Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's performance comes as the broader cryptocurrency market sentiment deteriorates, thus one needs to analyze whether  ...

Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?

Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" mi ...

Spot Bitcoin ETF: Why this time is different

A wave of optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has ignited bullish price action in the crypto market in recent weeks. But that could be just the beginning: If a spot Bitcoin ETF receives a greenlight by the U.S. Secur ...

Solana jumps 20% as Cathie Wood lauds its speed and cost over Ethereum

Solana (SOL) has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness.In a Nov. 15 CNBC interview, Wood described the Solana network as a major infrastructure player in the wider blockchain eco ...

3 theses that will impact Ethereum and Bitcoin in the next bull market

After 2021, we entered an era in cryptocurrency where people stopped talking only about financial decentralization and started to broadly discuss the tokenization of everything, thanks in part to nonfungible tokens (NFTs).This shift represents a critical perspective that is set to guide th ...

BlackRock ETH ETF helps price past $2k; community sees BTC ETF as ‘done deal’

The world’s largest asset manager filed for a spot Ether (ETH) exchange-traded fund (ETF) on Nov. 9, four months after filing for a spot Bitcoin ETF. BlackRock’s filing helped ETH prices soar past $2,000 for the first time in over a year.BlackRock’s intention to file for ...

3 reasons why Ethereum price is underperforming altcoins

Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether's 17% return over the last 30 days falls short of Bitcoin's (BTC) impressive 27% gain during the same period.Regulatory hurdles ...

Ethereum futures premium hits 1-year high — Will ETH price follow?

Ether (ETH) price has declined by 14.7% since its peak at $2,120 on April 16, 2023. However, two derivatives metrics indicate that investors have not felt this bullish in over a year. This discrepancy warrants an investigation into whether the recent optimism is a broader response to Bitcoin (BTC ...

3 reasons why Ethereum price is down against Bitcoin

The price of Ethereum’s native token, Ether (ETH) is trading around a 15-month low versus Bitcoin (BTC), and the lowest since Ethereum switched to proof-of-stake (PoS).Cointelegraph takes a closer look at some of the reasons for the continuous drop of the ETH/BTC pair. Ether’s historic ...

Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin

Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023.Warren Buffett’s “crypto bet” up $130 million in 2023The “Oracle of Omah ...

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Hopes of approval for a spot Bitcoin (BTC) exchange-traded fund by the United States Securities and Exchange Commission boosted Bitcoin’s price by 27% in October. This improved sentiment, attracting aggressive buying by crypto investors.Bloomberg senior ETF analyst Eric Balchunas highlight ...

Ethereum Price Struggles to Surpass $1,600, Faces Potential Retreat to $1,500

Ethereum Price Faces Uphill Battle, Potential Reversal to $1,500 Looms Ethereum's price is currently in a recovery phase, attempting to break above the $1,580 mark against the US Dollar. However, the $1,620 resistance level presents a formidable challenge, raising the possibility of another downw ...

Ethereum Faces Critical Support: Analyst Crypto Tony Weighs In

Prominent cryptocurrency analyst Crypto Tony has turned his attention to Ethereum's current situation, emphasizing the importance of a critical support level. Tony has outlined potential scenarios and his strategy based on how Ethereum behaves at this crucial juncture. Tony's analysis is rooted i ...

Casa wallet launches Ethereum vault relay service for increased user privacy

Cryptocurrency self-custody platform Casa has rolled out new functionality for its recently launched Ethereum (ETH) vaults that will allow users to transact via a relay for added privacy.Casa added a multisignature Ethereum self-custody vault to its initial Bitcoin (BTC) custody offer ...

Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline

Ether (ETH) price surged by 31.3% from March 10 to March 18, coinciding with the U.S. Federal Reserve's injection of $300 billion to address the insolvency of Silicon Valley Bank.. Since then, Ether’s price consistently maintained a daily closing price above $1,600. However, investors ...

Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum

The Ethereum (ETH) ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly open sourced codebase Chain Development Kit, which harnesses zero-knowledge proof (ZK-proof) technology to ensure security and fast finality.Jordi Baylina, technical lead of Polygon ...

When will it be too late to invest in Bitcoin?

On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin investment thesis and his unique perspectives on how the asset’s ...

Ethereum’s 8th birthday: Crypto industry shares its top moments

The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since the Ethereum Foundation first sent the network live.On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a blog post, officially announcing that the netwo ...

Ethereum death cross threatens more downside as ETH price trades at a key support level

Ether price is down today, and several data points are beginning to suggest that further downside could be in store. On July 24, Ethereum (ETH) experienced a drop close to its monthly low, reaching $1,825, amid Bitcoin's negative price action, as uncertainty loomed over macroeconomic ...

ConsenSys launches Linea zkEVM to further scale Ethereum

The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing.Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate dece ...

Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low

Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s (ETH) technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance be ...

3 reasons why Ethereum’s market cap dominance is on the rise

Ethereum has been the dominant smart contract and decentralized application (Dapp) network since its inception. An analysis based on Ether’s price (ETH), and its market capitalization, shows indisputable evidence that the blockchain has been gaining market share over time. Ether market c ...

3 key Ether price metrics point to growing resistance at the $1,750 level

Ether’s price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support. It is worth noting that the $1,620 bottom represents a $196 billion market capitalization for ...

A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR

Altcoin prices crumbled after the United States Securities and Exchange Commission announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as ...

Why is Ethereum (ETH) price up today?

On June 6, Ethereum's native token, Ether (ETH), rose nearly 2.25% to around $1,825, compared to its June 5 low at $1,775. The bounce appeared synchronously with a similar move elsewhere in the crypto market. Interestingly, the move accompanied the U.S. Securities and Exchange Commission's ...

Why is Litecoin price up today?

Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on June 1 as the market's attention shifted to its strong network growth in recent months.The LTC price jumped 3% to an intraday high of around $95. In comparison, its top-rivaling assets, Bitcoin (BTC) and Ethereum (ETH ...