The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.
Evaluating ETH spot, ETF and derivatives demand amid mixed signs regarding the cryptocurrency's next major directional move.
Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside.
The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.
Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.
Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.
An analyst at the asset management giant Bernstein thinks Ethereum's risk-to-reward ratio “looks attractive” given ETH's relative underperformance recently. Gautam Chhugani, the managing director of Bernstein's global digital assets division, notes that Ethereum's total supply has remained mostly stagnant since the network transitioned to proof-of-stake and adopted a burn mechanism.
A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.
Devcon SEA 2024 in Bangkok highlighted Ethereum's advancements, focusing on real-world applications, scaling, and second-generation cryptography, while fostering community collaboration.
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Ethereum (ETH) has experienced a massive surge in institutional interest, with year-to-date inflows hitting a record $2.2 billion. This figure surpasses the previous record set in 2021, showcasing Ethereum's continued dominance in the cryptocurrency space.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.
Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.
Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.
Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.
Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.
Ethereum has crossed into the $3.7K zone. The market witnessed a liquidation of $44.53 million in Ethereum.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.
Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.
Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.
Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.
Ethereum has turned deflationary for the day due to no particular smart contract. It instead appears to be a general rise in network demand.
The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.
The US ETFs have bought $676 million worth of bitcoin on Tuesday, with BlackRock buying the vast majority of it, $693 million.
Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.
The Ethereum Foundation announces its first formal summer internship program for 2025, offering opportunities in research and development for aspiring Ethereum developers and researchers.
Ethereum (CRYPTO: ETH) is continuing its rally, buoyed by record-breaking ETF inflows and positive market sentiment, with traders remaining bullish on its future performance. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,738.69 $450.3 billion +3.7% +7.9% Bitcoin (CRYPTO: BTC) $96,273.28 $1.9 trillion +1.5% +3.2% XRP (CRYPTO: XRP) $2.61 $148.8 billion -6.7% +83% Trader Notes: Crypto trader The Moon Show highlighted Ethereum's bullish structure, noting a bounce off ascending support and the formation of a potential 4-hour double bottom.
Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.
The US spot Ethereum ETFs led by BlackRock's ETHA have registered more than $620 million in cash inflows over the past two weeks.
Yes, that's a golden cross! There is an exciting update for all Ethereum enthusiasts. The market is about to witness a fabulous golden cross. Has the Altcoin Season Begun? Or is it too early to shoot such a question? Anyway, there is no shortage of excitement in the Altcoin community.
Lightchain AI merges blockchain and artificial intelligence to address the limitations of Ethereum and Solana, paving the way for the next phase of decentralized solutions. #partnercontent
For several months now, American investors have been focused on ETH ETFs, those famous exchange-traded funds that provide simplified exposure to the world's second-largest cryptocurrency. But what explains this sudden enthusiasm?
Traders are actively accumulating ETH, keeping the price stable as they increase their holdings.
Ethereum price has recently broken upward from a cup and handle pattern, and on-chain metrics also add credence to $3,800 support.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced another downturn in its price. Following an earlier attempt at bullish momentum last week, Ethereum has dropped by 2.4% in the past 24 hours, trading at $3,577 at the time of writing.
Ethereum's native crypto ETH is yet to participate in the altcoin market rally while peers like XRP, Cardano (ADA), BNB, have witnessed strong gains. The ETH price is holding firm at around $3,700 as investors predicted an immediate rally to $4,000 as Ethereum ETF inflows have surged once again.
In the past 24 hours, the cryptocurrency market experienced a significant wave of liquidations, totaling more than $588 million.
The U.S. government has once again moved significant amounts of cryptocurrency seized during legal battles involving FTX and Alameda Research. This latest development adds to the ongoing management of billions of dollars in digital assets confiscated from high-profile crypto collapses.
XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.
Cryptocurrencies have been gaining traction as institutional investors continue to show increasing interest, particularly through financial products like spot Bitcoin and Ethereum exchange-traded funds (ETFs). This trend was underscored on December 2, when Bitcoin and Ethereum ETFs saw significant inflows, signaling a shift in the financial landscape.
As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.
Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone.
The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.
Ethereum's YTD inflows hit $2.2B, surpassing 2021 records, as its L2s and DeFi thrive.