Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
Google recently announced a major integration that could transform the way users interact with crypto. Now, users can search for any .eth domain name and check the associated balances directly in Google Search.
Ethereum (ETH) is trading at $2,429, with a 24-hour increase of 0.09% and a weekly rise of 0.49%. ETH's market cap has dropped below $300 billion, currently sitting at approximately $293 billion.
Ethereum has always moved in sync with Bitcoin. It's like they're tied together. Since March 2024, the second-largest crypto has been stuck in a downward channel. It tried breaking out a couple of times, but it couldn't keep up. Rejection from resistance levels knocked it each time.
Vitalik Buterin, creator of Ethereum, is being put forward as a candidate for the Nobel Prize in Economics. This nomination came from Tyler Cowen in a podcast with fellow economist Alex Tabarrok.
The crypto community expressed curiosity and concern over the ETH liquidation, with some questioning Ethereum Foundation's intentions.
Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with a trading volume hitting $1.35 billion.
Ethereum remains an undisputed leader in the Web3 space, supporting dozens of layer two chains and hundreds of DeFi protocols.
The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. Related Reading: Analyst Foresees 90% Cardano Price Drop in Next 6 Months According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024.
The move is part of Google's blockchain support strategy, following initiatives like ETH wallet tracking and blockchain event celebrations.
Three private banks in Taiwan have expressed interest in offering crypto custodial services, with the initiative expected to begin in the first quarter of 2025.
The price of Ethereum (ETH) has remained below the moving average lines and above the crucial support level of $2,300 since the price drop on October 3.
Bitcoin and Ethereum ETFs experienced joint outflows on October 8, 2024, totaling $26.77 million
Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here's how they have fared in terms of price since its team's public recommendation.
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.
Bitcoin exchange-traded funds (ETFs) in the U.S. saw an enormous spike in inflows, while Ethereum spot ETFs came to a complete standstill. This contrast highlights the diverging market interest between the two leading cryptocurrencies, with Bitcoin benefiting from a surge in optimism and Ethereum facing a quieter day.
Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two weeks, with a key support level now at $2,300.
In a recent announcement, the leading crypto exchange Binance has announced to remove certain key pairs from its platform. According to the release, the exchange will release four pairs related to BTC, ETH, BNB, and DAI.
Solana (SOL) is overpriced when compared to Ethereum (ETH), according to a report from Standard Chartered.
A user recently incurred a jaw-dropping fee of 288 ETH—equivalent to around $700,402—to complete a transaction that ultimately sent nothing to the intended recipient. This surprising event has sent ripples through the crypto community, raising questions about how such an error could occur and what it means for users in the Ethereum ecosystem.
Ethereum faces headwinds as its price and network activity stagnate, while competition intensifies and global economic uncertainties persist.
Renowned economist Tyler Cowen has proposed Ethereum (CRYPTO: ETH) creator Vitalik Buterin as a deserving candidate for the forthcoming Nobel Prize in Economics. What Happened: Cowen put forward this unconventional nomination during a podcast with fellow economist Alex Tabarrok on Tuesday.
Reduces slot time from 12s to 8s for lower peak bandwidth. Reduce based rollup latency.
The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.
Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation.
On-chain data shows the Ethereum whales have been participating in constant distribution for the last six months, a sign that's not ideal for ETH.
In a surprising turn of events, an unknown Ethereum user has paid a shockingly huge fee for a single transaction. According to blockchain data tracker Whale Alert, a fee of 288 ETH worth $704,067 has just been paid for a single transaction.
The cryptocurrency market has been hit by a significant wave of bearish momentum, leading to widespread liquidations across several leading digital assets. In the past 24 hours, the market saw total liquidations surpass $220 million, leaving many traders with substantial losses.
Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading volumes fell -11.09% to $69.42 billion. The Fear & Greed Index stays at 42, indicating neutral market sentiment as investors await new developments.
A compelling expose could have impacted bitcoin and the broader market's prices, but the crypto community is largely brushing off HBO's hyped documentary.
Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable surge in its supply, raising concerns about the long-term implications for the token's value. Over the past week, Ethereum's net supply increased by over 10,000 ETH, signaling a potential challenge to the supply control mechanisms introduced in the network's recent upgrades.
Ethereum is at a critical juncture after failing to break above the $2,500 mark yesterday, leaving investors uncertain about its next move. As the broader crypto market anticipates a rally, Ethereum traders closely monitor signs of strength within the network.
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards.
Ethereum shows potential for a rally to $6000, with strong $2300 support.
Ethereum price drops to $2,420, losing 4% in a week and falling below $300B market cap. Technical analysis shows bearish signals on 4-hour chart, with potential drop to $2,150.
Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked.
Ethereum (ETH) has been capturing the attention of traders and investors as it shows promising signs of recovery. After experiencing a notable decline, technical indicators suggest that ETH might be on the brink of a significant rally.
Ethereum Foundation has executed a new series of transactions, sending 2,500 ETH to the Bitstamp exchange, valued at approximately $6.06 million. This move occurred through two separate transactions, each involving 1,250 ETH.
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.
Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.
Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.
Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.