Analyzing the timing: what prompted the diamond-handed Ethereum holder to initiate the sell-off?
Scammers keep targeting the SHIB community: here's the latest danger.
Ethereum is still the most developed on-chain economy, with a symbiosis between apps, block producers and block builders. Ethereum apps still transfer the most value and produce the most significant fees.
In recent market movements, both Bitcoin (BTC) and Ethereum (ETH) have shown significant influence over various altcoins, with one standout being GoodEgg (GEGG), a new AI-based social scoring cryptocurrency that has rallied an impressive 191%. The market dynamics of Bitcoin and Ethereum have been closely watched as they remain the two most influential cryptocurrencies globally.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a tumultuous period lately. Over the past month, the digital asset has dropped by 11%, with its price currently hovering around $2,300, according to Coin Gecko data.
The 7-day moving average (7DMA) for daily staker revenue on Ethereum recently fell to a six-month low.
Bitcoin's failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Lucie, the marketing lead for the Shiba Inu ecosystem, has addressed concerns about the token's large supply, which a user had described as a “major disadvantage” for the SHIB community. She revealed plans to reduce it soon, generating optimism within the community that could potentially fuel a price leap for Shiba Inu's native token, SHIB.
Ethereum (ETH) has underperformed against Bitcoin, with the ETH/BTC trading pair dropping to the lowest level since mid-2021. The decline comes as ETH price continues to struggle amid a decline in demand and a lack of interest from whales.
Which one is likely to hit the $1 mark first? Let's dive deep into Dogecoin vs.
Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors' interest.
TL;DR Vitalik Buterin emphasized at Ethereum Singapore the importance of individual staking for the network's security and decentralization, highlighting that it prevents the concentration of power. Staking in Ethereum 2.0 requires at least 32 ETH, but many users turn to centralized services, which can increase vulnerabilities in the network.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Now, the question is will the SHIB price reach $1 after Bitcoin halving? Let's take a look at this SHIB Price prediction article.
Ether's price hovers around a three-year low against Bitcoin, lagging behind BTC's 2024 performance. ETH is only 0.015% above its Jan. 1 level, while Bitcoin has soared by about 37% this year. As Ethereum is now at its weakest level against Bitcoin, investors might switch their focus toward Bitcoin.
ETH is feeling the impact of BTC's latest dominance spike, as sell pressure wipes out last week's gains.
TL;DR Rebound in Investment Flows: Inflows of $436 million into digital asset investment products, following a series of outflows of $1.2 billion. Bitcoin in the spotlight: Bitcoin attracted $436 million in inflows, recovering from a streak of outflows. Challenges for Ethereum: Ethereum continued to see outflows of $19 million due to concerns about its profitability.
On September 16, 2024, during the Ethereum Singapore conference, Vitalik Buterin, co-founder and main face of Ethereum, highlighted a crucial aspect for the network: the importance of personal staking.
Hinkal Protocol, a multi-chain privacy layer for confidential on-chain transactions, said it is launching “hETH” 一 an ETH liquid privacy derivative.
Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns.
TL;DR Matrixdock officially launches its new gold token, XAUm, on September 16, 2024. XAUm is backed by physical gold with a minimum purity of 99.99% and meets LBMA standards. Users can purchase XAUm using USDT or USDC and redeem it for physical gold in Hong Kong and Singapore.
According to CoinGlass, the volume of derivatives trading on the popular meme-inspired Shiba Inu (SHIB) cryptocurrency has more than doubled in the past 24 hours.
The next major Ethereum update, Pectra, is already sparking heated debates within the crypto community. Intended to improve the network's efficiency and scalability, this crucial update might, however, be split into two.
Bulls have failed to hold the weekend's rise, according to CoinMarketCap.
Discover how First Neiro (NEIRO) skyrocketed after its Binance listing and explore potential altcoins like SUNDOG, Cate (CATE), and PepeFork (PORK) that could be next in line for major growth. Learn about key resistance levels, market trends, and opportunities in this detailed
Ethereum (ETH) is seeing intense bearish pressure today along with the broader crypto market. Moreover, recent whale movements are adding to this negative sentiment on the market.
In this ongoing bearish market sentiment, the price of First Neiro On Ethereum (NEIRO) has skyrocketed by 850%, rising from $0.00003612 to $0.000415 following its listing announcement on Binance.
Shiba Inu marketing expert Lucie has taken to her account on social media platform X (widely popular as Twitter before 2023) to share some backstage secrets of some centralized cryptocurrency trading platforms - particularly regarding how they approach the listing of new tokens.
Explore the critical differences between Ethereum ETPs and ETFs, their implications for the crypto industry, and the broader financial market.
An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock.
Circle is "thrilled to partner with Sony Block Solutions Labs to reimagine how innovation thrives in the digital economy,” said CEO Jeremy Allaire.
Over the last 24 hours, Ethereum declined by 5.41%. Despite the prevailing bearish trend, an analyst predicts a rally.
Ethereum's (ETH) performance relative to Bitcoin (BTC) has seen a sharp decline since July 24, with the ETH/BTC pair now at its lowest point in three years. As market sentiment for ETH turns increasingly bearish, many analysts predict further declines in the coin's value.
With a correction of ~5% over the past 24 hours, the Ethereum price has recorded the highest loss among the top 14 cryptocurrencies by market capitalization. Moreover, it is on the verge of breaking down its $2.3k level, indicating increased bearish sentiment in the market.
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows.
As the cryptocurrency market braces for the next Bitcoin bull run, experts are looking at several altcoins poised to benefit from the uptrend. Notable tokens such as Shiba Inu (SHIB), Dogs (DOGS), and Rexas Finance (RXS) have caught the attention of analysts and investors alike.
There is a clear performance difference between Bitcoin and Ethereum ETFs based on recent data. Since their launch, Ethereum ETFs have experienced a net outflow of 189,200 ETH, while Bitcoin ETFs have experienced a sizable net inflow of 305,000 BTC, marking a massive contrast between the two assets.
Ethereum continued its freefall against Bitcoin, falling to its lowest level since April 2021. It has dropped by over 55% from its highest point in 2021.
The Rollup Coaster #31 delves into Ethereum's advancements, focusing on rollups, zero-knowledge proofs, TEEs, MEV/PBS, and more, according to Taiko.
Market intelligence platform IntoTheBlock has revealed that a huge number of Ethereum (ETH) holders are currently in profit. Despite the bearish pressure on the market, about 61% of holders are profitable.
The latest metric suggests that ETH's price may not be severely affected by the current downtrends.
While complex trading strategies are often associated with high profits, a recent Ether (CRYPTO: ETH) whale's straightforward approach proves that simplicity can also yield substantial returns. What Happened: In February 2016, when Ether was trading at around $5 per token, an investor purchased 16,636 ETH through the crypto exchange ShapeShift, according to Chinese crypto data account EmberCN.
Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.
The Ethereum price sustainability above $2000 psychological level has sparked optimism about a potential bottom formation in the crypto market. Reduced selling pressure from retail traders and increasing accumulation by large holders supports a bullish outlook, and potential recovery ahead.
Story Highlights Bitcoin Price Update: BTC price falls below $60k, holds on to $58k level. Ethereum Analysis: ETH price loses its firm hold at the $2,400 level. Altcoin Watch: SUI, FTM show gains, while CKB, FET prices slump. The cryptoverse has commenced the week on a bearish note.
Shiba Inu marketing lead Lucie has recently shed light on why Bone ShibaSwap (BONE) token is not yet listed on major crypto exchanges despite being a prominent player within the SHIB ecosystem. The marketing lead on Monday revealed that the SHIB community never pushed for any listings financially, while other projects continued to do so.
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there's a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
Two years after Ethereum's Merge, the network faces scalability and fee challenges despite environmental benefits.