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Ethereum's native token, Ether (ETH), continues to lose momentum against Bitcoin (BTC), with the ETH/BTC pair hovering around 0.0365 BTC as of October 25, 2021. This is the lowest level since then.ETH/BTC daily price chart. Source: TradingViewThe overwhelming launch of exchange-traded funds and increased competition from smart contract rival Solana reduced traders' appetite for Ethereum in 2024. These factors are likely to continue to put downward pressure on ETH/BTC in the coming months, and technical indicators are also suggesting the same.ETH price could fall by another 15% Ether’s continued price decline is occurring in what appears to be the collapse…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. MicroStrategy's aggressive Bitcoin acquisition strategy significantly contributed to the company's stock reaching all-time highs. As the company continues…

There's always Some factors to consider Before allocating funds to potential companies virtual currency investment. These may include trading chart history, Project roadmap, tokenomics structurefuture market strengthetc. In this article: Top 5 crypto coins to include in your portfolio What we reviewed. Read detailed cryptocurrency analysis and make bold investments for maximum profit. 5 Best Cryptocurrencies to Invest in October 2024 – 100x Return Guaranteed Below is a list of the 5 best cryptocurrencies to invest in October 2024 to maximize profits in the coming months. 5th Scape (5 Scape) Ethereum (ETH) Binance Coin (BNB) Polygon (POL) US Dollar Stablecoin…

According to a report from Whale Alert, a whopping 35,000 Ethereum (ETH) tokens were sent to Bitstamp, the world's oldest cryptocurrency exchange. Digging deeper into the details of the large amount of deposits revealed that in just one transfer, $88.3 million worth of ETH tokens were sent from address “0xee47” to Bitstamp hot wallet “0xf79.” Although the Whale Report identifies the sender as an unknown entity, data from Arkham Intelligence claims that Wisdom Tree may be behind the transfer. related WisdomTree is one of the largest players in the ETF and fund market, both as a sponsor and as an…

The preliminary improvement shows that although the euro area's monetary easing is having an effect, more work is needed on investment to achieve a more meaningful recovery in 2025. Bank lending in the euro area showed some improvement in September, as lending to non-financial corporations increased significantly month-on-month and lending to households continued a cautiously accelerating trend. Still, monthly data of this kind is volatile, and annual growth rates remain very subdued at 1.1% and 0.7% growth for businesses and households, respectively. This is an increasing trend, but only comparable to 2015-2016 levels. Until 2023, bank lending growth was accelerating.…

Cardano has integrated with the Bitcoin ecosystem through Grail Bridge in BitcoinOS, unlocking substantial liquidity of the top digital asset to the DeFi ecosystem.On October 24, BitcoinOS explained that the move expands the reach of Bitcoin and enables decentralized programming on the network.This integration will make Cardano the first layer 1 blockchain to use the BitcoinOS infrastructure, leveraging Bitcoin's massive $1.3 trillion liquidity pool. BitcoinOS has already announced integrations with several other Bitcoin Layer-2 chains, including Merlin and Sovyrn.This partnership aims to address critical gaps in the Bitcoin network by introducing the necessary infrastructure for DeFi activities.Although Bitcoin leads in…

Bitcoin's BTC/USD Prices remain subdued, trading at $67,900 as of Friday morning, up a modest 1.2%. what happened: This was achieved despite reaching nearly $69,000 earlier this week, according to CoinGecko data. The leading cryptocurrency is currently 8% below its all-time high of $73,737. Ethereum ETH/USD It also saw a modest increase of 0.5%, reaching $2,540. But analysts have suggested the market could face new pressures as volatility and concerns about the U.S. election weigh on investor sentiment. Talking with Injective CEO Benzinga Eric Chen He noted that Bitcoin's typical four-year cycle could become longer, potentially resulting in a more…

Recent data from blockchain analysis firm Chainalysis reveals that the UK has the largest crypto economy in Central, Northern and Western Europe (CNWE). The UK rose two places to 12th place on the Chainalysis Global Cryptocurrency Adoption Index, with on-chain crypto value of USD 217 billion from July 2023 to June 2024. At CNWE, merchant services is a growth segment primarily driven by the UK. This sector expanded by 58.4% year-on-year. The region has the world's second-largest cryptocurrency sales and services market after Central, South Asia and Oceania (CSAO). Stablecoins lead the way as the most frequently used asset type,…

TLDR: Ethereum trading in the $2,500 range indicates weakness in Q4 2024 Activity metrics reveal that Solana processes 10x more daily addresses than Ethereum Bitcoin ETF leads with $66 billion in assets under management, Ethereum leads with $7 billion Layer 2 network calls into question Ethereum’s value capture model Market technicals point to a possible test of the $2,300 support level The final quarter of 2024 is putting increasing pressure on Ethereum holders as the cryptocurrency is trading near $2,500, down 5% over the past week. Market data from October 25 reveals ongoing challenges for the blockchain network that pioneered…

A US appeals court has ruled that home insurance does not cover crypto losses, emphasizing that insurance only applies to physical property. On October 24, the Fourth Circuit Court of Appeals found that Lemonade Insurance was correct in denying homeowner Ali Sedagatpour's $170,000 claim for funds lost in a cryptocurrency scam. The ruling follows a lawsuit Sedagatpour first filed after he became a victim of a cryptocurrency investment scam after transferring $170,000 to APYHarvest in December 2021. The entity, later identified by the Central Bank of Ireland as a fraudulent investment company, had provided access to Mr Sedagatpour. He claimed…