AVAX price down 9.75% on geopolitical tensions, but technicals saw it coming

Big companies are jumping on the Ethereum bandwagon like never before—snapping up a whopping 550,000 ETH in just one month. This surge in corporate buying lines up with crypto’s broader rally, where the total market cap briefly topped $3.8 trillion. The demand for ETH isn’t slowing down, signaling strong institutional confidence in the asset.

Editor’s Note: This isn’t just another crypto hype cycle—it’s a sign that major players are treating Ethereum as a serious treasury asset, much like Bitcoin in recent years. That kind of institutional backing could mean more stability (and maybe higher prices) for ETH down the line. For everyday investors, it’s a signal that crypto’s big-league adoption is still growing.

Ethereum is on a roll, breaking past the $3,020 mark and holding strong around $3,050—even outpacing Bitcoin lately. While it might dip slightly to retest support at $3,040, the overall trend looks bullish, especially after clearing a key resistance level.

Editor’s Note: Ethereum’s recent surge isn’t just a blip—it’s a sign that investors are betting big on ETH, possibly due to upcoming upgrades or broader crypto momentum. If it stays above $3,000, this could be the start of another rally, making it a hot topic for traders and crypto watchers.

Former President Trump claims Congress will pass the GENIUS Act—a bill whose details remain vague but appears tied to tech or economic policy—during a vote scheduled for tomorrow morning. The announcement comes with typical Trumpian confidence, though skeptics might question whether the legislation has the bipartisan support he suggests.

Editor’s Note: If the GENIUS Act moves forward, it could signal a rare moment of legislative action in a divided Congress—or just another political headline that fizzles out. Either way, it’s worth watching to see if this actually gains traction or gets lost in Washington’s usual gridlock. The name alone ("GENIUS") guarantees chatter, even if nobody’s sure what’s in it yet.

Cantor Fitzgerald, led by Brandon Lutnick, is reportedly close to snapping up a massive $3.5 billion worth of Bitcoin—around 30,000 BTC—from Adam Back’s Blockstream Capital. The deal would happen through a SPAC merger, a backdoor route to go public without the usual IPO hassle.

Editor’s Note: This isn’t just another big Bitcoin buy—it’s a signal that institutional players are still doubling down on crypto, even after the market’s ups and downs. A $3.5B bet from a heavyweight like Cantor Fitzgerald could shake up confidence (and prices) in the space. Plus, SPAC deals like this show how Wall Street is finding creative ways to dive deeper into digital assets.

A mysterious Bitcoin whale—someone who's held a massive stash since 2011—just woke up and moved half their fortune (40,009 BTC, worth about $4.68 billion) to Galaxy Digital, a major crypto trading firm. The sudden transfer sent shockwaves through the market, especially since the wallet had been dormant for over a decade. Galaxy then funneled a chunk of it ($706 million worth) straight to Binance, hinting at possible selling pressure.

Editor’s Note: This isn’t just another big crypto transaction—it’s a relic from Bitcoin’s early days suddenly coming to life. When a long-dormant whale moves coins, it rattles traders because it could signal a major sell-off or strategic shift. Given Galaxy’s quick move to Binance, the market’s bracing for potential downward pressure. For crypto watchers, it’s a reminder of how fragile prices can be when OG holders decide to cash out.