Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks

Ethereum price 'bear flag' could sink ETH to $2K after 20% decline in three weeks

Ethereum’s native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern. Ethereum price ‘bear flag’ setup activated Dubbed “bear flag,” the …

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Ethereum Foundation treasury expands non-crypto assets to 19%

Ethereum Foundation treasury expands non-crypto assets to 19%

The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets. In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the current total ETH supply, amounting to roughly $1.3 billion which …

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