Ethereum (ETH) has been struggling with the $4,000 price level for months now. Since March 2024, it's been rejected at this point three times. Right now, it's sitting at $3,475, and while that's a slight improvement, ETH has still dropped 24% over the past few days—from $4,087 to $3,097.
Ethereum whales withdrew 17,698 ETH valued at $61.66 million, accelerating price recovery. With prices nearing $4000 and renewed institutional activity, market sentiment remains bullish as analysts predict further gains.
Due to yesterday's crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.
Ethereum (ETH) has shown signs of recovery following a sharp market downturn, with significant whale activity that saw large Ether holders have been making withdrawals from exchanges. After experiencing declines exceeding 15% following the Federal Reserve's rate cut decision for 2025, Ethereum appears to be finding stability near the $3,400 level.
Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week's charts as the best-performing collections.
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.
Ethereum whales have turned active once again as the ETH price dipped all the way to $3,100 levels. The massive withdrawals from the crypto exchange Binance show that big players are confident of ETH's future rally despite recent volatility.
Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn't entirely out of the question.
World Liberty Finance, a prominent crypto initiative backed by the Trump family, has significantly increased its Ethereum (ETH) holdings through a strategic purchase of $2.5 million worth of the cryptocurrency. On December 20, 2024, the project acquired 722.213 ETH using Cow Protocol at approximately 6:54 UTC+8.
Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.
Story Highlights The Ethereum price today is . ETH price with a potential surge could hit $4,332 this year. The price of Ethereum could reach a high of $15,575 by 2030. The cryptocurrency market has experienced a strong bearish pullback in 48 hours.
The cryptocurrency market is facing a significant event, with over $2.6 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts set to expire. This large volume of expiring options has the potential to trigger short-term price volatility for both assets, particularly as both Bitcoin and Ethereum have recently seen declines.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is poised to continue its upside momentum following a notable price decline in recent days. This bullish speculation is driven by investors and long-term holders who have recently been buying the dip in ETH. Crypto Whales Adds $28.
World Liberty Financial, a DeFi project backed by Donald Trump's family, went on a $2.5 million Ethereum buying spree after the crypto market took a nosedive caused by the recent Federal Reserve rate cut.
Ethereum drops 12.44% in seven days, breaking below $3,500 Major whales deposit over $370M worth of ETH to exchanges Technical analysis suggests possible test of $3,000 level
Bitcoin experienced a sharp decline, falling to $94,000 from its peak of over $100,000. As the market struggles with a change in momentum, a retracement is looming on the horizon.
The Ethereum (ETH) price's post-US Federal Reserve meeting rollercoaster continued on Friday with prices crashing as low as the $3,100 area before covering sharply to just above $3,400. The post Is the Ethereum Price Crash Over? Here's Where Its Headed Next appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) has approved two innovative exchange-traded funds (ETFs) that could change the landscape of crypto investing. The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF are the first of their kind, combining spot Bitcoin and Ethereum into one investment vehicle.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.
The cryptocurrency market is witnessing signs of recovery, with Solana ($SOL) and Ethereum ($ETH) showing promising reversal patterns. Meanwhile, Altura ($ALU) is gaining momentum, preparing for a bullish breakout that could solidify its position as a multibillion-dollar project.
The crypto market witnessed the sharpest declines in months as Bitcoin crashed to lows of $92k on December 20, 2024. However, the flagship cryptocurrency was back at $97k at the time of writing. Meanwhile, Horizen price led top gainers as Ethereum and XRP flipped positive after crashing to key support levels.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
World Liberty Financial (WLFI), the latest venture by incoming US President Donald Trump, has generated a lot of interest in the cryptocurrency space. WLFI has been working on strategic projects in the field of decentralized finance.
The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.
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Ethereum (ETH) is experiencing heightened volatility as large whale activity causes a significant sell-off, driving the price to a weekly low. Ethereum whales, holding between 1,000 and 10,000 ETH, sold off 60,000 ETH worth over $200 million on December 18th.
Total assets under management across all Ethereum ETF products currently stand at approximately $11 billion.
The SEC approved the first-ever hybrid Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, broadening institutional crypto access.
The Ethereum price is down over 6% in the last 24 hours, dropping to as low as $3,120 during this period. This price drop is due to several factors, including the Fed's hawkish stance, which paints a bearish picture, not just for ETH but also for the broader crypto market.
Horizen price spiked more than 60% in 24 hours as the cryptocurrency market looked to recover from a massive dump that saw top altcoins crash to key support levels. On Dec.
Tether (USDT) dominates the stablecoin space, growing from a $91.7 billion market cap at the start of 2024 to surpass $140 billion by December 19.
TL;DR More than $2.6 billion in Bitcoin and Ethereum options expire today, which could generate significant volatility in the prices of both cryptocurrencies and altcoins. Bitcoin accounts for $2.02 billion of the expirations, while Ethereum represents $598.99 million.
Amid the ongoing cryptocurrency market downturn, World Liberty Financial (WLFI), a decentralized finance project associated with President-elect Donald Trump, has increased its Ethereum (ETH) holdings. Recent data from Etherscan reveals that the project has acquired over 1,481 ETH in a single day, continuing its strategy of buying during market dips.
TL;DR The SEC approves the first hybrid ETFs combining Bitcoin and Ethereum, a significant step towards integrating cryptocurrencies with traditional markets. The funds, Hashdex Nasdaq Crypto Index US and Franklin Crypto Index, will have an approximate distribution of 80% Bitcoin and 20% Ethereum.
World Liberty, the crypto project backed by the Donald Trump family, has bought the dip with another $2.5 million spent on Ethereum.
Billy Markus, founder of Dogecoin (DOGE) known on social media as Shibetoshi Nakamoto, dropped a cryptic post on X. The post reflects his reaction to the rapid decline witnessed in the prices of Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH).
Spon On Chain reported another 722 ETH purchase by Trump's project World Liberty Financial (WLFI). WLFI currently holds a significant 15,595 ETH, including 5 other tweets.
Bitcoin's price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains.
The U.S. Securities and Exchange Commission (SEC) has approved the first crypto index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton.
Stablecoin supply on Ethereum Layer 2 networks hits a new record of $13.5 billion, reflecting increased adoption of digital assets and DeFi solutions. The post Stablecoin Supply in Ethereum Layer 2s Reaches $13.5 Billion appeared first on Cryptonews.
Coinbase's Layer-2 blockchain network Base has experienced significant user growth, adding an average of 1.56 million new users per month in 2024.
Ethereum validators signaling for a higher gas limit have grown to 10%, driven by community advocacy for raising the cap to improve network efficiency and reduce transaction fees.
After multiple delayed reviews, the United States Securities and Exchange Commission (SEC) has finally given its regulatory greenlight the first spot exchange-traded funds tracking both Bitcoin and Ethereum.
The crypto market continues to face a sharp downturn, shedding around 10% in the past 24 hours after the Federal Reserve's latest policy update. Bitcoin's price plunged nearly 10%, hitting a low of $93,000.