Ethereum falls to 42-month lows versus Bitcoin — Is the bottom close?

October 25, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.

The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months. "A historical transition is on the horizon as we prepare to migrate our flagship collection, OCM Genesis, from Ethereum to Bitcoin,” Metagood co-founder and CEO Danny Yang

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Watch these Bitcoin price levels next as $52K supertrend risks failure

Bitcoin is challenging multimonth lows and now risks violating support, which has sustained the entire BTC price bull run.

Bitcoin analyst who called 2018 bottom warns ‘bad winter’ may see $10K BTC

Bitcoin (BTC) could dive another 50% from current levels if the upcoming winter proves a major test for Europe.That was the conclusion of a veteran crypto market analyst this week, with BTC/USD failing to reclaim $20,000 support.In an interview with Cointelegraph, Filbfilb, creator of trading suite Decentrader, forecast a potential BTC price bottom coming in…

Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K

A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021.Dubbed "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether an…

ECB officials prepare for ‘harmonization’ of crypto regulations: Report

Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation. 208 Total views 2 Total shares The European Central Bank, or ECB, will reportedly be preparing to implement a new law by warning European Union member states about the necessity of harmonizing regulations…

Chip Manufacturer Cuts Revenue Forecast Due to Weak Demand for Crypto Miners, Again

Taiwan Semiconductor Manufacturing Co. (TSMC), a leading producer of microchips, has decreased its annual revenue and capital expenditure estimates following growth rate reduction in the smartphone and cryptocurrency mining fields, Business Times reported July 19. TSMC produces chips for tech giants like Nvidia Corp., Apple Inc., and Qualcomm Inc. TSMC cut its revenue growth forecast…

Crypto asset manager Valkyrie amends spot Bitcoin ETF filing

With the latest spot BTC ETF amendments by Valkyrie and VanEck joining at least six others to make similar changes, five other spot Bitcoin ETF filings are yet to be amended. 423 Total views 2 Total shares Digital asset manager Valkyrie Investments is the latest firm to amend its spot Bitcoin (BTC) exchange-traded fund (ETF)

Blockchains Still Lack Interoperability for Enterprise Use, WEF Says

Over the past few years, Blockchain technology integration has increased within a wide number of industries. As such, there are now hundreds of diverse blockchain networks in operation all over the world. For the most part, however, most of these Blockchains are not able to communicate with each other in a way that provides efficient…

Andreessen Horowitz Report: Crypto Not as Chaotic as it Appears

Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. 2279 Total views 58 Total shares Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future.The United…

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