The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.
Evaluating ETH spot, ETF and derivatives demand amid mixed signs regarding the cryptocurrency's next major directional move.
Bitcoin came within hundreds of dollars of the vaunted $100,000 milestone on Wednesday, with ETH, DOGE, and other assets rising alongside.
The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.
Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057 +6.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10% and daily active addresses down by 0.3%.
Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.
An analyst at the asset management giant Bernstein thinks Ethereum's risk-to-reward ratio “looks attractive” given ETH's relative underperformance recently. Gautam Chhugani, the managing director of Bernstein's global digital assets division, notes that Ethereum's total supply has remained mostly stagnant since the network transitioned to proof-of-stake and adopted a burn mechanism.
A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.
Devcon SEA 2024 in Bangkok highlighted Ethereum's advancements, focusing on real-world applications, scaling, and second-generation cryptography, while fostering community collaboration.
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Ethereum (ETH) has experienced a massive surge in institutional interest, with year-to-date inflows hitting a record $2.2 billion. This figure surpasses the previous record set in 2021, showcasing Ethereum's continued dominance in the cryptocurrency space.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.
Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.
While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.
Ether looks good on both long and short timeframes, traders say, as ETH price strength "finally" appears against Bitcoin.
Ethereum has crossed the 3,800 USDT benchmark with an increase of over 6% in the past 24 hours, continuing its movement toward $4,000 amidst broader market volatility. Bitcoin (BTC), the leading digital asset, on the other hand, is holding to its $95k level. Ethereum has consistently moved in an uptrend during the day.
Tron's TRX token has captured headlines with its remarkable rally, climbing 85% within a single day to break its previous all-time high of $0.23 and reaching a peak of $0.43, according to CoinGecko data.
BItcoin expected to trade sideways as the market remains in altcoin season.
Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.
Ethereum has crossed into the $3.7K zone. The market witnessed a liquidation of $44.53 million in Ethereum.
Justin Sun, the CEO of Tron (TRX), has outlined new strategies to align the project with shifting U.S. regulatory policies. In his recent comments on X, Sun emphasized Tron's commitment to balancing its vision of decentralization with the evolving stance of the upcoming administration on cryptocurrency regulation.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues its movement toward $4,000 amid broader market volatility. Bitcoin (BTC), the leading digital asset, declined to a low of $93,720 the day before, climbing to its current price of $96,350.
Hyperliquid (CRYPTO: HYPE) is soaring on bullish sentiment on Wednesday, gaining 274% in just a week, as traders and developers praise its innovative model and transformative community impact. In the last week of November, a crypto trader earned $800,000 worth of Hype via an airdrop, highlighting the potential rewards for early platform adopters.
Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024.
Crypto analysts have revealed that the Ethereum price is about to confirm a golden cross on the daily time frame. This provides a bullish outlook for Ethereum, as it enjoyed a parabolic rally the last time this happened.
Ethereum has turned deflationary for the day due to no particular smart contract. It instead appears to be a general rise in network demand.
Tron (TRX) has made headlines once again as it reached a new all-time high (ATH) of $0.2349. This milestone comes as a result of heightened trading activity and an optimistic outlook in the cryptocurrency community.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of , which is a show of strength. Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $676 million on Tuesday, marking the fourth consecutive day of inflows. What Happened: Among the major players, BlackRock‘s IBIT (NASDAQ:IBIT) ETF led with an impressive daily net inflow of $693 million, while Fidelity‘s (CBOE: FBTC) ETF saw a net inflow of $52.2 million, according to data from SoSo Value.
Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL.
Cryptocurrency exchange Binance will list USDT perpetual contracts for Aerodrome and KAIA on Dec. 4. Following the announcement, AERO saw its price spike by nearly 20%.
The US ETFs have bought $676 million worth of bitcoin on Tuesday, with BlackRock buying the vast majority of it, $693 million.
Justin Sun, Tron's (TRX) founder and BitTorrent owner, has hinted at a potential RLUSD release on Tron (TRX). Meanwhile, the community is expecting the asset to go live today, Dec. 4, 2024, following highly anticipated New York regulator approval.
Ethereum (ETH) has been on a strong rally, with its price rising from $2,400 to $3,700 in recent weeks. This surge has captured the attention of traders and investors, fueling optimism about ETH's future.
Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.
Justin Sun, Tron (TRX) founder, has dropped a bold statement that signals the future direction of the asset. In a post on X, Sun noted that Tron will reposition with the incoming new administration in the U.S. amid an anticipated shift in the regulatory landscape.
Story Highlights The TRX price records a new ATH after 7 years. Tron's price jumps over 100% in 24 hours with a trading volume of $14.603 billion. Sustained bullish sentiment could push the price beyond the $0.5 mark.
The Ethereum Foundation announces its first formal summer internship program for 2025, offering opportunities in research and development for aspiring Ethereum developers and researchers.
The crypto market has witnessed a remarkable event recently, as TRON (TRX) reached a new all-time high, doubling its price within a few hours. This spectacular rise propelled TRX to a record price of $0.44, marking an 85% increase in a single day.
Ethereum (CRYPTO: ETH) is continuing its rally, buoyed by record-breaking ETF inflows and positive market sentiment, with traders remaining bullish on its future performance. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,738.69 $450.3 billion +3.7% +7.9% Bitcoin (CRYPTO: BTC) $96,273.28 $1.9 trillion +1.5% +3.2% XRP (CRYPTO: XRP) $2.61 $148.8 billion -6.7% +83% Trader Notes: Crypto trader The Moon Show highlighted Ethereum's bullish structure, noting a bounce off ascending support and the formation of a potential 4-hour double bottom.
Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.
The US spot Ethereum ETFs led by BlackRock's ETHA have registered more than $620 million in cash inflows over the past two weeks.
Tron (TRX) has surged by 66% in the past 24 hours, reaching $0.44 before retracing slightly to $0.39. This impressive rally places TRX as one of the top-performing altcoins in the market, drawing comparisons to Ripple (XRP), which recently saw a massive 300% price increase.
Tron (TRX) is currently setting the crypto market abuzz, skyrocketing as much as 80% in the last 24 hours to achieve a new all-time high (ATH). This would be the first time TRON has set a new ATH in the last seven years.
TL;DR TRON's TRX surged 65% in a single day, breaking its all-time high and boosting its market cap, with the price peaking at $0.44 due to increased liquidity and trading activity.
Yes, that's a golden cross! There is an exciting update for all Ethereum enthusiasts. The market is about to witness a fabulous golden cross. Has the Altcoin Season Begun? Or is it too early to shoot such a question? Anyway, there is no shortage of excitement in the Altcoin community.