Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $91,400 -2.7% Ethereum (CRYPTO: ETH) $3,172 -3.2% Solana (CRYPTO: SOL) $182.4 -6.5% XRP (CRYPTO: XRP) $2.28 -1.4% Dogecoin (CRYPTO: DOGE) $0.3181 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002088 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat.

Ethereum (ETH) extended its weekly decline on Thursday, slipping back below $3,300 amidst a challenging period for the broader cryptocurrency market. This downturn comes as the market navigates the second week of January 2025, grappling with increased volatility and uncertain sentiment.

Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is flashing a sell-off signal, hinting at a notable price decline in the coming days. Over the past three days, sentiment across the cryptocurrency landscape has shifted noticeably toward the bearish side, leading to a substantial price drop.

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets.

Grayscale Investments adjusts its fund portfolios, allocating 90% of its Digital Large Cap Fund to Bitcoin and Ethereum. Quarterly rebalancing impacts DeFi and AI funds, introducing Curve and Livepeer while removing Avalanche and Synthetix. Grayscale ETFs continue to face substantial outflows. The post Grayscale Adjusts Fund Holdings, 90% Allocation for BTC and ETH appeared first on Cryptonews.

Is Solana's $SOL on the verge of a major rally and will it overtake Ethereum's $ETH as the token powering Web3's hottest high-functionality smart contract blockchain? With its current market cap of $92.5 billion, Solana needs to 5x to comfortably beat Ethereum, which currently capitalizes $398 billion of the $3.43 trillion crypto market.

Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month.

Grayscale increases Bitcoin and Ethereum allocations to 90% in its large cap fund during Q4 adjustments, with Cardano replacing Avalanche. The post Grayscale adjusts large cap fund increasing Bitcoin and Ethereum allocations to 90% appeared first on Crypto Briefing.

With Solana's upgrades looming, is Ethereum prepared to defend its altcoin crown in the coming year?

Ethereum's (CRYPTO: ETH) price decline could be an accumulation opportunity, although traders predict further corrections before a potential rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,302.04 $397.8 billion -0.1% -4.9% Bitcoin (CRYPTO: BTC) $94,246.74 $1.9 trillion -0.3% -2.9% XRP (CRYPTO: XRP) $2.32 $132.3 billion +1.6% -4.2% Trader Notes: Crypto chart analyst Ali Martinez says a drop to $2,900 could be highly bullish and an "excellent buy-the-dip opportunity" for a potential target of $7,000.

Ethereum's price has dropped sharply this year after encountering substantial resistance at the $4,000 level in December. Ethereum (ETH) has declined by nearly 20% from its December high, coinciding with an ongoing sell-off in Bitcoin and other altcoins.

Ethereum exchange reserves have surged to 8.06M ETH, which is the highest level in a week.

The crypto markets are plunging down! Bitcoin formed lows below $92,000 after falling to sustain above the gains. Meanwhile, the latest rejection from $4100 appears to have largely impacted the Ethereum price rally as the token is expected to lose support at $300.

Ethereum has slipped, trading in the $3.3K zone. The market saw $86.39 million worth of Ethereum liquidated.

Ripple's stablecoin (RLUSD) is now being used primarily on the Ethereum blockchain rather than XRP, as it became known in a report from XRP contributor "Vet_X0." Currently, $61,823,274 worth of RLUSD is being distributed on Ethereum, which is well ahead of the $21,995,883 held on the XRP Ledger.

In a recent tweet, on-chain analytics platform IntoTheBlock shared a chart that highlights the long-term holder ratios for Ethereum and Bitcoin. Alongside its tweet, IntoTheBlock posted a graphic displaying the "hodler ratios" of these two major cryptocurrencies.

This fund excludes Ethereum from its portfolio. This ex-Ethereum portfolio offers American investors a unique opportunity to get in on the ground floor of some promising smart contract platforms.

Ethereum faces critical market challenges after breaking key support levels as traders eye $2,809.

The crypto market is buzzing ahead of the upcoming altseason and Donald Trump's inauguration. Amid rising positive sentiment, attention is on budget-friendly and promising altcoins, putting the spotlight on IntelMarkets (INTL). This new AI crypto is at the heart of the current market buzz with a projected 100x upside potential.

Fidelity Digital Assets says Ethereum's strong fundamentals give it an edge over Solana from a long-term perspective.

Polkadot-based parachain Phala has launched its Ethereum layer-2 network to expand its reach. The move continues the trend of new rollup networks on Ethereum and marks an advancement in rollup infrastructure.

Ethereum (ETH) has faced much criticism from the crypto investor community due to its lackluster performance. Moreover, the Foundation has also received harsh comments from investors due to their consistent sale of ETH.

As with the rest of the altcoin industry, Ethereum's (ETH) price has been following Bitcoin's (BTC) price action in the ongoing market correction.

Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.

TL;DR Phala Network, a Polkadot-based parachain, launches its Layer 2 network on Ethereum with innovative technology. The collaboration with Succinct Labs and Conduit drives the use of zero-knowledge (ZK) and optimistic proofs. This move strengthens interoperability between Polkadot and Ethereum, focusing on privacy and decentralized computing.

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs faced substantial net outflows of $742 million on Jan.8. Bitcoin ETFs led the decline, recording $583 million in outflows, with Blackrock‘s (NASDAQ:IBIT), Fidelity‘s (CBOE: FBTC), and Ark & 21Shares (CBOE: ARKB) contributing $124 million, $258 million and $148 million, respectively, according to data from SoSo Value.

The broader cryptocurrency market is facing liquidation amid a decline in the prices of digital assets. CoinGlass data shows that liquidation across different exchanges amounted to $483.61 million in the last 24 hours.

What is Gwei in crypto? In the Ethereum network, Gas is used to pay for transaction fees.

Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day as Bitcoin and other assets have crashed. Bitcoin, Ethereum Saw Notable Plunges During Past Day The last 24 hours have been red for digital assets, with a bulk of the market observing a drawdown of more than 5%.

Crypto whales get their name for large crypto holdings and the potential to influence a particular cryptocurrency's performance. One Ethereum whale is at risk of collapse as it faces $5M liquidation for the third time.

Cryptocurrency price analysis brought by Coinidol.com. The price of Ethereum (ETH) has fallen below the moving average lines after rejecting the high at $3,746.

Ethereum's price finds itself at a critical juncture near $3,200 support after failing to break above $3,450, with technical indicators suggesting continued consolidation in the short term.

Phala Network said on January 8 that it launched the first-ever Op-Succinct Layer 2 rollup on Ethereum. This initiative is the result of a partnership with Succinct Labs and Conduit.

Ethereum (ETH), the second-largest cryptocurrency by market cap, has faced a notable wave of sell pressure in early January, wiping out its recent gains. This dip has been fueled by multiple factors, including leveraged liquidations and significant spot outflows.

Bitcoin and Ethereum ETFs recorded combined outflows of over $740 million on Wednesday, led by Fidelity's FBTC's $258 million withdrawal, amid macroeconomic concerns and falling crypto prices.

A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.

Spot bitcoin ETFs reported total net outflows of $582 million, while spot ether ETFs saw $159 million in net outflows on Wednesday.

Recently, Ethereum cofounder Vitalik Buterin made hints about putting more of an emphasis on core development and increasing his involvement with the larger Ethereum ecosystem. He discussed the necessity of striking a balance between Ethereum's technical advancements and increased visibility for initiatives and projects developing on the platform in a recent social media conversation.

Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.

Ethereum price action has drawn attention recently, with the altcoin king struggling to breach the $3,721 resistance level.

Ethereum price has drifted to the red zone along with the majority of the top 10 coins. ETH is down by more than two percent and is trading slightly below the $3300 level at the time of writing.

Phala, a Polkadot-based parachain and verifiable computing platform, has launched a new Layer 2 network on Ethereum.

Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500.

BB Token has expanded to Ethereum, enhancing cross-chain access and liquidity using LayerZero's Omnichain Fungible Token Standard, according to BounceBit.

Ethereum's price has recently experienced a significant downturn, slipping by more than 9% and currently trading below the $3,350 mark. Despite maintaining a bullish trend above a critical support zone, the price action is showing signs of weakness.

Ethereum's Pectra ‘hard fork' is expected to introduce key updates to improve Ethereum user and developer experiences. The update, which will be rolled out in two phases, is scheduled for release during the first quarter of 2025.