The Federal Reserve's latest rate cut has sent Ethereum (ETH) soaring. Trading at $2,428 as of this writing, the altcoin's value has spiked by over 5% in the past 24 hours.

The decision to split up the upgrade wasn't unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.

It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve. Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.

Ethereum is seeing an increase in network demand after it added more capacity with network fees up from the base minimum of 1 gwei to currently about 25 gwei for a simple transfer.

Bybit's support for Ethereum's Attackathon underscores the growing emphasis on security and innovation in the crypto industry. The post Bybit backs Ethereum's first Attackathon with 75 ETH commitment appeared first on Crypto Briefing.

On a larger scale, Ethereum's price has been declining, almost clearing all of its gains since the beginning of 2024. Yet, things might be about to change soon, which was hinted at in the developments in the past 24 hours.

Solana Mobile has announced the release of a new smartphone — Solana Seeker.

Solana Mobile announced the Seeker, its second-generation web3 smartphone, set for release in 2025 with over 140,000 pre-orders globally.

Solana Mobile, a subsidiary of Solana Labs, announces the launch of "Seeker," its second crypto-focused smartphone, scheduled for 2025. This new generation promises significant advancements over the Saga model, its predecessor.

Solana mirrors Ethereum's position from three years ago. If the trend persists, SOL could eclipse ETH's market cap.

FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit.

Solana has been among the closely monitored tokens, due to which the volatility of the token has remained above the range. Although the volume remains within the average range, the possibility of reaching the upper targets has emerged.

The ongoing price recovery of Ethereum (ETH) might be derailed if investors price in a likely dump from the coin's Initial Coin Offering (ICO) era. Per data from crypto analytics platform Lookonchain, 10,000 ETH is on the line if this whale chooses to sell.

The supply of Ethereum on centralized exchanges has remained stagnant since March this year, despite the approval of US spot Ether ETFs.

Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 countries.

Solana Lab's phone-making unit Solana Mobile has just unveiled its newest, shiniest smartphone, “Seeker”, which brings various enhancements over the company's first mobile phone Saga — at less than half the price.

So far, 36 victims suffered losses amounting to nearly $1.4 million worth of Ether.

TL;DR Explosive Gains: Sui has surged by 115% against Solana since August, significantly outperforming Solana's 6% gain against Ethereum. Technical Superiority: Sui boasts a theoretical maximum of 297,000 TPS, far exceeding Solana's 65,000 TPS, with real-world performance still leading.

Bitcoin and Ethereum ETFs recorded significant net outflows, despite the U.S. Federal Reserve's announcement of a 50 basis point rate cut. What Happened: Bitcoin (CRYPTO: BTC) spot ETFs had a net outflow of $52.827 million, the first outflow after four days of inflows.

With the crypto market experiencing an increase in price action, altcoins have regained momentum by recording significant price volatility in their respective valuations. Moreover, with the rising whale/institutional activities, the on-chain data shows an increase in the accumulation of top tokens.

Germany's Commerzbank is set to launch Bitcoin and Ethereum trading to its customers. The Geman Bank will offer these crypto trading services through Crypto Finance, a subsidiary of Deutsche Börse.

An ancient Ether whale recently became active and went on a spelling spree. Most of the address' ETH sell-off came in when ETH was dealing with heavy selling pressure.

TL;DR Solana Seeker Presales Soar: Solana Mobile's new Web3 smartphone, the Seeker, has sold over 140,000 units in presales across 57 countries. Innovative Features: The Seeker includes a Seed Vault Wallet, Solana dApp Store 2.0, and a unique Genesis Token for exclusive rewards and content.

US investors were in a withdrawal mode yesterday.

Blockdaemon's VP Andrew Vranjes indicated that Hong Kong regulators could greenlight staking features for spot Ethereum ETFs by the end of this year.

Solana launched its latest smartphone, dubbed Seeker, promising a more affordable and feature-rich experience compared to its predecessor, the Saga.

The attacker has transferred more than 42,500 ETH ($100 million) to Tornado Cash so far, according to the on-chain analytics platform Arkham.

The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.

Commerzbank's entry into crypto services signals a growing institutional acceptance and integration of digital assets in traditional finance. The post German banking giant rolls out Bitcoin, Ether trading and custody services appeared first on Crypto Briefing.

Ethereum (ETH) looks to have found a bottom at long last. $2,000 may well have been that bottom, and $ETH is now starting to claw its way back up.

This new gadget is designed to be the perfect tool for anyone diving into the world of Web3. If you're wondering what makes the Solana Seeker stand out, here's the scoop.

According to blockchain analytics platform Spotonchain, an ancient Ethereum whale has quietly offloaded 24.7 million ETH, raising eyebrows in the crypto community. With this whale making major moves, traders are closely watching what might come next for Ethereum. Meanwhile, ETH's price surged 5.24%, reaching $2,445 and pushing its market cap to $293.4 billion.

In a new twist of events concerning the WazirX hack, the hackers have switched $32M worth of stolen Ether (ETH) through the Tornado Cash. Since Monday, $15,000 ETH has been shifted with three tranches of 5,000 ETH transferred over the past 4 days as per the Peckshield alerts.

The new smartphone will host a wide range of crypto airdrop.

Binance's rebuttal comes amid growing frustration over the stolen funds.

The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.

The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.

Solana Saga 2 "Seeker" unveiled; here's everything you need.

Ether has bounced off its 200-week simple moving average, reinforcing long-term support.

Ethereum based Layer 2 solutions are all the rage, how can you invest in this lucrative market? What are the top 5 Ethereum Layer 2 projects?

As it approaches the 200-day EMA, a significant technical level that has historically impacted its price movement, Solana is currently at a turning point. When breaking the 200 EMA signaled the start of a massive price rally that ultimately resulted in a 1,000% increase in value, Solana last faced this challenge in 2023.

The X accounts of several global personalities and organizations across the world were hacked with the crypto scammers trying to pull off a Solana meme coin pump and dump. Reportedly, the hackers were promoting meme coin HACKED through the X Accounts of Yahoo News UK, Lenovo India, and many others.

Macro guru and Real Vision CEO Raoul Pal is highlighting a layer-1 blockchain that he sees becoming a major force to reckon with.

This new feature is like hitting the jackpot for developers who work with Solana. So, what's ZK Compression all about?

Key points:

Rep. Ritchie Torres (D-NY), one of the strongest pro-crypto voices within the Democratic Party, recently spoke about the legal status of Ethereum (ETH) during a congressional hearing, arguing that the second-largest cryptocurrency should not be classified as a security.

Animoca Brands moved Pixels (PIXEL) tokens to Binance, potentially realizing $2.44M in sales. The gaming company and VC fund was a leading backer for the Pixels seed round.

Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has officially launched its HyperFuse Nodes sale, providing the community with an opportunity to participate in the expanding Solana ecosystem. The HyperFuse Node Tier 1 raffle witnessed extraordinary demand, with a 645% oversubscription rate in just one hour, raising $3 million.