The price of Ethereum (ETH) bounced 22% off its June low. Thanks to this move, the quotes managed to hold above the key trend line of institutional investors. The rise coincided with renewed inflows into spot ETH ETFs, which had been recording outflows for weeks before that. Large holders continued to actively accumulate…

Analysts at Bitwise stated that bitcoin's recent decline has created an attractive entry point for investors. The first cryptocurrency now appears to analysts to be undervalued compared with the stocks of technology companies benefiting from the artificial intelligence boom. Over the past day, bitcoin made a recovery attempt, rising at one point to…

Analysts at the market maker Wintermute allow that Bitcoin (BTC) may yet fall to levels near $50,000, despite the recent rebound. According to Wintermute strategist Jasper De Maere, the attractive long-term risk-reward ratio around $60,000 does not mean that the market bottom has already been reached. Last week Bitcoin broke…

The CEO of the world's largest tanker operator by number of vessels has made an important statement. According to him, shipowners will not immediately return to routes through the Strait of Hormuz. This process will take several weeks even after an agreement is reached between the US and Iran. Mitsui OSK Lines head Jotaro Tamura specifically emphasized this…

The decentralized options trading platform Thetanuts Finance has suffered a hack. The attacker was able to withdraw crypto assets worth about $2.1 million, security experts at PeckShieldAlert found. Blockchain security specialists at the company Blockaid confirmed the incident. The vulnerability arose due to a problem with processing the mathematical calculations of tokens…