Ethereum derivatives unfazed by DeFi hacks: Can ETH hit $2.6K next?
Ethereum derivatives show professional traders remain confident despite recent DeFi protocol hacks and macro headwinds. ETH futures funding rates and options data suggest institutional buyers aren't capitulating, supporting a potential $2,600 target. Ethereum's dominant 53% TVL market share and $11.6 billion in spot ETF assets provide foundation for continued strength, though investor sentiment faces headwinds from Foundation sales and security exploits.
Coins in this story
Explore how ETF is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship
Bitcoin Magazine Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, cleared a key Senate hurdle Tuesday, putting a bitcoin-friendly former Fed governor one vote away from becoming the most powerful central banker in the world. This post Senate Con...
The Ethereum Foundation unveils new 'Clear Signing' standard to stop users from approving malicious crypto transactions
The move comes after billions in losses from phishing attacks and wallet drains, with Ethereum pushing to make transaction approvals safer and easier to understand....
