The crypto market today has been super optimistic with the market capitalization of the industry soaring by 5.25% to $3.64 trillion. This move was catalyzed by Bitcoin reclaiming the $100k mark on its daily chart. Despite the greenish numbers, the trading volume took a hit of 24.07%, settling down at $216.31 billion.
Aave recorded significant gains, emerging as the top gainer among the leading 100 crypto assets, amid the market-wide bullish momentum. Aave (AAVE) surged 34% in the past 24 hours and is trading at $355 at the time of writing.
Trump-linked World Liberty Financial recently increased its Ethereum holdings to over $50 million.
The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.
Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains.
BlackRock and Fidelity purchased $500 million in Ethereum through their spot ETFs, driving record inflows and showcasing growing institutional confidence in the leading altcoin.
World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, purchased Ethereum (CRYPTO: ETH) worth $10 million on Wednesday. What Happened: According to on-chain tracking platform Lookonchain, World Liberty Financial spent $10 million worth of stablecoin USD Coin (CRYPTO: USDC) to buy 2,631 ETH at a per-unit price of $3,801.
Ethereum price started a decent increase above the $3,650 zone. ETH is now rising and might aim for a move above the $3,900 resistance zone.
The U.S. President-elect Donald Trump is known as a crypto figure and now holds TROG more than any other crypto on his portfolio. According to Arkham Intelligence data on Dec. 12, Donald Trump holds $8.
A wallet associated with the Trump-support project received 1,285 ETH tokens from the decentralized exchange CoW Swap on Wednesday.
Crypto analyst Michael van de Poppe believes that the Ethereum (ETH) bull run in 2024 remains intact, even after failing to sustain the $4,000 level. Sharing his insights on X (formerly Twitter), he outlined the key factors supporting his outlook.
A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.
The two biggest exchange-traded fund (ETF) issuers, BlackRock and Fidelity, bought over $500 million in Ether in the past two days. According to Arkham Intelligence X's post on Dec.
Balancer's version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem.
Both firms largely purchased ether through Coinbase or its institution-focused crypto services platform Prime.
More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?
Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum's ecosystem.
Balancer has unveiled its V3 upgrade, which will optimize liquidity, intensify trading volume, and offer advanced tools for developers.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path.
Ethereum's recent surge past $3,200 highlights renewed investor confidence, driven by favorable economic conditions and growing demand. Polygon is also making headway by strengthening its cross-chain capabilities, enabling seamless asset integration across networks like Ethereum and Solana. But Web3 is truly taking strides in reshaping e-commerce.
Here are some of the latest ETH price forecasts coming from popular analysts.
Balancer, a decentralized exchange and automated portfolio management protocol, has announced that its v3 upgrade is now live.
The altcoin season could begin anytime from now as Bitcoin dominance declines. As the leading altcoin, Ethereum will usher in this season, but there are other altcoins investors should be looking to hold as they could record significant gains during this period.
Aave is about to launch its protocol on Linea following a community vote, months after its forked rival faced scrutiny on the same network.
The US financial regulator is soliciting comments on NYSE's application to list Bitwise's cryptocurrency index ETF.
With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.
Major crypto exchange Coinbase has announced the addition of three crypto assets to its platform, with a particular focus on the Ethereum and Solana networks. These listings include Magic Eden (ME), Turbo (TURBO) and Gigachad (GIGA), each bringing unique value to Coinbase users.
Bulls are back in control of the crypto market on Wednesday, with the Ethereum (ETH) price rallying over 4% back towards $3,800 in wake of the latest US inflation figures all but confirming that the US Federal Reserve will cut interest rates by another 25 bps later this month. The post Ethereum Price Bounces Back to $3,800 – New ATHs Coming This Month? appeared first on Cryptonews.
Amid waning market momentum, Ethereum, the second-largest digital asset, is displaying a notable downswing, falling to multiple support levels. However, with recent developments cited on its chart, the altcoin might witness a major rally that could send ETH to a new all-time high in the upcoming months.
Yesterday, Dec. 10, BlackRock's Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape.
Decentralized exchange Balancer has launched its V3 platform upgrade, focusing on liquidity optimization and improved developer tools.
After Bitcoin's December 10 crash altcoins took a massive hit. However, Ethereum showed strength and has already began its recovery.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.
Billionaire entrepreneur and popular television personality Mark Cuban, while known for his investments in top cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), has not shied away from parking his money in lesser-hyped coins. What happened: During an Ask Me Anything session on X back in January, the popular “shark” revealed that Polygon (CRYPTO: MATIC), now rebranded to POL, and Injective (CRYPTO: INJ) were his favorite cryptocurrency projects outside of Bitcoin and Ethereum.
Bitwise Investments has outlined an ambitious outlook for 2025, predicting Bitcoin (CRYPTO: BTC) will surpass $200,000 while Solana (CRYPTO: SOL) emerges as a major player in decentralized finance (DeFi) and meme coin ecosystems. What Happened: These forecasts, among other bold predictions, underscore the continued evolution and mainstream adoption of cryptocurrencies.
Ethereum's price recovery hits $3,700, fueled by growing institutional demand and $305 million in daily ETF inflows. Will the declining Bitcoin dominance hinting at a new altcoin season drive ETH price for a new all-time high?
Chainlink price is on track for the first weekly drops in a month as the recent rally in the cryptocurrency industry took a breather. Its retreat has mirrored that of other altcoins like Ethereum and Cardano.
Coinbase integrates Chainlink's CCIP into Project Diamond for enhanced cross-chain asset management under ADGM regulation, with Peregrine PSG Digital as its first major user.
Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.
Ethereum's price has retreated from $4,000 to $3,621 amid increasing retail selling pressure on Binance, while institutional ETF demand remains strong, resulting in $234.72 million in liquidations and a $40 billion drop in market cap.
For several months, investors have been turning their attention to crypto ETH, hoping for a significant jump in its value. However, forecasts do not seem to favor the giant of smart contracts.
Will strong ETF inflows stop ETH from falling below $3.5K?
The Ethereum Foundation has unveiled the recipients of its 2022 Academic Grants, supporting research in blockchain technology and Ethereum advancements.
Ethereum trades in the $3.6K zone over the past 24 hours. The market saw $92.74 million worth of Ethereum liquidated.
Chainlink has partnered with Coinbase's Project Diamond to enhance tokenized asset management with interoperability and regulatory compliance in the Asia-Pacific region.