Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to as “Uptober” for its historical bullish trends, market sentiment remains cautious, with both leading cryptocurrencies struggling to maintain momentum. Currently, ETH is trading around
Helium’s crypto token has been making serious waves lately, capturing attention with its unique approach to blockchain-powered broadband. Helium’s ambition? Lower-cost internet access, driven by decentralized tech. Meanwhile, Ethereum’s been having a bumpy ride. It opened at $2,419 on September 15 but pulled back by 3% over the weekend, a
As the crypto community braces for a potential “Uptober”, they are also closely watching the TradFi & RWA-centric L1 chain XDC Network’s next significant milestone. Within hours, XDC 2.0 is set to roll out its highly anticipated mainnet upgrade at block number 80370000. This release will bring the XDPOS Consensus
Ethereum finds itself at a critical juncture as the broader cryptocurrency market experiences a resurgence, with the total market capitalization dropping to $2.08 trillion from $2.14 trillion. This drop has pulled Bitcoin back above and below the $58,000 level from the $61,000 mark. Ethereum has followed suit with a gain,
Ethereum’s open interest (OI) has seen a significant decrease from $13 billion to $11.5 billion. This decline in OI, which represents the value of outstanding futures contracts, indicates that traders are closing their positions in the cryptocurrency, providing some relief to the market. Prominent Intotheblock analyst Burak noted, “Following this
Consensys, a blockchain software company announced that the U.S. Securities and Exchange Commission’s enforcement division has notified the company that it is closing its investigation into Ethereum 2.0 –the crypto community has greatly celebrated this news. In its official tweet posted hours ago, it wrote “Ethereum survives the SEC,” adding,
The altcoin market is experiencing high bearish pressure, with major cryptocurrencies seeing notable declines. Ethereum (ETH), the leading altcoin has dropped 4% in the past twenty-four hours, hitting a one-month low of $3,355. Despite this price drop, trading volume has surged by 83%. Other notable coins in the altcoins’ red
Looking at the current crypto run in the market, one token has garnered unprecedented interest from DeFi enthusiasts. This is none other than Ethereum’s RCO Finance (RCOF). Offering a unique fusion of tokenization and high-yield staking opportunities, RCOF looks to excel in a crypto bull run. On the other hand,
Ethereum price is struggling to maintain its bullish momentum. The $3K mark showed signs of recovery in early May 17. The leading altcoin’s bulls and bears are exhibiting a feud. During the time of writing, the token traded at $3,832.02, an increase of 0.56% in the past 24 hours. The
In the past 24 hours, the crypto market has witnessed a dip in market cap by 3.19%. Bitcoin has struggled to maintain its prices above the $66K resistance. While the leading altcoin ETH prices have dropped 3.54% in the past 24 hours. However, over the week the crypto market exhibits
