Increased bullish bets on ETH price could fuel the altcoin season calls, BUT

Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.

Ethereum (ETH) is making waves in the cryptocurrency market, with Open Interest (OI) hitting a record high of $22 billion on November 26, 2024. This represents an 8.9% increase in just 24 hours and marks a significant milestone for the second-largest cryptocurrency.

Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking, according to a Nov. 26 statement shared with CryptoSlate. The program aims to empower token holders to participate in securing the network while earning rewards.

Bitcoin ETFs witnessed unprecedented inflows of $3.12 billion last week, setting a new record in digital asset investments, according to CoinShares.

Ethereum (CRYPTO: ETH) is attracting significant attention, as traders anticipate a potential rally supported by seasonal trends and robust fundamentals. What Happened: Trader MaxBecauseBTC on X highlighted that December through April, especially following a Bitcoin halving, is historically the best time to hold Ethereum.

The recent rise has helped the Ethereum price to reclaim the range that it traded before the August drop. After the July rebound, the price failed to clear the $3500 resistance, causing an extreme exhaustion of the bulls.

The 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced a challenging Monday, with outflows reaching $438.38 million during the day's trading. Bitcoin ETFs Bleed $438M in a Single Day as Crypto Prices Plunge.

As Bitcoin soars and meme coins steal the spotlight, Ethereum's struggles may actually be setting the stage for a surprising comeback.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after dropping % on.

For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.

Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.

A crypto whale has moved 5,597 ETH worth approximately $19.4 million to Kraken, adding to the rate of asset movement. This comes following inflows to crypto assets, taking prices to points not recorded in months.

The crypto market is once again witnessing exceptional performance. Solana, often referred to as the blockchain of "fast and accessible solutions," has just reached a historic milestone.

Starknet launches staking with a 20,000 STRK minimum requirement for solo staking while enabling delegation for broader participation.

Ethereum's resurgence is igniting excitement across the crypto space, with traders forecasting a potential surge to $15,000. Amid this bullish wave, Rexas Finance (RXS), an Ethereum-based altcoin, is capturing attention with an ambitious 18,040% price forecast. Currently, in its 7th presale stage at $0.09, RXS has already raised over $12.

As Bitcoin (BTC) price retraced below $93k earlier today, Ethereum (ETH) price retested the crucial support level above $3,300. The large-cap altcoin, with a fully diluted valuation of about $399 billion, slipped nearly 5 percent in the last 24 hours to trade about $3,315 on Tuesday, during the early New York session.

Robinhood has been tailoring its platform to meet the needs of European users. When the company launched its first crypto staking services in May, it was accompanied by the introduction of localized versions of its app for users in Italy, Poland, and Lithuania.

Ethereum is experiencing a significant rise in the use of “blobs”, indicating the increased adoption of Layer 2 scaling solutions like BASE, Arbitrum, and Optimism.

Solana vs. Ethereum: SOL/ETH signals a potential 45% drop, while ETH eyes $4,000 with bullish momentum. Solana's USD pair could correct toward $145 amid resistance.

Base, Coinbase's Layer 2 network, which runs on Ethereum, has hit an all-time high of 9.2 million in daily transaction count.

Despite the BTC price crashing under $95k, the bullish trend in AAVE and UNI reflects a growing trajectory. These altcoins are preparing for the December rally with a breakout rally and a rounding bottom reversal.

Ethereum maintains bullish momentum above $3,400 with strong technical support and increasing buy-side pressure, as multiple indicators point to potential further upside.

On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.

Ethereum bulls have propelled the price to a daily high of $3,545. The daily trading volume of ETH has soared by over 86.25%.

Due to Ethereum's ability to withstand the decline of Bitcoin, there is conjecture afoot that a shift toward altcoins, specifically ETH, is imminent. As Bitcoin struggles to maintain momentum near the $100,000 mark, Ethereum's price movement is attracting attention as it is currently trading above $3,400.

Ethereum (ETH) has experienced a remarkable price increase this November, rising by 34% and reaching a high of $3500, the first time it has touched this level since July 2024. This upswing follows months of fluctuating prices and a period of Ethereum staking withdrawals that have recently turned into record-breaking inflows.

Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity. The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.

Ethereum (ETH) surged to $3,500 on Monday, marking its highest price since July 21, before slipping slightly to $3,475.

Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.

Key Points:

Key Points:

Movement has introduced its native MOVE token, which will play a key role in its ecosystem, with a supply of 10 billion tokens.

Ethereum price started a fresh increase above the $3,400 zone. ETH is consolidating and might aim for a move above the $3,500 resistance.

Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.

Ethereum (ETH) price has climbed 46.11%, marking impressive growth but still making it the second-worst performer among the top 10 largest cryptocurrencies. Its recent rally is supported by increasing whale accumulation and a 7-day MVRV signaling neutral to slightly bullish sentiment.

Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world's second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook.

President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown?

ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.

Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.

At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump's cryptocurrency portfolio is valued at $5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S.

Analysts predict Ethereum will reach an all-time high by the end of this year, but there are problems.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.

Capital flows shift from bitcoin to ether, with the derivatives market signaling growing confidence in ETH near-term upside, analysts said.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.

Ethereum price's delayed growth spurt offers investors a good entry point at a time when on-chain metrics are surpassing its peers.