The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.
Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation.
On-chain data shows the Ethereum whales have been participating in constant distribution for the last six months, a sign that's not ideal for ETH.
In a surprising turn of events, an unknown Ethereum user has paid a shockingly huge fee for a single transaction. According to blockchain data tracker Whale Alert, a fee of 288 ETH worth $704,067 has just been paid for a single transaction.
The cryptocurrency market has been hit by a significant wave of bearish momentum, leading to widespread liquidations across several leading digital assets. In the past 24 hours, the market saw total liquidations surpass $220 million, leaving many traders with substantial losses.
Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading volumes fell -11.09% to $69.42 billion. The Fear & Greed Index stays at 42, indicating neutral market sentiment as investors await new developments.
A compelling expose could have impacted bitcoin and the broader market's prices, but the crypto community is largely brushing off HBO's hyped documentary.
Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance.
The United States Supreme Court has denied hearing a case involving “stolen” BTC from the formerly prosperous Silk Road marketplace.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable surge in its supply, raising concerns about the long-term implications for the token's value. Over the past week, Ethereum's net supply increased by over 10,000 ETH, signaling a potential challenge to the supply control mechanisms introduced in the network's recent upgrades.
Ethereum is at a critical juncture after failing to break above the $2,500 mark yesterday, leaving investors uncertain about its next move. As the broader crypto market anticipates a rally, Ethereum traders closely monitor signs of strength within the network.
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards.
Ethereum shows potential for a rally to $6000, with strong $2300 support.
Ethereum price drops to $2,420, losing 4% in a week and falling below $300B market cap. Technical analysis shows bearish signals on 4-hour chart, with potential drop to $2,150.
Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked.
Ethereum (ETH) has been capturing the attention of traders and investors as it shows promising signs of recovery. After experiencing a notable decline, technical indicators suggest that ETH might be on the brink of a significant rally.
Ethereum Foundation has executed a new series of transactions, sending 2,500 ETH to the Bitstamp exchange, valued at approximately $6.06 million. This move occurred through two separate transactions, each involving 1,250 ETH.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.
Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.
Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.
Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).
A drop in Ethereum network activity and investors' concerns about the global economy continue to weigh on ETH price.
Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.
The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.
As the crypto market remains volatile, the meme coin segment has lost the $50 billion market cap. With a 30-day peak at $53.25 billion, the meme coins have dropped down to $48.47 billion, with $7.38 billion in volume.
According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.
Almost a third of all Ethereum is now staked, which signals that traders have strong long-term confidence in the network.
What's next for ETH price amid intense selling from ICO-era whale?
Ethereum (ETH) price has recently experienced a 13% decline, with prices dipping towards the end of September. Despite this drop, Ethereum is currently holding strong above its bear market support floor, suggesting that the cryptocurrency may be poised for a recovery.
A continuous challenge: Ethereum ETF vs Bitcoin ETF. In this article, we will compare the inflows and recent performances.
Scroll's airdrop screenshot, or the last eligible date to use the protocol to receive a share of SCR tokens, will occur on Oct. 19.
Concerns regarding Ethereum's decentralization have been raised since 2022 due to Lido Finance's increasing market share in Ethereum staking. Lido is a staking protocol that collects substantial amounts of Ethereum from users.
A top crypto analyst took to X recently to give a bearish forecast for Ripple (XRP), saying the community will not see a bull run. Also, whales have moved approximately $250 million worth of Ethereum (ETH) to centralized exchanges.
Data from Lookonchain, a renowned analytics account on X, the Ethereum Foundation made a massive transfer that shocked the community. The Ethereum Foundation is a primary organization that supports the development of Ethereum.
Perplexity is an artificial intelligence (AI) model gaining the spotlight by its real-time web scanning to access up-to-date data. The AI recently appeared in a list of notable and feared competitors by OpenAI, ChatGPT's developer, as Finbold reported.
According to the latest figures from sosovalue.xyz, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) welcomed an impressive $235.19 million in inflows. Meanwhile, spot ether funds had a completely neutral day, with neither gains nor losses recorded. U.S. Bitcoin ETFs Secure Inflows While Ether Funds Stay Flat On Monday, bitcoin ETFs saw inflows of $235.
The divergence in the performance between Bitcoin and Ethereum ETFs underscores the unique market conditions each faces.
Ethereum's next big move might be dependent on external factors.
TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.
Spot Ethereum ETFs in the US have struggled since their July 2024 launch, recording zero inflows on October 7 and experiencing $550 million in outflows since launch.
Crypto exchange Binance has revealed the next Binance Launchpool project earlier today. In an official announcement, the platform revealed that it will list Scroll (SCR) on Binance Launchpool and premarket.
With massive whale sales, Ethereum is approaching crucial support at $2,300. Will it bounce back to $6,000 or collapse to $1,600?
Ethereum has been on a steady upward trend, with growing inflows and strengthening price levels increasing investor confidence. Wallets everywhere are seeing a rush of ETH deposits, and among them, Plus Wallet stands out as a secure wallet packed with top-tier features and valuable rewards.
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.