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news-imageOctober 30, 2024

The Daily: Bitcoin ETFs record third-largest daily inflows, Trump win could impact Bitcoin less than Ethereum and more

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Publisher: The Block
Sentiment: Positive
BTC
ETH

More News Articles

Positive
cover-imageThe Currency Analytics
October 30, 2024

Ethereum Bull Run Ahead? $3.5 Billion Withdrawn from Exchanges

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is displaying bullish signals that suggest a potential upside rally. Recent trends indicate a substantial amount of ETH has been withdrawn from exchanges, coupled with favorable on-chain metrics that could set the stage for significant price movements.

Neutral
cover-imageBenzinga
October 30, 2024

Bitcoin, Ethereum, Dogecoin Dip After Strong Tuesday—Analysts Predict 'Unprecedented Highs Can Be In Development'

Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.

Positive
cover-imageInvezz
October 30, 2024

Ethereum price briefly touches $2,700 as ETH comes to life

In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794. As BTC rallied by over 8.

Positive
cover-imageBitcoin
October 30, 2024

Bitcoin's Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners

As bitcoin's price nears its all-time high, the network's hashrate is hitting impressive heights once again this year. Bitcoin's Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC's rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin's network hashrate is soaring. At 11:30 a.m.

Negative
cover-imageCoinPedia
October 30, 2024

Reddit Sold Major Crypto In Q3; Misses Out On Bitcoin's Uptober Gains

The latest filing with the SEC has revealed that Reddit has sold the majority of its cryptocurrency portfolio during the third quarter, offloading Bitcoin and Ethereum once held “for treasury purposes.” JUST IN: Reddit sold the majority of its #Bitcoin before BTC started pumping in October — SEC filing pic.twitter.

Positive
cover-imageCoingape
October 30, 2024

Microsoft Allegedly Begins Early Voting on Bitcoin Investment

A post on X by Alexander Leishman, the CEO of brokerage firm River suggests that top technology firm Microsoft Corp (MSFT) has commenced voting on Bitcoin (BTC) investment proposal. The River executive shared a screenshot of a poll which asked viewers' opinion of a proposal to invest in the top coin.

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