Some Coinbase users are airing frustration at the region's MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, has recently surged past a critical resistance level, capturing significant attention from both investors and traders. As of November 28, 2024, Ethereum's breakout from a five-day-long consolidation zone indicates the potential for a substantial rally in the coming days.
Coinbase has announced that it will stop offering USDC rewards to users in the European Economic Area (EEA) starting December 1. This change is linked to the upcoming Markets in Crypto-Assets (MiCA) regulations, which aim to create a unified legal framework for digital assets across Europe.
Ethereum user p0pular.eth recently managed to trick Freysa, a recently released artificial intelligence (AI) agent, into transferring them its prize pool of 13.19 ETH ($47,000 USD).
Ethereum has achieved its highest price point in almost six months, reaching $3,682 during early trading on Thursday, November 28, 2024. This marks an 18% gain over the past week, fueled by growing institutional interest, particularly in the form of spot Ether ETFs in the United States.
After an impressive performance on Wednesday, Ethereum (ETH) price has been forming a bullish pennant in the hourly time frame.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
Ethereum surges past $3,600 with $43B daily trading volume Altcoin Season Index reaches 61/100, nearing critical threshold Technical indicators suggest potential push toward $4,093
Ethereum price is holding gains above the $3,500 zone. ETH is consolidating and might soon aim for a move above the $3,600 resistance zone.
Coinbase USDC earn program will be discontinued for EEA users starting December 1 due to compliance with the EU's upcoming MiCA regulations.
Coinbase will halt rewards for USD Coin (USDC) holders located in the European Economic Area (EEA) on Dec. 1 due to the upcoming Markets in Crypto-Assets (MiCA) regulation, according to an email sent to customers on Nov. 28.
Bitcoin climbed back to the key $95,000 threshold on Thursday after the release of the personal consumption expenditures (PCE) price index, which came in as expected, according to QCP Capital. Bitcoin and Ether on the Rise The rebound marks a steadying of the crypto market, with bitcoin (BTC) finding a solid foothold at critical levels.
A wallet linked to Ethereum co-founder and core developer Jeffrey Wilcke moved a huge chunk of 20,000 ETH worth millions of dollars to U.S. cryptocurrency exchange Kraken.
New data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green.
Ethereum price has struggled to find its rhythms above USD 3,500 mark despite the recent rally. However
The price of Ethereum (ETH) has bounced back after crossing the $3,400 mark. The largest altcoin has reached a high of $3,570 at the time of writing.
Total TVL has increased by more than 205% from $16.6 billion in November 2023. The increase to more than $51 billion TVL was mainly caused by Arbitrum One and Base.
The recent overturning of Tornado Cash sanctions has sparked significant excitement in the crypto industry.
Ethereum (ETH) co-founder Jeffrey Wilcke transferred 20,000 ETH, equivalent to over $72 million, to Kraken on Nov. 28. His wallet still holds 106,006 ETH.
The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook.
November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.
Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours.
BTC's price decline and lower volatility contrast with Ethereum's rising dominance in derivatives. Ethereum's market cap is $428 billion, second to Bitcoin, according to CoinMarketCap.
Ethereum blockchain co-founder Charles Hoskinson has predicted that Bitcoin could soar as high as $500,000 within the next two years, according to a new video posted this week by the Cardano founder. Hoskinson's commentary comes shortly after Satoshi Nakamoto-created nearly soared past $100,000 in value just last week. The post ETH Co-Founder Charles Hoskinson Predicts Bitcoin Could Hit $500,000 Within 2 Years appeared first on Cryptonews.
Jeffrey Wilcke, the Ethereum co-founder and early holder, sent another 20K ETH to Kraken. The move sparked fears of a local ETH price top and a drawdown as ETH crossed $3,500 again.
The incoming Trump administration is reportedly planning to grant the Commodity Futures Trading Commission (CFTC) greater regulatory control over Bitcoin (BTC) and Ethereum (ETH) spot markets, potentially reducing the Securities and Exchange Commission's (SEC) role. This move aims to clarify regulatory responsibilities and reduce enforcement-driven approaches, fostering a more innovation-friendly environment in the United States crypto market.
Ethereum has outpaced Bitcoin over the past week as the cryptocurrency market continues to show a bullish outlook.
While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle.
Ethereum's DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump's election victory. The total value locked (TVL) in Ethereum's DeFi ecosystem has surged past $80 billion, marking its highest level in over two years.
The crypto landscape is evolving rapidly, and Ethereum, as a pillar of this universe, is not immune to upheavals. Layer 2 (L2) solutions are experiencing explosive growth, culminating in a total value locked (TVL) of $51.5 billion.
Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) in several key metrics over the past week, signaling a potential shift in market dynamics, according to a Bybit and Block Scholes report. What Happened: This trend comes amid the announcement of SEC Chair Gary Gensler's planned departure in January 2025, which has boosted sentiment around Ethereum and other altcoins.
Crypto exchange Coinbase has announced that it will delist and stop supporting Celo layer-1 blockchain token CGLD by January 13, 2025. This move is in response to Celo's planned migration into a layer-2 network.
Popular crypto analyst Altcoin Sherpa is warning that Ethereum (ETH) may have a steep correction in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 233,100 followers on the social media platform X that ETH/BTC could decline more than 35% from its current value. “ETH: I don't know if this bottoms until 0.
Ethereum cofounder Jeffrey Wilcke has sold 20,000 ETH, worth $72.5 million, on Kraken. Historical patterns suggest this move could trigger another major price rally, as Ethereum gains 8% in 24 hours.
Ethereum co-founder Jeffrey Wilcke transferred $75.2 million in crypto to Kraken, sparking debates over a possible Ether top and incoming market correction.
Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark.
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.
The total value locked (TVL) in Ethereum Layer 2 networks has reached an all-time high of $51 billion, signaling strong investor interest and value growth within the ecosystem.
The recent upside momentum in Ethereum (ETH) has gained significant attention from crypto enthusiasts. Amid this rally, today, November 28, 2024, Ethereum co-founder Jeffrey Wilcke was found dumping a significant amount of ETH on a cryptocurrency exchange. Ethereum Co-Founder Dumps $72.
With ETH/BTC up 17.8% this week and spot Ethereum ETF inflows exceeding $90 million, analysts suggest Ethereum's path to its all-time high appears increasingly achievable. Ethereum (ETH) outperformed the broader crypto market, rising 11.
Wilcke's significant ETH sale may signal market caution, potentially influencing investor sentiment and Ethereum's short-term price dynamics. The post Ethereum co-founder transfers 20,000 ETH to Kraken as price hits $3,600 appeared first on Crypto Briefing.
Ethereum isn't just a digital currency—it's a platform for change.
Analytics account @spotonchain has noticed a mammoth ETH transaction made by one of the Ethereum cofounders. However, data suggests that the Ethereum price may go upward.
Ethereum has risen to $3,607 today, outperforming Bitcoin over the past week as whales seek to take advantage of its relatively undervalued price. The post Whales Move to Ethereum As ETH Up 15% in 7 Days, Outperforms BTC appeared first on Cryptonews.
The profitability of Ethereum (ETH) has surged to levels not seen since June, with 90.8% of ETH holders now in profit, according to data from IntoTheBlock. This milestone highlights a favorable position for the majority of investors, leaving only 9.2% of holders at a loss.
Ethereum (ETH) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.
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BTC briefly pumped above $97,000, while ETH reached almost $3,700.