Ethereum FUD returns as ICO whale offloads another $47M
An early Ethereum investor has continued a two-week Ether selling spree as Ether’s price has slumped 10% since the start of October. Go to Source
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Robinhood Crypto Launches Crypto Transfers for European Users
Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers … Read more
Hashdex files amended S-1 for Nasdaq Crypto Index US ETF
The filing signals progress towards a possible spot cryptocurrency index ETF listing in the US. Go to Source
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
Solana may hit $330 and reach 50% of ETH market cap — VanEck research
Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains. Go to Source
Golem report reassures no ETH dump after $337M transfers
Golem’s latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security. Go to Source
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