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news-imageSeptember 16, 2024

Ethereum-to-Bitcoin Ratio Reaches Three-Year Low: What to Expect from ETH Price Next?

Ether's price hovers around a three-year low against Bitcoin, lagging behind BTC's 2024 performance. ETH is only 0.015% above its Jan. 1 level, while Bitcoin has soared by about 37% this year. As Ethereum is now at its weakest level against Bitcoin, investors might switch their focus toward Bitcoin.
Publisher: CoinPedia
Sentiment: Negative
ETH

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cover-imageBenzinga
September 18, 2024

Bitcoin, Ethereum, Dogecoin Cheer Fed's Decision, Erase Early Losses: Close Above $61.5K Is 'Resumption Of Bull Market,' Says Trader

Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.

Positive
cover-imageCoinPedia
September 18, 2024

Ethereum Whale Buys $13M of ETH, Bullish Signal?

In this bearish market sentiment, crypto whales have begun showing interest in Ethereum (ETH), the second-biggest cryptocurrency by market cap. On September 18, 2024, the on-chain analytics firm Lookonchain made a post on X (Previously Twitter) stating that a whale who sold 5,690 ETH, worth $13.1 million, yesterday has bought back 5,660 ETH worth $13.

Positive
cover-imageBenzinga
September 18, 2024

Bitcoin, Ethereum, Dogecoin Cheer Fed's Decision Erasing Early Losses: Close Above $61.5K Is A 'Resumption Of Bull Market,' Says Trader

Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.

Positive
cover-imageThe Cryptonomist
September 18, 2024

Google Cloud launches the Blockchain RPC service for Ethereum and other blockchains: a revolution for developers

Google Cloud has recently announced the launch of its Blockchain Remote Procedure Call (RPC) service, an important development for the world of cryptocurrencies and decentralized applications (DApp). This initiative aims to simplify access to blockchain data, while improving the reliability and speed of applications that rely on such technologies.

Positive
cover-imageCoinPedia
September 18, 2024

Crypto Whale's Strategic Move; Swaps $2M ETH For NEIRO!

In the latest update, Spotonchain has highlighted an investor's strategic move amidst struggling prices in the crypto market. The whale with the address 0x761, which had once made significant gains from SHIB, is now shifting its focus to other tokens, particularly Fetch.AI and Neiro on ETH, to recover from the recent losses.

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