Over the past two weeks, Ethereum has exhibited notable strength, outpacing many of its competitors and establishing itself as a critical player in the blockchain ecosystem. Its performance not only reflects its individual potential but also impacts the broader cryptocurrency market, making the current price action crucial for investors and analysts alike.
Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What Happened: During the recent Breakpoint 2024 conference, Scaramucci highlighted the potential of tokenization to revolutionize the current financial system.
Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise.
Ethereum is now gearing up to challenge key resistance levels. With market dynamics shifting, particularly after recent developments in the traditional financial sector, many are wondering if Ethereum can maintain its upward momentum and close above the crucial $3,000 mark.
Leading coins were among the gains Sunday overnight after Democratic presidential nominee Kamala Harris mentioned cryptocurrencies for the first time during her election campaign.
Ethereum (ETH) is showing signs of nearing a cycle low against Bitcoin (BTC), according to noted analyst Benjamin Cowen. With over 813,000 followers on his YouTube channel, Cowen has established himself as a key voice in the crypto community, and his latest insights suggest that a significant price movement may be on the horizon for ETH/BTC.
According Lookonchain, a long-term Ethereum investor, recently realized a profit of $131.72 million after holding his Ether for two years.
As it has been doing for the past few months, the price channel that Bitcoin is trading inside is descending. When Bitcoin gets closer to the upper limit of this channel, which is around $70,000, the chance of another attempt to break through this level increases, but so does the chance of a drawback.
The ETH/BTC pair had dropped to record lows, but is a bottom closer?
Charles Hoskinson, the co-founder of Cardano and Ethereum, recently expressed deep concerns regarding the potential impact of Donald Trump's newfound affinity for cryptocurrency. In a series of interviews with mainstream media, Hoskinson emphasized that both Trump and Vice President Kamala Harris lack a coherent vision for the future of crypto regulation in the United States, which could have serious implications for the industry.
Ethereum transaction fees have more than tripled since the start of the month amid an 11% decline in active accounts, according to our numbers.
A widely followed crypto analyst says that the Ethereum versus Bitcoin (ETH/BTC) pair is on the cusp of printing a cycle bottom.
The past few months have been particularly tough for Cardano. After undergoing a significant upgrade that resulted in over 96 million transactions—a remarkable achievement for its ecosystem—ADA's price failed to reflect this progress.
An Ethereum whale made a $131.72 million profit by buying Ethereum during the bear market in 2022 and HODLing it through rough conditions for over two years. According to recent data by Lookonchain, a wallet supposedly linked to an Eth whale bought 96,639 ETH on 3rd and 4th September, 2022.
In a recent decision, a Texas court dismissed Consensys' lawsuit against the U.S. Securities and Exchange Commission (SEC), which was filed in April 2024 to protect the Ethereum ecosystem from regulatory overreach. The court's dismissal was based on procedural grounds, without addressing the merits of Consensys' claims.
Ethereum price plunged 1.67% during the Sunday trading session to reach $2570 and a market cap of $309.5 Billion. While this bearish turnaround is expected as a temporary pullback for buyers to recuperate the bullish momentum, a recent sell-off crypto whale sparks the possibility for further correction.
Cardano's TPS currently stands at 0.41, an analyst remarked that nobody is using ADA technology.
In a jaw-dropping transaction, an Ethereum whale, known for their "diamond hand," recently transferred 15,000 ETH to the major crypto exchange Kraken. The move, which amounts to above $38 million at current market prices, has captured the attention of the crypto market.
Ethereum's future has come under scrutiny. Popular analyst Stockmoney Lizards has made headlines with bold claims that Ethereum, once the leading smart contract platform, may be losing its relevance.
Rapper Iggy Azalea seemingly dissed Vitalik Buterin and his fellow TOKEN2049 attendees in Singapore, dismissing the many panel discussions and Ethereum co-founder's singing as “loser s—.
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
Data from blockchain analysts shows that the Ethereum Foundation has been steadily selling its ETH throughout September. Today's sale involved trading 300 ETH for DAI, a stable coin, at an average price of $2,543 per ETH.
The price of Ethereum (ETH) has risen after the cryptocurrency rose above the moving average lines. ETH price analysis by Coinidol.com.
With a bullish surge in trend momentum, the crypto market is on the verge of starting to hit new all-time highs and 52-week highs. Amid the recovery rallies, Bitcoin, Ethereum, and XRP prices signal a major dynamic shift. With these major reversals, Bitcoin, ETH, and XRP signal a major bull run ahead.
The 7-day RSI was at 46, showing that the weekly momentum was bearish but was on the verge of shifting bullishly.
ADA shows strong sentiment, with technicals and liquidity favoring a breakout.
The Ethereum Foundation has recently caught the attention of the cryptocurrency community by executing a substantial sale of Ethereum (ETH) this month. This move has sparked discussions and speculation among investors and analysts alike, raising questions about the foundation's strategy and its implications for the market.
Cardano (ADA) is poised for a massive rally potentially following its recent descending trendline breakout in this ongoing market reversal. In addition to the trendline breakout, ADA has also formed a bullish cup-and-handle price action pattern on the daily timeframe and is on the verge of a breakout.
Cardano (ADA) kicked off the new week on a subdued note, as the broader crypto market experienced a downturn, led by Bitcoin. This drop saw the total crypto market cap shrink to $2.2 trillion.
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million.
The recent sentiment shift in the market has renewed the prospects of interest in the Ethereum DeFi ecosystem. Here's what on-chain data has to say.
The interest rate cuts by the Federal Reserve have been hailed as a bullish catalyst, set to usher in a strong bullish wave. With investors hoping to make the most of this bull run, the 3 altcoins to buy are Cardano (ADA), Polkadot (DOT) and DTX Exchange (DTX).
The weekend has started with bull dominance, according to CoinMarketCap.
Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped.
Cardano (ADA) has recently witnessed an extraordinary surge in whale netflows, skyrocketing by an astonishing 32,348%.
Ethereum hits a 40-month low against Bitcoin as traders lean towards BTC, driven by contrasting market sentiments and ETF inflows.
TL;DR “Based Rollups” could transform Ethereum's economic structure by aligning incentives between layer-2 solutions and layer-1 validators. This approach uses layer-1 validators for transaction processing, unlike other rollups that employ their own sequencers.
The Ethereum price bounced from $2220 to $2550 in the last two weeks, registering a 15.3% growth. The bullish narrative largely followed the market speculation for the U.S Fed interest rate, replenishing investors' interest in risky assets like cryptocurrency.
Ethereum (ETH) remains a focal point for traders and investors. Recently, ETH has seen a substantial increase, with its price rising by over 5% in the last 24 hours.
The cryptocurrency market is witnessing significant activity from several key players aiming to rival Cardano. Shiba Inu Coin, Polygon (POL), Tron, Chainlink, and Litecoin have each shown promising developments.
Ethereum's next major update Pectra will make substantial changes to gas fees, validator staking, and more. Here's what to expect.
Cryptocurrency analyst Benjamin Cowen is forecasting that Ethereum could be in the process of carving cycle lows against Bitcoin (ETH/BTC). In a video update, Cowen tells his 813,000 YouTube subscribers that based on historical precedent, the bottom for the Ethereum/Bitcoin pair is close at hand.
Ethereum eyes liquidity at $2,616 level, fueled by whale activity and bullish market trends.
Ethereum (ETH) is not the best solution for payments, according to PayPal's Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte.
The crypto market is full of surprises where sudden changes and new movements are common, especially with the XRP price due to the lawsuit. However, the last few days focued on recovery for popular cryptocurrencies like XRP, Ethereum, and many others.
The market dynamics are changing to some extent after the Fed rate cuts surprised the entire traditional financial space. The Bitcoin price triggered a significant run, but the altcoins are on the verge of outperforming the top tokens as Ethereum traded at a lowered pace till now.