Cardano (ADA) has been making significant strides in the crypto market recently, driven by broader bullish momentum and a surge in whale accumulation. Just a few weeks ago, Cardano spiked to a multi-year high of $0.8466, a level not seen since April 2022.
The wallet's new feature promises to address a hassle that has been faced by every crypto user.
Recent whale activity and market fluctuations are casting doubt on the token's long-term trajectory.
Ethereum's decentralized application (d App) ecosystem is breaking records as transaction volumes hit a staggering $3.54 billion in November 2024. This 38% month-on-month growth highlights Ethereum's expanding role in De Fi, NFTs, and beyond, even as ETH consolidates near $3,114.
Analyst has revealed that altcoin season has kicked off as Ethereum finally appears to be gearing up for a major rally.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
Bitcoin recently reached a new all-time high of over $99,000, sparking a significant surge in the altcoin market. Consequently, Ethereum, the second-largest crypto by market cap, climbed to its highest value in four months.
Cryptocurrency markets are trading higher, with Bitcoin hovering around $100,000 and Jim Cramer suggesting it is “a winner.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,254.71 +0.88% Ethereum (CRYPTO: ETH) $3,281.28 -2.1% Solana (CRYPTO: SOL) $253.09 -0.8% Dogecoin (CRYPTO: DOGE) $0.3987 +3.7% Shiba Inu (CRYPTO: SHIB) $0.00002463 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 47.5% and daily active addresses growing by 27.2%.
A cryptocurrency trading expert has identified Ethereum's (ETH) latest price surge as a key signal for the start of a new bull market, potentially propelling the asset to as high as $8,000 in the coming months.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
The next few weeks are crucial for ADA as it navigates altcoin trends and Bitcoin's potential correction. Reaching $1 could be the catalyst it needs.
Ali Martinez, a technical and on-chain analyst, has recently shared a thread on X highlighting Cardano's nearly 200% surge in the last three weeks. However, he remarked that this is nothing compared to what is coming. Amidst a broader market optimism and altcoin gaining momentum, Cardano looks all poised to rally to new highs.
Ethereum (ETH), the second-largest cryptocurrency, has been making steady progress in its price recovery. However, a bold new prediction from analyst Benjamin Cowen suggests Ethereum might hit the $6,000 milestone, marking a significant 100% increase from its current levels.
Ethereum, Solana, and Avalanche are forming bullish price action and appear poised to follow bitcoin's surge.
The Ethereum (ETH) price has resumed selling pressure after reaching over the $3,200 resistance level. Price analysis by Coinidol.com.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Ethereum's next big move? 5 key metrics suggest ETH may follow Bitcoin's record-breaking rally soon!
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 43% over the past week and over 140% in the last 12-month period amid a wider cryptocurrency market rally. ADA's surge was notably accompanied by a rise in whale transactions.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
Cardano (ADA) has been one of the crypto market's top performers in November. In just one month, ADA has rallied by more than 120%.
TL;DR Crypto market faces volatility as over $3 billion worth of Bitcoin and Ethereum options expire. Bitcoin's put/call ratio reflects bearish sentiment, while Ethereum shows growing optimism. Contract expirations could lead to price fluctuations, affecting the short-term trajectories of BTC and ETH.
Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum's current inflation rate is 0.35%.
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
Ethereum (ETH) lost its three-year support against Bitcoin (BTC) as the most prominent cryptocurrency rallied towards its $100,000 target on Friday, November 22. ETH has faced sticky resistance at $3,500 for nearly four months while competitors hit record highs this cycle.
While Ethereum still faces challenges in breaking past its peak, Solana has made a strong recovery from FTX's collapse.
As of now, two heavyweight block producers are in charge of 95% of all Ethereum (ETH) blocks. This opens a path for potential transaction censorship opportunities associated with advanced MEV strategies.
Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum's EigenLayer, to strengthen the Mishti Network's security and continue bringing digital identity solutions for the application of blockchain technology.
Gnosis founder Martin Köppelmann says Ethereum needs to move away from “centralized” L2s like Base and adopt native rollups.
TL;DR Cardano (ADA) hits its highest price since May 2022, surpassing 90 cents. Big investors are accumulating ADA, with over $12 billion in the hands of whales. On-chain activity and institutional interest point to a possible stability in ADA's rally.
An Ethereum (ETH) whale, dormant for eight years, has woken up and started selling over $1.3 billion in profits. The whale has held a $2.4 million initial ETH investment since 2016, accumulating a 558-fold return by November 2024.
Cardano has been rising since the day of the US election. With some corrections at important levels of Fib, ADA has surged by 189% in the last 16 days. The token was at this price last in May 2022 when the market was falling. It had fallen from an ATH of $3.
A massive Ethereum whale that accumulated nearly 400,000 ETH when the second-largest cryptocurrency by market capitalization was trading at around $6 per token has recently restarted selling. According to data shared by on-chain analysis firm Lookonchain, the whale accumulated a total of 398,889 ETH for around $2.
Analysts expect the 2017 bull rally to occur again as Cardano (ADA) and XRP prepare themselves for the season. Both coins are gaining support and are increasing the probability of new investors coming into their respective ecosystems. While these giants prepare for another potential breakout, all eyes are on one emerging star: Rexas Finance (RXS).
Cardano (ADA) has been one of the standout performers in the crypto space over the past month, showing a remarkable surge in its price. Over the last 30 days, the price of ADA has more than doubled, and it is currently trading at its highest point of the year.
Several indicators point to an imminent bullish breakout for Ethereum price in the near term as Bitcoin price approaches a major psychological target of $100K.
Cardano's price smashes new yearly highs at $0.92 for the first time since April 2022. Then the price continued to drain as the markets were stuck within a rising bear market, but now they are at the foothill of a huge bull run.
Cardano (ADA), the ninth-largest cryptocurrency, is setting its sights on the $1 mark, reaching highs of $0.919 in today's trading session.
What happens when a sleeping crypto giant stirs? That's the question haunting Ethereum traders right now. A wallet that sat untouched since 2016 suddenly became active, sparking a massive selloff. With millions still at play, Ethereum's future feels a bit uncertain.
Cardano price has soared to new heights in the last 24 hours, riding a wave of optimism in the cryptocurrency market. ADA has reached a two-year high, breaking multiple resistance levels, fueled by increased investor interest and a broader market rally.
A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.
MetaMask launched its “Gas Station” feature, allowing users to complete token swaps without needing ETH or paying gas fees.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
In an unprecedented event, a dormant Ethereum whale caused a stir across the broader market on Friday, heavily dumping tokens amid the hovering bullish sentiment. Recent data pointed out that the whale dumped nearly $224 million worth of tokens, raising price drop concerns among crypto enthusiasts globally.
Ethereum's derivatives market is experiencing a bullish surge, with futures open interest climbing over 12% to reach an all-time high of $20.8 billion on Friday. The post Ethereum Futures Surge to $20.8B as Price Hits $3,365, Signaling Bullish Momentum: CryptoQuant appeared first on Cryptonews.
Ethereum continues to hold a commanding position in the stablecoin market, maintaining 52.59% of the total stablecoin supply, despite rising competition from other blockchain networks like TRON and Solana. As the leading smart contract platform, Ethereum's dominance is evident in both the supply and turnover of stablecoins like Tether (USDT), USD Coin (USDC), and various algorithmic stablecoins.
On November 20, crypto whales offloaded significant amounts of Cardano (ADA), disrupting its bullish momentum. However, the narrative shifted today as the Cardano whales' accumulation has taken center stage.