Toncoin (TON), the cryptocurrency associated with the Telegram ecosystem, is on a remarkable growth trajectory, with analysts predicting it could surpass Ethereum in user base by December 2024. This potential milestone highlights the rapid adoption and increasing popularity of Toncoin, fueled by significant user engagement and accumulation among larger investors, often referred to as “whales.
A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.
Why did Reddit sell most of its crypto holdings ahead of the latest crypto market rally? Let's explore Reddit's divestment and investment strategies in this article.
The cryptocurrency market is experiencing a notable shift, with spot Bitcoin exchange-traded funds (ETFs) capturing substantial attention from investors this week. On Monday, these Bitcoin-focused funds registered an impressive $479.4 million in net inflows, signaling the highest daily investment levels since early October.
Ethereum (ETH) price has surged this week, signaling a robust bullish trend as it bounces from a crucial support level and nears significant resistance. ETH trades above $2,500, maintaining an upward momentum despite minor market corrections in recent hours.
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.
Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.
Ethereum price struggles as it nears a potential breakout with an ascending triangle pattern. Rising competition and low ETF demand contribute to stagnation, yet Ethereum remains dominant in DeFi. Could upcoming market shifts finally catalyze an ETH rally? The post Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next? appeared first on Cryptonews.
Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S.
Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
Almost all of the coins from the top 10 list are falling today, according to CoinMarketCap.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
Solana and Ethereum have continued in their value transfer moves amid broader shift in market dynamics.
As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent
With Ika's integration on Sui, developers can now build secure, decentralized applications on a network that supports Bitcoin and other blockchains.
Ethereum's recent price action suggests a strengthening bullish trend as it rebounds from the key support and approaches the significant resistance region of the 100-day MA. If ETH breaches this threshold, a sustained bullish trend will unfold.
The total supply of ETH held on exchanges has grown, now totaling 21.45 million ETH, worth over $56 billion.
Spire Labs, an Ethereum scaling infrastructure developer, has raised $7 million in a seed funding round co-led by Maven 11 and Anagram.
Former Alameda CEO Caroline Ellison recently received a reduced sentence of 2 years after cooperating with authorities.
Discover how intents are reshaping Ethereum transactions by offering a flexible alternative to traditional execution paths, with significant potential for cross-chain interactions.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
Ethereum (ETH) has been criticized by the cryptocurrency community for underperforming in the current cycle compared to competitors such as Bitcoin (BTC) and Solana (SOL).
OKX Ventures' Q3 report highlights continued investment in Bitcoin, Ethereum, AI, and blockchain ecosystems, showcasing strategic growth and innovative projects in the decentralized finance sector.
Ethereum co-founder Vitalik Buterin has unveiled the highly anticipated sixth installment of his series, titled “The Future Development of the Ethereum Protocol Part 6: The Splurge.” In a detailed blog post, he articulates his visionary goals for the upcoming Splurge phase, focusing on enhancing the performance and user experience of the Ethereum blockchain.
Ethereum's good days may be here already, but you might have to wait.
In the U.S., the season of corporate earnings reports for the third quarter continues, which means we can receive some information about the crypto market from companies like Coinbase, the leading crypto exchange out there. The information is interesting, especially when it comes to Bitcoin and Ethereum, two of the biggest assets on the crypto market.
The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.
The DeFi Report founder, Michael Nadeau, said most of the value left Ethereum flowed to layer 2s, which would continue to drive value to the layer-1 blockchain.
On Wednesday, Ethereum (ETH) surged above the $2,700 mark for the first time in over a week, sparking a bullish sentiment among several crypto analysts. Some suggested that the second-largest cryptocurrency will soon break from the next resistance level and reclaim the $3,000 mark.
"With the momentum gained, it is looking ready to head past the $2,800 resistance zone," one popular analyst stated.
Reddit's crypto divestment signals a strategic pivot amid economic uncertainties, potentially influencing other firms' crypto investment strategies. The post Reddit exits Bitcoin and Ethereum investments despite BTC nearing peak appeared first on Crypto Briefing.
Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance.
Ethereum and Solana showcase distinct strengths across social, development, and investment metrics.
As Ethereum struggled to meet its anticipated price targets, analysts predicts something big is yet to come for the altcoin.
The slow demand behind Ethereum in recent months could see the breakout fall short of its target.
Recent developments in the Ethereum market indicate a notable increase in whale transactions as its price fell to $2,380 on October 25, 2024. This surge in whale activity reached a six-week high, reflecting growing interest from large investors and potential for price rebounds.
Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.
In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.
Analysts are projecting a rally in the altcoin market soon.
The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.
Ethereum (ETH) has seen its price soar over 5% in just one day, reaching approximately $2,618 as of October 29. This surge comes alongside Bitcoin's impressive rise, which has surpassed $71,000 for the first time since June.
The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up.
Ethereum (ETH) price has climbed more than 7% in the last seven days. Despite the gains, whale activity remains cautious, reflecting some hesitation among large holders.
The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is displaying bullish signals that suggest a potential upside rally. Recent trends indicate a substantial amount of ETH has been withdrawn from exchanges, coupled with favorable on-chain metrics that could set the stage for significant price movements.
Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.