BlackRock has strategically expanded its cryptocurrency portfolio, acquiring 529.552 Bitcoin and 2,420 Ethereum. This expansion brings its total holdings to 358.08K BTC and 349.97K ETH, collectively valued at approximately $23.5 billion.

Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.

Cryptocurrency markets are trading sideways as BlackRock leads total U.S. Spot Bitcoin ETF net inflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,252.75 -0.8% Ethereum (CRYPTO: ETH) $2,579.65 -2.2% Solana (CRYPTO: SOL) $150.04 -1.9% Dogecoin (CRYPTO: DOGE) $0.1095 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00001548 +5.3% Notable Statistics: IntoTheBlock data shows an increase of 11.5% in large transaction volume and a decrease of 5.1% in daily active addresses.

Ethereum has largely mirrored Bitcoin in terms of price action and has yet to break out on its own accord in the past few months. According to price data, Ethereum is up by 13% in the past seven days, outpacing Bitcoin's increase of 5.8% in the same time frame.

DeFi protocol Ether.fi reported an attempted domain account takeover on Sept. 24 involving its domain registrar, Gandi.net, according to a Sept.

A CryptoQuant analyst stated that “a sustained uptrend in the funding rates” could drive ETH's price recovery.

Ethereum signals potential short-term fluctuations, with the ETH Short-Term Bubble Risk indicator flipping bearish.

A new report projects that Solana (CRYPTO: SOL) could see its market value surge to $330, capturing 50% of Ethereum's (CRYPTO: ETH) market cap. What Happened: The report by MarketVector, a thematic index provider backed by VanEck, highlights Solana's superior performance metrics and suggests that the cryptocurrency is significantly undervalued compared to Ethereum, presenting a major investment opportunity.

DefiLlama's Dex data revealed that Solana had outperformed Ethereum's Dex volume for the second time in a week. According to DefiLlama's data, Solana's Dex volume surpassed Ethereum's Dex volume by approximately $0.01B in the last 24 hours.

A notable 168% increase in Ethereum's burn rate in the last week indicates increased on-chain activity and possible price implications for the asset.

Solana's potential rise to 50% of Ethereum's market value could significantly alter the competitive dynamics within the cryptocurrency market. The post Solana could hit 50% of Ethereum's market value, predicts VanEck appeared first on Crypto Briefing.

Should that happen, SOL's price could more than double, according to the current numbers.

TL;DR XForge Launched: XProtocol will introduce the XForge, a $299 smartphone optimized for gaming and DePIN features. Benefits for owners: Early buyers will receive a Xardian node and 10% of the total token supply. Market competition: The launch of XForge comes in a context of increasing competition with Solana Seeker.

The United States Securities and Exchange Commission (SEC) has delayed deciding on Nasdaq's proposed rule change to allow the listing and trading of options on BlackRock's Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust (ETHA).

Visa has launched its Tokenized Asset Platform (VTAP), aiming to provide financial institutions with tools to experiment with tokenized assets on blockchains. This new platform is set to transform how banks engage with digital financial markets, leveraging blockchain technology to issue fiat-backed tokens representing real-world assets.

Speaking at the European Blockchain Convention, Bitwise CIO Matt Hougan expressed confidence that spot Ethereum ETFs will succeed despite a slow start. Ethereum (ETH) exchange-traded funds may have launched too early, crypto.

For investors, ETH's future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.

Blockchain governance is a complex topic, where competing visions of decentralization are at play. While Ethereum presents itself as one of the most influential platforms in the crypto universe, Cardano's founder, Charles Hoskinson, sees a different picture.

Hoskinson critiqued Ethereum's governance, comparing it to a dictatorship centered around Vitalik Buterin. Cardano's model aims to balance efficiency and democracy, avoiding Bitcoin's anarchy and Ethereum's centralization.

Things are starting to look good in the DeFi market again as top coins like Ethereum (ETH) are back in their bullish state. In a recent turn of events, some ETH whales sold off their investments and subsequently drove up the price of the token by a long shot. This surge has convinced analysts that ETH will touch the $2,700 mark any time now.

Solana has the potential to reach 50% of Ethereum's market cap according to a recent report by VanEck's subsidiary, Market Vector. Over 3,000% more transactions get processed on Solana network as compared to Ethereum, with over 1,300% higher number of daily active users.

Ethereum's bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action. This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend.

Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts.

Ether.fi, a liquid restaking protocol, narrowly avoided a security scare after attackers attempted to hijack its domain name through its registrar, Gandi.net.

XProtocol's crypto-powered Android phone will launch later this year, with the XForge priced at just $299.

In a recent turn of events, the SEC has opted to delay its decision on BlackRock's proposal for a spot Ethereum ETF.

The challenge is to foster on-chain utility that adds meaningful long-term value to users, researcher Matthew Kimmell wrote.

The SEC has delayed its decision on Ethereum ETF options. Analysts believe Ethereum ETF options could boost liquidity if approved.

Visa to develop a platform for banks to test fiat-backed blockchain tokens Visa has announced the launch of the Visa Tokenized Asset Platform, aiming to help banks and financial institutions explore the use of tokenized assets on blockchains, according to

The price of Ethereum (ETH) has risen above the moving average lines and reached a high of $2,629. ETH price analysis by Coinidol.com.

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason?

Despite the ongoing market volatility, the ETH price has managed to hold firm above $2,600 supported by the surge in the Ethereum funding rate. Development in the derivatives market shows that investors are turning bullish eyeing a rally to $3,000.

According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Nasdaq's proposed rule change regarding the listing and trading of options.

Cardano price surged over the last seven days, gaining 15% and briefly entering back into the top 10 ranks before getting ousted once more. The Cardano community is bullish on the asset, although critics still question the numbers on the network.

A decision on Ethereum ETF options has been pushed back to November, four days after Blackrocks's IBIT options trading was approved.

Cardano Founder Charles Hoskinson recently addressed concerns and media reports regarding the governance model of Ethereum. In an interview during the TOKEN2049 conference in Singapore, Hoskinson, who also co-founded Ethereum, expressed his views on the centralization of decision-making within the Ethereum network.

One can notice that Rexas Finance (RXS) is unique in its approach when it comes to the current cryptocurrency challenges owing to its focus on Real World Asset (RWA) tokenization.

Ether has displayed its strength recently, bouncing back after the digital currency's price had been stuck in the doldrums.

TL;DR Shift to Altcoins: As Bitcoin stabilizes, traders are moving to high-reward altcoins, driven by Bitcoin's price stability and the potential for faster profits from smaller coins. Ethereum's Recovery: Ethereum is leading the altcoin resurgence with significant weekly revenues, boosting market dominance and encouraging investment in other promising altcoins.

Key points:

Ether.fi credits security upgrades and partners for thwarting a domain account takeover before user funds were compromised.

Matthew Siegel, the head of digital asset research at VanEck, a prominent U.S. hedge fund with assets totaling $101.9 billion, shared some compelling insights about Ethereum (ETH). As the cryptocurrency market remains dynamic, Siegel's observations may indicate a turning point for investors looking to capitalize on Ethereum's recent performance.

He argued that Vitalik Buterin, one of Ethereum's co-founders, holds too much power in deciding how the network develops. This statement came during an interview at Token2049 in Singapore, where Hoskinson shared his thoughts on Ethereum's governance model.

The precious metal charted another all-time high against the dollar at $2,670 today.

Cardano is set to solve the decentralization issue that has long affected the crypto space by providing a decentralized model for balanced decision-making and community empowerment.

Charles Hoskinson, the founder of Cardano (ADA), is never one to shy away from stirring the pot.