TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.

The divergence between Bitcoin and Ethereum may soon be coming to an end.

The head of digital asset research at $101.9 billion U.S. hedge fund VanEck, Matthew Siegel, has discovered and revealed what could be key information for those bullish on Ethereum (ETH).

The new week has started with the bears' pressure on, according to CoinMarketCap.

The next week or two is expected to be bullish for Ethereum and a move toward $2.8k-$2.9k is likely.

Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.

Ethereum (ETH) has recently made headlines as it reclaimed the $2,500 mark following a significant shift in market sentiment. However, the ETH/BTC trading pair has been struggling, hitting record lows against Bitcoin (BTC).

The Rollblock ($RBLK) presale is outperforming expectations, raising over $3.7 million as gamers enjoy a share in the success of the platform. With legacy coins such as Ethereum and Ripple's $XRP underperforming, investors are turning heads towards smaller tokens with strong use cases and large potential.

Ethereum (ETH), the world's second-biggest cryptocurrency by market cap appears to be super bullish and could hit the $3,000 level soon. Despite the majority of top cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and many others struggling to gain momentum, ETH has gained more than 4% of its value.

A crucial metric reveals that Solana (SOL) is asserting itself in the world of altcoins. Within the past 12 months, SOL has registered an astronomical growth rate as it takes on Ethereum (ETH), the second-largest cryptocurrency.

TL;DR Investment products in the crypto market have seen inflows of $321 million in the last week, driven by a 50 basis point interest rate cut. Bitcoin has captured the majority of the flows with $284 million, while short products have received $5.1 million. The U.S.

Ethereum surges around 6% in the last 24 hours, soon to lose 2%. Currently ETH is trading at $2,639 and still fighting to take an upper route, which looks very difficult to achieve looking at the market conditions.

According to the recent CoinShares report, last week, institutional investors increased their bet on XRP, while withdrawing funds from ADA and the second largest cryptocurrency, Ethereum. The report was shared on the X platform by Chinese cryptocurrency blogger and journalist Colin Wu on his personal page.

The performance of digital assets shocked market watchers as different products witnessed a significant second week of positive inflows. The crypto space recorded a massive $321 million to stay green at the close of trading.

Ethereum (ETH) has seen an increase in burn rate this month, indicating that usage and activity on the network have increased significantly.

Ethereum has outperformed bitcoin since the U.S. Federal Reserve cut its Federal Funds rate by 50 basis points last Wednesday.

Over the last three days, the Ethereum Foundation has shaken up the market by selling off 500 ETH. The organization has reportedly offloaded $10 million worth of Ethereum this year in separate events.

Following the ongoing global economic shift catalyzed by the recent Fed rate cut last week, more institutional investors are eyeing the Bitcoin (BTC) and altcoin industries. Furthermore, the impressive performance of Gold (XAU) is expected to boost the crypto bullish outlook in the fourth quarter.

Crypto bettors are speculating about another rate cut, with Polymarket showing a near-even split: 43% expecting a 50 bps cut and another 48% anticipating a 25 bps reduction.

Over the past few days, Ethereum (ETH) whales have been relentlessly selling their coins, dampening the market's momentum. Whale inflow into cryptocurrency exchanges has surged, indicating a strong desire for profit as the coin's price has skyrocketed by double digits over the past seven days.

As of Sept. 23, 2024, ethereum is trading at $2,646, with an intraday price range of $2,531 to $2,684. Over the past 24 hours, ethereum has recorded a trading volume of $16.36 billion and a market capitalization of $318.56 billion.

Ethereum has recently seen a surge in demand near the crucial $2.1K support zone, resulting in a significant bullish retracement. The price has now reclaimed the middle threshold of the multi-month descending channel, suggesting the potential for further gains toward the upper boundary near $3K.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

The crypto market just pulled in $321 million in investment inflows, marking its second straight week of positive fund movement, all thanks to the change in U.S. monetary policy. After the Federal Open Market Committee (FOMC) went last week, investors rushed in.

Ethereum's lag in inflows highlights potential investor skepticism and could signal shifting market preferences within the crypto sector. The post Crypto products see $321 million in inflows, Ethereum funds lag appeared first on Crypto Briefing.

Ongoing sell-offs may threaten retail investor confidence and market stability.

Discover insights on decentralized AI, the significance of Ethereum ETPs, and legal defense for crypto creators, according to a16z crypto.

Ethereum, the second-largest cryptocurrency by market cap, has recently seen a sharp rise in its transaction fees. As noted by crypto analyst Kyledoops, these fees have jumped by an astonishing 314%.

A large Ethereum holder just moved 3,510 ETH to the Kraken exchange, sparking fears that a big sell-off could be coming, which might push the ethereum price down.

Recently Shiba Inu has experienced a significant preemptive signal for the market as it has surged above the 50-day exponential moving average. Investors who have been waiting for a market recovery have hope as SHIB breaks above this technical level.

An Ethereum whale investor who held ETH for over two years has turned $150 million into over $300 million in ETH investments. The volatility inherent in cryptocurrencies is usually beneficial when met with investment intelligence.

Ethereum Foundation has once again raised investor concerns globally, selling 200 ETH on Monday. On-chain data revealed that the selloff took place via two transactions, raising eyebrows among market watchers as the coin currently rides bearish waves in the broader industry.

Spot Bitcoin and Ethereum exchange-traded funds in the United States experienced joint net inflows to close the trading week, and both saw even larger inflows earlier in the week.

From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC's Bold Move

As the crypto market approaches the $2.20T market, Bitcoin eyes $64K, and Ethereum shows a bull run gaining momentum this week. Following the 7.53% run last week and a 5.8% jump a week before, the Ethereum price surpasses the $2,500 psychological mark.

Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world's largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.

An Ethereum ICO whale's $9.12M transfer to Kraken sparks concerns of market sell-offs, amid ETF outflows and technical indicators pointing to potential price drops.

The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.

Ethereum is showing a steady recovery with a recent price increase, while closely tracking Bitcoin's movements. Significant whale activity and institutional inflows indicate heightened interest and potential volatility.

On-chain data shows increased selloff from Ethereum whales over the past week. But the asset's price remained bullish.

A participant in the Ethereum ICO has caught the market offguard by depositing 3,510 ETH, which is worth about $9.12 million, into Kraken. According to Lookonchain, this big move comes after the wallet was inactive for over two years.

An Ethereum investor just made an incredible $131.72 million by holding onto their Ethereum (ETH) during the 2022 crypto crash. According to the blockchain analytics platform Lookonchain, this savvy investor bought 96,639 ETH from Coinbase on September 3 and 4, 2022, when the price was just $1,567 per ETH.

Ethereum has recently come under the spotlight as crypto enthusiasts raise worrying questions about its fading popularity.

Two huge Ethereum transactions containing 8,510 ETH worth $21.9 million have been reported by the on chain analysis firm “Spot on Chain”. One of the wallets goes back to the Ethereum ICO era. Why these accounts are making these moves at this time might be a concern for the crypto community.

Ethereum (ETH), the second biggest crypto, recorded a recovery rally last week as the Federal Reserve cut interest rates by 50 basis points. As investors jumped into the market with prevailing bullish sentiments for the crypto market, some whales are trying to make an exit on a higher note.

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A cryptocurrency investor made a $131.72 million profit by holding onto Ethereum through the 2022 bear market, showcasing the benefits of a long-term investment strategy.