Cryptocurrency analyst Benjamin Cowen is forecasting the likely trajectory of Ethereum (ETH) against Bitcoin (BTC) over the coming weeks and months. Cowen tells his 866,700 followers on the social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “likely” to bottom out before the end of this year.

The rising demand for Ethereum, as shown by notable cash inflows to US spot Ether ETFs in the recent past, is a major boost for the ongoing bullish outlook.

TL;DR ethOS unveils dGEN1, a hardware device optimized for Ethereum dApps, featuring a built-in Web3 browser and integrated wallet for secure and efficient digital asset management. Light client technology in dGEN1 enhances blockchain interactions without the need for full node resources, improving security and performance. Preorders via NFT on the Base layer-2 network cost 0.

Buterin's plan focuses on keeping Ethereum's main network decentralized, making sure Layer 2 solutions stay true to Ethereum's core principles.

This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.

On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum's recent underperformance compared to Bitcoin (BTC) and Solana (SOL).

Ethereum consolidates above $2,580 as whales accumulate ETH and Ethereum-based altcoins, with price predictions suggesting potential for significant future growth.

On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

Asset management leader VanEck has drastically cut down its long-term price estimate for Ethereum's ETH token.

Ethereum is at a pivotal moment in its evolution with a bold initiative called “The Surge.” This strategy is designed to tackle significant scalability challenges that have long affected the Ethereum network.

Ethereum developers have announced the inclusion of major features into the coming upgrade, known as Pectra.

The crypto world is on high alert as $1.62 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are about to expire this Friday. Bitcoin has recently reached the strong $68,000 mark, suggesting the start of a possible bull run, especially with October being a historically good month.

Ethereum-based operating system ethOS has introduced dGEN1, a hardware device for engaging with onchain dapps and running a light client.

As Bitcoin (BTC) price teases to spike above the crucial support/resistance level around $68k, Ethereum (ETH), the largest altcoin with a fully diluted valuation of about $316 billion and a daily average traded volume of around $15.1 billion, approached a crucial resistance level around $2,626.

Ethereum holders are looking forward to a positive market following a surge in open interest positions. This comes after the asset underperformed compared to other assets in previous months as sentiments plunged.

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders' profitability.

Ethereum's ACDC call #144 focused on EIP 7742, Pectra upgrades, and PeerDAS specifications, aiming for enhanced scalability and network efficiency.

A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain's Dencun upgrade in March.

Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone.

Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.

Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon.

Ethereum (ETH) continues to navigate a dynamic market landscape, recent indicators suggest a growing potential for the cryptocurrency to reach the $3,000 mark. With an uptick in active addresses, significant exchange outflows, and bullish technical signals, Ethereum appears to be positioning itself for a price rally.

Nearly 70% of institutional investors holding Ethereum (ETH) are engaged in staking, with 52.6% of them holding liquid staking tokens (LSTs), according to a Blockworks Research report. Nearly half of institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase and Binance.

As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.

Solana's recent DEX volume dominance against Ethereum sparks speculation of a major bull run on the horizon.

ETH price has hit a roadblock as options traders remain skeptical of $3K target before US elections.

World, previously called Worldcoin, has debuted an Ethereum layer-2 chain with an aim to onboard real humans—not bots.

VanEck significantly downgrades its long-term Ethereum (ETH) price target.

Ethereum's "changing fundamentals" and growing embrace of layer-2 networks could massively impact ETH's future price, a VanEck analyst said Thursday.

Vitalik Buterin reminds proponents and detractors of the goal of the network's now-highly criticized rollup-centric roadmap

PayPal's Venmo can now be used by U.S. customers to top up and make crypto purchases on MoonPay, according to a Thursday announcement.

The cryptocurrency market showcased a compelling narrative of contrasting investor behavior. Bitcoin ETFs enjoyed a significant influx of capital, while Ethereum faced a decline in investor interest, revealing a pivotal shift in sentiment between these two leading digital assets.

A new update has come to the Ethereum Pectra upgrade. According to Galaxy's Vice President and researcher Christine Kim, the developers discussed the upgrade during their 144th All Core Developers Consensus Call (ACDC), which recently took place.

In a new blog post titled “Possible futures for the Ethereum protocol, part 2: The Surge,” Ethereum co-founder Vitalik Buterin outlined an ambitious roadmap aiming to scale Ethereum's transaction processing capacity to over 100,000 transactions per second (TPS) across Layer 1 (L1) and Layer 2 (L2) solutions.

A widely followed crypto analyst is issuing an alert about Ethereum (ETH), saying that the top altcoin appears to be forming a bearish pattern.

Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,879.97 -1.3% Ethereum (CRYPTO: ETH) $2,583.46 -1.1% Solana (CRYPTO: SOL) $148.51 -3.8% Dogecoin (CRYPTO: DOGE) $0.1213 -4% Shiba Inu (CRYPTO: SHIB) $0.00001767 -5% Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume decreasing by 14.8% and daily active addresses falling by 20.1%.

Kraken, a leading cryptocurrency exchange, launched its own wrapped bitcoin (BTC) token, known as kBTC, on October 17.

The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.

Ethereum's price has fluctuated under $2,800 for the past few weeks, and it is stuck in a consolidation phase. Despite several attempts, ETH has been unable to break through key resistance levels, leaving investors uncertain.

The Kraken's launch of Wrapped Bitcoin will further enhance the mainstream adoption of BTC through Web3 space across different chains.

TL;DR Kraken has launched kBTC, a Wrapped Bitcoin designed to facilitate its use in the DeFi ecosystem, backed 1:1 by real Bitcoin. The kBTC token is available on the Ethereum and OP Mainnet networks, allowing users to verify on the blockchain the total reserve of Bitcoin that backs it.

In their joint “Q4 Guide to Crypto Markets,” Coinbase (NASDAQ:COIN) Institutional and Glassnode report a growing and maturing crypto market despite Bitcoin‘s (CRYPTO: BTC) range-bound price action over the last six months. What Happened: Their analysis shows that despite the lack of strong price movements, the crypto market has shown signs of sophistication through successful spot ETFs, increased on-chain activity and higher trading volumes.

Robinhood announced its plans to support Bitcoin and Ether futures, alongside traditional commodities like oil and the S&P 500, as part of a larger rollout of derivatives products.

Expert analyst says a massive rally is brewing for Ethereum price as it enters the final phase of a fractal. This outlook coincides with Ethereum co-founder Vitalik Buterin revealing the roadmap for ETH.

Crypto analyst Ignas says Ethereum (ETH) is losing its competitiveness against other layer-one networks. In an X post, the analyst stated that Ethereum's underperformance compared to other networks was the key reason behind ETH's price struggles.