The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.
Inching closer to the $97,000 mark, the bullish trend in Bitcoin is driving the altcoin rally. Amid the re-found bullish momentum, the Cardano price has reclaimed the $1 psychological mark and has surged nearly 10% over the past 24 hours.
Charles Hoskinson of Cardano just made a huge bold prediction about Bitcoin. And Hoskinson's own Cardano has more than 2x'd in the last 30 days.
Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new post on X, CryptoQuant community analyst Maartunn has discussed about the latest trend in the Ethereum Open Interest.
Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million.
Cardano (ADA) has been among the top performers in the past few days, up 24% on its weekly charts. However, on-chain data reveal alarming insights, suggesting potential declines for the token. IntoTheBlock shows institutional players have left the Cardano ecosystem, potentially to avoid impending losses. ADA's whale transactions have dipped from $45.41 billion to $26.
The overall cash inflow to the Ethereum network and its layer two scaling solutions led by Coinbase-backed Base has significantly increased in the recent past.
Ethereum, the second largest cryptocurrency by market capitalization, is going through a remarkable period. According to data published by the analytics company IntoTheBlock, 90.8% of ETH holders are now in profit, a peak not reached in months.
The analyst from Bitget Research discusses the key factors that influence the performance of the crypto.
The latest rise from the interim lows of around $3,300 has invalidated the bearish trajectory that could have dragged the ETH price below $3200. The token seems to be gearing up for a potential run as the levels stay strong at $3500.
Cardano founder Charles Hoskinson forecasts Bitcoin will lead the DeFi market within the next 2-3 years, citing its scale and liquidity.
Ethereum maintains strong market position above $3,500 with clear technical levels defining potential future price movements.
Ethereum (ETH) has been on an impressive upward trajectory, recently reclaiming the $3,600 mark and drives renewed optimism among investors. With a series of bullish technical signals and strong institutional support, the question now is whether Ethereum can break through the $3,668 resistance and push its price to the coveted $4,000 level.
Ethereum was testing its resistance at $3.6k, and a breakout could allow it to touch $3.9k soon.
Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year's end have gained momentum.
In the past 30 days, Ethereum's (ETH) price has surged by 33%, fueling speculation about the cryptocurrency's potential to hit new highs. While it seems unlikely as this month draws to a close, analysts' Ethereum December prediction could bring in more gains for holders.
Ether has outperformed Bitcoin in futures yields, signaling more potential ETF inflows that could catalyze an Ether rally above $4,000 before Jan. 20.
Ethereum ETFs outperformed Bitcoin ETFs in net inflows, with Ether ETFs attracting $224.9 million in inflows compared to Bitcoin's $35.2 million between Nov. 22 and 27.
The market is nervous as Ethereum continues to rise, with over $835 million in short positions ready to be liquidated if ETH reaches $4,000. The price chart for Ethereum and the provided liquidation heatmap demonstrate the high stakes that are currently surrounding the second-largest cryptocurrency.
The Ethereum Foundation once again caused a stir across the broader market on Friday, revealing that it is investing tens of millions into zkVMs (zero knowledge virtual machines). Justin Drake, a renowned researcher at the organization, revealed this investment strategy.
It's a big Friday in the crypto world as over $11 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire today! With the market bouncing back from a recent dump, all eyes are on today's massive expiry event.
Bitcoin futures open interest (OI) has risen significantly, jumping from $39 billion on Nov. 5 to $60.9 billion following Donald Trump's presidential election victory.
Ethereum's layer-2 (L2) networks have reached an all-time high in total value locked (TVL), surpassing $51.5 billion—an increase of 205% from $16.6 billion in November 2023.
Investor interest in leveraged Ethereum products has surged, with VolatilityShares' 2x Ether ETF seeing a 160% increase in exposure since early November.
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up.
The Ethereum (ETH) network has remained the undisputed web3 leader, with over $69 billion in total value locked (TVL) and more than $103 billion in stablecoins market cap, majorly due to the significant development of its layer-two (L2) scaling solutions.
On November 23, the total Cardano (ADA) large transaction volume was $45.41 billion. Today, the same volume has dropped to $26.34 billion, suggesting that large investors in the market have reduced their exposure to the cryptocurrency.
Spot Bitcoin exchange-traded funds in the U.S. have experienced significantly lower inflows compared to their Ethereum counterparts during the last four trading days, from Nov. 22 to the day before Thanksgiving.
A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator.
Bitcoin DeFi is gaining momentum, and Charles Hoskinson predicts it will surpass other blockchain DeFi systems in the next few years.
While more than 90% of Ether holders are in profit, data shows traders remain cautious about the asset hitting $4,000 anytime soon.
Today, over $10 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.
Just as Ethereum price has been showing strength above $3,500 levels, selling by Ethereum whales picked up once again. The heavy ETH offloading to exchanges by whales has caught investors' attention on whether the profit-booking begins even before reaching $4,000.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently surged past a critical resistance level, capturing significant attention from both investors and traders. As of November 28, 2024, Ethereum's breakout from a five-day-long consolidation zone indicates the potential for a substantial rally in the coming days.
Ethereum user p0pular.eth recently managed to trick Freysa, a recently released artificial intelligence (AI) agent, into transferring them its prize pool of 13.19 ETH ($47,000 USD).
Ethereum has achieved its highest price point in almost six months, reaching $3,682 during early trading on Thursday, November 28, 2024. This marks an 18% gain over the past week, fueled by growing institutional interest, particularly in the form of spot Ether ETFs in the United States.
After an impressive performance on Wednesday, Ethereum (ETH) price has been forming a bullish pennant in the hourly time frame.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
Ethereum surges past $3,600 with $43B daily trading volume Altcoin Season Index reaches 61/100, nearing critical threshold Technical indicators suggest potential push toward $4,093
Ethereum price is holding gains above the $3,500 zone. ETH is consolidating and might soon aim for a move above the $3,600 resistance zone.
In the last two weeks, there has been a noticeable increase in whale activity across several cryptocurrencies, indicating that large investors are accumulating these assets. Here are the main points: Toncoin (TON) Whale Purchases: Since November 21, whales have bought about 459,980 TON, worth around $30 million.
ADA, the native token of the Cardano blockchain, is poised to continue its upward momentum after trading sideways for a week. On November 29, 2024, ADA has formed a bullish price action pattern on a smaller time frame and is on the verge of a breakout.
Cardano (ADA) is back in the spotlight, surging by more than 7% over the past 24 hours and reclaiming its position above the $1 mark. As one of the leading altcoins, ADA's price movements are closely monitored by investors.
Bitcoin climbed back to the key $95,000 threshold on Thursday after the release of the personal consumption expenditures (PCE) price index, which came in as expected, according to QCP Capital. Bitcoin and Ether on the Rise The rebound marks a steadying of the crypto market, with bitcoin (BTC) finding a solid foothold at critical levels.
A wallet linked to Ethereum co-founder and core developer Jeffrey Wilcke moved a huge chunk of 20,000 ETH worth millions of dollars to U.S. cryptocurrency exchange Kraken.
New data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green.
Cardano (ADA) whales have made a significant acquisition of 130 million ADA during a recent market dip, signaling bullish behavior and reinforcing critical price levels. As the cryptocurrency approaches the $1.00 mark, all eyes are now on whether this resistance level will be broken in the near future.