Ethereum's week ahead could be very crucial for the altcoin's short-term.
Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.
The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.
Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer.
Some days ago, Ethereum (ETH) showed readiness to climb toward $3,000. But as last month neared its end, the momentum changed, leading the second most valuable cryptocurrency to drop below $2,600.
Solana (CRYPTO: SOL), launched in March 2020, has risen more than 15-fold, driven by a robust ecosystem supporting various meme coins. What Happened: In 2022, Jim Cramer labeled Solana and other tokens like Litecoin as "idiot investments" on CNBC.
The price of Ether (ETH) soared to a local high of $2,719 on October 30, marking its highest level in nearly 14 days. However, a strong rejection on Oct. 31 saw the second-largest crypto in the world tumbling to as low as $2,470 earlier today.
Ethereum (ETH) finds itself once again challenging the crucial $2,800 resistance zone, a level it hasn't breached since August. The digital asset has recently demonstrated slow yet steady progress, with bullish technical patterns forming.
Global investment firm Franklin Templeton's proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase's Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S.
Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, with Solana's DApps attracting $173 million across 29 funding rounds. The post Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter appeared first on Cryptonews.
A closely followed crypto strategist is suggesting that Ethereum (ETH) may be gearing up for a massive breakout. Pseudonymous analyst Inmortal tells his 218,100 followers on the social media platform X that Ethereum looks bullish after holding the $2,400 level as support on the daily timeframe.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
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The price of Ethereum (ETH) has slipped below the moving average lines after being rejected at a high of $2,723.
XYO's native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.
Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year's third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana's infrastructure and DeFi solutions, Messari writes.
Ethereum missed out on this week's crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months.
Sonic, a layer-2 blockchain for gaming on Solana, has announced partnerships with Solayer and Adrastea Finance aimed at expanding the Solana restaking ecosystem. The Sonic SVM team revealed it was joining forces with the Solana (SOL)-based protocols on Oct.
UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,' the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS.
The cryptocurrency has wiped out ~80 billion from its valuation this week. This highlights a strong selling pressure within the crypto space. Following this, top tokens such as Bitcoin, Ethereum, and Ripple have recorded a notable correction in their respective portfolios. Will the top cryptocurrencies regain momentum with the U.S.
UBS Asset Management has launched the UBS USD Money Market Investment Fund Token, or uMINT, on Ethereum's blockchain. Targeted at institutional investors, uMINT offers a secure, conservative digital investment in high-quality money market instruments, aligned with UBS's broader blockchain strategy. The post UBS Asset Management Debuts Tokenized Money Market Fund on Ethereum appeared first on Cryptonews.
Solana has fallen by 4% today, but its performance over the past month has raised the possibility of it flipping Ethereum. The post Solana Surges While Ethereum Stalls – Is a Breakout on the Horizon for SOL? appeared first on Cryptonews.
The M2 exchange was exploited for $13.7M in ETH, BTC, and SOL. The hacker still holds the ETH and BTC, while moving most of the SOL out of the initial wallet.
Immutable's IMX token is down by 14% on the day, and has cooled by 68% since hitting its 2024 peak in March.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears to be a perfect buying opportunity as whales and institutions are heavily accumulating. On November 1, 2024, a blockchain-based transaction tracker Lookonchain made a post on X (previously Twitter) that a smart trader had purchased a significant 7,483 ETH worth $18.8 million.
Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation.
The Ethereum Foundation launched the Argot Collective — a long-term, non-profit organization for Ethereum software development.
With Solana ETF approval on the horizon, three Solana-based meme coins are gaining traction. Each offers unique growth potential, but one stands out with its powerful ecosystem, deflationary model, and innovative features, appealing to a growing altcoin market.
As it turns out, thanks to a report from Whale Alert, a massive 50,000 Ethereum (ETH) tokens have just landed on the world's largest cryptocurrency exchange, Binance. What is fascinating, though, is the fact that the sender is an unknown entity, according to the initial report.
TL;DR Sonic SVM and Solayer team up to increase Solana delegator rewards. Adrastea introduces liquid resttaking option on the Solana network. The collaboration seeks to encourage participation and security within the Solana ecosystem.
Layer-1 (L1) blockchain Solana saw a surge in user demand in October. During those 31 days, Solana's monthly user activity climbed to its year-to-date high.
A smart trader with a remarkable trading track record bought $18.8 million of Ethereum (ETH) today, November 1. This action highlights an extremely bullish stance from the smart trader, who currently has a 100% win rate with ETH.
Ethereum price has remained under pressure as exchange reserves rise, ETF inflows stall, and its market share in decentralized finance declines. Ethereum (ETH) was trading at $2,550 on Friday, Nov.
Just image - you would have made a 111% ROI if you bought Bitcoin a year ago. If you bought it a month ago, your investment would have increased by over 4%.
Sonic SVM, a Solana (SOL)-based Layer-2 (L2) platform, has partnered up with Solayer to increase rewards for Solana delegators, while Adrastea, a new partner in the ecosystem, is introducing liquid restaking on Solana, as reported to Finbold on Friday, November 1.
Solana (SOL) has reclaimed the $180 level, showing resilience by bouncing off the $162 support zone. Currently trading at $180.45, Solana has recorded an 11% surge from this key level, prompting discussions around whether the altcoin can push towards the significant $200 threshold.
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum's liquid staking ecosystem.
UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients. According to a Nov. 1 statement, the new product — the “UBS USD Money Market Investment Fund Token” or “uMINT” — offers clients an innovative investment solution.
The fund is available on Ethereum blockchain and will only be distributed by authorized partners only.
Canary Capital, founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.
Market analysts predict that Ethereum could fall below $2,000 to trade at the $1,500 level. While others remain optimistic on an ETH bull rally.
Ethereum's All Core Developers Consensus Call #145 focused on updates for Pectra Devnet, PeerDAS, and a new EIP proposal, highlighting ongoing development efforts.
The price of Solana (SOL) is correcting upwards and remains in a sideways trend. The cryptocurrency has reached a high of $183, but is now falling again.
Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
The SOL ETF application marks Canary Capital's third ETF submission in October.
WisdomTree, a major ETF provider in the United States has made headlines with its latest Bitcoin and Ethereum transfers. This follows as the top two cryptos witnessed sharp price declines over the last 24 hours. However, the fund manager still holds a significant amount of BTC and ETH raising speculations over further dip ahead.