The Shiba Inu lead Shytoshi Kusama in a latest tweet has shared an AI-generated image depicting ‘how it feels trying to give utility to a meme coin and take it from top 15 to top 5, in less than 5 years, and without a huge budget'. He clarified that he was talking about SHIB.
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.
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.
Shiba Inu price plunged 17% to hit $0.000024 on Thursday, Nov 28. Traders spotted buying the dip as SHIB sets up for a major breakout in December.
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.
In a recent tweet, the enigmatic Shiba Inu lead Shytoshi Kusama addressed issues of working with a meme coin to give it utility and then take it to the top five list of cryptocurrencies. He then specified that he was talking about SHIB.
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.
Today, Nov. 28, is Thanksgiving Day in the U.S., which means the country's financial markets are closed. For the cryptocurrency market, this means that there is no activity on the part of traditional market participants in the area of Bitcoin ETFs and Ethereum ETFs in particular.
In the last 24 hours, the meme coin market has witnessed a growth of 4.1%. In line with the trend, the second-largest meme coin by market cap, Shiba Inu, has recorded a surge of 3.2%. Notably, during this period, the burn rate of Shiba Inu has experienced a remarkable rise of 5545.73%.
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).
Shiba Inu's token burn rate increased by 4500% as 53.61 million tokens were destroyed, while Binance expanded trading options and the price rose 5% to $0.00002557.
Whale sell-offs spike 712% while burn rate surges 4500%. Explore key levels and what these developments mean for SHIB's price outlook.
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.
Popular dog-themed meme coin Shiba Inu may be transitioning towards bullish territory once more as SHIB seems to be regaining its upward momentum for another notable rally after a recent price decline, which caused the token to drop to the $0.000023 level.
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.
Data shared by the blockchain tracker Shibburn has revealed that in the last day, the SHIB army has managed to shovel another big meme coin lump into “inferno” wallets, removing tens of millions of SHIB.
Shiba Inu coin has again reverberated bullishness across the broader market on Thursday, witnessing a staggering 4500% uptick in the SHIB burn rate. Latest burn data indicated that over 50 million coins were taken out of the token's circulating supply, underlining the crypto's potential to pump ahead.
Shiba Inu (SHIB) has been stuck in a bit of a holding pattern, but something could be brewing. The price is sitting at $0.00002552, and it's been up about 3.77% recently. But here's the kicker—SHIB is forming a symmetrical triangle on the charts. If you're into technical analysis, you know this often signals a breakout.
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.
SHIB's triangle pattern shows an indecision, will Shiba Inu break out or fall below support?
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.
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.
Vitalik Buterin donates 320 ETH tokens worth $1.07 million after selling memecoins worth $81.8k.
Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin.
Ether futures open interest reached a record $22 billion, marking a 23% growth from Oct. 27 to Nov. 27.
Bitcoin, Ethereum, and even Dogecoin are experiencing a surge in prices ahead of Thanksgiving after dipping at the start of the week.
Cryptocurrency markets are trading higher on Wednesday, with Bitcoin surging back above the $96,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,719.50 +5.3% Ethereum (CRYPTO: ETH) $3,599.43 +8.8% Solana (CRYPTO: SOL) $239.41 +4.5% Dogecoin (CRYPTO: DOGE) $0.4042 +6.6% Shiba Inu (CRYPTO: SHIB) $0.00002545 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4% and daily active addresses falling by 15%.