Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency's current performance.
Ethereum faces sustained bearish pressure with declining market volume and volatility. Whales steadily accumulate ETH, indicating long-term bullish expectations.
Ripple Labs, the crypto payments giant, has initiated a massive XRP transfer to an unknown wallet. This mysterious movement of funds has sparked concerns in the community as members speculate about the reason behind the transfer.
Ripple's price demonstrates a willingness to rally higher on both the USDT and BTC pair. Yet, there are still some significant levels the market should overcome.
Ethereum's price has been trending lower over the past few months but has found support at a critical level. Meanwhile, the market is yet to demonstrate a bullish shift.
Solana price rose above $130 on Sept 11, up 13% in 7 days, on bullish tailwinds from news of Grayscale adding XRP to its cryptocurrency trust offerings.
“It doesn't matter if I invested, or if you're my friend; stage 1 or bust,” he said in a recent tweet. Here's what that means.
Bitcoin has seen substantial gains this year, Ethereum has struggled, falling to a 40-month low in its ETH/BTC trading pair. Here's a closer look at the factors contributing to Ethereum's lag behind Bitcoin:
Ethereum rebounds; mining wallets and technical indicators point to potential growth.
XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.
Ripple moved $85.50 million worth of 150 million XRP tokens this Friday morning for the company's first September sale. The sell-off happens as the XRP price shows signs of a slight recovery month-to-date, creating some opposing selling pressure.
A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well.
Ethereum (ETH) has risen by 2%, now trading at $2,368 in the past 24 hours. However, Ethereum exchange-traded funds (ETFs) continue to struggle, seeing another day of outflows totaling $20.14 million.
Earlier in August, the XRP community got some positive news when the court ruled that Ripple Labs should pay a $125 million fine to the United States Securities and Exchange Commission (SEC) for selling unregistered securities. However, the regulator has been unhappy with this decision, leading to an appeal of the court's decision.
According to CoinMarketCap data, XRP, the seventh largest cryptocurrency by market cap, is witnessing a 115% surge in trading volumes.
This is how Ripple's legal battles and Grayscale's XRP Trust launch are shaping the future of XRP and the crypto market
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum's price has remained close to the key resistance at $2,400.
The Ethereum price has dropped by 1% today, slipping to $2,347 as the cryptocurrency market loses the same percentage in the last 24 hours.
Ripple, Coinbase legal heads caught off SEC's crypto blunder.
Top asset manager Grayscale Investments shocked the crypto community when it unveiled its XRP Trust earlier this week. After closing the fund in the wake of the Ripple Labs versus United States Securities and Exchange Commission (SEC) lawsuit, relaunching this product still made it the first of its kind on U.S. markets.
The crypto market is on high alert right now, as nearly $1.6 billion worth of Bitcoin and Ethereum options are set to expire today at 1:30 PM IST. What this development indicates is a chance for a sharp increase in market volatility. Let's have a closer look at the possible implications.
Data from blockchain analysis firm IntoTheBlock indicates that Ethereum whales have been gradually increasing their holdings since 2019. This trend accelerated notably after the Shanghai upgrade in early 2023, which allowed users to withdraw staked Ether.
"Traders should monitor medium-term reversal indicators such as RSI and Stochastics," to catch signs of assets being oversold, said 10X Research.
Blair Campbell, a well-known crypto marketing specialist, has ignited excitement in the XRP community by predicting that a U.S.-listed XRP ETF could launch within four to eight months. Campbell's confidence stems from the latest developments with Grayscale Investments, which recently launched its Grayscale XRP Trust.
OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.
The recent launch of Grayscale's XRP Trust has added to the positive sentiment surrounding XRP.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
After digital asset manager Grayscale announced the launch of an XRP Trust, possibly a strategic step toward the first XRP (XRP) spot exchange-traded fund (ETF) in the United States, artificial intelligence (AI) models have offered XRP targets if an XRP spot ETF truly happens.
Ripple's recent transfer of 150 million XRP, worth around $85 million, to an undisclosed wallet has created significant speculation within the cryptocurrency community. This transaction, completed on September 13, 2024, was tracked by Whale Alert and has stirred discussions due to its scale and timing.
The SEC is in the news again as Ripple's chief legal officer, Stuart Alderoty, took to social media to criticize the agency's inconsistent approach to cryptocurrency regulation. It is not the first time the agency has been criticized in the crypto space.
James Fickel reduces ETH/BTC exposure, swaps 5K ETH for WBTC. Fickel faces $38.5M loss after aggressive ETH/BTC trades.
Ripple CEO Brad Garlinghouse expressed pleasant surprise over Grayscales creation of an XRP Trust, emphasizing that XRPs regulatory clarity in the United States sets the stage for market growth. He anticipates the cryptocurrency space will expand as more assets gain legal recognition.
XRP is today's top gainer from the larger-cap alts after Grayscale's announcement.
The XRP price performance has been the talk of the market since the beginning. More importantly, XRP is among the top 10 cryptocurrencies in the market despite its continuous poor performance amid the Ripple vs SEC lawsuit, which began in 2020.
Ethererum's current funding rate, approximately 0.0056%, has returned to levels seen in September 2023, after which the ETH price has reached 166% in six months.
Ethereum price has been struggling with its price despite most of the crypto market managing losses. ETH price dropped 40% between May and August despite a spot Ethereum ETF launching in June.
Ethereum's Vitalik Buterin has made a move, and it could have some implications.
He publicly announced that he will no longer consider projects that do not demonstrate being decentralized.
The Ethereum price underwent a 20% pullback in the past couple of weeks as the bulls failed to hold the levels above $2,700. Although they have confirmed a rebound from the lower support zone, the bearish influence over the token does not appear to have faded yet.
Bitcoin ETFs rebound with $39M inflows, Ether ETFs in trouble.
RP price surges 10% as Grayscale relaunches its XRP Trust, with technical indicators targeting $0.60. The Fed's upcoming rate decision could trigger the bullish outlook.
The latest update from Cheeky Crypto focuses on Ripple's ongoing clash with the SEC and its impact on XRP. Ripple recently won a partial victory when the Court ruled that XRP sales to retail investors are not securities, giving XRP a temporary boost. However, speculation that the SEC may appeal this decision creates pressure on XRP prices.
With a massive surge to create a new bullish engulfing candle, the broader market sentiment for XRP improves overnight. As the XRP price jumps with a major announcement from Grayscale, the altcoin is ready for a breakout rally. Will this breakout rally lead to a new surge above $0.
XRP News: American blockchain payments company Ripple set off waves of speculation on Friday with its massive 150 million XRP transfer. The blockchain firm's massive transfer emerged in tandem with a remarkable 6% upswing in XRP price today.
XRP's sideways drift continues after Monday's 4.35% Surge to $0.5681, what next? Crypto analyst Cryptoinsightuk in his X post has chimed into the XRP movement in the coming days. The market is rejoicing with the legal outcome of the Ripple vs SEC case and expects a breakout within the next few months.
Ethereum network activity is surging across multiple metrics, leading analysts to project significant price growth soon
Spot Bitcoin exchange-traded funds in the U.S. experienced inflows on Sept. 12, a reversal from the previous day, while Ether ETFs saw their second consecutive day of outflows.
With Bitcoin and Ethereum already dominating the ETF race, investors have been eagerly speculating on which crypto would be next in line for regulatory approval. Everyone thought Solana would be the next big crypto to get an ETF.