Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone.
Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.
Elon Musk, CEO of Tesla Inc. and owner of social media platform X, threw his support behind former President Donald Trump during a campaign town hall on Thursday while floating the idea of a new government agency named after a cryptocurrency meme. What Happened: Speaking to voters in suburban Philadelphia, Musk outlined his vision for the “Department of Government Efficiency” popularly called D.O.G.E.
Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon.
A massive whale purchase of 86.87 million DOGE has spurred a market surge, sending the coins price up 21%. Investor interest grows as bullish momentum continues, with potential gains ahead.
The Dogecoin price is once again gearing up for a significant move to the upside. In a recent price analysis of current price movement and previous price action, an analyst suggested Dogecoin is on track to repeat another parabolic run, potentially sending its price skyrocketing to $10.
Ethereum (ETH) continues to navigate a dynamic market landscape, recent indicators suggest a growing potential for the cryptocurrency to reach the $3,000 mark. With an uptick in active addresses, significant exchange outflows, and bullish technical signals, Ethereum appears to be positioning itself for a price rally.
Nearly 70% of institutional investors holding Ethereum (ETH) are engaged in staking, with 52.6% of them holding liquid staking tokens (LSTs), according to a Blockworks Research report. Nearly half of institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase and Binance.
As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.
Solana's recent DEX volume dominance against Ethereum sparks speculation of a major bull run on the horizon.
ETH price has hit a roadblock as options traders remain skeptical of $3K target before US elections.
World, previously called Worldcoin, has debuted an Ethereum layer-2 chain with an aim to onboard real humans—not bots.
VanEck significantly downgrades its long-term Ethereum (ETH) price target.
Ethereum's "changing fundamentals" and growing embrace of layer-2 networks could massively impact ETH's future price, a VanEck analyst said Thursday.
Vitalik Buterin reminds proponents and detractors of the goal of the network's now-highly criticized rollup-centric roadmap
PayPal's Venmo can now be used by U.S. customers to top up and make crypto purchases on MoonPay, according to a Thursday announcement.
Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.
The cryptocurrency market showcased a compelling narrative of contrasting investor behavior. Bitcoin ETFs enjoyed a significant influx of capital, while Ethereum faced a decline in investor interest, revealing a pivotal shift in sentiment between these two leading digital assets.
A new update has come to the Ethereum Pectra upgrade. According to Galaxy's Vice President and researcher Christine Kim, the developers discussed the upgrade during their 144th All Core Developers Consensus Call (ACDC), which recently took place.
In a new blog post titled “Possible futures for the Ethereum protocol, part 2: The Surge,” Ethereum co-founder Vitalik Buterin outlined an ambitious roadmap aiming to scale Ethereum's transaction processing capacity to over 100,000 transactions per second (TPS) across Layer 1 (L1) and Layer 2 (L2) solutions.
A widely followed crypto analyst is issuing an alert about Ethereum (ETH), saying that the top altcoin appears to be forming a bearish pattern.
Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,879.97 -1.3% Ethereum (CRYPTO: ETH) $2,583.46 -1.1% Solana (CRYPTO: SOL) $148.51 -3.8% Dogecoin (CRYPTO: DOGE) $0.1213 -4% Shiba Inu (CRYPTO: SHIB) $0.00001767 -5% Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume decreasing by 14.8% and daily active addresses falling by 20.1%.
Kraken, a leading cryptocurrency exchange, launched its own wrapped bitcoin (BTC) token, known as kBTC, on October 17.
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
Billy Markus reflects on how Dogecoin sparked an unexpected crypto revolution, evolving beyond his wildest dreams.
Dogecoin (DOGE), initially a mere meme, is demonstrating significant market strength once more. On October 16, 2024, the prominent cryptocurrency surged by 16% in the weekly frame, to the delight of investors.
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.
Ethereum's price has fluctuated under $2,800 for the past few weeks, and it is stuck in a consolidation phase. Despite several attempts, ETH has been unable to break through key resistance levels, leaving investors uncertain.
The Kraken's launch of Wrapped Bitcoin will further enhance the mainstream adoption of BTC through Web3 space across different chains.
TL;DR Kraken has launched kBTC, a Wrapped Bitcoin designed to facilitate its use in the DeFi ecosystem, backed 1:1 by real Bitcoin. The kBTC token is available on the Ethereum and OP Mainnet networks, allowing users to verify on the blockchain the total reserve of Bitcoin that backs it.
In their joint “Q4 Guide to Crypto Markets,” Coinbase (NASDAQ:COIN) Institutional and Glassnode report a growing and maturing crypto market despite Bitcoin‘s (CRYPTO: BTC) range-bound price action over the last six months. What Happened: Their analysis shows that despite the lack of strong price movements, the crypto market has shown signs of sophistication through successful spot ETFs, increased on-chain activity and higher trading volumes.
Most coins from the top 10 list are facing a correction, according to CoinMarketCap.
Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.
Robinhood announced its plans to support Bitcoin and Ether futures, alongside traditional commodities like oil and the S&P 500, as part of a larger rollout of derivatives products.
Expert analyst says a massive rally is brewing for Ethereum price as it enters the final phase of a fractal. This outlook coincides with Ethereum co-founder Vitalik Buterin revealing the roadmap for ETH.
Crypto analyst Ignas says Ethereum (ETH) is losing its competitiveness against other layer-one networks. In an X post, the analyst stated that Ethereum's underperformance compared to other networks was the key reason behind ETH's price struggles.
The spike in large transactions and exchange inflows suggests that DOGE is in a distribution phase.
Dogecoin (DOGE) price has rallied, but the upside correction has been delayed twice by resistance at $0.13
Ethereum co-founder Vitalik Buterin has shared a crucial update to the platform's roadmap, which sheds light on its ongoing evolution.
Ethereum trades at $2.6K, spiked 0.35% over the past 24 hours. The altcoin's daily trading volume plunged by 24.35%.
Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Avalanche (AVAX).
Robinhood, the popular trading platform, has recently announced a significant expansion of its service portfolio, introducing futures on Bitcoin and Ethereum. This move represents an important turning point for the company, which aims to capture a larger share of the cryptocurrency market and attract both institutional and retail investors.
After Coinbase, Kraken has launched its very own wrapped Bitcoin product.
Robinhood has announced plans to expand its cryptocurrency offerings by introducing futures trading for Bitcoin and Ether.
ETH enjoys a bullish market as Buterin announces future plans.
Ethereum, the second-biggest cryptocurrency, has lagged behind Bitcoin this year amid slow growth of its exchange-traded funds and competition from other layer-1 and layer-2 blockchains.
The most popular meme cryptocurrency, Dogecoin (DOGE), continues to see interesting developments, not only on the price chart but also behind the scenes of the cryptocurrency scene.