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Ethereum / US Dollar

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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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Cryptocurrency markets are experiencing a downturn, with Ethereum down 7% on the third day of spot Ethereum ETF trading. Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu have all seen significant declines. Notable statistics include a 24.4% drop in large transaction volume and a 826.3% plunge in exchange netflows. Analysts and traders are closely watching Bitcoin's price levels, with some predicting a potential end to the current 'mini-correction.'

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 8:09 pm

Solana (SOL) has seen a 24% monthly gain, outperforming Bitcoin and Ethereum. Analysts predict further price appreciation due to strong total value locked, whale movements, and potential Solana ETFs. Asset manager Franklin Templeton highlighted Solana's major adoption alongside Bitcoin and Ethereum.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 6:02 pm

The Bitcoin Coinbase Premium Index has turned negative, indicating decreased demand from U.S. investors. This shift coincides with a broader market downturn, with Bitcoin and Ethereum experiencing significant price drops. Despite the volatility, some analysts maintain a long-term bullish outlook on Bitcoin.

Portfolio Pulse from Murtuza Merchant

July 25, 2024 | 3:15 pm

Ethereum (ETH) has experienced a significant price drop of 7.65% in the past 24 hours, continuing a week-long negative trend with an 8.0% loss. Trading volume has increased by 62.0% over the past week, and the circulating supply has risen by 0.15%.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 3:00 pm

Ethereum's price has dropped by 9% despite the launch of Ethereum ETFs, sparking debate among traders. Crypto analyst Michaël van de Poppe attributes the stagnant price to substantial outflows from the Grayscale Ethereum Trust (ETHE). He predicts a significant rally in Ethereum's price, suggesting the ecosystem is undervalued. Data shows increased large transaction volume and active addresses, but decreased exchange netflows.

Portfolio Pulse from Khyathi Dalal

July 25, 2024 | 2:16 pm

Bitcoin and Ethereum experienced significant price drops, with Bitcoin falling over 3% and Ethereum plunging below $3,200. The decline was linked to a broader market downturn affecting U.S. technology stocks. Ethereum ETFs saw substantial outflows, while Bitcoin ETFs recorded mixed inflows and outflows.

Portfolio Pulse from Murtuza Merchant

July 25, 2024 | 11:54 am

John Deaton, a pro-cryptocurrency attorney running for Senate against Elizabeth Warren, holds 80% of his net worth in Bitcoin and other cryptocurrencies like Ethereum, Solana, and XRP. His campaign has received significant funding from the pro-cryptocurrency lobby, including $1 million donations from the Winklevoss twins and Ripple.

Portfolio Pulse from Aniket Verma

July 25, 2024 | 11:30 am

Cat-themed meme coin, Cat In A Dogs World (MEW), surged 81% over the past week, outperforming other cryptocurrencies like Dogecoin, Shiba Inu, and Bitcoin. The rally is driven by first-time traders and small retail investors. Solana (SOL) also saw a 7% increase, with growing interest from major investment firms.

Portfolio Pulse from Aniket Verma

July 25, 2024 | 4:09 am

Anthony Scaramucci, former White House Communications Director, expressed support for Vice President Kamala Harris and her potential cryptocurrency policies. He believes Harris will implement favorable regulatory measures for the crypto industry.

Portfolio Pulse from Aniket Verma

July 25, 2024 | 3:27 am

Bitcoin remained stable while Ethereum and Dogecoin fell amid a stock market crash. Ethereum saw significant sell-offs and liquidations, with analysts predicting a potential rise to $4,000 in the next two weeks. The stock market experienced its worst day since 2022, with major declines in Alphabet and Tesla shares.

Portfolio Pulse from Aniket Verma

July 25, 2024 | 2:10 am

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