Explore Ethereum's recent market trends, whale movements, and upcoming upgrades as we analyze potential bullish momentum in Uptober's trading landscape. Ethereum is an established trading platform for cryptocurrencies. It uses decentralized technologies to enable the development of smart contracts. Founded by Vitalik Buterin in 2014, Ethereum stands firmly behind Bitcoin.

Today, the crypto market recorded outflows, wiping out previous gains in Ethereum and other altcoins. These recent short-term exits weakened the bullish drive, with several digital asset whales repositioning their portfolios.

One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements.

Despite the Bitcoin network's lackluster speeds and a subsequently sub-optimal user experience, Cardano founder Charles Hoskinson is super optimistic about decentralized finance (DeFi) in the Bitcoin ecosystem.

Base ups the ante in terms of competitiveness as strong weekly volumes earn it a spot in the top 3 ranking.

Bitcoin (BTC) is currently trading around $67,000, signaling a recovery after establishing firm support at the $66,000 level, following a modest 2% decline earlier in the week.

The momentum behind Bitcoin exchange-traded funds (ETFs) in the United States has seen a sudden reversal, with a sharp outflow of $79.01 million on Tuesday, breaking a remarkable seven-day streak of positive inflows. This change has ignite questions about whether this is a temporary setback or the beginning of a broader market shift.

According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.

Ethereum (ETH) has fallen to its lowest value against Bitcoin (BTC) since April 2021. On October 23, the ETH/BTC trading pair dipped to just 0.0375 BTC, reflecting a dramatic 55% decline from its previous all-time high.

Taiwan Semiconductors Manufacturing Company (TSMC) reportedly halted chip shipments to Xiamen Sophgo, a Chinese semiconductor firm linked with Bitmain co-founder and chairman Micree Zhan, amid an ongoing US investigation into possible sanctions violations related to Huawei. According to a reports, TSMC stopped supplying chips to Sophgo earlier this month after the US Commerce Department launched

Bitcoin's potential for a significant price shift could impact market dynamics, influencing investor sentiment and broader financial trends. The post Bitcoin set for ‘huge move' as Bollinger Bands hit tightest levels appeared first on Crypto Briefing.

Popular crypto analyst Michaël van de Poppe has highlighted vital price levels in the Ethereum (ETH) market following a massive option expiry event. This development comes amidst high whale activity on the Ethereum network.

Emory University, a private research institution in Atlanta, has reported $15.1 million worth of holdings in Grayscale Bitcoin Mini Trust. This unusual move for a higher education institution was revealed in an Oct. 25 filing with the U.S.

Demand for Bitcoin and Ethereum exchange-traded funds (ETFs) is making other recent ETF launches look small by comparison.

The market is facing a correction today, according to CoinStats.

Bitwise CEO Hunter Horsley has defended the Spot Bitcoin ETFs following criticism that these funds are responsible for the BTC selling pressure that has caused the flagship crypto to stay below its current all-time high (ATH). This comes amid the Bitcoin ETFs closing in on Satoshi Nakamoto's 1.1 million BTC holdings after witnessing three consecutive

Vitalik Buterin publishes the fifth part of his blog series on Ethereum's possible futures.

Cardano founder Charles Hoskinson believes the Bitcoin network could become home to the biggest decentralized finance (DeFi) ecosystem. In a post on X, Hoskinson said DeFi on Bitcoin could be bigger than Ethereum and Solana's.

Based on price action data, the last two weeks in October are the most bullish period in the Bitcoin price history. However, why that hasn't been the story for the premier cryptocurrency over the past two weeks seems to be the question on every investor's mind.

In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH).

Ethereum's co-founder, Vitalik Buterin, has presented “The Purge,” the fifth installment in a series of proposed upgrades designed to streamline the Ethereum network's data storage and protocol complexity.

QuickSwap launched two major platforms on Ethereum's base layer to unite DeFi traders and improve the experience for security-focused users.

Analyst Kevin Svenson believes Bitcoin (BTC) remains on track to print new all-time highs despite a months-long consolidation phase. In a new video, Svenson tells his 80,100 YouTube subscribers that Bitcoin may be on the verge of entering the most explosive phase of the market cycle based on historical precedence.

On Friday, Oct. 25, 2024, Bitcoin's network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network's history.

Cardano founder Charles Hoskinson has teased an ambitious plan to enhance Bitcoin's ecosystem by relaunching the Bitcoin Education Project in 2025 and introducing advanced resources for Bitcoin developers.

October marked a strong month for U.S. spot Bitcoin ETFs, with over $3 billion in net inflows as demand reached its highest level in six months.

Top investment asset management firm BlackRock has stayed on top of its Bitcoin (BTC) acquisition game. On Friday, it relegated the other spot Bitcoin ETF issuers to the background by scooping up $292 million worth of the flagship digital currency.

Bitcoin's market dominance surges as investors favor it over struggling altcoins, hinting at a pivotal shift in the crypto landscape.

TON (The Open Network) is on track to overtake Ether in holder numbers by the end of the year. According to Maarten, a Community Analyst at CryptoQuant, TON has attracted around 500,000 new holders daily over the past month, pushing its total count to 112 million.

Ethereum (ETH) has recently shown bullish momentum, managing to briefly break through the crucial resistance level at $2,700, bolstered by the 100-day moving average. However, this positive trend was short-lived, as the altcoin encountered significant selling pressure, causing its price to drop over 2% in the past 24 hours, settling at approximately $2,552.

Many investors across are losing hope on Ethereum price due to its unspiring performance in 2024. While many top altcoins have more than doubled in 2024, ETH continues to disappoint investors.

Bitcoin has been experiencing its largest exchange outflows since mid-September as investors increasingly move BTC off exchanges.

Bitcoin's price has seen an ongoing battle to close above the critical $70,000 mark, with recent attempts falling short. This inability to secure a solid close has led to a hit for long traders, who have experienced substantial liquidations.

Argentina is witnessing a notable change in its approach to Bitcoin and the broader cryptocurrency market. The National Securities Commission (CNV) is reportedly altering its previous hardline stance, suggesting a newfound openness to fostering the crypto industry.

Bitcoin (BTC) "Store of Value" narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021.

The cryptocurrency market has recently seen a significant uptick in investor interest, particularly in spot Bitcoin exchange-traded funds (ETFs). Just on October 23, spot Bitcoin ETFs reported a staggering net inflow of $192 million, marking a substantial boost in confidence among investors.

Ethereum co-founder Vitalik Buterin has shared insights on the last phase in the protocol's future enhancement dubbed "The Purge." After sharing details on the other three enhancements, The Merge, The Scourge and The Surge, Buterin noted that without The Purge, the mainnet's complexity over time might negate the improvements implemented.

Bitcoin prices are steady above the $66,000 support when writing on October 25. While confidence is high, the coin is still trending below the psychological round at $70,000.

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election.

A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.

Ethereum's creator Vitalik Buterin announced the network's next step, which happens to be cutting off the extra weight. He calls it “The Purge.

Emory University also reported holding 4,312 shares, valued at $768,269, in the crypto exchange Coinbase.

Bitcoin (BTC) has made a notable comeback, climbing back above the $67,000 mark. This upward momentum comes amid high expectations for upcoming economic news and significant movements in the crypto market.

The Bitcoin community is currently abuzz with the news that tech giant Microsoft is seeking a vote from shareholders on its Bitcoin investment proposal. Although the details of the development remain scant, BTC supporters like Anthony Pompliano explain what could be the reason for Microsoft's recent pivot to Bitcoin.

Bitcoin is up 57% this year, and poised for further gains if some key factors—ranging from policy easing to the US election—can align, experts say.

Bitcoin dominates the crypto market and leaves Ethereum far behind. Is this already the end of Ethereum?

Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, analysis suggests that this momentum may not be ideal for Bitcoin (BTC).