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news-imageOctober 25, 2024

Why Ethereum is Down Today? Is Institutional Demand Shifting to Bitcoin?

After an unsuccessful attempt to break through the resistance level of around $2760 in the past two weeks, Ethereum (ETH) price has dropped over 5 percent in the last five days to trade at about $2,495 on Friday, October 25, during the early European session.
Publisher: CoinPedia
Sentiment: Negative
BTC
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Positive
cover-imageCryptoSlate
October 25, 2024

Metaplanet's Bitcoin strategy earns 116% yield for shareholders

Tokyo-listed investment firm Metaplanet has announced that its ongoing Bitcoin purchases have delivered positive returns for shareholders, with a reported 116% yield this month, according to an Oct. 25 statement. This gain reflects a substantial jump from the 41.7% yield recorded on Metaplanet's Bitcoin holdings from July 1 to Sept.

Negative
cover-imageThe Currency Analytics
October 25, 2024

Bitcoin Developer Peter Todd Goes Into Hiding Following HBO Documentary

Peter Todd, a prominent Bitcoin core developer, has reportedly gone into hiding after being mistakenly identified as Satoshi Nakamoto in an HBO documentary released on October 8. This revelation has led to a surge of harassment directed at Todd, including numerous unsolicited emails from individuals seeking financial assistance.

Positive
cover-imageNewsBTC
October 25, 2024

Ethereum ‘Verge' Upgrade To Simplify Running Nodes On Phones And Wearables

In a post published on October 23, Ethereum (ETH) co-founder Vitalik Buterin shared details about ‘The Verge' upgrade, which aims to make it easier to run validator nodes. New Ethereum Upgrade To Make Running Nodes Easier Buterin highlighted several issues currently facing the Ethereum network, particularly the high resource requirements needed to run Ethereum nodes.

Positive
cover-imageBenzinga
October 25, 2024

The 'Ethereum Killer' Lives Up To Its Name: Solana Outperforms ETH by 19% Over A Week, But Can The Second-Largest Coin Stage A Comeback?

Ethereum and Solana have plotted drastically divergent trajectories over the past week or so, causing investors eager to shift capital away from Bitcoin (CRYPTO: BTC) to sit up and take notice. What happened: Solana, often touted as the "Ethereum Killer," spiked over 13% in the last seven days, faring among the top weekly gainers.

Neutral
cover-imageUToday
October 25, 2024

Microsoft Board Snubs Bitcoin

According to a recent SEC filing, Microsoft shareholders are on track to vote on a proposal to assess whether the company should diversify its balance sheet by including Bitcoin during their Dec. 10 meeting.

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