The two-day Bitcoin chart has revealed a bullish price structure, characterized by breaking above key resistance levels and forming higher lows and higher highs. According to analyst Josh of Crypto World, this trend hints at a positive outlook for Bitcoin, suggesting that despite short-term fluctuations, the overall trajectory remains bullish.
Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing a challenge: its staking yields are significantly lower than those offered by various Layer-1 protocols, including Solana, Polkadot, Cosmos, and Celestia. This disparity could impact Ethereum's attractiveness to potential investors and validators, as noted in a recent report by Kaiko.
The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator.
The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator.
ETH's latest price correction could have major implications for the altcoin.
The sentiment shift appears linked to recent price action.
The fund joins Blackrock's BUIDL and Franklin Templeton's FOBXX as examples of Ethereum-based real world asset tokenization funds.
Ethereum (ETH) is showing promising signs of a significant price surge, with analysts forecasting a potential climb to $4,000 in the near future. This optimism follows a solid weekly increase of around 6%, indicating that ETH could be gearing up for a major breakout.
UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.
Ethereum's week ahead could be very crucial for the altcoin's short-term.
Some days ago, Ethereum (ETH) showed readiness to climb toward $3,000. But as last month neared its end, the momentum changed, leading the second most valuable cryptocurrency to drop below $2,600.
The price of Ether (ETH) soared to a local high of $2,719 on October 30, marking its highest level in nearly 14 days. However, a strong rejection on Oct. 31 saw the second-largest crypto in the world tumbling to as low as $2,470 earlier today.
Ethereum (ETH) finds itself once again challenging the crucial $2,800 resistance zone, a level it hasn't breached since August. The digital asset has recently demonstrated slow yet steady progress, with bullish technical patterns forming.
Global investment firm Franklin Templeton's proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase's Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S.
A closely followed crypto strategist is suggesting that Ethereum (ETH) may be gearing up for a massive breakout. Pseudonymous analyst Inmortal tells his 218,100 followers on the social media platform X that Ethereum looks bullish after holding the $2,400 level as support on the daily timeframe.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
The price of Ethereum (ETH) has slipped below the moving average lines after being rejected at a high of $2,723.
Ethereum missed out on this week's crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months.
UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,' the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS.
The cryptocurrency has wiped out ~80 billion from its valuation this week. This highlights a strong selling pressure within the crypto space. Following this, top tokens such as Bitcoin, Ethereum, and Ripple have recorded a notable correction in their respective portfolios. Will the top cryptocurrencies regain momentum with the U.S.
UBS Asset Management has launched the UBS USD Money Market Investment Fund Token, or uMINT, on Ethereum's blockchain. Targeted at institutional investors, uMINT offers a secure, conservative digital investment in high-quality money market instruments, aligned with UBS's broader blockchain strategy. The post UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum appeared first on Cryptonews.
Solana has fallen by 4% today, but its performance over the past month has raised the possibility of it flipping Ethereum. The post Solana Surges While Ethereum Stalls – Is a Breakout on the Horizon for SOL? appeared first on Cryptonews.
The M2 exchange was exploited for $13.7M in ETH, BTC, and SOL. The hacker still holds the ETH and BTC, while moving most of the SOL out of the initial wallet.
Immutable's IMX token is down by 14% on the day, and has cooled by 68% since hitting its 2024 peak in March.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears to be a perfect buying opportunity as whales and institutions are heavily accumulating. On November 1, 2024, a blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that a smart trader had purchased a significant 7,483 ETH worth $18.8 million.
Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation.
The Ethereum Foundation launched the Argot Collective — a long-term, non-profit organization for Ethereum software development.
As it turns out, thanks to a report from Whale Alert, a massive 50,000 Ethereum (ETH) tokens have just landed on the world's largest cryptocurrency exchange, Binance. What is fascinating, though, is the fact that the sender is an unknown entity, according to the initial report.
A smart trader with a remarkable trading track record bought $18.8 million of Ethereum (ETH) today, November 1. This action highlights an extremely bullish stance from the smart trader, who currently has a 100% win rate with ETH.
Ethereum price has remained under pressure as exchange reserves rise, ETF inflows stall, and its market share in decentralized finance declines. Ethereum (ETH) was trading at $2,550 on Friday, Nov.
Just image - you would have made a 111% ROI if you bought Bitcoin a year ago. If you bought it a month ago, your investment would have increased by over 4%.
UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients. According to a Nov. 1 statement, the new product — the “UBS USD Money Market Investment Fund Token” or “uMINT” — offers clients an innovative investment solution.
The fund is available on Ethereum blockchain and will only be distributed by authorized partners only.
Market analysts predict that Ethereum could fall below $2,000 to trade at the $1,500 level. While others remain optimistic on an ETH bull rally.
Ethereum's All Core Developers Consensus Call #145 focused on updates for Pectra Devnet, PeerDAS, and a new EIP proposal, highlighting ongoing development efforts.
Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
WisdomTree, a major ETF provider in the United States has made headlines with its latest Bitcoin and Ethereum transfers. This follows as the top two cryptos witnessed sharp price declines over the last 24 hours. However, the fund manager still holds a significant amount of BTC and ETH raising speculations over further dip ahead.
"That $2,400 support means everything for ETH," one industry participant said.
Devcon, ethereum's flagship conference is bigger than ever this year with 12,000 expected to attend in Bangkok from November 12th in two weeks.
Veteran analyst Peter Brandt predicts Ethereum's Ether (ETH) could drop to $1,500 as a bear pennant forms on the daily chart. Political uncertainty surrounding Trump's 2024 election odds adds to ETH's bearish outlook.
Large ETH whale transfers hint at possible sell-offs and repositioning. RSI at 47.33 shows bearish sentiment, with potential for further declines.
Ethereum‘s renewed price momentum appears to be slowing down as bears have taken control of the market once again. Despite the waning price strength, several crypto analysts are still bullish about the crypto asset's trajectory, predicting that ETH could be set to rally in the short term.
With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.
With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.
The leading provider of ETFs in the digital assets space, WisdomTree has gained market traction with its recent Bitcoin and Ethereum transfers. Notably, this movement comes as both the top two crypto by market cap noted sharp price declines over the last 24-hour timeframe.
Ethereum's price has been struggling to gain upward momentum for months, as it experienced a dip to around $ 2,500. Meanwhile, Veteran crypto trader Peter Brandt now warns of an even steeper decline, predicting a potential drop to $1,550 amid continued weak buying interest.