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news-imageOctober 8, 2024

Ethereum faces downward pressure as whale dumps $12 mln ETH

What's next for ETH price amid intense selling from ICO-era whale?
Publisher: AMBCrypto
Sentiment: Negative
ETH

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Positive
cover-imageCryptoGlobe
October 8, 2024

Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.

Negative
cover-imageCrypto Economy
October 8, 2024

Bloomberg ETF Analyst Faces Criticism Over ‘Ethereum Shutdown' Remarks

TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.

Neutral
cover-imageCoinPedia
October 8, 2024

Binance Crypto Holdings: BTC and ETH Decline While BNB Surges – October 2024 Proof of Reserves Report

Binance has released its 23rd Proof of Reserves snapshot for October 2024, showing significant changes in the exchange's major crypto holdings. While Bitcoin (BTC), Ethereum (ETH), and USDT saw declines, Binance's native token, BNB, experienced growth, highlighting the company's changing asset management strategy. Binance released the 23rd proof of reserves (snapshot date October 1).

Positive
cover-imageBenzinga
October 8, 2024

First Neiro On Ethereum, Inspired By Dogecoin Mascot Owner's New Dog, Shoots Up 19% — Sister Coin Reels At 4% Loss

Dog-themed meme coin First Neiro On Ethereum (NEIRO) became the market's best-performing cryptocurrency Monday, defying the slump in its sister coin Dogecoin (CRYPTO: DOGE). What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration behind DOGE and subsequent canine-themed cryptocurrencies, pumped over 19% to become the market's biggest gainer in the last 24 hours.

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