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news-imageOctober 9, 2024

Massive 13,406 Ethereum Transfer Stuns Top U.S. Crypto Exchange

With the broader digital currency ecosystem facing capitulation and mild volatility, Ethereum's (ETH) recovery might hit a snag. This is due to recent activities spotted by crypto transaction tracker Whale Alert.
Publisher: UToday
Sentiment: Negative
ETH

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Neutral
cover-imageTheNewsCrypto
October 9, 2024

Can Ethereum Stage a Comeback to 2.5K?

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.

Negative
cover-imageNewsBTC
October 9, 2024

$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy

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.

Neutral
cover-imageNewsBTC
October 9, 2024

ETH's Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?

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.

Negative
cover-imageThe Currency Analytics
October 9, 2024

Ethereum User Pays $700,402 in Transaction Fees for Nothing: What Happened

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.

Negative
cover-imageThe Currency Analytics
October 9, 2024

Ethereum's Supply Surges by 10,000 ETH in One Week: What This Means for the Market

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.

Positive
cover-imageBitcoinist
October 8, 2024

Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What's Going On?

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.

Positive
cover-imageCryptoSlate
October 8, 2024

Ethereum staking defies market trends with robust growth in 2024

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.

Negative
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader

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%.

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