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ETHUSD

Ethereum / US Dollar

Industry

Digital Currency

Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.

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Bitcoin's price remains below $68,000, with experts suggesting a longer bull market cycle. Despite recent gains, volatility and U.S. election concerns may impact investor sentiment. Ethereum shows modest growth, but Bitcoin faces potential bearish pressure.

Portfolio Pulse from Murtuza Merchant

October 25, 2024 | 11:40 am

Solana outperformed Ethereum by 19% over the past week, with Solana's price increasing by 13.65% while Ethereum's price decreased by 4.63%. Despite Ethereum's recent underperformance, analysts remain optimistic about its long-term potential due to its foundational role in L2 networks.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 6:22 am

Bitcoin saw gains amid a Tesla-driven stock rally, while Ethereum and Dogecoin remained muted. Tesla's shares surged 22% following strong earnings, boosting market sentiment. Analysts suggest a bullish outlook for Bitcoin if it closes above $67,900.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 3:06 am

A hacker has reportedly stolen nearly $20 million in cryptocurrencies from U.S. government-linked wallets, including Aave USDC, USD Coin, Tether, and Ethereum. The funds are being laundered through suspicious addresses.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 1:45 am

Fireblocks announced a $1 million grant program to boost the adoption of PayPal's stablecoin, PYUSD. The initiative aims to encourage businesses to develop blockchain-based products using PYUSD, highlighting its potential in DeFi and retail payments. Despite regulatory challenges, PayPal continues to expand PYUSD's reach.

Portfolio Pulse from Murtuza Merchant

October 24, 2024 | 3:54 pm

India is considering banning private cryptocurrencies like Bitcoin and Ethereum in favor of its own central bank digital currency (CBDC), the digital rupee. The government is preparing a discussion paper on crypto regulation, citing risks associated with private cryptocurrencies. The Reserve Bank of India is enthusiastic about the potential of CBDCs for financial inclusion and has been conducting pilot tests since 2022.

Portfolio Pulse from Murtuza Merchant

October 24, 2024 | 2:32 pm

Michael Saylor, founder of MicroStrategy, expressed support for Bitcoin self-custody after facing criticism for previous comments. He emphasized that Bitcoin benefits from all forms of custody and investment. His remarks were criticized by notable figures in the crypto community.

Portfolio Pulse from Aniket Verma

October 24, 2024 | 5:35 am

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a decline alongside stocks as Treasury yields climbed. Bitcoin's dominance increased, and total cryptocurrency liquidations reached $277 million. Analysts see promising signs if Bitcoin stays above $66,200.

Portfolio Pulse from Aniket Verma

October 24, 2024 | 2:45 am

Cryptocurrency markets are experiencing a downturn, with Bitcoin, Ethereum, and Dogecoin seeing significant price corrections. Despite this, traders remain optimistic about a potential bounce, particularly for Bitcoin, which is showing signs of a bullish trend. Notably, Bitcoin's spot ETF saw a $79M outflow after a week of inflows.

Portfolio Pulse from Khyathi Dalal

October 23, 2024 | 9:01 pm

Ethereum's price has dropped by 5% in the last 24 hours, continuing a week-long decline of 6%. Trading volume has decreased by 5% while circulating supply increased by 0.96%. Ethereum's market cap is $299.35 billion, ranking it #2.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 7:00 pm

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