Month: May 2025

Ethereum Price Analysis: ETH Testing Crucial Resistance Line, Is $3K Next?

Ethereum is currently testing a decisive resistance region near the 200-day moving average at $2.5K, which has triggered a consolidation phase. While a deeper short-term correction remains possible due to prevailing supply and overbought conditions, market structure and momentum suggest a potential bullish breakout in the mid-term. Technical Analysis...
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Ether Is Set to Explode as Traders Pump Millions Into $6K ETH Bets

Crypto traders are betting big on ether ETH in the wake of the recent rally. Last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously shorting an equal number of calls at the $6,000 strike, both set...
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Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading

On May 16, a class action lawsuit was filed against Michael Saylor’s Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang.  The plaintiff, Anas Hamza, alleges that the Bitcoin (BTC) proxy firm misrepresented crucial aspects of its Bitcoin investment...
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