The ratio between the futures and spot markets for Ether on Binance — the world’s largest crypto exchange by trading volume — has risen from 5 to 6.84. This trend indicates a decisive shift in trader behavior, who have begun acting more aggressively, analysts say.
The cryptocurrency market has entered a new phase: U.S. banks have received regulatory approval to custody Ethereum. Although this step was anticipated, few believed it would happen so quickly. It marks an important turning point: traditional finance is beginning to adopt blockchain innovation rather than resisting it.
A crypto whale from the Hyperliquid platform, who earned around $200 million during the market crash in October, has added another $10 million to his long Ethereum position. As a result, the total size of his ETH investment has reached $44.5 million.
Last week, the Ethereum treasury company BitMine purchased $205 million worth of ETH, increasing its holdings to 3.63 million altcoins valued at $11.8 billion at the current exchange rate.
The U.S. Office of the Comptroller of the Currency (OCC) has authorized American banks to hold Ethereum as a primary asset. The new guidance indicates that the government is ready to support the use of digital assets within the banking sector.
As of 07:36 GMT on Friday, the cryptocurrency Ethereum was trading at $2,696.53 according to the Investing.com index, down 11.28% on the day. This marked the largest decline in the cryptocurrency’s value since October 10.
Bullish traders defended the psychological level of $3000, while one on-chain metric issued a buy signal. November’s price decline exceeded 20%, pushing the Mayer Multiple indicator below 1 — a level that has historically aligned with market bottoms.
The forty-three-day shutdown of U.S. government agencies has come to an end; funding for government operations has been found. A positive piece of news for the world’s largest crypto market did not spark enthusiasm among crypto investors. Risk appetite has not returned, and cryptocurrencies are falling. Will this last long?
The cryptocurrency Ethereum was trading at $3,114.64 at 04:39 GMT on Friday, according to the Investing.com index, falling 10.59% on the day. This was the most significant drop in the cryptocurrency’s value since October 10.
According to analysts, the increase in large player activity indicates that Ethereum has reached a local bottom. Corporate investors are using the dip in the second-largest cryptocurrency by market capitalization as an opportunity to enter the Ethereum market. At the same time, retail traders remain cautious.
A new Coinbase market report provided a clear picture of Bitcoin and Ethereum dynamics in Q3. These data allow for predictions about their behavior in Q4.
Shawn Yang, chief analyst at MEXC Research, has forecasted growth in the cryptocurrency market over the next year. According to him, if current macroeconomic trends persist, by November 2026 the price of Bitcoin (BTC) will range between $100,000 and $115,000, and in a positive scenario, it could reach $120,000. Ethereum (ETH), according to Yang’s estimates, could rise to $6,000–$7,000 during the same period.
Cathie Wood’s ARK Invest has increased its stake in Tom Lee’s company BitMine, which is engaged in ether storage, and reduced its stake in Tesla.
Exchange-traded funds (ETFs) investing in Bitcoin and Ethereum have recorded capital outflows for the fifth consecutive day, while Solana ETFs have seen six straight days of inflows.
The cryptocurrency Ethereum was trading at $3,266.45 on Tuesday at 19:44 GMT, according to data from Investing.com, down 10.03% for the day. This marks the largest single-day decline in Ethereum’s value since October 10.
The Ethereum (ETH) market has faced a sharp decline in demand after Bitmine, one of the largest institutional buyers of the asset, reportedly suffered losses exceeding $1.3 billion. According to analysts from 10x Research, the company has exhausted its liquidity and can no longer support ETH’s price — creating a significant risk of further market decline.
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