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%.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap has breached a crucial level and currently is gaining significant attention from investors as well as traders. As of today on November 28, 2024, ETH's breakout from a strong resistance level indicates that it is poised for a notable upside rally.
Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2.
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November's Bitcoin rally.
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Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
USDT issuer Tether has halted support for EURT, its euro-tied stablecoin. Meanwhile, regulatory changes as the European Union embraced the inclusive MiCA regulatory framework triggered Tether's decision. Tether highlighted that it ceased minting EURT, and holders should redeem the assets by 27 November 2025.
Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.
Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.
CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.
TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.
Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.
Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.
Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night. The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.
Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.
Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.
Ethereum is up, returning to near $3,500 while bitcoin is still recovering from a Black Friday correction with the ratio gaining recently.
Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.
Tether requested customers holding the Euro stablecoin on all supported blockchains to redeem by Nov. 27, 2025.
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, but this sell signal could cause issues and potentially trigger a crash for ETH.
Amidst expectations of a crypto-friendly government after Trump's victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election.
Tether stablecoin EURT will be discontinued, with redemptions to be completed by November 27, 2025.
Robinhood Crypto has announced the launch of ethereum staking for its European customers, allowing them to earn rewards on their ETH holdings. The platform is offering a limited-time promotion that includes a 100% match on staking earnings, up to €10,000.
90% of Art Blocks pieces will now be viewable on Ethereum in perpetuity, without the backend support of the company.
Tether, issuer of the world's largest stablecoin, said that it will stop supporting the euro-linked EURT stablecoin as part of a “strategic transition to prioritize community-driven blockchain support.” This decision came amid rising regulatory uncertainty in the EU's crypto market with the new MiCA rules.
Tether's shift to MiCA-compliant stablecoins may reshape the stablecoin market, influencing regulatory strategies and innovation in the EU. The post Tether to end EURT support, focusing on MiCA-compliant stablecoins appeared first on Crypto Briefing.
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Bitcoin has stabilized above $93,000 while ethereum gains momentum and Wall Street rallies on positive policy signals, according to QCP Capital's latest market update. Bitcoin Stabilizes, Ethereum Soars: QCP Tracks Market's Mixed Signals QCP Capital reports that bitcoin (BTC) has found stability above $93,000 as the holiday season approaches.
Tether announces its strategic decision to discontinue EUR₮ support, focusing on launching MiCAR-compliant stablecoins and enhancing community-driven support.
Bitwise proposed a mix-crypto Bitcoin and Ethereum ETP, weighted by market capitalization. Bitwise CIO Matt Hougan believes the ETP will be a huge hit with investors, offering a balanced exposure to two largest cryptocurrencies.
Financial institutions prefer Ethereum as the leading blockchain for tokenizing US dollar-backed real-world assets. Ethereum overtook Tron after $2 billion USDT minting last week.
SUI Network's rise is powered by DeFi integrations, strategic cross-chain partnerships, and strong token demand.
Recently Vitalik Buterin, a cofounder of Ethereum, sent 320 ETH or roughly $1,094,088 to Coin Center, a nonprofit that focuses on cryptocurrency policy affairs. Hours ago, Buterin made the transfer from the address vitalik.eth, as an active philanthropist in the industry.
BuilderNet decentralizes Ethereum blockbuilding to reduce censorship and centralization risks. Flashbots, Beaverbuild, and Nethermind operate BuilderNet's first release on Ethereum's mainnet.
Celestia's token inflation was expected to rise in 2025 and could impact prices.
If you're looking for the best-positioned cryptocurrency today, look no further than Ethereum.
The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.
According to Flashbots, only a handful of operators control over 90% of Ethereum's blocks at this time.
Jim Cramer has urged investors to consider adding crypto assets such as Bitcoin and Ethereum to their investment portfolio.
Ethereum faces a crucial test at $3,500 as whale accumulation meets rising short interest, while technical indicators suggest potential movement toward $4,000 if key resistance levels are breached.
While the crypto market remains in decline, with Bitcoin dropping to $92,668, strong inflows into Ethereum ETFs signal growing confidence among institutional investors, who are betting on recovery as Ethereum eyes the $4,000 level.
Ethereum co-founder Vitalik Buterin converted some meme coins he received into 22.89 ETH today. He later donated 320 ETH approximately $1.07 million to Coin Center, a prominent cryptocurrency policy advocacy organization.
President-elect Donald Trump's administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) expanded oversight over the cryptocurrency market.
Flashbots has launched BuilderNet to address the current centralization in the Ethereum block-building process.