whale movements are closely watched by traders and investors alike. Recently, an Ethereum whale made headlines by offloading a staggering $24.7 million worth of ETH over a short span of three days.
If the current market recovery evolves into a sustained bull market, analysts predict a significant increase in Ethereum's on-chain activity.
Charles Hoskinson, co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), has voiced concerns over the new digital assets platform backed by former President Donald Trump and his sons. What Happened: In an interview with the Financial Times on Friday, Hoskinson expressed reservations about the Trump-supported venture, World Liberty Financial.
On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator. Toncoin Has Seen A Sharp Surge In Active Addresses Recently According to data from the market intelligence platform IntoTheBlock, Toncoin has recently increased active addresses.
Recently, there has been a significant influx of Ethereum deposits on centralized crypto exchanges, which has caught the attention of analysts and investors. On September 19, according to data from IntoTheBlock, over 150,000 ETH were transferred to exchanges, marking a new record since January 2024.
According to IntoTheBlock, over 150,000 ETH were deposited to exchanges in the past day, marking the highest single-day inflow since January, raising concerns about a potential Ethereum sell-off.
According to the analytics account on the X social media platform @spotonchain, the Ethereum Foundation continues to sell substantial lumps of Ethereum.
The major developers of the Ethereum blockchain have chosen to split the next Pectra update into two phases.
SG Forge, a subsidiary of Societe Generale, is launching its euro-backed stablecoin, EURCV, on Solana, following its initial release on Ethereum last year.
Even the spot Ethereum ETFs saw some minor net inflows yesterday.
Many crypto experts have predicted that Q4 of the year will be a bullish phase for the entire cryptocurrency market. Renowned cryptocurrency analyst Michael van de Poppe is one of the latest figures to publicly share a bullish outlook.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.
It's powered by Dinero and promises to give users the best rewards in DeFi. If you're wondering what all this means, let's break it down.
As the crypto market bounces back, Bitcoin marks a 24-hour high above the $64,000 mark. The BTC price has increased by 7.90% this week, followed by a 7.7% recovery the previous week. Supporting the bullish trend, the Bitcoin ETF market bounced back yesterday with $158.3 million in total inflows.
The top two cryptocurrencies, Bitcoin and Ethereum, have experienced impressive gains of 3.0% and 5.8%, respectively, in the last 24 hours. Evidently, both these cryptos have benefited hugely from the recent interest rate cut of the US Federal Reserve. At this juncture, the massive options expiry scheduled for today is extremely crucial.
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.
Eclipse aims to bring “Web2 scale to Web3” by combining the best of Ethereum security, Solana's speed, and Celestia's data storage capabilities.
Ethereum developers have decided to split the Pectra hard fork into two packages to reduce risks and ensure a smoother upgrade.
The latest cryptocurrency exchange hit by hacking was confirmed to be BingX based in Singapore where it initially lost $26 million due to hacking. More than 360 altcoins which include some of the biggest coins such as 4. 44 million USDT, 1. 04 million WUSD, and 9.
A major Ethereum whale has made waves in the crypto world by selling off 24.7 million ETH, according to Spotonchain.
Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains.
Leading cryptocurrencies edged higher Thursday as risk-taking investors continued to cheer the Federal Reserve's bold half-point interest rate cut. Cryptocurrency Gains +/- Price (Recorded at 9:45 p.m.
A wallet linked to Ethereum founder Vitalik Buterin transferred 1,300 ETH valued at $3.17 million, adding fuel to market speculation about Ethereums future trajectory. As ETHs price climbs nearly 6%, investors are buzzing about a possible rally toward $5,000.
Much to the surprise of many, a Texas federal judge has dismissed a lawsuit filed by Consensys against the U.S. SEC. The software development firm filed a lawsuit against the SEC and its five commissioners including Gary Gensler. This suit accused them of attempting to regulate Ether as a security.
The crypto market is bracing for heightened volatility as nearly $1.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today.
After weeks of consideration, developers take a significant step to make the Pectra upgrade more workable.
A triple bottom pattern is a classic technical formation that often indicates a potential reversal in price trends. In Ethereum's case, the recent setup suggests that the digital asset could be preparing for a breakout.
Ethereum sees a $1.26 billion inflow, signaling big market moves.
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings.
The crypto market is on the rise as Donald Trump is expected to announce the debut of World Liberty Financial, a new crypto exchange run by his family members. In this environment, DTX Exchange (DTX) is making big headlines as it recently announced that 50% of its token supply is now open to the public.
A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.
The Token2049 conference in Singapore has once again proven to be a key event for the crypto industry, showcasing major advancements and collaborations.
A U.S. district judge has dismissed a case brought against the SEC by blockchain and web3 development company Consensys Software Inc.
Cryptocurrency markets are trading 5.9% higher to $2.19 trillion as crypto short liquidations spiked to the highest level since Aug. 23. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,485.74 +5.3% Ethereum (CRYPTO: ETH) $2,467.60 +6.6% Solana (CRYPTO: SOL) $143.74 +10.8% Dogecoin (CRYPTO: DOGE) $0.1062 +5% Shiba Inu (CRYPTO: SHIB) $0.0000142 +6.3% Notable Statistics: IntoTheBlock data shows a 1% drop in large transaction volume and a 5.7% decline in daily active addresses.
It appears that Ethereum (ETH) is ready to take off, as investors' and traders' interest has skyrocketed in the past few days. On September 19, 2024, the on-chain analytic firm Lookonchain posted on X (Previously Twitter) that Ethereum Whale made a big bet by purchasing 2,117.7 ETH worth $5.17 million as the price surged.
Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare.
Bitwise Investments' Chief Investment Officer, Matt Hougan, has shared his thoughts on Ethereum's current state, highlighting that it's not popular in the market right now. According to Hougan's memo, the Ethereum-to-Bitcoin price ratio has fallen to its lowest in three years, with Ethereum flatlining on a year-to-date basis while Bitcoin has surged by 38%.
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Banana Gun, a Telegram-based trading bot, was compromised on September 19, leading to major losses for its users.
After a brutal 45% plunge triggered by Binance's actions, Neiro Ethereum (NEIRO) is making a remarkable comeback. The meme coin has surged by an impressive 51% in the past 24 hours, outpacing the broader meme market.
Ethereum developers agreed to take a multi-phase approach in implementing the highly anticipated ‘Pectra' upgrade during the latest Consensus Layer Meeting on Sept. 19. The decision comes after growing concerns about the complexity of delivering the upgrade in one release, which increased the risk of technical issues and bugs.
Matt Hougan, the Chief Investment Officer of Bitwise, expressed concern over the market's tendency to overlook Ethereum (ETH) amidst its current underperformance. Despite the digital asset's decline to multi-year lows, Hougan remains optimistic about a future rebound, particularly following the upcoming U.S. elections and potential regulatory clarity in the decentralized finance (DeFi) space.
The Banana Gun trading bot suffered a major security breach, resulting in $1.9 million in stolen funds and a steep decline in its token price.
Bulls are back in the game, according to CoinStats.