Ethereum News by Thebittimes.Com

A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside. In a new thread, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that even though the crypto king looks like it’s on the cusp of an impulsive move, it will likely still be outpaced by altcoins in the Ethereum (ETH) ecosystem. “Very likely we’ll see a new impulse on Bitcoin in the coming period. However, I think it’s more likely that we’ll see altcoins outperform Bitcoin, especially the ETH ecosystem. Lower yields, weaker dollar, progressive crypto regulation all fueling the market momentum.” According to the strategist, the current crypto cycle is more “complex” than the last, continuing a trend from the previous cycle. Van de Poppe says his strategy will involve maximizing his risk to altcoins as he believes they are about to break out. “I think that this bull cycle ...

So far, Donald Trump’s re-election has been a major win for the digital assets industry and for cryptocurrency investors, with the January 20 inauguration poised to further the positive trend. Amidst the strong – if sometimes choppy rally – more than just uninvolved bystanders benefited significantly. Indeed, the incoming Vice President, J.D. Vance, is known as something of a Bitcoin (BTC) hodler . As Finbold previously reported in July, 2024, Vance might have held up to $250,000 worth of BTC at the time and early November estimates place the stake as high as $500,000 but no lower than $250,000. Picks for you 2 crypto startups crossing the chasm this week to keep an eye on 27 mins ago Trump's crypto wallet revealed before h...

Ripple is one of the leading market contenders that have been taking the cryptocurrency market by storm lately. The token has achieved a great milestone in the past by hitting the $3 price value, a remarkable feat, per John E. Deaton, Ripple’s lawyer. Talking about it in detail, Deaton shared how spectacular the XRP community is and that he has always had trust in XRP all along. With a new forecast making waves in the market, here’s how high XRP can go if the bullish factors continue to support the token. Also Read: Donald Trump to Designate Cryptocurrency as a National Priority Deaton Weighs In On XRP Price Path Source: Watcher Guru John E. Deaton, a prominent XRP lawyer, took to X to share his thoughts about the token hitting the $3 milestone. Deaton shared how he always wanted to sell XRP at $3, as he had purchased the token when it was worth $0.50. The XRP lawyer later emphasized how he had always pictured the token hitting $3, but there were times when XRP would wobble, indic...

Following the arrival of critical US economy inflation data, all eyes are on what the central bank is set to do about interest rates. Now, top Federal Reserve official Christopher Waller told CNBC that three to four cuts are still possible this year, “if the data cooperates.” The statement arrived after the most recent Bureau of Labor Statistics Consumer Price Index (CPI) saw inflation rise to 2.9% in December of 2024. Moreover, that data was an increase on November’s 2.7%. Moreover, Waller has previously been an outspoken advocate of more rate cuts this year. JUST IN: FED's Christopher Waller says "three or four cuts could be possible this year." — Watcher.Guru (@WatcherGuru) January 16, 2025 Also Read: Will the Fed’s Rate Cut Boost Bitcoin? Experts Weigh In Federal Reserve’s Christopher Waller Says As Many as Four Rate Cuts Could Be Possible This Year For the past several years, the US economy has been engaged in an aggressive fight against inflation. The metr...

The Department of Government Efficiency price pumped over 14% in the last 24 hours to trade at $0.2204 as of 2:46 a.m. EST as investors rush to buy the meme coin. This jump in the DOGE price is a continuation of the positive trend the crypto has been in over the last fortnight. As such, the meme coin is in the green by more than 107% over the last 2 weeks and more than 28% up on the monthly time frame. Department Of Government Efficiency Price Forms A Bullish Channel 4-hour chart for DOGE/USD (Source: GeckoTerminal) The Department of Government Efficiency price has printed a series of higher highs and higher lows in the last couple of days, leading to the formation of an ascending channel on the crypto’s 4-hour chart. Recently, the meme coin was able to break out above the positive range but has since corrected back within the channel. Should the Department of Government Efficiency price continue to trade in the positive price channel, the crypto might soon attempt a chall...

Flockerz (FLOCK), one of the hottest meme coins, will go live in less than a week, sparking massive FOMO among investors. The presale has raised over $10 million, and with the market’s strong reaction to the IEO announcement, it could reach $15 million by the end of the week. Today, we’ll explore how this low cap meme coin gained so much attention and what use cases are attracting investors. Flockerz presale hits $10 million – Should you invest now? The excitement around Flockerz is growing as its presale hits over $10 million, with only a few days left. The current price stands at $0.0066883 per token. This is the final chance for investors to buy $FLOCK tokens at presale prices. Joining the presale is easy. Just connect a wallet, and whether using crypto or a bank card, investors can secure their share of $FLOCK. Tokens are also available for purchase through the Best Wallet app, listed in the “Upcoming Tokens” section. For more information on ...

The MEOW price has pumped 36% in the last 24 hours to trade at $0.004327 as of 3:30 a.m. EST on a 34% jump in trading volume to $738k. The surge in price has made MEOW the top trending meme coin on CoinGecko. MEOW Price Spikes Along The Parabolic Curve The chart shows that the price  currently trades  at $0.004320, following a strong upward trajectory along a parabolic curve. This movement suggests accelerating bullish momentum, with the price respecting the curve without significant pullbacks. A key support zone between $0.0022–$0.0025 is highlighted, which served as a consolidation area before the breakout. The previous resistance level, near $0.0035–$0.0037, was decisively broken, triggering the ongoing rally. The 50-period moving average (SMA), currently at $0.00288987, acts as a dynamic support. The price trading well above this level further confirms the strength of the bullish trend. Meanwhile, the parabolic curve outlines the price’s expone...

Gary Gensler’s tenure as chairman of the Securities and Exchange Commission has been controversial, to put it mildly. Looking at more traditional assets, Gensler and the SEC have made significant strides in investor protection, improving market transparency, and executing key reforms in equity and treasury markets. In contrast, his hardline approach to the budding cryptocurrency industry, which many hold to be unjustifiably heavy-handed and litigious, is a common point of criticism.  Many argue that Gensler’s stances have stifled innovation and driven key players in the space overseas. The chairman’s reliance on existing securities laws is another point of contention, with critics claiming that proposing new rules for the emerging sector would have gone a long way in reducing regulatory uncertainty. Picks for you XRP would trade at thi...

The cryptocurrency market reached significant milestones in 2024. With mainstream appeal steadily rising on account of increased accessibility through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) and a favorable political climate, the wider market went into a bull run in the last quarter of the year. However, in the midst of an uptrend, it’s easy to forget the utility side of things. Crypto payments have likewise experienced a noted surge. Per CoinGate‘s crypto payments report 2024 published on January 14, stablecoins have seen the lion’s share of the gains — surpassing even Bitcoin as a method of payment, with Tether (USDT) leading the charge. In addition, the report showcased that BTC was dethroned as the most popular blockchain by the Tron (TRX) network and that 2024 saw a marked increase in the popularity of layer 2 solutions like the Lightning Network. Meanwhile, ETH seems to be losing influence, while Solana (SOL) is on the rise. ...

The cryptocurrency market was rather surprised Monday when the leading cryptocurrency fell below $90,000 in a significant drop. Indeed, it certainly continues what has been a rather unexceptional start to the year. However, things are poised to turn around. With that rebound coming for Bitcoin (BTC), just how high can the asset go when US President-elect Donald Trump takes office? The asset’s performance in the first 13 days of January has underwhelmed many. Indeed, CoinShares researchers recently proclaimed that the “post-US election honeymoon is over.” Yet, with Trump set to relocate to the White House once again, can the leading crypto benefit? Moreover, just how much could it increase from where it is now? JUST IN: Bitcoin falls under $90,000 pic.twitter.com/kvxtomyaCW — Watcher.Guru (@WatcherGuru) January 13, 2025 Also Read: Bitcoin: Department Of Justice Cleared To Sell $6.5 Billion BTC Bitcoin Drops Below $90,000: Can BTC Surge From Trump Effect Once More? 2024 ...

The XRP price dropped 3% in the last 24 hours to trade at $2.47 as of 02:49 a.m. EST on trading volume that surged 78% to $5.6 billion. This comes as Peter Brandt, a veteran who has been in the financial markets since 1975, has publicly apologized and offered an olive branch to XRP holders. In a Jan. 12 X post, Brandt acknowledged that he had been harsh in his past criticism of XRP and its supporters. An Olive Branch to $XRP holders Accept it if you will, reject it if you must, but I offer it with good intent Over the years I have taken some hard shots at you and your $XRP asset. I admit my rudeness. You've now had your chance to return the "favor." I get it. Some of your… pic.twitter.com/KIXdbz4gpJ — Peter Brandt (@PeterLBrandt) January 12, 2025 XRP Price Aims For A Bullish Rally Continuation The XRP price on a daily timeframe showcases a significant upward trend starting in mid-November, characterized by a steep rally.  However, after reaching a local high ...

The Trog price has skyrocketed 66% in the last 24 hours to trade at $0.00004424 as of 8:40 p.m. EST on a 260% pump in trading volume to $2.3 million. Trog Price Retraces Along A Parabolic Curve Line The 4-hour chart of shows a price action marked by a parabolic rally that appears to be losing momentum. The current price sits at $0.00004424, down -8.58%, after being rejected from a key resistance level at around $0.000044. This level acted as a ceiling for the recent rally, which followed a steep parabolic curve. Such moves often indicate explosive growth but are unsustainable over time, leading to corrections. Below the current price lies a major support zone between $0.000018 and $0.000020, which acted as the foundation for the recent surge. If a deeper correction occurs, this area will be crucial for maintaining the overall bullish structure. TROGUSD Analysis Source: Dextools.io The 50-period moving average (SMA), currently at $0.00002635, has been reliable dynamic support dur...

Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern Spot crypto ETFs logged large outflows on Wednesday following the release of the Fed meeting notes Bitcoin’s price has fallen from a high of $102,667 reached on Tuesday, January 7 to $94,890.00 as of publishing, but remains within the last H4 demand zone. BTC/USD Chart by Trading View While the demand zone between $92,000 and $97,000 may be the last support level on the H4 timeframe, a broader market view shows that BTC is in a premium zone on the daily time frame. As a result, a push below $92,000 still puts the price in bullish territory. BTC/USD Chart by TradingView The best technical buy levels would either be at the last break of structure on the daily timeframe or at the 50% Fibonacci level from the lowest point to the break. BTC/USD ...

2024 was a prominent year for the world’s largest cryptocurrency Bitcoin (BTC). The asset managed to move beyond the coveted $100,000 mark. While several other coins in the market followed suit and went on to claim new peaks, Ethereum (ETH) stood on the sidelines. The altcoin failed to reclaim its all-time high of $4,891. Despite this, the optimism and interest in Ethereum did not seem to die as it continued luring in investors. Also Read: Cardano Partners Up With FC Barcelona as ADA Bounces Back Ethereum Outshines Bitcoin Source: Watcher Guru According to recent data from Santiment, the total number of wallets of top cryptocurrencies has witnessed a major uptick. This has reportedly occurred since the beginning of the new year. The firm revealed that Ethereum and XRP holders increased by a notable margin. Since the start of 2025, the total number of ETH wallets stands at 645K. This represents a 0.5% rise since the start of the year. XRP saw a 1% increase in holders since the begi...