Ethereum (ETH)

Pepe is in the red by 15% in the past month. This has increased fear in PEPE investors. There is speculation that these meme coin investors are looking for better, stable alternatives to invest in. Crypto news reports they are flocking towards Avalanche (AVAX) and a new Ethereum token.  Unlike meme coins without utility, this new platform offers enterprise-grade tools and AI-powered trading solutions. PEPE investors could see quick profits as the new altcoin has the potential to rally by...

The cryptocurrency markets have remained relatively calm in the past 24 hours, with most coins trading flat. Their total capitalization is currently around $2.2 trillion. Bitcoin’s Price Flirts With $60K The BTC price didn’t experience significant volatility during the past 24 hours. At one point, the bears attempted to push it toward $59.5K, but the bulls were quick to intervene and recover above $60K, where it’s currently trading. All in all, this concludes a week of...

Bitcoin’s two-week-long negative streak came to an end on Monday, while the net inflows for the past five-day trading period skyrocketed to over $400 million. The same cannot be said for the spot Ethereum ETFs, as the products continue to bleed out and see little to no actual demand. Spot BTC ETFs Back on Track CryptoPotato reported last week the longest negative streak that the spot Bitcoin ETFs were on, as they saw roughly $900 million in net outflows from August 26 until...

The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an exchange-traded fund of its own. XRP ETF Coming Soon? The effects for XRP were immediate as its price soared from under $0.54 to a multi-week peak of...

Bitcoin added more than seven grand in value in the past week and soared past $60,000 for the first time since the end of August earlier today. The altcoins are also well in the green, with ETH rising above $2,400, LINK exploding by 6%, and even more gains from some meme coins. CryptoPotato reported the substantial crash that occurred last Friday when BTC dumped from over $57,000 to $52,500 in hours. At the time, most experts blamed it on macroeconomic factors as well as the...

Indodax, a leading cryptocurrency exchange based in Indonesia, has been hit by a significant security breach, leading to losses estimated at approximately $15.7 million. PeckShield, a cybersecurity firm, first identified the exploit that saw significant cryptocurrency movements from Indodax’s wallets. The breach affected roughly $15.7 million in digital assets, including large quantities of Ethereum and other tokens. Another security firm, Cyvers Alerts, confirmed the suspicious activity. It...

Ethereum co-founder Vitalik Buterin has announced a shift in his endorsement strategy for Layer 2 (L2) scaling solutions. Beginning in 2025, he will only publicly support L2 projects that have reached at least Stage 1 in their development, with a possible short grace period for new and genuinely interesting projects. Buterin Shifts Focus to Layer 2 Projects “I take this seriously,” he wrote in an X post.  “Starting next year, I plan to only publicly mention L2s that are stage...

The crypto market is notorious for its highly volatile nature, with few price movements lasting much longer than a week. Bitcoin’s (BTC) influence has also significantly contributed to the relatively unstable market lately, leaving many top tokens, including Ethereum (ETH), in quite the situation. Then again, things are starting to look up for the ETH token, and a new DeFi coin is launching on the blockchain to switch things up, too. Ethereum Suffers From Bitcoin Swings The whole...

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Polygon’s anticipated native token upgrade is here, marking a critical milestone for the Polygon 2.0 vision. The Polygon network successfully introduced its new native asset, POL, in a much-awaited move for the blockchain’s users and onlookers. With that, POL has replaced MATIC—the network’s native asset since its genesis. MATIC holders can claim POL 1:1 if their holdings have not already been converted to POL. In an X post, the official Polygon account explained, “There is no deadline for...