Shiba Inu's Layer 2 scaling solution, Shibarium, is rapidly gaining traction, and it's now on the verge of hitting a significant transaction milestone. Over the past few weeks, Shibarium has seen remarkable growth, with daily transaction counts averaging 4 million.

In a recent interview, Anatoly Yakovenko, Solana's founder, spoke to the unique position this ecosystem holds in the blockchain landscape, using its implementation against L2 scaling solutions and other Layer 1 blockchain systems. Previously he raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution.

The world's second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum's Meteoric Rise to $3,000 Ethereum's momentum kicked in after bitcoin (BTC) surged to a fresh all-time high, reaching the $3,000 mark on Nov. 8.

According to data from Shibburn, on November 9, the burn rate of Shiba Inu showed a 1323.66% increase, resulting from the destruction of 34.91 million tokens. As a result of this significant rise in the burn rate, the total supply of the meme token has decreased to 589.26 trillion SHIB. 110.

Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.

Parfin's Ethereum Layer-2 chain, Rayls, was recently featured in JP Morgan's blockchain-focused business unit's Project EPIC, highlighting the network's secure and compliant identity solutions to address privacy needs in regulated financial markets.

Ethereum has seen a significant uptick in buying pressure near the $2.4K support level, driving an impulsive price surge and reclaiming several key resistance regions. This action is signaling a potential shift towards a bullish market sentiment, with higher price levels expected in the mid-term.

FET is at a pivotal juncture, where a shift in derivative market sentiment could catalyze a breakout.

Dog-themed cryptocurrency Shiba Inu (SHIB) has recently seen an increase in large transaction volumes, with a total of 6.47 trillion SHIB tokens or $123.18 million being transacted in the last 24 hours.

The SEC has delayed its decision on allowing options tied to spot Ethereum ETFs to be listed on the NYSE American exchange. The post Spot Ethereum ETF Options Decision Delayed by SEC Ahead of Nov. 11 Deadline appeared first on Cryptonews.

Following Donald Trump's victory in the US presidential election on November 5, Ethereum (ETH), alongside the general cryptocurrency market, has experienced notable price gains. In particular, the second-largest cryptocurrency has witnessed its value increase by 24.31% in the past four days as it approaches a crucial $3,000 resistance zone.

As of Friday's latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone.

Ethereum (ETH), the second-largest cryptocurrency by market value, has just surpassed $3,000. According to CoinMarketCap, Ethereum reached a high of $3,050.

Ethereum's resilience was underlined by its price action, sentiment surge, and treasury tokenization.

Shiba Inu (SHIB) might be gearing up for a notable leg-up thanks to the formation of a bullish pennant consolidation.

As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.

In massive transactions, a whopping 1.6 trillion Shiba Inu (SHIB) tokens have recently been transferred to the major U.S. crypto exchange Coinbase. According to blockchain data tracker Whale Alert, three major transactions were responsible for this massive move.

Spot Ethereum exchange-traded funds recorded their highest-ever weekly inflows as the flagship altcoin shot past the $3,000 mark for the first time since August. According to SoSovalue data, $154.

Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed.

Ethereum's Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.

The Ethereum Foundation (EF) has recently revealed the status of its vast crypto holdings, disclosing a total of $970.2 million in assets. Of this, a staggering $788.7 million – or 99.45% – is held in Ethereum's native cryptocurrency, Ether (ETH).

Dog-themed Shiba Inu (SHIB) has recorded a spike in burn rate as the meZXcoin battles to breach key price resistance levels. In the last 24 hours, the burn rate has skyrocketed by a staggering 1,323%.

Analyst Benjamin Cowen recently shared his thoughts on the potential future of ETH and BTC, suggesting that while he doesn't expect a drastic price drop, there's still a chance for more downturns before things turn around.

Commission-free trading app Robinhood Crypto EU on Saturday expands support for meme coin Shiba Inu coin on crypto transfers. The trading app also announced a 1% bonus for users who deposit their tokens from other crypto exchanges.

Ethereum, the second largest cryptocurrency by market capitalization, surpassed the $3,000 mark in today's trading session, capping three days of gains.

Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better.

The cryptocurrency market is set for increased volatility today as nearly $4.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts expire. This significant event follows closely behind major developments in the United States, including the outcome of the US elections and the Federal Open Market Committee (FOMC) meeting.

The United States Securities and Exchange Commission (SEC) has delayed several issuers' decisions to list Options on spot Ethereum ETF products. As spotlighted by ETF Store President Nate Geraci, the markets regulator pronounced the delay on Options targeted at Bitwise, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust and other trusts that want a related allowance.

An ETH initial coin offering whale has begun liquidating their ETH assets held for 8 years. According to on-chain data flagged by Onchain Lens.

Spot Ethereum ETFs in the U.S. just recorded their largest inflows in six weeks fueled by Donald Trump's election win and a recent Fed rate cut. On November 8, these nine spot ETFs received a net inflow of $85.9 million. This marks a renewed interest in Ether ETFs, reversing weeks of outflows.

Fetch.ai (FET), the AI-driven blockchain platform, is attracting significant attention as it gears up for a potential rally. The token has displayed strong bullish signals, suggesting it could rise by 25% to reach the $1.80 mark.

Will Ethereum finally break $3k or is Bitcoin too dominant?

This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000.

Ethereum may be underperforming this year, but it has several strong catalysts that position it for long-term gains.

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In a recent bold forecast, Standard Chartered said that Ethereum price is poised to hit $10,000 in the near term, sparking optimism amid the ongoing rally. Besides, the report also notes that besides ETH, Bitcoin is also gearing up for a strong run towards the north, potentially reaching the brief $200K mark.

The traders seem to have become pretty optimistic over the ETH price rally as the levels have barged above $3000. After a 3-month-long consolidation, Ethereum has raised within the bullish range, suggesting the price could be poised to achieve the crucial resistance, which may elevate the levels beyond the bearish influence.

Since the beginning of this week, bitcoin has seen its price surging from $67,849 to touching the new ATH of 77,230, thanks to the excitement around the U.S. presidential election! With pro-crypto candidate Trump taking the lead, Bitcoin and Ethereum spot ETFs have seen massive moves this week, bringing institutional interest back into the crypto.

The Shiba Inu price has closely followed Dogecoin, considering that the two are the largest meme coins by market cap. This has led to talks of what SHIB's price would be if it reached Dogecoin's market cap.

Ethereum (ETH) registered a remarkable performance following Donald Trump's victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors' bullish sentiment for the crypto and ETH-based investment products.

It's nowhere near its all-time mark, but after a few rough months, Ethereum is finally on the rise as Bitcoin keeps pushing to new peaks.

The Shiba Inu burn rate witnessed a staggering 1300% surge on Saturday, fueling market optimism surrounding the meme coin's future movements. As millions of SHIB were taken out of the token's total supply recently, investor speculations of a looming price rally prevail in the market.

Ethereum's price continues to surge past the $2900 mark, a prominent whale in the Ethereum network has made headlines with a significant offloading of its holdings. The whale, which holds a staggering 398,891 ETH tokens worth over $1.14 billion, recently sold 29,897 ETH for 84.87 million USDC.

Ethereum has successfully crossed over $3000 after struggling for months. As Bitcoin surged and created another all time high at $77,135, Eth followed. Many experts have been sharing speculations that it will touch $10k this season. Let's check the charts and see what is happening in the market.

BNB is the other notable gainer from the top 10 alts.

Inflows into the spot Ethereum ETF have been once again picking up pace, especially after the Donald Trump victory and the 25 bps Fed rate cut announcement this week. Over the last three consecutive days, the Ether ETFs have registered net inflows thereby bringing the total outflow to $324 million, dropping from the peak of

The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets.

Ethereum (ETH) has been riding a wave of positive momentum in recent days, with the altcoin seeing an 8% price surge and climbing to a high of $2,872 at the time of writing. While Ethereum hasn't reached its previous all-time high of $4,878, its recent rally highlights growing investor interest and market resilience.