Ethereum recently surged past the $3,000 mark, backed by record spot ETF inflows and solid investor confidence. As ETH gains bullish traction, traders are eyeing whether this level will hold as new support.
Cardano (ADA) has emerged as one of the biggest winners in the cryptocurrency market today, with its price soaring by a remarkable 16%. As of November 8, 2024, ADA has reached a 14-week high, briefly surpassing the $0.44 mark before stabilizing at around $0.43.
In a recent interview, Anatoly Yakovenko, Solana's founder, spoke to the unique position this ecosystem holds in the blockchain landscape, using its implementation against L2 scaling solutions and other Layer 1 blockchain systems. Previously he raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution.
The world's second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum's Meteoric Rise to $3,000 Ethereum's momentum kicked in after bitcoin (BTC) surged to a fresh all-time high, reaching the $3,000 mark on Nov. 8.
Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.
Technical analysis revealed that a surge beyond $0.457 is only a matter of time for ADA.
The price of Cardano (ADA) is taking a breather at the moment, a correction that becomes imminent after a period of epic rally. While the coin remains in the spotligh as one of the best performers in the past week, it's future growth outlook has sparked a new bout of analysis.
Cardano (ADA) is seeing a strong upward trend in the cryptocurrency market, making it one of the top-performing digital assets recently. The price of ADA has climbed more than 30% since November 5, marking an impressive recovery after weeks of relatively flat performance.
Parfin's Ethereum Layer-2 chain, Rayls, was recently featured in JP Morgan's blockchain-focused business unit's Project EPIC, highlighting the network's secure and compliant identity solutions to address privacy needs in regulated financial markets.
Ethereum has seen a significant uptick in buying pressure near the $2.4K support level, driving an impulsive price surge and reclaiming several key resistance regions. This action is signaling a potential shift towards a bullish market sentiment, with higher price levels expected in the mid-term.
Crypto analyst Babenski predicted the Cardano price would enjoy a parabolic rally above $5 and revealed when this could happen. This comes amid ADA's recent rally, which could mark the beginning of its bull run, having underperformed for most of the year.
The SEC has delayed its decision on allowing options tied to spot Ethereum ETFs to be listed on the NYSE American exchange. The post Spot Ethereum ETF Options Decision Delayed by SEC Ahead of Nov. 11 Deadline appeared first on Cryptonews.
This week in crypto, BeInCrypto unpacks everything from Donald Trump's historic election, its impacts on Bitcoin and SEC Chair Gary Gensler, to new XRP ETF applications amidst institutional support, and a major new upgrade for Cardano.
Following Donald Trump's victory in the US presidential election on November 5, Ethereum (ETH), alongside the general cryptocurrency market, has experienced notable price gains. In particular, the second-largest cryptocurrency has witnessed its value increase by 24.31% in the past four days as it approaches a crucial $3,000 resistance zone.
As of Friday's latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone.
Ethereum (ETH), the second-largest cryptocurrency by market value, has just surpassed $3,000. According to CoinMarketCap, Ethereum reached a high of $3,050.
Ethereum's resilience was underlined by its price action, sentiment surge, and treasury tokenization.
After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally. The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.
Spot Ethereum exchange-traded funds recorded their highest-ever weekly inflows as the flagship altcoin shot past the $3,000 mark for the first time since August. According to SoSovalue data, $154.
Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed.
Ethereum's Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
The Ethereum Foundation (EF) has recently revealed the status of its vast crypto holdings, disclosing a total of $970.2 million in assets. Of this, a staggering $788.7 million – or 99.45% – is held in Ethereum's native cryptocurrency, Ether (ETH).
Analyst Benjamin Cowen recently shared his thoughts on the potential future of ETH and BTC, suggesting that while he doesn't expect a drastic price drop, there's still a chance for more downturns before things turn around.
The price of Cardano (ADA) has started an uptrend by breaking through the overhead resistance at $0.40.
Ethereum, the second largest cryptocurrency by market capitalization, surpassed the $3,000 mark in today's trading session, capping three days of gains.
Polkadot (DOT) is up 11% over the past seven days, with analysts predicting it could register a 2x increase after breaking out of a rare falling wedge pattern.
Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better.
The cryptocurrency market is set for increased volatility today as nearly $4.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts expire. This significant event follows closely behind major developments in the United States, including the outcome of the US elections and the Federal Open Market Committee (FOMC) meeting.
The United States Securities and Exchange Commission (SEC) has delayed several issuers' decisions to list Options on spot Ethereum ETF products. As spotlighted by ETF Store President Nate Geraci, the markets regulator pronounced the delay on Options targeted at Bitwise, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust and other trusts that want a related allowance.
An ETH initial coin offering whale has begun liquidating their ETH assets held for 8 years. According to on-chain data flagged by Onchain Lens.
Cardano founder Charles Hoskinson recently returned to social media with a compelling message that outlines his vision for Cardano and its potential.
Spot Ethereum ETFs in the U.S. just recorded their largest inflows in six weeks fueled by Donald Trump's election win and a recent Fed rate cut. On November 8, these nine spot ETFs received a net inflow of $85.9 million. This marks a renewed interest in Ether ETFs, reversing weeks of outflows.
Will Ethereum finally break $3k or is Bitcoin too dominant?
This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000.
Ethereum may be underperforming this year, but it has several strong catalysts that position it for long-term gains.
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In a recent bold forecast, Standard Chartered said that Ethereum price is poised to hit $10,000 in the near term, sparking optimism amid the ongoing rally. Besides, the report also notes that besides ETH, Bitcoin is also gearing up for a strong run towards the north, potentially reaching the brief $200K mark.
The traders seem to have become pretty optimistic over the ETH price rally as the levels have barged above $3000. After a 3-month-long consolidation, Ethereum has raised within the bullish range, suggesting the price could be poised to achieve the crucial resistance, which may elevate the levels beyond the bearish influence.
Since the beginning of this week, bitcoin has seen its price surging from $67,849 to touching the new ATH of 77,230, thanks to the excitement around the U.S. presidential election! With pro-crypto candidate Trump taking the lead, Bitcoin and Ethereum spot ETFs have seen massive moves this week, bringing institutional interest back into the crypto.
Ethereum (ETH) registered a remarkable performance following Donald Trump's victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors' bullish sentiment for the crypto and ETH-based investment products.
It's nowhere near its all-time mark, but after a few rough months, Ethereum is finally on the rise as Bitcoin keeps pushing to new peaks.
Ethereum's price continues to surge past the $2900 mark, a prominent whale in the Ethereum network has made headlines with a significant offloading of its holdings. The whale, which holds a staggering 398,891 ETH tokens worth over $1.14 billion, recently sold 29,897 ETH for 84.87 million USDC.
Ethereum has successfully crossed over $3000 after struggling for months. As Bitcoin surged and created another all time high at $77,135, Eth followed. Many experts have been sharing speculations that it will touch $10k this season. Let's check the charts and see what is happening in the market.
BNB is the other notable gainer from the top 10 alts.
Inflows into the spot Ethereum ETF have been once again picking up pace, especially after the Donald Trump victory and the 25 bps Fed rate cut announcement this week. Over the last three consecutive days, the Ether ETFs have registered net inflows thereby bringing the total outflow to $324 million, dropping from the peak of
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets.
The Polkadot Blockchain Academy (PBA) has just announced PBA-X, a new initiative aimed at fast-tracking Web3 education and welcoming the next wave of blockchain professionals.