Boyaa now holds more than 3k BTC after converting Ethereum into Bitcoin
Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.
Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.
Boyaa's stash of 3,183 Bitcoin is worth $310 million as of this writing, making the firm Asia's largest BTC treasury reserve holder.
Ethereum (ETH) continues to surge past key resistance levels, analysts are setting ambitious price targets for the cryptocurrency. Recently, Ethereum broke through significant hurdles at $3,350 and $3,400, before climbing to a multi-month peak of $3,688.
An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.
Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it's Donald Trump's presidency that could light the fuse. Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin's 38% rise in the same period.
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Grayscale Investments' head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January. Trump has already promised regulatory clarity and more accommodative policies for digital assets.
Ethereum surged 33% this month, fueling debates about its $4,000 potential as analysts weigh in on its path forward.
A crypto enthusiast known as p0pular.eth has successfully convinced an AI agent named Freysa to transfer its entire prize pool of 13.19 ETH, approximately $47,000 USD, into their possession.
As Bitcoin (BTC) edges closer to the much-anticipated $100,000 milestone, the cryptocurrency market is back in the global spotlight. A sharp 45% rally since the U.S. presidential election has brought Bitcoin within $1,000 of the six-figure mark on November 22, sparking renewed enthusiasm among investors.
Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.
Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Ethereum (ETH) is once again in the news, but this time it's good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels.
Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.
Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.
Ethereum [ETH] has recently seen an impressive surge in institutional interest, with CME Futures Open Interest (OI) reaching a record high of 662,600 ETH, or approximately $2.5 billion. This marks a significant jump from the 350,950 ETH recorded earlier in November, just before the U.S. Presidential elections.
Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.
Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.
Ethereum Foundation invests millions in zkVMs for scalability and security. Projects include zkRISC-V, Poseidon cryptanalysis, and L2beat zkVMs.
A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.
Ethereum futures market dynamics suggest that ETH is not overheated and still has more room for growth, driven by demand from spot ETFs.
In a latest development, Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has made a significant move swapping Ethereum for buying Bitcoin, adding to the current wave of massive surge in institutional interest.
Ethereum Foundation revealed its plans to invest $10 million into zero-knowledge Virtual Machine protocols
Bitcoin ETFs received a remarkable $103 million in net inflows. This surge, amounting to 1,119 BTC, highlights the continued interest in Bitcoin as a long-term store of value.
TL;DR Over $10 billion in Bitcoin and Ethereum options are set to expire today, potentially causing short-term crypto market volatility. Put-to-call ratios indicate bullish sentiment among traders, with more preference for call options in both BTC and ETH.
The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.
Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new post on X, CryptoQuant community analyst Maartunn has discussed about the latest trend in the Ethereum Open Interest.
Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million.
The overall cash inflow to the Ethereum network and its layer two scaling solutions led by Coinbase-backed Base has significantly increased in the recent past.
Ethereum, the second largest cryptocurrency by market capitalization, is going through a remarkable period. According to data published by the analytics company IntoTheBlock, 90.8% of ETH holders are now in profit, a peak not reached in months.
The analyst from Bitget Research discusses the key factors that influence the performance of the crypto.
The latest rise from the interim lows of around $3,300 has invalidated the bearish trajectory that could have dragged the ETH price below $3200. The token seems to be gearing up for a potential run as the levels stay strong at $3500.
Ethereum co-founder Jeffrey Wilcke has transferred 20,000 ETH ($72M) to Kraken, his fourth major transfer of 2024, totaling over $147M in movements while retaining 106,006 ETH in his wallet.
Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.
Ethereum maintains strong market position above $3,500 with clear technical levels defining potential future price movements.
Ethereum (ETH) has been on an impressive upward trajectory, recently reclaiming the $3,600 mark and drives renewed optimism among investors. With a series of bullish technical signals and strong institutional support, the question now is whether Ethereum can break through the $3,668 resistance and push its price to the coveted $4,000 level.
Ethereum was testing its resistance at $3.6k, and a breakout could allow it to touch $3.9k soon.
Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year's end have gained momentum.
In the past 30 days, Ethereum's (ETH) price has surged by 33%, fueling speculation about the cryptocurrency's potential to hit new highs. While it seems unlikely as this month draws to a close, analysts' Ethereum December prediction could bring in more gains for holders.
Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze an Ether rally above $4,000 before Jan. 20.
Ether has outperformed Bitcoin in futures yields, signaling potential ETF inflows that may catalyze a rally above $4,000 before Jan. 20.
Ethereum ETFs outperformed Bitcoin ETFs in net inflows, with Ether ETFs attracting $224.9 million in inflows compared to Bitcoin's $35.2 million between Nov. 22 and 27.