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news-imageOctober 30, 2024

Is Ethereum Price Struggling to Breakout the $2.6K Consolidation?

Ethereum price has factored in a modest price increase in the last 24 hours. The altcoin's daily trading volume has decreased by 5.61% as per CMC data.
Publisher: TheNewsCrypto
Sentiment: Neutral
ETH

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cover-imageCrypto Daily
October 30, 2024

Crypto Price Analysis 10-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INTERNET COMPUTER: ICP, CELESTIA: TIA

Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.

Negative
cover-imageThe Currency Analytics
October 30, 2024

Ethereum Whales Buy the Dip, But Could ETH Slide Further to $2.3K

Ethereum (ETH) has had a challenging week, recording a significant drop of over 6%—the biggest decline among the top five altcoins. While some large investors, known as whales, are seizing this dip as a buying opportunity, the price action and market dynamics indicate that ETH could still slip further, potentially to $2.3K.

Positive
cover-imageCointribune
October 30, 2024

Ethereum ETF: the record figure that puts Fidelity ahead of BlackRock and all the others

The asset management giant Fidelity takes the lead over its rival BlackRock in the race for Ethereum ETFs, with capital inflows reaching 5 million dollars. This remarkable performance comes after a two-day period with no notable activity, demonstrating a significant resurgence of interest from institutional investors in the second-largest cryptocurrency.

Positive
cover-imageBenzinga
October 29, 2024

Bitcoin Flirts With All-Time High, Ethereum, Dogecoin Surge: 'Stay Tuned,' Says Trader Who Sees 'Only One Untagged High Left'

Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.

Positive
cover-imageInvezz
October 29, 2024

Toncoin poised to surpass Ethereum as TON gains 500K holders daily

Telegram-based Toncoin (TON) has seen significant growth since its inception, and the current trends show that it could dethrone Ethereum in holders count. CryptoQuant analysis shows that Toncoin has attracted massive investors, with TON holders increasing from 7.12 million to 108 million between 15 March 2024 and 17 October.

Positive
cover-imageCointribune
October 29, 2024

Whales Are Betting Big On Ethereum, Is A Rise In Sight?

In response to promising signals in the crypto market, major investors ("whales") are massively accumulating Ethereum. This trend, coupled with a significant increase in new wallets, suggests bullish potential for the second-largest cryptocurrency by market capitalization.

Positive
cover-imageBenzinga
October 29, 2024

Grayscale's Bitcoin, Ethereum Funds See $750M Inflows In 3 Months

Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024. What Happened: The Grayscale Bitcoin Mini Trust (NYSE:BTC) and Grayscale Ethereum Mini Trust (NYSE:ETH) are promoted as the world's lowest-fee ETPs in their categories, with annual expense ratios set at 0.15%.

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