Ethereum price extended its increase above the $2,650 resistance. ETH is now correcting gains and might find bids near the $2,600 support.
Leading cryptocurrencies reversed course on Monday, giving up gains achieved the previous day.
Ethereum (ETH) is currently at a pivotal moment in its relationship with Bitcoin (BTC). Noted crypto analyst Benjamin Cowen has indicated that the ETH/BTC trading pair may be nearing what he calls the “final stages of capitulation.
21.co integrates Chainlink Proof of Reserve for 21BTC increasing transparency on Solana and Ethereum blockchains.
A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto community.
The Ethereum network's roadmap priorities have come under scrutiny.
Judges appeared displeased at the SEC's approach to crypto, with one alleging intent to "crush the industry" in a hearing over Coinbase.
The Ethereum Foundation sold 200 ETH for 527,989 DAI, according to Etherscan. In September, a total of 1,150 ETH, valued at $2.8 million, were sold due to this big selloff.
The foundation has executed another sale, further fueling what is quickly becoming an ETH selling spree.
Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.
On the sidelines of the TOKEN2049 conference in Singapore, Charles Hoskinson, co-founder of Ethereum and Cardano, shared his thoughts in an interview with CNBC about the differing crypto stances of Donald Trump and Kamala Harris.
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?
Ethereum (CRYPTO: ETH) has been outperforming Bitcoin (CRYPTO: BTC) following the U.S. Federal Reserve's decision to cut its Federal Funds rate by 50 basis points last Wednesday. What Happened: Since the central bank's first rate cut in four years, Ethereum's price has surged over 16%, significantly outpacing Bitcoin's 6% increase during the same period, The Block reported.
The trader moved 70,000 ETH to Kraken in March 2024, securing $214 million, while still holding 26,639 ETH.
21.co, the parent company of crypto exchange-traded products issuer 21Shares, has integrated the Chainlink Proof-of-Reserve to enhance the transparency of its wrapped Bitcoin. According to a press release on Sept.
A closely followed crypto trader is predicting that one Solana (SOL) competitor is gearing up for an explosive set of rallies. Pseudonymous trader Criptopaul tells his 112,800 followers on the social media platform X that layer-1 chain Sui (SUI) has strong market fundamentals and massive upside potential.
Since their launch on July 23, spot Ethereum ETFs have accumulated $13 billion in cumulative spot volume across nine funds.
Ethereum active addresses have hit 5 million over the past week as active buyers increase.
Ethereum (ETH) experienced a notable surge on Friday, fueled by Bitcoin's recent performance, which saw the leading crypto asset reclaim the $63,000 mark.
TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.
The Ethereum Foundation has triggered renewed anxiety among investors by offloading 200 ETH on September 23.
The divergence between Bitcoin and Ethereum may soon be coming to an end.
The head of digital asset research at $101.9 billion U.S. hedge fund VanEck, Matthew Siegel, has discovered and revealed what could be key information for those bullish on Ethereum (ETH).
The new week has started with the bears' pressure on, according to CoinMarketCap.
The next week or two is expected to be bullish for Ethereum and a move toward $2.8k-$2.9k is likely.
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
Ethereum (ETH) has recently made headlines as it reclaimed the $2,500 mark following a significant shift in market sentiment. However, the ETH/BTC trading pair has been struggling, hitting record lows against Bitcoin (BTC).
The Rollblock ($RBLK) presale is outperforming expectations, raising over $3.7 million as gamers enjoy a share in the success of the platform. With legacy coins such as Ethereum and Ripple's $XRP underperforming, investors are turning heads towards smaller tokens with strong use cases and large potential.
Ethereum (ETH), the world's second-biggest cryptocurrency by market cap appears to be super bullish and could hit the $3,000 level soon. Despite the majority of top cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and many others struggling to gain momentum, ETH has gained more than 4% of its value.
A crucial metric reveals that Solana (SOL) is asserting itself in the world of altcoins. Within the past 12 months, SOL has registered an astronomical growth rate as it takes on Ethereum (ETH), the second-largest cryptocurrency.
TL;DR Investment products in the crypto market have seen inflows of $321 million in the last week, driven by a 50 basis point interest rate cut. Bitcoin has captured the majority of the flows with $284 million, while short products have received $5.1 million. The U.S.
Ethereum surges around 6% in the last 24 hours, soon to lose 2%. Currently ETH is trading at $2,639 and still fighting to take an upper route, which looks very difficult to achieve looking at the market conditions.
According to the recent CoinShares report, last week, institutional investors increased their bet on XRP, while withdrawing funds from ADA and the second largest cryptocurrency, Ethereum. The report was shared on the X platform by Chinese cryptocurrency blogger and journalist Colin Wu on his personal page.
The performance of digital assets shocked market watchers as different products witnessed a significant second week of positive inflows. The crypto space recorded a massive $321 million to stay green at the close of trading.
Ethereum (ETH) has seen an increase in burn rate this month, indicating that usage and activity on the network have increased significantly.
In cryptocurrency trading, converting one digital asset to another, commonly known as a crypto swap, has gained significant popularity among investors and traders. This article aims to guide individuals through converting Saitama and TON tokens to Ethereum (ETH) using a crypto swap platform.
Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday.
Over the last three days, the Ethereum Foundation has shaken up the market by selling off 500 ETH. The organization has reportedly offloaded $10 million worth of Ethereum this year in separate events.
Following the ongoing global economic shift catalyzed by the recent Fed rate cut last week, more institutional investors are eyeing the Bitcoin (BTC) and altcoin industries. Furthermore, the impressive performance of Gold (XAU) is expected to boost the crypto bullish outlook in the fourth quarter.
Crypto bettors are speculating about another rate cut, with Polymarket showing a near-even split: 43% expecting a 50 bps cut and another 48% anticipating a 25 bps reduction.
Over the past few days, Ethereum (ETH) whales have been relentlessly selling their coins, dampening the market's momentum. Whale inflow into cryptocurrency exchanges has surged, indicating a strong desire for profit as the coin's price has skyrocketed by double digits over the past seven days.
As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion.
Ethereum has recently seen a surge in demand near the crucial $2.1K support zone, resulting in a significant bullish retracement. The price has now reclaimed the middle threshold of the multi-month descending channel, suggesting the potential for further gains toward the upper boundary near $3K.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
The crypto market just pulled in $321 million in investment inflows, marking its second straight week of positive fund movement, all thanks to the change in U.S. monetary policy. After the Federal Open Market Committee (FOMC) went last week, investors rushed in.
Ethereum's lag in inflows highlights potential investor skepticism and could signal shifting market preferences within the crypto sector. The post Crypto products see $321 million in inflows, Ethereum funds lag appeared first on Crypto Briefing.
Ongoing sell-offs may threaten retail investor confidence and market stability.