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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3809.52, down 4.3% (-172.06) since 4 p.m. ET on Wednesday. One of 20 assets are trading higher.Leaders: ETC (+2.1%) and ETH (-1.4%)…
World Liberty, a crypto project affiliated with President-elect Donald Trump, has continued to diversify its treasury holdings away from stablecoins and into more speculative tokens.The treasury swapped around $24.6 million of the stablecoin USDC for Ether (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), …
In the past week, the crypto market experienced a general uplift as Bitcoin surged above $100,000 for the first time since early December. According to data from CoinMarketCap, Ethereum gained by 7.25% spurring a return to the $3,500 price zone. Interestingly, more market developments are pointing t…
Ethereum’s price has been gradually declining after the rejection from the $4,000 resistance level.Yet, things might finally change soon as the asset bounced off the $3,000 support.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, the asset has been making lower hi…
La seconda crypto per market cap, Ethereum, è in ripresa insieme al resto del mercato. L’asset ha raggiunto la soglia dei 3.346 dollari, con un guadagno del 4% nelle ultime 24 ore. Dopo mesi di consolidamento, ETH sembra aver trovato un nuovo slancio, alimentando le aspettative degli investitori. I …
Bitcoin price approached the psychological barrier of $100,000 following December's inflation increase in the United States. Along with BTC, altcoins also rose as investors anticipate the Federal Reserve may be forced to cut rates sooner than planned13.Why is Bitcoin Up? US CPI Inflation Rose 0.4% i…
TL;DRWhat Caused the Pump?Cardano’s ADA is among the best-performing cryptocurrencies today (January 15), with its price soaring to a one-week high of approximately $1.05 (per CoinGecko’s data). Its market capitalization jumped above $37 billion, thus solidifying the asset’s position in crypto’s top…
The U.S. Securities and Exchange Commission has postponed deciding on the proposed conversion of Bitwise’s crypto index fund into an exchange-traded fund.The Bitwise 10 Crypto Index Fund, which trades under the ticker “BITW,” currently consists of exposure to BTC, ETH, XRP, SOL, ADA, AVAX, LINK, DOT…
Leading altcoin Ethereum has traded below $3,500 for seven days, mirroring a broader bearish sentiment across the cryptocurrency market. Since it recorded an intraday high of $3,744 on January 6, the coin’s value has plummeted by 13%.However, despite this price dip, key on-chain metrics suggest tha…
Bitcoin has continued its bearish price action as on-chain data shows the inflows into the cryptocurrency market have seen a sharp decline recently.Cryptocurrency Capital Inflows Have Seen A Notable Drop RecentlyAs explained by analyst Ali Martinez in a new post on X, capital inflows for the cryptoc…
Ethereum price started a minor recovery wave above the $3,200 zone. ETH is struggling and might continue to move down if it stays below $3,320.Ethereum started a minor recovery wave from the $3,160 zone.The price is trading below $3,320 and the 100-hourly Simple Moving Average.There is a connecting …
There is a reason for Ethereum fans to be optimistic, as expert analysis suggests that the cryptocurrency is going to touch the skies in the coming months. As Bitcoin has just crossed $94,000, Ethereum also shows signs of life and bounces back from its recent low and hints at the possibility of pric…