XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.
Cryptocurrencies have been gaining traction as institutional investors continue to show increasing interest, particularly through financial products like spot Bitcoin and Ethereum exchange-traded funds (ETFs). This trend was underscored on December 2, when Bitcoin and Ethereum ETFs saw significant inflows, signaling a shift in the financial landscape.
As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.
Ethereum price is recovering higher from the $3,500 zone. ETH is showing bullish signs and might soon aim for a move above the $3,700 resistance zone.
The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.
Ethereum's YTD inflows hit $2.2B, surpassing 2021 records, as its L2s and DeFi thrive.
Dtcpay, a cryptocurrency payment platform in Singapore, will switch to supporting only stablecoins starting in January 2025. With this move, the firm intends to stop accepting Bitcoin (BTC) and Ethereum (ETH) for payments.
Cryptocurrency markets are trading lower on Tuesday, with altcoins continuing their strong performance. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,114.25 +0.8% Ethereum (CRYPTO: ETH) $3,616 +0.2% Solana (CRYPTO: SOL) $236.50 +3.2% Dogecoin (CRYPTO: DOGE) $0.4116 -2% Shiba Inu (CRYPTO: SHIB) $0.00002826 -2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 125.5% and daily active addresses growing by 28%.
Brazilian banking giant Itaú Unibanco enhances its digital asset offerings by launching cryptocurrency trading services on its Ion investment platform, allowing customers to trade Bitcoin and Ethereum with a minimal entry threshold.
Vitalik Buterin humorously critiques crypto custody models, warning against the risks of centralized exchanges, highlighting failures like Sam Bankman-Fried (SBF).
The developer reported being locked out of Coinbase after attempting to make a transfer using its native stablecoin.
This represents the highest onchain volume on Ethereum in three years, since December 2021's $241 billion.
Singapore's dtcpay will exclusively support stablecoins for digital payment services starting January 2025, phasing out Bitcoin and Ethereum transactions due to their volatility, aiming to provide customers with a more stable and secure payment solution. The post Singapore's dtcpay to Replace Bitcoin and Ethereum with Stablecoins by 2025 appeared first on Cryptonews.
Top US crypto exchange Coinbase has added a red-hot memecoin to its roster of potential upcoming listings. In an announcement, Coinbase says that it has added MOG Coin (MOG) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed.
Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana's ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana's high-performance infrastructure.
CryptoQuant CEO Ki Young Ju highlights the precarious state of altcoins, urging investors to adapt to a new era of liquidity challenges. Ethereums $634 million inflows signal strength, but Bitcoins $457 million outflows raise concerns over market dynamics.
Ethereum co-founder Vitalik Buterin has called on Web3 wallets developers to prioritize improving security and privacy in decentralized wallets. In a blog post on December 3, 2024, Buterin stressed that wallets should be designed to enhance decentralization and privacy.
For the first time since its approval, Ethereum exchange-traded funds (ETFs) have recorded monthly inflows surpassing $1 billion, signaling a significant rise in institutional interest. This milestone coincides with ETH's price climbing to $3,700, raising expectations for further gains in the near future.
Coinbase added another meme coin to its listing roadmap today, pushing MOG near all-time highs in the process.
Security and scalability: Dtcpay reforms the digital payments market
Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.
Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.
“This outcome is crucial for all onchain activity,” wrote Mads Eberhardt, an analyst at Steno Research.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
Vitalik Buterin plans to simplify the Ethereum wallet future with cross-L2 transactions, optimized gas payments, and QR code standardization.
TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH's supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion.
In a recent essay, Ethereum's renowned creator Vitalik Buterin sketched out what he calls the perfect crypto wallet — a piece of tech that seamlessly balances security, usability, and privacy, all while embracing Ethereum's decentralized ethos.
Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process.
The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.
Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay's commitment to offering a more secure, predictable, and regulatory-compliant payment solution.
In a recent essay outlining his vision for the ideal wallet, Vitalik Buterin, the mastermind behind Ethereum (ETH), did not hold back when it came to addressing the darker side of crypto history. Buterin offered a vision for improving security, privacy and the user experience, but he also did not miss a chance to take a slight dig at Sam Bankman-Fried, the former FTX CEO whose actions led to the collapse of the exchange and the evaporation of billions in user funds.
Record-breaking ETF inflows signal growing institutional interest, with Ethereum outpacing Bitcoin in recent performance.
Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.
Ethereum is showing strong bullish momentum, driven by an influx of buyers. However, as the price nears a significant resistance level at $4K, market participants should anticipate a period of consolidation with the potential for heightened volatility.
If approved, ETH ETF staking yield could surge from 3% to 4-5%, attracting more institutional players.
Bernstein Research predicts Ethereum ETFs may include staking yields under a more crypto-friendly SEC.
Bitcoin and Ethereum's Relationship Is Doing Something Not Seen Since April 2021 -- It Could Trigger a Big Move for the World's Second-Largest Cryptocurrency
Ethereum's price increased 44% over 30 days, supported by declining exchange supply and increased whale accumulation, while currently trading above $3,600 with key resistance at $3,650.
Ethereum (ETH) institutional products have surged to a yearly all-time high, exceeding $2.2 billion. Digital asset institutional flows have moved upward in the last two months.
Ethereum-based investment products have set a record for 2024, reaching $2.2 billion in net inflows, surpassing the $2 billion high in 2021, according to CoinShares.
XRP saw a record $95 million inflow, driven by hype surrounding the potential for a US ETF launch.
As Bitcoin remains stagnant at nearly $96k, the bullish trend in the Ethereum price halts slightly above $3600. Struggling to pick up pace, the ETH price trend consolidates between 20 and 50 EMA lines in the 4-hour chart. Based on the current price action, a breakout of either EMA line will determine the upcoming trend.