This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Long a standout in the crypto scene, Ethereum begs numerous questions about whether it can still reach the sought-after $10,000 milestone.
Bitcoin exchange-traded funds in the U.S. recorded a significant jump in inflows, while Ether ETFs showed signs of recovery after three days of weak flows. According to data from SoSoValue, the 12 spot Bitcoin ETFs drew in $588.
This Geth update addresses an issue in the peer-to-peer (p2p) layer that could potentially lead to denial of service attacks.
The SEC's “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid Bitwise's fund that holds spot Bitcoin, Ethereum, offering dual crypto exposure. The post US SEC Approves NYSE Arca's Proposal to List Bitwise Joint Bitcoin and Ether ETF appeared first on Cryptonews.
Ethereum's MVRV ratio dip might mean potential correction, testing key support between $2,230 and $2,610.
The crypto market will witness $10.31 billion in Bitcoin and Ethereum options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
Crypto prices were jittery on Friday, but Bitcoin (BTC) remained resilient near the $104,000 mark. The global cryptocurrency market cap is down around 0.93%, reaching $3.54 trillion. This comes as the market awaits the release of the December US PCE (Personal Consumption Expenditures) inflation data on January 31.
The US Securities and Exchange Commission (SEC) has given initial approval for Bitwise's spot Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Fund (ETF).
Ethereum (ETH) analysts predict a surge toward $4,500 amid bullish signals, Trump's ETH purchases, and key technical breakouts.
Ethereum price started a fresh increase above $3,220. ETH is now consolidating and might eye more gains above the $3,270 resistance zone.
The US Securities and Exchange Commission (SEC) has approved a key part of an application for a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum, the two largest cryptocurrencies. Bitwise Asset Management's Bitcoin and Ethereum ETF aims to provide investors with exposure to both digital assets, weighted by their respective market capitalizations.
The U.S. Securities and Exchange Commission (SEC) has approved Bitwise's Bitcoin and Ethereum ETF, offering investors exposure to both cryptocurrencies. The approval, granted on an “accelerated basis” on Thursday, allows the fund to track both spot Bitcoin (BTC) and Ethereum (ETH) based on their market capitalization.
The US securities regulator has given the initial nod to Bitwise's ETF tracking Bitcoin and Ether, weighted according to their relative market capitalizations.
The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF). This decision allows NYSE Arca to list and trade shares of the fund, which will hold both Bitcoin and Ethereum alongside cash reserves.
The crypto market's veterans are getting nervous - but beneath Ethereum's seemingly calm surface at $3.1K, accumulation data tells a different story.
On-chain data shows the Ethereum Market Value to Realized Value (MVRV) Ratio has just seen a signal that could prove to be bearish for ETH's price. Ethereum MVRV Momentum Has Witnessed A Bearish Crossover As pointed out by analyst Ali Martinez in a new post on X, the Ethereum MVRV Ratio has declined under its 160-day moving average (MA) recently.
After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.
The SEC approved a filing from NYSE Arca to list and trade shares for Bitwise's combined bitcoin and Ethereum exchange-traded fund.
The fund gives investors exposure feature exposure to both spot bitcoin and ether, weighted by market capitalization.
Crypto analyst Ted has given his Ethereum price prediction, revealing when ETH will rally to as high as $10,000. This provides a bullish outlook for the second-largest crypto, which has underperformed for a while now.
Ethereum's reserves have dropped to a six-year low, reflecting a noticeable shift in market dynamics as buying pressure increases across spot exchanges. This shift has become particularly important given the uncertainty in the broader cryptocurrency market.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Ethereum price remains above $3,000, signaling potential for further gains as market sentiment improves. On-chain data reveals large investors accumulating ETH, indicating confidence in a possible rally.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation.
Ethereum (ETH) has been facing increasing volatility in the market, particularly with a widening gap in price action between Bitcoin (BTC) and ETH. As digital assets and web3 protocols gain mainstream adoption, the historical correlation between Bitcoin's bull runs and the altcoin season is weakening.
Ethereum should be able to reach the low to mid-4000s before we see the next pullback from where the rally to $10000 can start in earnest.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
Ethereum's price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself.
Unlike past bull cycles, Ethereum lacks speculative whale activity.
Ethereum (ETH) is showing signs of a potential price correction, with its Market Value to Realized Value (MVRV) ratio dipping below a critical 160-day moving average. This metric, which tracks the relationship between Ethereum's market value and its realized value, is signaling possible bearish trends, leading to concerns about a 40% price drop.
Unlike its previous program, Kraken's revamped staking service ensures regulatory compliance and enhanced security, backed by third-party insurance.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
With the successful completion of the trial, ABN AMRO and 21X are contributing to Europe's digital asset revolution, with 21X securing its place as one of the first regulated exchanges in the region.
Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.
"We want crypto DeFi to expand access to institutional-quality products," said Apollo Partner Christine Moy.
A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.
In an informal Ethereum poll, a majority of ETH wallets collectively holding over 51,198 ETH ($164 million) cast their votes in support of former Ethereum researcher Danny Ryan to become the next leader of the Ethereum Foundation (EF).
Speculations about Ethereum's potential for a major upswing to a new all-time high in the ongoing cycle swells within the community as many wonder why ETH has underperformed compared to other altcoins. Several factors have been considered to have hindered ETH's much-awaited rally including weak whale activity.
Pump.fun surpassed Solana and Ethereum in 30-day trading volume, with Solana generating over $119.33 million in monthly fees, while Ethereum recorded $142.57 million. Data from DefiLlama showed that Pump.fun recorded $295.53 million in trading volume in the past 24 hours.
Discover the utility altcoin (DTX Exchange) that's gaining traction among Dogecoin traders, with potential gains of up to 27,000% as Ethereum's price tanks.
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Through an informal on-chain voting process that commenced on January 21, the Ethereum community voted Danny Ryan as the next leader of the Ethereum Foundation. The vote, initiated by the “votedannyryancom” campaign, comes at a time when EF is facing criticism for its leadership and governance strategies.
Ethereum sellers have struggled to push the asset below the crucial $3K support for months, while recent price action suggests a bullish rebound. However, ETH remains confined between the 100-day MA at $3.3K and the 200-day MA at $3K.
Donald Trump has been accumulating Ethereum (ETH) over the past few weeks, causing people to wonder what his plan is with crypto. His World Liberty Financial just another $10 million worth of ETH amid the ongoing downtrend. On the other hand, IntelMarkets (INTL), a relatively new AI-based coin, has risen by over 810%.
As January ends and February looms on the horizon, the cryptocurrency market is buzzing with anticipation for what many analysts predict could be the start of an altseason in Q1 of 2025, following the Bitcoin halving year's historical trend. This period is often marked by significant price movements in altcoins, with several already showing promising