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news-imageSeptember 30, 2024

Ethereum (ETH) Price is Decreasing: What's Ahead?

Ethereum is showing signs of bouncing back as it finds strong support around its 50-day moving average, hinting at a potential rise in its price soon
Publisher: CryptoTicker
Sentiment: Neutral
ETH

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Neutral
cover-imageCrypto Daily
September 30, 2024

Crypto Price Analysis 9-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, DOGWIFHAT: WIF, POLKADOT: DOT, RIPPLE: XRP

Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.

Negative
cover-imageUToday
September 30, 2024

Is Vitalik Buterin Behind Latest Ethereum Price Dip?

As of this writing, the price of Ethereum (ETH) is facing a mild drawdown, and a fresh Vitalik Buterin transfer is coming into focus. Per data from crypto analytics platform SpotonChain, the address “0x556,” with ties to Buterin, sent 649 ETH to Paxos hours ago.

Positive
cover-imageThe Daily Hodl
September 30, 2024

Economist Alex Krüger Says Solana (SOL) Flipping Ethereum (ETH) ‘Very Feasible' – Here's Why

Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn't as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani's perspective that Solana will eventually flip Ethereum.

Positive
cover-imageBenzinga
September 30, 2024

Ethereum Staking Yields Set To Eclipse US Rates Amidst Bullish Crypto Market: Analysts — Powerful Narrative For A Price Boost?

Amid a warming cryptocurrency market, Ethereum (CRYPTO: ETH) staking yields are on track to surpass the federal funds rate, emerging as a “powerful supporting narrative” to drive the price of the world's second-largest cryptocurrency. What Happened: The gap between Ethereum's Composite Staking Rate and the Effective Federal Funds Rate, which has been negative since June 2023, was currently at its highest since December 2023, research by cryptocurrency brokerage firm FalconX showed.

Positive
cover-imageThe Daily Hodl
September 29, 2024

Coinbase Adds Highly Anticipated Yet-To-Be-Launched Ethereum Restaking Altcoin to Listing Roadmap

Top US crypto exchange Coinbase has added a yet-to-be-launched Ethereum (ETH) restaking project to its roster of potential upcoming listings. In an announcement, Coinbase says that it has added EigenLayer (EIGEN) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed.

Negative
cover-imageThe Currency Analytics
September 29, 2024

Vitalik Buterin Warns: Ethereum Blob Count Approaching Critical Limit

Ethereum co-founder Vitalik Buterin expressed significant concerns about the current state of the network's blob count, which he described as “uncomfortably close to a ceiling.” This warning comes as Ethereum continues to evolve, particularly following its recent Dencun upgrade that introduced crucial scalability features.

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