Total TVL has increased by more than 205% from $16.6 billion in November 2023. The increase to more than $51 billion TVL was mainly caused by Arbitrum One and Base.
The recent overturning of Tornado Cash sanctions has sparked significant excitement in the crypto industry.
The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook.
Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours.
Dogecoin (DOGE) Price recently surged to $0.48, its highest level since 2021, while surpassing Porsche in market capitalization at $58 billion.
BTC's price decline and lower volatility contrast with Ethereum's rising dominance in derivatives. Ethereum's market cap is $428 billion, second to Bitcoin, according to CoinMarketCap.
Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson's commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week. The post ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years appeared first on Cryptonews.
The incoming Trump administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) greater regulatory control over Bitcoin (BTC) and Ethereum (ETH) spot markets, potentially reducing the Securities and Exchange Commission's (SEC) role. This move aims to clarify regulatory responsibilities and reduce enforcement-driven approaches, fostering a more innovation-friendly environment in the United States crypto market.
Ethereum has outpaced Bitcoin over the past week as the cryptocurrency market continues to show a bullish outlook.
While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle.
Ethereum's DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump's election victory. The total value locked (TVL) in Ethereum's DeFi ecosystem has surged past $80 billion, marking its highest level in over two years.
The crypto landscape is evolving rapidly, and Ethereum, as a pillar of this universe, is not immune to upheavals. Layer 2 (L2) solutions are experiencing explosive growth, culminating in a total value locked (TVL) of $51.5 billion.
Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) in several key metrics over the past week, signaling a potential shift in market dynamics, according to a Bybit and Block Scholes report. What Happened: This trend comes amid the announcement of SEC Chair Gary Gensler's planned departure in January 2025, which has boosted sentiment around Ethereum and other altcoins.
Crypto exchange Coinbase has announced that it will delist and stop supporting Celo layer-1 blockchain token CGLD by January 13, 2025. This move is in response to Celo's planned migration into a layer-2 network.
Ethereum cofounder Jeffrey Wilcke has sold 20,000 ETH, worth $72.5 million, on Kraken. Historical patterns suggest this move could trigger another major price rally, as Ethereum gains 8% in 24 hours.
Ethereum co-founder Jeffrey Wilcke transferred $75.2 million in crypto to Kraken, sparking debates over a possible Ether top and incoming market correction.
Altcoins are surging and dominating headlines, with Dogecoin (DOGE) surpassing luxury automaker Porsche by market cap amid news of a DOGE ETP launch. Top altcoins such as Cardano (ADA), Ripple (XRP), Stellar (XLM), and Ether (ETH) continue to gain impressively, signalling the imminent arrival of the altcoin season.
Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark.
Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
The total value locked (TVL) in Ethereum Layer 2 networks has reached an all-time high of $51 billion, signaling strong investor interest and value growth within the ecosystem.
The recent upside momentum in Ethereum (ETH) has gained significant attention from crypto enthusiasts. Amid this rally, today, November 28, 2024, Ethereum co-founder Jeffrey Wilcke was found dumping a significant amount of ETH on a cryptocurrency exchange. Ethereum Co-Founder Dumps $72.
With ETH/BTC up 17.8% this week and spot Ethereum ETF inflows exceeding $90 million, analysts suggest Ethereum's path to its all-time high appears increasingly achievable. Ethereum (ETH) outperformed the broader crypto market, rising 11.
Dogecoin, Shiba Inu, and Bonk have formed bullish price patterns and are correcting from their respective resistance levels, creating potential buying opportunities.
Wilcke's significant ETH sale may signal market caution, potentially influencing investor sentiment and Ethereum's short-term price dynamics. The post Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600 appeared first on Crypto Briefing.
Today, it seems that BONK's recent rut may be nearing its end as it finds itself well-positioned for its next leg up. The post Time to Load Up on Bonk? BONK Down 16% In 7 Days, Another Pump Coming? appeared first on Cryptonews.
Ethereum isn't just a digital currency—it's a platform for change.
Analytics account @spotonchain has noticed a mammoth ETH transaction made by one of the Ethereum cofounders. However, data suggests that the Ethereum price may go upward.
Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.
Dogecoin price has performed well this month, reaching $0.4795, its highest level since May 2021, as the broader crypto rally gained momentum. Dogecoin (DOGE) traded at $0.40 on Nov. 28, marking a 365% increase from its September low.
The profitability of Ethereum (ETH) has surged to levels not seen since June, with 90.8% of ETH holders now in profit, according to data from IntoTheBlock. This milestone highlights a favorable position for the majority of investors, leaving only 9.2% of holders at a loss.
Ethereum (ETH) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.
BTC briefly pumped above $97,000, while ETH reached almost $3,700.
After a strong performance last week, Dogecoin (DOGE) faced a slight pullback due to broader market volatility, mainly driven by Bitcoin's fluctuating price.
Ethereum price staged a strong breakout on Nov. 27 as Bitcoin and most altcoins bounced back after days in the red. Ethereum (ETH), the second-biggest cryptocurrency, jumped to $3,690, its highest level since June 10.
Bitcoin hits resistance, spiking volatility. Ethereum rides the wave, but it's a short-term blip, not a lasting rebound.
BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market. After a brief attempt to stabilize, the token appears to be losing momentum dropping again toward the $0.00004002 for another test, with key metrics pointing to further downside.
Leading altcoin Ethereum (ETH) has experienced a notable price surge over the past 24 hours, breaking the $3,600 mark. As of this writing, ETH exchanges hands at $3,613, a level it last traded at in June.
TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.
The crypto market is experiencing a significant correction at the end of November 2024, with Bitcoin fluctuating around $93,400. This 6% drop since Monday comes as technical indicators signal a concerning bearish divergence.
TL;DR Ethereum (ETH) has surged past $3,600, marking a 15% increase over the past week and reigniting investor interest. Record-breaking $22 billion in Ether futures open interest highlights growing market activity and institutional participation. Despite the bullish momentum, analysts caution against potential risks, including market volatility and possible price drops below $3,000.
Polymarket traders are split on Dogecoin's (CRYPTO: DOGE) trajectory as Inauguration Day approaches, with a 41% chance for DOGE to hit the 69 cents milestone by Jan. 20 next year. This represents a slight dip in confidence from the 53% chance on Nov.23.
Dogecoin is at a critical $0.40 resistance. A breakout could lead to $0.43 or if it fails, then a dip to $0.36 seems likely.
One of the two Dogecoin founders, Billy Markus who created the iconic meme cryptocurrency Dogecoin in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge.
Bitcoin remaining range-bound below $100,000 could be a net positive for Ether's price and invite more investment into the world's second-largest cryptocurrency.
Dogecoin price has witnessed a remarkable surge in November, securing its place among the top-performing cryptocurrencies. The meme-inspired digital asset has consistently climbed in value, defying broader market trends and showing resilience against corrections.
Ethereum posted a 10.66% gain in 24 hours, reaching $3,647 with $47.87 billion in trading volume, while triggering $56.5 million in liquidations primarily affecting short positions.
This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high.