Demand for the ethereum network is pretty much at full capacity on a daily basis with the daily gas usage stable at 108 million
The crypto markets faced the first pullback of the year that whipped out nearly 7% of the market capitalisation. As the Bitcoin price dropped below $95,000, the Ethereum price also marked a low close to $3,300. Meanwhile, the bulls managed to halt the bearish trend and seem to be trying hard to validate a rebound.
The a Swiss-based not-for-profit organization focused on the development and welfare of the Ethereum (ETH) network, has made its first Ether sale for 2025. In a bid to fund research and development (R&D), the Ethereum Foundation swapped 100 ETH for 329,463 $DAI, the first sale since the beginning of 2025.
With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?
The second-largest crypto Ethereum saw a sharp selloff of more than 9% in the last 24 hours. ETH price tumbled to mid-November levels of $3,300 as traders took cues from robust US macroeconomic data, which shot down the Fed rate cut hopes.
Gelephu Mindfulness City is going to integrate Bitcoin, Ethereum, and Binance Coin into reserves, promoting blockchain innovation and economic resilience.
Gelephu Mindfulness City (GMC), a Special Administrative Region (SAR) in Bhutan, has incorporated digital assets like Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) into its strategic reserves.
Bhutan's Gelephu Mindfulness City (GMC) has unveiled plans to include Bitcoin, Ethereum, and BNB in its strategic reserve assets, according to a Jan. 8 statement. This decision marks a significant milestone as GMC becomes one of the first Special Administrative Regions (SARs) to incorporate digital assets into its reserves.
Bhutan's newly established Gelephu Mindfulness City (GMC) has announced a groundbreaking move to incorporate digital assets into its strategic reserves. By integrating Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), GMC positions itself as a trailblazer in the adoption of cryptocurrencies within a government-backed economic framework.
The Ethereum (ETH -8.38%) cryptocurrency was worth about $2,220 in September. On Jan. 6, it was up to $3,636.
Bhutan's Gelephu Mindfulness City has become one of the first jurisdictions to officially include digital assets in its reserves. The post Bhutan's ‘Mindfulness City' Includes BNB, BTC, ETH in its Strategic Reserves appeared first on Cryptonews.
Bhutan plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves. Bhutan's mining is expected to create three to five bitcoins each day.
The Pectra update and the regulations under the Trump administration drive the rise of Ethereum.
Ethereum is consolidating around $3,650 within an ascending channel pattern, with technical analysis suggesting a potential pullback to $3,500 before continuing its upward trajectory, as supported by historical post-halving market cycles and current trading indicators.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Bhutan's newest region is adding Bitcoin, Ethereum, and Binance Coin to its reserves as part of its new economic strategy.
Bhutan's newly established Gelephu Mindfulness City (GMC) has announced its plan to include digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as part of its strategic reserves. This initiative positions GMC as one of the first Special Administrative Regions (SARs) to officially integrate digital currencies into its economic framework.
Ethereum has started 2025 with impressive gains, sparking optimism among investors, but faces challenges and uncertainty as analysts debate its price potential in the short and long term.
Bhutan's Gelephu Mindfulness City (GMC) on Wednesday announced its decision to broaden its crypto adoption plan. Bhutan's new special administration region will hold Bitcoin (BTC), Ethereum (ETH), Binance's BNB, and other digital assets in the city's strategic reserves.
The crypto market is feeling the heat as Bitcoin (BTC) a pioneer cryptocurrency is under increased selling pressure as shifts and due to microeconomic data & shifting sentiment continue to push back the upward momentum. Over the last 24 hours, Bitcoin dropped by nearly 7% after reaching a three-week high.
Ethereum's price is currently moving within a key price channel, maintaining a bullish trend as it holds above an important support zone. However, at the time of writing, Ethereum has declined by more than 9% and is now trading below $3,350. Ethereum's 1-month high is at $4,098.29, while the 1-month low is $3,103.
Recent macroeconomic data raised analysts' concerns regarding persistent inflation and sustained interest rates.
Ethereum's Pectra upgrade, a pro-crypto US president, broader adoption and increased ETF uptake could push Ether to hit $12,000 this year, says a crypto researcher.
Ethereum (ETH) is making waves in the crypto market, with its price recently breaking through the $3,670 resistance point and now eyeing the $4,000 level. This move has rekindled excitement among traders and analysts, fueling speculation that Ethereum could soon achieve new all-time highs (ATHs).
After a lackluster 2024, Ethereum has started 2025 with a bang, surging over 13% since the year began. This impressive performance has reignited optimism among investors who are anticipating a bullish year for ETH and the broader altcoin market.
The cryptocurrency market experienced a sharp downturn on Wednesday, with Bitcoin (BTC) falling below the $97K mark, down from $102K. The global crypto market fell by about 6%, now standing at $3.37 trillion. The total crypto market volume over the last 24 hours has surged to $169.2 billion, reflecting a 31.72% increase.
Bitcoin and Ethereum ETFs have seen a surge in investor interest, pulling in $1.1 billion in net inflows on January 6, 2025, following a slower start to the year.
Ethereum is trading below last year's highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH's price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market's overall bullish sentiment.
Ethereum price failed to clear the $3,750 resistance and trimmed gains. ETH is back to $3,350 and might struggle to start a fresh increase.
The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.
The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.
The cryptocurrency market was not doing well on Tuesday as Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other digital assets plunged. The crypto market crash occurred in tandem with other risk-off events in the global financial market owing to rising US treasury yields, a more hawkish Fed and heightened macroeconomic uncertainty.
Ethereum's price has been on the rise since hitting a low on December 20, but the rally thus far appears to be more of a corrective move than an impulsive uptrend. The market hasn't yet displayed enough momentum to confirm a strong upward trend, but this could change as the price action evolves.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin and Ethereum ETFs started 2025 in the red, but now have collectively attracted $1.75 billion over the last two trading days.
In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.
Cryptocurrency prices retreated sharply on Tuesday, erasing some of the gains made on Monday as concerns about the bond market intensified. Bitcoin (BTC) dropped by 4%, reaching an intraday low of $97,700.
By leveraging scalable solutions, Ethereum can continue to thrive as a cornerstone of the decentralized world.
Tron's price recently experienced a drawdown, struggling to reclaim the critical support level at $0.26. This level is vital for recovering the losses incurred during recent market volatility.
After cresting at an impressive $102,760 per coin, the preeminent cryptocurrency, bitcoin (BTC), has precipitously fallen beneath the $100,000 threshold, reaching a nadir of $97,124 per unit. Bitcoin Below $100K, Liquidations Liquidate Hopes Tuesday proved to be a tumultuous day within the realm of digital currencies, with the aggregate market capitalization plummeting by 4.
Bears are returning to the game, according to CoinStats.
XRP's popularity rises in South Korea, with Bitcoin Cash ranking higher than Solana and Cardano despite lower market capitalization.
There are growing signs that ether is poised to lead its more well-established rival in the new year.
Leading altcoin Ethereum (ETH) has seen a remarkable spike in the past week. Its value has climbed nearly double digits and currently trades at $3,672.
The Solana network recorded nearly $3.8 billion in 24-hour trading volume across its decentralized exchanges (DEXs) on Jan. 6, according to data from DefiLlama.