Ethereum is currently navigating a crucial phase in the cryptocurrency market. After a notable surge of over 10% in the past week, the price of ETH is testing the critical resistance zone around $2,700.

The organization worked with the emergency response team SEAL911 and others to recover assets the exploiter had missed.

Ethereum whales have been gobbling up ETH in the past month, according to the crypto analytics firm IntoTheBlock. IntoTheBlock notes that whale wallets holding more than 0.1% of the total Ethereum supply added more than 1.7 million ETH in net inflows to their combined holdings in the past 30 days.

Cryptocurrency markets are trading higher as BlackRock's Bitcoin ETF accumulated $1 billion in BTC this week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $68,954.45 +2.9% Ethereum (CRYPTO: ETH) $2,665.94 +2.9% Solana (CRYPTO: SOL) $156.04 +5% Dogecoin (CRYPTO: DOGE) $0.1388 +14.2% Shiba Inu (CRYPTO: SHIB) $0.00001889 +6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 16.4% and daily active addresses growing by 19.9%.

For much of the past year, predictions were rife that Ethereum's (ETH) price could reach five-digits. However, as Bitcoin (BTC) surged in 2024 while ETH lagged behind, market analysts have reassessed their forecasts.

Freedom Factory has launched Dgen1, dubbed the “Ethereum Phone,” a mobile device integrating Ethereum's ethOS v4.0 operating system for seamless crypto interactions. Freedom Factory's goal is to empower users with a “freedom-enhancing” technology that restores hope in technology by combating corporate control.

Ethereum might ignite the altcoin fire since it has set its eyes on making a more than 53% surge to the psychological threshold of $4,000.

Ethereum's supply reduction, rising Layer 2 activity, and demand signal future price growth.

Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device.

Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.

What are the solutions proposed to address centralization concerns on Ethereum?

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

Cardano's ($ADA) popularity among investors continues to diminish in the face of stiffening competition among layer 1 projects.

Created by Freedom Factory, dGEN1 integrates Ethereum at the operating system level to streamline dapp interactions.

Data points to an Ethereum price rally to $3,000, but ETH charts imply that a few corrections could occur along the way.

A hacker published a series of posts Friday from EigenLayer's Twitter account, urging users to click on an apparent phishing link.

BlackRock's iShares Bitcoin Trust (NASDAQ: IBIT) ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain. What Happened: According to data from SoSo Value, spot bitcoin ETFs in the U.S. garnered $470 million on Thursday alone.

Singapore's DBS Bank has introduced a blockchain-driven banking service for institutional investors, featuring tokenization and smart contract capabilities. On Oct. 18, the leading financial institution stated that its DBS Token Services is designed to enhance transaction banking and improve operational efficiency for its institutional clients.

Ethereum Price continues to hover below a key declining trend line, delaying a breakout of the inverse head-and-shoulder setup. A successful move above this resistance could kickstart a massive rally for ETH that determines how high it can go by the end of October.

TL;DR EIP-7742 is included in the upcoming Pectra hard fork to improve Ethereum scalability. The new mechanism will allow dynamically adjusting blob gas targets and maximum values. An increase in blob count is expected, but other changes are unlikely to be implemented in this update.

The correction has not lasted long, and prices of the majority of the cryptocurrencies are rising today, according to CoinStats.

The Ethereum network is about to take a new crucial step in its evolution. The upcoming Pectra fork, scheduled for late 2024 or early 2025, aims to optimize transaction fees for layer 2 (L2) scaling solutions.

Asset management giant VanEck has slashed its long-term price forecast for Ethereum (ETH). Meanwhile, Matthew Siegel, head of digital asset research at VanEck, announced that the firm has reduced its 2030 price target from $22,000 to just over $7,300.

The rapidly evolving landscape of cryptocurrency, competition serves as a catalyst for innovation. At the forefront of this arena are Ethereum and Solana, two blockchain giants that have captured the attention of developers, investors, and users alike.

Neiro Ethereum nabbed considerable investor optimism across the broader market on Friday, witnessing nearly 10% gains in light of a partnership. The dog-themed meme token's community revealed that it is partnering with market maker DWF Labs, garnering noteworthy attention across the industry.

Cryptocurrency analyst Benjamin Cowen is forecasting the likely trajectory of Ethereum (ETH) against Bitcoin (BTC) over the coming weeks and months. Cowen tells his 866,700 followers on the social media platform X that the Ethereum/Bitcoin (ETH/BTC) pair is “likely” to bottom out before the end of this year.

The rising demand for Ethereum, as shown by notable cash inflows to US spot Ether ETFs in the recent past, is a major boost for the ongoing bullish outlook.

TL;DR ethOS unveils dGEN1, a hardware device optimized for Ethereum dApps, featuring a built-in Web3 browser and integrated wallet for secure and efficient digital asset management. Light client technology in dGEN1 enhances blockchain interactions without the need for full node resources, improving security and performance. Preorders via NFT on the Base layer-2 network cost 0.

Buterin's plan focuses on keeping Ethereum's main network decentralized, making sure Layer 2 solutions stay true to Ethereum's core principles.

This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.

On 4 October 2024, Matthew Sigel, Head of Digital Assets Research at global investment firm VanEck, along with investment analysts Patrick Bush and Nathan Frankovitz, published a blog post titled “VanEck Crypto Monthly Recap for September 2024,” where Sigel discussed Ethereum's recent underperformance compared to Bitcoin (BTC) and Solana (SOL).

Ethereum consolidates above $2,580 as whales accumulate ETH and Ethereum-based altcoins, with price predictions suggesting potential for significant future growth.

On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

Asset management leader VanEck has drastically cut down its long-term price estimate for Ethereum's ETH token.

Ethereum is at a pivotal moment in its evolution with a bold initiative called “The Surge.” This strategy is designed to tackle significant scalability challenges that have long affected the Ethereum network.

Ethereum developers have announced the inclusion of major features into the coming upgrade, known as Pectra.

The crypto world is on high alert as $1.62 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are about to expire this Friday. Bitcoin has recently reached the strong $68,000 mark, suggesting the start of a possible bull run, especially with October being a historically good month.

Ethereum-based operating system ethOS has introduced dGEN1, a hardware device for engaging with onchain dapps and running a light client.

The APR of ETH compared to the yield rate of USA bots.

As Bitcoin (BTC) price teases to spike above the crucial support/resistance level around $68k, Ethereum (ETH), the largest altcoin with a fully diluted valuation of about $316 billion and a daily average traded volume of around $15.1 billion, approached a crucial resistance level around $2,626.

Ethereum holders are looking forward to a positive market following a surge in open interest positions. This comes after the asset underperformed compared to other assets in previous months as sentiments plunged.

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders' profitability.

Ethereum's ACDC call #144 focused on EIP 7742, Pectra upgrades, and PeerDAS specifications, aiming for enhanced scalability and network efficiency.

A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain's Dencun upgrade in March.

Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.

Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone.