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Rising Open Interest in Ether and a “positive” taker buy-sell ratio have a crypto analyst optimistic that Ether’s lengthy correction is nearing its end.
Wicked smart royalties on NFT resales and a steady stream of unofficial memecoin taxes are padding Trump’s crypto wallet
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The weakness in ether’s price can be seen in the ETH/BTC pair, which has been on a downward trajectory since the Ethereum Merge in September 2022.
- 2025/05/10 22:33Bitcoin Market Share Drops 2.5% in Two Days, Currently at 63.46%According to TradingView data, Bitcoin's market dominance (BTC.D) has decreased by 2.5% over the past two days, currently reported at 63.46%. The observed high two days ago was 65.48%. A high Bitcoin market dominance indicates a quiet altcoin market, but it also suggests an impending market rebound. According to previous historical data, when Bitcoin's market dominance surged to 60% last November, altcoins began a mini bull market. In 2019 and 2021, Bitcoin's market dominance reached a high of 70%, followed by a broad market rally.
- 2025/05/10 22:31A whale that shorted ETH, SOL, and BTC with $17 million at 3x leverage is currently down over $1.2 millionA whale deposited $17 million USDC into Hyperliquid to short ETH, SOL, and BTC with 3x leverage — currently losing over $1.2 million.
- 2025/05/10 22:07Galaxy Digital has received approval from the U.S. Securities and Exchange Commission to relocate the company to DelawareGalaxy Digital has received approval from the U.S. Securities and Exchange Commission to relocate the company to Delaware, marking a crucial step in its plan to list on the Nasdaq Stock Exchange. The cryptocurrency investment firm plans to list on Nasdaq in mid-May under the ticker symbol GLXY, pending approval from a special shareholders' meeting on May 9 and final approval from the currently listed Toronto Stock Exchange.