Daily Crypto News Summary: Bitcoin Hits Resistance, Ethereum Shows Significant Signs, and Privacy Coin Wars Evolve

Cryptocurrency Market Today: Notable Changes to Watch

Main Highlights Today:

• Ethereum Breaks Out of the Abyss! Surges past $3.35K with cyclical recovery signals reminiscent of 2019
• Monero Winks! Surpasses $500 while Zcash struggles amid organizational crisis
• Crypto whale BitMine connects over 1 million ETH, generating $94 million annually
• High Prediction: Bitcoin expected to reach millions of dollars by 2026 if major investors return to the scene

Ethereum Unlocked! Understanding the recovery signals transforming the perception of Ether

Amid concerns, Ethereum has turned its story around as the price breaks out from the last low seen in April 2025. Currently, ETH is at $3.35K, up 1.88% in the past 24 hours. Analysts tracking the Michael Van De Poppe pattern warn that this movement is based on connected fundamentals, not just price speculation.

Stablecoin inflows into the Ethereum network increased by 65% throughout 2025, indicating real cash readiness. Meanwhile, real-world assets converted into tokens (Real World Assets) continue to expand. These are distributed across Ethereum and Bitcoin ecosystems, bouncing back strongly. This could mark the beginning of a new era for smart contract platforms.

Insight: Fear is the best guide. If history repeats, seeking refuge in this zone is the first step before a major rebound.

Privacy Coin Battlefield: Monero Dethrones Zcash

The privacy-focused coin landscape is changing rapidly. Monero (XMR) broke through the $500 level for the first time since 2021. Meanwhile, Zcash (ZEC), priced at $440.97, up 5.22% in 24 hours, is struggling with internal organizational issues.

The Electric Coin Company, Zcash’s behind-the-scenes team, faces mass layoffs due to workplace environment problems, causing its price to drop over 20%. Investors are shifting towards Monero as a more trusted alternative.

Grayscale and Coinbase reports indicate increasing demand for financial privacy, coinciding with tightening regulations. A clear example is XMR reaching the critical $520 mark, acting as a psychological resistance zone. Confidence that a successful breakthrough could target $775.

Insight: The crisis of trust in rival organizations becomes a victory for the entire privacy coin market. Just beware of profit-taking at key psychological resistance levels.

BitMine Builds Cash Empire: 1 Million ETH and $94M Annual Revenue

BitMine Immersion Technologies announced a major milestone with over 1 million ETH staked, worth $3.3 billion. This is not just a number but a strategic shift.

Analyst Nic Puckrin sees this move as transforming the company into a revenue-generating machine, earning approximately $94.4 million annually from staking, more than just holding Bitcoin. Despite stock prices falling from their 2025 highs, CEO Tom Lee has proposed expanding the stock offering to open doors for retail investors at $25.

Insight: Converting assets into cash flow is the most sustainable hedge. BitMine makes holding Ethereum not just a skill but a stable income source.

Bullish: Bitcoin Could Reach Millions if Elon Musk Moves

Jan3 founder Samson Mow floated the idea that Elon Musk will fully re-invest in Bitcoin by 2026 after selling off in 2022. The target price of $1.33 million may be too high for conservative ears.

Currently, Bitcoin (BTC) is at $96.68K. Supporting this prediction are widespread acceptance at the national level and Bitcoin bonds shifting from fractions to a major force. However, Matt Hougan of Bitwise disagrees, believing the market will develop gradually, not in one big leap, dismissing overly optimistic forecasts.

Insight: The million-dollar prediction sounds exaggerated, but if real action occurs, combined with influential players shaping the financial world, this wave could shake the entire contract landscape.

Fear and Greed Index Today

Fear and Greed Index: 27

Reflecting that the market remains in fear mode despite some positive signals.