TL;DR Sandeep Nailwal questions the lack of support from Vitalik Buterin for Polygon PoS, despite its contribution to Ethereum's growth. Polygon PoS has managed to reduce transaction fees to $0.015 and facilitated the migration of dApps, but it has not received the expected recognition.
Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark.
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Despite the recent Bitcoin crash, Ethereum (ETH) price trades today at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
XRP and SOL are riding on the growing crypto fame. Monsta Mash is gaining traction with a 3% bump in total $MAH tokens sold in less than 5 hours.
The total value locked (TVL) in Ethereum Layer 2 networks has reached an all-time high of $51 billion, signaling strong investor interest and value growth within the ecosystem.
The recent upside momentum in Ethereum (ETH) has gained significant attention from crypto enthusiasts. Amid this rally, today, November 28, 2024, Ethereum co-founder Jeffrey Wilcke was found dumping a significant amount of ETH on a cryptocurrency exchange. Ethereum Co-Founder Dumps $72.
With ETH/BTC up 17.8% this week and spot Ethereum ETF inflows exceeding $90 million, analysts suggest Ethereum's path to its all-time high appears increasingly achievable. Ethereum (ETH) outperformed the broader crypto market, rising 11.
Wilcke's significant ETH sale may signal market caution, potentially influencing investor sentiment and Ethereum's short-term price dynamics. The post Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600 appeared first on Crypto Briefing.
Ethereum isn't just a digital currency—it's a platform for change.
Analytics account @spotonchain has noticed a mammoth ETH transaction made by one of the Ethereum cofounders. However, data suggests that the Ethereum price may go upward.
Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.
The profitability of Ethereum (ETH) has surged to levels not seen since June, with 90.8% of ETH holders now in profit, according to data from IntoTheBlock. This milestone highlights a favorable position for the majority of investors, leaving only 9.2% of holders at a loss.
Solana appears to be forming a bearish head-and-shoulders pattern on a four-hour time frame.
Ethereum (ETH) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.
BTC briefly pumped above $97,000, while ETH reached almost $3,700.
Ethereum price staged a strong breakout on Nov. 27 as Bitcoin and most altcoins bounced back after days in the red. Ethereum (ETH), the second-biggest cryptocurrency, jumped to $3,690, its highest level since June 10.
Bitcoin hits resistance, spiking volatility. Ethereum rides the wave, but it's a short-term blip, not a lasting rebound.
Leading altcoin Ethereum (ETH) has experienced a notable price surge over the past 24 hours, breaking the $3,600 mark. As of this writing, ETH exchanges hands at $3,613, a level it last traded at in June.
TL;DR Uniswap reaches a record $38 billion in monthly trading volume across Ethereum Layer 2 networks, surpassing the previous high by $4 billion. The surge in trading volume is led by Arbitrum and Coinbase's L2 Base, with significant contributions from Polygon and Optimism. UNI token soared 43.
The crypto market is experiencing a significant correction at the end of November 2024, with Bitcoin fluctuating around $93,400. This 6% drop since Monday comes as technical indicators signal a concerning bearish divergence.
TL;DR Ethereum (ETH) has surged past $3,600, marking a 15% increase over the past week and reigniting investor interest. Record-breaking $22 billion in Ether futures open interest highlights growing market activity and institutional participation. Despite the bullish momentum, analysts caution against potential risks, including market volatility and possible price drops below $3,000.
Bitcoin remaining range-bound below $100,000 could be a net positive for Ether's price and invite more investment into the world's second-largest cryptocurrency.
Ethereum posted a 10.66% gain in 24 hours, reaching $3,647 with $47.87 billion in trading volume, while triggering $56.5 million in liquidations primarily affecting short positions.
This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high.
Ethereum (ETH) has rallied past the $3,600 resistance for the first time in about five months, but technical indicators suggest a cautious approach for the second-ranked digital asset by market cap.
A top crypto trader is extremely bullish on one Ethereum (ETH) rival. The pseudonymous analyst known as Bluntz tells his 300,000 followers on the social media platform X that “there's a god candle loading” for the layer-1 blockchain project Near Protocol (NEAR).
Layer 2s could be “cannibalistic” for Ether's price potential, despite their scalability benefits, according to industry watchers.
Tornado Cash, a cryptocurrency mixing service that was sanctioned by the U.S. Treasury Department in August 2022, has recently seen a reversal in its legal fate.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally.
Ethereum's recent 15% weekly surge and record-breaking $22 billion futures open interest have fueled market excitement, raising hopes for a broader altcoin rally.
Solana's price has recovered 8% from recent lows while showing strong network growth across multiple metrics, including TVL, developer activity, and futures market premiums.
Solana's (SOL) effort to reclaim its all-time high has faced strong resistance. This struggle has also allowed Solana bears to drive the price lower as it continues to hover around $238.
Uniswap achieved a record $38 billion in monthly trading volume across Ethereum Layer 2 networks in November, with Arbitrum leading at $19.5 billion, while the protocol's UNI token rose 42% and generated $90 million in fees.
In the last few weeks, the value of Solana (SOL) has reached new milestones, attracting the attention of investors and analysts.
In the daily chart, the Ethereum price action showcases a record-high trendline, gaining momentum. With a massive bullish engulfing candle formed last night, the Ethereum price soared 10%.
Greater institutional interest in ETH helped the altcoin catch up to BTC.
Uniswap has shattered its monthly volume record on Ethereum layer-2 networks, signaling a resurgence of interest in DeFi. The post Uniswap Hits $38B Monthly Volume on Ethereum Layer 2s, Setting New Record appeared first on Cryptonews.
Ethereum prices have hit their highest levels for almost six months as institutions drive momentum.
The cryptocurrency market today continues on an upward trajectory, reflecting strong bullish sentiment. Bitcoin (BTC) price surged past $96,000 in the past 24 hours.
While privacy coins as a category have since tapered off, decentralized finance's market cap has jumped 8.2% on the day.
Ethereum price remained supported above the $3,250 zone. ETH started a fresh surge and cleared the $3,550 resistance zone.
Ethereum gained slightly after a minor sell-off, peaking at $3,446 and is currently trading at around $3,306. Significant Net Outflows from Spot Exchanges Recent data shows that Ethereum (ETH) had significant net outflows from spot exchanges, with about 130,000 ETH, worth around $435 million, leaving over the weekend.
As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether's $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S.
Ethereum (ETH), the world's second-largest cryptocurrency, is at a critical juncture as it hovers near a key resistance level. After gaining 46.11% in recent weeks, ETH remains under scrutiny due to a mix of bullish accumulation by whales and rising short interest.
Traders crave for the allure of higher risk & potential higher gains, choosing DeFi wallets instead of major exchanges.
For Bitcoin, after its recent decline, a recovery may be imminent, despite the gloom around the asset. Following its peak of almost $100,000, Bitcoin underwent a correction, falling to the support level of $90,000.