Crypto staking company, Figment, claims it is on the hunt for acquisition targets in the blockchain and crypto sector. It is currently eyeing $100 million to $200 million deals as crypto mergers spike. According to a recent Bloomberg report, the…

Crypto staking firm Figment eyes $100m to $200m acquisition deals with ‘smaller providers’

Ethereum&#8217;s price action this week has been very notable, with the leading 
altcoin breaking above $2,800 again for the first time in four months. 
Ethereum managed to break above the $2,800 mark for the first time since 
February, briefly touching $2,870 before pulling back slightly. Related 
Reading: Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target 
Two separate analyses by crypto strategist Crypto Patel on the social media 
platform X suggests Ethereum is now on the right track. The first, based on an 
8-hour chart, highlights a rally toward $4,000. The second, using a long-term 
two-week timeframe, outlines a bullish setup that could send Ethereum soaring 
to $10,000 and beyond. Ethereum’s Breakout From Sideways Consolidation Zone In 
a recent analysis shared on X, a crypto analyst known as Crypto Patel 
highlighted Ethereum’s attempt to break out of its established range. Using 
the 8-hour candlestick chart, he pointed out how the Ethereum had spent many 
weeks since early May trading between clear support at $2,366 and resistance 
around $2,734. The breakout seen on the chart occurred just above this 
resistance zone, when Ethereum briefly pushed past $2,800 before facing some 
rejection. If this breakout holds above $2,800, Ethereum could initiate a 
steep upward rally toward the $3,500 to $4,000 region in the coming weeks. 
Crypto Patel noted the importance of watching whether Ethereum sustains above 
the $2,750 breakout line, as a successful confirmation could trigger an influx 
of bullish momentum. Ethereum’s To $10,000 In The Long-Term In a follow-up 
post analyzing a much larger timeframe, Crypto Patel shared a two-week 
candlestick chart that mapped Ethereum’s longer-term structure since 2018. The 
chart revealed a well-defined bullish setup, including a bounce from a key 
bullish order block around $1,400 in April. This bounce acted as a support 
level, with the resulting candlestick being a bullish one that broke through 
another order block between $1,700 and $2,500. Related Reading: Ethereum Price 
Eyes 38% Jump To $3,500 As 50EMA Swims Into View Patel pointed out that 
Ethereum is now showing signs of a long-term bullish continuation pattern. 
With support levels already locked in for the next bear market, the analyst 
projected a target above $10,000, citing a 438% upside potential from current 
price levels. The chart also marks $2,500 as a structural pivot point, with 
Ethereum’s ongoing upward trajectory expected to strengthen if this support 
level continues to hold. Therefore, the path to $10,000 will depend on 
Ethereum’s ability to turn its recent resistance break into sustained 
momentum. The $2,800 region must now serve as a support base rather than a 
resistance ceiling. However, this has failed to really materialize in the past 
24 hours, as Ethereum is currently down by a massive 9.6%. The ensuing price 
action has seen the leading altcoin now back trading within this consolidation 
range. Failure to hold above $2,500 could cascade to more losses over the 
weekend until it closes on $2,366 again and probably initiate another bounce 
from here. Featured image from Getty Images, chart from Tradingview.com

Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke

Bitcoin’s flash crash could be followed by a 64% rally if historical data 
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Bitcoin flash crash presents prime buy opportunity if historic pattern repeats

On Friday, around 2 p.m. Eastern time, reports show that Iran has begun 
counterstrikes firing “hundreds” of ballistic missiles toward Israel. Wall 
Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught CNN reported 
that the Israeli military said it identified incoming missiles launched from 
Iran, and the news station heard the explosions in Tel Aviv […]

Iran Unleashes Missile Blitz on Israel—Dow Tanks Over 800 Points

Avalanche was hot hard by Middle East tensions, with technicals not going in 
its favor.

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Roughly two years after the initial indictment, the Tornado Cash developer’s 
criminal trial is expected to begin on July 14.