TL;DR Digital asset inflows hit $901 million, bringing this year's total to $27 billion, nearly triple 2021's record. Bitcoin led inflows with $920 million, driven by political factors in the US, while Ethereum saw outflows of $35 million. Blockchain stocks also showed a rally, with inflows of $12.2 million for the third consecutive week.
Phantom Wallet has reported a downtime incident and asked its users to be patient as the team works to resolve the issue. On Oct.
The rising DEX volumes than Ethereum have made the market participants bullish on Solana's (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too.
Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.
Bitcoin (BTC) and the altcoins have shown significant price actions in the crypto market. The overall crypto market's daily trading volume surged by 22.63% as per CMC data.
The biggest wallet on the Solana blockchain is currently undergoing a downtime. The users facing issues with inaccurate account balances for an hour now.
Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token's price rose to $175.3, bringing its capitalization to over $83.56 billion.
Solana has registered a high transaction fee compared to Ethereum in the past 24 hours as it entered the top 5 networks for this metric.
The world of cryptocurrency investing is rapidly evolving, and recent data suggests a significant divide in the demand for exchange-traded funds (ETFs) focused on Bitcoin versus those targeting Ethereum. As of late October 2024, spot Bitcoin ETFs are experiencing a remarkable surge in popularity, while interest in Ethereum ETFs remains muted.
The new indices will offer a clear, single price for bitcoin and ether, tailored for the Asian time zone.
Phantom, which is Solana's biggest wallet, is experiencing downtime. User funds should be safe, the company says.
The Solana network has significantly outshined Ethereum in its Web3 on-chain activity in the recent past fueled by its thriving memecoin ecosystem.
Despite the recent price stumbles, Bitcoin and Ethereum seem on the right track to resume bull forecasts.
Ethereum co-founder Vitalik Buterin tries to shut down criticism from the community following ETH sell-offs
Ethereum price is up only 11% since the start of 2024. This uninspiring 2024 performance has caused investors to discard ETH as it trades around $2,531.
The crypto market enters the new week on a bullish note as the Bitcoin price inches closer to a $70,000 resistance breakout. The bullish momentum gradually fuels bullish momentum in most major altcoins, including SOL.
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RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments.
Ethereum co-founder Vitalik Buterin took to Twitter to forcefully reject claims that he has sold ETH in the past month.
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Among the top cryptocurrencies, and with the exception of Bitcoin ($BTC), Solana ($SOL) is proving to be the most likely of the large-cap altcoins to lead the rest of the field higher. Outperforming $BTC, and rapidly gaining ground on Ethereum ($ETH), is $SOL about to fly much higher?
Ethereum's price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum's (ETH) recent trend of lower highs and lows, hinting at a bearish undertone.
Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.
The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.
Ethereum's price has been consolidating over the past few months, showing neither bullish nor bearish intentions. Yet, things might be about to change soon.
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.
Will Solana, XRP, and Shiba Inu drive the next crypto bull run? Get insights on their latest price analysis, resistance levels, and outlook.
It's striking how Solana's quick transaction times and technology have won over so many users and investors. Let's break down the Solana supply and its influence on the market.
Hong Kong Exchanges and Clearing Limited (HKEX) has announced the upcoming launch of its HKEX Virtual Asset Index Series, marking a major step in the development of a growing asset class and strengthening Hong Kong's status as Asia's leading center for digital assets.
Coinbase's Ethereum layer 2 network Base briefly took the lead in stablecoin volume on Oct. 26, outpacing major blockchains and marking a record-high transaction count.
A group of important Japanese institutions are working together to propose the launch of ETFs that focus on Bitcoin and Ethereum. This group includes Mitsubishi UFJ Trust and Banking Corp, along with brokerages like Nomura and Daiwa Securities, and crypto exchanges like bitFlyer and Bitbank.
With Solana's dominance over the decentralized crypto market growing significantly, the top dApps over Solana are gaining momentum. With a strong breakout or reversal rally among its top performers, here are the top Solana-based altcoins for a 2x rally this week.
With Ethereum (ETH) showing major underperformance with the rest of the crypto market, and the ETH/BTC pair hitting multi-year lows, there's a common perception building up that ‘Ethereum is dead'. However, based on some on-chain metrics, market analysts have been bursting this myth while expecting an ETH price surge ahead.
Solana's (SOL) 50-day Simple Moving Average (SMA) has started trending upward, poised to cross above the 200-day SMA in the coming days. This potential crossover is a bullish signal known as a “golden crossover,” and it often hints at significant upward price momentum.
"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.
The Ethereum Foundation has made headlines by selling a significant portion of its Ethereum (ETH) holdings. Between January 2 and October 23, the Foundation executed 37 separate transactions, collectively offloading 6,646 ETH in exchange for DAI, generating around $17 million.
Ethereum trades near critical support at $2,470 while experiencing a six-week high in whale activity and increased trading volume, as technical analysts project potential moves to $4,000-$6,000 if current support holds.
HKEX's new index series is the first in Hong Kong to align with EU financial standards.
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Hong Kong Exchanges and Clearing Ltd. announced that the “HKEX Virtual Asset Index Series” will go live on Nov. 15.
The Ethereum co-founder said the foundation uses the money earned to fund essential projects while avoiding market influence tied to staking.
Ethereum price remains in a deep bear market, continuing to underperform other top cryptocurrencies like Tron, Bitcoin, and Solana. The ETH token was trading at $2,500 on Monday, a few points above last week's low of $2,385.
Vitalik Buterin, co-founder of Ethereum, claimed the highest share of “KOL (Key Opinion Leader) mindshare” on Crypto X this past week.
In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation's financial practices and its contributions to the ecosystem.
Ethereum (ETH) is experiencing a noticeable decline in price, trading around $2,495 after a recent unsuccessful attempt to break through the resistance level of approximately $2,760. Over the past five days, the leading altcoin has seen a drop of over 5%, raising concerns among investors and analysts about its immediate future.
Over $1.5 billion in crypto tokens is set to flood the market this week, led by major unlocks for TIA, SUI, MEME OP IMX ZETA TRIBL DYDX GAL ADA AGI, etc. which will see huge amounts added to their circulation.
As Bitcoin remains volatile near the $67k level, Solana makes a comeback with its growing influence in the decentralized market. With Solana surpassing Ethereum in daily DEX volumes, the SOL price skyrockets.