Solana's ecosystem is displacing demand for altcoins and Ethereum-based tokens, due to ease of use and more opportunities to bet on new tokens.
Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market's correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100.
The growing rivalry between Tron (TRX) and Ethereum (ETH) has taken a new twist with an unusual network shift. According to data insights from the crypto analytics platform CryptoQuant, Tron has surpassed Ethereum in network fee revenue.
The Cboe BZX Exchange has proposed a rule change to enable options trading on spot Ethereum exchange-traded funds (ETFs). This move follows the rapid growth of Ethereum-based investment products and could lead to increased liquidity and price stability.
Ethereum co-founder Vitalik Buterin stated that the Pectra upgrade will be deployed in March. The Ethereum Network continues to undergo changes, boosting its scalability amid tight competition from new networks.
The largest asset manager in the world is buying the Ethereum dip to custody funds for its ETH-based exchange-traded fund (ETF). According to BlackRock's data, the firm picked up 100,535 ETH – worth about $276.2 million at time of writing – for its iShares ETHA product.
Crypto analyst Michaёl van de Poppe urges investors to hold their crypto assets, emphasizing that Bitcoin (CRYPTO: BTC) is fairly valued while altcoins remain heavily undervalued. What Happened: Van de Poppe highlighted on Wednesday on X that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.
Ether could be trading at a discount, but reclaiming $3,400 could be a huge challenge.
The latest cryptocurrency investment of a US legislator, who bought Ethereum (ETH) when its price dropped below $3,000, is generating headlines. Representative Michael Collins has reportedly taken advantage of the dip by purchasing between $1,000 and $15,000 worth of Ethereum.
The price of Ethereum is currently -42.5% below its all-time high of $4,891.70, reached on November 16, 2021.
Ethereum (ETH) endured a turbulent week, plunging to a massive low of $2,065 amid geopolitical trade war tensions before rebounding as investors capitalized on discounted prices, currently down 2.1% over the last day. Trade War Fears Rock ETH Ethereum opened the week at $3,200-$3,400 but crashed to a significant low of $2,065 on Feb.
TL;DR The Ethereum market dropped 27% on Monday, hitting $2,135, due to Donald Trump's trade tariff announcements and adjustments in leveraged positions. On Tuesday, the 2x ETH ETF saw a record inflow of $246.5 million, and other ETH products received $308 million in inflows.
Ethereum (ETH), the world's second-largest cryptocurrency by market cap, is poised for a massive upside rally. It has recently formed a bullish price action pattern on a monthly time frame. A crypto expert posted on X (formerly Twitter), sharing an ETH chart and highlighting how it mirrors Bitcoin's (BTC) chart before its explosive 2024 surge.
Ethereum has made a recovery to $2,800 during the past day as on-chain data shows the whales have been making massive withdrawals from exchanges. Ethereum Exchange Outflows Spiked After Price Crash According to data from the market intelligence platform IntoTheBlock, investors reacted to the latest crash in the Ethereum price by making outflows from exchanges.
Ethereum‘s (CRYPTO: ETH) underperformance has sparked fresh debate about its future, with crypto analyst Benjamin Cowen suggesting the cryptocurrency might have finally reached its lower logarithmic regression trend line. What Happened: In a video podcast on Feb. 5, Cowen, known for his data-driven approach, pointed out that Ethereum has reached a critical juncture.
The filing specifically mentions the Bitwise Ethereum ETF, Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, "and any trust that holds ether."
In a major move that has gained the attention of the crypto community, 19,037 ETH (worth over $53 million at current prices) has recently exited major crypto exchange Coinbase to a brand new Ethereum wallet.
Ethereum's price is yet to recover from the drop it has been experiencing lately. Therefore, more downside could be expected in the coming weeks.
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TL;DR The integration of BitcoinOS with Arbitrum allows for direct connection between BTC and ETH, without centralized intermediaries. BOS Grail facilitates trustless BTC transfers to Arbitrum, without third-party intervention, unlike WBTC. Arbitrum offers up to 40,000 transactions per second and nearly instant withdrawals.
Ethereum's price has recently experienced a significant drawdown, dipping below the $3,000 mark. This crash has invalidated a key bullish pattern and caused some of the largest losses investors have seen in a long time.
Ethereum Foundation Grant transfers 220.452 ETH to a multi-signature wallet.
Ethereum (CRYPTO: ETH) has exhibited a curious pattern of weakness over recent weeks, with Hyperliquid (CRYPTO: HYPE) being a notable beneficiary of this trend. What Happened: Lookonchain and pseudonymous crypto trader kirbyongeo highlighted the divergence in the performance of Ethereum and Hyperliquid relative to Bitcoin's (CRYPTO: BTC) repeated moves to $100,000.
According to experts, a continued ETH inflation could weaken Ethereum's security in the long run.
Bitcoin holders are finally gaining access to the decentralized apps and ecosystem “they've spent 15 years starving for," said the CEO of BTC OS.
The withdrawals from derivative exchanges coincided with inflows to spot exchanges, showing that traders are repositioning.
The cryptocurrency market is a whirlwind of action. Once the golden child of altcoins, Solana is now battling a pullback after an explosive rally.
Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.
MetaMask's Gas Station makes Ethereum swaps easier by covering fees directly. Ethereum's gas limit increase enhances network capacity and reduces congestion.
BlackRock made a major move by purchasing $276.16 million worth of Ethereum on Feb.4. The asset management giant BlackRock acquired approximately $276.16 million worth of Ethereum (ETH) on Feb. 4, as reported by Crypto Rover on X.
BlackRock's ETHA and Fidelity's FETH accounted for over 98% of the total exchange-traded funds inflows as the Ethereum ETF market closed green.
Ethereum is getting slightly bigger blocks as stakers have signaled to increase capacity from 30 million gas units to 36 million per block.
Ethereum (ETH) has been facing significant challenges recently, as its price experienced a volatile drop before bouncing back slightly. As of late, Ethereum has also been showing signs of weakening on-chain metrics, with its mean coin age and exchange netflows presenting mixed signals about the future.
There is still life in the altcoins. Ethereum (ETH) is suddenly up around 3%, while Trump (TRUMP) has just broken out of its downtrend and is up nearly 13% so far on Wednesday.
The US spot ethereum ETFs have bought $307 million worth of ethereum on Tuesday, a near record level since ETF trading began in July.
The finance industry association chief vows to list a crypto ETF in 2025 on the domestic exchange to satisfy the growing demand for digital assets among older investors.
Everyone seems to be hating on Ethereum (ETH) right now, but investors have been buying this dip in a very big way this week, said CoinShares Head of Research James Butterfill, citing data from fund flows into crypto-oriented exchange-traded investment products in the last 24 hours.
Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week.
ETH's price remains deep in the red on a monthly scale.
The gas limit sets the maximum capacity for transactions in each block. It has been increased to over 31 million gas units.
Ethereum's standing as a dominant smart contract platform is being questioned by many in the crypto space. While Ethereum achieved a 63% increase in 2024, it significantly lagged behind its competitors, raising concerns about its future and ability to maintain market leadership.
Ethereum experienced a 27% price crash followed by a 38% recovery on Monday, while 340,000 ETH left exchanges and ETF inflows remained positive, indicating potential for further price recovery despite short-term volatility.
MetaMask launched Gas Station to eliminate failed transactions due to insufficient gas fees, while Ethereum increased its gas limit to 36 million units, making the network more efficient.
The ETH/BTC ratio has plunged to lows of 0.027, as institutional investors demonstrate a clear preference for Bitcoin ETFs.
Amid the increasing crypto ETF inflows, the market sentiment is gradually improving. As the market bottoms out, will Ethereum (ETH) price break past the $3,000 mark for a price jump to $4,000?
The crypto market has just experienced a historic day, marked by a massive influx of capital into Ethereum. Indeed, the second largest cryptocurrency reached an all-time high of 38 billion dollars in daily trading volume, a threshold never crossed before.
Analysts pointed to the Ethereum network's Dencun upgrade in March last year as a cause for ether supply inflation.