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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to show its strength in the volatile crypto market. Recent developments such as ETF flows and price analysis paint a picture of digital assets poised for potential growth.Ethereum ETF flows: mixed bagOn October 4, Ethereum ETFs had a total of $7.4 million in net inflows, with BlackRock's ETHA ETF leading the way with $14.7 million in inflows. However, this positive momentum was partially offset by Grayscale's ETHE, which experienced outflows of $8.2 million. Bitwise's ETHW ETF recorded a small inflow of $900,000, while other ETFs remained relatively stable.Interestingly, there was no…

After years of missing out, Coinbase users will finally have access to a major upgrade. In other words, the ability to send Bitcoin. taproot address. Tuesday, Coinbase dealt with This gap allows millions of users to take advantage of Taproot's privacy and cost-saving features and “access more on-chain destinations.”This update addresses long-standing complaints from Coinbase users who have not been able to take full advantage of upgrades since Taproot's launch in November 2021.Prior to this update, many Coinbase users were reporting issues when sending Bitcoin to Taproot addresses, leading to delayed or failed transactions. With the new integration, Coinbase users…

Have you heard of Tether's USDT? It's a stalwart of the cryptocurrency scene. People love it because it is as stable as a rock. Let's take a look at why it's so important and why it's so important to lock and load your USDT wallet for everyday transactions. Market capitalization Tether’s USDT is no small thing. It is the third largest cryptocurrency on the market, with a market capitalization of nearly $120 billion. That's not much of a change! Essentially, it's the go-to digital dollar for traders around the world, whether they're in the busy markets or trading crypto from…

Bitcoin is hovering around the $62,000 support level. A solid close below would signal a decline ahead. Ethereum is facing rejection from the day’s resistance level at $2,461, indicating bearish momentum. Ripple price is approaching a key resistance barrier at $0.554. A rejection from this level signals an upcoming decline. Bitcoin (BTC) is hovering at a key support level, below which a decline could signal a decline, while Ethereum (ETH) and Ripple (XRP) are approaching key resistance levels. A rejection could indicate a transition to bearish momentum. If the Bitcoin price falls below $62,000, it will start a downward trend.…

Cryptocurrency prices are showing mixed movement today, sparking investor speculation around the world. Bitcoin (BTC) price encountered considerable volatility before reaching the $62,000 level, while ETH continued to trend in line with the $2,400 level. At the same time, Solana (SOL) and XRP prices have fallen slightly in the past 24 hours. However, EigenLayer (EIGEN) has emerged as the top gainer on the market today. Meanwhile, the global cryptocurrency market capitalization fell by 0.6% today to $2.17 trillion. Moreover, the total market volume plunged 11.77% over the past day to $69.38 billion. Here we present a brief report on some…

Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Greece's central bank chief said inflation could be on track to meet the European Central Bank's 2% target in the first half of 2025, with policymakers calling for a “very restrictive” 2% target sooner than previously expected. He said there is an increasing need to lower interest rates.Governor Giannis Stournaras said he supported two more quarter-point rate cuts this year after the latest indicators on economic activity and inflation were significantly weaker. The first will be at the ECB's Executive Board meeting in Slovenia…

However, the film's ending was met with much skepticism from the crypto community, including denials from Todd himself. The mystery of who invented Bitcoin has eluded detectives for more than a decade. (Shutterstock) Posted on October 8, 2024 at 10:37 PM ET. In the HBO documentary Money Electric: A History of Bitcoin, Canadian Bitcoin Core developer Peter Todd was identified as the pseudonymous Bitcoin founder Satoshi Nakamoto. The highly anticipated show aired on Tuesday evening ET. As evidence, Emmy-nominated director Karen Hoback pointed to chat log messages in which Todd claims to be “the world's leading expert on how to…

Polymarket investors believe the HBO documentary points to the late American cryptologist Len Sassaman as the founder of Bitcoin.Mr. Sassaman's widow, Meredith L. Patterson, also spoke to DL News about her views.Sassaman is one of a number of candidates, including Nick Sabo, Hal Finney and Adam Bach, who are considered possible Satoshi.The true identity of Bitcoin's pseudonymous creator Satoshi Nakamoto remains one of the biggest mysteries in the financial world.The debate has been reignited after US network HBO launched a new effort to solve the mystery. A new documentary titled “Money Electric: The Bitcoin Mystery” will air on Tuesday. Since…

Major cryptocurrencies remained flat on Tuesday. Ethereum Sentiment increased due to the fall in crude oil prices, resulting in a slight increase. cryptocurrencyGain +/-Prices (recorded at 9:45 p.m. EDT)Bitcoin BTC/USD-0.28%$$62,418.83Ethereum ETH/USD +1.23%$2,463.51dogecoin doge/usd -0.60%$0.1087 what happened: Bitcoin It soared above $63,000 when the market opened, but that rise quickly reversed and the apex cryptocurrency teetered in the low $62,000 zone. Ethereum traded sideways for most of the day before an overnight rally pushed it up to $2,470. Total crypto liquidations in the past 24 hours amounted to nearly $140 million, with long-term liquidations accounting for over 60% of the total.…

DogWifHat crypto token has risen over 20% in the past 24 hours. The popular Solana-based meme coin has struggled to catch a break since crashing from its all-time high of $4.7, but it appears to have reversed its downward trend, at least in the short term.While DogWifHat bulls were celebrating and taking profits, the Infinaeon team was distributing more information about the increasingly talked about Infinaeon presale. Infinaeon, Ethereum's Layer 2 scaling solution, is gaining attention for its unique approach to addressing network congestion and high gas fees. A project's pre-sale provides early investors with the opportunity to acquire tokens…