The lackluster Dogecoin price action could change very soon as on-chain data suggests increased activity behind the scenes. Particularly, on-chain analytics company IntoTheBlock revealed a surge in daily transactions on the Dogecoin blockchain, pushing the count to its highest point since July.
Hougan describes Ethereum as "the Microsoft of blockchains."
Dogecoin has processed 1.93 million transactions over the past week, the highest level since early July.
Ethereum's 2024 triple bottom mirrors 2021, with critical resistance and network activity in focus.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
ETH price struggles to find reasons to rally after the network's DApp volumes drop and Ether languishes near the $2,250 support.
Hemi Labs, the brainchild of former Bitcoin core developer Jeff Garzik, announced on September 18 that it raised $15 million in a funding round to develop its new blockchain network, Hemi.
In this bearish market sentiment, crypto whales have begun showing interest in Ethereum (ETH), the second-biggest cryptocurrency by market cap. On September 18, 2024, the on-chain analytics firm Lookonchain made a post on X (Previously Twitter) stating that a whale who sold 5,690 ETH, worth $13.1 million, yesterday has bought back 5,660 ETH worth $13.
WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform's goal is to allow customers to interact with any WisdomTree-issued token on different blockchains.
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board.
Ethereum faces liquidity pressure, but bullish indicators and ETF outflows persist.
Popular crypto analyst Benjamin Cowen thinks Ethereum (ETH) is close to bottoming out against Bitcoin (BTC). Cowen tells his 856,500 followers on the social media platform X that he thinks the ETH/BTC ratio will bottom out between 0.03-0.04 BTC and then trend up next year.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
Amid an underwhelming price action, canine-themed meme coin Dogecoin (DOGE) is now seeing a rise in one of its key metrics.
On-chain data shows the Dogecoin miners have been accumulating recently. Here's what this could mean for the memecoin, based on past pattern.
During Wednesday's U.S. trading session, the cryptocurrency market saw a slight downturn, with Bitcoin struggling to maintain above $60,000. Meanwhile, the Ethereum price dropped by 1.8%, extending its correction as Q3 neared its end.
Vitalik Buterin breaks into song at Token2049, channeling his Ethereum rap days while splitting opinions.
This article evaluates the potential of Ethereum to surpass $3k in September based on insights from cryptocurrency experts and analyses of key altcoins. Stay updated with the latest Ethereum predictions and market trends.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Last week's Ethereum ETFs outflows resulted in weak demand this week. We explore key observations that may point to the shifting tide.
Regulatory uncertainties and competition notwithstanding, Matt Hougan believes Ethereum is underappreciated.
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network's average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users' or stakers' interest and engagement.
Ethereum L2 fees reduced to near zero, enhancing affordability. Ethereum's transaction confirmation times significantly improved post-Merge.
Dogecoin (DOGE) has shown a promising bullish signal as key metrics skyrocket. According to IntoTheBlock, last week, Dogecoin processed an impressive 1.93 million transactions, marking the highest weekly transaction count since early July.
Pseudonymous crypto trader Master Kenobi believes that Dogecoin (CRYPTO: DOGE) will continue to outperform Bitcoin (CRYPTO: BTC) in the current market cycle. What Happened: In a detailed social media post, Kenobi noted that despite Dogecoin's initial creation as a joke, it has managed to gain significant attention and popularity in the crypto community.
DBS, Singapore's largest bank, is launching over-the-counter Bitcoin and Ethereum options trading for its institutional and accredited wealth clients in Q4 2024.
Google offers Ethereum RPC service to support blockchain developers. Google simplifies dApp development by providing secure access to the Ethereum blockchain.
Google Cloud has recently announced the launch of its Blockchain Remote Procedure Call (RPC) service, an important development for the world of cryptocurrencies and decentralized applications (DApp). This initiative aims to simplify access to blockchain data, while improving the reliability and speed of applications that rely on such technologies.
On Tuesday, 12 bitcoin exchange-traded funds (ETFs) pulled in a hefty $186.76 million in inflows, while nine ether ETFs saw yet another round of outflows. The primary source of the ether losses? Grayscale's ETHE, which has experienced a $2.75 billion outflow since July 23.
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The cryptocurrency exchange-traded fund (ETF) market experienced a dramatic shift. Spot Bitcoin ETFs saw an impressive surge in investment, while spot Ethereum ETFs continued to face outflows.
Ahead of the 2024 presidential election, Charles Hoskinson, co-founder of the Ethereum (CRYPTO: ETH) blockchain, has expressed his preference for Donald Trump over Vice President Kamala Harris from a cryptocurrency perspective. What Happened: Hoskinson made these remarks on Wednesday at TOKEN2049 in Singapore, CNBC reported on Wednesday.
As the “Microsoft of blockchains,” Ethereum offers a potential contrarian bet into year-end, according to Matt Hougan.
The hacker behind the WazirX breach recently funnelled $11 million through Tornado Cash, as the total laundered Ethereum reaches 20,000 ETH.
Ethereum's bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.
A recent analysis from a well-known Dogecoin (DOGE) enthusiast and technical analyst suggests that DOGE could be on the verge of a stunning price, as he pointed out that the meme coin is just a few weeks away from completing its first "golden cross" in over four years - a technical indicator often associated with upward momentum.
The funding rate is a crucial metric in futures markets, representing the cost of holding long (buy) or short (sell) positions. When the funding rate is positive, long position holders pay short sellers, reflecting a bullish market sentiment.
In the latest update, Spotonchain has highlighted an investor's strategic move amidst struggling prices in the crypto market. The whale with the address 0x761, which had once made significant gains from SHIB, is now shifting its focus to other tokens, particularly Fetch.AI and Neiro on ETH, to recover from the recent losses.
Opinions matter in the broader digital currency ecosystem. Dogecoin (DOGE) cofounder Billy Markus shared a strong opinion about crypto conferences on X.
Many industry leaders have responded excitedly to the latest post of Elon Musk revealing the advancement made by Neuralink's Blindsight project. Among those who have taken to social media to convey their excitement are cryptocurrency leaders like Dogecoin co-creator Billy Markus.
As the Federal Reserve gears up for potential rate cuts, crypto analyst Michael van de Poppe is keeping a close eye on Ethereum. While he doesn't believe today marks the bottom for ETH, he's excited about what could unfold in the decentralized finance (DeFi) space once the Fed begins to lower rates.
Ethereum-based latest meme coin NEIRO has gained significant attention recently after receiving support from some of the top crypto exchanges like Binance, KuCoin, and others.
On Thursday, Ethereum developers will decide if Pectra will be split into two forks. If developers agree on the split, the first package could come in 2025, as early as February.
For the founder of ETH, the crypto industry must meet the needs of the mainstream and maintain decentralization.
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.
The Dogecoin price recover came as a welcome sight to investors after the meme coin struggled around $0.09 for a while. Naturally, the move in the price has prompted movement among Dogecoin investors and the whales are not left out of this.