Tron (TRX), the cryptocurrency that often plays a quieter role behind heavyweights like Bitcoin and Ethereum, is making waves. On October 10, 2024, TRX showed significant signs of decoupling from its larger counterparts, sparking speculation about its potential to hit a new all-time high (ATH).
Ethereum is making waves with its latest proposal, EIP-7781, aimed at turbocharging the system. This update dramatically cuts block times, ramping up transaction throughput by a whopping 50%. While Ethereum aims to accelerate, Bitget Wallet is breaking new ground with Grass AI, enabling users to pocket earnings by lending their unused bandwidth.
Despite Bitcoin's (BTC) impressive price recovery, asset management giant BlackRock made a significant move that caught the attention of crypto enthusiasts. Recently, the blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that BlackRock sold 182 BTC worth $11.34 million.
Ethereum has largely exhibited a sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has yet to give rise to a clear path as to how the crypto performs moving forward, denting the sentiment of many bulls.
The cryptocurrency market is witnessing contrasting trends between Bitcoin and Ethereum ETFs, highlighting a divergence in investor sentiment. Recent data reveals that Bitcoin ETFs have seen substantial inflows totaling $204.7 million, while Ethereum ETFs experienced outflows amounting to $9.69 million.
Ethereum, the second-largest cryptocurrency by market capitalization, has been long-anticipated by crypto investors to surpass the $5000 psychological level. However, despite the launch of spot ETFs (Exchange-Traded Funds), which drove Bitcoin to new highs, Ethereum's price has struggled to sustain a directional rally.
TRON is turning into a deflationary network, after token burns accelerated in the past year. The chain surpassed Ethereum (ETH) in a bid to turn into a form of deflationary money.
Is Ethereum in danger of being all things to all people and being master of none? It needs to focus on its original ambition to be a World Computer, says Ganesh Swami, co-founder of Covalent.
Ethereum has shown some strength against bitcoin recently, with its ratio rising from below 0.0385 BTC to 0.0397 at some point, currently trading at 0.0393.
TL;DR Ethereum is facing critical pressure at the $2,300 support level. If this level is broken, it could trigger a massive sell-off among investors. A total of 2.4 million addresses acquired 52.6 million ETH in this zone. Ethereum is at a turning point after failing to break above the$ 2,500 resistance.
TL;DR $1.61 billion worth of Bitcoin and Ethereum options are set to expire today, potentially causing market volatility. Maximum pain points are set at $62,000 for Bitcoin and $2,450 for Ethereum, indicating possible price movements. Analysts expect increased trading activity and new opportunities amid market uncertainty.
Ethereum's cofounder, Vitalik Buterin, recently sparked a conversation about a crucial update to Ethereum's infrastructure — EIP-7708. This proposal could solve a long-standing issue with tracking ETH transfers across various transaction types, something that has plagued the network for years.
Uniswap (UNI), once the largest EVM ecosystem decentralized exchange, announced the upcoming release of its own network, Unichain. This step will heavily affect the tokenomic processes for ETH and put its value in danger since Uniswap will use a different fee mechanism once it migrates to the native protocol.
A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that's already set to deal with a $1.3 billion earthquake.
Ethereum is at a pivotal moment after failing to break above the $2,500 mark on Monday. With the entire crypto market anticipating a potential rally, Ethereum investors carefully watch for any signs of strength within the network.
Neiro on Ethereum (NEIRO) rallied above $0.09 after signs of whale activity and new involvement from the Wintermute market maker.
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session.
ETH price could rise 40% from its bullish fractal pattern despite Ether's sideways consolidation over the past week.
The CPI print usually creates volatility within the markets; however, this time it wasn't the same. The market participants were optimistic as a drop in the rates was speculated, which could have raised the BTC price and the other altcoins, including Solana, above the consolidated range.
A top cryptocurrency analyst and trader is saying he'll turn bullish on Ethereum (ETH) if it breaks through one key resistance level.
Trump's lead over Harris influences investor behavior in crypto markets.
Amid the ongoing crypto consolidation, Ethereum price has established a support level around $2,300 but low demand from institutional investors could weigh down on bullish sentiment.
This week, Bitcoin is seeing a critical options expiry, where traders face an intense showdown between calls and put. However, the crypto market faces a significant event as $1.61 billion worth of Bitcoin and Ethereum options contracts are set to expire Meanwhile, Data from Deribit reveals that 18,271 Bitcoin options contracts are expiring today.
Pop icon Justin Bieber has amassed a sizable cryptocurrency portfolio since his foray into the non-fungible token (NFT) arena in 2021. What happened: A wallet linked to Bieber received over $2 million in Ethereum (CRYPTO: ETH) from an NFT project named InBetweeners, which he used to bag blue-chip collectibles like Bored Apes and Mutant Apes.
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism's Superchain, designed specifically with decentralized finance in mind.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
Approximately 7,000 ETH ($16.7 million) from the PlusToken Ponzi scheme has been moved, raising concerns about a potential sell-off of $1.3 billion in seized ETH that could significantly impact the Ethereum market.
In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency's cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy.
On 9 October 2024, Stripe announced a new feature, Pay with Crypto, which allows U.S.-based businesses to accept stablecoin payments that automatically settle as fiat in their Stripe balance.
This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.
Spot Bitcoin exchange-traded funds in the U.S. witnessed their third consecutive day of outflows on Oct. 10, while spot Ethereum ETFs posted a modest but positive turnaround after a day of inactivity.
Despite the BTC price witnessing a momentary drop to under $59k last night, Ethereum recorded a 0.66% rise, leading to an intraday doji candle. The ETH price is currently trading at $2381, with a minor intraday pullback of 0.14%.
Crypto markets will witness $1.61 billion in Bitcoin and Ethereum options contracts expire today. The massive expiration could cause a short-term price impact, particularly after Bitcoin briefly broke below $60,000.
Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.
A significant portion of the massive cryptocurrency haul seized from the PlusToken Ponzi scheme is reportedly being sold off, with OXT Research analyst ErgoBTC revealing that 7,000 Ether worth $16.7 million was recently moved to exchanges, potentially signaling the liquidation of the entire $1.3 billion in ETH seized from the scheme.
Online reports revealed that the Chinese Government has started to move thousands of Ether (ETH) seized from a $4 billion crypto Ponzi scheme. As a result, Ethereum investors have recently shared their concerns about the possibility of a massive sell-off.
Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance.
‘Uptober' remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.
These deposits have triggered a surge in Ethereum exchange reserves to a three-week high.
Ethereum investors, on-chain data reveals that large holders, commonly referred to as “whales,” have been persistently selling their ETH over the past six months. This ongoing distribution raises significant concerns about the future price trajectory of the cryptocurrency.
Significant activity has been displayed by Shiba Inu, as evidenced by a spike in large transaction volume of 4.1 trillion SHIB over the last day, almost reaching its seven-day high. Large transaction volumes often signal increased interest from larger holders, or whales, which may have a significant impact on how prices behave in the future.
Ethereum has been experiencing sluggishness in its price performance recently, as the cryptocurrency continues to closely follow Bitcoin's movements. Currently trading at $2,392, Ethereum is down 1.5% in the past 24 hours, adding to its gradual decline in recent days.
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a challenging period marked by a significant price drop and stagnant network activity. Recent reports indicate that between October 1 and October 8, Ether's price fell by 7.3%, effectively erasing the gains accumulated in the prior weeks.
Ethereum foundation offloads- Ethereum Foundation offloaded another 100 ETH for the first time this Month In Sep month Ethereum Foundation sold over 1300 ETH at an average price of $2581 ($3.35 M) as the ETH price recovered. Whale selling - An ancient ETH ICO whale holding 150000 ETH from the Ethereum Genesis event transferred 5000 ETH to a Kraken wallet on Monday.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continued to navigate choppy waters on Tuesday as it consolidated around the $2,400 mark.
The crypto market is experiencing a turbulent week, influenced by mixed US macroeconomic data.
An Ethereum token created by the FBI to foil market manipulators netted investigators around $14,500 in profit, on-chain data shows.