The looming sale of up to $1.3 billion in Ethereum seized from PlusToken could “dramatically increase selling pressure,” analysts said.
The crypto market has displayed a stable price action over the past week, indicating a cool-off phase. However, during this period, top tokens have experienced increased adoption. This highlights a high possibility of a bullish reversal in the coming time.
According to Lookonchain, Ethereum creator Vitalik Buterin's address sold a large amount of meme coins again and received 257.1 ETH worth $636,000. The meme coins sold include MSTR, POPCAT, ITO, ETH6900, SATO and Milo.
Right now, the crypto arena is getting competitive again. This time, it is because of the rise of DTX Exchange (DTX) – a new ICO that has seen a 200% price jump. Since the presale is now in phase three, experts are very optimistic about its future potential.
Ethereum layer-2 network Base recorded 6 million daily transactions on October 12, shattering its record for most transactions in a single day set only a few weeks ago. The network's creator, Jesse Pollack shared the milestone on X, showing that the network recorded 6.1 million daily transactions, with an average of 5.
BlackRock's Larry Fink has outlined his plan for bitcoin, ethereum and crypto
Ethereum co-founder Vitalik Buterin recently addressed the thorny issue of transaction fees on layer 1 and layer 2 of the network. In the face of growing congestion, he proposes innovative solutions to balance costs and maintain the attractiveness of the crypto ecosystem.
The filing states that the agency's ruling deadline has been extended from Oct 19 to Dec 3. Cboe requested permission to offer options in August in their filing with the SEC.
By highlighting the necessity of an all-encompassing strategy for ecosystem unity, Ethereum co-founder Vitalik Buterin has once again set the tone for the network's future. Buterin emphasized the significance of creating an atmosphere where the Ethereum community feels united.
Widely followed crypto analyst Ali Martinez says that Ethereum (ETH) may be in for another correction if one critical support level breaks. Martinez tells his 74,000 followers on the social media platform X that $2,300, which is about a 7% correction away from current prices, is an important price level for ETH bulls to hold.
Chinese authorities have transferred 7,000 ETH to various exchanges, raising alarms among investors. This amount is part of a much larger stash—542,000 ETH—seized from the PlusToken Ponzi scheme back in 2018.
Ethereum developers discussed Pectra Devnet 4 preparations and potential EIPs in their latest core call. Key topics included slot time reductions and gas limit changes.
Uniswap [UNI], one of the biggest players in decentralized finance (DeFi), has recently caught the attention of the crypto market with an impressive price increase. At the time of writing, UNI is trading at $7.62, marking a 6.52% rise within a short period.
The cryptocurrency market continues to be a mixed bag of uncertainty and opportunity as Bitcoin (BTC) battles to maintain its footing. In contrast, Solana (SOL) is testing a vital support level, leaving investors wondering about the future of these digital assets.
Solana has hit several new milestones in the recent past, but the token might face trouble ahead.
The Ethereum price has noted highly volatile trading lately, moving between the $2,600 and $2,300 range. However, amid this, a prominent crypto market has highlighted a key support level, falling below which could trigger a further selloff in the Ether market, potentially dragging its price down.
Inflows are back for Bitcoin Spot ETFs, but what of Ethereum?
Solana (SOL) has faced a challenging month, marked by fluctuating prices and a general sense of uncertainty among traders. While the token has seen a slight gain of 3.43% overall, recent trading sessions indicate a more pronounced struggle, with SOL experiencing a modest weekly gain of only 0.45% and a daily decline of 2.43%.
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday's Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $253.54 million in total on Oct. 11.
Solana (SOL), one of the top cryptocurrencies, is showing signs of a potential breakout after days of trading in a narrow range. Investors and traders are closely monitoring its next move as it could significantly impact the market.
In line with the general crypto market, Ethereum (ETH) produced a positive price performance in the past day with a significant 4.50% gain, according to data from CoinMarketCap. Following this price rise, the altcoin moved its weekly profits to around 1.35% after what has been a turbulent trading week.
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group's Network Dominance Index.
ETH's MVRV score declined over the past month to a low of 1.22, dimming lights for a potential rally.
New reports have revealed that BlackRock, the world's largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.
The price of Ethereum (ETH) has been moving steadily below the moving average lines since October 1. ETH has held above the support levels of $2,300 and $2,400.
The weekend has started positively for most of the coins, according to CoinMarketCap.
The Ethereum Foundation launches five six-month research fellowships focusing on unexplored Ethereum use cases. Applications are open until November 15, 2024.
Ethereum currently trades at $2,463.82 with a 2.13% daily increase. A $Neiro trader missed a 16,690x potential return after selling early.
Uniswap's launch of Unichain threatens Ethereum's dominance by capturing transaction and MEV fees on its own blockchain.
The cryptocurrency market was quiet over most of the past week, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to make any mark. Solana was also among the top cryptocurrencies that failed to impress over the last seven-day period.
Recent findings from blockchain security company Scam Sniffer indicate that a user recently lost 15,079 fwDETH, valued at approximately $35 million, due to a phishing scam.
The cryptocurrency market is bracing for potential shifts that could significantly influence its trajectory. According to a recent report from Standard Chartered analysts, Solana (SOL) may see substantial gains if Republican candidate Donald Trump secures victory in November.
The cryptocurrency market grapples with a downturn, two prominent players, XRP and Solana, are feeling the brunt of increasing negative sentiment among investors. Recent data from Santiment, a market intelligence platform, reveals that both assets are experiencing significant bearish narratives, raising questions about their potential for recovery.
In a significant development, Coinbase's Layer 2 blockchain, Base, is on the verge of surpassing Arbitrum as the largest Ethereum Layer 2 by total value locked (TVL), a cryptocurrency metric used to measure the total value of digital assets locked or staked on a particular decentralized finance (DeFi) platform.
A balanced and predictable fees structure for both Layer-1 and Layer-2 solutions on Ethereum (ETH) is inevitable for the ecosystem, Ethereum (ETH) co-founder Vitalik Buterin says. A number of fee sharing models might be helpful in protecting Ethereans from "mixed economy" with extremely volatile tax rates.
Will fragmentation tear Ethereum's booming ecosystem apart? Vitalik Buterin urges “alignment,” but is it too late?
Ethereum's recent proposal, EIP-7781, sets out to enhance speed across the network. This modification reduces block times, significantly increasing transaction capacity by 50%. As Ethereum enhances its performance, Bitget Wallet delves into innovative territories with Grass AI, offering users a way to gain by sharing their spare bandwidth.
Real Vision's chief crypto analyst Jamie Coutts is saying that a top Ethereum (ETH) competitor may be on the verge of a massive breakout. Coutts says that the number of active Solana (SOL) addresses has soared by triple digits in percentage terms in the last three months, far more than other smart contract platforms.
Seasoned pseudonymous DeFi commentator who goes by @FigoETH on X shares his reasons to be bullish on Ethereum (ETH) in the long run. He indicates eight theses to debunk the anti-ETH FUD triggered by the upcoming launch of Uniswap's own blockchain.
The crypto space buzzes with excitement over three playful tokens on a popular blockchain, with potential for remarkable returns by 2025. #partnercontent
CYBRO is revolutionizing the DeFi landscape by harnessing the power of AI to maximize earning potential on the Blast blockchain.
Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.
In Friday's US trading session, the crypto market rebounded with renewed buying strength as the Bitcoin price spiked 4.34%. After a week-long consolidation, the bullish momentum uplifted most major altcoins, including SOL, to kick-start a sustainable recovery.
The potential sale of $1.3 billion worth of Ethereum (ETH) linked to the notorious Plus Token scam have stirred up anxiety within the cryptocurrency community. As investors closely monitor these events, a pressing question arises: how might this massive sell-off impact the price of Cardano (ADA), one of the leading alternatives to Ethereum?
The SEC has postponed its decision on listing spot Ethereum ETF options, moving the deadline to December 3.
The new spot Ethereum ETFs are having trouble gaining traction. Should you be concerned?
A cryptocurrency analyst and trader is saying that Ethereum (ETH) is primed to fall to levels last recorded in late 2023. The analyst pseudonymously known as Capo tells his 104,092 Telegram subscribers that Ethereum could fall by over 26% from the current level. “Ethereum has been ranging between $2,000 and $2,800 for two months.