A look at the gap between USDT and USDC, as well as a recent development that could boost USDC in the coming months.
A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.
The two biggest exchange-traded fund (ETF) issuers, BlackRock and Fidelity, bought over $500 million in Ether in the past two days. According to Arkham Intelligence X's post on Dec.
Both firms largely purchased ether through Coinbase or its institution-focused crypto services platform Prime.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum's ecosystem.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Circle will provide Binance with tech and liquidity to strengthen USDC adoption, aiming to challenge Tether's dominance.
Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.
Here are some of the latest ETH price forecasts coming from popular analysts.
The altcoin season could begin anytime from now as Bitcoin dominance declines. As the leading altcoin, Ethereum will usher in this season, but there are other altcoins investors should be looking to hold as they could record significant gains during this period.
CryptoQuant data has revealed new insights into the prevailing state of the Bitcoin market. The data points out that leverage in Bitcoin is easing, and the USDT balances held in exchanges are surging.
According to new on-chain data, Tether just minted USDT tokens worth $1 billion. The company has recently been minting in huge volumes, reporting record profits in Q3 2024.
The US financial regulator is soliciting comments on NYSE's application to list Bitwise's cryptocurrency index ETF.
With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.
Major crypto exchange Coinbase has announced the addition of three crypto assets to its platform, with a particular focus on the Ethereum and Solana networks. These listings include Magic Eden (ME), Turbo (TURBO) and Gigachad (GIGA), each bringing unique value to Coinbase users.
Bulls are back in control of the crypto market on Wednesday, with the Ethereum (ETH) price rallying over 4% back towards $3,800 in wake of the latest US inflation figures all but confirming that the US Federal Reserve will cut interest rates by another 25 bps later this month. The post Ethereum Price Bounces Back to $3,800 – New ATHs Coming This Month? appeared first on Cryptonews.
Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming months.
Yesterday, Dec. 10, BlackRock's Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape.
After Bitcoin's December 10 crash altcoins took a massive hit. However, Ethereum showed strength and has already began its recovery.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.
As of the end of Q3 2024, Tether's USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small holders.
Tether secures Abu Dhabi approval, boosting its Middle East presence. Can this move help resolve its ongoing transparency controversies?
Billionaire entrepreneur and popular television personality Mark Cuban, while known for his investments in top cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), has not shied away from parking his money in lesser-hyped coins. What happened: During an Ask Me Anything session on X back in January, the popular “shark” revealed that Polygon (CRYPTO: MATIC), now rebranded to POL, and Injective (CRYPTO: INJ) were his favorite cryptocurrency projects outside of Bitcoin and Ethereum.
Bitwise Investments has outlined an ambitious outlook for 2025, predicting Bitcoin (CRYPTO: BTC) will surpass $200,000 while Solana (CRYPTO: SOL) emerges as a major player in decentralized finance (DeFi) and meme coin ecosystems. What Happened: These forecasts, among other bold predictions, underscore the continued evolution and mainstream adoption of cryptocurrencies.
Ethereum's price recovery hits $3,700, fueled by growing institutional demand and $305 million in daily ETF inflows. Will the declining Bitcoin dominance hinting at a new altcoin season drive ETH price for a new all-time high?
Circle's USDC is the world's second largest US dollar stablecoin, currently with one-third of Tether's USDT capitalization and circulating tokens. This scenario could soon shift as Circle announces a key partnership with the world's largest crypto exchange, Binance.
Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.
Ethereum's price has retreated from $4,000 to $3,621 amid increasing retail selling pressure on Binance, while institutional ETF demand remains strong, resulting in $234.72 million in liquidations and a $40 billion drop in market cap.
Tether (USDT), the world's largest stablecoin by market capitalization, continues to dominate the cryptocurrency landscape, reporting a staggering 109 million wallets holding USDT in its latest quarterly report. This figure not only exceeds the number of Bitcoin wallets but is fast approaching Ethereum's 128 million wallets, cementing USDT's position as the leading stablecoin in the crypto ecosystem.
For several months, investors have been turning their attention to crypto ETH, hoping for a significant jump in its value. However, forecasts do not seem to favor the giant of smart contracts.
Will strong ETF inflows stop ETH from falling below $3.5K?
The Ethereum Foundation has unveiled the recipients of its 2022 Academic Grants, supporting research in blockchain technology and Ethereum advancements.
Ethereum trades in the $3.6K zone over the past 24 hours. The market saw $92.74 million worth of Ethereum liquidated.
Ethereum has shown resilience in the face of recent market challenges, as evidenced by the consistent positive net flows into the asset's exchange-traded funds. According to data from Farside Investors, daily inflows into spot Ethereum (ETH) ETFs in the U.
Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. 11.
The Ethereum Foundation has sold over $12.2M in ETH this year, including a recent $367K transfer. Despite this, ETH's price remains stable.
Goldman Sachs is exploring the possibility of entering the Bitcoin (BTC) and Ethereum (ETH) spot market, contingent on changes to the regulatory environment in the U.S.
Ethereum's path to $5,000 by year-end is getting more uncertain by the day despite strong ETF inflows.
Bitwise predicts record valuations for Bitcoin ($200,000-$500,000), Ethereum ($7,000), and Solana ($750) by 2025, driven by institutional adoption, ETF success, and improved regulatory conditions.
The Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) has approved Tether's USDT. It is now recognized as an Accepted Virtual Asset (AVA).
The rise of AI-driven meme coins, a $400 billion stablecoin market cap, and crypto IPOs will mark 2025's turning point.
Goldman Sachs CEO has confirmed that the investment bank is open to engaging with cryptocurrencies if the regulatory environment changes under President Donald Trump.
USDT will be regulated by the Financial Services Regulatory Authority.
David Solomon says he is ready to consider cryptocurrencies, but only with a stable regulatory framework.
In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets.