Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August. Since the beginning of September, Ethereum has mostly traded below $2,600, but this week brought a glimmer of hope for investors as it finally managed to break above the $2,600 threshold.

Dogecoin shows strong signs of a breakout, but network activity holds the key.

El Salvador, a nation that has embraced Bitcoin as a cornerstone of its economic strategy, has achieved a remarkable milestone: it is now ranked as the 8th safest country in the world. This transformation is largely attributed to the policies implemented by President Nayib Bukele, who has taken a firm stand against crime and violence in the country.

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it's adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products.

The price of Ethereum's native token, Ether (ETH), has struggled to gain upside momentum since the beginning of 2024. The world's second-largest crypto by market cap even recently hit an over 42-month low against Bitcoin (BTC).

SHIB price has been on the move recently, with a sharp rise in its 7-day MVRV ratio indicating that many holders are in profit. Whale activity has been cautious, with only modest accumulation, which could limit further price gains.

Shiba Inu (SHIB) could be on the verge of massive growth amid the team's efforts to expand utility. SHIB is currently the second-largest meme coin, with more than $10 billion in market capitalization.

Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?

In a Thursday interview with CNBC's Squawk Box, Securities and Exchange Commission (SEC) boss Gary Gensler reiterated that Bitcoin does not qualify as a security under his agency's regulatory purview.

Swan Bitcoin's mining arm is suing its former employees for allegedly stealing the “crown jewels” of its billion-dollar Bitcoin mining business to power a “copycat” firm.

According to data from CoinGecko, among the top ten major cryptocurrencies by market value, Solana (SOL) has registered considerable gains over the past seven days (7.5%), even surpassing Bitcoin's 1.8% growth.

SEC's Gensler suggests BNY Mellon's crypto custody model might expand to include a wider range of digital assets. The post Gensler suggests BNY Mellon's crypto custody model could expand beyond Bitcoin and Ether ETFs appeared first on Crypto Briefing.

Ethereum struggles to add new addresses to its network, currently holding just 78000 new addresses.

On September 27, 2024, the overall cryptocurrency market experienced a price reversal amid this Shiba Inu (SHIB) outperformed major cryptocurrencies with its impressive performance. According to the coinmarketcap data, SHIB has experienced a significant price surge of over 20% in the last 24 hours and is currently trading near the $0.0000187 level.

Bitcoin (BTC) is currently testing a key resistance level at $65,000 that is “pivotal” to market sentiment, according to a recent report published by Kraken on Sept. 26. The report noted that Bitcoin has reclaimed all its major moving averages, which could lead to continued bullish momentum in the coming days.

Here's the top trending stories in crypto in the past 48 hours

Avalanche (AVAX) price is showing signs of a potential breakout as long-term holders surge and short-term traders decrease. With the price currently hovering around $29.26, AVAX is approaching two key resistance zones that could determine its next move.

For the past five days, the Bitcoin price has remained locked in a narrow range between $62,000 and $64,000, following a surge of bullish sentiment triggered by the US Federal Reserve's (Fed) decision to cut interest rates on September 18. This pivotal move by the Fed has sparked optimism among investors.

The commercial paper, issued via Amp.Fi Digital, is the latest example of a tokenized real-world asset launched by a traditional finance giant.

Bitcoin's strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support.

Just $6 million remains in the main wallet of the WazirX hackers, with most of the funds dispersed and mixed to make them harder to track.

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated that Bitcoin is not classified as a security, providing a critical clarification amid ongoing regulatory scrutiny of the cryptocurrency industry. Speaking in an interview on CNBC's Squawk Box on Sept.

Shiba Inu ecosystem is gearing up for another significant milestone as the project's team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community.

A recent research report by Sam Callahan, commissioned by Lyn Alden, explores the strong correlation between Bitcoin's price and global liquidity. Sam Callahan is a prominent figure in cryptocurrency, particularly known for his expertise in Bitcoin.

Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.

The price of Bitcoin has been a heated issue recently since different financial institutions project different future images of it. Bitcoin is valued about $63,000 as of September 26, 2024; it shows some consistency following previous swings.

A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX.

A Genesis creditor conducted a large Ethereum sale, signaling a crucial development in the ongoing liquidation process. This creditor is the largest recipient of the Genesis Trading bankruptcy proceedings.

Pseudonymous veteran trader DonAlt is cautious about the prospects of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) but remains bullish on their near-term future. What Happened: In the latest episode of the Technical Roundup podcast, DonAlt said that Ethereum has been underperforming Bitcoin significantly but hasn't completely “washed out” yet.

While the crypto community awaits Sunday's release of the former Binance CEO Changpeng Zhao, Binance Coin (BNB) buyers appear increasingly cautious. CZ will be a free man from 29 September after completing his fourth-month sentence. Meanwhile, BNB has experienced reduced buying volume over the last few days, with buyers hesitating to execute massive positions.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Andy Baehr of CoinDesk Indices discusses the catalysts behind bitcoin's recent rally and the rate of adoption of digital assets among institutions.

Global liquidity injections and low interest rates could drive Bitcoin to new highs, but inflation and economic instability pose significant risks. The post Bitcoin eyes new high as China joins Fed with pandemic-level stimulus appeared first on Crypto Briefing.

Since Bitcoin broke above $60,000, Funding Rates have spiked, and have been predominantly positive.

For the first time in nearly two months, Bitcoin (BTC) has surpassed the $65,000 mark, marking a significant recovery following two notable downturns in August and September. During these crashes, Bitcoin experienced a steep decline of 20% on two separate occasions, specifically on August 5 and September 6.

As the altcoin market witnesses a resurgence in activity, tokenized real-world assets (RWA) are worthy of your attention as a trader.

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP's price.

The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.

Key points:

Some eagle-eyed members of the XRP community recently spotted a bewildering transaction on the XRP Ledger.

Bitcoin (BTC) moves in sync with global liquidity 83% of the time, surpassing all other major asset classes, according to a report by venture capitalist Lyn Alden.

Key points:

Dogwifhat (CRYPTO: WIF) is up 8% on the day and 26% on the week, closely following its rival Shiba Inu (CRYPTO: SHIB) as traders see more upside playing out shortly. What Happened: On-chain data provider Lookonchain shows a major WIF holder borrowing 2 million (CRYPTO: USDC) from the Solana (CRYPTO: SOL) DeFi protocol Kamino to buy an additional 894,854 WIF at $2.24 each.

Long-time crypto bull Anthony Pompliano is predicting Bitcoin (BTC) will soar over the coming months due to one main factor.

Ethereum (ETH) burns quietly surge over the past week.

Core's TVL has jumped from near-zero in early 2024 to its current position, taking the top spot over other Bitcoin L2 solutions like Rootstock and Bitlayer.

A crypto analyst has just confirmed an impending Bitcoin (BTC) crash, pointing to the formation of a bearish descending triangle formation on the cryptocurrency's price chart. With Bitcoin's price holding strong above the $60,000 mark, the key question now is how low this anticipated downturn is.

Bitcoin, Shiba Inu and Cardano are 3 of the cryptocurrencies with the highest demand in the market today. Although they are very different from each other, they are all going through a moment of great growth and development that have allowed massive adoption.