This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.

Ethereum (ETH) price has climbed 46.11%, marking impressive growth but still making it the second-worst performer among the top 10 largest cryptocurrencies. Its recent rally is supported by increasing whale accumulation and a 7-day MVRV signaling neutral to slightly bullish sentiment.

Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world's second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook.

President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown?

ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.

Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.

At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump's cryptocurrency portfolio is valued at $5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S.

Analysts predict Ethereum will reach an all-time high by the end of this year, but there are problems.

The firm's founder has stressed that the layoffs are not financially motivated.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

The Avalanche Foundation will disburse $40 million in retroactive grants as the new upgrade hits testnet ahead of a planned 2025 launch.

Also launching Monday is Retro9000, a grant program of $40 million to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet.

Avalanche's largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.

Capital flows shift from bitcoin to ether, with the derivatives market signaling growing confidence in ETH near-term upside, analysts said.

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

Michael Sonnenshein and Kevin Weil will help bolster Aptos's growth in artificial intelligence, institutional adoption and other endeavors.

Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network.

Ethereum price's delayed growth spurt offers investors a good entry point at a time when on-chain metrics are surpassing its peers.

Ethereum (ETH) has faced challenges in recent months, lagging behind major cryptocurrencies like Bitcoin (BTC) and Solana (SOL), but recent trends suggest the altcoin could be gearing up for a significant rally. According to Simon Dedic, founder and partner of crypto venture capital firm Moonrock Capital, Ethereum presents one of the “simplest and safest 3x opportunities” in the market today, with potential for a price surge to $10,000 per ETH.

Most of the coins have come back to the green zone after a slight correction, according to CoinMarketCap.

Sustained buying dominance could propel ETH prices beyond the $3,560 resistance level, paving the way for further growth.

Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.

Ethereum has hit its four month high of $3,500 amid industry jokes at its disappointing gains, compared to Bitcoin.

The Ethereum (ETH) price has taken a strong lead gaining 5% over the last 24 hours and crossing past $3,500 levels while Bitcoin consolidates around $98,500. The attention shifts to ETH as BTC faces stiff resistance at the $100K milestone.

Ethereum's recent price action highlights a mix of bullish momentum and cautious consolidation, with the price approaching a critical resistance at $3.5K. A breakout above this level could pave the way for a significant rally, but the potential for a continuation of the consolidation phase remains.

Bitcoin is stuck. The $100,000 milestone that felt inevitable has proven to be a nearly impenetrable fortress.

Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.

Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin's established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year.

Ethereum ($ETH) is one of the best-performing of the major cryptocurrencies over the last 24-hours. With older altcoins $XRP and $ADA also putting on great gains over recent days, could $ETH be about to breakout, and also start reversing its long downward trend against $BTC?

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.

Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.

Ethereum (ETH) traded steadily into the weekend, holding its ground after breaking through the $2,800 resistance level earlier this month.

Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965.

The price of Ethereum has climbed by 4% today, after the coin broke out of a long-term descending channel. The post Ethereum Breaks Out of 8-Month Descending Channel, Analysts Put $4700 Target for ETH appeared first on Cryptonews.

The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.

Ethereum breaks above $3,300 with strong technical indicators and steady buying pressure, as price action suggests potential for further upward movement toward the $3,600 level.

Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally.

Interest in Ethereum, the second-largest cryptocurrency asset, is gaining momentum once again among retail and institutional investors, as evidenced by a robust increase in its net staking inflows in the past week in tandem with recent improvements in the price of ETH.

Ethereum's staking sees a record weekly netflow after months of outflow.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Open interest for Bitcoin and Ethereum in futures markets each hit a new all-time-high in the past 24 hours of trading, following Bitcoin's flirtation with $100,000. On Nov.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.