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CRYPTOOndo scraps its layer-1 blockchain plan for an offchain execution networkJul 28, 2026
TECHSK Hynix's near-15% plunge pulls Micron and Nvidia lower in premarket chip sell-offJul 28, 2026
ENERGYiPad Air M3 1TB cuts to $749 at Best Buy, erasing 40% of its sticker after Apple's price hikesJul 28, 2026
$ETHBitmine adds nearly 10,000 ETH to treasury, cumulative buybacks hit 11.6 million shares under $4 billion programJul 28, 2026
MACROSK Hynix shares deepen slide to 12% as selling pressure holdsJul 28, 2026
MACROSingapore birth rate hits post-independence lowJul 28, 2026
EARNINGSAI bond stress widens as Meta, Microsoft earnings approachJul 28, 2026
MACRONasdaq futures fall 0.5%, S&P 500 futures slip in pre-market tradeJul 28, 2026
CRYPTOOndo scraps its layer-1 blockchain plan for an offchain execution networkJul 28, 2026
TECHSK Hynix's near-15% plunge pulls Micron and Nvidia lower in premarket chip sell-offJul 28, 2026
ENERGYiPad Air M3 1TB cuts to $749 at Best Buy, erasing 40% of its sticker after Apple's price hikesJul 28, 2026
$ETHBitmine adds nearly 10,000 ETH to treasury, cumulative buybacks hit 11.6 million shares under $4 billion programJul 28, 2026
MACROSK Hynix shares deepen slide to 12% as selling pressure holdsJul 28, 2026
MACROSingapore birth rate hits post-independence lowJul 28, 2026
EARNINGSAI bond stress widens as Meta, Microsoft earnings approachJul 28, 2026
MACRONasdaq futures fall 0.5%, S&P 500 futures slip in pre-market tradeJul 28, 2026
News/Crypto · $ETH

Ethereum Trades 30% Below 200-Week SMA as Tom Lee's Bitmine Nears Possible Buying End

Ethereum ($ETH) is currently trading 30% below its 200-week simple moving average, a long-term technical level that historically signals deep cyclical troughs in crypto markets. Compounding the price picture, Bitmine — the firm tied to…

By Sofia Almeida·Jun 16, 2026·1 min read·crypto·$ETH
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