Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.
Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion.
Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.'s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.
Prominent Ethereum contributor ConsenSys has made a decision to downsize.
Solana's social volume has reached levels not seen in the past six months.
Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem.
The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year.
Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for Web3 and plans to continue supporting the Ethereum project.
Solayer's sUSD is a first-of-its-kind RWA-backed stablecoin on Solana. Unlike traditional stablecoins pegged to fiat, sUSD offers a decentralized alternative. The post Solayer Launched sUSD, a User-Friendly RWA-Backed Stablecoin on Solana appeared first on Cryptonews.
A Solana whale has made $2.5 million from his crypto strategy amid recent market growth. Crypto whales can reshape their holdings depending on market swings.
Solana price hits $180 as Bitcoin storms toward a new all-time high. Data suggests SOL can go higher.
Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.
For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,' Ethereum would be ‘digital silver.
As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.
Solayer says anyone can mint the yield-bearing sUSD token with at little as $5 in USDC.
Ethereum's significant outflows and positive technicals signal potential for a sustained bullish rally.
TL;DR Solana's market capitalization reaches $85.2 billion, approaching Binance Coin (BNB), which has $88.92 billion. SOL experienced a growth of nearly 450% in the last year, surpassing BNB's 168%. The market for SOL memecoins exceeded $12 billion, driven by the Pump.fun platform and the launch of “Dogwifhat.
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The "mini" trusts spun off from Grayscale's legacy Bitcoin and Ether funds in July.
Telegram-based Toncoin (TON) has seen significant growth since its inception, and the current trends show that it could dethrone Ethereum in holders count. CryptoQuant analysis shows that Toncoin has attracted massive investors, with TON holders increasing from 7.12 million to 108 million between 15 March 2024 and 17 October.
Investors are optimistic once again as the hope of the Ethereum price rallying to $5,000 hit the crypto market. In a recent report, Ethereum co-creator Vitalik Buterin spoke at length about upcoming solutions to Ethereum's (ETH) staking, block production issues, and prevent centralization of proof-of-stake to Ethereum L1.
Long-term Ethereum (ETH) holders have displayed strong confidence in the cryptocurrency's potential for continued price growth, especially compared to short-term investors. BeInCrypto noted this trend after analyzing market sentiment using on-chain data.
Solana memes make up 20% of the entire market cap for this asset class. Meme tokens on Solana rallied above $12B in total market capitalization.
A software provider for the Ethereum network, Consensys Inc. let goes 162 positions which make up 20% of the firm's workforce.
TL;DR Solayer launches sUSD, the first synthetic stablecoin backed by real-world assets on Solana, offering an annual yield of 4% to 5% without staking. Backed by U.S. Treasury Bills and created in collaboration with OpenEden Labs, sUSD guarantees stability and high security in its operation.
GMX-Solana has adopted Chainlink's Data Streams as its official Oracle solution for price data, funding rates, and liquidations. In parallel, Chainlink's Cross-Chain Interoperability Protocol (CCIP) has facilitated cross-chain staking for Lido, broadening accessibility to staked Ethereum (ETH) on Layer-2 (L2) networks.
GalaSwap evolves into GalaConnect, offering seamless Ethereum bridging, dynamic fees, and enhanced account management within the GalaChain ecosystem, as reported by Gala News.
American crypto asset manager Grayscale Investments has announced that two of its major regulated funds, the Bitcoin and Ethereum Mini Trusts have hit a major milestone. As contained in a press release, the products have accumulated $750 million since their debut in July.
In response to promising signals in the crypto market, major investors ("whales") are massively accumulating Ethereum. This trend, coupled with a significant increase in new wallets, suggests bullish potential for the second-largest cryptocurrency by market capitalization.
TL;DR The staked ETH market has cooled off in 2024, with staking rewards declining. Competition for ETH staking has increased, driven by new protocols with higher yields. USDT experiences a devaluation following rumors of a DOJ investigation, while the correlation between BTC and ETH stabilizes.
Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024. What Happened: The Grayscale Bitcoin Mini Trust (NYSE:BTC) and Grayscale Ethereum Mini Trust (NYSE:ETH) are promoted as the world's lowest-fee ETPs in their categories, with annual expense ratios set at 0.15%.
The amount of Ethereum (ETH) being held on cryptocurrency exchanges has recently plunged by around $750 million after massive withdrawals of the second-largest cryptocurrency by market capitalization from these platforms.
sUSD, a new type of stablecoin backed by U.S. Treasury Bills, is joining its ecosystem. Created by Solayer Labs, sUSD is part of a new wave of digital dollars backed by real-world assets.
Cryptocurrencies and regulation: the standoff between Consensys and the SEC leads to drastic staff cuts
Data from Farside Investors reveals interesting figures in the Ethereum ETF sector of the cryptocurrency market. Fidelity Investments has come out on top again in its daily report of institutional interest in the world's leading altcoin.
The leading re-staking protocol on Solana, Solayer Labs, has revealed yet another native asset to its portfolio. Following its attainment of $200 million in total value locked last month, the protocol introduced $sUSD, a yield-bearing stablecoin.
While October has certainly been a rough month for Ethereum, the past week underscores a turning point in sentiment as exchanges see $750 million in ETH withdrawals. The post ETH Price Set for Rally? Massive $750M Ethereum Outflow Hints at Bullish Sentiment appeared first on Cryptonews.
Solayer Labs launches sUSD, the first yield-bearing stablecoin on Solana, backed by US Treasury Bills, offering a 4-5% yield. The post Solayer launches first-ever yield-bearing stablecoin backed by T-Bills on Solana appeared first on Crypto Briefing.
TL;DR Open Airdrop : XAND token airdrop is available for users since October 29th. Liquid Staking : A liquid staking program is introduced that offers significant rewards. Storage Innovation : Xandeum will launch a storage layer to facilitate decentralized applications on Solana.
AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.
Toncoin's holder count is rising fast, suggesting it may soon overtake Ethereum.
Consensys will focus core offerings like crypto wallet MetaMask and Ethereum layer-2 network Linea, a spokesperson told Decrypt.
Bulls remain more powerful than bears, according to CoinMarketCap.
In October, Solana has outperformed Bitcoin and other altcoins, gaining 15% and eying for a potential rally to $200 and above.
This means developers on Solana can now access ultra-fast data that updates in less than a second. Imagine checking the weather every second to see if you need an umbrella.
Vitalik Buterin responded to criticism regarding the current state of Ethereum's Layer 2 user experience. Many said it needed to be more cohesive and simplified.