Ethereum trades above $3,800 again

Ether (ETH), the cryptocurrency of the Ethereum network, is experiencing a notable rebound that allowed it to return to trading at $3,800, its highest price in 5 months. The quote of the second most valuable cryptocurrency on the market increased more than 6% during the last week and now it sets its sights on breaking … Read more

US sends millions in cryptocurrencies to exchanges in full swing of altseason

The amount mobilized includes 5,024 ether and 13.5 million BUSD. The transfers came amid the altcoin rally. Around $33.6 million in cryptocurrencies moved from US government wallets on November 3. These are addresses where part of the funds confiscated after the collapse, in 2021, of the FTX cryptocurrency exchange and the Alameda trading firm are … Read more

Institutional investment in Ethereum soared

Ether (ETH) remains firm above $3,500. On Friday, for the first time, ETH ETF inflows surpassed that of bitcoin. Investment funds based on ether (ETH), the cryptocurrency of the Ethereum network, have accumulated net inflows of $2.2 billion globally so far in 2024. In this way, they set a new record that exceeds the $2 … Read more

For the first time, money inflows into Ethereum ETFs surpassed those into bitcoin

The price of ether (ETH) increased by 7.5% in the last 7 days. The BlackRock ETF reported inflows of $250 million. Ether (ETH) exchange-traded funds (ETFs), the Ethereum cryptocurrency, had net inflows of more than $332 million in a single day, marking a record in the history of these financial instruments operating in the United … Read more

Solana’s golden era is over, according to Justin Drake

Justin Drake, an Ethereum (ETH) developer, expressed on November 28, 2024 that “the golden age of Solana (SOL) would end” due to the growth of Ethereum’s second layer (L2) networks. Drake, who is also part of the Ethereum Foundation community, analyzed during an interview the Ethereum ecosystem and pointed out two important metrics: latency and … Read more

The price of the ENS token skyrockets. What is happening?

In the last 7 days, its price increased more than 90%. Recent announcements and updates to their protocol fueled this rise. Ethereum Name Service (ENS), the governance token of its eponymous platform, had a price increase of more than 90% in the last 7 days and is the second cryptocurrency on the market with the … Read more

Ethereum Shows Strength Against Bitcoin (But Don’t Get Too Excited Just Yet)

Ether (ETH) versus bitcoin has been in a negative trend for at least 3 years. New competitors joined the race, making the rise of ETH more difficult. Ether (ETH), the cryptocurrency of the Ethereum network, continues to show good performance in its dollar price and shows its strength against bitcoin (BTC), the main currency in … Read more

How much money does Donald Trump have in cryptocurrencies?

Trump mostly owns ETH, the Ethereum cryptocurrency. Trump’s cryptocurrency holdings mostly come from the NFT business. The portfolio of Donald Trump, president-elect of the United States, reveals a fortune of 5.6 million dollars expressed in various cryptocurrencies. Among his assets, Trump mostly owns ETH, the Ethereum cryptocurrency. According to the data Obtained from Arkham Intelligence, … Read more

Participating and contributing to the Ethereum network is now more profitable

In October, Ethereum saw revenue of around $100 million, down 33%. Profits come from transaction fees and staking rewards, among others. Ethereum (ETH) network profits skyrocketed during November 2024 to levels only seen in April of this year. That is, November is the most profitable month for the network co-founded by Vitalik Buterin in the … Read more

November was a great month for Shrub, Elon Musk’s hedgehog who “lives” on Ethereum

Tycoon Elon Musk doesn’t just like Shiba Inu dogs. The owner of Tesla and SpaceX, among other companies, has several pets and one of them is Shrub, a hedgehog. As it could not be otherwise, after the existence of Shrub became known, there were those who rushed to “tokenize” its existence in cryptocurrency networks. Although … Read more