The story between Charles Hoskinson and Ethereum (ETH) recently resurfaced in the crypto space, as one of the enthusiasts decided to break down what exactly broke this union.
A total of $1.3 billion worth of Bitcoin ($BTC) options are set to expire today, September 13, 2024, while an additional $298 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market. With a combined notional value of nearly $1.
U.S. Spot Bitcoin ETFs experienced $39.2 million in inflows on Thursday, while Ethereum ETFs were hit with $20.1 million in outflows.
Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency's current performance.
Ethereum faces sustained bearish pressure with declining market volume and volatility. Whales steadily accumulate ETH, indicating long-term bullish expectations.
Ethereum's price has been trending lower over the past few months but has found support at a critical level. Meanwhile, the market is yet to demonstrate a bullish shift.
“It doesn't matter if I invested, or if you're my friend; stage 1 or bust,” he said in a recent tweet. Here's what that means.
Bitcoin has seen substantial gains this year, Ethereum has struggled, falling to a 40-month low in its ETH/BTC trading pair. Here's a closer look at the factors contributing to Ethereum's lag behind Bitcoin:
Ethereum rebounds; mining wallets and technical indicators point to potential growth.
A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well.
Ethereum (ETH) has risen by 2%, now trading at $2,368 in the past 24 hours. However, Ethereum exchange-traded funds (ETFs) continue to struggle, seeing another day of outflows totaling $20.14 million.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum's price has remained close to the key resistance at $2,400.
The Ethereum price has dropped by 1% today, slipping to $2,347 as the cryptocurrency market loses the same percentage in the last 24 hours.
The crypto market is on high alert right now, as nearly $1.6 billion worth of Bitcoin and Ethereum options are set to expire today at 1:30 PM IST. What this development indicates is a chance for a sharp increase in market volatility. Let's have a closer look at the possible implications.
Data from blockchain analysis firm IntoTheBlock indicates that Ethereum whales have been gradually increasing their holdings since 2019. This trend accelerated notably after the Shanghai upgrade in early 2023, which allowed users to withdraw staked Ether.
"Traders should monitor medium-term reversal indicators such as RSI and Stochastics," to catch signs of assets being oversold, said 10X Research.
OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
James Fickel reduces ETH/BTC exposure, swaps 5K ETH for WBTC. Fickel faces $38.5M loss after aggressive ETH/BTC trades.
Ethererum's current funding rate, approximately 0.0056%, has returned to levels seen in September 2023, after which the ETH price has reached 166% in six months.
Ethereum price has been struggling with its price despite most of the crypto market managing losses. ETH price dropped 40% between May and August despite a spot Ethereum ETF launching in June.
Ethereum's Vitalik Buterin has made a move, and it could have some implications.
He publicly announced that he will no longer consider projects that do not demonstrate being decentralized.
The Ethereum price underwent a 20% pullback in the past couple of weeks as the bulls failed to hold the levels above $2,700. Although they have confirmed a rebound from the lower support zone, the bearish influence over the token does not appear to have faded yet.
Bitcoin ETFs rebound with $39M inflows, Ether ETFs in trouble.
Ethereum network activity is surging across multiple metrics, leading analysts to project significant price growth soon
Spot Bitcoin exchange-traded funds in the U.S. experienced inflows on Sept. 12, a reversal from the previous day, while Ether ETFs saw their second consecutive day of outflows.
Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum's current funding rates.
Ethereum's funding rates, network activity, and L2 adoption, all pointed to more upside for the altcoin's price.
The U.S. Securities and Exchange Commission (SEC) has already conceded that Ethereum (ETH) is not a security, according to Paul Grewal, chief legal officer at Coinbase.
A key detail revealed as part of the SEC's settlement with the cryptocurrency platform eToro has suggested a drastic shift in the agency's perspective on Ethereum (CRYPTO: ETH). What Happened: According to a press release on Thursday, the SEC found that the U.S. arm of the Israel-based multi-asset company's operations violated federal securities laws by allowing the trading of cryptocurrencies as securities.
Ethereum has encountered a series of setbacks since August, extending into September. As of the latest data, ETH is trading at approximately $2,338, marking a 1.3% decline in the last 24 hours and a 2% drop over the past week.
Research analyst, Christine Kim reported on X that Ethereum developers are contemplating splitting the Pectra hard fork. The analyst stated the idea was brought up in a September 12th call as the developers discussed adding more Ethereum Improvement Proposals (EIPs) to Pectra.
Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH), the world's largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations, however, Cowen foresees Ethereum's current downtrend concluding by year's end, setting the stage for a resurgence.
Ethereum price is holding gains above the $2,300 level. ETH could gain bullish momentum if it clears the $2,380 resistance zone.
A crypto analyst is eyeing Ether's funding rate rising above 0.015 to see if “the calm before the storm breaks.”
Leading cryptocurrencies remained choppy on Thursday as the countdown to the widely anticipated interest rate cut began.
Ethereum price has remained in a strong bear market this month amid negative headlines from the biggest chain in the crypto industry. ETH was trading at $2,360 on Friday, down by over 42% from its highest point this year. It is also hovering near its lowest point since February this year.
Artificial Superintelligence has outperformed major cryptocurrencies like Bitcoin, Ethereum, and Solana in a key area.
Crypto analyst Benjamin Cowen is predicting a deeper Ethereum (ETH) correction before the year's end. In a new interview on the Bankless podcast, Cowen says Ethereum could dip more than 48% of its current value before rallying at the start of 2025.
Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400.
The U.S. Securities and Exchange Commission (SEC) has signaled that it considers Ether (ETH), the industry's second-biggest crypto, as a non-security in its settlement with the global financial trading platform, eToro.
Cryptocurrency markets are slightly up as markets are trying to assess the chances of a rate cut next Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $58,420.94 +1.7% Ethereum (CRYPTO: ETH) $2,354.98 +0.9% Solana (CRYPTO: SOL) $135.52 +2.8% Dogecoin (CRYPTO: DOGE) $0.1021 +0.8% Shiba Inu (CRYPTO: SHIB) $0.00001334 +0.7% Notable Statistics: IntoTheBlock data shows Bitcoin's large transaction volume dropped by 11%, while daily active addresses saw a 7% drop.
Vitalik Buterin pressures Ethereum Layer 2 chains to accelerate decentralization efforts.
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase's custody.
The leading cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have traded sideways for months, leaving traders puzzled over the lack of decisive price action. What Happened: Based on the analysis of previous Bitcoin cycles, CryptoCon predicts Bitcoin to surge by early 2025, with prices crossing the $100,000 mark.
Coinbase has unveiled cbBTC, a wrapped version of Bitcoin, that allows users to utilize their Bitcoin holdings in decentralized finance (DeFi) applications on Ethereum and Base. As the largest and most widely recognized cryptocurrency, Bitcoin's integration with DeFi marks a significant step in expanding its use cases beyond simple holding or trading.
Ethereum (ETH), once dubbed the “Swiss Army Knife of Blockchain,” has been an essential player in the decentralized space. Its ability to facilitate smart contracts and decentralized applications (dApps) without a central authority has cemented its place as the second-largest cryptocurrency by market capitalization.