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Justin Sun, the founder of Tron, executed a transfer of 29,920 ETH valued at $119.7 million to HTX following Ethereum's impressive surge past the $4,000 mark. The transaction has sparked discussions regarding Sun's strategy—whether he's cashing out or setting the stage for additional profits.
ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?
Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses increasing by 8.7%.
On-chain data reveals that a whale has increased their Eehereum holdings with a substantial purchase.
History shows Ethereum has defied the odds to stay the top altcoin—making a $16K target seem possible.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
TL;DR Tether reaches a record of 109 million active wallets, surpassing Bitcoin and approaching Ethereum, driven by its adoption in emerging markets. 29% of wallets with low balances have been reactivated, indicating recurring use of USDT, even among users with limited funds.
Ethereum's (CRYPTO: ETH) to $4,000 has come to a sudden end on Monday, but traders on social media continue to see bullish catalysts driving ETH higher in the future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,848.94 $463.6 billion -3.5% +6.6% Bitcoin (CRYPTO: BTC) $97,809.31 $1.93 trillion -2.1% +2.6% XRP (CRYPTO: XRP) $2.41 $137.4 billion -6.9% -10.3% Trader Notes: With Ethereum prices dropping 3.7% below $4,000, crypto trader Wolf highlights $3,500 as “solid support,” suggesting this may be the final chance to buy before Ethereum accelerates higher.
Smart car project Dimo is migrating to Coinbase's Base to open the door to potentially valuable partnerships and collaborations.
The Ethereum (ETH) price is pulling back after running into a wall of resistance at the $4,000 level, and was last down around 4% this Monday in the $3,800 area. The post Ethereum Price Slumps 4% After $4,000 Breakout Failure, But History Suggests More Upside Coming appeared first on Cryptonews.
Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinShares' latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion.
Ethereum is portraying its position as a leader in the crypto market after its recent upward spike to the $4,000 mark, a level not seen for about three years. As ETH challenges resistance points, this notable rally toward the pivotal level has sparked strong confidence about its future performance.
Sellers have seized the initiative at the beginning of the week, according to CoinStats.
Digital asset investment products saw their highest-ever weekly inflows last week, totaling $3.85 billion, smashing the prior record set just weeks ago. This surge brought total year-to-date (YTD) inflows to $41 billion and assets under management (AuM) to a new high of $165 billion, according to a Coinshares report released on Monday.
Short Bitcoin products experienced only $6.2 million in inflows, highlighting investor caution after Bitcoin's recent strong price momentum as it briefly breached $100,000.
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday's trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.
Ethereum (ETH) is gaining significant attention as it continues its upward trajectory, with analysts predicting the price could surpass $5,000 by the end of 2025. This forecast is supported by emerging fractal patterns, a technical chart signal, and a major $500 million investment from BlackRock's Ethereum (ETH) ETF.
Ethereum (ETH) price is sliding lower, in line with the rest of the crypto market. The drop comes as BTC slides below $100K again.
Ethereum Spot ETFs saw huge inflows in last week bringing in a total inflow of $837 million.
Justin Suns massive $119 million Ethereum transfer to HTX has sparked speculation amid ETHs rise past $4,000. Fueled by record ETF inflows, Ethereum continues to show strong bullish momentum.
Amid revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.
XRP (CRYPTO: XRP) has outperformed Bitcoin and Ethereum over the past month, following Ripple's favourable legal developments. The cryptocurrency peaked at $2.82—its highest level in nearly seven years—triggering speculation of even larger gains.
Bitcoin ETFs hit $112.74 billion in net assets this week, and Ethereum ETFs broke records with $836.69 million in weekly inflows.
TL;DR Digital assets investment products recorded a historic $3.85 billion in inflows last week, highlighting growing institutional interest and pushing YTD totals to $41 billion. Ethereum saw its highest-ever weekly inflows of $1.2 billion, reflecting increasing confidence among institutional investors in its long-term potential.
21Shares' 2025 Crypto Outlook predicts significant growth for Bitcoin and Ethereum, highlighting increased adoption as a reserve asset and a resurgence in Ethereum's revenue, driven by institutional interest and favorable regulatory conditions. The post 21Shares' 2025 Outlook Predicts More Bitcoin Adoption and Ethereum Resurgence appeared first on Cryptonews.
Ethereum's Total Value Locked (TVL) has surged by an impressive $7.79 billion over the past week, marking it as the blockchain with the highest growth in TVL during this period. This significant development coincides with the temporary rise of the ETH price to $4,000, indicating renewed investor confidence in the cryptocurrency.
Ethereum could reach its all-time high soon with increasing institutional interest and minimal resistance between the current price and ATH.
Ethereum (ETH) surged to $4,087, riding on a powerful rally since November. It revisited its yearly high, which was previously made in March.
Ethereum is testing resistance near $4,000, with the potential to rise to $4,200 if broken. Whale investor sells 11,638.9 ETH for $46.4 million, securing a 96% return.
TL;DR Ethereum spot ETFs have recorded an unprecedented $837 million in inflows between December 2 and 6, led by BlackRock's ETHA fund with $573 million. The substantial inflows reflect a broader trend of institutional adoption in the crypto market, with Ethereum's ecosystem developments making it an attractive investment.
Justin Sun, the founder of Tron moved 29,920 ETH worth $119.7 million to HTX after Ethereum's price surged past $4,000. The transaction has raised questions about whether Sun is taking profits or positioning for further gains.
The crypto market is about to experience a turbulent period with the three main cryptocurrencies pointing towards the red. Price forecasts for Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) indicate a possible correction ahead.
Ethereum's price is in a critical zone near $4K, facing resistance but also showing signs of consolidation. While the market remains bullish overall, short-term fluctuations within the $3.5K-$4K range are expected before a potential breakout or deeper pullback.
Ethereum (ETH), the second-largest cryptocurrency by market cap, is showing signs of a major rally, with analysts predicting that the price of ETH could surge to $15,000 by 2025. This bullish outlook comes after Ethereum's recent price rebound and the discovery of a key “impulse breakout” in its price action.
Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.
Ethereum price has extended its decline below the the USD 4,000 mark, and multiple on-chain data signal bearishness.
Blockchain projects thrive on innovation. The more developers push boundaries, the brighter a project's future becomes. This December, Santiment ranked the top ERC-20 tokens by development activity. From DeFi giants to Web3 pioneers, these tokens reflect where the blockchain world is headed. Let's take a closer look at who's making the most noise.
Digital asset funds experience record inflows of $3.85 billion, with Ethereum leading the charge, according to CoinShares. Bitcoin and blockchain equities also see significant investments.
Ethereum reaches new yearly high of $4,096 amid 300% increase in weekly transaction volume to $17.15 billion, with data showing minimal resistance to previous all-time high of $4,878.
Ethereum's rally, driven by rising active addresses, suggests sustainable growth despite market consolidation.
Earlier today, Ethereum's price briefly hit $4,000 before pulling back following strong institutional interest and whale activity. At the same time, PEPE also hit a new all-time high, while MOG has witnessed a meteoric surge following a Coinbase listing. Movement (MOVE), a relatively new Ethereum L2 solution token has also been listed on Upbit.
The demand for Ethereum has registered a sharp uptick in the past few weeks as Bitcoin price experiences diminishing returns after hitting $100K.
This means you no longer have to jump through hoops to move your crypto between different networks. With this new feature, Phantom Wallet makes it as easy as pie to trade tokens across these popular blockchains.
Crypto provider 21Shares anticipates a transformative year for crypto in 2025, projecting Bitcoin's continued rise, Ethereum's revenue rebound, and the expansion of stablecoins.
Ethereum is going through a decisive phase that is attracting the attention of investors and analysts in the sector. The network has just recorded a notable 36% increase in active addresses, rising from 306,000 to 417,000 in one month.
Ethereum-based spot exchange-traded funds (ETFs) have been experiencing a streak of inflows, with Dec. 6 marking the 10th consecutive day of positive inflows.
After struggling for months, Ethereum finally broke the $4,000 barrier on Dec. 7 on the back of increased accumulation from retail investors.