Ethereum’s Network Activity And Fee Surge Amid 15.6% Rally

Ethereum’s network has seen a surge in activity recently, with fee levels rising alongside the increased demand. Despite the uptick in fees, the Ethereum community appears unconcerned, as the asset has rallied by 15.6% since September 15th. Users seem willing to pay higher transaction fees, banking on Ethereum’s continued upward momentum as the #2 cryptocurrency. … Read more

Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus

Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ … Read more

Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply

From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions … Read more

Bullish Sentiment Grows As Ethereum Futures And Burn Rates Surge

Ethereum futures are showing a bullish shift as funding rates rise, indicating increased buying activity among futures traders. This uptick in demand suggests that market participants are becoming more optimistic about Ethereum’s short-term price potential. #Ethereum Futures Signal Bullish Shift “The rise in funding rates indicates an increase in buying activity among futures traders, signaling that … Read more

Ethereum’s Market Value Rebounds To $2,700 Amid Renewed Interest And Major Whale Movements

Ethereum has surged back to as high as $2,700, riding the wave of a broader crypto market rally. Social media is abuzz with renewed excitement around the second-largest cryptocurrency by market cap, and margin trading activity is on the rise, with Ethereum wallets on leverage exchanges hitting 7-week highs. 🗣️ Ethereum’s market value has rebounded … Read more