The world's second-largest cryptocurrency Ethereum (ETH) is posing a strong recovery in the market jumping over 5% and shooting past $3,100 levels. After facing strong selling pressure for a few weeks, the ETH bulls are once again taking up the charge with the SEC decision on the spot Ethereum ETF approval just a week from
The top crypto prices today recovered as the Bitcoin (BTC) price inched closer to the $67,000 mark. In addition, the Ethereum (ETH) price surged past the $3,100 level.
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system.
As the second-largest cryptocurrency by market capitalization, Ethereum has charted a remarkable trajectory since its inception. Born out of a vision for decentralized computing and smart contracts, Ethereum has evolved into a robust blockchain platform that powers a multitude of decentralized applications (dApps) and digital assets.
Ethereum (ETH) is showing signs of a bullish resurgence, retaking $3,000 as whales double down. With positive technicals aligning, is the stage set for ETH's next rally?
The Ethereum (ETH) market is experiencing a period of volatility as investors grapple with the implications of a surge in ETH 2.0 staking withdrawals. Despite a brief climb above $3,040 on May 17, Ethereum's price trajectory remains uncertain, with recent spikes in withdrawals threatening to disrupt its recovery phase.
Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%.
Bitcoin has been on a steady rise, and the recent price action suggests that nothing can stop it before it hits $71,000. Analyzing the chart, BTC has successfully broken through several key resistance levels, finally showing us some bullish momentum.
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols.
Figment has collaborated its protocol staking solutions with Maple Finance, which claims to set itself apart as an innovator in the digital asset lending space with its diversified lending solutions.
Buterin also discussed the continuous technical advances and community challenges. In his discussion of block builders, Buterin primarily focused on the Miner Extractable Value.
Popular cryptocurrency analyst and trader Michaël van de Poppe has liquidated his Bitcoin holdings. Van de Poppe, a prominent figure at the Amsterdam Stock Exchange known for his sharp market insights, announced this strategic move to his 718,100 followers on social media platform X on May 16.
ETH price hit $3,100, backed by a favorable court ruling and increased network activity.
Despite industry pessimism, spot (ETH) exchange-traded funds (ETFs) that give investors access to Ethereum's ether (ETH) could be approved sooner rather than later, according to Coinbase, the largest crypto exchange in the United States.
Decline in interest in NFTs has led to a drop in sales volume and general market capitalization over the last 30 days.
Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?
Ethereum is a legacy chain that has scaled over time to address the needs of the ever-demanding global user base. To relieve the mainnet of the deluge of transactions, more layer-2 platforms have sprouted.
Ethereum (ETH) stands out as a beacon of innovation and potential. With the second-largest market capitalization in the crypto space, Ethereum has long been heralded as a trailblazer in decentralized finance (DeFi) and non-fungible tokens (NFTs).
With a decision on the approval of spot Ethereum ETFs looking on May 23, the cryptocurrency community is discussing whether Ethereum (CRYPTO: ETH) is ready to rebound. What Happened: Cold Blooded Shiller kicked off the discussion by referencing a thread he wrote back in November when Ethereum was at a psychological low.
A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world's second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000. Here's When Ethereum Will Reach $10,000 A crypto analyst identified as ‘Yoddha,' on X (formerly Twitter) has announced the timeline for Ethereum's ascent above $10,000.
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.
America's biggest crypto exchange Coinbase is confident that the SEC will approve spot Ethereum ETFs very soon, despite broader pessimism.
Vitalik Buterin, co-founder of Ethereum, has shared his insights on the future steps for enhancing the Ethereum network's permissionlessness and decentralization. Writing from an Ethereum developer interop in Kenya, Buterin talked about the ongoing technical improvements and addressed common issues within the community which showed that it was essential to enhance user and node operator
In an eye-catching development, ancient wallets connected to Vitalik Buterin, the cofounder of Ethereum (ETH), have resurfaced amid the current surge in ETH prices.
Coinbase Research on Friday released a new report suggesting that the odds of approval for a U.S. spot Ethereum ETF are higher than what the current market pricing indicates. What Happened: According to the research, prediction market platform Polymarket is pricing in a 16% chance of approval by May 31, 2024, while the Grayscale Ethereum Trust (OTC:ETHE) is trading at a 24% discount to its net asset value (NAV).
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June.
Coinbase Research has issued a detailed report, written by David Han, emphasizing that the likelihood and timing of a US spot Ethereum (ETH) exchange-traded fund (ETF) approval are significantly underestimated by the market. The potential approval of such an ETF is poised to bring profound changes to Ethereum's market dynamics.
Vitalik Buterin, the cofounder of Ethereum, recently engaged in a discussion on X (formerly known as Twitter), shedding light on the future of Ethereum and the ambitious goal of building a free and open internet. This interaction, initiated by a tweet from Josh Stark, showcased a diagram illustrating different mindsets in the crypto community, ranging from definite optimism to indefinite pessimism.
Coinbase said that the market is underestimating the odds and timings of a potential spot Ethereum ETF approval, thereby leaving sufficient space for upside surprises.
Coinbase projects that Ethereum (ETH) might outshine other cryptocurrencies shortly.
The mismatch leaves room for “surprises to the upside” for ether, according to Coinbase analyst David Han.
In an interesting move, Ethereum's price gained some strength and rose above $3000 after struggling to reach these levels. This move has also been recorded in another popular altcoin, Solana which is strongly heading towards $170. The growing optimism over the ETH and SOL prices has again fueled the altseason narrative.
Market analysis: absence of selling pressure from unlocked tokens and miners
Bitfinity Network has announced a groundbreaking development in the blockchain space by enabling Ethereum Virtual Machine (EVM) compatibility on the Internet Computer (ICP) platform. This move allows for seamless integration of Ethereum's smart contract functionality with Bitcoin-based assets, marking a significant milestone in cross-chain interoperability.
Despite Ether lagging behind its rival Bitcoin this year, Coinbase suggests the cryptocurrency holds strong long-term potential and may surprise the upside. In a research report released on Wednesday, Coinbase analysts provided an optimistic view of ETH, underscoring its resilience and growth potential in the evolving digital asset market. Year-to-Date Performance: ETH vs.
While Bitcoin appears relatively balanced between long and short positions, Ethereum price weakness has dampened market confidence.
TL;DR Massive Expiry: A substantial number of Bitcoin and Ethereum options, valued at $2.1 billion, are set to expire today, potentially impacting market dynamics. Market Sentiment: Bitcoin options show a preference for calls with a Put Call Ratio of 0.63 and a Maxpain point at $63,000, while Ethereum's bullish sentiment is even stronger with a Put Call Ratio of 0.
Traders are predominantly bullish on ETH while Bitcoin's price suggests lower risk. What else though?
Anton Peraire-Bueno and James Peraire-Bueno, siblings operating Ethereum validators, face charges in the Southern District of New York, including wire fraud, conspiracy to commit wire fraud, and money laundering.
Crypto investors hope that Sui can become the proverbial next Ethereum.
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Ethereum is well-positioned for significant upside with several noted crypto analysts predicting prices could surge to $4K and beyond in coming months, citing favorable on-chain supply dynamics, booming DeFi fundamentals, ETF catalysts and bullish technical setups.
Coinbase Institutional is a division of Coinbase that caters to the needs of institutional investors, such as hedge funds, family offices, endowments, and other large-scale financial entities. It provides secure custody services through Coinbase Custody, offering segregated cold storage with robust security measures and insurance coverage.
Ethereum (ETH), one of the leading cryptocurrencies, has recently been on a volatile journey, capturing the attention of investors and market analysts alike. The cryptocurrency market, known for its rapid price changes, has seen Ethereum testing significant support levels, sparking both concern and excitement among stakeholders.
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
A recent report by CoinGecko underscores Solana's dominance, revealing it as the fastest among significant blockchains.
After one very long ride, Ethereum (ETH) has finally breached the psychologically important $3,000 price mark. While this calls for celebration, investors are advised to exercise caution as headwinds lie ahead.
The recent CPI data, which indicated that US inflation grew at a slower pace in April, had an immediate and positive effect on the cryptocurrency market. Following the release, Bitcoin's price surged from $62,000 to $66,000, while major altcoins such as Ethereum and Solana (SOL) also experienced significant gains.