Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.
Ethereum is following Bitcoin's lead toward $4K, but strategic manipulation is keeping it just out of reach.
The Ethereum (ETH) price pushed above $4,100 for the first time this year on Monday, as bullish sentiment rises following Bitcoin (BTC)'s renewed push to fresh record levels above $107,000. The post BlackRock Exec Predicts Massive Ethereum ETF Boom – Is $5,000 ETH Next? appeared first on Cryptonews.
Crypto investment products saw $3.2 billion in inflows last week as ETF hopes drove investors towards XRP, according to CoinShares.
Ethereum broke above $2800 in early November, triggering our Bullish path. We expect a top of around $4800, a pullback to $3200, and then a rally to at least $10000.
Ethereum gaming platform Nifty Island is launching its ISLAND token. Here's what you need to know about the airdrop, tokenomics, and more.
Bitcoin hit a new all-time high of $107,822 according to Coingecko data on Monday, as bullish hopes are fueled by President-elect Donald Trump reportedly contemplating an executive order to establish a Strategic Bitcoin Reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $106,240.24 +3% Ethereum (CRYPTO: ETH) $4,052.99 +4% Solana (CRYPTO: SOL) $217.53 -1.5% XRP (CRYPTO: XRP) $2.48 +2.8% Dogecoin (CRYPTO: DOGE) $0.4049 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00002744 -0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 2.9% and daily active addresses falling by 0.4%.
U.S. spot ETFs for bitcoin and ethereum maintained consecutive weekly inflows with $2.17 billion and $855 million each. Bitcoin and Ethereum ETFs Hit Significant Weekly Inflows Bitcoin and ethereum exchange-traded funds (ETFs) hit significant weekly numbers, as both ETFs maintained their inflow streaks. Metrics from sosovalue show that U.S.
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
The asset manager published price projections for leading crypto assets and other speculations that could propel the crypto market to new frontiers in the coming year.
Cryptocurrency investment products saw over $3.2 billion inflows over the past week, making the tenth consecutive weekly inflows these products have seen and bringing their total to now top $44.5 billion. Bitcoin investment products led the market, with investors moving $2 billion to these funds.
Bitcoin spiked to yet another new record on Monday, nearing the $108,000 mark, while Ethereum rose to a price not seen since 2021.
Ethereum (CRYPTO: ETH) has surged past the $4,000 milestone again, fueled by widespread market optimism and unprecedented inflows into ETH-focused ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $4,065.94 $489.6 billion +4.2% +6.5% Bitcoin (CRYPTO: BTC) $106,464.31 $2.1 trillion +3.1% +9.4% XRP (CRYPTO: XRP) $2.47 $141.8 billion +2.1% +3% Trader Notes: With prices trading around 5% higher on Monday, crypto trader DonAlt tweeted, $ETH 👀 pic.twitter.com/eanzXmw007 — DonAlt (@CryptoDonAlt) December 16, 2024 SmileyCapital shared with his followers that now is an opportune moment to buy ETH, suggesting $4,000 might be "the cheapest ETH you'll see for a very long time.
The Matrixport report predicts that Ethereum could restore its dominance in 2025. ETH dominance fell from around 18% to 12% this year.
Ethereum relatively sluggish price performance compared to Bitcoin's continuous rise appears to have captured the attention of crypto analysts. While Bitcoin has created a new peak above $106,000 earlier today, Ethereum's price still sits below $4,000 with a current trading price of $3,943, marking a modest 1.4% increase over the past 24 hours.
The Ethereum market has been relatively calm recently, with its price oscillating within a narrow trading range. This is in line with the broader cryptocurrency market, which has been experiencing a consolidation phase.
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Ethereum price today trades at as of . The drop comes after ETH hit a daily high of after % move on.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
The stablecoin will be backed by USD deposits and US government bonds.
Crypto investment products saw inflows of $3.2 billion last week, for tenth consecutive week, primarily driven by Bitcoin (BTC) and Ethereum (ETH).
2024's digital asset inflows have hit an all-time high a it climbed above $44 billion - more than four times higher than previous years.
As chill winds blow outside, the crypto market is heating up. With 2024 nearing a close, the cryptocurrency market is abuzz with talk of a ‘Santa Rally,' spurred in large part by two pivotal developments.
Bears are keeping the pressure on at the beginning of the week, according to CoinMarketCap.
After facing rejection at the critical $4K resistance and retracing to the $3.5K support level, Ethereum witnessed a strong resurgence of buying pressure, triggering another impulsive rally. The price has once again approached the $4K resistance, where a potential breakout could ignite a short-squeeze, driving Ethereum higher.
Ethereum price holds steady amid heightened investor interest ETH/USD has held steady above the previously strong resistance zone of $3,750 for close to a week; trading close to the 9-month high it hit earlier in the month.
Ethereum's price recently surged to $4,000, and the timing of this movement suggests a potentially significant institutional presence in the market. Just six hours before the spike, two multi sign wallets, which share a common creator address, withdrew a total of 4,502 ETH worth $17.54 million from Binance and staked them.
Justin Sun is said to have initiated a withdrawal request of over 50,000 ETH from Lido Finance.
A major move could redefine the outlook for Ethereum as the crypto market undergoes a consolidation phase. On December 14, an exceptional transaction of 418 million dollars, equivalent to 108,521 ETH, was recorded.
Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.
On-chain activity on L2 expanded in 2024, while the Ethereum main net retained a baseline level of activity.
TL;DR Ethereum's (ETH) price surged to $4,000 following significant activity from two newly created multi-signature wallets, which withdrew a combined total of 4,502 ETH from Binance. The timing and scale of these transactions suggest potential institutional involvement, boosting the value of the staked ETH by 3% and generating an unrealized profit of over $500,000.
A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles.
The Ethereum market was seen experiencing a 2.36% surge in the last 24 hours, with ETH price settling near $3,951.
TL;DR Hyperliquid is growing significantly amid increased fund inflows into Bitcoin (BTC) and Ethereum (ETH) within the DeFi sector. The recent surge in BTC and ETH prices has led to notable fund inflows into DeFi protocols, with Hyperliquid becoming a major hub for value locked, reaching a TVL of $3.19 billion.
Ethereum is once again making headlines as it edges closer to the critical $4,100 resistance level. After building steady upward momentum, the bulls seem determined to reclaim control and challenge this key barrier.
Ethereum (ETH) faces potential market volatility after Tron (TRON) founder Justin Sun announced his intention to withdraw 52,905 ETH, valued at around $209 million, from Lido Finance (LDO). Sun's decision comes on the heels of a recent sell-off when Ethereum hit the $4,000 mark, raising questions about his intentions.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a realm of limitless innovations and a battleground for regulatory and economic conflicts. Here is a summary of the most significant news from the past week regarding Bitcoin, Ethereum, Binance, Solana, and Ripple.
Ethereum whales and institutions are accumulating. Whales have accumulated 6102 ETH tokens worth $23.84 million over the past day.
Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.
Whale activity on Ethereum has increased significantly since the end of November. According to on-chain data, ETH addresses with balances above $10,000 have surged significantly.
Ethereum whales have aggressively accumulated more coins in the past few weeks amid anticipated altseason in the near term.
After an impressive performance in the past two months, Ethereum (ETH) price has reached a crucial resistance level above $3,953, which could either delay or confirm further bullish sentiment.
Justin Sun's planned acquisition of 52,905 ETH coincides with Ethereum's strong market performance, as the asset trades near $4,000 with increased trading volume and positive market metrics.
The founder of TRON, Justin Sun, has applied to withdraw 52,905 ETH, worth $209 million, from Lido Finance. This could affect Ethereum's prices, says historical data.
As the 2024 bull market extends, fund inflows are reaching new records. Stable Ethereum (ETH) prices and new Bitcoin (BTC) price records are already reflected in DeFi.
The cryptocurrency market has achieved a new landmark, exceeding $3.7 trillion in market capitalization, after Bitcoin price soared to reach a new all-time high (ATH) of $106,488.25. The largest cryptocurrency has demonstrated a 5.37% and 15.19% in weekly and monthly gains, respectively, dominating the market with 56.13% with a market cap of $2.07 trillion.