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Recent developments in the Ethereum market indicate a notable increase in whale transactions as its price fell to $2,380 on October 25, 2024. This surge in whale activity reached a six-week high, reflecting growing interest from large investors and potential for price rebounds.
Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. Solana surpassed Ethereum in daily transaction fees for the first time, generating approximately $2.54 million on October 28, 2024, compared to Ethereums $2.07 million.
In a surprising move, Reddit announced a substantial sale of its Bitcoin and Ethereum holdings in Q3 2024, citing minimal financial impact in an SEC filing. This significant crypto exit comes as Reddit reconsiders its treasury approach amid a challenging economic environment.
Analysts are projecting a rally in the altcoin market soon.
The price of Dogecoin recently skyrocketed, making headlines as it hit levels not seen in months. Increased attention from well-known individuals and communities that support Dogecoin as a legitimate digital currency, along with renewed market interest and conjecture about its possible applications, appear to have contributed to the meme-inspired cryptocurrency's sharp increase in value.
New American asset manager Canary Capital has filed to launch a spot Solana ETF in the United States, making it the third such firm to do so.
Ethereum (ETH) has seen its price soar over 5% in just one day, reaching approximately $2,618 as of October 29. This surge comes alongside Bitcoin's impressive rise, which has surpassed $71,000 for the first time since June.
The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up.
Ethereum (ETH) price has climbed more than 7% in the last seven days. Despite the gains, whale activity remains cautious, reflecting some hesitation among large holders.
The bulk of Reddit's cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is displaying bullish signals that suggest a potential upside rally. Recent trends indicate a substantial amount of ETH has been withdrawn from exchanges, coupled with favorable on-chain metrics that could set the stage for significant price movements.
Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.
In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794. As BTC rallied by over 8.
The first public testnet for =nil; protocol, an Ethereum layer-2 that uses zero-knowledge sharding, is now live. =nil; Foundation announced the testnet v1 on Oct.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Ethereum has been lagging Bitcoin's rally by 50%. A break below $2121 targets $700-1000.
Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum's potential to break out.
Ethereum (ETH) has seen a remarkable surge in activity recently, with over 300,000 tokens withdrawn from exchanges within a single week. This significant movement coincides with ETH's price stabilization around the $2,500 mark, suggesting a potential change in investor sentiment that could influence the cryptocurrency's trajectory moving forward.
Amid ongoing bullish recovery, the Bitcoin price is only a few dollars away from achieving a new ATH! Following this, the market has experienced a parabolic price action with major projects heading toward a new high.
TL;DR Morph Public Chain has officially launched its platform on the Ethereum mainnet, improving the accessibility of blockchain technology for everyday users. During the test phase, it registered over 6 million addresses and completed over 100 million transactions, with more than 200 projects implemented on the platform.
Ether (ETH) has established itself as the industry's second most valuable cryptocurrency after Bitcoin for many years. The notion of BTC as “digital gold” has gained traction, with Ethereum often dubbed the “digital silver.
TL;DR The =nil; Testnet v1 is now available to all developers. This testnet represents a step towards an L2 that combines appchain scalability with monolithic composability, based on zkSharding. Improvements have been made to the developer experience and concrete examples are provided to make the network easier to use.
In a newly released report, the Proof of Stake Alliance (POSA) and co-authors Khushi Wadhwa, Nikhil Raghuveera and Jane Khodarkovsky urge the Ethereum community to assess the legal and policy ramifications of unconditional inclusion lists, a mechanism proposed to ensure censorship resistance on Ethereum.
