Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.

The crypto market has seen a notable surge in recent hours, driven by Donald Trump's victory in the 2024 U.S. presidential election.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.

The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.

Ethereum (ETH) is showing signs of a major upward trajectory, with some analysts speculating that the cryptocurrency could see a substantial price surge in the near future. The reason for this optimism?

Ethereum analysts are keeping a close look at the altcoin, which is stuck in a long downtrend. Some call for major upward breakout and others keep a cautious stance, warning to expect this downtrend will continue.

Following former president Trump's 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K.

Ethereum's price rose to $2,596 with a 6.82% gain. The global crypto market cap surged by 8.11%, reaching $2.47T.

As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.

Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.

Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.

Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday's trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov.

In a surprising move, a major Ethereum (ETH) whale recently sold 14,240 ETH worth nearly $37 million at a significant loss of $12.8 million. This transaction occurred as Bitcoin (BTC) reached a new all-time high (ATH), but Ethereum remains nearly 47% below its own ATH.

Solana's blockchain ecosystem has recently experienced a remarkable surge in liquidity, with more than $600 million bridged into the network in October 2024 alone. What's even more striking is that over 90% of this influx came from Ethereum (ETH), highlighting a growing trend of cross-chain collaboration and the shift toward Solana as a low-cost, high-speed alternative in decentralized finance (DeFi), NFTs, and other blockchain applications.

TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.

Key Points:

Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?

The crypto market has experienced a significant uptrend over the past few hours. With Donald Trump winning the U.S. election 2024, the Bitcoin price has achieved a new ATH above the $75k level. Following this, the Ethereum price has surpassed the $2.6k range.

The popular crypto payment system, which was first built on the Solana blockchain, has just expanded to support Bitcoin, Ethereum, and Layer 2 (L2) solutions. This is a big deal for both merchants and customers.

One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.

Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.

Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.

Ethereum has found it difficult to keep up with Bitcoin, which has surged to record highs in recent weeks. Ethereum has maintained a descending price channel, indicating a more muted performance, while Bitcoin has garnered attention with its spectacular rally.

On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH's price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently.

Ethereum has broken above $2,500 after finding support at $2,350, showing positive technical indicators while facing resistance at $2,580 and $2,620 levels.

During the Election Day, "green" dominates the prices of cryptocurrencies led by BTC and ETH.

Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum.

Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.

Ethereum (ETH) products saw a significant turnaround this week, with $9.5 million in inflows, reversing its recent streak of outflows and surging ahead of Solana (SOL) in the race for institutional investment. According to a report from Coin Shares on crypto fund flows, Ethereum's momentum gained ground amidst macroeconomic uncertainty, largely driven by the ongoing political events surrounding the U.S. Presidential elections.

Ethereum price found support near $2,350 and started a fresh increase. ETH is rising and might aim for a move above the $2,580 resistance.

One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.

Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

If Ethereum continues mimicking S&P 500, $10K price remains a strong long-term possibility.

The cryptocurrency market witnessed a sudden surge in buying pressure during the United States presidential election on Tuesday. The pioneer digital currency, Bitcoin, teased a bullish breakout of the $70,000 barrier, uplifting the recovery momentum in the altcoin market.

Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.

Despite Michigan pension fund's new move, the total cumulative flows into ETH ETFs continue to remain negative.

Ethereum (ETH) price is showing signs of weakening strength as polls open across most of the US.

Following the breakdown, the price has once again moved back within the bullish pattern and is poised for an upside rally.

Michigan's move to increase Ethereum investments comes amid a wave of crypto interest among U.S. state pension funds.

Cryptocurrency markets are trading higher as markets predict a Trump win, boosting sentiment.

This metric serves as an indicator of relative market sentiment and capital flows between crypto's two largest assets.

ETH/BTC decline hits over three-year low at 0.03508, reflecting Ethereum's underperformance and potential further downside in Q4 2024. The post ETH/BTC hits lowest point in over 3 years, sliding to 0.03508 appeared first on Crypto Briefing.

The State of Michigan Retirement System has disclosed a new holding in Grayscale's Ethereum exchange-traded fund, becoming the first public pension fund to do so since the ETH-based product commenced trading on U.S. exchanges in July.

Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.

In the last few hours, an enormous sum in Ethers (ETH) was moved to derivatives exchanges. Typically, this is a signal of a downturn, or, at least, increased volatility, CryptoQuant's verified author says.

Ethereum (ETH) has established a relationship with the S&P 500 index, a correlation that points to a record-high price target for the second-ranked cryptocurrency by market capitalization.