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Month: October 2024

cryptocurrency October 8, 2024

The Dencun upgrade allowed multiple L2s to grow substantially.  ETH’s price action turned bullish in the last 24 hours.  After the Decun upgrade, Ethereum [ETH] witnessed major changes in the ecosystem. As a result, ETH’s fees hit an all-time low. This also had a major impact on the token’s deflationary characteristic. Advertisements But will ETH’s […]

cryptocurrency October 7, 2024

Este artículo también está disponible en español. Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Advertisements Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding […]

cryptocurrency October 7, 2024

BTC is sound money and a ‘risk-off’ asset, per BlackRock. But ETH is a speculative bet on blockchain technology adoption.  BlackRock, the world’s largest asset manager, recently presented unique yet different pitch decks for Bitcoin [BTC] and Ethereum [ETH].  Advertisements The dual pitch deck was presented during a digital assets conference held in Brazil. BlackRock’s […]

cryptocurrency October 6, 2024

Este artículo también está disponible en español. In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. Advertisements […]

cryptocurrency October 6, 2024

Steady decline of Ethereum was partly due to lowered transaction fees Other leading L2s saw rising transaction counts while ETH lost out slightly Ethereum [ETH] has performed poorly since April, especially compared to Bitcoin [BTC]. As the leader of the altcoin market, some participants expect ETH to lead the altcoins’ bullish charge. As things stand, […]

cryptocurrency October 5, 2024

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Advertisements Semilore is drawn to the efficiency of digital assets in […]

cryptocurrency October 5, 2024

Vitalik Buterin’s associated Ethereum wallet conducted a large transaction today, divesting a range of meme coins and Tether’s USDT for ETH. Advertisements Blockchain data reveals that developers sent these unsolicited meme tokens to Buterin’s wallet throughout the past year. Why Did Buterin Offload Over $300,000 in Meme Coins? On October 5, Buterin sold four different […]

cryptocurrency October 5, 2024

Solana and Ethereum have both held significant milestones while fostering a competitive rivalry However, a recent event may exacerbate tensions between the two In its monthly report, Swiss crypto bank Sygnum highlighted Solana [SOL]  as Ethereum’s [ETH] most significant challenger in the finance sector and a viable alternative for numerous rollouts and development breakthroughs. Advertisements Often […]

cryptocurrency October 4, 2024

Este artículo también está disponible en español. In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides […]

cryptocurrency October 4, 2024

Bitcoin ETFs IBIT and FBTC excelled with over $10 billion in assets amid the market downturn. Ethereum ETFs struggled, facing cumulative outflows as Bitcoin and Ethereum prices declined. As the cryptocurrency market grapples with a broader downturn, Bitcoin [BTC] ETFs are not immune to the prevailing trends. Advertisements Recent reports from Farside Investors reveal that […]