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news-imageSeptember 13, 2024

Ethereum trader sentiment needs small bump for ETH to see ‘parabolic rise'

A crypto analyst is eyeing Ether's funding rate rising above 0.015 to see if “the calm before the storm breaks.”
Publisher: Cointelegraph
Sentiment: Positive
ETH

More News Articles

Negative
cover-imageThe Currency Analytics
October 9, 2024

Ethereum User Pays $700,402 in Transaction Fees for Nothing: What Happened

A user recently incurred a jaw-dropping fee of 288 ETH—equivalent to around $700,402—to complete a transaction that ultimately sent nothing to the intended recipient. This surprising event has sent ripples through the crypto community, raising questions about how such an error could occur and what it means for users in the Ethereum ecosystem.

Negative
cover-imageThe Currency Analytics
October 9, 2024

Ethereum's Supply Surges by 10,000 ETH in One Week: What This Means for the Market

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable surge in its supply, raising concerns about the long-term implications for the token's value. Over the past week, Ethereum's net supply increased by over 10,000 ETH, signaling a potential challenge to the supply control mechanisms introduced in the network's recent upgrades.

Positive
cover-imageBitcoinist
October 8, 2024

Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What's Going On?

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

Positive
cover-imageCryptoSlate
October 8, 2024

Ethereum staking defies market trends with robust growth in 2024

Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.

Negative
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader

Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.

Positive
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Solana Projected To Surge By 2025, Regardless Of Election Outcome: Report

Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.

Positive
cover-imageCryptoGlobe
October 8, 2024

Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.

Negative
cover-imageCrypto Economy
October 8, 2024

Bloomberg ETF Analyst Faces Criticism Over ‘Ethereum Shutdown' Remarks

TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.

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