Solana continued its downward trend, falling for four consecutive days as a sea of red engulfed the crypto industry. Solana (SOL), the fifth-biggest cryptocurrency, retreated to $135 on Thursday, Oct. 3, its lowest point in over three weeks.
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.
The 2024 U.S. presidential election looms, discussions about its impact on the cryptocurrency market have taken center stage. Among the voices weighing in is Eric Balchunas, a notable analyst at Bloomberg.
Traders appear less confident in Ether's ability to "weather" the upcoming macroeconomic events compared to Bitcoin, according to a crypto analyst.
Edward Snowden, whistleblower and privacy advocate, sharply criticized Solana's approach to blockchain at the Token2049 conference in Singapore. His remarks reignite the debate over the delicate balance between performance and decentralization in the crypto ecosystem.
Popular crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could suddenly turn bearish in the last three months of the year.
Solana (SOL) declines over 14% in early October amid geopolitical tensions, centralization concerns, and weakening market sentiment, with futures data pointing to further downside risk.
An early Ethereum investor who participated in its ICO has sold 19,000 ETH, worth $47.54 million. The sale has created a short-term FUD amid Ethereum whale holdings dropping by 1.18% over the last 30 days.
Buterin aims to reduce Ethereum's staking requirements, supporting increased decentralization by encouraging solo staking.
Cardano price breakout was cut short after the general market took a nosedive due to the Iran-Israel war escalation. In the meantime, Cardano has surpassed Solana (SOL) in terms of keyword search volume on YouTube, despite the latter seemingly being the most popular of the two.
Dormant Ethereum ICO whale sold $47.54 million in ETH following a previous $31 million deposit to Kraken.
SoSoValue's data showed that Bitcoin spot ETFs experienced a total net outflow of $91.76M on Oct. 2nd, and the net asset ratio settled at 4.64%. Fidelity's Bitcoin ETF (FBTC) led with a daily net inflow of $21.08M, while ARK 21Shares' ETF (ARKB) performed the worst with a total daily outflow of $60.28M.
Solana's decentralization status has been re-examined by the community after Snowden's remarks.
A whale with 150,000 ETH taken in the ICO in 2014 has been selling many in recent days.
While the Ethereum co-founder Vitalik Buterin has been offloading his ETH holdings these days, he recently chipped in to address the concerns of the ETH staking community. In his message on the X platform, Buterin proposed the plan and roadmap to eventually bring the minimum Ethereum staking requirement to 1 ETH.
Ethereum-based strategy card game Shardbound launches open beta on Steam and Epic Games Store, offering a blend of deck-building and tactical combat with plans for future Web3 integration.
Edward Snowden's criticism of Solana's centralization at a crypto conference reignited a debate within the blockchain community, prompting defenses from Solana supporters and highlighting ongoing competition between different blockchain ecosystems.
Franklin Templeton submitted a Bitcoin and Ethereum index ETF (exchange-traded fund) proposal to the US Securities and Exchange Commission (SEC).
Is Solana (SOL) poised to reach the $300 mark? If you've observed this famous blockchain, you may have already experienced the hype that surrounds it. But is it a crypto with promising ROIs?
An Ethereum ICO investor sells 47 million dollars in ETH, causing a significant drop in the price of the cryptocurrency.
The Tron blockchain set a new record in Q3 of 2024, recording record revenues of $577.2 million, according to the latest news.
A whale has recently sold a combined total of 31,000 ETH, valued at $79.1 million, contributing to a significant 4% decline in Ether price.
Ethereum's (ETH) price is eyeing a significant rebound after losing nearly 9% of its value in the last seven days. As the altcoin builds momentum for the potential surge, shorts, who expect ETH's price to keep decreasing, might face increased pressure.
SOL price has been affected by the ongoing market decline and has potentially abandoned the anticipated bull pennant breakout. However, the pattern is still valid, and a little more consolidation between $130 and $161 should allow it to remain viable for a breakout.
An early Ethereum investor has continued a two-week Ether selling spree as Ether's price has slumped 10% since the start of October.
The crypto prices today have shown a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price rested at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a waning trajectory.
Traders are positioning for volatility tied to a cloud hanging over the future of decentralized finance regulations in the US.
An influential member of the Solana (CRYPTO: SOL) developer ecosystem has openly challenged renowned whistleblower Edward Snowden to prove his claims about the blockchain's centralization, sparking a heated debate in cryptocurrency circles. What Happened: Mert Mumtaz, CEO of Solana-based developer platform Helius, took to X to challenge Snowden's assertion that Solana is a centralized network and asked him to provide concrete data to back the claim.
Edward Snowden, the renowned whistleblower and privacy advocate, made sharp comments about Solana during the TOKEN2049 conference in Singapore. After delivering his speech, titled “The Next Threat to Speech,” Snowden engaged in a Q&A session where he criticized Solana's architecture, expressing concerns about its centralized nature and the types of projects it facilitates.
Ethereum price extended its decline below the $2,450 level. ETH is now consolidating and might struggle to recover above the $2,425 level.
Leading cryptocurrencies continued to trade in the red as geopolitical tensions kept risk appetite in check.
Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for.
BNB faces a critical test as Binance's regulatory success meets market volatility.
Whistleblower Edward Snowden took aim at Solana, renewing an old debate—and prompting SOL believers to defend the network.
Dogecoin's price has taken a big step, back falling by 18% from its peak on Saturday. Dogecoin's brief surge has come to an end with this pullback, and the most recent chart data shows that it is currently trading at $109.09, approximately.
BNB Chain has positioned itself to rival Solana and Tron with a new memecoin launch platform.
Trillion-dollar asset manager Franklin Templeton has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin and Ethereum index exchange-traded fund (ETF). The fund, named the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, seeks to provide investors with combined exposure to both Bitcoin and Ethereum, two of the largest
Scammers are targeting Ethereum projects with a fake extension for developers.
Ethereum's daily active addresses has declined by 18.23% from 382k to 312k YTD. Let's find out how it could impact ETH.
In the ongoing conflict between Iran and Israel, Ethereum (ETH) appears bearish and poised for a significant price drop as it fails to hold an important support level. In addition, ETH's on-chain metrics, such as the Long/Short ratio and future open interest further support this bearish outlook.
Franklin Templeton has submitted a Crypto ETF proposal to the SEC, aiming to offer combined exposure to Bitcoin and Ethereum. The post Franklin Templeton submits Bitcoin & Ethereum index ETF proposal to SEC appeared first on Crypto Briefing.
Top L2 are already the basis for a thriving ecosystem, producing more than $140M in earnings for the past 12 months. Chains are already differentiating by use cases and culture for different decentralized activities.
It's been a rough start to October for SOL, with the Solana price down roughly 8% already as Middle Eastern tensions ramp up.
Cryptocurrency markets are trading lower as markets continue to cope with geopolitical uncertainty. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,836 -1.6% Ethereum (CRYPTO: ETH) $2,393 -4% Solana (CRYPTO: SOL) $140.87 -4% Dogecoin (CRYPTO: DOGE) $0.1034 -3.4% Shiba Inu (CRYPTO: SHIB) $0.00001617 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12% and daily active addresses increasing by 17.6%.
Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.
The head of digital assets at BlackRock, Robert Mitchnick, is reportedly saying that the spot Ethereum (ETH) exchange-traded fund (ETF) launched earlier this year by the global investment giant has attracted a lower volume of inflows relative to a similar Bitcoin (BTC) product.
Bankless founder Ryan Sean Adams recently sounded the alarm over North Korean IT workers infiltrating cryptocurrency projects.