The largest crypto asset, Bitcoin (BTC), is in the spotlight in the crypto market, nearing the much-anticipated $100K threshold and setting a new all-time high of $97,862. The BTC rally has driven gains across altcoins, but Ethereum (ETH), the largest altcoin, remains an exception. As Ethereum lags behind Bitcoin, the
Ethereum (ETH) continues to grapple with resistance levels while Bitcoin (BTC) surpasses expectations, recently hitting $93,905. Ethereum, on the other hand, has failed to break above $3,300. It is currently trading at $3,110, down 0.79% in the past 24 hours. Its trading volume has also dropped by 23%, signaling weak
The altcoin market saw remarkable growth this month, with SOL, XRP, ADA, PEPE, and FLOKI surging in double-digit returns. Consequently, the anticipation of the altcoin season mounts. ETH’s surge might be the missing piece to solidify the altcoin market rally. The largest altcoin, Ethereum (ETH) has stalled behind other major
The recent crypto market rally, driven by Bitcoin’s new all-time high, has fueled a positive market sentiment. Consequently, traders shifted focus to Ethereum, which initially outperformed other altcoins. However, Ethereum faced criticism as it lagged, unable to reach higher levels. Analysts predict Ethereum might explode after breaking steadily above the
The bullish sentiment of the crypto market drove the overall market cap to climb past $3 trillion, surging over 5%. While Bitcoin (BTC) trades at $91,627, Ethereum (ETH) cannot mirror its upward momentum. With fading bullish signals, the ETH price risks its price. ETH hovers at a crucial trading juncture,
The surge in crypto asset prices ignited a bullish sentiment in the cryptocurrency market. Notably, the global crypto market cap currently settles at $2.99 trillion, with a 3.64% increase over the day. Bitcoin (BTC) hit its new all-time high of $93.4K, which lifted the crypto market. Despite the surge, the
At the much-anticipated Devcon 2024 in Bangkok, Vitalik Buterin, the co-founder of Ethereum, shared exciting updates on the network’s future. He outlined key upgrade plans to enhance decentralization and censorship resistance and prepare for quantum computing threats. The report said that Buterin highlighted Ethereum’s goal to scale, aiming for over
Today, the Ethereum Foundation made another significant move in its ongoing strategy to fund public projects and maintain reserves. For the first time since releasing its annual report, the foundation sold 100 ETH, swapping the cryptocurrency for the stablecoin DAI. This transaction followed a similar move in late October, where
Ethereum Foundation researcher Justin Drake has introduced a proposal at Devcon for a comprehensive redesign of Ethereum’s consensus layer, termed the “Beam Chain.” Beam Chain combines several advanced upgrades from the Ethereum roadmap, including native zero-knowledge (ZK) proof support and faster finality. This proposal could mark Ethereum’s biggest transition since
Ethereum (ETH) has experienced a notable rally over the past week, reaching a high of $3,184—a level last seen three months ago. This price surge follows Bitcoin’s own bullish movement, pushing the overall crypto market into a “greed” zone and boosting Ethereum by 8% in the past 24 hours and
