Poor network activity, low transaction fees, and a reduced ETH burn rate have increased inflationary pressures on Ethereum, sustaining the decline.
Although sentiment toward Ethereum (ETH) remains largely pessimistic, crypto analyst Mister Crypto predicts that the second-largest cryptocurrency by market cap could be on the verge of a parabolic rally, mirroring its historical price action from 2020. Ethereum About To Witness A Change Of Fortune?
Ethereum price attempted a recovery wave above the $1,820 level but failed. ETH is now consolidating losses and might face resistance near the $1,840 zone.
Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory.
President Donald Trump's recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
Bitcoin, which has been exhibiting signs of stabilization after weeks of hesitancy and erratic trading, is currently holding steady at $84,000. The long-awaited tariffs have finally been formally introduced, eliminating a significant layer of uncertainty that had kept markets cautious.
A long-dormant Ethereum wallet inked $8.66 million in profits after selling 5,001 ETH it purchased back in 2017. The crypto tracker Lookonchain notes the address acquired 5,001 Ethereum for $1.38 million in 2017, back when ETH cost only $277.
On April 3rd, the USDC Treasury, in its regular attempt to boost the supply of USDC in circulation, created 250 million fresh USDC tokens on the Solana blockchain, according to data provided by blockchain tracker Whale Alert.
Solana (SOL) is under heavy pressure, with its price down more than 10% in the last 24 hours as bearish momentum intensifies across key indicators. The Ichimoku Cloud, BBTrend, and price structure all point to continued downside risk, with SOL now hovering dangerously close to critical support levels.
Solana's price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it's time to break the $100 barrier and reach $80.
The SEC acknowledging such a filing typically means it will then be published in the Federal Register, initiating the approval process.
Cryptocurrency markets are trading lower on Thursday, following a significant decline in traditional financial markets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,025.41 -5.1% Ethereum (CRYPTO: ETH) $1,785.61 -6.5% Solana (CRYPTO: SOL) $115.31 -11.7% XRP (CRYPTO: XRP) $2.05 -4.6% Dogecoin (CRYPTO: DOGE) $0.1587 -8.5% Shiba Inu (CRYPTO: SHIB) $0.00001221 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7.5% and daily active addresses falling by 6%.
Over time, Ethereum, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a Bitcoin season to an altcoin season in each bull market cycle.
A former employee of Rippling has alleged he accepted $5,000 in ETH per month to spy on his employer on behalf of its competitor, Deel.
Whale accumulation amid price drops suggests confidence in Ethereum's long-term value, highlighting potential for future market resilience. The post Ethereum whales accumulate 130,000 ETH amid price drop appeared first on Crypto Briefing.
BNY has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks.
The U.S. Securities and Exchange Commission (SEC) has now acknowledged Fidelity's Solana exchange-traded fund (ETF) filing.
SEC acknowledges Fidelitys Solana ETF filing as SOL drops 12% and Paul Atkins advances as SEC Chair nominee. The post SEC acknowledges Fidelity's Solana ETF filing as SOL sinks 12% on Trump tariff shock appeared first on Crypto Briefing.
After overcoming testnet hitches, Ethereum's major Pectra upgrade has been set for early May. Here's what to expect.
The U.S. Securities and Exchange Commission (SEC) has formally acknowledged the filing for Fidelity's spot Solana (SOL) Exchange-Traded Fund (ETF). This marks a key development in the financial industry, as Fidelity seeks to list its Solana ETF on the Cboe BZX Exchange.
Ethereum's core developers have confirmed the Pectra upgrade will launch on the mainnet on May 7, 2025, following a smooth final test on the Hoodi testnet and weeks of coordination to resolve earlier technical issues.
How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.
Ethereum developers set May 7 as the most probable date for the Pectra upgrade, combining a total of 11 EIP.
Cryptocurrency traders on social media are debating whether a hypothetical Harris presidency may have been a better long-term outcome for the sector, given the poor performance of cryptocurrencies since President Trump took office. What Happened: Pseudonymous trader Pickle outlined a "what-if" scenario in a post on X on Thursday, comparing how cryptocurrencies would have performed if Kamala Harris had won the presidency.
Ethereum developers have officially announced a new deadline for the upcoming Pectra upgrade. The core developers made the final decision in a recent call after passing the third and last testnet implementation without any problems.
The leading altcoin, Ethereum, experienced a challenging month in March, marked by a series of bearish trends that reflected a broader market slowdown.
Ethereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7. Nixo Rokish, a member of the Ethereum Foundation's protocol support team, shared the news in an April 3 post on social media, saying: “Pectra mainnet date confirmed May 7.
The global cryptocurrency market took a major hit today, with the total market capitalization falling 5.46% to $2.63 trillion. This sharp decline was triggered by a broad sell-off following U.S. President Donald Trump's announcement of new tariffs on trading partners worldwide, sparking concerns about global economic stability. Bitcoin (BTC) led the downturn, dropping to $82,274.
The Bank of New York Mellon Corporation has announced the expansion of its digital assets platform with the launch of a new tool aimed at delivering both on- and off-chain accounting data to blockchain networks.
Solana fell sharply after market turmoil, losing 8% and sliding below $130. Despite the decline in transactions and daily users, stablecoin balances and DEX volumes hint at long-term potential within the Solana ecosystem. The post Solana Slips Under $130, But Something Bigger Might Be Brewing appeared first on Cryptonews.
From bitcoin as a capital preservation tool to some targeting a move toward the $70,000 level, here's how traders are reacting to U.S. tariffs.
By the end of the year, Matcha anticipates that most decentralized exchanges and aggregators will support Solana.
Ethereum could decline by 15% to $1,500 if it falls below the $1,770 level.
Solana has established itself as one of the fastest and most scalable blockchains in the crypto world. Its blistering transaction speeds and low fees revolutionized ecosystems for decentralized finance, gaming, and NFTs, drawing comparisons to giants like Ethereum.
Investors' unease in the crypto market mirrored a tumultuous trading session on Wall Street, with Bitcoin, Solana, and other assets falling.
PayPal is accelerating into the crypto space by directly integrating Solana (SOL) and Chainlink (LINK) into its wallet. This new feature is currently reserved for American users and associated territories.
Solidity remains the most widely used smart contract language in the crypto ecosystem by a substantial margin.
The market value of Ethereum (ETH) has fallen to its lowest since October 2023. Between yesterday and today, in fact, it first fell below $1,900, and then also below $1,800, with an excursion to $1,750.
The decision to schedule Pectra was made just over a week after the upgrade went live on the Hoodi testnet without any hiccups.
The crypto market continues its strong downward trend as the fear and greed index slumped following Donald Trump's “Liberation Day” speech. Bitcoin (BTC) crashed by 3.5% in the last 24 hours as it approached the crucial support at $80,000.
Ethereum price is under rising downward pressure as falling gas fees point to potential decline in investor enthusiasm.
PayPal has expanded its digital asset services by adding support for Solana (SOL) and Chainlink (LINK) for users in the United States and its territories. The post PayPal Adds Solana and Chainlink for U.S. Users in Expanded Crypto Offering appeared first on Cryptonews.
Ethereum (ETH) price continues to crash, and has now plunged below $1,800. It is down by almost 60% from its November high, and its weak fundamental metrics like falling active addresses, ETF outflows, and fee plunge points to a potential crash to $1,000.
Ethereum, the second-largest cryptocurrency by market capitalization, is facing a tough time. According to CryptoQuant crypto trader EgyHash, Ethereum's network activity has been slowing down, pushing the asset into a difficult position.
Solana price is on the verge of the biggest collapse as the crypto market crash intensifies. With Donald Trump's tariff announcement, the bearish sentiments remain dominant in the financial market, affecting assets like Solana (SOL) and others.
TL;DR Expanded Crypto Offerings: PayPal now allows U.S. users to buy, sell, and hold Solana (SOL) and Chainlink (LINK) alongside its existing crypto options. Enhanced Blockchain Utility: SOL brings fast, cost-efficient transactions, while LINK's decentralized oracle network enables secure smart contract interactions.
PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.
Despite people's expectations, Ethereum's price has struggled to retest its all-time high, and CryptoQuant explains why.