Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone.
Cardano (ADA) is showing signs of resilience. Currently priced at $0.9424, ADA has dropped by 1.56% over the past 24 hours, but it has seen an overall gain of 5.47% in the past week.
According to crypto analyst Titan of Crypto, Ethereum (ETH) could be on the verge of a “major move upward” this year as it continues to form higher lows on the weekly chart. However, breaking through the persistent $4,000 resistance level remains a key hurdle for the cryptocurrency, before it goes on to create new highs.
Cardano's ADA has experienced significant volatility over the past week, with broader market turbulence playing a role in its price action. A notable factor contributing to the downturn was China's DeepSeek, which triggered a risk-off sentiment across the crypto market.
Ethereum performance has lagged behind the broader cryptocurrency market in recent months, with the asset failing to capitalize on the bullish momentum recently seen in the market. While Bitcoin has repeatedly reached new all-time highs, Ethereum has struggled to break past $4,000 and remains well below its 2021 peak of $4,800.
Ethereum (ETH) has encountered significant resistance at the $4,000 level, a key price point that mirrors the struggles it faced in late 2020. Despite this, recent market dynamics, including growing institutional interest and rising open interest, suggest that Ethereum could be primed for another rally.
Injective introduces embedded EVM support in its core infrastructure, showcasing enhanced performance metrics and preparing for mainnet launch, while expanding its ecosystem through key developments.
It will take more than Ethereum's upcoming Pectra upgrade to turn ETH price around. Cointelegraph explains why.
Plomin comes just four months after Cardano's Chang hard fork, which put many of the mechanisms in place for Wednesday's upgrade.
Ethereum (ETH) has been navigating through a period of increased volatility, with its price recently dipping below the $3,200 threshold and retesting the critical $3,000 support level. Despite this, signs of a potential reversal are emerging, leading to growing optimism in the market.
Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,822 +2.6% Ethereum (CRYPTO: ETH) $3,119 +0.6% Solana (CRYPTO: SOL) $233.27 +2.1% XRP (CRYPTO: XRP) $3.00 +0.2% Dogecoin (CRYPTO: DOGE) $0.3288 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001853 +1.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%.
Cardano is set to activate the Plomin hard fork later Wednesday, ushering in a new era of decentralization for the blockchain network.
Cardano's Plomin hard fork is set to go live late Wednesday, letting ADA token holders participate in network governance.
Cryptocurrency exchange OKX says “Solana's meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report.
Cardano is fully entering the Voltaire era of decentralized governance, and it released a roadmap to explain the rollout of these changes. It identifies three categories that require meaningful upgrades: scalability, usability, and utility.
Cardano Foundation CTO Giorgio Zinetti joins CoinDesk with the latest update on the Plomin hard fork deployment, which has switched the blockchain to decentralized governance. Plus, insights into the voting system and Cardano's global influence.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price. The analyst revealed how XRP could flip the Ethereum price to become the second-largest crypto by market cap, behind Bitcoin.
Ethereum (ETH) has recently seen a significant shift in its market dynamics, with the supply of the cryptocurrency on exchanges reaching historic lows. This change has fueled discussions about what it could mean for Ethereum's price trajectory in the coming months.
Robinhood is rolling out futures trading for Bitcoin and Ethereum in addition to traditional commodities like oil and gold. It teased this launch on social media, but the Chigaco Mercantile Exchange (CME) detailed its partnership with Robinhood.
The crypto market is back in the red as the fallout from Monday's collapse continues to impact traditional and risk assets. Bitcoin (BTC) has struggled to build momentum, nearly slipping below $100,000 as it dropped to a low of $100,265 before recovering and moving to its current level of $101,600.
Bitcoin's performance in February has consistently been bullish, as the digital asset has recorded double-digit gains in two-thirds of the Februaries dating back to 2013, according to data from Coinglass. The average gain for the second month of the year stands at an impressive 15.6%, making February a key month for Bitcoin investors.
Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks.
TL;DR Cardano activates the Plomin hard fork, granting ADA holders voting power on important decisions within the network. The update met the requirements for stake pool participation and the Interim Constitutional Committee. ADA fell by more than 3.4% in the last 24 hours, as the market continues to evaluate the impact of the update.
The Cardano blockchain is set to undergo an upgrade with the launch of the Plomin hard fork on January 29, 2025, at 21:45 UTC. The hard fork is meant to steer Cardano's transition toward a fully decentralized governance, as confirmed in a recent post by the Cardano Foundation on X.
Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork. This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals.
The Plomin hard fork, set to go live on Wednesday, marks a significant milestone for Cardano by enabling decentralized governance.
Cardano is set for a major milestone as the blockchain network looks to evolve with fully decentralized governance. On January 29, the Cardano Foundation announced the Plomin hard fork, a blockchain upgrade that introduces key governance changes to Cardano (ADA), takes effect “tonight”.
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.
The latest Cardano hard fork introduces new governance actions such as protocol upgrades and treasury withdrawals.
As Ethereum lingers near $3,000 with an inverted head and shoulder in making, the chances of steady Fed rates hint at a new bull cycle. Will this recovery drive ETH price to a new all-time high?
Today is a big day for Cardano, as the much anticipated Plomin Hard Fork is set to be enacted tonight. According to Intersect, the mainnet hard fork governance action has been successfully ratified on-chain.
Cardano's Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
Cardano price has consolidated this year, but numerous technical patterns point to a potential rebound. ADA is now in the fourth Elliot wave phase, has formed a triple-bottom and a bullish pennant.
Ethereum's circulating supply has surged over the past week, reaching levels not seen since February 2023. On-chain data reveals that 12,353 ETH valued above $39 million have been added to circulation over the past seven days.
The downward momentum on Cardano price seems to be weakening amid broader market recovery. Is ADA about to reverse from consolidation?
Analysts in the cryptocurrency market project 2025 industry predictions will ride on Bitcoin alongside Ethereum, XRP and Ozak AI.
This update represents a significant evolution for the entire ecosystem.
This upgrade marks a pivotal moment, giving ADA holders more control over the network's future. With the official draft of the Cardano constitution signed in December 2024, the next step is an on-chain vote by the community and Delegated Representatives (DReps).
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
Many investors are looking for substitutes with more growth potential as Ethereum's price shows a notable decline.
Cardano is set to launch Plomin Hard Fork later today to further strengthen the ecosystem's governance. ADA holders will then hold real voting power.
Crypto analyst Max has revealed that the Ethereum price is at a critical junction, which could determine its trajectory going forward. The analyst remarked that ETH faces a ‘moment of truth' and explained that the crypto could enter a bearish phase if it doesn't complete a particular pattern.
The cryptocurrency market is navigating a correction, with leading assets experiencing a pullback following recent gains. Bitcoin (BTC) is trading at $102,584.12, down 0.27% over the past 24 hours, while still maintaining a 2.77% gain over the past week. Ethereum (ETH) has declined to $3,141.78, reflecting the overall bearish sentiment.
A hard fork is a non-backwards compatible change to the blockchain's programming.
While Ethereum's upgrades are progressing toward long-term blockchain adoption, they lack the immediate impact needed to drive bullish sentiment in the market, analysts note.
The crypto market is currently full of expectations as investors are waiting for the next big price pump. Saint Pump forecasts the Solana price could surge to $500. Also, Beastlyorion says ADA's value might pump $5.7.
Ethereum maintains price levels above $3,100 as exchange reserves hit multi-year lows, creating a potential supply squeeze despite mixed technical signals and relative weakness against Bitcoin.