Ethereum celebrated a new stablecoin milestone, but this might be short-lived.
The year's biggest development by far was the approval of Spot Bitcoin ETFs.
Analytics firm Glassnode says Solana's (SOL) momentum on the monthly time frame is waning in comparison to Bitcoin (BTC) and Ethereum (ETH).
Galaxy Research sees significant growth for Bitcoin and Ethereum in 2025, where Bitcoin may reach $185,000, and that for Ethereum will rise above $5,500. This growth is expected to come from more institutions using these cryptocurrencies, along with improvements in Ethereum's technology and the rise of decentralized finance (DeFi).
Ethereum has recently faced a drawdown that brought its price to $3,300. Despite this decline, the level appears to be solidifying as a support floor for ETH.
The price of Ethereum (ETH) has closed below the 50-day SMA twice, with the bulls buying the dips. The bulls are doing their best to keep the price above the 50-day moving average line.
2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $1.65 trillion.
The cryptocurrency market has been filled with uncertainty, but recent movements suggest that Ethereum (ETH) may be preparing for a comeback. With the growing interest in Ethereum-based Exchange-Traded Funds (ETFs), Ethereum is seeing a surge in investment that could signal the beginning of a positive shift.
As December comes to a close, the crypto market is in a cool-off phase. Bitcoin (BTC) has dipped to trade at $94,000, and Ethereum (ETH) has fallen to the $3,300 range.
Amid bearish crypto market conditions, Ethereum's price risks a steep correction due to a spike in ETH held on crypto exchanges and an uptick in profit-taking. If this selling pressure continues to increase, ETH could drop as low as $2,600.
Ethereum trades at $3,352, consolidating in a symmetrical triangle pattern. Learn how key levels at $3,350 and $3,221 could shape ETH's next move. The post Ethereum Drops to $3,345 While Technical Pattern Hints at Next Breakout appeared first on Cryptonews.
The monthly record in ETF inflows was insufficient to lift Ether's price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.
In 2025, the Ethereum (ETH) L2s ecosystem might finally solve all issues of cross-network interoperability and siloed liquidity. As explained by Ethereum (ETH) enthusiast who goes by @FigoETH, ERC-7683 "Cross Chain Intents" will be a game-changer.
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $185,000 By Year-End 2025 According to Galaxy Research, Bitcoin is poised to exceed $150,000 in the first half of 2025 and may reach or surpass $185,000 by the end of the year.
Solana (SOL) has faced a challenging price trend recently, with its decline halting, but the altcoin is struggling to reclaim $200 as support.
Vitalik Buterin, Ethereum's co-founder, has embraced a new role as the adoptive parent of Moo Deng, a pygmy hippopotamus that recently captured global attention.
XRP recorded a price correction, which can restrict it from competing with BTC and ETH.
Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.
As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape. Currently trading at $3,321, ETH's resilience has been notable, especially amidst a broader market correction led by Bitcoin (BTC).
The crypto market today is experiencing a cool-off period with the holiday season in full swing. Bitcoin (BTC) and Ethereum (ETH) have tumbled, with BTC falling below 95K and ETH now down to the 3300 range.
The race for dominance is on, and Ethereum's ability to rise from its current slump will be crucial for its future.
Critical support for XRP is present at the 26 EMA, a level that has been holding the ground for the asset. The assets short-term trajectory will probably be determined by the ongoing battle at this price.
One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token's dominance continues to scale up in the following months.
Ethereum is set to surpass $5,500 by 2025, according to Mike Novogratzs Galaxy. The forecast points to DeFi expansion and an NFT revival as pivotal factors driving the altcoins growth, with Ethereum expected to outperform Bitcoin in the process.
Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market.
The spot ether exchange-traded fund (ETF) launched by the world's largest asset manager earlier this year now holds a substantial trove of ETH, having recently surpassed one million tokens. According to data from BlackRock's website and the Ethereum blockchain — first spotted by Arkham Intelligence — the iShares Ethereum Trust ETF (ETHA) fund now holds 1.
Mike Novogratz's Galaxy has predicted that the price of Ethereum (ETH), the leading altcoin, will be trading above $5,500 in 2025.
Cryptocurrency markets are trading down on Friday, with Bitcoin falling below the $95,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,485.63 -1.2% Ethereum (CRYPTO: ETH) $3,358.23 +0.7% Solana (CRYPTO: SOL) $186.67 -1.3% XRP (CRYPTO: XRP) $2.17 +0.5% Dogecoin (CRYPTO: DOGE) $0.3144 +0.1% Shiba Inu (CRYPTO: SHIB) $0.00002185 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 31.6% and daily active addresses falling by 0.04%.
Hemi Labs CEO Jeff Garzik sheds light on Hemi's "proof of proof" security model and his vision for a multi-chain future.
Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year.
Ethereum NFT trading volume surged to $186 million last week, a 67% increase from the previous week.
The OI continued to meander sideways over the past week, a strong hint that market participants were sidelined.
BTCS has stopped its StakeSeeker platform to place more priority on areas where it can succeed, focusing on Ethereum blockchain growth.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300. The post Ethereum Price Set to Dip to $3,000 – Buy the Dip? appeared first on Cryptonews.
Ethereum (ETH) price has remained below expectations in December, disappointing many who anticipated it would hold above $4,000. Despite this, ETH has managed to gain nearly 6% over the last seven days, showing some signs of resilience.
Ethereum (ETH) has been showing promising signs of a potential rally, with its price bouncing back to $3,375 after a recent dip of over 15%. Despite the recent pullback, Ethereum is well-positioned to surge toward $5,232, driven by multiple bullish indicators.
Today is a big day in the world of institutional cryptocurrency investing. BlackRock, through its Ethereum-focused ETF, now owns a whopping $3.5 billion worth of ETH, or 993,591.95 ETH, which is 0.12% of the total supply of Ethereum (ETH).
Some coins have returned to the green zone today, according to CoinMarketCap.
Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.
“It's going to be a blitzkrieg”: Experts say a crypto-friendly Trump administration will rapidly breathe fresh life into the Ethereum ecosystem.
Cambodia has finally cracked the door open to crypto—kind of. For the first time, the National Bank of Cambodia (NBC) is letting commercial banks and payment companies handle stablecoins and other cryptos backed by real-world assets.
The price of Ethereum (ETH), the industry's second-largest cryptocurrency by market cap, broke down as the wider market corrected, but a well-known pundit remains optimistic about Ether's price trajectory leading into 2025.
Ethereum's price has failed to break above the key $4,000 level and has been experiencing bearish price action since then. Investors are now worried that ETH might be reversing its overall price trajectory.
Buterin's $300,000 donation will support the Khao Kheow Open Zoo operations and the development of a dedicated exhibit for Moo Deng and her family.
TL;DR A record-breaking $18 billion worth of Bitcoin and Ethereum options contracts are set to expire today, sparking anticipation of sharp market moves and potential volatility. The volume of expiring contracts includes 88,537 Bitcoin contracts and 796,021 Ethereum contracts, with Bitcoin's put-to-call ratio at 0.69 and Ethereum's ratio at 0.41, indicating positive sentiment.
The Ethereum market is heating up with short-term rallies, but cracks are forming beneath the surface. Is Ethereum poised for a breakout, or are dark clouds gathering on the horizon?