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news-imageDecember 4, 2024

Crypto Market Alert : .S. Transfers $17.2M ETH, 54.8B SHIB, and More

The U.S. government has once again moved significant amounts of cryptocurrency seized during legal battles involving FTX and Alameda Research. This latest development adds to the ongoing management of billions of dollars in digital assets confiscated from high-profile crypto collapses.
Publisher: CoinPedia
Sentiment: Negative
ETH
SHIB

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Positive
cover-imageBenzinga
December 4, 2024

Pepe Chases Dogecoin, Shiba Inu As Congress Member Tweets Frog Meme: 'Nice Bounce Off Support Is Bullish,' Trader Announces

Pepe (CRYPTO: PEPE) saw a surge in trading activity following its listing announcement on Binance US, with analysts predicting further upward movement. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Pepe (CRYPTO: PEPE) $0.00002031 $8.5 billion +4% +4.7% +152.4% Dogecoin (CRYPTO: DOGE) $0.4033 $59.3 billion +0.14% +1.1% +158.4% Shiba Inu (CRYPTO: SHIB) $0.00002928 $17.3 billion +5.7% +16.3% +76.1% Dogwifhat (CRYPTO: WIF) $3.13 $3.1 billion +1.9% +1% +57% Trader Notes: Crypto trader Davie Satoshi noted the bounce from key support levels as a positive sign, indicating bullish momentum may be on the horizon.

Positive
cover-imageCoinPedia
December 4, 2024

Ethereum Crosses $3,800; Higher Move Towards $4,000 Soon?

Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.

Positive
cover-imageUToday
December 4, 2024

Billions of Shiba Inu (SHIB) Leave Coinbase into Unknown as Price Finds Bulls' Support

An unknown major investor recently withdrew over 80 billion Shiba Inu (SHIB) tokens from leading U.S. crypto exchange Coinbase. According to on-chain data from Arkham Intelligence, the previously empty wallet under the code "0xE0624" began actively transferring SHIB tokens from Coinbase today and managed to add $2.39 million worth of Shiba Inu to its holdings in 13 hours.

Positive
cover-imageUToday
December 4, 2024

Ethereum (ETH) Resumes Its $4,000 Price Journey

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.

Positive
cover-imageUToday
December 4, 2024

10.43 Trillion SHIB in 24 Hours: Shiba Inu Price Suddenly up 7%

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase of 7% within the last 24 hours. Within this time frame, the volume of large transactions, which refers to those greater than $100,000, came in 10.43 trillion SHIB tokens, or $299.13 million, according to IntoTheBlock data.

Positive
cover-imageBenzinga
December 4, 2024

'Ethereum Killer' Hyperliquid Explodes For 274% 7-Day Gain, Could Create 'More Millionaires Than Microsoft At This Rate,' Trader Says

Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.

Neutral
cover-imageFinbold
December 4, 2024

Is $4,000 next for Ethereum? Expert analysis

Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.

Positive
cover-imageBenzinga
December 4, 2024

Bitcoin, Ethereum ETFs Recorded Over $800 Million In Inflows On Tuesday

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.

Positive
cover-imageBenzinga
December 4, 2024

Ethereum Clone Tron Surges 60% In A Day, Outpaces XRP In Weekly Gains: Why Is TRX Going Up?

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

Positive
cover-imageBenzinga
December 4, 2024

Ethereum Rallies 50% In A Month, Trader Predicts 'Legendary Breakout': What's Driving The Surge?

Ethereum (CRYPTO: ETH) is continuing its rally, buoyed by record-breaking ETF inflows and positive market sentiment, with traders remaining bullish on its future performance. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,738.69 $450.3 billion +3.7% +7.9% Bitcoin (CRYPTO: BTC) $96,273.28 $1.9 trillion +1.5% +3.2% XRP (CRYPTO: XRP) $2.61 $148.8 billion -6.7% +83% Trader Notes: Crypto trader The Moon Show highlighted Ethereum's bullish structure, noting a bounce off ascending support and the formation of a potential 4-hour double bottom.

Positive
cover-imageUToday
December 4, 2024

Shiba Inu (SHIB) Begins Second Phase of Its Bull Cycle

Shiba Inu (SHIB) is capitalizing on the broad revival in the digital currency ecosystem to chart a bullish growth trend. After dropping as low as $0.00002713 over the past 24 hours, the token has managed to breach the $0.00003 price mark in an unexpected rebound push.

Positive
cover-imageThe Currency Analytics
December 4, 2024

XRP Needs 200% Rally to Flip Ethereum and Reclaim 2nd Spot

XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.

Positive
cover-imageThe Currency Analytics
December 4, 2024

Record Inflows in Bitcoin and Ethereum ETFs: What It Means for the Crypto Market's Future

Cryptocurrencies have been gaining traction as institutional investors continue to show increasing interest, particularly through financial products like spot Bitcoin and Ethereum exchange-traded funds (ETFs). This trend was underscored on December 2, when Bitcoin and Ethereum ETFs saw significant inflows, signaling a shift in the financial landscape.

Positive
cover-imageCoinPedia
December 4, 2024

Ethereum Price Prediction (Dec 4th 2024)

As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand.

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