Bitcoin's price flirts with $80,000 as the broader crypto market rallies following Trump's election victory.
Bitcoin has reached a new record level at $80,000, while Ethereum is struggling to achieve new record levels.
Ethereum (ETH), the second largest cryptocurrency by market capitalization, just broke above the $3,000 barrier, a milestone that has rekindled interest and optimism in the cryptocurrency community.
Ethereum broke past the $3,000 resistance level after a long period of consolidation. Here's what this means for Ethereum's price in the near term.
In recent years, Ethereum's scalability has been one of the most debated topics within the blockchain ecosystem. Its network has faced issues of high congestion and elevated transaction fees, especially when subjected to high demand.
Ethereum's rapid growth and real-world use are setting it up to challenge Bitcoin like never before.
Ethereum, which is trading at about $3,120, is causing an euphoria in the cryptocurrency market right now. The market has been reminded of Ethereum's ability to remain the second-largest cryptocurrency by market capitalization for almost eight years, and this upward trend has rekindled investor interest.
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on whether to approve options trading for Ethereum exchange-traded funds (ETFs). The SEC's latest filing, issued on November 8, 2024, indicates that it needs more time to consider the broader market effects before making a final decision.
The beginning of an alt season rally is suggested by recovery signals displayed by Ethereum, Dogecoin and XRP. Given that Bitcoin's market share recently reached 60% some analysts think this could mark a sea change for altcoins and possibly the beginning of a time when major altcoins outperform Bitcoin in terms of percentage gains.
Ethereum's market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction.
The crypto market is witnessing a weekend pump that indicates retail investors have shared interests and participation in the digital asset industry. BTC recently surged above the $79,000 level and marked a new all-time high of $79,788.
Ethereum (ETH) has reclaimed the $3,000 mark, breaking a three-month consolidation phase. The recovery comes as the crypto market gains bullish momentum, fueled by BTC's new all-time highs.
The recent U.S. presidential election outcome has had a ripple effect across various economic sectors, with the cryptocurrency market standing out as a notable beneficiary. Both Bitcoin (BTC) and Ethereum (ETH) ETFs have seen record inflows, signaling growing investor confidence in these leading cryptocurrencies.
Ethereum (ETH) has enjoyed an impressive surge in recent days, reaching its highest price in over three months, with the cryptocurrency trading above $2,900. As bullish sentiment continues to build, there is growing speculation about what factors are driving ETH's rally—and whether this momentum can continue.
Justin Sun, the founder of the Tron (TRX) blockchain, is urging investors to focus on accumulating Ethereum (ETH) rather than selling, amidst a broader market rally that has seen top cryptocurrencies, including Bitcoin and Ethereum, climb to new heights. As Ethereum pushes towards the $3,000 mark after recent gains, Sun believes that favorable macroeconomic shifts and changing regulatory policies are setting the stage for even greater growth in the crypto space.
Crypto analyst Dark Defender has stated that the XRP price will flip the Ethereum price in this market cycle in terms of market cap. He outlined reasons why this is possible and went on to declare that XRP could take over its crown from Bitcoin.
Ethereum (ETH) has been showing positive signs recently, ignite hope among traders that the cryptocurrency might be on the verge of a significant price rally. Currently trading just over $2,800, Ethereum's market momentum is building, and some crucial technical indicators suggest that ETH could soon break through key resistance levels, possibly pushing its price toward $3,800.
Ethereum recently surged past the $3,000 mark, backed by record spot ETF inflows and solid investor confidence. As ETH gains bullish traction, traders are eyeing whether this level will hold as new support.
In a recent interview, Anatoly Yakovenko, Solana's founder, spoke to the unique position this ecosystem holds in the blockchain landscape, using its implementation against L2 scaling solutions and other Layer 1 blockchain systems. Previously he raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution.
The world's second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum's Meteoric Rise to $3,000 Ethereum's momentum kicked in after bitcoin (BTC) surged to a fresh all-time high, reaching the $3,000 mark on Nov. 8.
Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.
Parfin's Ethereum Layer-2 chain, Rayls, was recently featured in JP Morgan's blockchain-focused business unit's Project EPIC, highlighting the network's secure and compliant identity solutions to address privacy needs in regulated financial markets.
Ethereum has seen a significant uptick in buying pressure near the $2.4K support level, driving an impulsive price surge and reclaiming several key resistance regions. This action is signaling a potential shift towards a bullish market sentiment, with higher price levels expected in the mid-term.
The SEC has delayed its decision on allowing options tied to spot Ethereum ETFs to be listed on the NYSE American exchange. The post Spot Ethereum ETF Options Decision Delayed by SEC Ahead of Nov. 11 Deadline appeared first on Cryptonews.
Following Donald Trump's victory in the US presidential election on November 5, Ethereum (ETH), alongside the general cryptocurrency market, has experienced notable price gains. In particular, the second-largest cryptocurrency has witnessed its value increase by 24.31% in the past four days as it approaches a crucial $3,000 resistance zone.
As of Friday's latest data, spot bitcoin and ether ETFs once again recorded positive inflows, capping off a groundbreaking week in the market. $293M in Bitcoin, $85M in Ether Inflows on Friday In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone.
Ethereum (ETH), the second-largest cryptocurrency by market value, has just surpassed $3,000. According to CoinMarketCap, Ethereum reached a high of $3,050.
Ethereum's resilience was underlined by its price action, sentiment surge, and treasury tokenization.
As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.
Spot Ethereum exchange-traded funds recorded their highest-ever weekly inflows as the flagship altcoin shot past the $3,000 mark for the first time since August. According to SoSovalue data, $154.
Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed.
Ethereum's Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
The Ethereum Foundation (EF) has recently revealed the status of its vast crypto holdings, disclosing a total of $970.2 million in assets. Of this, a staggering $788.7 million – or 99.45% – is held in Ethereum's native cryptocurrency, Ether (ETH).
Analyst Benjamin Cowen recently shared his thoughts on the potential future of ETH and BTC, suggesting that while he doesn't expect a drastic price drop, there's still a chance for more downturns before things turn around.
Ethereum, the second largest cryptocurrency by market capitalization, surpassed the $3,000 mark in today's trading session, capping three days of gains.
Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better.
The cryptocurrency market is set for increased volatility today as nearly $4.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts expire. This significant event follows closely behind major developments in the United States, including the outcome of the US elections and the Federal Open Market Committee (FOMC) meeting.
The United States Securities and Exchange Commission (SEC) has delayed several issuers' decisions to list Options on spot Ethereum ETF products. As spotlighted by ETF Store President Nate Geraci, the markets regulator pronounced the delay on Options targeted at Bitwise, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust and other trusts that want a related allowance.
An ETH initial coin offering whale has begun liquidating their ETH assets held for 8 years. According to on-chain data flagged by Onchain Lens.
Spot Ethereum ETFs in the U.S. just recorded their largest inflows in six weeks fueled by Donald Trump's election win and a recent Fed rate cut. On November 8, these nine spot ETFs received a net inflow of $85.9 million. This marks a renewed interest in Ether ETFs, reversing weeks of outflows.
Will Ethereum finally break $3k or is Bitcoin too dominant?
This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000.
Ethereum may be underperforming this year, but it has several strong catalysts that position it for long-term gains.
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In a recent bold forecast, Standard Chartered said that Ethereum price is poised to hit $10,000 in the near term, sparking optimism amid the ongoing rally. Besides, the report also notes that besides ETH, Bitcoin is also gearing up for a strong run towards the north, potentially reaching the brief $200K mark.
The traders seem to have become pretty optimistic over the ETH price rally as the levels have barged above $3000. After a 3-month-long consolidation, Ethereum has raised within the bullish range, suggesting the price could be poised to achieve the crucial resistance, which may elevate the levels beyond the bearish influence.
Since the beginning of this week, bitcoin has seen its price surging from $67,849 to touching the new ATH of 77,230, thanks to the excitement around the U.S. presidential election! With pro-crypto candidate Trump taking the lead, Bitcoin and Ethereum spot ETFs have seen massive moves this week, bringing institutional interest back into the crypto.
Ethereum (ETH) registered a remarkable performance following Donald Trump's victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors' bullish sentiment for the crypto and ETH-based investment products.