The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is displaying bullish signals that suggest a potential upside rally. Recent trends indicate a substantial amount of ETH has been withdrawn from exchanges, coupled with favorable on-chain metrics that could set the stage for significant price movements.
Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.
In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794. As BTC rallied by over 8.
The first public testnet for =nil; protocol, an Ethereum layer-2 that uses zero-knowledge sharding, is now live. =nil; Foundation announced the testnet v1 on Oct.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ethereum has been lagging Bitcoin's rally by 50%. A break below $2121 targets $700-1000.
Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum's potential to break out.
Ethereum (ETH) has seen a remarkable surge in activity recently, with over 300,000 tokens withdrawn from exchanges within a single week. This significant movement coincides with ETH's price stabilization around the $2,500 mark, suggesting a potential change in investor sentiment that could influence the cryptocurrency's trajectory moving forward.
Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.
TL;DR Morph Public Chain has officially launched its platform on the Ethereum mainnet, improving the accessibility of blockchain technology for everyday users. During the test phase, it registered over 6 million addresses and completed over 100 million transactions, with more than 200 projects implemented on the platform.
Ether (ETH) has established itself as the industry's second most valuable cryptocurrency after Bitcoin for many years. The notion of BTC as “digital gold” has gained traction, with Ethereum often dubbed the “digital silver.
TL;DR The =nil; Testnet v1 is now available to all developers. This testnet represents a step towards an L2 that combines appchain scalability with monolithic composability, based on zkSharding. Improvements have been made to the developer experience and concrete examples are provided to make the network easier to use.
Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing promising signals for a bullish rally. Recent metrics and price action suggest Ethereum could be on the cusp of a significant move upward, potentially pushing toward $2,800.
TL;DR Starknet hit a new record of 857 TPS on its mainnet during a stress test. The test averaged 127.5 TPS over a 24-hour period, showing its potential for high-demand applications. StarkWare CEO Eli Ben-Sasson says Starknet's scalability is real and further developments are expected by 2025.
Ether {{ETH}} is primed for a period of upside price action after underperforming against bitcoin {{BTC}} in recent weeks. Skeptics have claimed that the emergence of layer-2 networks has seen Ethereum fall out of favor among DeFi traders, but the data tells a different story.
This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One's Soaring While the Other's Struggling It's an exciting time in crypto.
Ethereum co-founder Vitalik Buterin has outlined “The Splurge,” an initiative aimed at enhancing the Ethereum Virtual Machine (EVM) through various protocol upgrades.
In some sense, the protocol is keeping Ethereum's original vision of using sharding to scale the network alive.
The consumer-grade public chain Morph officially debuts on the Ethereum mainnet, enhancing blockchain accessibility.
RCO Finance is making a big impact in the crypto world with its innovative AI tool, designed specifically for trading Bitcoin and Ethereum. This advanced platform simplifies trading by creating personalized strategies tailored to each user's unique needs, making crypto trading more accessible.
As Bitcoin ($BTC), Solana ($SOL) and others have led the cryptocurrency fight-back, Ethereum (ETH) the number two cryptocurrency by market capitalization has seriously underperformed. However, now that $BTC has pulled back from its all-time high, $ETH has remained strong.
Although the broader crypto market outlook has been sideways, Ethereum price is traversing a smaller range. For the first time in the past 85 days, ETH has shown signs that it is edging closer to breaking out of this range.
This is a segment from the Empire newsletter. To read full editions, subscribe.
With the broader digital currency ecosystem in an uptrend, Ethereum's (ETH) performance has come to the fore. While Ethereum has not performed badly, many still consider its growth subpar, especially as Bitcoin almost retested its all-time high (ATH) recently.
PayPal, one of the biggest Fintech company with $82.5 billion in assets under management and 432 million customers, now holds more than $2.
Ethereum whales have been accumulating the asset as the Oct. 23 price drop brought a buying opportunity. According to data provided by IntoTheBlock, large Ethereum (ETH) addresses saw a net inflow of over 598,000 ETH over the past week—worth $1.
Why is Ethereum's price not surging? Will ever ETH price ever reach $3000 this quarter? Ethereum traders seem to be seeking an answer to the above as the Ethereum price is constantly failing to rise above $2,800.
The price of Ethereum (ETH) has risen above the moving average after hitting a low of $2,379. ETH price analysis by Coinidol.com.
Ethereum price has factored in a modest price increase in the last 24 hours. The altcoin's daily trading volume has decreased by 5.61% as per CMC data.
On-chain data shows that more institutional investors are more interested in Bitcoin compared to Ethereum but the narrative will change soon amid anticipated altseason.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
Fidelity's Ethereum ETF leads the market in institutional inflows, while Grayscale faces ongoing outflows, spotlighting key shifts in investor preferences in the Ethereum ETF space.
Lido has launched a new cross-chain staking system using Chainlink's CCIP technology, enabling users to stake ETH directly from Arbitrum, Base, and Optimism through a single transaction.
Ethereum (ETH) has had a challenging week, recording a significant drop of over 6%—the biggest decline among the top five altcoins. While some large investors, known as whales, are seizing this dip as a buying opportunity, the price action and market dynamics indicate that ETH could still slip further, potentially to $2.3K.
Despite being the most traded altcoin in the crypto market, Ethereum (ETH) has not performed to the expectations of many investors.
The asset management giant Fidelity takes the lead over its rival BlackRock in the race for Ethereum ETFs, with capital inflows reaching 5 million dollars. This remarkable performance comes after a two-day period with no notable activity, demonstrating a significant resurgence of interest from institutional investors in the second-largest cryptocurrency.
Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.
Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH.
Bitcoin pulled back from near-new highs Tuesday, while stocks rallied on Alphabet Inc.'s (NASDAQ:GOOGL) better-than-expected third-quarter earnings. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
Prominent Ethereum contributor ConsenSys has made a decision to downsize.
Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem.
The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year.
Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for Web3 and plans to continue supporting the Ethereum project.
Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.
For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,' Ethereum would be ‘digital silver.