Bitcoin and Ethereum ETFs experienced joint outflows on October 8, 2024, totaling $26.77 million

Just over two months after BlackRock, a major asset manager heavily invested in cryptocurrencies, suggested that Bitcoin (BTC) and Ethereum (ETH) were the only two digital assets worth buying, here's how they have fared in terms of price since its team's public recommendation.

If Bitcoin ($BTC) is able to break out of its bull flag, the resulting influx of capital into the cryptocurrency space as a whole could be huge, sparking the altcoin season of this bull market. That said, so far, there are few altcoins that are outperforming $BTC.

Standard Chartered predicts a potential fivefold increase in Solana's price by 2025 if Trump wins the U.S. presidency, as the network sees significant user growth and technological advancements.

Bitcoin exchange-traded funds (ETFs) in the U.S. saw an enormous spike in inflows, while Ethereum spot ETFs came to a complete standstill. This contrast highlights the diverging market interest between the two leading cryptocurrencies, with Bitcoin benefiting from a surge in optimism and Ethereum facing a quieter day.

Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two weeks, with a key support level now at $2,300.

In a recent announcement, the leading crypto exchange Binance has announced to remove certain key pairs from its platform. According to the release, the exchange will release four pairs related to BTC, ETH, BNB, and DAI.

A user recently incurred a jaw-dropping fee of 288 ETH—equivalent to around $700,402—to complete a transaction that ultimately sent nothing to the intended recipient. This surprising event has sent ripples through the crypto community, raising questions about how such an error could occur and what it means for users in the Ethereum ecosystem.

Ethereum faces headwinds as its price and network activity stagnate, while competition intensifies and global economic uncertainties persist.

Renowned economist Tyler Cowen has proposed Ethereum (CRYPTO: ETH) creator Vitalik Buterin as a deserving candidate for the forthcoming Nobel Prize in Economics. What Happened: Cowen put forward this unconventional nomination during a podcast with fellow economist Alex Tabarrok on Tuesday.

Standard Chartered Bank projects a fivefold rise in Solanas price by 2025 if Donald Trump wins the upcoming US election, driven by increasing adoption and a potential Solana ETF. Standard Chartered Predicts 5X Solana Price Surge by 2025 According to Standard Chartered Bank, if Donald Trump were to win the forthcoming US presidential election, the price of Solana (SOL) might increase fivefold by the end of 2025.

Solana is a blockchain built for mass adoption. Its a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming.

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Following a dramatic 65% drop, Solana-based baby hippo-themed meme coin Moo Deng (MOODENG) is eyeing a comeback. As of this writing, Moo Deng's price has increased by 11.15% in the last 24 hours.

The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.

Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation.

On-chain data shows the Ethereum whales have been participating in constant distribution for the last six months, a sign that's not ideal for ETH.

In a surprising turn of events, an unknown Ethereum user has paid a shockingly huge fee for a single transaction. According to blockchain data tracker Whale Alert, a fee of 288 ETH worth $704,067 has just been paid for a single transaction.

The cryptocurrency market has been hit by a significant wave of bearish momentum, leading to widespread liquidations across several leading digital assets. In the past 24 hours, the market saw total liquidations surpass $220 million, leaving many traders with substantial losses.

Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading volumes fell -11.09% to $69.42 billion. The Fear & Greed Index stays at 42, indicating neutral market sentiment as investors await new developments.

A compelling expose could have impacted bitcoin and the broader market's prices, but the crypto community is largely brushing off HBO's hyped documentary.

Grammy-winning rapper Cardi B has seemingly launched a meme-inspired cryptocurrency under the $WAP ticker, in a reference to one of her most popular songs with Megan Thee Stallion. The project's debut, however, has been shrouded in controversy including insider trading concerns.

Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a notable surge in its supply, raising concerns about the long-term implications for the token's value. Over the past week, Ethereum's net supply increased by over 10,000 ETH, signaling a potential challenge to the supply control mechanisms introduced in the network's recent upgrades.

Ethereum is at a critical juncture after failing to break above the $2,500 mark yesterday, leaving investors uncertain about its next move. As the broader crypto market anticipates a rally, Ethereum traders closely monitor signs of strength within the network.

European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards.

Ethereum shows potential for a rally to $6000, with strong $2300 support.

A Solana (SOL) trader who initially invested a mere $800 in the popular Solana-based meme coin, Moo Deng, has realized unreal gains, with profits soaring to approximately $10 million. However, despite the massive returns from unreal meme coin trade, the Solana trader is facing liquidity obstacles, leaving him stranded as Moo Deng's value rapidly plummets.

Ethereum price drops to $2,420, losing 4% in a week and falling below $300B market cap. Technical analysis shows bearish signals on 4-hour chart, with potential drop to $2,150.

Recently there was a significant surge in the price of Bitcoin bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action.

Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked.

Ethereum (ETH) has been capturing the attention of traders and investors as it shows promising signs of recovery. After experiencing a notable decline, technical indicators suggest that ETH might be on the brink of a significant rally.

Ethereum Foundation has executed a new series of transactions, sending 2,500 ETH to the Bitstamp exchange, valued at approximately $6.06 million. This move occurred through two separate transactions, each involving 1,250 ETH.

The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.

Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.

Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading.

Standard Chartered Bank has predicted that Solana's (SOL) price may soar by five times by the end of 2025 if Donald Trump wins the upcoming US presidential election. This outlook comes as Solana's user base grows, with the network seeing more than 100 million monthly active addresses for the first time.

Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.

The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.

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Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).

A drop in Ethereum network activity and investors' concerns about the global economy continue to weigh on ETH price.

Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.