Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.
According to Coinotag, the Ethereum price on the four-hour chart exhibits a robust upward trend. Technical indicators collectively suggest Ethereum is poised for continued growth. Meanwhile, the $2,713 level has emerged as an immediate resistance zone.
Last week, the cryptocurrency market experienced significant changes, primarily driven by the revaluation of key assets' investment attractiveness. Ethereum-based funds (ETH) recorded the highest net inflow, according to CoinMarketCap.
According to Bloomberg, the crypto industry in South Korea is poised to receive governmental backing, regardless of the presidential election outcome. Both leading candidates support easing regulations due to significant public interest in this sector.
According to The Cryptocurrency Press, major trading platforms have recorded a historic drop in Bitcoin and Ethereum reserves. Expert Crypto Rover explains that by reducing the number of coins available for trading, investors are creating conditions that could drive up their value.
Ethereum co-founder Vitalik Buterin has announced plans to increase the network's scalability tenfold. Speaking at the ETHGlobal Prague conference in late May and early June, he presented a blockchain development roadmap aimed at delivering major technical upgrades.
In 2025, the US began actively regulating the cryptocurrency market. One of the upcoming changes will be new rules from the Internal Revenue Service (IRS) on wallet-by-wallet cryptocurrency cost basis calculations, which will come into effect on January 1, 2026.
The US Securities and Exchange Commission (SEC) announced yesterday that staking protocols for networks using the Proof-of-Stake (PoS) consensus algorithm will no longer be classified as securities transactions.
Motivated by regulatory changes, major US banks are cautiously exploring the possibility of entering the cryptocurrency market, Reuters reports. However, many remain hesitant to take proactive steps.
After a challenging first quarter that marked a steep 45.41% decline, Ethereum posted an outstanding gain of 39.4% in the second quarter.
According to Coinotag data, one of the key players in the cryptocurrency market has resumed operations after a four-year hiatus. It has drawn the attention of investors and analysts as a significant event capable of influencing sector trends.
Ethereum is the world's second largest cryptocurrency after bitcoin. It allows creating and managing smart contracts and decentralized platforms. The coin is actively used in the blockchain, and is also popular in the NFT, DeFi, and other digital services.
Major factors that determine the value of ETH include:
The liquidity of Ethereum is supported by its extensive application within the financial sector and across different blockchain projects.
Moreover, an extensive ecosystem of NFTs, decentralized exchanges, and new digital solutions creates a stable interest in the cryptocurrency.
Forecasting the ETH price is a complex task, as it is formed under the influence of many factors. For successful trading and investing, it's important to take into account regulatory changes and analyze network activity.
