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news-imageOctober 30, 2024

Ether Gains 2.5%, Primed for More Upside as Negative Sentiment Leads to Dangerous Short Skew

Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.
Publisher: Coindesk
Sentiment: Positive
ETH

More News Articles

Positive
cover-imageThe Currency Analytics
October 30, 2024

Ethereum Withdrawals Surge: What It Means for ETH Prices

Ethereum (ETH) has seen a remarkable surge in activity recently, with over 300,000 tokens withdrawn from exchanges within a single week. This significant movement coincides with ETH's price stabilization around the $2,500 mark, suggesting a potential change in investor sentiment that could influence the cryptocurrency's trajectory moving forward.

Positive
cover-imageCrypto Economy
October 30, 2024

Morph Public Chain Goes Live on Ethereum: The Global Consumer Layer

TL;DR Morph Public Chain has officially launched its platform on the Ethereum mainnet, improving the accessibility of blockchain technology for everyday users. During the test phase, it registered over 6 million addresses and completed over 100 million transactions, with more than 200 projects implemented on the platform.

Positive
cover-imageCrypto Daily
October 30, 2024

Crypto Price Analysis 10-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INTERNET COMPUTER: ICP, CELESTIA: TIA

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

Negative
cover-imageThe Currency Analytics
October 30, 2024

Ethereum Whales Buy the Dip, But Could ETH Slide Further to $2.3K

Ethereum (ETH) has had a challenging week, recording a significant drop of over 6%—the biggest decline among the top five altcoins. While some large investors, known as whales, are seizing this dip as a buying opportunity, the price action and market dynamics indicate that ETH could still slip further, potentially to $2.3K.

Positive
cover-imageCointribune
October 30, 2024

Ethereum ETF: the record figure that puts Fidelity ahead of BlackRock and all the others

The asset management giant Fidelity takes the lead over its rival BlackRock in the race for Ethereum ETFs, with capital inflows reaching 5 million dollars. This remarkable performance comes after a two-day period with no notable activity, demonstrating a significant resurgence of interest from institutional investors in the second-largest cryptocurrency.

Positive
cover-imageBenzinga
October 29, 2024

Bitcoin Flirts With All-Time High, Ethereum, Dogecoin Surge: 'Stay Tuned,' Says Trader Who Sees 'Only One Untagged High Left'

Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.

Positive
cover-imageInvezz
October 29, 2024

Toncoin poised to surpass Ethereum as TON gains 500K holders daily

Telegram-based Toncoin (TON) has seen significant growth since its inception, and the current trends show that it could dethrone Ethereum in holders count. CryptoQuant analysis shows that Toncoin has attracted massive investors, with TON holders increasing from 7.12 million to 108 million between 15 March 2024 and 17 October.

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