 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
While several altcoins have taken a downturn amid the latest market dip, Hype remains strong weekly, but faces a crucial resistance level after recovering for six weeks. Whether it will overcome it or not is uncertain. Like other altcoins, Hype’s recovery started last month after locating a solid ground level above $9. While this came after trending bearishly throughout the first quarter of the year, it initiated a buy and increased with a strong close above the psychological $20 level in the late month. The trading volume enhanced this month, and the price increased until it reached a crucial multi-month resistance level of $28.4 yesterday. Looking back from where the price picked up in April, Hype has seen an impressive recovery and is now looking highly bullish on a short-term scale. Although it is facing a serious hurdle at this crucial resistance. Increasing above this resistance could fuel a bigger price movement in the future. However, a continuous rejection there could trigger a drop capable of bringing a pullback in the market before exploding higher. Similarly, trading calmly around this crucial resistance could lead to a slight consolidation phase before deciding the next major direction of the market. The bulls are still in charge despite the latest rejection. HYPE’s Key Levels To Watch Source: Tradingview After last month’s breakup, it has created supports at $23.25, $19.5 and $16.9 respectively. If the price drops from the currently trading level, we may see a pullback into the mentioned support levels before rebounding. Flipping the $28.4 resistance level, the potential buying target would be $35.7 on the short-term scale. The $43.25 level is the next resistance to watch for a major breakup. Key Resistance Levels: $28.4, $35.7, $43.25 Key Support Levels: $23.25, $19.5, $16.9 Spot Price: $26.82 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
COINOTAG reported on May 20th that Lido has introduced a significant innovation with the launch of the Ethereum Auxiliary Proposer Mechanism (APM) framework. This initiative aligns with Ethereum’s ongoing evolution
Exploring Internet Capital Markets: A New Paradigm in Crypto Funding As 2025 unfolds, Internet Capital Markets (ICM) are emerging as transformative platforms that democratize cryptocurrency funding, enabling innovative projects to