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.
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.
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.
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%.
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.
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Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
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.
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.
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.
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.
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.
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.
Cumulative open interest in perpetual and standard futures contracts has surged to a record 6.32 million ETH, worth over $27 billion. Activity in the ether options market listed on Deribit is also picking up, with over 2 million contracts active or open at press time, the highest since late June.
The cryptocurrency market experienced a bearish trend on November 27, with major tokens like Bitcoin, Ethereum, Solana, and XRP seeing significant losses. However, Fantom and Algorand stood out, recording notable gains amidst the market turbulence. BTC, ETH, SOL, and XRP tokens decline The total crypto market cap has dropped by 2%, standing at $3.