Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

New data from market intelligence platform Santiment finds that more than 33% of Ethereum’s (ETH) overall supply is now being staked. In a new thread on the social media platform X, Santiment says that over 47 million Ether – worth about $147 billion at time of writing – are now being staked on a prominent ETH staking platform, a figure 3x higher than two years ago.

More Than a Third of Ethereum Supply Worth Over $147,000,000,000 Now Staked, According to Santiment

The Motley Fool

Year to date, both Solana and Toncoin have outperformed Bitcoin. Could the best be yet to come?

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

Crypto analyst CrediBULL Crypto provided a market analysis on Pepe (PEPE), Ethereum (ETH), and XRP. Based on his analysis, PEPE could hit a new high soon enough, seeing how it has ranged since hitting a new all-time high (ATH) in May. A Price Rally For PEPE On The Horizon. CrediBULL...

Crypto Analyst Releases Outlook For PEPE, Ethereum, And XRP, Here Are The Targets

The negative sentiment around Ethereum appears to be significant as evidenced by current data which shows that the ETH network is exhibiting a noticeable decrease in activity, with its number of transactions falling to its lowest level in the past 5 months. This drastic decline coincides with a larger downswing in the cryptocurrency market, marked by a reduction in investors’ interest and trading activity.

Ethereum Network Activity Crashes, Transaction Volume Down To A Five-Month Low

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Crucial Warning Issued to XRP Community in Wake of This Ripple Announcement

Ancient Ethereum Whale Reawakens With 806,351% Profits: Details

XRP experienced a commendable resurgence over the weekend, following a tumultuous period for major crypto assets. As of Sunday evening, XRP was trading at $0.592, reflecting a 2.155% increase over the past 24 hours and a 24% surge over the past week. This resurgence has captivated investors, with many speculating that XRP might be preparing for a massive bullish run.

Ripple Lawsuit: Pundit Predicts Historic 60,000% Surge For XRP Price as Settlement Looms

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Ripple described the limited launch of its much-hyped stablecoin product as a "significant milestone" San Francisco-based enterprise crypto company Ripple has launched its much-hyped stablecoin in private beta, according to a Friday announcement. The Ripple USD (RLUSD) stablecoin will be available for beta testing on both XRPL and Ethereum. During...

Ripple Starts Testing New Stablecoin

Crypto headlines are showing nothing but green as 3 tokens charge ahead of the pack. Dogecoin (DOGE) reignites momentum toward $1 on a Musk shoutout, Rollblock (RBLK) has 2024 estimates increased to 100x growth on a blowout in GambleFi, and Ripple (XRP) is now on track to 3x after a favorable ruling.

Dogecoin (DOGE) Ascent To $1, Indicators Point To A 100X Increase In Cutting-Edge Eth Based Utility Token, Ripple (XRP) Triple: Green On All Charts.

Grayscale's Ethereum ETF experienced its lowest daily outflow. Despite mixed performance, the nine ETFs collectively saw net inflows of $98 million on Tuesday.

Grayscale Ethereum ETF outflows hit record low of nearly $40 million

Following the launch of Spot Bitcoin ETFs, Bitcoin (BTC) experienced a dramatic price surge to new all time highs. This begs the question of whether the potential launch of an XRP ETF could drive the price of the cryptocurrency to a $20 all time high. Ripple Settlement Could Spark An...

Will The Launch Of An XRP ETF Send The Price To $20?

Crypto asset manager Grayscale Investments announced the launch of two crypto investment trusts, adding Bittensor and Sui to its product suite. On Aug. 7, the crypto investment provider said that its Grayscale Bittensor Trust product will focus on investing in TAO (TAO), the native token of the Bittensor protocol. The project uses tokens to provide incentives to develop open-source artificial intelligence.

Grayscale introduces Bittensor and Sui trust products

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

After a significant downturn in the cryptocurrency market, Bitcoin has seen a sharp decline, breaking through the key support level of its previous major swing low of $53K. This price movement indicates a possible shift towards a bearish market structure. Technical Analysis. By Shayan. The Daily Chart. A detailed examination...

Bitcoin Price Analysis: 2 Targets for BTC Following the Crash Below $50K and Subsequent Bounce

The cryptocurrency market is experiencing a resurgence of bullish sentiment, with Cardano (ADA), Solana (SOL), and Algotech (ALGT) leading the charge. After a prolonged period of consolidation and correction, these digital assets have ignited a fresh wave of optimism among investors, as their prices surge to new heights. Let’s dive into the details!

Bullish Breakout: Crypto Investors Rejoice as Cardano (ADA), Solana (SOL), and Algotech (ALGT) Soar

A widely followed crypto analyst says that one rival of global payments network Stellar (XLM) is primed to skyrocket against Bitcoin (BTC). In a new strategy session, pseudonymous crypto trader Kaleo tells his 643,500 followers on the social media platform X that XRP, the native token of the XRP Ledger, is on the cusp of a breakout against BTC as its legal battle against a prominent US regulator has come to an end.

Trader Says Stellar (XLM) Rival Primed To Surge Against Bitcoin, Outlines Path Forward for Dogecoin and Ethereum

CNBC's MacKenzie Sigalos reports on the latest moves in the crypto market.

Bitcoin bounces back

The Federal Reserve Bank of New York has released a report on the effect of sanctions on Tornado Cash, the crypto mixer blocklisted by the United States Treasury Department in 2022. Sanctions work, by and large, even in decentralized finance, the report concluded. The report’s findings also apply to Ethereum....

Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed

NewsBreak

Solana hits new all-time high against Ethereum, but is $200 SOL price within reach?

Solana’s (SOL) price hit a new all-time high against Ether (ETH) on Aug. 7, and traders are eyeing a potential breakout to $200, a level not...

Solana hits new all-time high against Ethereum, but is $200 SOL price within reach?

Comments / 0