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Amid a changing regulatory landscape, SEC Chair Paul Atkins has revealed that the Commission does not consider Ethereum to be a security. His comments come amid a buying frenzy for ETH by corporate entities as the asset erases losses from the first half of 2025. Paul Atkins Says Ethereum Is Not A Security US SEC
The post Ethereum Is Not A Security, SEC Chair Paul Atkins Confirms appeared first on CoinGape.
Ethereum’s price rally in May reignited investor interest in ETH-backed exchange-traded funds (ETFs). During the 31-day period, capital inflows into these investmemt products exceeded $550 million, marking the highest monthly netflow into ETH ETFs since the year began.
While the coin’s price has witnessed a pullback over the past week, technical indicators hint at a possible near-term rebound.
According to data from SosoValue, ETH spot ETFs recorded a combined inflow of $564.18 million in May, surpassing all previous monthly totals this year.
The influx of capital was largely driven by ETH’s strong performance, with the leading altcoin breaking above the critical $2,000 level and attempting to consolidate gains above $2,500 during the month. This renewed bullish sentiment encouraged institutional investors to increase their exposure through spot ETFs and position ahead of a sustained rally in the coin’s price.
Readings from the daily chart show that ETH witnessed a 49% surge between May 8 and May 13, before settling into a consolidation phase that has now formed a bullish pennant pattern.
A bullish pennant pattern is formed when a strong upward price movement (flagpole) is followed by a period of consolidation that resembles a small symmetrical triangle (the pennant). This pattern suggests that buyers are temporarily pausing before continuing the uptrend.
If ETH breaks out of the pennant to the upside, it could trigger a renewed rally that mirrors the initial 49% surge. Such a breakout would confirm continued bullish momentum and attract additional capital inflows.
Moreover, the coin’s funding rate continues to print values above zero, indicating a preference for long positions even amid the ongoing consolidation phase. As of this writing, ETH’s funding rate stands at 0.0046%.
A positive funding rate like this means that long-position holders are paying short-position holders, indicating bullish sentiment and that more traders are betting on price increases.
ETH currently trades at $2,489, sitting above the lower line of its pennant, which forms support at $2,479. If a bullish breakout occurs, ETH’s price could rally by the flagpole’s length (49%) to trade at $3,907.
However, if selloffs resume, the coin’s price could break below the pennant and trade at $2,419.
The post Ethereum ETF Inflows Hit 2025 Peak — How Will ETH Price React? appeared first on BeInCrypto.
The post With Wall Street in Chop Mode, This Memecoin Flashes Early Bull Signals appeared first on Coinpedia Fintech News
Wall Avenue is in complete chop mode—sideways movement, susceptible momentum, and no clear direction. Traders are stressed, sidelined, and itching for volatility. That’s why smart speculators are transferring into meme cash, where double-digit movements show up day by day. Right now, one low-cap gem is flashing extreme early bull signals: BeerBear.
Chainlink (hyperlink) once had the hype. It had the narrative. However now? Useless charts. No pleasure. No juice. It’s been stuck in consolidation hell for months, and buyers searching out severe upside are starting to bail. Speculators aren’t right here for “strong fundamentals” anymore—they’re right here for hype, community-pushed momentum, and rapid flips.
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Wall Street is boring. A hyperlink is asleep. BeerBear is alive, pumping, and on the verge of a full-blown breakout. That is the kind of setup that turns some hundred greenbacks into five figures— in case you’re rapid enough to trap the wave.
The post With Wall Street in Chop Mode, This Memecoin Flashes Early Bull Signals appeared first on Coinpedia Fintech News
Wall Avenue is in complete chop mode—sideways movement, susceptible momentum, and no clear direction. Traders are stressed, sidelined, and itching for volatility. That’s why smart speculators are transferring into meme cash, where double-digit movements show up day by day. Right now, one low-cap gem is flashing extreme early bull signals: BeerBear. BeerBear’s Early Momentum Crushes …
China has denied any talks between Donald Trump and Xi Jinping regarding tariffs, a development that has again cast more uncertainty amid the ongoing trade war between the two countries. The crypto market sharply dropped following this report, as the tariff war still lingers in the back of market participants.
The crypto market dropped as the Chinese embassy denied tariff talks between Donald Trump and China’s President, Xi Jinping. The embassy told the US to stop creating confusion, as market participants question where exactly both countries stand on the ongoing trade war.
The Bitcoin price and other altcoins had rebounded following Trump’s TIME Magazine interview in which he stated that he spoke with President Xi Jinping regarding tariffs. However, the market dropped following China’s denial of any talks between the two countries.
It is worth mentioning that this is not the first time China has contradicted statements made by Trump and the US. As CoinGape reported, the US President remarked that they were having active daily talks, which China quickly denied, stating that both countries had made no progress regarding the trade war.
Despite the crypto market surge, led by Bitcoin, which broke above $90,000, market participants are undoubtedly still bothered by the ongoing US-China trade war. At the moment, the US has imposed 145% tariffs on Chinese goods, while China has retaliated by imposing 125% tariffs on US goods.
Despite this setback for the crypto market, Bitcoin and other altcoins look likely to sustain their bullish momentum if the US Dollar continues to weaken, as investors view BTC and Gold as a safe haven.
Experts remain bullish on Bitcoin’s trajectory. Renowned financial author Robert Kiyosaki predicted that the BTC price can still reach between $180,000 and $200,000 this year. Cathie Wood’s Ark Invest also recently released a report, predicting a base case of at least $710,000 per BTC by 2030. The broader crypto market will also rally as BTC reaches these heights.
The post China Denies Tariff Talks Between Donald Trump & Xi Jinping, Crypto Market Reacts appeared first on CoinGape.