New reports have revealed that BlackRock, the world's largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.
The price of Ethereum (ETH) has been moving steadily below the moving average lines since October 1. ETH has held above the support levels of $2,300 and $2,400.
The weekend has started positively for most of the coins, according to CoinMarketCap.
The Ethereum Foundation launches five six-month research fellowships focusing on unexplored Ethereum use cases. Applications are open until November 15, 2024.
Ethereum currently trades at $2,463.82 with a 2.13% daily increase. A $Neiro trader missed a 16,690x potential return after selling early.
Recent findings from blockchain security company Scam Sniffer indicate that a user recently lost 15,079 fwDETH, valued at approximately $35 million, due to a phishing scam.
In a significant development, Coinbase's Layer 2 blockchain, Base, is on the verge of surpassing Arbitrum as the largest Ethereum Layer 2 by total value locked (TVL), a cryptocurrency metric used to measure the total value of digital assets locked or staked on a particular decentralized finance (DeFi) platform.
A balanced and predictable fees structure for both Layer-1 and Layer-2 solutions on Ethereum (ETH) is inevitable for the ecosystem, Ethereum (ETH) co-founder Vitalik Buterin says. A number of fee sharing models might be helpful in protecting Ethereans from "mixed economy" with extremely volatile tax rates.
Will fragmentation tear Ethereum's booming ecosystem apart? Vitalik Buterin urges “alignment,” but is it too late?
Ethereum's recent proposal, EIP-7781, sets out to enhance speed across the network. This modification reduces block times, significantly increasing transaction capacity by 50%. As Ethereum enhances its performance, Bitget Wallet delves into innovative territories with Grass AI, offering users a way to gain by sharing their spare bandwidth.
Seasoned pseudonymous DeFi commentator who goes by @FigoETH on X shares his reasons to be bullish on Ethereum (ETH) in the long run. He indicates eight theses to debunk the anti-ETH FUD triggered by the upcoming launch of Uniswap's own blockchain.
The potential sale of $1.3 billion worth of Ethereum (ETH) linked to the notorious Plus Token scam have stirred up anxiety within the cryptocurrency community. As investors closely monitor these events, a pressing question arises: how might this massive sell-off impact the price of Cardano (ADA), one of the leading alternatives to Ethereum?
The SEC has postponed its decision on listing spot Ethereum ETF options, moving the deadline to December 3.
The new spot Ethereum ETFs are having trouble gaining traction. Should you be concerned?
A cryptocurrency analyst and trader is saying that Ethereum (ETH) is primed to fall to levels last recorded in late 2023. The analyst pseudonymously known as Capo tells his 104,092 Telegram subscribers that Ethereum could fall by over 26% from the current level. “Ethereum has been ranging between $2,000 and $2,800 for two months.
The U.S Securities and Exchange Commission has again delayed the decision about another crypto listing. According to the October 11 filing, the commission has delayed decisions about options tied to Ether exchange traded funds (ETFs). Let's explore what investors were hoping and what is happening.
LookOnchain revealed that BlackRock sold 182 Bitcoin worth $11.34 million. The analytics firm added that the BlackRock hedge fund currently holds over 369,640 BTC.
The SEC has once again delayed its decision on listing options tied to spot Ethereum exchange-traded funds (ETFs),
ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the layer-1 blockchain space in an Oct. 8 report. As Ethereum faces mounting competition from newer blockchains, the report highlighted the importance of evaluating the market's recent conditions and long-term performance.
Ethereum is flat at press time, moving inside a narrow $400 range with caps at $2,300 on the lower end and $2,800 as the upper limit. Even though investors are upbeat, expecting prices to soar in the coming sessions, uncertainty continues to engulf the market.
In the early days of Ethereum, many crypto enthusiasts look back and marvel at how they missed the opportunity when Ethereum was trading for less than $1. Back then, blockchain was a relatively unknown technology, and the thought of Ether becoming one of the world's top cryptocurrencies seemed far-fetched.
The Ethereum market is under intense selling pressure as the Chinese government moves 7,000 ETH worth $16.7 million from wallets seized in the infamous Plus Token scam. This development has caused the Ethereum price to drop below $2,400, fears of a potential larger selloff that could drive prices even lower.
Bitcoin and Ethereum exchange-traded funds (ETFs) have recently experienced substantial net outflows. This trend indicates a growing sense of caution among investors amid rising market volatility and fluctuating asset prices.
The securities regulator authorized Bitcoin options to list on BlackRock's spot BTC ETF in September.
The cryptocurrency market has been on the rise again, with Bitcoin at the forefront. Last week, Bitcoin climbed above $64,000, reaching hitting a four-week high.
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.
Uniswap's native token, UNI, ignored a stagnant crypto market and surged by more than 12% on Thursday as the decentralized exchange (DEX) project announced a new Ethereum (ETH) layer-2 project. Uniswap Labs says the new project, called “Unichain,” aims to facilitate decentralized finance (DeFi) and liquidity across chains.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
Tron (TRX), the cryptocurrency that often plays a quieter role behind heavyweights like Bitcoin and Ethereum, is making waves. On October 10, 2024, TRX showed significant signs of decoupling from its larger counterparts, sparking speculation about its potential to hit a new all-time high (ATH).
Ethereum is making waves with its latest proposal, EIP-7781, aimed at turbocharging the system. This update dramatically cuts block times, ramping up transaction throughput by a whopping 50%. While Ethereum aims to accelerate, Bitget Wallet is breaking new ground with Grass AI, enabling users to pocket earnings by lending their unused bandwidth.
Despite Bitcoin's (BTC) impressive price recovery, asset management giant BlackRock made a significant move that caught the attention of crypto enthusiasts. Recently, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that BlackRock sold 182 BTC worth $11.34 million.
Ethereum has largely exhibited a sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has yet to give rise to a clear path as to how the crypto performs moving forward, denting the sentiment of many bulls.
PlusToken, a pyramid scheme from 2018, comes back to haunt Ether holders in the wake of China's sell-off preparations.
The cryptocurrency market is witnessing contrasting trends between Bitcoin and Ethereum ETFs, highlighting a divergence in investor sentiment. Recent data reveals that Bitcoin ETFs have seen substantial inflows totaling $204.7 million, while Ethereum ETFs experienced outflows amounting to $9.69 million.
Ethereum, the second-largest cryptocurrency by market capitalization, has been long-anticipated by crypto investors to surpass the $5000 psychological level. However, despite the launch of spot ETFs (Exchange-Traded Funds), which drove Bitcoin to new highs, Ethereum's price has struggled to sustain a directional rally.
Ethereum has been flashing bullish signals, and a potential dominance shift could be in the offing.
TRON is turning into a deflationary network, after token burns accelerated in the past year. The chain surpassed Ethereum (ETH) in a bid to turn into a form of deflationary money.
Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent.
Ethereum has shown some strength against bitcoin recently, with its ratio rising from below 0.0385 BTC to 0.0397 at some point, currently trading at 0.0393.
TL;DR Ethereum is facing critical pressure at the $2,300 support level. If this level is broken, it could trigger a massive sell-off among investors. A total of 2.4 million addresses acquired 52.6 million ETH in this zone. Ethereum is at a turning point after failing to break above the$ 2,500 resistance.
TL;DR $1.61 billion worth of Bitcoin and Ethereum options are set to expire today, potentially causing market volatility. Maximum pain points are set at $62,000 for Bitcoin and $2,450 for Ethereum, indicating possible price movements. Analysts expect increased trading activity and new opportunities amid market uncertainty.
Ethereum's cofounder, Vitalik Buterin, recently sparked a conversation about a crucial update to Ethereum's infrastructure — EIP-7708. This proposal could solve a long-standing issue with tracking ETH transfers across various transaction types, something that has plagued the network for years.
Uniswap (UNI), once the largest EVM ecosystem decentralized exchange, announced the upcoming release of its own network, Unichain. This step will heavily affect the tokenomic processes for ETH and put its value in danger since Uniswap will use a different fee mechanism once it migrates to the native protocol.
A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that's already set to deal with a $1.3 billion earthquake.
Ethereum is at a pivotal moment after failing to break above the $2,500 mark on Monday. With the entire crypto market anticipating a potential rally, Ethereum investors carefully watch for any signs of strength within the network.
Neiro on Ethereum (NEIRO) rallied above $0.09 after signs of whale activity and new involvement from the Wintermute market maker.
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session.
ETH price could rise 40% from its bullish fractal pattern despite Ether's sideways consolidation over the past week.