Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
Ethereum (ETH) held in accumulation wallets has surged to over 19 million as of October 18, 2024. This marks an impressive 65% increase since the year began, underscoring a growing wave of interest from both individual and institutional investors.
Several positive developments have been cited lately around the Ethereum blockchain network, one of which is the recent significant drop in the network's transaction fees after a period of extremely high costs, which has historically been a major challenge for users.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
Ethereum (ETH) bulls have a big task at hand despite helping the altcoin price rise above $2,700 earlier. This time, the new mission is to prevent ETH from going below $2,400, which is a crucial support level.
Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.
A negative Coinbase Premium Index suggests larger investors are reducing their exposure to Ethereum, adding selling pressure to the market.
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Orbs, the decentralised Layer-3 blockchain optimised for on-chain trading, has announced the integration of its Liquidity hub with leading multi-chain DEX, platform QuickSwap. The decision follows an overwhelming approval via a governance vote on QuickSwap.
Solana's TVL hits a 2-year high at $6.433 billion, driven by DeFi growth.
Ethereum's network could progress towards stateless validation as its data storage and verification needs grow. Co-founder Vitalik Buterin proposes 2 solutions for this transition—Verkle trees and STARKs.
Solana (SOL) is holding strong above the $160 mark after the broader market experienced a healthy dip to previous demand levels. Despite the dip, Solana has shown resilience, though the past few hours have been marked by short-term volatility with rapid price fluctuations.
As whales back certain cryptocurrencies, three standout projects are gaining momentum and showing potential for massive gains before November. Investors are optimistic about the growth, predicting that a $1,000 investment could skyrocket to $100,000.
Drama unfolds as a new Ethereum memecoin battles claims it's capitalizing on the forgotten Bellscoin project that came before Dogecoin.
Layer 1 (L1) blockchain Solana (SOL) has witnessed a notable surge in user activity over the past month. The chain's daily active address and transaction count have skyrocketed by double digits in the past 30 days.
CryptoQuant analyst warns of the potential for a short squeeze event as short positions grow exponentially.
In the latest speculation around Solana price, an analyst said an upcoming breakout would “feed generations” after a signal that could send SOL to $2,000 appeared. With recent movements stirring excitement in the crypto space, traders and analysts are speculating on the potential of SOL to reach these heights.
Ethereum (ETH) price today trades at as of . This drop comes after ETH price opened today at $2,622.81 and hit a daily high of.
TL;DR Ethereum's Estimated Leverage Ratio has surged to unprecedented levels, indicating increased risk-taking and potential for significant price volatility. Lower transaction fees on the Ethereum network are boosting usage, but weak institutional demand suggests cautious market sentiment.
Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way.
Raydium briefly outpaced Ethereum in daily fees, with its trading volume and TVL also seeing significant growth.
The institutional investment sector is about to undergo a revolution thanks to the launch of Elmnts, an innovative project by Solana that allows investment in funds backed by oil and gas royalties.
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday's Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine.
Indian regulators have reportedly supported banning private cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and pushing for the use of Central Bank Digital Currency (CBDC). This development reinforces India's CBDC push, which started years ago.
Blob space on Ethereum went through a brief period of price discovery, raising L1 rents for Scroll and Base. The period was too short to estimate the behavior of L2 and their readiness to absorb high blob costs.
The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.
Buterin says fully-verifying clients and staking nodes should not need to have more than a few gigabytes of storage.
Solana's daily economic value, including transaction fees and MEV tips, peaked at an all-time high of $7.93 million. The network has registered a progressive exponential increase in economic value since late September.
If Ethereum is going to hit a price of $22,000 by 2030, here's what needs to happen.
The growing dominance of Bitcoin has raised the possibility of a BTC bull run in a short while from now. On the other hand, once the dominance reaches its peak, it could face a rejection that may not only keep the BTC price consolidated but also allow a remarkable rise in the altcoin dominance.
Uniswap (UNI) price has recently undergone a minor market correction after a week of impressive bullish momentum. Following a notable price surge over the past week, the token's growth has slowed slightly.
Vitalik says a structured governance model is needed for secure upgrades. Decentralization remains crucial, but user participation in governance is low.
Ethereum co-founder Vitalik Buterin recently posted an intriguing anecdote on Twitter stating that he made $5 earlier this year by participating in prediction market arbitrage. This little sum was earned more for enjoyment than for profit, he acknowledged, adding that automated bots are probably taking advantage of these opportunities more frequently these days.
India is moving closer to a major decision on cryptocurrencies like Bitcoin and Ethereum. The government is considering banning these digital currencies while pushing for its own Central Bank Digital Currency (CBDC), known as the digital rupee.
Realms, a governance platform on Solana, is transitioning to a profit-driven model with new management, launching paid services while continuing to provide free core tools for DAOs.
Ethereum co-founder Vitalik Buterin has laid out further plans to improve the blockchain's Proof-of-Stake (PoS) system through a new upgrade called “The Verge.” In a blog post published on Oct.
Ben “BitBoy” Armstrong, a well-known figure in the crypto community, made headlines with a bold assertion: he believes that XRP will soon overtake Ethereum (ETH) to become the second-largest cryptocurrency after Bitcoin (BTC). This claim has ignite a lively debate among crypto enthusiasts and investors alike.
Dogecoin (DOGE) and Solana (SOL) aren't set to drive the next bull run. Instead, an undervalued token priced under $0.10 is poised for breakout growth.
Discover how "The Verge" will transform Ethereum into a faster, more decentralized, and accessible cryptocurrency for all validators.
Solana, the 5th most large crypto, is one of the most popular tokens among the market participants. The price has been trading with extreme strength since the beginning and hence the network turmoil or the sell-off failed to restrict the rally for a longer time.
After sharing insights on The Merge and The Surge to enhance Ethereum's future, cofounder Vitalik Buterin has now shared insights into The Verge. In his post, Buterin said the ideal future for Ethereum is one in which everyone can participate in node verification on the mainnet.
Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.
This development allows people to invest in funds backed by oil and gas royalties. But what does that mean, and why is it important?
Data shows the Ethereum Estimated Leverage Ratio has shot up to extreme levels recently. Here's what this could imply for the asset's price.
Despite increased price volatility in the crypto market, the Solana price has stabilized above the $160 mark. This highlights a rising bullish sentiment and increased adoption of the 5th largest cryptocurrency in the market.
For the week ending on October 14th, the network reached its highest-ever level of real economic value activity, totaling a whopping $36.8 million. This is a big deal for the blockchain, showing that more people are using it for transactions than ever before.