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$ETH Creator Back as a Billionaire as Prices Soar * What happened: Vitalik Buterin, the co-founder of Ethereum, is once again a billionaire in terms of his cryptocurrency holdings. This happened because the price of Ethereum's coin, Ether ETH, shot up past $4,200. * Why: A company that tracks crypto wallets (Arkham) reported that the value of Buterin's known crypto assets jumped over $1 billion. This surge came just days after Ether broke through $4,000 for the first time in over eight months (since December 2024). * His holdings: Buterin mainly holds a large amount of Ether (around 240,000 ETH), plus smaller amounts of several other cryptocurrencies. * Market excitement: Crypto traders are very optimistic. Ether's price jumped another 6% on Saturday, reaching as high as $4,332. Many believe Ether's price is set to hit a brand new all-time high very soon. * Current price: As of the report, Ether is trading around $4,244. * Bitcoin note: While Ether surged, Bitcoin's dominance in the overall cryptocurrency market decreased slightly. In short: Thanks to a big jump in the price of Ether, Ethereum's creator Vitalik Buterin is once again considered a billionaire based on his publicly known cryptocurrency holdings, and traders think Ether's price could keep climbing to record levels. #ETHETFsApproved #ETH4500Next? #BinanceSquareFamily #ETH4500Next?
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The world is built on hope.
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Bitcoin is still in a bull run, but showing some signs of slowing down. Here's the breakdown: 1. Price is Up: - BTC is currently $118,000 (+0.90% recently). - It broke $117,000, which is a positive sign. 2. Strong Momentum Bullish Signs - The price is well above key averages (EMAs at $116,494, $115,877, and $109,033). This shows strong upward momentum. - The RSI 64.79 is healthy – not too high (not "overbought") yet. 3. Minor Warning Signs Caution: - The MACD indicator (blue line below chart) is negative (-84.19). This means the very short-term momentum has slowed a bit recently. - It hasn't broken its recent high ($118,741) yet today. 4. Key Levels to Watch: - Support (Floor): Around $116,500 (the 7-day average). If it stays above this, the bull run looks solid. - Resistance (Ceiling): Near $118,750 (today's high). Breaking above this could signal a push towards $120,000+. in short: Yes, Bitcoin is still in a bull run – it's near 8-month highs and holding strong. However, the slight dip in short-term momentum (shown by MACD) suggests it might pause or pull back a little before potentially trying to break new highs. Watch if it can stay above $116,500 and break $118,750. Note: This is based only on this single chart snapshot. Real markets need more context! $BTC $ETH #BTC突破7万大关 #BitcoinTreasuryWatch
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I had a market update yesterday that Bitcoin would cross 16,800.
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