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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.
- 18:17Data: Abraxas Capital purchased 33,482 ETH again in the past 12 hoursAccording to Lookonchain monitoring, Abraxas Capital has purchased an additional 33,482 ETH ($84.7 million) in the past 12 hours, bringing its total purchases over the past 6 days to 211,030 ETH ($477.6 million).
- 18:17Trump Calls on Powell to Cut Interest Rates AgainPresident Trump stated that there is no inflation, and the prices of gasoline, energy, groceries, and almost all other goods are falling. The Federal Reserve must lower interest rates like Europe and China. "Too late, Mr. Powell," why are you still hesitating? This is unfair to the United States, which is ready to prosper. Let everything take its course, it will be a wonderful thing.
- 18:17Trump: The Stock Market Will SurgeAccording to Jinshi reports, U.S. President Trump stated that the stock market will rise significantly.