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news-imageJune 8, 2024

Litecoin Overtakes Ethereum In This Metric – What's Happening?

The price of Litecoin (LTC) has had a disappointing performance in the second quarter of 2024, despite making a positive start to the year. The cryptocurrency has been facing significant bearish pressure in the past day, with its price falling by nearly 5% in a single move.
Publisher: NewsBTC
Sentiment: Neutral
ETH
LTC

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Positive
cover-imageNewsBTC
July 12, 2024

Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally

Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches.

  ETH  
Positive
cover-imageBitcoinist
July 12, 2024

Litecoin Whales Are Active: Over 50% Of Market Cap Being Shifted Around Daily

On-chain data shows that Litecoin whales have been active recently, as the network has handled many large moves. Litecoin Large Transaction Volume Has Been At $2.85 Billion Recently According to data from the market intelligence platform IntoTheBlock, the Litecoin network has been witnessing some high activity from the whale entities recently.

  LTC  
Positive
cover-imageCoingape
July 12, 2024

Kraken Executive Says Ethereum ETFs Can Amass $1 Billion Monthly

Thomas Perfumo, the head of Strategy at Kraken stated that a lot of anticipated inflow in the crypto market is hinged on the approval of spot Ethereum ETFs. The executive accessed the price-in level of inflows to crypto products amid recent market swings.

  ETH  
Positive
cover-imageBenzinga
July 12, 2024

Why Litecoin Is Popping Off This Week

Litecoin (CRYPTO: LTC) is trading higher some 12.3% to $69.10 over the trailing week amid recent, broader crypto sector strength. Several altcoins are gaining Friday, mirroring Bitcoin's roughly 2% session increase.

  LTC  
Positive
cover-imageBenzinga
July 12, 2024

Bitcoin, Ethereum, Dogecoin Recover As Germany Runs Out Of BTC To Sell

Cryptocurrency markets are trading up as PPI data has sparked speculation of an interest cut in September. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $57,825.58 +0.6% Ethereum (CRYPTO: ETH) $3,129.43 +0.5% Solana (CRYPTO: SOL) $138.75 +1.2% Dogecoin (CRYPTO: DOGE) $0.1076 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00001644 +0.3% Notable Statistics: IntoTheBlock notes that 83% of Bitcoin holders are in profit at current levels despite the volatility.

  ETH  
  BTC  
Neutral
cover-imageBenzinga
July 12, 2024

Top Crypto Trader Contemplates Retirement, Looks For 'One Last Bullish Trade' On Bitcoin, Ethereum, Solana

Renowned crypto trader DonAlt is considering stepping away from active trading, citing disillusionment with the current state of the cryptocurrency market. What Happened: In a recent episode of the popular “Casual Friday” podcast, Don revealed his plans to wind down his trading activities while expressing a desire for “one last bullish trade” to end on a high note.

  ETH  
  BTC  
Positive
cover-imageNewsBTC
July 12, 2024

6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod

As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious challenges going forward depending on the planned behavior of market players.

  ETH  
Negative
cover-imageCryptoPotato
July 12, 2024

Ethereum Price Analysis: Is ETH on the Verge of a Deeper Correction Toward $2.7K?

Ethereum's price has been dropping recently, following a second rejection from the $4,000 resistance level, and it has yet to recover. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been making lower highs and lows since failing to break the $4,000 level to the upside a while ago.

  ETH  
Positive
cover-imageCoinPedia
July 12, 2024

Ethereum ETF Launch To Push Prices to $6K, Says Top Analyst!

Weekends typically see reduced market activity and lower trading volumes, leading to stability in crypto prices. This weekend, Ethereum found renewed demand for around $3,100. Meanwhile, Prominent crypto analyst Michael van de Poppe predicts that the Ethereum ETF will launch next week.

  ETH  
Positive
cover-imageUToday
July 12, 2024

Ethereum (ETH) Gas Fee Falls to New Low Amid ETF Buzz

Gas fees for Ethereum (ETH) have fallen to new lows amid anticipation of a spot Exchange-Traded Fund (ETF) in the U.S. As shown on CryptoQuant's chart, Ethereum's gas fees are at their lowest since May 2024.

  ETH  
Positive
cover-imageThe Currency Analytics
July 12, 2024

Elwood's Ethereum Transactions Cause Market Stir as ETH Approaches $3,100

Ethereum (ETH) transactions by the global fintech firm Elwood have caught the attention of the cryptocurrency market. These large transfers have led to a wave of speculation about the firm's strategic intentions and the potential market implications.

  ETH  
Positive
cover-imageUToday
July 12, 2024

Ethereum (ETH) Surges $354 Billion After FTX Crash

According to Glassnode, Ethereum, the second-largest cryptocurrency by market capitalization, has seen its valuation climb by $354 billion, or 267%, since November 2022. Leading cryptocurrency exchange FTX, once valued at $32 billion, collapsed in a matter of days in November 2022.

  ETH  
Neutral
cover-imageBeInCrypto
July 12, 2024

Bitcoin, Ethereum, Ripple Weekly Wrap: July 12, 2024

Bitcoin's (BTC) price has been witnessing the impact of macro-financial developments, which haven't necessarily been in favor of the crypto market. Ethereum's (ETH) price also ended up following BTC's cues, but Ripple's (XRP) price charted its own relatively bullish path this week.

  ETH  
  BTC  
Positive
cover-imageUToday
July 12, 2024

Litecoin (LTC) Outperforms Dogecoin (DOGE) in On-chain Activity

Litecoin (LTC) has witnessed superior on-chain activity compared to other prominent coins, such as Dogecoin (DOGE). Per data from IntoTheBlock, LTC processes an impressive $2.85 billion in transactions over $100,000 daily.

  DOGE  
  LTC  
Positive
cover-imageThe Currency Analytics
July 12, 2024

Justin Sun's Strategic $5 Million ETH Purchase Signals Bullish Sentiment Ahead of Ethereum ETF Decision

Tron founder Justin Sun has significantly bolstered his ETH holdings with a $5 million purchase of 1,614 ETH at an average price of $3,097 per token. This acquisition is part of Sun's broader strategy to accumulate digital assets ahead of potential market catalysts, notably the impending approval of a spot Ethereum Exchange-Traded Fund (ETF) expected within the next two weeks.

  ETH  
Negative
cover-imageCoingape
July 12, 2024

ETH Gas Fee Flashes Inactivity Concerns Before Ethereum ETF Approval

Ethereum investors are currently sitting on the edge of their seats eagerly awaiting the approval of spot Ethereum ETFs by the U.S. SEC. However, just before the final decision on ETF approval, the Ethereum gas fee dropped to a two-month low suggesting major inactivity on the Ethereum network.

  ETH  
Positive
cover-imageCoinPedia
July 12, 2024

Why is Litecoin (LTC)Price Primed for a Massive Bull Cycle?

Litecoin (LTC) network, a veteran blockchain secured via the legendary proof-of-work (PoW) consensus mechanism, remained a favorite project among more investors. The mid-cap altcoin, with a fully diluted valuation of about $5.8 billion and a daily average traded volume of around $314 million, has more than 9.2 million on-chain holders.

  LTC  
Positive
cover-imageNewsBTC
July 12, 2024

Spot Ethereum ETFs FOMO: Tron Founder Justin Sun Drops $5 Million On ETH

Justin Sun, the founder of Tron, a decentralized blockchain-based operating system, has found himself joining the Spot Ethereum ETFs FOMO with a new $5 million investment in Ethereum (ETH), the world's second-largest cryptocurrency. Tron Founder Buys $5 Million Worth Of ETH In an X (formerly Twitter) post on July 11, Spot On Chain, an AI-driven on-chain analytics platform, uncovered a new Ethereum transaction allegedly executed by Sun.

  ETH  
  TRX  
Neutral
cover-imageCrypto news
July 12, 2024

Inflation numbers to sway crypto: How BTC and ETH could react

Will the release of US CPI data signal a new era of monetary easing, and how could this influence Bitcoin and Ethereum investments? Bitcoin (BTC) and Ethereum (ETH) have been on a wild ride lately.

  ETH  
  BTC  
Positive
cover-imageCryptoPotato
July 12, 2024

Crypto Price Analysis July-12: ETH, XRP, ADA, DOGE, and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Dogecoin, and Polkadot. Ethereum (ETH) After a difficult start in July, Ethereum bounced by 7% this week and recovered some of the most recent losses.

  ETH  
  ADA  
Negative
cover-imageCrypto Daily
July 12, 2024

Crypto Price Analysis 7-12 BTC, ETH, SOL, ADA, AVAX, RNDR, SEI

Bitcoin (BTC) has dropped over the past couple of days after failing to push above the $60,000 mark. After reaching a high of $59,683, BTC fell into the red and settled at $57,386, with sellers active at higher levels.

  ETH  
  ADA  
Neutral
cover-imageCoinPedia
July 12, 2024

Ethereum in Trouble? Solana's Strategic Push into L2 Rollups

L2 rollup War heats up! In an epic shift in blockchain strategy during the 2021 bull market, numerous Layer 1 (L1) blockchains tried to challenge Ethereum's dominance. None succeeded, which led to a shift from direct competition to collaboration. Solana was a key factor in this change.

  ETH  
  SOL  
Positive
cover-imageNewsBTC
July 12, 2024

Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First

A crypto analyst has predicted that Ethereum (ETH), the world's second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions.

  ETH  
Positive
cover-imageBenzinga
July 12, 2024

XRP Beats Bitcoin, Ethereum On Launch Of Reference Rate On Leading Derivatives Exchange: Brad Garlinhouse Says 'First Step Toward Institutional Crypto Products'

Ripple (CRYPTO: XRP) mopped healthy gains Thursday after leading derivatives trading platform Chicago Mercantile Exchange launched new reference rates and real-time indices for the payments-focused cryptocurrency. What Happened: The CME Group announced Thursday that starting July 29, it would add XRP to its existing suite of benchmarks which already includes major assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL).

  ETH  
  BTC