Ethereum validators signaling for a higher gas limit have grown to 10%, driven by community advocacy for raising the cap to improve network efficiency and reduce transaction fees.

After multiple delayed reviews, the United States Securities and Exchange Commission (SEC) has finally given its regulatory greenlight the first spot exchange-traded funds tracking both Bitcoin and Ethereum.

The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve's latest policy update. Bitcoin's price plunged nearly 10%, hitting a low of $93,000.

Ethereum price faces downward pressure as the SEC's approval of spot ETFs sparks new market movements. Will ETH recover, or will bearish trends prevail?

Bitcoin (CRYPTO: BTC) on Friday plummeted approximately 10% to a preliminary low of $92,250, influenced by the Federal Reserve's recent “hawkish” 0.25% rate cut and a combination of profit-taking and technical market forces, according to industry experts. Ethereum (CRYPTO: ETH) has followed Bitcoin down, falling 16% to $3,115.

Ethereum (ETH) is experiencing a decline in price today, largely due to several factors putting pressure on the altcoin. After reaching a high of $4,109 earlier this week, Ethereum's price has dropped by almost 20%.

Ethereum's gas limit may be raised from 30 million to 40 million to lower transaction fees by 15-33%. Supporters of the proposition argue it will boost dApp efficiency, while critics warn it could cause centralization and network strain.

Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai.

The funds will hold bitcoin and ether on a market cap-weighted basis. Other cryptocurrencies could be added pending regulatory approval.

Ryan Sean Adams, a general partner at Bankless Ventures, recently highlighted a groundbreaking development in Ethereum's ecosystem on social media platform X. According to Adams, an AI agent, @0xzerebro, became the first to stake 32 ETH and launch its own Ethereum validator on Dec. 12.

Ethereum (ETH) price has crashed over 11% dropping under $3,300 in the last 24 hours amid selloff by the Ethereum whale entities as well as the Ethereum Foundation. With ETH falling under the crucial support of $3,500 today, there have been heavy liquidations of long positions with analysts expecting the next support around $2,800.

Ethereum fell back to the $3.3K mark, losing by over 8%. The market saw $187.38 million worth of Ethereum liquidated.

The SEC approved two new crypto index ETFs, Hashdex's Nasdaq Crypto Index U.S. ETF and Franklin Templeton's Franklin Crypto Index ETF.

The crypto industry experienced a transformative year in 2024, marked by rapid user acquisition and shifting ecosystem dynamics.

Ethereum has experienced a 7% price decline, breaking below multiple support levels to trade under $3,550, with technical indicators suggesting continued bearish pressure in the immediate term.

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

The SEC has approved the launch of crypto index ETFs from Hashdex and Franklin Templeton, offering exposure to Bitcoin and Ethereum. They are set to launch in January.

The crypto market has reached a significant milestone as the US Securities and Exchange Commission (SEC) approves two groundbreaking exchange-traded funds (ETFs). The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF offer a unique proposition, blending spot Bitcoin and Ethereum investments into one streamlined package.

Deutsche Bank, one of the major European banking groups, is exploring various Layer-2 solutions on Ethereum.

Ethereum (ETH) has experienced sharp declines in recent days, forcing some of the cryptocurrency's largest holders to liquidate significant amounts of their holdings. According to market tracker LookonChain, the price of Ethereum has fallen by 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on the daily chart.

Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even greater selling pressure correcting 8-13%.

The SEC approved the first spot Bitcoin-Ether ETFs from Hashdex and Franklin Templeton, set to trade on Nasdaq and Cboe BZX. The post Hashdex and Franklin Templeton Secure SEC Approval for Bitcoin-Ether ETFs appeared first on Cryptonews.

Ethereum (ETH) has faced a sharp decline, dropping over 5% in the past day and falling below key support levels. This sudden downturn has left traders and investors questioning whether this is merely a short-term correction or a precursor to a larger bearish trend.

The crypto market will witness $2.62 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could affect short-term price action, especially as both assets have recently declined.

Following multiple review extensions since June, the regulator has approved the first dual Bitcoin-Ethereum ETFs.

Ethereum (ETH), one of the most dominant cryptocurrencies, has experienced significant volatility over the years but remains a major player in the blockchain space. As we move toward 2024, Ethereum's future outlook is both promising and complex, shaped by ongoing network upgrades, increasing institutional adoption, and its integral role in the decentralized finance (DeFi) ecosystem.

Securities exchange NYSE Arca has also expressed interest in listing a Grayscale crypto index ETF holding a diverse basket of spot crypto but has yet to receive approval.

The SEC just made history in the crypto world by approving two first-of-their-kind ETFs: the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These aren't your typical crypto investments.

Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has hit a surprising low—not in price but in investor sentiment. According to analysts, the current mood around Ethereum has dipped to its most negative levels in over a year, reflecting widespread uncertainty in the market.

The United States Securities and Exchange Commission (SEC) has approved dual cryptocurrency ETFs from Franklin Templeton and Hashdex. This marks a major step toward integrating Bitcoin and Ethereum into traditional financial markets through regulated investment products.

The SEC has approved combined Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton. This move expands combined institutional access to the two largest cryptocurrencies via spot-based investment vehicles.

A widely followed crypto trader is laying out one bullish scenario for Ethereum (ETH) that could send the top altcoin to five digits in 2025. In a new video update, Guy Turner, the host of CoinBureau, tells his 2.

SEC approves Hashdex and Franklin Templeton dual Bitcoin ETF, expanding institutional access amid market volatility. The post SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs appeared first on Crypto Briefing.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been steadily gaining attention as the crypto market shows signs of upward momentum. Over recent days, Ethereum's price has shown positive strength, leading many to believe that a major rally is imminent.

Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.

After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.

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Positive netflows to exchanges also surged to the highest level in a week as selling activity spiked.

The cryptocurrency landscape evolves, industry experts continue to debate which blockchain platform will dominate in the years to come. Matt Hougan, Chief Investment Officer at Bitwise, has made a bold prediction that Ethereum will surpass Solana by 2025.

Before Federal Reserve Chair Jerome Powell announced a 25 basis point (bps) interest rate cut, Ethereum (ETH) holders were optimistic that the event would fuel a rally toward $4,500. However, the rate cut did not yield the anticipated bullish outcome, with ETH experiencing a 4.50% decline shortly afterward.

Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100k. SEC approval likely in 2025 under pro-crypto leadership.

This year, the correlation between the cryptocurrency market and traditional finance is more entrenched than ever before. This was largely due to the introduction of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the arrival of BlackRock, VanEck, Fidelity and many other giant financial institutions to the market.

Ethereum's (CRYPTO: ETH) 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end. What Happened: Lookonchain data highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip.

As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year.

The Federal Reserve's hawkish tone for 2025 pressures crypto markets, cooling Bitcoin's rally while raising concerns over tighter liquidity and macroeconomic risks.