Bitcoin and Ethereum, which crypto is winning the race in 2024?
Jim Cramer advocates for bitcoin and ethereum as key portfolio assets, citing their appeal amid rising U.S. debt and their potential to navigate fiscal challenges.
Ethereum (ETH) stands at the forefront, capturing attention with its upward price trajectory. With bullish momentum brewing and institutional interest rising, Ethereum appears poised to break significant resistance levels.
The broader crypto market has witnessed a massive surge in the Shiba Inu burn rate, with the metric skyrocketing by 2,296% in just one day. This remarkable surge reflects the community's desire to decrease the overall supply of Shiba Inu and possibly induce a price increase.
The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem.
Boyaa now holds more than 3k BTC after converting Ethereum into Bitcoin
Cryptocurrency markets are closing Friday strong, with Bitcoin's performance paving the way for altcoin gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,590 +2.8% Ethereum (CRYPTO: ETH) $3,600 +1.0% Solana (CRYPTO: SOL) $242.66 +2.8% Dogecoin (CRYPTO: DOGE) $0.4355 +9.6% Shiba Inu (CRYPTO: SHIB) $0.00002621 +4.0% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%.
Data shows that open interest on Ethereum derivatives contracts has recently exploded upward to a new all-time high of $23 billion, up from around $7 billion at the beginning of the year, in an upward move that one analyst suggest is “guaranteed for heavy fireworks.
Boyaa's stash of 3,183 Bitcoin is worth $310 million as of this writing, making the firm Asia's largest BTC treasury reserve holder.
Ethereum (ETH) continues to surge past key resistance levels, analysts are setting ambitious price targets for the cryptocurrency. Recently, Ethereum broke through significant hurdles at $3,350 and $3,400, before climbing to a multi-month peak of $3,688.
An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.
Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it's Donald Trump's presidency that could light the fuse. Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin's 38% rise in the same period.
On-chain data reveals Shiba Inu faces a pivotal moment as 76 trillion SHIB holders hover near critical price points. A breakout above $0.000027 could spark a rally, but profit-taking looms if support falters.
Ethereum is gaining momentum, with rising prices, reduced exchange supply, and increasing active addresses signaling bullish potential.
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
A notable surge in activity puts analysts' eyes back on Ethereum. Can the Ethereum network catch up to and surpass Solana?
Mysterious Shiba Inu lead developer Shytoshi Kusama has shared that he plans to give the second-largest meme coin utility and take it to the top five list of cryptocurrencies.
Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Shiba Inu (SHIB), a leading meme coin, has gained notable traction this month, riding on a wave of market optimism. Over the past year, SHIB's value has surged by an impressive 200%, highlighting its resilience and strong community backing.
Grayscale Investments' head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January. Trump has already promised regulatory clarity and more accommodative policies for digital assets.
Ethereum surged 33% this month, fueling debates about its $4,000 potential as analysts weigh in on its path forward.
A crypto enthusiast known as p0pular.eth has successfully convinced an AI agent named Freysa to transfer its entire prize pool of 13.19 ETH, approximately $47,000 USD, into their possession.
As Bitcoin (BTC) edges closer to the much-anticipated $100,000 milestone, the cryptocurrency market is back in the global spotlight. A sharp 45% rally since the U.S. presidential election has brought Bitcoin within $1,000 of the six-figure mark on November 22, sparking renewed enthusiasm among investors.
Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.
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.
Ethereum (ETH) is once again in the news, but this time it's good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels.
Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period.
Ethereum (ETH) could be poised for a new record high as the second-ranked cryptocurrency by market cap mimics Bitcoin's (BTC) past bull run.
Ethereum [ETH] has recently seen an impressive surge in institutional interest, with CME Futures Open Interest (OI) reaching a record high of 662,600 ETH, or approximately $2.5 billion. This marks a significant jump from the 350,950 ETH recorded earlier in November, just before the U.S. Presidential elections.
Ether has been showcasing incredible performance this bull season. A streak of inflows into the US-listed spot Ether ETFs, the rising activity on the Ethereum blockchain, and the increased institutional interest could all drive Ether to beat its three-year-old price record in the coming months.
Kaal Dhairya, a key figure in the Shiba Inu (SHIB) ecosystem, strongly believes in the long-term sustainability of the meme-inspired cryptocurrency, suggesting that SHIB will continue to thrive for the next 20 years.
Ethereum reached $3,688 on November 28, its highest in six months. That's big news, but it didn't stay there long. The market took a breather, and ETH slid back to $3,580. Still, it ended the week with a 5% gain, which isn't too shabby, considering the wild 18% jump earlier.
Ethereum Foundation invests millions in zkVMs for scalability and security. Projects include zkRISC-V, Poseidon cryptanalysis, and L2beat zkVMs.
A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.
Ethereum futures market dynamics suggest that ETH is not overheated and still has more room for growth, driven by demand from spot ETFs.
In a latest development, Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has made a significant move swapping Ethereum for buying Bitcoin, adding to the current wave of massive surge in institutional interest.
Ethereum Foundation revealed its plans to invest $10 million into zero-knowledge Virtual Machine protocols
Bitcoin ETFs received a remarkable $103 million in net inflows. This surge, amounting to 1,119 BTC, highlights the continued interest in Bitcoin as a long-term store of value.
TL;DR Over $10 billion in Bitcoin and Ethereum options are set to expire today, potentially causing short-term crypto market volatility. Put-to-call ratios indicate bullish sentiment among traders, with more preference for call options in both BTC and ETH.
The Ethereum Foundation is preparing to invest tens of millions into zkVMs (Zero Knowledge Virtual Machines). The development has been revealed by Justin Drake, who is a researcher at the organisation. In a separate development, yesterday, Ethereum co-founder Jeffrey Wilcke moved over 20,000 ETH to Kraken, triggering concerns across the cryptocurrency market.
Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new post on X, CryptoQuant community analyst Maartunn has discussed about the latest trend in the Ethereum Open Interest.
On-chain data indicates intriguing dynamics that may determine Shiba Inu's future course, indicating that the species is at a turning point. The data indicates that addresses holding positions within a narrow price range account for about 76 trillion SHIB.
Chinese gaming giant Boyaa Interactive, listed on the Hong Kong Stock Exchange, has shifted a significant portion of its crypto holdings from Ethereum to Bitcoin. According to a Nov. 29 filing, the company said it converted 14,200 ETH into approximately 515 BTC in an open-market transaction valued at $49.48 million.
The overall cash inflow to the Ethereum network and its layer two scaling solutions led by Coinbase-backed Base has significantly increased in the recent past.
Ethereum, the second largest cryptocurrency by market capitalization, is going through a remarkable period. According to data published by the analytics company IntoTheBlock, 90.8% of ETH holders are now in profit, a peak not reached in months.
The analyst from Bitget Research discusses the key factors that influence the performance of the crypto.