Crypto News

The post Ethereum Retests Key Support as Price Eyes the $4,955 Level appeared on BitcoinEthereumNews.com. Key Insights: Ethereum holds key support after three tests, with targets set at $4,500 and $4,955. Funding rates show heavy shorts, often seen before price rebounds like on October 10. Ethereum network activity hits all-time highs with growing DeFi usage and active addresses. Ethereum Retests Key Support Zone as Price Eyes Move Toward the $4,955 Level Ethereum (ETH) is currently retesting a familiar support level after several previous attempts to hold the zone. The price has shown some recovery, but analysts remain cautious as selling pressure continues. Ethereum Tests Key Support Level Again Ethereum is once again near a key support area that has been tested three times before. This repeated test shows a potential buildup for a breakout or further decline. According to Donald Dean, Ethereum continues to push the lower boundaries and is retesting the same support area that was tested 3 times. Current market focus is on a volume shelf at $4,500, followed by a target of $4,955. Both levels are seen as areas of interest where buyers could return, as the $4,955 level also lines up with a previous local high.  Potential Buildup for a Breakout | Source: X Analysts believe that these targets will become valid if the support area remains intact and broader market sentiment improves. Ethereum is trading at $3,848.84, up 1.76% in the past 24 hours, with trading volumes exceeding $36 billion. Traders Watch Funding Rates and Market Sentiment However, Funding rates are showing that traders are shorting Ethereum across major exchanges. According to Bitcoinsensus, this type of setup has often appeared before local bottoms in the past.  Funding rates have been driving Ethereum’s price action lately, and shorts are heavily stacked across exchanges. This pattern is similar to what happened on October 10th, just before Ethereum saw a strong rebound.  ETH…

SharpLink Gaming has just revealed plans to shift $200 million in Ethereum (ETH) from its corporate reserves onto Consensys’ Linea network, sparking fresh interest across the crypto market. This move, announced on October 28, highlights Ethereum’s growing appeal for institutional yield strategies, as the firm partners with EtherFi and EigenLayer to chase staking and restaking […]

ETH held in staking has a higher unrealized value, as stakers seldom engage in short-term capitulation and active trading.

The post SilentSwap Blocks US Users, Cites OFAC Compliance appeared on BitcoinEthereumNews.com. Key Notes The platform enables swaps across eight blockchains and up to 16 destination wallets using confidential routing technology. Terms of Service state the protocol collects no personal data and purges transaction records daily, raising enforcement questions. Shibtoshi previously turned 37 ETH into Shiba Inu holdings worth over $5.7 billion during the meme coin’s 2020-2021 bull run. SilentSwap launched its V2 protocol on Oct. 31, 2025, offering cross-chain privacy swaps. The platform was founded by Shibtoshi, a pseudonymous figure known for amassing billions in Shiba Inu holdings. The protocol operates as a non-custodial swap service with multi-chain support. The platform claims to offer an “OFAC and AML-compliant architecture,” according to the press release. Shibtoshi stated that privacy remains a barrier preventing institutional capital from moving on-chain. The Compliance Contradiction The Terms of Service reveal that SquidGrow LLC, an entity registered in St. Vincent & Grenadines, operates the platform. The document explicitly prohibits “a person or entity who resides in, are citizens of, are incorporated in, or have a registered office in, the United States of America” from using the service. The platform’s FAQ states that it requires “no personal information” and that “transaction data is purged daily.” This creates a technical challenge for enforcing the US user ban or screening against sanctioned wallets. SilentSwap’s approach differs from Tornado Cash, which operated through immutable smart contracts with no company or Terms of Service. The US Treasury sanctioned Tornado Cash in August 2022, but a federal appeals court overturned the sanctions in November 2024, ruling that OFAC lacked authority to sanction immutable smart contracts. The Treasury lifted Tornado Cash sanctions on March 21, 2025. Unlike Tornado Cash, SilentSwap operates as a centralized company. The US court’s reversal of Tornado Cash sanctions centered on decentralized code. SilentSwap’s corporate structure makes it subject to…

The post 2025 On-Chain Fees Set to Reach Nearly $20 Billion appeared on BitcoinEthereumNews.com. As the blockchain sector transitions from speculative booms to sustainable growth, on-chain fees have emerged as a critical barometer of economic maturity. According to a recent report, the on-chain economy is on track to generate $19.8 billion in fees for 2025. This indicates a shift toward sustainable, usage-driven economics across decentralized finance (DeFi) and Web3 ecosystems. Sponsored The State of the On-Chain Economy in 2025 In a recent report, 1kx.capital revealed that on-chain fees in 2025 are more than 10 times higher than in 2020, representing a compound annual growth rate (CAGR) of about 60%. Users spent $9.7 billion during the first half of 2025. This marked the highest first-half total on record and a 41% rise from the prior year. This figure even surpasses 2021, when fees reached $9.5 billion in the same period. “Back then fee generation was driven by billions of dollars in user-incentives, related speculation and a few costly PoW blockchains. Today fees are generated primarily by applications, led by financial use cases but expanding rapidly into DePINs, Wallets, and consumer apps (each with >200% YoY growth),” the report read. On-Chain Fee Growth in 2025. Source: 1kx.capital 1kx.capital added that the average transaction fee dropped by 86%, driven mostly by Ethereum (ETH). The network accounted for over 90% of the decline. As transaction costs fell, participation in the ecosystem accelerated. Sponsored Average daily transactions rose 2.7 times compared to the second half of 2021. The number of wallets making monthly transactions also surged to 273 million in the first half of 2025, a 5.3-fold increase. In parallel, the range of fee-generating protocols expanded, climbing from just 125 in 2021 to 969 in H1 2025. “Based on end of Q3 data, 2025 fees are projected at $19.8 billion – up 35% YoY, but still 18% below 2021…

The post ETH Near $3,800 Breakdown as Ethereum ETF Outflows Surge appeared on BitcoinEthereumNews.com. Key Notes Crypto market expert Ted Pillows noted that ETH price is at risk unless it regains strength above $4,000. 10x Research report shows that ETH demand among institutions and treasury firms is declining. Spot Ethereum ETFs recorded $184 million in outflows on October 30, led by BlackRock’s ETHA, which saw $120 million withdrawn. Ethereum ETH $3 862 24h volatility: 0.2% Market cap: $467.25 B Vol. 24h: $36.05 B price continues to face major selling pressure and investors are losing hope as bulls fail to defend the $4,000 levels. With an additional 3% drop today, ETH is at a make-or-break situation at the crucial support at $3,800. On the other hand, institutional demand is waning as outflows from spot Ethereum ETFs have surged again. Will ETH Price Crack Under Pressure? Amid the rising selling pressure, ETH price is testing the lows of $3,800, which is a crucial support for the largest altcoin. With bears taking the charge, Ethereum is on the verge of breaking down from the recent consolidation pattern, said analyst Mister Crypto. Any fall below the consolidation pattern can trigger further losses. $ETH is so close to breaking down… Let’s hope for a bounce here. pic.twitter.com/h4ea2Iz4P6 — Mister Crypto (@misterrcrypto) October 31, 2025   Other market experts are also sharing a similar view. Crypto analyst Ted Pillows said that Ethereum (ETH) has once again tested the key support zone near $3,700 and is currently showing signs of a short-term rebound. However, Pillows cautioned that the recent upward momentum appears weak, noting that ETH remains vulnerable unless it secures a daily close above $4,000. $ETH tapped the $3,700 support zone again and is now bouncing back. To be honest, the Ethereum pump isn’t looking very strong now. Until a daily close happens above the $4,000 level, expect more pain.…

The post Ethereum (ETH) Price Analysis for October 30 appeared on BitcoinEthereumNews.com. Most of the coins keep setting new local lows, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has dropped by 4.85% over the last day. Image by TradingView On the hourly chart, the rate of ETH is going down after breaking the local support of $3,839. If bulls cannot seize the initiative, the correction is likely to continue to the $3,750 mark. Image by TradingView On the longer time frame, the situation is also bearish. Traders should focus on the daily candle’s closure in terms of the support of $3,694.  You Might Also Like If it breaks out, the accumulated energy might be enough for a more profound drop to the $3,800 zone. Image by TradingView From the midterm point of view, there are no reversal signals yet. As the rate of the main altcoin is far from main levels, one should pay attention to the interim area of $4,000. Until the price is below that mark, bears keep controlling the situation on the market. In this case, there is a high chance of seeing a test of the $3,354 support soon. Ethereum is trading at $3,792 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-october-30

The post Ethereum (ETH) Price Under Pressure From Macro Headwinds Despite ‘Fusaka’ Upgrade News appeared on BitcoinEthereumNews.com. Ether slid, then bounced late as activity picked up and the trading range tightened, leaving nearby checkpoints in focus. ContextStocks fell as the S&P 500 closed down 0.99% at 6,822.34 and the Nasdaq Composite lost 1.57% to 23,581.14. The VIX rose to 17.22, up 1.77% on the day. Macro tone also stayed cautious after Fed Chair Jerome Powell said at his Oct. 29 FOMC press conference that a December rate cut was not assured. The U.S. Dollar Index (DXY) climbed to 99.52 on Oct. 30 from 98.57 on Oct. 28, while U.S.-China talks remained without a trade deal despite upbeat comments from President Donald Trump about meeting Chinese President Xi Jinping. Ethereum core developers scheduled the Fusaka upgrade for Dec. 3 following the network’s biweekly coordination call on Oct. 30. Technical analysis highlights The following is based on CoinDesk Research’s technical analysis data model. Move vs market: Ether’s retreat from the $3,921 area tracked a broader crypto slide, with institutional flows turning negative at resistance. Path and range: The session traced a bearish structure, falling from $3,921.43 to $3,731.00 for a $230.31 range (about 5.9%). Breakdown locus: The decisive push lower came when $3,880 gave way, alongside a peak 443,415 print, about 103% over the 24-hour norm. Late bounce: From $3,731, ether climbed 1.35% to $3,771.82 and broke back above $3,760, which had capped earlier attempts. Participation: Session volume ran 32% above the seven-day average. What the patterns suggest Breakdown, then test: Losing $3,880 confirms sellers were active at that ceiling; reclaiming $3,760 is the first sign buyers pushed back. Range behavior: With lower highs overhead and a higher low off $3,731, the model flags range-bound trade between $3,730 to $3,880 near term. Tone of the bounce: Recovery came on moderate flows, which looks like measured buying rather than a…

Ethereum's chart shows a tug-of-war between fear and fundamentals. While traders short heavily, analysts see opportunity building.

Ethereum (CRYPTO: ETH) has dropped about 10% over the past month, sparking doubts about the sustainability of its rally as some traders short the altcoin.read more