Ethereum surges around 6% in the last 24 hours, soon to lose 2%. Currently ETH is trading at $2,639 and still fighting to take an upper route, which looks very difficult to achieve looking at the market conditions.
According to the recent CoinShares report, last week, institutional investors increased their bet on XRP, while withdrawing funds from ADA and the second largest cryptocurrency, Ethereum. The report was shared on the X platform by Chinese cryptocurrency blogger and journalist Colin Wu on his personal page.
The performance of digital assets shocked market watchers as different products witnessed a significant second week of positive inflows. The crypto space recorded a massive $321 million to stay green at the close of trading.
Ethereum (ETH) has seen an increase in burn rate this month, indicating that usage and activity on the network have increased significantly.
In cryptocurrency trading, converting one digital asset to another, commonly known as a crypto swap, has gained significant popularity among investors and traders. This article aims to guide individuals through converting Saitama and TON tokens to Ethereum (ETH) using a crypto swap platform.
Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday.
Over the last three days, the Ethereum Foundation has shaken up the market by selling off 500 ETH. The organization has reportedly offloaded $10 million worth of Ethereum this year in separate events.
Following the ongoing global economic shift catalyzed by the recent Fed rate cut last week, more institutional investors are eyeing the Bitcoin (BTC) and altcoin industries. Furthermore, the impressive performance of Gold (XAU) is expected to boost the crypto bullish outlook in the fourth quarter.
Crypto bettors are speculating about another rate cut, with Polymarket showing a near-even split: 43% expecting a 50 bps cut and another 48% anticipating a 25 bps reduction.
Over the past few days, Ethereum (ETH) whales have been relentlessly selling their coins, dampening the market's momentum. Whale inflow into cryptocurrency exchanges has surged, indicating a strong desire for profit as the coin's price has skyrocketed by double digits over the past seven days.
As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion.
Ethereum has recently seen a surge in demand near the crucial $2.1K support zone, resulting in a significant bullish retracement. The price has now reclaimed the middle threshold of the multi-month descending channel, suggesting the potential for further gains toward the upper boundary near $3K.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
The crypto market just pulled in $321 million in investment inflows, marking its second straight week of positive fund movement, all thanks to the change in U.S. monetary policy. After the Federal Open Market Committee (FOMC) went last week, investors rushed in.
Ethereum's lag in inflows highlights potential investor skepticism and could signal shifting market preferences within the crypto sector. The post Crypto products see $321 million in inflows, Ethereum funds lag appeared first on Crypto Briefing.
Ongoing sell-offs may threaten retail investor confidence and market stability.
Discover insights on decentralized AI, the significance of Ethereum ETPs, and legal defense for crypto creators, according to a16z crypto.
Ethereum, the second-largest cryptocurrency by market cap, has recently seen a sharp rise in its transaction fees. As noted by crypto analyst Kyledoops, these fees have jumped by an astonishing 314%.
A large Ethereum holder just moved 3,510 ETH to the Kraken exchange, sparking fears that a big sell-off could be coming, which might push the ethereum price down.
Recently Shiba Inu has experienced a significant preemptive signal for the market as it has surged above the 50-day exponential moving average. Investors who have been waiting for a market recovery have hope as SHIB breaks above this technical level.
An Ethereum whale investor who held ETH for over two years has turned $150 million into over $300 million in ETH investments. The volatility inherent in cryptocurrencies is usually beneficial when met with investment intelligence.
Spot Bitcoin and Ethereum exchange-traded funds in the United States experienced joint net inflows to close the trading week, and both saw even larger inflows earlier in the week.
From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC's Bold Move
As the crypto market approaches the $2.20T market, Bitcoin eyes $64K, and Ethereum shows a bull run gaining momentum this week. Following the 7.53% run last week and a 5.8% jump a week before, the Ethereum price surpasses the $2,500 psychological mark.
Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world's largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.
An Ethereum ICO whale's $9.12M transfer to Kraken sparks concerns of market sell-offs, amid ETF outflows and technical indicators pointing to potential price drops.
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.
Ethereum is showing a steady recovery with a recent price increase, while closely tracking Bitcoin's movements. Significant whale activity and institutional inflows indicate heightened interest and potential volatility.
On-chain data shows increased selloff from Ethereum whales over the past week. But the asset's price remained bullish.
A participant in the Ethereum ICO has caught the market offguard by depositing 3,510 ETH, which is worth about $9.12 million, into Kraken. According to Lookonchain, this big move comes after the wallet was inactive for over two years.
An Ethereum investor just made an incredible $131.72 million by holding onto their Ethereum (ETH) during the 2022 crypto crash. According to the blockchain analytics platform Lookonchain, this savvy investor bought 96,639 ETH from Coinbase on September 3 and 4, 2022, when the price was just $1,567 per ETH.
Ethereum has recently come under the spotlight as crypto enthusiasts raise worrying questions about its fading popularity.
Two huge Ethereum transactions containing 8,510 ETH worth $21.9 million have been reported by the on chain analysis firm “Spot on Chain”. One of the wallets goes back to the Ethereum ICO era. Why these accounts are making these moves at this time might be a concern for the crypto community.
Ethereum (ETH), the second biggest crypto, recorded a recovery rally last week as the Federal Reserve cut interest rates by 50 basis points. As investors jumped into the market with prevailing bullish sentiments for the crypto market, some whales are trying to make an exit on a higher note.
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A cryptocurrency investor made a $131.72 million profit by holding onto Ethereum through the 2022 bear market, showcasing the benefits of a long-term investment strategy.
Over the past two weeks, Ethereum has exhibited notable strength, outpacing many of its competitors and establishing itself as a critical player in the blockchain ecosystem. Its performance not only reflects its individual potential but also impacts the broader cryptocurrency market, making the current price action crucial for investors and analysts alike.
Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What Happened: During the recent Breakpoint 2024 conference, Scaramucci highlighted the potential of tokenization to revolutionize the current financial system.
Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise.
Ethereum is now gearing up to challenge key resistance levels. With market dynamics shifting, particularly after recent developments in the traditional financial sector, many are wondering if Ethereum can maintain its upward momentum and close above the crucial $3,000 mark.
Leading coins were among the gains Sunday overnight after Democratic presidential nominee Kamala Harris mentioned cryptocurrencies for the first time during her election campaign.
Ethereum (ETH) is showing signs of nearing a cycle low against Bitcoin (BTC), according to noted analyst Benjamin Cowen. With over 813,000 followers on his YouTube channel, Cowen has established himself as a key voice in the crypto community, and his latest insights suggest that a significant price movement may be on the horizon for ETH/BTC.
According Lookonchain, a long-term Ethereum investor, recently realized a profit of $131.72 million after holding his Ether for two years.
As it has been doing for the past few months, the price channel that Bitcoin is trading inside is descending. When Bitcoin gets closer to the upper limit of this channel, which is around $70,000, the chance of another attempt to break through this level increases, but so does the chance of a drawback.
As it has been doing for the past few months, the price channel that Bitcoin is trading inside is descending. When Bitcoin gets closer to the upper limit of this channel, which is around $70,000, the chance of another attempt to break through this level increases, but so does the chance of a drawback.
The ETH/BTC pair had dropped to record lows, but is a bottom closer?
Ethereum transaction fees have more than tripled since the start of the month amid an 11% decline in active accounts, according to our numbers.