Ethereum (ETH) whales have caught the attention of the market by accumulating 330,000 ETHworth approximately $1 billionover the past two weeks. Analysts speculate this could signal Ethereums potential to surpass the $5,000 price mark.
Ethereum (ETH) exchange-traded funds (ETFs) saw a remarkable surge in inflows on Monday, recording the highest daily inflow in 30 days, signaling strong institutional interest in the leading smart contract platform. Despite the increasing capital inflows, Ethereum's price remains stagnant, causing some market observers to speculate on potential price movements in the near future.
The cryptocurrency market is experiencing a downward trend. As of 8:30 AM on the 23rd, according to TokenPost Market, Bitcoin is trading at $103,882 (approximately 149.13 million KRW), down 1.99% from the previous day.
Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network.
Will Ethereum's push for staking revenue reshape its future, or is it too late?
Given that the asset is on the verge of marking a lower high, XRP's recent bullish rally is about to face a crucial turning point. This possible development may indicate that the current bull run is coming to an end, which will worry investors who have seen a notable upswing in the last few months.
Bitcoin and Solana have been leading the charge in the cryptocurrency market, seeing substantial gains and attracting attention from investors worldwide. However, one prominent crypto analyst is now raising alarms, warning that the two assets could be nearing the peak of their current bull runs.
CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22.
The Chicago Mercantile Exchange (CME) plans to launch futures trading for XRP and Solana (SOL) on February 10, pending regulatory approval, according to a Jan. 22nd X post by Bloomberg ETF analyst James Seyffart. The information comes from a staging version of CME's official website, which hinted at the upcoming release.
The Chicago Mercantile Exchange (CME) is reportedly preparing to introduce futures contracts for Solana and XRP. There's a potential launch date of February 10, contingent on regulatory approval.
Ethereum (ETH) has been underperforming in recent weeks, with its price action leaving investors disappointed following last week's flash crash and heightened volatility. Despite initial hopes for a recovery, ETH has struggled to regain momentum, trending downward since mid-December.
Numerous cohorts of Ethereum addresses added over 330,000 ETH in the last two weeks. Is this a sign that a $5,000 ETH price is in the making?
One of the Solana developers, focusing on the Firedance validator client, has moved on to build his own project and a new L1 chain.
Solana price surged by another 5.6% as it reached $271 on Wednesday bringing its 10-day timeframe gains above. Market reports suggest the latest rally is linking to CME group listing SOL on the world's largest derivatives exchange.
Pantera Capital general partner and portfolio manager Cosmo Jiang joins CoinDesk to discuss their investment in Solana and the growth of the blockchain in the past year. Plus, recent movements across the crypto market and outlook on the convergence between AI and blockchain.
Lido founder Konstantin Lomashuk shared an X profile called “Second Foundation,” which was created amid discussions about the effectiveness of the Ethereum Foundation's (EF) efforts for the ecosystem. However, Lomashuk clarified that no such entity has been created, and he would share his thoughts on the EF case soon.
A mysterious “Second Foundation” X account sparked debate about the past and future of the EF and the need to compete.
Solana rallied by 7% on Jan. 22, but a few data points suggest a move to SOL's all-time high could take longer than expected.
The overall crypto market was experiencing some selling pressure on Wednesday after President Donald Trump's second day in office, which went without the new commander-in-chief mentioning crypto despite the industry's anticipation that he'd establish a strategic Bitcoin reserve on day one.
Shiba Inu's lead developer, Shytoshi Kusama, has sparked discussions across the crypto space after responding to a critic on Twitter who claimed the token must hit $0.50 to regain their attention.
The potential launch of XRP and Solana futures on CME could enhance market liquidity and attract institutional investors, impacting crypto adoption. The post CME leak suggests XRP, Solana futures may debut on February 10 appeared first on Crypto Briefing.
According to the CME, 29.4 million crypto futures contracts were traded in 2024, valued at over $1.7 trillion in notional figures.
The CME's staging website indicated investors could soon access futures contracts for Solana and Ripple's XRP.
SHIB could soar by 20% to reach the $0.000025 level in the future.
Brian Armstrong, Coinbase CEO, announced plans to enhance Solana (SOL) support to match Bitcoin and Ethereum. Following the resolution of transaction issues, Coinbase seeks to improve user experience amid Solana's rapid adoption in DeFi, NFTs, and gaming sectors. The post Coinbase CEO Says Solana Backlog Fixed, Plans Tier-1 Support for SOL appeared first on Cryptonews.
Lido's Konstantin Lomashuk said "no actual second foundation has been created yet," following rumors of a splinter organization.
New data from crypto analytics platform Arkham reveals that President Donald Trump's decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH.
Solana's DEX volume ratio compared to Ethereum has reached an unprecedented 268% in January.
Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.
American financial services giant, CME Group is making moves to launch an XRP and Solana Futures Exchange Traded Fund (ETF) in the United States. According to circulating report, the CME Group has launched a dedicated page for these new products, highlighting the contract specifications.
In a now deleted "staging subdomain" page CME reported to have said futures contracts for XRP and SOL will go live on Feb. 10.
Chicago-based futures giant CME is launching XRP and SOL futures, pushing these tokens further into the mainstream.
Toncoin's normalized risk has entered a low-risk area, signaling a buying zone.
Futures trading for XRP and SOL will go live on the CME on Feb. 10, pending regualrtoy approval, according to the CME Group's staging website.
Current market conditions might be cautious but it is still a bull market—simply zoom out. So far, Solana (SOL) and Ripple (XRP) have led in gains following the recent big leap. With further upswings on the cards, they are set to lead the bull run, making them altcoins to watch.
Shiba Inu price tumbled towards $0.0000021 on Wednesday Jan 22, reflecting 15% losses on the weekly timeframe. On-chain data shows the recent market dip has coincided with a considerable decline in whale demand for SHIB, as newly-launched memes linked to Donald Trump drew investor attention.
The crypto community is relieved as Trump pardoned Silk Road creator Ross Ulbricht. Now, Ethereum co-founder Vitalik Buterin and others in the ETH community are urging the release of Ethereum developer Virgil Griffith and Tornado Cash co-founder Roman Storm. As a result, the Ethereum community is now asking for Trump's assistance in this matter.
Solana Mobile, the offshoot of the Layer-1 network that designs Web3-based Android phones, has shared a new update regarding its next product release – the Seeker Mobile. As announced on X, it has released the design for the Seeker phone specs based on prospective user demand.
Cardano (ADA) has been a focal point of the crypto market's volatility, experiencing sharp price swings over the past week, particularly during the weekend. In just a few days, ADA has dropped over 18%, leading to growing fear and uncertainty among investors.
Konstantin Lomashuk, Lido Finance's co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures.
Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
On January 21, Solana apps accounted for 73.3% of all crypto app earnings within the day, significantly outpacing networks like Binance Smart Chain (BNB) and Ethereum. The blockchain's app revenues have been recording highs since the second half of 2024.
The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.
Vitalik Buterin, alongside others in that community, are calling on the Trump administration to help free Virgil Griffith and Roman Storm.
Ramp Network, a crypto on-and-off ramp solution platform, has announced that users can now sell their crypto directly from Ethereum layer-2 networks via MetaMask.
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Vitalik Buterin's recent plans for the Ethereum Foundation have sparked heated debates across the crypto world. From his push for decentralized governance to Justin Sun's bold claims of boosting ETH to $10,000, the future of Ethereum seems to be at a crossroads.