"That $2,400 support means everything for ETH," one industry participant said.
Devcon, ethereum's flagship conference is bigger than ever this year with 12,000 expected to attend in Bangkok from November 12th in two weeks.
Veteran analyst Peter Brandt predicts Ethereum's Ether (ETH) could drop to $1,500 as a bear pennant forms on the daily chart. Political uncertainty surrounding Trump's 2024 election odds adds to ETH's bearish outlook.
Large ETH whale transfers hint at possible sell-offs and repositioning. RSI at 47.33 shows bearish sentiment, with potential for further declines.
Ethereum‘s renewed price momentum appears to be slowing down as bears have taken control of the market once again. Despite the waning price strength, several crypto analysts are still bullish about the crypto asset's trajectory, predicting that ETH could be set to rally in the short term.
With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.
With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.
The leading provider of ETFs in the digital assets space, WisdomTree has gained market traction with its recent Bitcoin and Ethereum transfers. Notably, this movement comes as both the top two crypto by market cap noted sharp price declines over the last 24-hour timeframe.
Ethereum's price has been struggling to gain upward momentum for months, as it experienced a dip to around $ 2,500. Meanwhile, Veteran crypto trader Peter Brandt now warns of an even steeper decline, predicting a potential drop to $1,550 amid continued weak buying interest.
Paxos launched the USDG stablecoin in response to institutional demand for a fully regulated stablecoin.
Peter Brandt, considered by many as a trading legend, and whose insights are followed by many with special attention, has released a new review of the Ethereum price. It is difficult to call it positive, to say the least.
Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.' As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts.
Today's Crypto Market crash lead to $277,480,000 liquidation. Liquidation refers to the forced closing of positions. Long liquidations happen when BTC prices fall sharply, forcing traders betting on a price increase to sell. The Bitcoin market has seen the highest liquidation of $88.40M in the last 24 hours, with long liquidations totaling $79.
Research explores how transaction ordering policies affect arbitrage profitability on Ethereum Layer 2 solutions, highlighting the efficacy of time-advantaged strategies.
The crypto market will witness $2.29 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
Ethereum Devcon SEA 2024 is set to welcome 12,000 attendees. The schedule is now live, offering over 300 hours of content.
The crypto prices today have again sparked mixed investor sentiments, illustrating fluctuating trajectories. Bitcoin (BTC) price waned back to the $69K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded dominantly in the red zone.
Ethereum price started a fresh decline from the $2,720 resistance. ETH is back below $2,550 and might struggle to start a fresh increase in the short term.
Ethereum price resumed its downward trend this week as odds of Donald Trump winning next week's general election retreated. Ether fell to $2,500, a few points below this week's high of $2,725.
Ethereum leads in active addresses with 43% dominance. ETH has experienced an uptrend over past week hiking by 3.74%.
Tim Robinson, Head of Crypto Research at BlueYard Capital, has unveiled groundbreaking simulations indicating that Ethereum's implementation of “blobs” could be exceptionally bullish for the long-term price of ETH. In a series of posts on X, Robinson highlighted how blobs could revolutionize Ethereum's scalability and economic dynamics.
High-performance blockchain Solana (SOL) has garnered attention for significant inflows from other blockchains, with its total value locked (TVL) surging as a result of these inflows. An examination of the data, however, shows a more nuanced picture, with Ethereum (ETH) recovering 42% of Solana's inflows.
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, Ethereum is trading with a 0.07% gain in the past 30 days, which reveals the current consolidation situation it finds itself under.
After a bearish start, Ethereum (ETH) has traded within a narrow range through October, facing resistance at $2,736 and finding support at $2,326.
Crypto enthusiasts and investors' confidence in a major rally for Ethereum, the second largest digital asset, has grown strongly following ETH's renewed price performance, triggered by a rising optimistic sentiment in the general cryptocurrency market.
Like OpenSea, Uniswap, and other crypto firms, Immutable says it is the target of SEC scrutiny—describing the notice as an "overreach."
This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day.
Toncoin (TON), the cryptocurrency associated with the Telegram ecosystem, is on a remarkable growth trajectory, with analysts predicting it could surpass Ethereum in user base by December 2024. This potential milestone highlights the rapid adoption and increasing popularity of Toncoin, fueled by significant user engagement and accumulation among larger investors, often referred to as “whales.
A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.
Why did Reddit sell most of its crypto holdings ahead of the latest crypto market rally? Let's explore Reddit's divestment and investment strategies in this article.
The cryptocurrency market is experiencing a notable shift, with spot Bitcoin exchange-traded funds (ETFs) capturing substantial attention from investors this week. On Monday, these Bitcoin-focused funds registered an impressive $479.4 million in net inflows, signaling the highest daily investment levels since early October.
Ethereum (ETH) price has surged this week, signaling a robust bullish trend as it bounces from a crucial support level and nears significant resistance. ETH trades above $2,500, maintaining an upward momentum despite minor market corrections in recent hours.
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.
The Franklin Templeton OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on Coinbase's Base network.
Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.
Ethereum price struggles as it nears a potential breakout with an ascending triangle pattern. Rising competition and low ETF demand contribute to stagnation, yet Ethereum remains dominant in DeFi. Could upcoming market shifts finally catalyze an ETH rally? The post Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next? appeared first on Cryptonews.
Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S.
Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
Almost all of the coins from the top 10 list are falling today, according to CoinMarketCap.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
Solana and Ethereum have continued in their value transfer moves amid broader shift in market dynamics.
As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent
With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.
Ethereum's recent price action suggests a strengthening bullish trend as it rebounds from the key support and approaches the significant resistance region of the 100-day MA. If ETH breaches this threshold, a sustained bullish trend will unfold.
The total supply of ETH held on exchanges has grown, now totaling 21.45 million ETH, worth over $56 billion.
Spire Labs, an Ethereum scaling infrastructure developer, has raised $7 million in a seed funding round co-led by Maven 11 and Anagram.