according to analyst @ali_charts, Ethereum faces significant chip squeeze at $2380, forming a key resistance. However, Ethereum has quickly broken through this resistance in the past 2 days, indicating a potential start of a new round of upward movement.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Analysis: Ethereum breaks through the 2380 resistance level and may start a new round of rise
-
Wechat scan to share
Recommended for you
-
The US spot Ethereum ETF saw a net outflow of $41.5 million yesterday.
according to data monitored by Farside Investors, the US spot Ethereum ETF had a net outflow of $41.5 million yesterday. -
Decrypt ·
OpenAI Ordered to Hand Over 20M ChatGPT Logs in NYT Copyright Case
A federal judge rejected OpenAI’s bid to limit discovery, directing the company to produce de-identified user logs central to the case.
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
Strategy has $1.4 billion in cash, no debt due until 2027, and Bitcoin's price is above the company’s cost basis, making a sale unlikely, argues Matt Hougan.
-
Zixi.eth ·
BeFlow: Rebuilding Payment Logic with Technology — From an Incentive Tool to a Consumption Operating System
-
Digital Asset Holdings, a blockchain company focused on the financial sector, has completed a new round of financing of $50 million.
as Wall Street giants are betting on the underlying technology of cryptocurrencies to handle traditional assets, Digital Asset Holdings LLC, a blockchain company focused on the financial sector, has secured new funding. This round of investors includes institutions such as BNY Mellon and Nasdaq. According to insiders, this round of financing amounts to $50 million, with S&P Global and iCapital also participating. This is the company's new round of fundraising following the $135 million financing completed earlier this year. Bloomberg reported in June that the previous round was led by DRW Venture Capital and Tradeweb Markets, with market makers Citadel Securities, IMC, and Optiver participating. -
Meta Platforms shares rose about 4% in pre-market trading after CEO Mark Zuckerberg announced plans to cut the Metaverse budget by 30%.
Meta Platforms (META.O) rose about 4% pre-market, CEO Zuckerberg plans to cut the Metaverse budget by 30%. -
The US will release a series of employment data tonight, and the probability of an interest rate cut has reached as high as 94%.
according to the schedule, at 20:30 tonight, the number of Challenger job cuts in the US for November will be released; at 21:30, the US initial jobless claims for the week ending November 29 will be announced, with an expected value of 220,000. In addition, at 23:00, the US Global Supply Chain Pressure Index for November and the US factory orders month-on-month rate for September will also be released. Although tonight's employment data is relatively important, the market is currently highly betting on a 25 basis point rate cut by the Federal Reserve in December. As of the time of writing, the probability of this event on Polymarket has reached as high as 94%. -
Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate
The Senate's process is inching forward on a mass-confirmation that would include two nominations with major crypto implications.
-
Connecticut Orders Kalshi, Robinhood, Crypto.com to Cease Sports Betting
The state issued cease-and-desist orders to the firms to stop conducting "unlicensed online gambling" via their sports events contracts.
-
ADA, ETH, XRP Climb as Bitcoin Zooms Above $93K, But Traders Warn of ‘Fakeout Rally’
“The short-term setup has shifted into a choppy pullback, with markets watching whether BTC can stabilize within the $90,000–$91,000 support zone,” one trader said.
Daily Must-Read
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
-
Coinbase CEO Armstrong Says Banks That Don't Adapt Stablecoin Will be 'Left Behind'
-
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
-
Saylor shrugs off suggestion Wall Street ‘hurt’ Bitcoin amid latest crash
-
Senator Tim Scott pushes for December vote on crypto market bill
-
Nearly 25% of Adults With Internet Access in Asia Might Own Crypto, Report Says
All Comments