Tag: surges

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 39.1% year-on-year increase in third-quarter net profit, reaching NT$452.3 billion ($14.76 billion), its highest on record and above market expectations. Analysts had projected around NT$417.7 billion, according to LSEG SmartEstimate data. The world’s largest contract chipmaker, whose key clients include Nvidia and Apple...

You are here: Home / News / Ethereum Surges Above $2,800 After Strong Support Rebound Ethereum surged past $2,800 after rebounding strongly from the $2,483 low support zone. Open interest exceeded $40 billion, signaling high leverage and increased volatility risks ahead. Bulls face key resistance at $2,850–$2,880; breakout may trigger a rally toward $2,920. Ethereum

In recent days, Ethereum (ETH) has staged a notable breakout, ascending from the $2,000 mark to $2,500 in under a week. This sharp rally is backed by strong on-chain accumulation signals, shrinking exchange balances, and an influx of investor confidence that has found its way — in no small part — into Ethereum-based exchange-traded funds