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.
Dogecoin is consolidating above $0.3650 with key resistance at $0.400, while technical indicators suggest a neutral market stance with potential for movement in either direction.
The rise in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and others may have enabled lower-income households to take out new mortgages to purchase property, a new study revealed. What Happened: A paper by the U.S. Treasury's Office of Financial Research has identified a correlation between the surge in cryptocurrency investments and an increase in debt, particularly mortgages, in areas with high exposure to cryptocurrencies.
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.
Binance has launched a new campaign on its Square Task Center, offering users a share of $30,000 in BNB rewards by completing daily tasks.
The goal of the ETF is to give investors balanced exposure to the two largest cryptos in the world in an easy-to-access format.
Dogecoin is consolidating losses above the $0.3650 support against the US Dollar. DOGE could restart increase if it clears the $0.400 resistance.
Ethereum price remained supported above the $3,220 zone. ETH is consolidating and might aim for a move above the $3,400 resistance.
The cryptocurrency market has experienced a significant downturn, with major digital assets posting notable losses.
U.S. spot Bitcoin ETFs saw significant outflows on Monday, totaling $438 million, marking the end of a five-day period of inflows that had brought in nearly $3.4 billion.
The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.
Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit. What Happened: Cramer defended his pro-cryptocurrency stance, stating that the concerns over national debt are perpetual, CNBC reported Tuesday.
In a sweeping move, Donald Trumps administration plans to shift regulatory authority over the $3 trillion crypto market to the Commodity Futures Trading Commission. The proposal focuses on Bitcoin and Ethereum, aiming to simplify rules and enhance oversight.
Ethereum block builders Beaverbuild and Titan Builder have made around 88% of the blockchain's blocks in recent weeks, and now BuilderNet aims to disrupt that.
Crypto markets are entering the week like a ticking bomb, primed by global macro pressures and critical technical levels.
Given the obvious signs of waning market momentum, Dogecoin's ambitious quest to reach the $1 milestone may have encountered a snag. Given that Bitcoin recently experienced a retracement that had an impact on altcoins in general, DOGE's trajectory appears less promising.
The Dogecoin price is outperforming Bitcoin. Surprising right?
NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market's most established assets.
Ethereum's next move is uncertain amid whale sell-offs and mixed market signals.
Elon Musk's net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla's valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023.
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.
Valour said its product launched on Sweden's Spotlight Stock Market represents a first-of-its-kind for the region.
The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin's future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle.
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs.
Dogecoin whales have resumed buying, fueling bullish momentum as DOGE eyes a potential breakout.
American stock exchange outfit NYSE Arca has submitted a 19b-4 filing on behalf of Bitwise Asset Management to list combined Bitcoin and Ethereum ETP products. As an asset manager with $11 billion in managed funds, this filing will deepen the exchange's foothold in the crypto market.
Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.
The ETP will trade on Sweden's Spotlight Stock Market, offering investors' access to the world's largest memecoin.
Breaking out of an eight-month downward trend, Ethereum (ETH) is back in the news. This marks a major turning point for the second-largest cryptocurrency by market capitalization.
Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges.
Dogecoin (CRYPTO: DOGE) is now in the spotlight as its ever exchange-traded product (ETP) is listed on Sweden's Spotlight Stock Market. What Happened: DeFi Technologies Inc., through its subsidiary Valour Inc., has introduced the first-ever Dogecoin ETP in the Nordics.
Increased bullish bets on ETH price could fuel the altcoin season calls, BUT
Ethereum (ETH) derivatives traders have reacted to the altcoin's failure to sustain the $3,500 level by increasing their short positions. This surge in bearish bets suggests that a majority of traders anticipate further price declines for ETH.
Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.
Ethereum (ETH) is making waves in the cryptocurrency market, with Open Interest (OI) hitting a record high of $22 billion on November 26, 2024. This represents an 8.9% increase in just 24 hours and marks a significant milestone for the second-largest cryptocurrency.
The launch of the Dogecoin ETP in the Nordics signifies growing mainstream acceptance and investment diversification in digital assets. The post First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset appeared first on Crypto Briefing.
TL;DR DeFi Technologies launches the first Dogecoin ETP in the Nordic countries, offering investors an easier way to access the asset. The Valour Dogecoin (DOGE) SEK ETP is available on Sweden's Spotlight Stock Market and carries a 1.9% management fee.
Starknet has launched its staking program for STRK tokens, becoming the first Ethereum layer-2 network to enable staking, according to a Nov. 26 statement shared with CryptoSlate. The program aims to empower token holders to participate in securing the network while earning rewards.
Bitcoin ETFs witnessed unprecedented inflows of $3.12 billion last week, setting a new record in digital asset investments, according to CoinShares.
Ethereum (CRYPTO: ETH) is attracting significant attention, as traders anticipate a potential rally supported by seasonal trends and robust fundamentals. What Happened: Trader MaxBecauseBTC on X highlighted that December through April, especially following a Bitcoin halving, is historically the best time to hold Ethereum.
The recent rise has helped the Ethereum price to reclaim the range that it traded before the August drop. After the July rebound, the price failed to clear the $3500 resistance, causing an extreme exhaustion of the bulls.
Dogecoin (DOGE) price hit its highest level since 2021 on November 23 but has since entered a correction, dropping 12% in the last 24 hours. The Ichimoku Cloud, DMI, and EMA indicators all point to growing bearish momentum, with DOGE trading below critical levels and showing signs of weakening upward pressure.
Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.