21Shares just announced it will be liquidating two of its exchange-traded funds after a routine review. 21Shares has announced plans to liquidate two of its exchange-traded funds that invest Bitcoin (BTC) and Ethereum (ETH) futures.
Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether's USDT.
Ethereum in free fall against Bitcoin: mere turbulence or alarm signal? As the ETH/BTC ratio hits its lowest level in 5 years, some traders are fleeing to more profitable altcoins.
Ethereum is launching the Hoodi testnet, with Pectra set to go live on the mainnet more than 30 days after Hoodi successfully forks. Ethereum's Pectra deployment is looming, currently slated for the mainnet deployment for late April.
The crypto market remains on edge this week, as the tariff tantrum in the United States continues. Bitcoin (BTC) price is below $85,000, while Ethereum (ETH) and Ripple (XRP) are stuck in a bear market.
TL;DR New Testnet Launch: Ethereum devs have introduced the Hoodi testnet (March 17) to address bugs from earlier tests and finalize the Pectra upgrade. Upgrade Features: The Pectra upgrade combines over 10 EIPs from Prague and Electra proposals, enhancing wallet functionality and doubling data blob capacity.
Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses.
A whale dumps all HYPE tokens, losing $1.8M, as another trader profits $16.39M on Hyperliquid with ETH and HYPE longs.
It is an argument that resurfaces time and again: why was Ethereum (ETH) allowed to evolve into what regulators now call a commodity, while XRP found itself in the crosshairs of the SEC?
Since President took the oath of office earlier this year, the administration has put in place efforts to reset the bilateral relations with Russia. Furthermore, the Kremlin has pressured the war in Ukraine to force the Western countries to lift their sanctions.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum fell by 13% this week after the price failed to hold above $2,000.
The Lazarus Group, a hacker collective affiliated with North Korea, continues its illegal activities by exploiting crypto. Recently, a transaction of 400 ETH, worth approximately 750,000 dollars, was identified on Tornado Cash, a platform known for anonymizing blockchain transactions.
The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.
Ethereum has dropped 33% in three weeks to around $1,891, breaking key support levels while developers continue work on the Pectra upgrade amid growing competition.
Ethereum will launch the Hoodi testnet on March 17, addressing Pectra testing issues encountered on the Holesky and Sepolia testnets.
Ethereum's gas fees have dropped by 95% in the year following the Dencun upgrade, significantly reducing transaction costs.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is experiencing a severe downturn, marking what could be its worst quarter in history.
Russian oil firms are using Bitcoin, Ethereum, and stablecoins to convert Chinese yuan and Indian rupees into roubles for trade as Western sanctions persist.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
The crypto market is set to see $3.29 billion in Bitcoin and Ethereum options expire today, a development that could trigger short-term price volatility and impact traders' profitability.
As Bitcoin (BTC) price attempts to mirror gold's parabolic move, Ethereum (ETH) price has suffered a relentless bearish outlook. The large-cap altcoin, with a fully diluted valuation of about $228 billion and a 24-hour average trading volume of around $19 billion, has been trapped in a multi-week correction. Since the second inauguration of U.S.
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is close to an end, with a settlement potentially coming soon, according to sources shared with Fox Business' Eleanor Terrett. Ripple's legal team is currently negotiating for better terms after a court ruling in August 2023.
Ethereum price started a recovery wave above the $1,820 zone. ETH is now consolidating and facing hurdles near the $1,950 resistance.
Ethereum developers are launching the Hooli testnet on Monday to conduct a final trial of the Pectra upgrade before its mainnet deployment. The decision follows two failed tests on Ethereums existing test networks, Sepolia and Holesky, where configuration errors disrupted testing.
Previous Pectra activations on the Holesky and Sepolia testnets ran into configuration issues, pushing back the official release schedule.
A popular crypto analyst thinks Ethereum (ETH) will have to endure some “pain” before rebounding. In a new YouTube video, Benjamin Cowen tells his 886,000 subscribers that there probably needs to be a change in monetary policy in order for ETH's chart against Bitcoin (BTC) to bottom.
Two Ethereum (ETH)-based altcoins are skyrocketing after gaining support from the top US-based crypto exchange platform by volume. In new posts on the social media platform X, Coinbase is announcing the additions of the decentralized finance (DeFi) platform Maple Syrup (SYRUP) and artificial intelligence (AI)-based token Aethir (ATH) to its suite of digital asset products.
The XRP community is anticipating the potential announcement of the settlement of the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple Labs Inc. As the settlement negotiation progresses, new updates on the causes of delays have emerged. According to Fox Business Senior Correspondent Charles Gasparino, the Ethereum ICO might be a
ETH has seen intense selling pressure in recent months, but despite the downtrend, the number of holders continues to rise.
Cryptocurrencies saw another day of bearish price action on Thursday, with only XRP displaying relative strength. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $80,353.45 -3% Ethereum (CRYPTO: ETH) $1,852.08 -1.5% Solana (CRYPTO: SOL) $121.79 -2.4% XRP (CRYPTO: XRP) $2.24 +0.4% Dogecoin (CRYPTO: DOGE) $0.1631 -3.7% Shiba Inu (CRYPTO: SHIB) $0.00001190 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10.7% and daily active addresses falling by 5%.
Ethereum (ETH) developers are set to launch Hoodi, a new long-lived testnet, on March 17 as they work to resolve ongoing challenges with the highly anticipated Pectra upgrade. The testnet will primarily focus on validator exit mechanisms, one of the final hurdles before Pectra can move forward.
Ethereum (ETH) price tumbled below $2,000 on Thursday as bulls failed to counter a wave of liquidations. This comes despite the latest US Producer Price Index (PPI) data confirming a continued slowdown in industrial inflation.
Ethereum recorded 15% and 30% weekly and monthly price drops. Trading analysts forecast Ether could crash to much lower price ranges.
The prolonged legal battle between the SEC and Ripple Labs, initiated in December 2020 over the alleged $1.3 billion unregistered XRP (CRYPTO: XRP) sale, may soon conclude, according to a Fox Business report. A key point of contention in the negotiations is whether's XRP's utility and trading status align more closely with a commodity, similar to Ethereum (CRYPTO: ETH), rather than a security.
The market capitalization of the stablecoin segment has reached $236 billion, surpassing that of Ethereum.
Core developers hope the third attempt will clear the path for a major blockchain update by May.
The ETH/BTC downtrend reflects Ethereum's struggle against Bitcoin's dominance.
Popular XRP advocate and author of “3 Steps to Quantum Wealth” Linda P. Jones believes that institutions will expand their crypto investments beyond Bitcoin and Ethereum to include XRP ETFs.
Crypto experts weighed in on Bitcoin‘s (CRYPTO: BTC) price drop below $80,000 on Thursday, predicting potential price bottoms for major cryptocurrencies amid ongoing economic uncertainty. Michal Pospieszalski of SwissFortress told Benzinga that Bitcoin could find a floor between $60,000 and $65,000 if it falls below $70,000, while Meg Lister of Gitcoin Labs cautioned that pinpointing a bottom remains challenging and could extend into the coming months, depending on U.S. economic policy shifts.
Ethereum's price has remained under significant pressure over the past month, yet staking activity has surged.
In the past few days, the overall cryptocurrency market has experienced a notable price decline. Amid this, Ethereum (ETH), the world's second-largest cryptocurrency by market cap, has reached a crucial level near $1,800 for the first time since 2023. However, investors and long-term holders view this level as an ideal buying opportunity.
Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.
Bitcoin and Ethereum have long been the undisputed titans of the cryptocurrency world. They've set benchmarks as the standard-bearers for decentralized finance, shaping the crypto landscape as we know it. Bitcoin's role as “digital gold” and Ethereum's pioneering of smart contracts have positioned them as must-haves in every investor's portfolio.
The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023.