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news-imageJanuary 8, 2025

Ethereum (ETH) Price Drops 8% With Metrics Indicating Further Declines

Ethereum (ETH) price has dropped nearly 8% in the last 24 hours, nearing the loss of its $400 billion market cap. The sell-off has pushed ETH's RSI to 27.1, its lowest since December 20, signaling oversold conditions and weak market sentiment.
Publisher: BeInCrypto
Sentiment: Negative
ETH

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Positive
cover-imageCrypto Reporter
January 9, 2025

This AI Crypto's 100X Potential Sparks Huge Demand Among Ethereum (ETH) and Ripple (XRP) Whales – Future Top 10 Crypto?

The crypto market is buzzing ahead of the upcoming altseason and Donald Trump's inauguration. Amid rising positive sentiment, attention is on budget-friendly and promising altcoins, putting the spotlight on IntelMarkets (INTL). This new AI crypto is at the heart of the current market buzz with a projected 100x upside potential.

Positive
cover-imageCrypto Economy
January 9, 2025

Phala Introduces Innovative Layer 2 Rollup Technology on Ethereum

TL;DR Phala Network, a Polkadot-based parachain, launches its Layer 2 network on Ethereum with innovative technology. The collaboration with Succinct Labs and Conduit drives the use of zero-knowledge (ZK) and optimistic proofs. This move strengthens interoperability between Polkadot and Ethereum, focusing on privacy and decentralized computing.

Negative
cover-imageBenzinga
January 9, 2025

Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In 2025, Report Shows

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs faced substantial net outflows of $742 million on Jan.8. Bitcoin ETFs led the decline, recording $583 million in outflows, with Blackrock‘s (NASDAQ:IBIT), Fidelity‘s (CBOE: FBTC), and Ark & 21Shares (CBOE: ARKB) contributing $124 million, $258 million and $148 million, respectively, according to data from SoSo Value.

Positive
cover-imageBenzinga
January 9, 2025

Bhutan's Special Administrative Region Announces Strategic Reserve Consisting Of Bitcoin, Ethereum, BNB Coin: Bhutan Is Open To Other Cryptos, Says Changpeng 'CZ' Zhao

A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.

Positive
cover-imageUToday
January 9, 2025

Vitalik Buterin to Provide More Support to Ethereum, Here's How

Recently, Ethereum cofounder Vitalik Buterin made hints about putting more of an emphasis on core development and increasing his involvement with the larger Ethereum ecosystem. He discussed the necessity of striking a balance between Ethereum's technical advancements and increased visibility for initiatives and projects developing on the platform in a recent social media conversation.

Negative
cover-imageThe Currency Analytics
January 9, 2025

Ethereum Price Prediction: Bears Eye $2400 After 9% Dip

Ethereum's price has recently experienced a significant downturn, slipping by more than 9% and currently trading below the $3,350 mark. Despite maintaining a bullish trend above a critical support zone, the price action is showing signs of weakness.

Positive
cover-imageCrypto Reporter
January 8, 2025

Dogecoin Price Prediction: Why The Next Bull Run Could Propel DOGE To $5 And This $0.04 Ethereum Token To $10

As the cryptocurrency market prepares for its next bull run, analysts issue a new Dogecoin price prediction while the market focuses on a promising new Ethereum token, WallitlQ (WLTQ). The latest market forecasts highlight Dogecoin's potential for explosive rallies and WallitlQ's soaring presale adoption, which could drive its price to new ATHs.

Negative
cover-imageBenzinga
January 8, 2025

Bitcoin, Ethereum, Dogecoin Lower 'Corrections Are Typically Short-Lived,' Trader Prefers Not Going To $89,000 To $90,000

Cryptocurrency markets continued to slide lower on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,201.98 -2.3% Ethereum (CRYPTO: ETH) $3,279.33 -3.2% Solana (CRYPTO: SOL) $194.57 -4.9% XRP (CRYPTO: XRP) $2.32 +1.9% Dogecoin (CRYPTO: DOGE) $0.3362 -4.8% Shiba Inu (CRYPTO: SHIB) $0.00002113 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%.

Positive
cover-imageBenzinga
January 8, 2025

XRP ETF 'Very Soon,' Likely Next After Bitcoin And Ethereum, Ripple President Says

Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs. Long's comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.

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