A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart.

SOL and BNB are battling for rank #4. While SOL currently holds the edge, a new ATH above $260 could cement its lead.

Bitcoin just made a new all-time high, but ether is the real winner here.

Ethereum (ETH), one of the most established cryptocurrencies in the market, has witnessed an impressive rise in value over the past few years. With its decentralized network enabling smart contracts, decentralized finance (DeFi), and other innovative blockchain solutions, ETH has become a staple of the crypto ecosystem.

SOL is up more than 20% this week, and data suggests that the rally will continue.

Crypto researcher Tom Wan believes that enabling staking for spot Ethereum exchange-traded funds (ETFs) could boost inflows and attract more investors to the digital assets products. The former 21Shares analyst shared this opinion on X (formerly Twitter), noting Ethereum ETFs have yet to live up to their true potential.

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.

Coinbase has just announced cbBTC, the very first Bitcoin-backed token on Solana. The newly minted SPL token is backed 1:1 by Bitcoin and held in Coinbase custody.

Tether reallocates $2 billion USDT to Ethereum, highlighting strategic liquidity moves and reaffirming its market dominance amid shifting blockchain demands.

Solana (SOL) increased its fee production, reaching a new record in October. The chain surpassed Bitcoin (BTC) in fee production on a monthly basis.

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TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09% and 6.20%, respectively. The platform continues to improve its PoR with advanced technologies such as zk-SNARKs and provides a complete representation of assets, liabilities, and collateral.

Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution.

Ethereum experienced a strong start to November, triggered by a $500 million influx into the cryptocurrency market following Donald Trump's election win. The recent rise in Ethereum's price has led analysts to speculate about the start of a bull run.

Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains.

The Ethereum network is preparing for the Pectra upgrade to go live on the mainnet in the first quarter of 2025 through the Mekong testnet.

Peter Brandt, considered by many to be a trading legend, who has been active on the financial markets since the 1970s, recently shared a fresh perspective on the price performance of two major altcoins: Ethereum (ETH) and Solana (SOL).

The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader's perspective.

Ethereum and Tron are building positive momentum and are ready to surge higher, while Sui has reached record levels following the U.S. election

Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors.

Mekong testnet allows developers to test UX and staking updates ahead of the Pectra upgrade. Stakers can experiment with new deposit and withdrawal workflows.

Eclipse Foundation announced on Nov. 7 that Eclipse, a Solana Virtual Machine-powered layer-2 on Ethereum, had launched its public mainnet.

An Ethereum whale with a dormant account since 2016 recently reactivated to sell 11,005 ETH, earning a $30 million profit as Ethereum prices surge. The transaction highlights Ethereum's long-term investment appeal amid rising crypto market optimism. Analysts weigh in on Ethereum's potential for continued growth. The post Dormant Ethereum Whale Reactivated After Eight Years, Makes $30 Million from Trading appeared first on Cryptonews.

The price of Ethereum (ETH) has risen significantly and has crossed the moving average lines. Ether has risen to $2,700 and is approaching the resistance of $2,850.

Mattereum may move to Washington D.C., which would mark a reversal of the trend of crypto companies threatening to leave the U.S.

World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1 million in unrealized gains following a muted token sale last month.

A dormant Ethereum whale with $1.14B in ETH began selling today, offloading $37.38M in six hours.

Two of Ethereum's long term holders have sold $89.72 million worth of ETH as transfers into exchanges spikes.

This short-term testnet lets developers try out new features that focus on improving user experience (UX). It also aims to make Ethereum easier for people who “stake” or help secure the network.

Elevated interest rates in the U.S. have dented ether's appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

TL;DR Ethereum has seen a 7.39% increase in the last 24 hours, reaching a price of $2,811.13. Experts, such as VanEck's Matthew Sigel, believe that Ethereum could be “oversold” and that a significant rally is ahead. Technical analysis suggests that Ethereum needs to break above the $2,876 resistance to reach $3,000 and potentially $3,300.

TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.

The Bitcoin price has achieved a new ATH during the early Asian market today. This has resulted in the altcoin market experiencing a similar price trend. With fear and greed indicators turning extremely bullish, the crypto space hints at a potential bull market in the coming time.

Solana has remained largely flat today, yet analysts are predicting that its recent momentum will be enough to propel it to a new ATH soon. The post Millionaire Trader Predicts Solana Breakout: $420 Target Once SOL Tops $200 appeared first on Cryptonews.

Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.

TL;DR Mekong testnet launched as a testing platform for the Pectra fork changes on Ethereum. The testnet is designed for wallet developers and stakers to test new features before their implementation on Ethereum Mainnet. Mekong is temporary and will not affect other Ethereum networks like Holesky or Sepolia.

The Ethereum Foundation has released the Mekong Testnet in preparation for the Pectra fork upgrade.

As Bitcoin (BTC) entered the price discovery phase following the historic victory of Donald Trump and other pro-crypto candidates in the US Senate and House of Representatives, the altcoin market – led by Dogecoin (DOGE), Ethereum (ETH), and Solana (SOL) have gained significant bullish momentum.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a cornerstone of the cryptocurrency market. Recently, it saw a notable 8.8% price increase in just 24 hours. This has led experts, like Matthew Sigel, Head of Digital Assets Research at VanEck, to believe that Ethereum may have been oversold.

The role of Ethereum in the stablecoin market is growing again.

The Ethereum Foundation has introduced the Mekong Testnet, a short-term testing environment designed to allow developers to explore new features from the upcoming Pectra upgrade before its mainnet release. In a blog post on Nov. 7, the Foundation said the Mekong Testnet incorporates all Ethereum Improvement Proposals (EIPs) intended for Pectra.

The price of Solana (SOL) has risen above the $164 barrier twice as the altcoin attempts to break out of its sideways trend.

The recent win of Trump in the US election has surges the growth of crypto tokens. On November 6, SOL touched $188 and displaced BNB coin from its fourth position. It has been moving in an upward channel for quite some time.

More Ether-related ETFs could help ETH prices rise above the old all-time high of $4,800, recorded nearly three years ago.

Ethereum Foundation launches Mekong testnet for devs to experiment with new features before the Pectra hard fork.

In the latest development, the Ethereum Foundation has announced the launch of the Mekong testnet, marking a significant step towards the upcoming Pectra fork.

Ethereum Foundation on Thursday announced launch of its first short-lived Pectra testnet ‘Mekong.' This testnet includes all the EIPs proposed for the upcoming Pectra upgrade on the Ethereum network.