Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Solana (SOL) has seen its price increase by 3%, surpassing the $153 mark and attracting significant market attention. This upward movement comes alongside a research report from VanEck, which suggests that SOL could rally up to $330, discussions about its growing potential in the competitive crypto landscape.
Solana (SOL), like almost every crypto in the top 100, has witnessed a price increase since last week. While the altcoin has displayed impressive momentum lately, indicators reveal a decline could be imminent before further realized gains.
Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,934 +1.1% Ethereum (CRYPTO: ETH) $2,705 +1.9% Solana (CRYPTO: SOL) $158.59 +1.3% Dogecoin (CRYPTO: DOGE) $0.1246 +5.3% Shiba Inu (CRYPTO: SHIB) $0.00002052 +10.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.
The entities behind Solana DeFi platform Mango Markets have settled securities charges with the SEC following a lengthy investigation.
The cryptocurrency market, in large-scale transactions by whales can significantly impact asset prices. Recent activities involving a prominent Solana (SOL) whale have raised alarms among investors, suggesting a potential price crash could be on the horizon.
Moo Deng (MOODENG), a Solana-based meme coin, has surged by more nearly 100% over the past 24 hours. The token is, of course, inspired by female pygmy hippo Moo Deng, which recently became an internet sensation.
Solana's price rises due to increased memecoin activity and whale investments.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.
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Amid the ongoing significant price surge across the crypto landscape, whales and institutions have now shifted their focus on Neiro Ethereum (NEIRO) and are on a buying spree. On September 27, 2024, the on-chain analytic firm Spotonchain made a post on X (previously Twitter) that NEIRO seems to be in an accumulation phase.
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day's trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares' ARKB leading the charge.
XRP has had difficulty gaining any real momentum as it gets closer to the point where its chart displays a symmetrical triangle pattern. This consolidation usually portends a possible breakout, but XRP has not shown any increase in volatility and has instead remained largely stable.
Ethereum price showed a modest increase following its previous gains over the last few days. The altcoin's daily trading volume surged by 20.38% as per CMC data.
Missed out on the recent 2024 top crypto events, Token 2049 and Solana Breakpoint? Here are the highlights that are shaping the future of crypto
Ethereum transaction fees have surged in the past week due to an uptick in on-chain activity across the blockchain, according to Coinbase.
Solana's rapid growth and technological advancements position it as a competitor to Ethereum. Could it eventually surpass Ethereum in market cap?
TL;DR Approximately $7.7 billion worth of Bitcoin and Ethereum options expire today, which could create volatility in the market. The maximum pain point for Bitcoin is at $59,000 and for Ethereum at $2,500. Market volatility is expected to continue following a recent rally driven by Federal Reserve interest rate changes.
TL;DR Vitalik Buterin warns that Ethereum's blob count is nearing its limit, with 75% of capacity used. He proposes increasing the number of blobs per block to improve scalability and support layer 2 solutions.
The Solana price has given a major breakout above its downward trendline thereby opening the gates for a rally to $205, and further beyond to new all-time highs.
Ethereum price has significantly underperformed in the recent past compared to Bitcoin as whale investors prefer the latter.
Ethereum's mixed market signals highlight the ongoing tension between rising network activity and investor skepticism, reflecting broader crypto-finance dynamics. The post Ethereum shows mixed signals as price surges amid ETF outflows appeared first on Crypto Briefing.
Fund flow into Bitcoin (BTC) linked exchange-traded funds (ETFs) suggests US investors are bullish on the crypto. On Thursday alone, they poured $365 million into spot Bitcoin ETFs, pushing this week's total over $600 million.
The security exploit, which has been “handled,” saw Bedrock lose $2 million after an attacker was able to swap ETH for BTC like-for-like.
The price of Ethereum (ETH) has not really kicked off despite the bullish sentiment in the market. However, various signals are pointing toward a potential rally for the leading altcoin on the market.
The Solana price is finally getting traction in the market, where it has just created a month-high at $158.74 after surging 4.8% today. The altcoin slowly gained momentum over the last few days before finally jumping out of the week-long consolidation.
The cumulative liq levels delta was positive and could see a minor price dip like it did on Thursday.
Covalent is excited to announce the launch of its Ethereum Wayback Machine (EWM) Light Client Testnet, a key initiative designed to protect Ethereum's decentralized and trustless nature as it continues to scale. The light client allows participants to help secure Ethereum's historical data, ensuring long-term availability without relying on centralized entities.
The Cardano price has risen by 2.5% in the past 24 hours, moving to $0.4055 as the crypto market as a whole gains by 2% today.
Solana-based meme coins led the charge as the crypto fear and greed index approached the greed zone of 60. LandWolf (WOLF) and Moo Deng (MOODENG) were the best-performing tokens as they rose by over 112% and 56% on Sep. 27.
Ethereum is in turmoil as it reels from a 40-month low against Bitcoin. With these factors at play, smart investors are looking for the next best things. One of them is Rexas Finance, alongside Solana, and Dogecoin which are some of the most rewarding places to invest in the crypto space.
The cryptocurrency market is abuzz with activity as three notable coins—Shiba Inu (SHIB), XRP, and Solana (SOL)—navigate distinct paths that could shape their futures. After a prolonged period of uncertainty, Shiba Inu is finally showing signs of a bullish trend.
The crypto market has surged this week, with signals of a potential rally in the coming days. The market's bellwether, Bitcoin is near two-month highs and the rest of the crypto assets have tagged along.
The crypto market has rallied this week, with big gains by SHIB and Solana Prices. XRP is a black sheep, but it fits in the top crypto too.
Ethereum (ETH) price today is up 1.71% and trades at $2,673. In the past ten days, ETH has surged 10%, ending its lackluster performance since August.
Ethereum has surged above $2,600, with one trader making an impressive $554,000 profit from smart trades.
TL;DR Network Activity Surge: Ethereum's network activity has surged, with $250 billion in transactions settled last week, driven by DeFi and DEX adoption. Rising Fees: Transaction fees have climbed, with weekly revenue exceeding $30 million, indicating robust usage but raising cost concerns.
Competition among Layer 2 networks on Ethereum is heating up. Base, a Layer 2 solution developed by Coinbase, is currently experiencing explosive growth that could lead it to surpass Arbitrum, the current leader in this space.
Missed out on Token 2049 and Solana Breakpoint? Here are the top 10 announcements that are shaping the future of crypto
A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.
Solana (SOL) faces a potential 9-11% correction in October due to bearish divergence and a rising wedge pattern. However, VanEck predicts a long-term price target of $330, supported by Solana's superior throughput and favorable macroeconomic conditions.
BNY Mellon, one of the oldest banks in the US, received a non-objection from the Securities and Exchange Commission (SEC) for expanding its crypto custody services beyond its initial Bitcoin and Ethereum exchange-traded fund (ETF) plan.
USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.
Ethereum co-founder Vitalik Buterin has recently warned the crypto community of an imminent risk of network saturation. According to him, the number of "blobs" is dangerously close to its maximum limit.
BTC's move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.
Following the market's recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level.