Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.

While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH's price. A CryptoQuant analyst known as Amr Taha detailed these developments in a post on the CryptoQuant QuickTake platform.

A closely followed crypto analyst believes that the most popular memecoin by market cap is primed for another leg up. Pseudonymous analyst Altcoin Sherpa tells his 230,700 followers on the social media platform X that Dogecoin (DOGE) is printing a bullish pattern on the four-hour chart after bouncing off of the $0.36 level.

As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.

The massive altcoin season, characterized by massive inflows in assets compared to Bitcoin due to bullish momentum, might be around the corner. The present sentiment leans towards Bitcoin, with the asset breaking multiple all-time highs, hitting $99K.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.

Ethereum whales have transferred 120,000 ETH tokens worth $217.4 million over the past 24 hours.

Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025.

The world of cryptocurrencies is in constant upheaval, but certain developments draw particular attention due to their scale and implications. Indeed, open interest in futures contracts on Ethereum has just crossed an unprecedented threshold, surpassing 20 billion dollars.

A widely followed cryptocurrency analyst and trader is turning bullish on a large-cap altcoin that has more than doubled in price over the past two weeks.

Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap.

Ethereum Spot ETF inflows surged to $91.2 million, reversing six consecutive days of outflows.

Google AI Gemini predicts Ethereum could reach $4,500 by December. Learn the key factors driving this bullish momentum. The post Google AI Gemini Predicts $4500 Price Target For ETH in December, This Cat Meme Coin is Already Pumping appeared first on Cryptonews.

Ether challenges the laws of the crypto market. While massive selling pressures exert considerable weight on its price, the second-largest cryptocurrency by market capitalization appears unperturbed.

The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana's speed and affordability could see it outpace Ethereum in relative gains.

Key Points:

Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift.

An analysis by CryptoQuant indicates that long-position traders are in the driver's seat. The futures open interest in Ethereum finally surpassed $20 billion, a key milestone.

Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs.

Ethereum (ETH), one of the world's most popular cryptocurrencies, has seen impressive growth since its inception. As we approach the end of 2024, many investors and analysts are closely watching Ethereum's price movements, wondering whether ETH will break new records.

With its spectacular breakout and potential rally toward the $2 mark, XRP has been causing a stir on the cryptocurrency market. Given that XRP has broken through significant resistance levels and shown resilience in continuing on its upward trajectory, the current price action indicates strong bullish momentum.

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, appears bearish and is poised for a price decline. The reasons for this include how ETH is lagging behind top assets like Bitcoin (BTC) and Solana (SOL), its current price action formation, the latest sell-offs by whales, and more.

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.

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.

Ethereum's next big move? 5 key metrics suggest ETH may follow Bitcoin's record-breaking rally soon!

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%.

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.

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.

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.

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.

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.

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.