Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from the open market. Some traders expected a price rebound after the Feb. 21 hack, anticipating that Bybit’s purchases to cover losses would push prices higher. However, this scenario did not materialize.
As part of its recovery effort, Bybit borrowed 40,000 Ether (ETH) from Bitget “as a loan to handle customer withdrawals,” ...
Crypto traders have plenty to watch this week as Ethereum’s (ETH) latest price action hints at a possible breakout, Binance Coin’s (BNB) price prediction signals potential new highs, and the BlockDAG ...
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While Bitcoin (BTC) edges closer to its Feb. 3 low of $91,300, Ether (ETH) remains considerably above its $2,080 monthly low.
The Ethereum price dumped 8% on Monday, but despite that, various experts remains bullish on Ethereum’s long-term outlook.
The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, ...
A storm of controversy has erupted within the Arbitrum decentralized autonomous organization (DAO) as its recently formed ...
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