Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is now poised for a notable upside rally after breaking out from a strong resistance level. This crucial breakout occurred just after the U.S.

A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.

Bitcoin just made a new all-time high, but ether is the real winner here.

Ethereum (ETH), one of the most established cryptocurrencies in the market, has witnessed an impressive rise in value over the past few years. With its decentralized network enabling smart contracts, decentralized finance (DeFi), and other innovative blockchain solutions, ETH has become a staple of the crypto ecosystem.

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.

Tether reallocates $2 billion USDT to Ethereum, highlighting strategic liquidity moves and reaffirming its market dominance amid shifting blockchain demands.

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TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09% and 6.20%, respectively. The platform continues to improve its PoR with advanced technologies such as zk-SNARKs and provides a complete representation of assets, liabilities, and collateral.

Ethereum experienced a strong start to November, triggered by a $500 million influx into the cryptocurrency market following Donald Trump's election win. The recent rise in Ethereum's price has led analysts to speculate about the start of a bull run.

In the latest X post, veteran trader Peter Brandt shared a trader's perspective on Solana and Ethereum. He noted that both are poised for upside breakouts to join Bitcoin; however, he specifically pointed out Solana and urged the users to notice SOL breaking out into new highs. $ETHUSD vs.

Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains.

The Ethereum network is preparing for the Pectra upgrade to go live on the mainnet in the first quarter of 2025 through the Mekong testnet.

Peter Brandt, considered by many to be a trading legend, who has been active on the financial markets since the 1970s, recently shared a fresh perspective on the price performance of two major altcoins: Ethereum (ETH) and Solana (SOL).

The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader's perspective.

Ethereum and Tron are building positive momentum and are ready to surge higher, while Sui has reached record levels following the U.S. election

Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors.

Mekong testnet allows developers to test UX and staking updates ahead of the Pectra upgrade. Stakers can experiment with new deposit and withdrawal workflows.

Eclipse Foundation announced on Nov. 7 that Eclipse, a Solana Virtual Machine-powered layer-2 on Ethereum, had launched its public mainnet.

An Ethereum whale with a dormant account since 2016 recently reactivated to sell 11,005 ETH, earning a $30 million profit as Ethereum prices surge. The transaction highlights Ethereum's long-term investment appeal amid rising crypto market optimism. Analysts weigh in on Ethereum's potential for continued growth. The post Dormant Ethereum Whale Reactivated After Eight Years, Makes $30 Million from Trading appeared first on Cryptonews.

The price of Ethereum (ETH) has risen significantly and has crossed the moving average lines. Ether has risen to $2,700 and is approaching the resistance of $2,850.

Mattereum may move to Washington D.C., which would mark a reversal of the trend of crypto companies threatening to leave the U.S.

World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1 million in unrealized gains following a muted token sale last month.

A dormant Ethereum whale with $1.14B in ETH began selling today, offloading $37.38M in six hours.

Two of Ethereum's long term holders have sold $89.72 million worth of ETH as transfers into exchanges spikes.

This short-term testnet lets developers try out new features that focus on improving user experience (UX). It also aims to make Ethereum easier for people who “stake” or help secure the network.

Elevated interest rates in the U.S. have dented ether's appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

TL;DR Ethereum has seen a 7.39% increase in the last 24 hours, reaching a price of $2,811.13. Experts, such as VanEck's Matthew Sigel, believe that Ethereum could be “oversold” and that a significant rally is ahead. Technical analysis suggests that Ethereum needs to break above the $2,876 resistance to reach $3,000 and potentially $3,300.

The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.

TL;DR Mekong testnet launched as a testing platform for the Pectra fork changes on Ethereum. The testnet is designed for wallet developers and stakers to test new features before their implementation on Ethereum Mainnet. Mekong is temporary and will not affect other Ethereum networks like Holesky or Sepolia.

The Ethereum Foundation has released the Mekong Testnet in preparation for the Pectra fork upgrade.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the cryptocurrency market. Recently, it saw a notable 8.8% price increase in just 24 hours. This has led experts, like Matthew Sigel, Head of Digital Assets Research at VanEck, to believe that Ethereum may have been oversold.

The role of Ethereum in the stablecoin market is growing again.

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

Ethereum Foundation launches Mekong testnet for devs to experiment with new features before the Pectra hard fork.

In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.' This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.

The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.

Ethereum developers have introduced a temporary test network named Mekong for next year's Pectra upgrade.

Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork.

While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.

Check out how high ETH's price may jump in the following months (according to some popular analysts).

Two long-term Ethereum whales from the ICO era re-emerged, collectively selling 33,701 ETH worth $89.11 million as the ETH price rallied to $3,000.

A number of analysts believe Ethereum is more than ready for a monster rally, and predict ETH could reach $5,000 or even $8,000 next year.

Justin Sun, the creator of the Tron blockchain, and now the owner of two exchanges – Huobi and Poloniex – has shared a bullish outlook for the near future of the cryptocurrency market, specially stressing the second largest cryptocurrency Ethereum.

A lot of movement in dormant Ethereum (ETH) wallets has been seen lately as longtime holders take advantage of recent price spikes. First, Spot On Chain announced that two major Ethereum holders sold a total of 33,701 ETH, which is worth about $89.72 million.

Ethereum is on the move! After breaking past a key resistance level, Ether's price is now aiming for the $3,000 mark.