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.

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.

Solana has continued to grow, clinching new milestones per daily net capital inflow as measured by the Artemis protocol.

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.

Solana has risen by 0.5% in the past 24 hours, as a new report finds that its network is the most popular among new crypto developers. The post Report Suggests New Developers Prefer Solana – Can This Push SOL to $500? appeared first on Cryptonews.

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.

Drake's X account was hacked and used to promote a fraudulent Solana-based meme coin, resulting in $5 million in trading activity before being exposed as a scam.

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.

In a recent analysis, crypto analyst Henrik Zeberg shared his optimistic outlook on Solana (SOL), the fifth-largest cryptocurrency by market capitalization.

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 cryptocurrency market has been anything but stable in recent weeks, with several major tokens grappling with resistance levels, shifting trends, and uncertain investor sentiment. XRP, Shiba Inu (SHIB), and Solana (SOL) are facing critical points in their price movements.

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.

Over the last week, a significant amount of cryptocurrency movement involved tokens from various blockchains being bridged to Solana, including over $200 million worth of Ethereum.

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.

As Christmas approaches, Solana price has gained momentum as the token shows bullish sentiment in the cryptocurrency market. Following Bitcoin's hovering above $105K, SOL is capable of continuing its upward move.

Ethereum whales and institutions are accumulating. Whales have accumulated 6102 ETH tokens worth $23.84 million over the past day.

Solana's price faces downward pressure despite strong holder conviction, while market data shows potential for a trend reversal due to high short interest and stable on-chain metrics.

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.

Xandeum has wrapped its six-week liquid staking program with a bunch of solid benchmarks. Distributing 205 million XAND tokens in rewards, the program saw more than 68% of available XAND staked by users, who were able to earn a 16% APY.

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.

The price of Solana has recently recorded a decline of 16.8% from its yearly peak, reflecting a pause in the crypto momentum. Despite this correction, technical and fundamental signals suggest long-term bullish potential.

Solana's daily net inflows have surpassed all other major blockchains, including Sui, Base, Arbitrum and Ethereum. On Dec. 15, the Solana network accumulated net inflows of $12 million.

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.

Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there's speculation that his activity could potentially impact the ETH market.

In the times when the markets are turning bullish, the Solana price is displaying a diverse trend with a possibility of testing the immediate lower support. The rising bearish pressure of the token raises concerns over the year-end targets as a significant shift in the liquidity.

Ethereum is expected to reach a new all-time high in the first quarter of 2025, according to analysts.

The price of Solana (SOL) has fallen between the moving average lines since December 2nd. Latest price analysis by Coinidol.com.

Tron founder Justin Sun has sparked speculations in the market with his recent plan to acquire around 53K ETH. Notably, this comes as the Ethereum price flirted near the $4,000 mark, with a surge of nearly 2% in its last 24-hour value.

The cryptocurrency market has achieved a new high by hitting a market capitalization of over $3.7 Trillion. With this, Bitcoin price today has achieved a new all-time high of $106,488.25 during the early Asian market hours. This highlights a strong bullish sentiment in the crypto space.

Ethereum spot exchange-traded funds (ETFs) are witnessing unprecedented investor interest, with a record $855 million net inflow during the week of December 9–13, 2024. The post ETH Spot ETFs Hit ATH of $855M, BlackRock ETHA Sees $523M Inflows appeared first on Cryptonews.

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Solana remained stable above the $215 level. SOL price is now recovering losses and facing hurdles near the $228 and $332 levels.