Ethereum (ETH) is not the best solution for payments, according to PayPal's Vice President of Blockchain, Crypto, and Digital Currencies (BCDC) unit, Jose Fernandez da Ponte.

The crypto market is full of surprises where sudden changes and new movements are common, especially with the XRP price due to the lawsuit. However, the last few days focued on recovery for popular cryptocurrencies like XRP, Ethereum, and many others.

The market dynamics are changing to some extent after the Fed rate cuts surprised the entire traditional financial space. The Bitcoin price triggered a significant run, but the altcoins are on the verge of outperforming the top tokens as Ethereum traded at a lowered pace till now.

The U.S. Securities and Exchange Commission (SEC) achieved a significant victory when Judge Reed O'Connor dismissed the lawsuit filed by Consensys.

Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high.

Ethereum is firm when writing but continues to underperform versus Bitcoin. Though ETH is floating above $2,400, and may even break above $3,000 in the coming years, the rapid strengthening of the world's most valuable coin, on the other hand, might push the ETH/BTC ratio to multi-month lows.

The crypto prices today have shown considerable resiliency, preventing downside momentum. Bitcoin (BTC) held the $62K mark, whereas Ethereum (ETH) and Solana (SOL) traded prominently in the green territory.

Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties.

Ethereum has recently captured the spotlight with a massive inflow of funds. Over the past few days, the second-largest cryptocurrency by market cap has seen more than 547,600 ETH—worth approximately $1.26 billion—transferred to various exchanges.

The Ethereum Foundation adds to its growing ETH sale count.

Over the last ten days whales have amassed over 380 million XRP worth roughly $228 million, suggesting that XRP is about to stage a bullish breakout. Large holders' substantial accumulation frequently reflects their belief in a future price spike.

According to Steno Research, Ethereum's (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve's (Fed) decision to cut interest rates. It's Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn't had a particularly impressive 2024.

The veteran crypto mogul rivalry dates back a while, but this time it could turn into a cage fight.

A lawsuit lodged by Ethereum software giant Consensys against the U.S. Securities and Exchange Commission (SEC) and its five commissioners, including Gary Gensler, was tossed out by a Texas Federal judge on Thursday.

Cryptocurrency markets are trading sideways, with Ethereum outperforming Bitcoin to end the week strong. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,907.07 -0.9% Ethereum (CRYPTO: ETH) $2,544.07 +3% Solana (CRYPTO: SOL) $146.17 +1.9% Dogecoin (CRYPTO: DOGE) $0.1048 -1.4% Shiba Inu (CRYPTO: SHIBA) $0.00001414 -1.1% Notable Statistics: IntoTheBlock data shows an increase of 10.5% in large transaction volume and a 4.8% surge in daily active addresses.

Ether's futures open interest jumps to a 20-month high, but leverage demand remains balanced.

Ether's futures open interest jumps to a 20-month high, but leverage demand remains balanced.

Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve's decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.

TON has surpassed Bitcoin and Ethereum in daily active addresses, with USDT trading volumes on the network reaching $1.2 billion.

According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares' ARKB fund attracted a hefty $81.07 million.

Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.

ConsenSys, the blockchain company behind Ethereum (CRYPTO: ETH) infrastructure projects like MetaMask, has faced a setback in its lawsuit against the U.S. Securities and Exchange Commission (SEC). What Happened: The company had initially sued the SEC for overreach, accusing the regulator of conducting an unnecessary investigation into Ethereum, specifically targeting Ethereum 2.0.

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.

The US Spot Ethereum ETF saw a $5.24 million inflow, primarily from Blackrock. Ethereum's price of $2,542.80 indicates strong market sentiment.

Onchain analytics firm Lookonchain identified an Ethereum (CRYPTO: ETH) whale losing $13 million in the past six months as market participants expect the start of an uptrend. What Happened: The whale trader last purchased 2,117.7 ETH, equivalent to $5.17 million, as Ethereum is up 7% over the past week.

Bitcoin has surged past the $62,000 mark, reaching $62,326.36—its highest price since late August. This increase, representing a 4.07% rise in just 24 hours, follows the Federal Reserve's recent decision to lower interest rates by 50 basis points, a move that caught many analysts by surprise as they had anticipated a smaller reduction of 25 basis points.

ETH has experienced a strong comeback over the past week, hiking by 9.03%.

whale movements are closely watched by traders and investors alike. Recently, an Ethereum whale made headlines by offloading a staggering $24.7 million worth of ETH over a short span of three days.

If the current market recovery evolves into a sustained bull market, analysts predict a significant increase in Ethereum's on-chain activity.

Charles Hoskinson, co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), has voiced concerns over the new digital assets platform backed by former President Donald Trump and his sons. What Happened: In an interview with the Financial Times on Friday, Hoskinson expressed reservations about the Trump-supported venture, World Liberty Financial.

On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator. Toncoin Has Seen A Sharp Surge In Active Addresses Recently According to data from the market intelligence platform IntoTheBlock, Toncoin has recently increased active addresses.

Recently, there has been a significant influx of Ethereum deposits on centralized crypto exchanges, which has caught the attention of analysts and investors. On September 19, according to data from IntoTheBlock, over 150,000 ETH were transferred to exchanges, marking a new record since January 2024.

According to IntoTheBlock, over 150,000 ETH were deposited to exchanges in the past day, marking the highest single-day inflow since January, raising concerns about a potential Ethereum sell-off.

According to the analytics account on the X social media platform @spotonchain, the Ethereum Foundation continues to sell substantial lumps of Ethereum.

A widely followed crypto analyst is updating his outlook on Ethereum (ETH) and other digital assets after the Fed cut rates this week. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that the Fed's 50 basis point cut on Wednesday may be a bullish catalyst for crypto.

The major developers of the Ethereum blockchain have chosen to split the next Pectra update into two phases.

SG Forge, a subsidiary of Societe Generale, is launching its euro-backed stablecoin, EURCV, on Solana, following its initial release on Ethereum last year.

Even the spot Ethereum ETFs saw some minor net inflows yesterday.

Many crypto experts have predicted that Q4 of the year will be a bullish phase for the entire cryptocurrency market. Renowned cryptocurrency analyst Michael van de Poppe is one of the latest figures to publicly share a bullish outlook.

The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.

Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond.

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

It's powered by Dinero and promises to give users the best rewards in DeFi. If you're wondering what all this means, let's break it down.

As the crypto market bounces back, Bitcoin marks a 24-hour high above the $64,000 mark. The BTC price has increased by 7.90% this week, followed by a 7.7% recovery the previous week. Supporting the bullish trend, the Bitcoin ETF market bounced back yesterday with $158.3 million in total inflows.

The top two cryptocurrencies, Bitcoin and Ethereum, have experienced impressive gains of 3.0% and 5.8%, respectively, in the last 24 hours. Evidently, both these cryptos have benefited hugely from the recent interest rate cut of the US Federal Reserve. At this juncture, the massive options expiry scheduled for today is extremely crucial.

Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.