Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.
Solana's rapid rise in the NFT market is fueling demand for SOL, positioning it as a strong contender in the blockchain space.
Ethereum price found support near $2,350 and started a fresh increase. ETH is rising and might aim for a move above the $2,580 resistance.
One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.
Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
In October, the Solana blockchain registered 123 million active addresses. It has grown 42% since September and has risen dramatically from 12.7 million addresses at the start of the year.
If Ethereum continues mimicking S&P 500, $10K price remains a strong long-term possibility.
Helio Pay has expanded its Solana Pay integration on Shopify, enabling merchants to accept a wider range of cryptocurrencies, including Bitcoin and Ethereum, while streamlining transaction management and enhancing payment flexibility for customers. The post Helio Pay Leverages Solana's Power to Expand Crypto Payments on Shopify appeared first on Cryptonews.
The cryptocurrency market witnessed a sudden surge in buying pressure during the United States presidential election on Tuesday. The pioneer digital currency, Bitcoin, teased a bullish breakout of the $70,000 barrier, uplifting the recovery momentum in the altcoin market.
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Despite Michigan pension fund's new move, the total cumulative flows into ETH ETFs continue to remain negative.
Solana continues to demonstrate its robust stance in the broader blockchain sector following a recent significant increase in on-chain activity, with transaction volumes and user engagement rising massively across its network. Generally, SOL's market performance may benefit from this substantial growth, which could indicate persistent network scalability and health.
Ethereum (ETH) price is showing signs of weakening strength as polls open across most of the US.
Following the breakdown, the price has once again moved back within the bullish pattern and is poised for an upside rally.
Michigan's move to increase Ethereum investments comes amid a wave of crypto interest among U.S. state pension funds.
Cryptocurrency markets are trading higher as markets predict a Trump win, boosting sentiment.
President of The ETF Institute, Nate Geraci, says the upcoming election will profoundly impact the future of crypto ETFs. The approval of new spot ETFs for assets such as Solana, XRP, and Litecoin is of particular interest.
Solana gains alongside Bitcoin's US election-related rally, and data hints that SOL price could hit $200.
The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
Solana (SOL) price, a layer-1 blockchain network token, is currently locked in a consolidation pattern, reflecting the broader market's sluggish momentum. Despite minimal movement, subtle signs hint at a potential upward trend for the coin.
This metric serves as an indicator of relative market sentiment and capital flows between crypto's two largest assets.
ETH/BTC decline hits over three-year low at 0.03508, reflecting Ethereum's underperformance and potential further downside in Q4 2024. The post ETH/BTC hits lowest point in over 3 years, sliding to 0.03508 appeared first on Crypto Briefing.
The State of Michigan Retirement System has disclosed a new holding in Grayscale's Ethereum exchange-traded fund, becoming the first public pension fund to do so since the ETH-based product commenced trading on U.S. exchanges in July.
Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.
Solana's price dipped despite high volume. Here's a look at what this means for SOL prices.
The recent Bitcoin price movement is causing a stir. After several rallies, some troubling indicators hint at potential price dips that could shake up the market. But while Bitcoin's recent moves have some traders on edge, a new Solana alternative, PropiChain, sparks interest and optimism.
VanEck's proposed spot Solana (SOL) exchange-traded fund (ETF) is facing scrutiny due to concerns over wash trading and the nature of on-chain activity. Matthew Sigel, Head of Digital Assets Research at VanEck, published an in-depth analysis on Tuesday, comparing SOL's metrics with those of Ethereum to provide context and clarity.
In the last few hours, an enormous sum in Ethers (ETH) was moved to derivatives exchanges. Typically, this is a signal of a downturn, or, at least, increased volatility, CryptoQuant's verified author says.
VanEck asset management company has launched a new PYTH ETN product, extending its European offerings with a focus on the Solana-backed Pyth Network. This new product, listed on Euronext Amsterdam and Euronext Paris, aims to provide investors across 15 European countries with exposure to PYTH without requiring direct cryptocurrency holdings.
Ethereum (ETH) has established a relationship with the S&P 500 index, a correlation that points to a record-high price target for the second-ranked cryptocurrency by market capitalization.
The cryptocurrency landscape is pivotal as Ripple's case with the SEC ends. This development places XRP Rivals in the spotlight, especially as the U.S. presidential election approaches.
Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback. This critical level has held firm despite market volatility, and now all eyes are on Solana as it attempts to regain bullish momentum.
Ethereum faces selling pressure from whales amid election-related uncertainty. Institutional demand for Ethereum ETFs remains weak, impacting price recovery.
TL;DR P2P.org launched the “Operator Allocation Share” program in EigenLayer, allowing its delegators to claim part of a total reward of 828.08 ETH. The platform developed a “Risk Engine” and a rewards management tool to improve security and accessibility in EigenLayer. P2P.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot exchange-traded funds (ETFs) experienced substantial net outflows on Nov. 4, with the former seeing a record $541 million outflow, marking the second-largest single-day outflow in history. The only higher single-day outflow was recorded on May 2, when $563 million exited Bitcoin ETFs.
The price of Ethereum (ETH) has fallen below the key support line below the moving averages. Buyers have failed to sustain their bullish momentum above the overhead resistance of $2,800.
Solana (SOL) has been on a remarkable upward trajectory, but a recent strategic sell-off by a prominent whale has drawn attention to the cryptocurrency's price dynamics. The whale, who had been accumulating SOL for months, recently sold 265,070 SOL worth approximately $43.96 million, raising questions about how such large transactions affect the broader market.
Did you hear that Grayscale just listed three Solana ecosystem coins on their ‘under consideration' list? Yeah, that's right.
Right now, as the US election unfolds, it's creating volatility for Bitcoin. Recent events show that the Bitcoin ETFs had one of their worst days in history, with a $541 million outflow just yesterday. This outflow created sell pressure, which caused a short-term dip in Bitcoin's price.
Sui (SUI) is making waves, pulling in a net flow of $24.3 million and outshining giants like Ethereum (ETH), which only pulled in $9 million, according to Mysten Labs' co-founder Adeniyi Aboidun. But here's the kicker - both Sui and Ethereum are currently stuck in a consolidation rut, leaving investors scanning the horizon for fresh, high-growth opportunities.
A crypto co-founder was robbed in Bangkok while traveling there to attend the 2024 Ethereum Devcon conference. Haichao Zhu, co-founder of Bitcoin application Rooch Network, urged Ethereum Devcon attendees to exercise caution in a Nov.
Rooch Network co-founder Haichao Zhu was robbed at knifepoint in Bangkok shortly after arriving for Ethereum's Devcon conference, highlighting safety concerns for attendees and urging caution while navigating the city, especially at night. The post Ethereum Devcon Attendee Falls Victim to Violent Robbery in Bangkok appeared first on Cryptonews.
As the U.S. election looms, crypto investors are bracing for potential turbulence that could jolt major tokens like Bitcoin and Solana. 10X Research, led by Markus Thielen, has pitched a strategic “pair trade” to help investors navigate this storm: go long on Bitcoin (BTC) and short on Solana (SOL).