The crypto market gears up for a promising 2024, with significant developments like Bitcoin’s halving and Ethereum’s major upgrades fueling optimism.
Ethereum News
The price of Bitcoin has recovered from its losses. Is now hovering around the $44,000 mark.
In a forecast, for the year Brevan Howard Digital has unveiled its predictions for the Web3 landscape in 2024 highlighting significant advancements across various sectors like gaming, stablecoins, Ethereum and market trends.
The stablecoin market has seen some changes on the Ethereum and Tron blockchains.
Sygnum Banks report reveals some shifts in the way institutional investors perceive and approach cryptocurrencies, based on their recent survey.
According to an analysis, by JPMorgan, Ethereum, which currently holds the position in terms of market capitalization among cryptocurrencies is expected to experience substantial growth and surpass Bitcoin and other cryptocurrencies by 2024.
Ethereum’s recent 4% rise to $2,358 reflects its growing dominance in the cryptocurrency market, overshadowing Bitcoin with stronger investor interest and promising technical indicators.
The rise of AI entities and robots marks a significant shift in the crypto economy, showcasing their increasing role as primary users and innovators on the blockchain.
The recent surge in First Digital USD’s market capitalization to nearly $1 billion is highlighted by Binance’s decision to replace BUSD with FDUSD amidst evolving regulatory landscapes.
Amidst a shifting NFT market, Tiger Global revises its investment strategy, marking down stakes in major NFT projects while maintaining a focus on diverse blockchain initiatives.
Amid a resurgent cryptocurrency market, Standard Chartered Bank reiterates its April prediction, forecasting Bitcoin to reach a landmark value of $100,000 by the end of 2024, driven by potential U.S. spot Bitcoin ETF approvals and the upcoming Bitcoin halving event.
In a series of transformative advancements, Ethereum deploys ERC-4337 for account abstraction and plans major staking mechanism redesign, as articulated by co-founder Vitalik Buterin, marking a significant shift towards improved security and decentralization.
Despite challenges, Ethereum’s total value locked in DApps reaches a new high of $26 billion, bolstered by a strong NFT market presence and upcoming network advancements, illustrating its robust growth and innovation in the cryptocurrency landscape.
Amidst an optimistic market trend, Bitcoin and Ethereum demonstrate significant recovery, with broader gains observed across various altcoins, highlighting renewed investor confidence.
Ethereum maintains upward trajectory with increased DApp metrics and NFT dominance, as Binance navigates significant regulatory fines and shifts in the crypto market.
Following its September 2023 rebranding, Justin Sun’s cryptocurrency exchange HTX faced two significant hacking incidents, with the latest attack resulting in a $97 million loss.
Amidst fluctuations, the AI-focused cryptocurrency market demonstrates resilience, recovering to a value of $3.32 billion after a significant mid-year dip, highlighting the sector’s dynamic and speculative nature.
Ethereum (ETH) has been exhibiting a bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second-largest cryptocurrency by market capitalization, Ethereum’s market cap has climbed to $242.34 billion, with a 24-hour trading volume of $12.07 billion.
A notable transaction within the NFT realm, CryptoPunk #7458, sold for 600 ETH, signaling a potential uplift in the digital collectibles market.
In a remarkable shift of market dynamics, the premium on Ethereum futures has reached parity with that of Bitcoin futures on the Chicago Mercantile Exchange (CME), a development not seen since August.
In a recent survey conducted by CoinShares, fund managers have identified Ethereum as the digital asset with the most compelling growth prospects at present.
The cryptocurrency market is currently experiencing a historic liquidity crunch, especially as the Bitcoin halving event approaches.
In a striking deviation from global trends, South Korean cryptocurrency investors are demonstrating a marked preference for altcoins and locally developed tokens over major cryptocurrencies like Bitcoin and Ethereum.
In a move that has sent ripples across the cryptocurrency investment landscape, Digital Currency Group (DCG) has initiated the sale of a substantial number of shares in several of its cryptocurrency funds.
The digital realm has been abuzz with the rise, fall, and resurgence of Non-Fungible Tokens (NFTs).
In recent financial developments, Bitcoin’s market share in the cryptocurrency realm has surged to a significant 54.4%, marking its highest point since April 2021.
The cryptocurrency market has witnessed significant shifts, with Bitcoin (BTC) emerging as the dominant player.
In recent interactions with the crypto community, Ethereum’s co-founder, Vitalik Buterin, has voiced his apprehensions about the future of the blockchain platform.