Crypto

Ethereum at $2,400 crossroads as whales cut holdings and smart money buys

Ethereum is at a turning point near $2,400, with $2,397 flagged as the key short-term level. It is trading around $2,355 near the 100-day EMA and remains in an upward channel since a Feb. 24 low near $1,800. The smart money index is rising above zero, but whale holdings excluding exchange balances fell by about 170,000 ETH in 24 hours. Open interest and funding rates also turned more cautious.

Crypto

European companies' bitcoin treasury strategies take local approach, making Strategy model hard to copy

European companies' bitcoin treasury strategies are likely to be difficult to replicate directly from Michael Saylor's Strategy model, an analysis said. Firms are designing separate bitcoin-linked financing structures amid shallower capital markets and stricter regulation than in the United States. Speakers at Paris Blockchain Week 2026 said differences in market size, rules and investors make direct copying hard. Holdings are rising but remain fragmented among small and mid-cap companies, with several reporting unrealised losses.