Ethereum (ETH) has demonstrated impressive resilience in the face of mounting fears, often referred to as FUD (fear, uncertainty, and doubt), which have plagued the cryptocurrency market in recent weeks. While the digital asset has struggled to keep pace with competitors like Bitcoin (BTC) and Solana (SOL), recent analyses suggest that ETH may be on the brink of a turnaround.

The cryptocurrency market experiences significant fluctuations, its total market cap has recently dropped to around $2.31 trillion, down from a high of $2.38 trillion earlier this month. This decline has led to notable corrections in the prices of major cryptocurrencies, particularly Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Ethereum's exchange reserves have seen a sharp decline, hinting at growing investor confidence in holding ETH long-term.

The largest stock exchange in Hong Kong has announced that it will launch a new crypto index to meet the increasing demand for digital assets. In a new announcement, Hong Kong Exchanges and Clearing Limited (HKEX) says it will launch its own “Virtual Asset Index Series” on November 15.

Ethereum (ETH) co-founder Vitalik Buterin has slammed critics who call out the Ethereum Foundation for selling ETH. In an X post, Buterin noted that the funds raised from ETH sales went towards supporting the Ethereum blockchain.

One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum's Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation.

Avi Zurlo, who took the reins at the Nil Foundation on Monday, will lead initiatives to make zkProofs more accessible for developers on Ethereum and help scale the network through sharding.

The market is showing a pre-election mood, suggesting investors are gearing up to capitalize on high returns from low-risk assets.

CryptoQuant analyst Maartunn has flagged a notable divergence between Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs, advising a cautious stance towards the latter. What Happened: Maartunn took to X to highlight the difference in netflows between Bitcoin and Ethereum ETFs.

Phantom Wallet is facing technical difficulties, impacting users claiming rewards from the GRASS airdrop and causing inaccurate account balances; however, the company assures that funds are safe and the app remains accessible. The post Solana's Phantom Wallet Experiences Technical Difficulties During GRASS Airdrop appeared first on Cryptonews.

As the Dogecoin price inches closer to the long-anticipated $1 mark, the excitement is undeniable. The Dogecoin price rally is drawing attention from traders and investors alike. Yet, while the Dogecoin price climbs toward this psychological milestone, another Ethereum token is silently making waves, poised to eclipse Dogecoin's gains by a staggering 30,000% rally.

The Phantom Wallet, a leading non-custodial wallet on the Solana blockchain, has resolved recent downtime issues that affected its services during the highly anticipated Grass Airdrop One. Earlier today, Phantom reported an “uptime incident” that left some users experiencing inaccurate account balances and disrupted services, raising concerns within the Solana community.

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TL;DR The Phantom wallet, widely used in the Solana network, experienced a temporary downtime issue, which affected account balance visibility for its users. The inconveniences have already been resolved, and activity should return to normal for all users.

Vitalik Buterin defends Ethereum's strategy against criticisms of data overload, assuring the efficiency of the crypto network.

Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.

Ethereum (ETH) fees remain relatively low, due to a shift of activity. Most swaps happen on L2, while Solana is taking the biggest share of meme token action.

TL;DR Digital asset inflows hit $901 million, bringing this year's total to $27 billion, nearly triple 2021's record. Bitcoin led inflows with $920 million, driven by political factors in the US, while Ethereum saw outflows of $35 million. Blockchain stocks also showed a rally, with inflows of $12.2 million for the third consecutive week.

In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.

BlackRock now holds over 403,725 BTC, valued at $27.73 billion, as Ethereum ETFs face a $7M outflow over the past seven days. The post BlackRock's Bitcoin holdings climb to $27.73 billion as Ethereum ETF outflows reach $7 million appeared first on Crypto Briefing.

Solana Phantom Wallet is down again. In an update shared by the protocol on its official X account to reveal that the it is experiencing an “uptime incident.

Phantom Wallet has reported a downtime incident and asked its users to be patient as the team works to resolve the issue. On Oct.

The rising DEX volumes than Ethereum have made the market participants bullish on Solana's (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too.

Buyers keep controlling the situation on the market at the beginning of the week, according to CoinMarketCap.

Bitcoin (BTC) and the altcoins have shown significant price actions in the crypto market. The overall crypto market's daily trading volume surged by 22.63% as per CMC data.

The biggest wallet on the Solana blockchain is currently undergoing a downtime. The users facing issues with inaccurate account balances for an hour now.

Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token's price rose to $175.3, bringing its capitalization to over $83.56 billion.

Solana has registered a high transaction fee compared to Ethereum in the past 24 hours as it entered the top 5 networks for this metric.

The world of cryptocurrency investing is rapidly evolving, and recent data suggests a significant divide in the demand for exchange-traded funds (ETFs) focused on Bitcoin versus those targeting Ethereum. As of late October 2024, spot Bitcoin ETFs are experiencing a remarkable surge in popularity, while interest in Ethereum ETFs remains muted.

The new indices will offer a clear, single price for bitcoin and ether, tailored for the Asian time zone.

Phantom, which is Solana's biggest wallet, is experiencing downtime. User funds should be safe, the company says.

The Solana network has significantly outshined Ethereum in its Web3 on-chain activity in the recent past fueled by its thriving memecoin ecosystem.

Despite the recent price stumbles, Bitcoin and Ethereum seem on the right track to resume bull forecasts.

Ethereum co-founder Vitalik Buterin tries to shut down criticism from the community following ETH sell-offs

Ethereum price is up only 11% since the start of 2024. This uninspiring 2024 performance has caused investors to discard ETH as it trades around $2,531.

Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach.

The crypto market enters the new week on a bullish note as the Bitcoin price inches closer to a $70,000 resistance breakout. The bullish momentum gradually fuels bullish momentum in most major altcoins, including SOL.

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RD InnoTech has partnered with HashKey Exchange to launch its HKDR stablecoin, aiming to facilitate compliant cross-border payments.

Ethereum co-founder Vitalik Buterin took to Twitter to forcefully reject claims that he has sold ETH in the past month.

Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.

Among the top cryptocurrencies, and with the exception of Bitcoin ($BTC), Solana ($SOL) is proving to be the most likely of the large-cap altcoins to lead the rest of the field higher. Outperforming $BTC, and rapidly gaining ground on Ethereum ($ETH), is $SOL about to fly much higher?

Ethereum's price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum's (ETH) recent trend of lower highs and lows, hinting at a bearish undertone.

Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.

The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.

Ethereum's price has been consolidating over the past few months, showing neither bullish nor bearish intentions. Yet, things might be about to change soon.

The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.