Ethereum has recently seen a dramatic shift in its market dynamics, with a large number of ETH being withdrawn from centralized exchanges, particularly Binance. In the past two months alone, more than 7.8 million Ethereum have left Binance, drives speculation about the cryptocurrency's price movement and long-term prospects.
This push is part of a growing movement within the Ethereum community to increase the maximum gas that can be
XRP and ETH are neck and neck in a race to pull capital away from Bitcoin as market sentiment grows risk-averse. But only one will seize the moment.
It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve's hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week.
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
Strategic collaborations and decentralization: how Kraken is redefining the future of cryptocurrencies
Ethereum price resisted pressure to break below USD 3,600, signaling a reversal trend, but its DeFi performance is a potential limiter.
The Ethereum community is mobilizing to increase the network's gas limit, a key parameter for validators.
Ethereums price is under pressure after a 7% plunge triggered by the FOMC meeting. With bearish sell signals forming on the charts, ETH could drop to $3,100 unless bulls regain control at key support levels near $3,500.
Ethereum whale linked to Longling Capital acquired 6,000 ETH, continuing a pattern of buying low and selling high.
Ethereum price has dipped igniting fears of a potential price crash. Analysts highlight bearish signals, but some still predict a recovery.
A well-known Ethereum whale, most likely associated with Longling Capital, has taken an unexpected action in the wake of Ethereum's recent decline in value. The whale's purchase of 6,000 ETH shows confidence in a possible price spike.
The BlackRock iShares Ethereum Trust (ETHA) has continued outperforming its peers after recording a 14-day inflow streak. Per data from Farside Investors, ETHA recorded an $81.9 million inflow on Dec. 18, bringing its total inflow to $3.446 billion.
Bitwise CIO Matt Hougan predicts Ethereum will outperform Solana in 2025 due to Layer-2 network improvements and AI project development, while Solana maintains strong developer growth.
Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.
On December 18, 2024, Kraken, one of the largest crypto exchange platforms, announced the launch of its level 2 blockchain, Ink, on the Ethereum mainnet. This launch, initially planned for early 2025, was moved up due to the enthusiasm of the community and the rapid progress made by the development team.
Ethereum's market shifts with large Binance outflows and negative sentiment, raising speculation for a price rebound.
TL;DR Kraken's Layer-2 blockchain solution, Ink, launched ahead of schedule, driven by strong community support and developer enthusiasm. Ink integrates deeply with Optimism's Superchain, expected to drive Ethereum scaling and bolster both platforms' growth and ecosystem synergy.
The crypto world is in turmoil again. Over the past 24 hours, the total market value dropped by 3.4%. It's not just numbers on a screen—it's a sentiment shift that's making traders uneasy.
The Fed's FOMC meeting conclusion of fewer rate cuts in 2025 caused the crypto markets to crash. As a result, Ethereum closed 7% lower on Wednesday.
Bitcoin and Ethereum spot exchange-traded funds (ETFs) have recorded consistent inflows for two straight weeks, reflecting sustained investor interest. This comes as Bitcoin continues to trade around $100,000. The post Bitcoin and Ether Spot ETFs See Two Weeks of Inflows appeared first on Cryptonews.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors' sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs.
Speculating on coin prices is great fun, with everyone from Michael Saylor to the cab driver playing the game of predicting where crypto prices can go, usually the sky's the limit but there are real-world constraints. Deflationary tokens like Cardano have different rules governing them than unlimited supply tokens such as Ethereum.
After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
BlackRock's Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) witnessed a remarkable $860 million surge in just 24 hours. This surge underscores the growing interest from institutional investors in crypto-backed financial products, signaling a major shift in how traditional financial markets are engaging with digital assets.
Discussions about Ethereum's next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon.
The Ethereum market has recently seen a notable shift, with significant outflows from centralized exchanges sparking discussions about the near term trajectory of the cryptocurrency. Amid this, Ethereum has recorded a 2.4% decrease in the past 24 hours with a current trading price of $3,858, marking a 21.1% decrease away from its all-time high of $4,878 seen in 2021.
Ethereum price started a sharp decline below the $3,880 zone. ETH is down over 5% and is showing bearish signs below the $3,680 level.
Ethereums rapid evolution could push it ahead of Solana by 2025, according to Bitwise CIO Matt Hougan. With the blockchain landscape shifting, Ethereums advancements and AI project integration are setting it up as a top contender in the crypto space.
Base has outperformed Ethereum Mainnet, proving Layer 2 networks are emerging as dominant forces.
A popular crypto analyst thinks that Ethereum (ETH) is on the verge of printing a massive breakout rally also known as a god candle. Pseudonymous analyst Inmortal tells his 221,100 followers on the social media platform X that Ethereum's two-hour chart looks similar to Bitcoin's (BTC) price action over the last two weeks.
Ethereum (ETH) has recently been making headlines with its price action, briefly surpassing the $4,000 mark before experiencing a pullback. While this surge was short-lived, it reflects a strong undercurrent of investor interest, particularly from institutional players.
Bitcoin's New Year rally has stalled, prompting concerns about whether the bullish momentum is weakening. According to the given chart, Bitcoin is currently trading at $104,899, a 1.21% decrease after retracing slightly after reaching $106,214.
On-chain data from the analytics firm Santiment has revealed a striking trend in the Ethereum (ETH) market: the largest holders, or “mega whales,” now control more than 57% of the total supply of Ethereum. This growing concentration of ETH supply has significant implications for the network, particularly given Ethereum's shift to a Proof-of-Stake (Pos) consensus mechanism.
Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.
IntoTheBlock's data revealed that long-term holders currently held 110M Ethereum as they continued to increase their collective balances. Santiment's data, on the other hand, showed that 104 whale wallets with >100K ETH jointly held over 57% of the total supply worth $333.1B.
Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17.
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.
Kraken cryptocurrency exchange has launched its Layer-2 blockchain network called Ink on the Ethereum mainnet. This rollout, originally scheduled for early 2025, has occurred ahead of schedule.
The move reportedly comes “months ahead of schedule,” according to the company, which initially targeted early 2025 for a release.
As Ethereum lags with 70% gains in 2024, emerging L1 networks like Graphite are stepping up, offering faster speeds, lower costs, and a trust-driven blockchain ecosystem.
Ethereum spot ETFs have made headlines with a massive $145 million net inflow on December 17, 2024. This surge in investment marks a key moment in the growing institutional interest in Ethereum-backed financial products, further solidifying the cryptocurrency's place in traditional finance.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
BlackRock was the most aggressive buyer of ETH, building up a reserve of over 1M ETH for its iShares ETF (ETHA). Buying resumed in December, surpassing all other funds.
Project Dama 2 is part of Singapore's Project Guardian on blockchain asset tokenization. Deutsche Bank aims to launch the blockchain MVP in 2025, pending approval.