Despite the much-awaited Ethereum ETF launch, Solana, Helium, and MEW outshine as best best-performing top altcoins with impressive gains and speculative future growth.
US politics could dictate near-term trends for BTC and the broader crypto market on Saturday, with Trump attending Bitcoin 2024.
Macro guru and Real Vision CEO Raoul Pal believes that Solana (SOL) will furiously outpace Bitcoin (BTC) this cycle. In a new YouTube strategy session, Pal says that Solana could be printing a classic bullish inverse head and shoulders pattern (I-HNS) pattern against Bitcoin.
Can these factors help Solana decouple from the rest of the market?
The price of Binance (BNB) coin fell and broke below the 50-day SMA support. The bearish momentum continued until it made a low above the 21-day SMA.
Meme coin trading on the Solana network has exploded over the last year, with the likes of BONK, Dogwifhat, and POPCAT going from below $1 million to over $1 billion in market cap. There have been other successful coins as well running into the hundreds of millions in market cap.
Ethereum's Buterin continues to lead the discourse on the important tech conversations of the day.
Ethereum rebounds off support, showing strong bullish momentum and a potential breakout.
The recent launch of spot Ethereum ETFs was supposed to be a game-changer. However, it seems investors are more interested in Bitcoin, leaving Ethereum in the dust.
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a significant downturn. After failing to break through a key resistance zone, ETH has seen a dramatic 8% decline, raising concerns about its near-term prospects.
SOL's price charts have been accumulating a lot of positive momentum lately. Does that mean much?
Solana (SOL) finds itself grappling with intense selling pressure. With the price of SOL hovering around $170, investors are concerned about the potential for further declines.
Cryptocurrency payment gateway CoinGate has released a report outlining the current stage of crypto payments on its platform. The crypto platform has also declared Shiba Inu (SHIB), Solana (SOL) and Litecoin (LTC) as leading coins for crypto payments.
Probably the most-talked about things in the crypto industry right now are exchange-traded funds (ETFs). With spot Ether ETFs hitting the U.S. markets, everyone's asking: “What's the next big crypto to get its own ETF?
Binance Coin (BNB), a leading cryptocurrency, is currently navigating a critical juncture as it trades around its 50-day Simple Moving Average (SMA) while showing signs of trending towards its 20-day Exponential Moving Average (EMA). This movement has raised considerable interest and speculation among traders and investors, as BNB's next move could signal significant market shifts.
This week, the crypto industry saw the launch of spot Ethereum ETFs, a big step for the market. Nine companies, including Franklin Templeton and VanEck, got the green light from the SEC to introduce these ETFs.
Crypto prices are bouncing back after two rough days. Bitcoin climbed over 5%, hitting $68,151, and Ethereum rose 3% to $3,270 at press time.
The total stablecoin supply has increased to around $170 billion, with USDT and USDC remaining dominant.
Grayscale's Ethereum Trust ETF witnessed a massive outflow of $113.3 million on its second trading day, raising eyebrows across the cryptocurrency market. This significant withdrawal comes amid a backdrop of fluctuating investor confidence and market volatility, casting a shadow over Ethereum's prospects.
Solana adopts restaking technology to enhance security and flexibility, promising faster and more decentralized dApps.
Despite the successful launch of spot Ethereum (ETH) exchange-traded funds (ETFs) this week, hopes for the possible advent of other altcoin ETFs seem far-fetched. This is after an executive at the world's largest asset management firm, BlackRock, indicated that the Ether ETFs are unlikely to open the door to highly regulated funds that track the prices of other altcoins such as Solana's SOL, Ripple's XRP, or Shiba Inu (SHIB).
Cryptocurrency markets are trading higher as the Bitcoin Conference awaits Donald Trump‘s keynote speech on Saturday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,835 +5% Ethereum (CRYPTO: ETH) $3,265 +5.2% Solana (CRYPTO: SOL) $182.9 +8.5% Dogecoin (CRYPTO: DOGE) $0.1336 +10.5% Shiba Inu (CRYPTO: SHIB) $0.00001689 +6% Notable Statistics: IntoTheBlock data shows a marginal increase in transactions greater than $100,000 from 7,583 to 7,838.
Solana (SOL) has managed to climb to fourth spot on CoinMarketCap after surpassing BNB. The two major cryptocurrencies are both currently valued at $84.8 billion, with SOL having a slight edge.
The cryptocurrency market is currently experiencing significant pressure, with Bitcoin (BTC) and Ethereum (ETH) leading the decline. This comes amid a broader sell-off in global equity markets, highlighting the interconnectedness between traditional financial markets and digital assets.
Swiss-based Laser Digital, the digital asset subsidiary of Japanese investment bank Nomura, is reportedly planning to introduce an alternative to spot ETH ETFs.
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Nine spot Ethereum ETFs started trading on U.S. exchanges Tuesday, marking another milestone in the digital assets market. These ETFs, now available on Cboe, NYSE Arca, and Nasdaq, were introduced by major financial firms, including BlackRock, Fidelity, and Grayscale.
The crypto market saw significant developments this week with the launch of spot Ethereum exchange-traded funds (ETFs) in the US and the highly anticipated Bitcoin 2024 Conference.
The start of US spot Ethereum exchange traded funds has been quite strange. After the SEC approval, 8 out of 9 ETFs began trading on Tuesday. While one ETF saw heavy inflows, Grayscale's converted fund, ETHE, experienced significant outflows. Let's find out why Grayscale, a management firm, is facing such outflows.
After 6.6 years, the Ethereum Foundation wallet activates, sparking speculation on the Foundation's strategy amid minimal recent sales.
Celebrity memecoins on Solana have become a dime a dozen this cycle, but data shows investors hardly see returns.
Stay updated with the latest crypto events: Bitcoin 2024 conference boosts BTC, Ethereum sees a rise in active addresses, and Ferrari introduces crypto payments. Discover the potential growth of Bitcoin and Ethereum.
Crypto trader and analyst CrediBULL Crypto predicts a possible downturn for Ethereum (CRYPTO: ETH), while Bitcoin (CRYPTO: BTC) demonstrates strength. What Happened: CrediBULL Crypto noted that Ethereum is halfway to its downside target, while Bitcoin is showing obvious strength against the altcoin.
A widely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a parabolic move. In a new strategy session, crypto trader Ali Martinez tells his 68,300 followers on the social media platform X that Solana (SOL) could put up a more than 400% gain based on historical precedence.
Here's why ETH correlation to BTC post-ETF pattern in Q1 is raising a 90% rally speculation.
Bitcoin's recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news' event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and could see further decline from here, according to an analysis from Matrixport.
Solana (CRYPTO: SOL) celebrity meme coins, are for the most part down 90% or more, according to a researcher. What Happened: Anonymous researcher Slorg highlighted 30 celebrity meme coins launched on Solana in June.
If Ethereum ETFs can't get traction, altcoins won't either.
So far, the Solana (SOL) ecosystem has been recognized as one of the breakout sectors of the crypto economy in 2024. This breakout was one reason the SOL price registered notable gains in excess of 65% in March.
Investor enthusiasm for new Ethereum ETFs has quickly waned, with massive outflows and volatile trading dominating the early days.
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Bitcoin scaling protocol QED on Friday proposed a major upgrade for Dogecoin. This change could transform the memecoin network into a high-speed platform capable of running complex decentralized apps, similar to Ethereum or Solana.
Only the Grayscale Ethereum Trust (ETHE) saw a net outflow of $346.22 million. The total daily trading volume of the spot ether funds was around $860.8 million.
Eric Balchunas, senior ETF analyst at Bloomberg, has some good news for market participants who are disappointed by the seemingly underwhelming performance of Ethereum ETFs.
Ethereum price showed a slight increase in the past day after recent dips. The token's daily trading volume declined by 8.49% according to CMC data.
Since June, trade volume for Binance Coin (BNB) has surged almost 6,000%. Several important events inside the Binance ecosystem that have attracted the interest of both market watchers and investors will help to explain this explosive rise.
Arbitrum's Decentralized Autonomous Organization (DAO) is reviewing a proposal to expand the network's Orbit Chain to other blockchains beyond Ethereum. Expansion program In January, the Arbitrum Foundation introduced the Arbitrum Expansion program to extend its Orbit Chain to other Ethereum-based chains.