The surge in Moo Deng's value highlights the volatile nature of memecoins and the significant influence of major exchange listings on market dynamics. The post Solana meme coin Moo Deng jumps 100% on Binance Futures listing news appeared first on Crypto Briefing.
Popular Bitcoin maximalist Max Keiser has once again launched a scathing attack on altcoins, claiming that major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP are destined to lose all value in comparison to Bitcoin (BTC).
This shift in market dynamics could lead to a reevaluation of ETH's value proposition, especially if Solana continues to gain traction.
Solana price's rally gained momentum as its ecosystem and on-chain metrics continued to perform strongly. Solana (SOL) token rose and retested the important resistance point at $180, its highest level since July 31.
Recently, Benjamin Armstrong, widely known as BitBoy Crypto, has made headlines with his bold assertion that XRP could potentially surpass Ethereum (ETH) in market capitalization by the year 2025. This claim has generated significant interest among investors and cryptocurrency enthusiasts alike.
Ethereum has been rejected from the crucial 100-day MA of $2.7K, indicating a bull trap. This price action hints at sellers' dominance, with the asset expecting to continue its descending consolidation stage toward the $2.1K threshold.
Ethereum price continues to struggle around $2,500, with the ETH/BTC trading pair reaching its lowest level since April 2021.
Ether's monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
The Japanese financial regulators are examining crypto exchange-traded funds (ETFs) for possible approvals following the U.S. regulator's greenlight to spot Bitcoin and Ethereum ETFs. Japan Group suggests that the local regulator in the country should mirror the U.S. regulator by focusing on the major crypto assets, Bitcoin and Ethereum, before considering other digital assets.
The crypto market regains momentum as Bitcoin (BTC) resumes its comeback. Amid rising sentiment, smart money doubled down on Solana (SOL) and IntelMarkets (INTL), a new AI crypto. Investors who rode the “Uptober” rally and made significant gains from Jupiter (JUP) are considering diversifying their profits—a smart move.
A colossal sum of 35,000 Ethereum (ETH) tokens has just been sent to the world's oldest cryptocurrency exchange, Bitstamp, according to a report by Whale Alert.
A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies.
"The massive bull flag on the weekly chart is playing out," one popular analyst maintained.
TL;DR Massive Expiration Event: Over $5 billion in Bitcoin and Ethereum options expire today, with $4.25 billion in Bitcoin options and $1.01 billion in Ethereum options, expected to cause significant market volatility. Market Sentiment Indicators: Bitcoin's put-to-call ratio of 0.66 suggests a bullish outlook, while Ethereum's ratio of 0.
Bitcoin is seeing partial recovery to $68,000, with a record $4.5 billion in options expiring today. Ethereum also has a substantial options expiry worth $1.01 billion, or 403,426 contracts.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%.
Amid increased volatility, the crypto market cap has dropped to $2.31 Trillion from a high of $2.38 Trillion this month. Following this, top cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recorded a significant correction in their respective portfolios.
Chainlink (LINK) and Raydium (RAY) are signalling a potential breakout as bulls look to reclaim control. Another altcoin showing significant movement, despite paring recent gains is Pendle (PENDLE), which has attracted whales amid growing traction for decentralised finance protocols.
Solana price may be gearing up to extend its gains after a top expert predicted it could surge to new highs if Ethereum (ETH) hits the ambitious target of $10,000. Should Ethereum price reach this milestone, the SOL price will follow suit with significant gains.
Solana (SOL) has risen over 600% against Ethereum (ETH) since 2023, driven by the recent memecoin frenzy and increased network activity. The SOL/ETH ratio recently hit a record high above 0.066 as excitement builds around Solana's potential to rival Ethereum. This 3.
Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition.
Solana (SOL) has demonstrated remarkable resilience. Currently trading above the $160 mark, Solana is signaling a bullish trend amid increasing market interest and adoption.
Ethereum sentiment has turned negative as investors reportedly shift to SOL and ETH.
Ethereum faces multiple challenges as its price hovers at $2,500, including institutional preference for Bitcoin, growing Layer-1 competition, and technical weakness
The cryptocurrency market is bracing for potential short-term volatility this week, as a massive $5.26 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today. With $4.
ETH/BTC rate drops to 0.037, marking a 30-month low and a 30% decline since July 2023.
Kraken is launching Ink, an Optimism-based Ethereum Layer 2 blockchain in early 2025, designed to simplify DeFi access for its 10+ million users
Ethereum (ETH) is experiencing some consolidation, with its market indicators indicating a point of less turbulence as well as balanced investor sentiment.
An ETH whale may have thrown out the possibility of an upside on the charts.
A hacker seems to have pilfered roughly $20 million worth of stablecoins and Ethereum from wallets belonging to the United States government. According to analytics firm Arkham Intelligence, the funds were tied to the 2016 Bitfinex hack and had been unmoved for over eight months.
After an unsuccessful attempt to break through the resistance level of around $2760 in the past two weeks, Ethereum (ETH) price has dropped over 5 percent in the last five days to trade at about $2,495 on Friday, October 25, during the early European session.
Ethereum's All Core Developers Execution Call #199 addressed critical updates, including EIP 7742, Pectra Devnet developments, and block gas limit debates.
In a post published on October 23, Ethereum (ETH) co-founder Vitalik Buterin shared details about ‘The Verge' upgrade, which aims to make it easier to run validator nodes. New Ethereum Upgrade To Make Running Nodes Easier Buterin highlighted several issues currently facing the Ethereum network, particularly the high resource requirements needed to run Ethereum nodes.
In a notable development on October 21, Solana-based DEX Raydium achieved higher daily fee revenue than the Ethereum network.
Ethereum and Solana have plotted drastically divergent trajectories over the past week or so, causing investors eager to shift capital away from Bitcoin (CRYPTO: BTC) to sit up and take notice. What happened: Solana, often touted as the "Ethereum Killer," spiked over 13% in the last seven days, faring among the top weekly gainers.
Solana achieved a record-breaking $8.7 million in network revenue on Oct. 23, driven by growing blockchain activity and increased total value locked.
Traders and investors in the crypto market should brace for volatility, with $5.26 billion worth of Bitcoin and Ethereum options expiring today.
Ethereum's ETH/BTC pair eyes a potential breakout from a falling wedge, while overheated Solana indicators hint at a shift in Ethereum's favor.
Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently reached throughout 2021 and 2022.
Have you ever wished you'd caught the next big crypto wave before it took off? The truth is that timing is everything in this fast-moving world of blockchain. With all eyes on the most promising projects, investors are keen to secure their place early.
A massive Ethereum initial coin offering (ICO) participant that received an astounding 254,908 ETH during the cryptocurrency's launch for a total cost of $79,000, has recently sold 3,000 ETH worth around $7.64 million.
Ether could slump in the coming days, as this participant's previous ETH sale triggered a decline in the asset's price.
Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level.
Base, a Layer 2 blockchain initiative spearheaded by Coinbase, has set a new record by accumulating an impressive 623,130 ETH in its bridge smart contract. This figure signifies not only a substantial increase in the amount of ETH held but also highlights the growing confidence in Base as a pivotal player within the Ethereum ecosystem.
The Ethereum FUD fires are burning hotter than ever as Ether has fallen against Bitcoin and Solana while developers are fighting the flames.
Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.
A significant Ethereum whale deposited 3,000 ETH, valued at $7.63 million, to Kraken. This massive transfer comes as the ETH/BTC pair plunges to new lows, signaling growing bearish sentiment in the market.