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.
Solana short sellers suffer as price unexpectedly pushed above short-term resistance, leading to a surge in liquidations.
Billy Markus, Dogecoin co-founder has expressed his views on Elon Musk, defending the Tesla CEO against what he believes are manipulated media narratives. Markus, known by his online name “Shibetoshi Nakamoto,” posted a series of tweets, stating that Musk is one of the most transparent public figures.
Bitcoin's dominance has surged past 57%, reaching its highest level since March 2021. This significant uptick illustrates a trend of growing market concentration in Bitcoin, while Ethereum's market share has plummeted to 13.5%, marking the lowest level since before the Ethereum Merge in September 2022.
Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency's futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline.
A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins. The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.
Ethereum (ETH) price appears to be moving within a neutral range, as indicated by several market metrics. The current Net Unrealized Profit/Loss (NUPL) value signals that most investors are neither highly profitable nor experiencing heavy losses.
The strategy resembles tactics seen in past crypto heists, casting doubt on recovery as the funds could soon be laundered through mixers.
Solana's SOL has been on a tear, leading gains among the crypto market this week amid a speculative memecoin frenzy that is driving up token prices and blockchain activity. The latest trend of artificial intelligence agents pumping memecoins is also predominantly based on the Solana network.
The cryptocurrency landscape is known for its rapid fluctuations and unpredictable trends, but recent data regarding Ethereum's leverage ratio has raised eyebrows across the investment community. The Estimated Leverage Ratio has spiked to extreme levels, prompting many to wonder what this indicates for Ethereum's future price movements.
Sharpei's insiders apparently cashed out after prominent crypto influencers denied being involved with the fast-rising Solana meme coin.
While a correction looms, DOGE's resilience and mounting support hint at dynamic possibilities by Q4's end.
On October 25, 2024, the overall cryptocurrency market experienced a modest recovery after a price decline in the past few days. Meanwhile, Solana (SOL) and its meme-based tokens have made waves, gaining notable attention from crypto enthusiasts with their impressive price surge.
Solana co-founder Anatoly Yakovenko has rained accolade on a crucial infrastructure pioneered by Ethereum, despite the visible rivalry between both protocols. Taking to his official X account, the Solana founder said he likes the Ethereum Design and vision.
After the recent gains, Dogecoin recorded a sudden surge in the wallets that are in profits.
Crypto analyst Dima James has provided an update on what to expect from the Dogecoin price following the meme coin's recent rise to its highest level since July. Based on his analysis, DOGE's upward trend will continue into the new year, leading to a massive climb to $10.
Dogecoin has been experiencing significant volatility, with a 44% surge followed by a 9% dip since October 10. This dramatic price movement has left analysts and investors cautiously watching the market, unsure of Dogecoin's next move.
The cryptocurrency market is seeing mixed signals as Ethereum (ETH) struggles to maintain its upward momentum, while Dogecoin (DOGE) and Shiba Inu (SHIB) experience notable price fluctuations. After a recent spike, the market is now calming down, leaving investors to wonder what lies ahead.
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Binance, the world's leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.
A widely followed crypto analyst is issuing a warning to investors, saying that top altcoin Ethereum (ETH) might see a crash in December.
Cat-themed cryptocurrencies Popcat (CRYPTO: POPCAT) and cat in a dogs world (CRYPTO: MEW) have emerged as top gainers in the overall crypto market. What Happened: According to Coingecko, cat coins are nearing a $5 billion market cap, with a 7.7% gain in the last 24 hours.
Dogecoin (DOGE) holders who have clung to their coins for a significant period might now be preparing to cash in. There has been a notable movement in DOGE coins held for extended periods, suggesting a shift in sentiment among these long-term investors.
Last July, Ether's market value tumbled nearly 15% after similar actions were taken by this ‘smart money' entity.
The cryptocurrency community is buzzing following a heated exchange between Ethereum co-founder Vitalik Buterin and MicroStrategy's co-founder Michael Saylor. In a recent social media post, Buterin described Saylor's remarks about self-custody as “batsh*t insane,” igniting further debate over the future of digital asset management.
As investors grapple with the cryptocurrency market's next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has set a fresh record price against rival layer-1 network Ethereum, thanks to a renewed boom in Solana's network activity.
The price of Solana (SOL) has continued to rise after breaking above resistance at $160.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Ethereum price is signaling a potential breakout based on recent price movements. According to Trader Tardigrade, a crypto analyst on X (formerly Twitter), Ethereum could see its value reaching new all-time highs of around $10,000 if it can successfully break out of its current symmetrical triangle formation.
US-based crypto exchange Kraken has launched its own blockchain network, Ink. According to the official announcement, the network, which would be an Ethereum Layer-2 network, would be built using Optimism OP Stack and open to the public by 2025.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
The Dogecoin price is on the rise. The meme-inspired cryptocurrency has been a hot topic as its price has increased, and massive trading volumes have begun attracting many new crypto traders.
Ethereum may drop further, but long-term prospects remain bullish for recovery.
MetalCore will use Solana Labs' GameShift platform, which incorporates a storefront and payment systems for in-game purchases.
Dogecoin (DOGE) price has continued its uptrend and has risen above the previous high of $0.143.
Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct. 24 statement. Ink aims to empower users to trade, borrow, and lend tokens without the need for intermediaries, marking a significant shift from Kraken's current centralized exchange model.
BOB, a project built on Bitcoin, is s making headlines with its bold plan to make Bitcoin the leader in decentralized finance (DeFi). By introducing a unique bridge to Ethereum, BOB is set to use Bitcoin's unmatched security and liquidity to challenge platforms like Ethereum and Solana, aiming to take over the DeFi space.
The project promises to revolutionize leverage trading and swaps on the network.
Solana's price recently breached the $161 barrier for the first time in over two months, signaling a strong bullish momentum. The altcoin's price surge attracted attention from traders, but despite the optimism, there are growing concerns about a potential bearish reversal.
According to the market intelligence platform IntoTheBlock, Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Ethereum (ETH) have emerged as the coins with the longest holding period. This is significant because it indicates that crypto investors have the most faith in these coins.
Vitalik Buterin, co-founder of Ethereum, recently surprised the crypto community with a major announcement: a fourfold reduction in gas fees on the Ethereum network. This initiative aims to make transactions more cost-effective and improve the efficiency of the network, marking a crucial step for the Ethereum ecosystem.
Vitalik Buterin claims Ethereum's next upgrade could allow node operation on low end devices.
Built using the OP Stack, Kraken's Ink follows the lead of rival crypto exchange Coinbase's launch of Base in 2023.