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news-imageDecember 4, 2024

TRX price soars as Tron fees prepares to flip Tether, Ethereum

The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.
Publisher: Crypto news
Sentiment: Positive
ETH
TRX

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Positive
cover-imageBenzinga
December 4, 2024

Bitcoin, Ethereum, Dogecoin Recover From Mid-Day Slump, Close Day Strong On Powell's 'Digital Gold' Remarks

Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.

Positive
cover-imageThe Daily Hodl
December 4, 2024

$725,000,000,000 Asset Manager Bernstein Says Ethereum Risk-To-Reward Looks Attractive for Four Reasons: Report

An analyst at the asset management giant Bernstein thinks Ethereum's risk-to-reward ratio “looks attractive” given ETH's relative underperformance recently. Gautam Chhugani, the managing director of Bernstein's global digital assets division, notes that Ethereum's total supply has remained mostly stagnant since the network transitioned to proof-of-stake and adopted a burn mechanism.

Positive
cover-imageCoinPedia
December 4, 2024

Ethereum Crosses $3,800; Higher Move Towards $4,000 Soon?

Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.

Neutral
cover-imageCryptopolitan
December 4, 2024

Tron to adopt MicroStrategy's playbook

Justin Sun, the CEO of Tron (TRX), has outlined new strategies to align the project with shifting U.S. regulatory policies. In his recent comments on X, Sun emphasized Tron's commitment to balancing its vision of decentralization with the evolving stance of the upcoming administration on cryptocurrency regulation.

Positive
cover-imageUToday
December 4, 2024

Ethereum (ETH) Resumes Its $4,000 Price Journey

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.

Positive
cover-imageBenzinga
December 4, 2024

'Ethereum Killer' Hyperliquid Explodes For 274% 7-Day Gain, Could Create 'More Millionaires Than Microsoft At This Rate,' Trader Says

Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.

Neutral
cover-imageFinbold
December 4, 2024

Is $4,000 next for Ethereum? Expert analysis

Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.

Positive
cover-imageBenzinga
December 4, 2024

Bitcoin, Ethereum ETFs Recorded Over $800 Million In Inflows On Tuesday

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.

Positive
cover-imageBenzinga
December 4, 2024

Ethereum Clone Tron Surges 60% In A Day, Outpaces XRP In Weekly Gains: Why Is TRX Going Up?

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

Positive
cover-imageBenzinga
December 4, 2024

Ethereum Rallies 50% In A Month, Trader Predicts 'Legendary Breakout': What's Driving The Surge?

Ethereum (CRYPTO: ETH) is continuing its rally, buoyed by record-breaking ETF inflows and positive market sentiment, with traders remaining bullish on its future performance. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,738.69 $450.3 billion +3.7% +7.9% Bitcoin (CRYPTO: BTC) $96,273.28 $1.9 trillion +1.5% +3.2% XRP (CRYPTO: XRP) $2.61 $148.8 billion -6.7% +83% Trader Notes: Crypto trader The Moon Show highlighted Ethereum's bullish structure, noting a bounce off ascending support and the formation of a potential 4-hour double bottom.

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