About 649 Ethereum has been moved to Paxos by Vitalik Buterin in his continuous ETH selloff move
A wallet linked to Vitalik Buterin has sold over $3 million worth of ether in the past 11 days. On Sept. 30, analytics platform Spot On Chain reported a transfer of 649 ETH (roughly $1.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is setting its sights on matching Bitcoin's (BTC) impressive market value. Currently priced at about $2,634, Ethereum's market cap stands at approximately $318 billion, significantly trailing Bitcoin's staggering $1.298 trillion.
Ethereum staking yields are expected to surpass US interest rates by mid-2025, driven by falling US rates and rising transaction fees, potentially making Ethereum more attractive to investors seeking higher returns.
Ethereum co-founder Vitalik Buterin believes that integrating decentralization and cooperation is one of the most pressing social challenges in the Ethereum ecosystem. There is a diverse group of researchers and developers who are “all building toward their own visions of what Ethereum can be,” Buterin wrote in his blog on Saturday.
Ethereum sees surging network activity with $45 million in weekly transaction fees, while facing mixed market signals including ETF outflows and price resistance.
Amid a warming cryptocurrency market, Ethereum (CRYPTO: ETH) staking yields are on track to surpass the federal funds rate, emerging as a “powerful supporting narrative” to drive the price of the world's second-largest cryptocurrency. What Happened: The gap between Ethereum's Composite Staking Rate and the Effective Federal Funds Rate, which has been negative since June 2023, was currently at its highest since December 2023, research by cryptocurrency brokerage firm FalconX showed.
However, these are forecasts based on the past, which, however, does not necessarily have to repeat itself.
As September closes with a rally hope in October, the cryptocurrency market is showing signs of recovery, breaking its usual bearish trend for the month. With Bitcoin climbing back above $66,000 and top altcoins, including Solana, surpassing key resistance levels of $155, there's growing excitement about a potential altcoin season.
The latest on-chain data shows that Ethereum co-founder Vitalik Buterin has continued to sell the altcoins from his ETH holdings. After showing major strength this past week, the ETH price faced selling pressure from $2,700 correcting 2% more in the last 24 hours.
Investors now look to the upcoming Monday speech from Fed Chair Jerome Powell and the non-farm payroll data set to be released on Friday.
Following the last week of upside, Bitcoin (BTC) along with the broader crypto market has come under selling pressure in the early trading hours on Monday. The BTC price is down 1.97% trading at $64,536 levels as the Japanese Nikkei 225 index slides nearly 5% today.
Ethereum price is correcting gains from the $2,720 resistance. ETH is now trading below $2,650 and might find bids near the $2,600 level.
A “double-whammy effect” is expected to narrow the gap between ETH staking returns and traditional risk-free rates in the coming quarters.
Ethereum-based projects should have metrics to strive toward to ensure they are collectively “building something that feels like one Ethereum ecosystem.”
Leading cryptocurrencies traded flat Sunday ahead of Federal Reserve Chair Jerome Powell's speech on the direction of interest rate cuts in the coming months. Cryptocurrency Gains +/- Price (Recorded at 9:45 p.m.
Ethereum's price action reflects short-term bullish momentum, trading above its 50-day moving average despite recent declines.
As it approaches the $70,000 price level, Bitcoin is exhibiting strong signs of recovery more than it has in months. With its momentum suggesting more upside potential, Bitcoin's recent price action has seen it break through multiple significant resistance levels.
The crypto-keen, stock market-listed Japanese firm Remixpoint has announced it has used its balance sheet to buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) holdings.
Ethereum's movement last week was full of mixed signals as Spot Ethereum ETFs started to witness good inflows. Notably, ETH has been on a rally since the middle of September, reflecting a 25% gain from the September 6 low of $2,171 as it crossed $2,715 on September 27.
Ethereum's rising activity drives higher fees, impacting prices and network congestion.
Ether has been underperforming Bitcoin for several months, but that may be about to end.
Not all ETFs have delivered the expected returns
Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into these platforms nudged upward by 0.643%, bringing the total to 14.08 million ETH.
Ethereum (ETH) price has experienced a recent surge, hitting $2,600. The trend is bullish, but whales or institutional investors sold off approximately $45 million worth of ETH on Saturday.
Bullish fractals, long-term technical patterns, and favorable macroeconomic trends could boost ETH's price to $10,000 by 2025.
BlackRock's ETHA exchange-traded fund joins the top 20% of ETFs in the U.S. market after reaching a key milestone.
BlackRock's ETHA ETF breaks into the top 20% of U.S. ETFs, reaching a significant milestone at an impressive pace.
The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally?
Top US crypto exchange Coinbase has added a yet-to-be-launched Ethereum (ETH) restaking project to its roster of potential upcoming listings. In an announcement, Coinbase says that it has added EigenLayer (EIGEN) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed.
Ethereum co-founder Vitalik Buterin expressed significant concerns about the current state of the network's blob count, which he described as “uncomfortably close to a ceiling.” This warning comes as Ethereum continues to evolve, particularly following its recent Dencun upgrade that introduced crucial scalability features.
It's been an impressive decade for Ethereum. But can it replicate this success during the next 10 years?
Ethereum, the second-largest cryptocurrency by market capitalization, has long been considered Bitcoin's closest competitor. While Bitcoin's dominance still overshadows Ethereum, crypto investors often speculate about ETH's potential growth if it chases the total BTC market cap.
Amid increased bullish sentiment in the cross-border market, the crypto space is on the verge of concluding September on a positive note. Moreover, with a potential altcoin market, investors are showing increased interest in lesser-known projects to maximize their profits.
BlackRock asset management firm has hit a new milestone in its spot Ethereum ETF (exchange-traded fund) offering, breaching the $1 billion mark in total asset value in a record two months.
The US market for spot Ethereum exchange-traded funds (ETFs) has seen a shift in investor sentiment, with the largest weekly inflows recorded since early August.
The cryptocurrency market has been buzzing with activity, led by Bitcoin (BTC) surpassing the $65,000 mark. Ethereum (ETH) is showing signs of an upcoming rally, while Ripple (XRP) finds itself stuck in a range, struggling to break out.
A prominent creditor of Genesis Trading has sold a substantial 12,100 Ethereum (ETH) for around $31.43 million. This development comes as part of the ongoing bankruptcy proceedings faced by Genesis and raises crucial questions about the potential impact on the Ethereum market amid increasing uncertainties.
As the crypto market holds its bullish momentum, the altcoin leader, Ethereum, maintains its value above the $2,600 level. Following this, ETH-based altcoins have regained power with some tokens recording a 3-digit surge this month. With a potential AltSeason market around the corner, investors are looking to find potential 100x Gems.
Since its presale launch, Cutoshi has generated hype as a unique meme coin. With Ethereum and Bonk eyeing its potential, investors wonder if Cutoshi could outpace them both.
U.S labor market updates and November Fed rate cut expectations to set next market direction.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a notable decline in its market dominance. This situation has raised questions among investors and traders about whether Ethereum is poised for a rebound or further decline.
A combination of factors could take ETH past a key target again!
The cryptocurrency market is on edge as approximately $7.7 billion worth of Bitcoin and Ethereum options are set to expire today. This substantial expiration event has traders and analysts closely monitoring the situation for any potential price volatility.
Blackrock's ETHA earned over $1 billion in assets in two months.
Charles Hoskinson, co-founder of Cardano and Input Output Global, has strongly criticized media outlets for misrepresenting his views on Ethereum's governance model, sparking a heated debate in the cryptocurrency community.