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news-imageOctober 23, 2024

Ethereum Prepares for 10% Drop As Supply on Exchanges Rises: Here's the Next ETH Price Trend

Ethereum has had a turbulent start to the week, and data suggests that further declines may be on the way. As Bitcoin loses momentum and drops below immediate support levels in recent hours, selling pressure on Ethereum is increasing.
Publisher: CoinPedia
Sentiment: Negative
ETH

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Negative
cover-imageBenzinga
October 23, 2024

Bitcoin, Ethereum, Dogecoin Correct: 'A Bounce From This Region Would Be Ideal,' Says Trader

Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.

Positive
cover-imageUToday
October 23, 2024

Ethereum Founder Vitalik Buterin Made $5 on This

Ethereum co-founder Vitalik Buterin recently posted an intriguing anecdote on Twitter stating that he made $5 earlier this year by participating in prediction market arbitrage. This little sum was earned more for enjoyment than for profit, he acknowledged, adding that automated bots are probably taking advantage of these opportunities more frequently these days.

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