Tesla and Space X CEO Elon Musk talked about his potential role in the Department of Government Efficiency (DOGE) under a new Donald Trump administration What happened: In an interview with popular media personality Tucker Carlson, Musk explained that the idea behind the so-called DOGE department was to streamline federal spending by overseeing the operations of different agencies. Musk underlined that the U.S. has far too many federal agencies, about 438 in total.

Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might find support near the $2,400 zone.

An Ethereum whale, who initially received 150,000 ETH through the project's Initial Coin Offering (ICO), has again started dumping coins. According to crypto analyst EmberCN, the whale moved another 5,000 ETH to Kraken.

Ethereum is showing signs of a rebound, with technical patterns indicating a breakout.

Dogecoin may be gearing up for a rally with rising development, transactions, and social buzz.

A popular on-chain strategist says the top meme token Dogecoin (DOGE) is seeing an abrupt increase in network activity. Analyst Ali Martinez tells his 73,400 followers on the social media platform X that institutional investors may be behind the sudden rise in large Dogecoin transactions.

Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data.

Ethereum's fees dropped, causing it to turn inflationary. Will it impact ETH's price?

Bitcoin has recently surpassed $63,000, and both Ethereum and XRP are showing promising signs of upward movement. Investors are closely monitoring these key cryptocurrencies as they navigate the market's dynamics.

Ethereum remains the preferred blockchain for crypto whitehat hackers, with 87% still favoring it.

Dogecoin is trading critically, and investors are paying attention as this could shape next week's price action. After several weeks of volatile market movements marked by sharp ups and downs, the entire crypto market is at a turning point.

Cryptocurrency markets are trading relatively flat but clinging to the green zone. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,031 +0.5% Ethereum (CRYPTO: ETH) $2,432 -0.7% Solana (CRYPTO: SOL) $145.8 -0.02% Dogecoin (CRYPTO: DOGE) $0.11 -1.2% Shiba Inu (CRYPTO: SHIB) $0.00001778 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 36% and daily active addresses inching higher by 0.3%.

Solana (SOL) continued its growth trajectory in Q3 2024, with a surge in investment activity despite a dip in on-chain usage.

Some have expressed concerns about the upgrade's impact on solo stakers, noting that shorter block times may require more powerful hardware.

Crypto analyst Murad Mahmudov predicts a "meme coin super cycle" that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets.

Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.

As we move into the final quarter of 2024, all eyes will be on Solana to see if it can maintain its commanding lead in new token launches.

ETH off to a bullish start during the weekend, but weak momentum suggests low interest in the cryptocurrency.

Bitget promised that it will fully compensate traders of its BGB token, shortly after the asset's value plummeted and then quickly rebounded.

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As Dogecoin (DOGE) continues to stamp its authority as the apex meme coin, the altcoin recently made a major milestone after breaking out of a downtrend that started in March this year.

The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently displayed signs that its price may be stabilizing after a period of volatility. This situation comes in the wake of heightened geopolitical tensions in the Middle East, which have affected investor sentiment across the crypto market.

Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm. In a new thread on the social media platform X, Storm – who helped launch the anonymous ETH-based crypto mixing protocol in 2019 – expresses his gratitude to Buterin for his continued support.

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TL;DR Activity on Ethereum scaling solutions has dropped, while Coinbase's Base network continues to rise. The combined throughput of Ethereum's Layer 2 and Layer 3 networks dropped to its lowest level since June. Arbitrum and Linea have experienced significant declines in active users, with drops of 62% and 87%, respectively.

As we head into “Uptober,” the cryptocurrency market is buzzing with potential opportunities. While Ethereum continues to lead the charge in decentralized finance (DeFi) and smart contracts, its price struggles to find a bottom, with a 3-month return down by 18%.

Coinbase-incubated Ethereum Layer-2 network Base has seen activity on the network increase significantly over the last few months despite the general decline in adoption for other Ethereum L2 networks, including leaders such as Arbitrum and Optimism.

Ethereum (ETH) has experienced a modest 1% price increase over the past 24 hours, reflecting the broader cryptocurrency market's uptrend. This rebound comes after a week-long decline, largely attributed to political tensions in the Middle East.

Despite a decrease in preference from 94% in 2023 to 87% in 2024, Ethereum remains the top choice for crypto whitehat hackers.

There is a growing shift in the meme coin ecosystem, with new entrants like NEIRO competing with old guards like Dogecoin (DOGE) and Shiba Inu (SHIB). Current liquidation data hints at where most investors' bets are, underscoring why a major flip is likely soon.

A number of attempts to break through the $0.11 mark have been met with rejection for Dogecoin, which has been experiencing strong resistance here. The market seems to be at a turning point as DOGE consolidates following its recent rally.

Ethereum reaches a four-day high, trading at $2,484.46. A whale transaction of 29,732 ETH adds to market activity.

Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.

Ethereum co-founder Vitalik Buterin has sold 10 billion MOODENG tokens and donated over $640,000 in proceeds to his biotech charity fund, Kanro. The move aligns with Buterin's consistent stance on memecoins, advocating for charitable contributions from token proceeds.

The price of the cryptocurrency market's largest altcoin, Ethereum (ETH), seems to be coming back to life today after a period of disappointing performance. It is worth noting that this disappointment is not with Ethereum itself, which still correlates with the general market, but rather with expectations of market participants.

Dogecoin (CRYPTO: DOGE) may be gearing up for a breakout soon, defying its recent underperformance against rival meme coins. What Happened: Crypto chart analyst Ali Martinez pointed out how Dogecoin may be repeating history with its "breakout from a multi-year descending triangle, 200% surge, 60% retracement—then a bull run.

Ethereum developers have introduced a new proposal for the network, dubbed EIP-7781. This proposal will significantly change the rate of new blocks on the network.

A new Ethereum Improvement Proposal (EIP), EIP-7781, introduced on October 5 by Illyriad Games co-founder Ben Adams, could significantly boost Ethereum's transaction throughput by reducing the network's slot time from 12 seconds to 9 seconds. The proposed change is aimed at increasing transaction throughput by approximately 33%.

On-chain data shows large Dogecoin investors accumulated more than $220 million worth of DOGE last week, the highest since the beginning of this year.

A new week has started positively for most of the coins, according to CoinMarketCap.

As of Oct. 7, 2024, ethereum is trading between $2,467 and $2,473, with its market capitalization standing at $297 billion. Over the past 24 hours, its price has moved within a range of $2,416 to $2,510, accompanied by a trading volume of $12.87 billion.

Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.

Why are newer memecoins outperforming the original giants like Dogecoin and Shiba Inu?

Vitalik Buterin appears to have sold 10 billion MOODENG tokens and donated over $640,000 worth of crypto to his biotech charity fund.

Dogecoin (DOGE) is showing signs of a significant upward movement, with a recent jump of 1.13%, bringing its trading price to around $0.11. Meanwhile, market analyst Ali Martinez suggests that DOGE is breaking free from a long-standing descending triangle pattern, which could lead to an impressive rally.

On-chain data agency IntoTheBlock has published an important chart, which shows a curve of Dogecoin accumulation by large cryptocurrency holders.