Ethereum's decentralized application (d App) ecosystem is breaking records as transaction volumes hit a staggering $3.54 billion in November 2024. This 38% month-on-month growth highlights Ethereum's expanding role in De Fi, NFTs, and beyond, even as ETH consolidates near $3,114.
Analyst has revealed that altcoin season has kicked off as Ethereum finally appears to be gearing up for a major rally.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
Bitcoin recently reached a new all-time high of over $99,000, sparking a significant surge in the altcoin market. Consequently, Ethereum, the second-largest crypto by market cap, climbed to its highest value in four months.
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,254.71 +0.88% Ethereum (CRYPTO: ETH) $3,281.28 -2.1% Solana (CRYPTO: SOL) $253.09 -0.8% Dogecoin (CRYPTO: DOGE) $0.3987 +3.7% Shiba Inu (CRYPTO: SHIB) $0.00002463 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 47.5% and daily active addresses growing by 27.2%.
A cryptocurrency trading expert has identified Ethereum's (ETH) latest price surge as a key signal for the start of a new bull market, potentially propelling the asset to as high as $8,000 in the coming months.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
Ethereum (ETH), the second-largest cryptocurrency, has been making steady progress in its price recovery. However, a bold new prediction from analyst Benjamin Cowen suggests Ethereum might hit the $6,000 milestone, marking a significant 100% increase from its current levels.
Ethereum, Solana, and Avalanche are forming bullish price action and appear poised to follow bitcoin's surge.
Ethereum's next big move? 5 key metrics suggest ETH may follow Bitcoin's record-breaking rally soon!
TL;DR Crypto market faces volatility as over $3 billion worth of Bitcoin and Ethereum options expire. Bitcoin's put/call ratio reflects bearish sentiment, while Ethereum shows growing optimism. Contract expirations could lead to price fluctuations, affecting the short-term trajectories of BTC and ETH.
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle.
While Ethereum still faces challenges in breaking past its peak, Solana has made a strong recovery from FTX's collapse.
As of now, two heavyweight block producers are in charge of 95% of all Ethereum (ETH) blocks. This opens a path for potential transaction censorship opportunities associated with advanced MEV strategies.
Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum's EigenLayer, to strengthen the Mishti Network's security and continue bringing digital identity solutions for the application of blockchain technology.
Gnosis founder Martin Köppelmann says Ethereum needs to move away from “centralized” L2s like Base and adopt native rollups.
An Ethereum (ETH) whale, dormant for eight years, has woken up and started selling over $1.3 billion in profits. The whale has held a $2.4 million initial ETH investment since 2016, accumulating a 558-fold return by November 2024.
A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.
Several indicators point to an imminent bullish breakout for Ethereum price in the near term as Bitcoin price approaches a major psychological target of $100K.
What happens when a sleeping crypto giant stirs? That's the question haunting Ethereum traders right now. A wallet that sat untouched since 2016 suddenly became active, sparking a massive selloff. With millions still at play, Ethereum's future feels a bit uncertain.
A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.
MetaMask launched its “Gas Station” feature, allowing users to complete token swaps without needing ETH or paying gas fees.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
In an unprecedented event, a dormant Ethereum whale caused a stir across the broader market on Friday, heavily dumping tokens amid the hovering bullish sentiment. Recent data pointed out that the whale dumped nearly $224 million worth of tokens, raising price drop concerns among crypto enthusiasts globally.
Ethereum's derivatives market is experiencing a bullish surge, with futures open interest climbing over 12% to reach an all-time high of $20.8 billion on Friday. The post Ethereum Futures Surge to $20.8B as Price Hits $3,365, Signaling Bullish Momentum: CryptoQuant appeared first on Cryptonews.
Ethereum continues to hold a commanding position in the stablecoin market, maintaining 52.59% of the total stablecoin supply, despite rising competition from other blockchain networks like TRON and Solana. As the leading smart contract platform, Ethereum's dominance is evident in both the supply and turnover of stablecoins like Tether (USDT), USD Coin (USDC), and various algorithmic stablecoins.
Bullish sentiment in the cryptocurrency market has continued, with many investors making huge profits from early bets. This bullish run has also woken a dormant billion-dollar Ethereum (ETH) that is now snapping gains from its massive holding.
Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.
Ethereum (ETH) spot exchange-traded funds (ETFs) have witnessed a significant outflow of $163 million this week. This comes as the bullish sentiment trailing the leading altcoin begins to wane, making it a struggle for the coin's price to break through the $3,400 resistance level.
The $2.86 billion Bitcoin options expiry could trigger short-term volatility, particularly as traders anticipate Bitcoin reaching the $100,000 mark.
Despite millions of selling pressure, Ether is staging a breakout to above $3,700 due to an emerging bull flag, according to market analysts.
Ethereum's price has broken above $3,300 with increased trading volume and whale accumulation, while network metrics show sustained growth in daily transactions and user activity.
Ethereum (ETH) price is finally moving after a week of sideways movement. In the last hour, the second-largest crypto has seen a 5% surge to retest the key $3,200 level.
A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.
Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.
The blockchain-based poker system CoinPoker's hot wallet had been hacked on 8th November which caused the loss of nearly 2000 ETH, or around 2 million USD. These attacks targeted wallets or access to a wallet bypassing wallet safeguards, and funnelling money through multiple transactions in an organized manner, that targeted Ethereum, BSC, and Polygon.
MetaMask, a leading Ethereum wallet, launched its new Gas Station feature, enabling users to conduct token swaps without needing ETH for gas fees. This feature, also known as gas-included swaps, is now live for MetaMask Extension users on the Ethereum mainnet, with a mobile rollout planned soon.
As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What's Causing Ethereum's Underperformance Against Bitcoin?
These essays come from founders and contributors from all around the Ethereum ecosystem. It shares their thoughts on the world of Ethereum.
Illicit crypto inflows from Japanese exchanges have dropped in 2024, with ETH scams recording a 69% decline, data shows.
Crypto markets will witness $3.42 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly as markets wait expectantly for Bitcoin to tag $100,000.
Ethereum (ETH) has seen a less impressive performance compared to Bitcoin (BTC) in recent months, despite Bitcoin reaching new all-time highs. At the time of writing, Ethereum's price stands at $3,111, significantly below its all-time high of $4,878 in 2021.
Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.
Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to hold amid rising Layer-2 adoption.
After the split, the ETFs saw mixed performance in the market.
Ether has recorded a few gains in the past weeks, but the coin's retail investors are not taking profits because they consider the asset undervalued.