Ethereum (CRYPTO: ETH) co-founder, Vitalik Buterin, threw his support behind the cryptocurrency-based prediction market Polymarket, emphasizing its value in providing accurate information and preventing misinformation. What Happened: On Monday, Buterin argued in favor of the so-called decentralized prediction market that has grown in popularity this U.S. election season.

Spot Ethereum ETF products are faring below expectations, including BlackRock's iShares Ethereum Trust.

Bitcoin ETFs saw strong inflows of $494.4 million on Friday followed by more modest $61.3 million on Monday, while Ethereum ETFs experienced mixed flows with initial inflows followed by minor outflows at month's end.

Robert Mitchnick, the head of digital assets at financial giant Blackrock, recently addressed the underwhelming performance of Ether-based exchange-traded funds, predicting that things are not going to change for the better anytime soon.

Robinhood is positioning the move as a way to provide users with greater control over their digital assets and simplify access to DeFi.

Spot Bitcoin exchange-traded funds saw their eighth straight day of inflows on Sept. 30, whereas spot Ether ETFs experienced outflows following a day of positive flows.

Chainlink price has been on an upward trajectory throughout the month of September, rising by as much as 39% and making higher highs. Investors are closely watching this gem as they believe it could one day be bigger than even Bitcoin (BTC) and Ethereum (ETH).

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery.

Jesse Pollak, the creator of Ethereum's Layer 2 blockchain Base, has announced his new role as part of the Coinbase executive team, marking progress in his career.

Robert Mitchnick, the head of digital assets at BlackRock, recently admitted that the trading volumes and inflows for spot Ethereum ETFs are quite underwhelming against their Bitcoin counterparts. As we know, the market for Ethereum ETFs has turned dull and boring with not enough takers for the asset class, against the strong demand for Bitcoin.

The netflows chart did not support a strongly bullish Ethereum price prediction.

Binance will adjust the tick size of SOL USDⓈ-M and COIN-M Futures Contracts on October 14, 2024, to enhance market liquidity and user trading experience.

Digital asset inflows reached $1.2 billion, with Ethereum contributing $87 million, reversing its five-week outflows amidst improving market sentiment.

Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.

Ethereum price is correcting gains below the $2,650 resistance. ETH is now trading near the $2,600 support and might face many hurdles.

iShares Ethereum Trust ETF has underperformed compared to its highly successful Bitcoin ETF.

Leading cryptocurrencies retraced Monday as geopolitical tensions escalated after Israel launched a military operation in Lebanon.

BlackRock's commitment to educating investors on Ethereum could drive long-term growth and broader acceptance of digital asset ETFs. The post BlackRock sees potential in spot Ethereum ETF, despite slower uptake compared to Bitcoin appeared first on Crypto Briefing.

A wallet linked to Vitalik Buterin deposited 649 Ethereum worth $1.72 million to Paxos.

Ethereum co-founder Vitalik Buterin has stirred discussions within the crypto community by advocating for a concept he calls “Ethereum Alignment.” This initiative seeks to unify the diverse projects in the Ethereum ecosystem, ensuring that they collectively advance toward common objectives rather than existing in silos.

Global crypto investment products have surged, recording $1.2 billion in net inflows over the past week. This marks the third consecutive week of positive inflows and a notable shift in market sentiment, as highlighted by the latest report from CoinShares, a leading digital asset investment firm.

Trading volume for Dogecoin surged significantly recently, hitting an all-time high of $1.2 billion. The sudden surge in activity caused traders and investors to jump on DOGE, temporarily driving up its price.

A veteran trader known for timely crypto calls says he's bullish on one Solana (SOL) rival now that it's showing significant strength. Pseudonymous trader The Flow Horse tells his Telegram channel that he's “default bullish” on the native asset of the layer-one blockchain Sei (SEI) following its clearance of a multi-month resistance around the $0.

On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.

Ethereum ETFs recorded their largest inflow in over a month, bringing in $84.6 million last week.

The recent shift to inflows follows shifting macroeconomic winds.

An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond?

Ethereum restaking protocol EigenLayer will unlock the EIGEN token for trading tonight, nearly four months after the first airdrop.

How can crypto traders avoid the pitfalls seen in this unfortunate $6.3 million Solana meme coin story?

Ethereum, the second-largest cryptocurrency by market cap, has recently shown signs of a shifting market sentiment and momentum, according to an analysis by a CryptoQuant analyst named Percival. The analyst disclosed that various market conditions and technological developments have impacted Ethereum's momentum and have led to mixed views on its future growth trajectory.

Ethereum remains by far the largest smart contracts platform by market cap. Perched at second in the market cap leaderboard, the network hosts dapps cutting across multiple sectors.

Sui Bridge goes live on Mainnet, enabling native asset transfers between Ethereum and Sui, enhancing Web3 interoperability.

An increase in long positions as the price stagnates could signal an over-leveraged condition.

Cryptocurrency markets are trading lower to start the new week after record inflows into Bitcoin ETFs last week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,431.9 -3.6% Ethereum (CRYPTO: ETH) $2,589.2 -2.8% Solana (CRYPTO: SOL) $154.6 -2% Dogecoin (CRYPTO: DOGE) $0.118 -7.2% Shiba Inu (CRYPTO: SHIB) $0.00001779 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 6.05% and daily active addresses spiked by 4.9%.

Solana (SOL) is emerging as one of the most dynamic players in the cryptocurrency market, and the outlook for October 2024 appears even more promising.

FalconX's Head of Research David Lawant suggests that ETH staking yield likely to surpass yield from traditional risk-free investments.

Even though Ethereum's (ETH) price has not produced the gains that holders would hope for, recent data shows that investors holding the altcoin have remained resilient and optimistic. This could be surprising, especially as the Ethereum Foundation, which has been at the helm of selling ETH, has liquidated some assets again.

Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.

Despite being historically bearish, September turned out to be green for both Ethereum and Dogecoin.

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain.

Solana's coiling price against Bitcoin suggests it could be ready for a breakout soon.

TL;DR The Ethereum Foundation has sold more than $10 million worth of ether this year. The community is calling for greater transparency regarding the foundation's financial management. Vitalik Buterin suggests a strategy of spending 15% of the remaining funds annually. The Ethereum Foundation has been in the spotlight recently due to its significant ether transactions.

Amid the September market recovery, the Ethereum price rebounded from the 61.8% Fibonacci retracement level, indicating a healthy correction. As the ETH price gains momentum for the Uptober upswing, its resemblance to the 2023 market rally hints at a potential push to a $10000 psychological level.

Many crypto investors believe that the next upcoming bull market will spark another altcoin rally, pushing the most promising ones to the moon. Rexas Finance (RXS), a promising Real World Asset (RWA) tokenization platform currently priced beneath $0.1, is catching the attention of altcoin investors nowadays.

Ethereum co-founder Vitalik Buterin recently highlighted a significant challenge within the Ethereum ecosystem: finding a balance between decentralization and cooperation among its numerous projects.

A new week has started with a market correction, according to CoinStats.