What's next for ETH price amid intense selling from ICO-era whale?
Ethereum (ETH) price has recently experienced a 13% decline, with prices dipping towards the end of September. Despite this drop, Ethereum is currently holding strong above its bear market support floor, suggesting that the cryptocurrency may be poised for a recovery.
A continuous challenge: Ethereum ETF vs Bitcoin ETF. In this article, we will compare the inflows and recent performances.
Scroll's airdrop screenshot, or the last eligible date to use the protocol to receive a share of SCR tokens, will occur on Oct. 19.
Concerns regarding Ethereum's decentralization have been raised since 2022 due to Lido Finance's increasing market share in Ethereum staking. Lido is a staking protocol that collects substantial amounts of Ethereum from users.
A top crypto analyst took to X recently to give a bearish forecast for Ripple (XRP), saying the community will not see a bull run. Also, whales have moved approximately $250 million worth of Ethereum (ETH) to centralized exchanges.
Data from Lookonchain, a renowned analytics account on X, the Ethereum Foundation made a massive transfer that shocked the community. The Ethereum Foundation is a primary organization that supports the development of Ethereum.
Perplexity is an artificial intelligence (AI) model gaining the spotlight by its real-time web scanning to access up-to-date data. The AI recently appeared in a list of notable and feared competitors by OpenAI, ChatGPT's developer, as Finbold reported.
According to the latest figures from sosovalue.xyz, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) welcomed an impressive $235.19 million in inflows. Meanwhile, spot ether funds had a completely neutral day, with neither gains nor losses recorded. U.S. Bitcoin ETFs Secure Inflows While Ether Funds Stay Flat On Monday, bitcoin ETFs saw inflows of $235.
The divergence in the performance between Bitcoin and Ethereum ETFs underscores the unique market conditions each faces.
Ethereum's next big move might be dependent on external factors.
TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.
Spot Ethereum ETFs in the US have struggled since their July 2024 launch, recording zero inflows on October 7 and experiencing $550 million in outflows since launch.
Crypto exchange Binance has revealed the next Binance Launchpool project earlier today. In an official announcement, the platform revealed that it will list Scroll (SCR) on Binance Launchpool and premarket.
With massive whale sales, Ethereum is approaching crucial support at $2,300. Will it bounce back to $6,000 or collapse to $1,600?
Ethereum has been on a steady upward trend, with growing inflows and strengthening price levels increasing investor confidence. Wallets everywhere are seeing a rush of ETH deposits, and among them, Plus Wallet stands out as a secure wallet packed with top-tier features and valuable rewards.
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.
Eric Balchunas, a senior ETF analyst at Bloomberg, found himself at the center of a heated backlash from the Ethereum community after posting what they labeled as “misinformation.” Yesterday, Balchunas shared a passage from the book “Bitcoin: Beginner's Guide” by Benjamin Hart on X (formerly Twitter).
Bison, a retail broker of the Boerse Stuttgart Group, has launched its insured staking offer to provide customers with step-by-step access to simple and secure staking with Ether (ETH).
Bison has partnered with Munich Re and Staking Facilities to offer insured Ether staking, covering risks like slashing and fraud.
A rogue Ethereum fee of $700K was sent to a staking service and block builder StakeFish. The transaction may be the work of a hacker, and has been chased down by white hat hackers.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.
Bitcoin ETFs enjoyed their highest net inflows since Sept. 27, with FBTC and IBIT leading the way.
BlackRock, a major investment firm, now views Bitcoin as a "gold alternative" for wealth protection and Ethereum as a "technology bet," signaling growing mainstream acceptance of cryptocurrencies in the financial world.
Balchunas made a subtle comparison of the top two cryptocurrencies, saying that Ether “just isn't the same or as secure” as Bitcoin (BTC).
Binance claims to be the first platform to list the SCR token, though the pre-market end time and spot listing time are yet to be announced.
The US spot Ethereum ETF registered zero cash inflow on Monday compared to more than $235 million recorded by the spot Bitcoin ETFs on the same day.
ETH pledge rate has surged from 23.8% in January, showcasing increased investor confidence.
Users are generally concerned about conducting Ethereum (ETH) blockchain transactions. The reason is the high gas fee, which on some occasions might be quite unpredictable.
Binance has released its 23rd Proof of Reserves snapshot for October 2024, showing significant changes in the exchange's major crypto holdings. While Bitcoin (BTC), Ethereum (ETH), and USDT saw declines, Binance's native token, BNB, experienced growth, highlighting the company's changing asset management strategy. Binance released the 23rd proof of reserves (snapshot date October 1).
According to data provided by cryptocurrency analytics platform Lookonchain, an Ethereum (ETH) initial coin offering participant recently liquidated $12.2 million worth of ETH.
Phantom Wallet integrates Coinbase's Base, enabling seamless multichain support, enhanced security features, and easier access to DeFi and NFTs.
Binance's latest proof-of-reserves report shows a notable decline in user assets in September as the crypto market wandered in the red zone.
This month, the Ethereum market opened with a large red candlestick. By the third of October, it dropped to a low of $2,351.01. Currently, the market looks slightly bullish. On the fourth of October, buying pressure stepped in. The newly gained momentum is pushing the price upwards at this moment.
Vitalik Buterin sold the memecoin inspired by Moo Deng, Thailand's viral baby pygmy hippo, to raise funds for anti-airborne disease technology research, causing their prices to soar.
A game-changing upgrade proposal for the Ethereum (ETH) network is promising to slash transaction times and narrow the performance gap with faster competitors like Solana (SOL).
Spot Bitcoin exchange-traded funds in the U.S. saw a significant jump in net positive flows, while Ethereum spot ETFs saw a complete standstill. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged inflows of $235.
The crypto market recorded a notable bearish momentum over the past day, bringing increased liquidations. According to data provided by CoinGecko, the global crypto market capitalization declined by 3% in the past 24 hours — falling from $2.
Amid the short-term uncertainty being experienced in the cryptocurrency space, Ethereum (ETH) price has been attempting to regain bullish sentiment. The tier one altcoin, with a fully diluted valuation of about $292 billion, has been forming a potential bullish reversal in the daily time.
Bloomberg ETF analyst Eric Balchunas shared an excerpt from a Bitcoin book claiming Amazon could shut down Ethereum, riling up the blockchain's supporters.
Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees. What Is Ethereum Improvement Proposal – 7781?
As the Bitcoin unwinding continues, the world's second-largest cryptocurrency Ethereum has been facing an even steeper correction dropping another 7% on the weekly charts. The Ethereum price is trading much closer to the crucial support of $2,300 while the ETH whale selling has continued this week.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) became the market's best-performing cryptocurrency Monday, defying the slump in its sister coin Dogecoin (CRYPTO: DOGE). What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration behind DOGE and subsequent canine-themed cryptocurrencies, pumped over 19% to become the market's biggest gainer in the last 24 hours.
Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might find support near the $2,400 zone.
An Ethereum whale, who initially received 150,000 ETH through the project's Initial Coin Offering (ICO), has again started dumping coins. According to crypto analyst EmberCN, the whale moved another 5,000 ETH to Kraken.
Ethereum is showing signs of a rebound, with technical patterns indicating a breakout.
Though the market is currently not as favorable as some traders would like, Ethereum is displaying some strength as it approaches the $2,500 mark. Despite the fact that Ethereum has been rising lately, there are questions about whether there is enough momentum to keep the trend going given the lack of noticeable trading volume.