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Cryptocurrency: 2 Coins That President-Elect Donald Trump Is Bullish On 🚀💰
As Donald Trump gears up to take the reins as the 47th President of the United States on January 20, 2025, the economic landscape is bracing for significant changes. Known for his bold stance on various issues, Trump’s pro-cryptocurrency sentiment has become a hot topic in recent months. This shift in policy could potentially herald a golden age for digital assets. Among the many cryptocurrencies, two coins have caught Trump’s attention and are poised for potential price surges. Let’s dive in! 🌟
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1. Ethereum (ETH) 💎
Ethereum, the second-largest cryptocurrency by market cap, has found favor with Trump-backed World Liberty Financial.
Accumulation Alert:
🚨 Data from Etherscan reveals significant ETH accumulation, with $2.5M worth of tokens recently added to World Liberty Financial’s wallet.
Market Projections:
📈 As per CoinCodex, Ethereum’s price could rise by 16.70%, potentially hitting $3,951.70 by January 19, 2025.
Trump’s Take: Trump’s commitment to Ethereum highlights its role as a key player in his pro-crypto agenda.
📊 “Ethereum has shown resilience and is a key asset for anyone bullish on the crypto future,” analysts suggest.
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2. Bitcoin (BTC) 🟠
Bitcoin, the undisputed king of cryptocurrencies, has been central to Trump’s vision of America leading the global crypto space.
Policy Vision: 🇺🇸 Trump plans to retain all Bitcoin held by the U.S. government and is even considering building a national Bitcoin reserve.
Market Projections:
📈 CoinCodex predicts Bitcoin could surge 16.59%, reaching $114,192 by January 19, 2025.
Trump’s Words:
“We want to be the leaders in crypto, not just let others like China take the lead,” he said during a CNBC interview.
📊 With 53% green days in the past month, Bitcoin remains a powerhouse in the crypto world, and Trump’s bullish stance only adds to its momentum.
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The Bigger Picture 🌍
Trump’s pro-crypto policies could usher in a new era of innovation, placing the United States at the forefront of the cryptocurrency revolution. Both Ethereum and Bitcoin are likely to see substantial growth as his administration supports the burgeoning digital economy.
🔗 Stay tuned as we keep an eye on how Trump’s policies reshape the crypto landscape!
---
🚀 Final Thoughts
With January 20, 2025, around the corner, all eyes are on how Trump’s administration will leverage cryptocurrency to redefine economic strategies. Both Ethereum and Bitcoin are not just coins; they are symbo
ls of the future. Will you be riding the wave? 🌊$BTC $ETH
#MarketPullback #Etherem #Btc #cryptonewss
I requested to all people to @Kaia Chain and get Chance to share 1000$
Click 👇
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---
1. Ethereum (ETH) 💎
Ethereum, the second-largest cryptocurrency by market cap, has found favor with Trump-backed World Liberty Financial.
Accumulation Alert:
🚨 Data from Etherscan reveals significant ETH accumulation, with $2.5M worth of tokens recently added to World Liberty Financial’s wallet.
Market Projections:
📈 As per CoinCodex, Ethereum’s price could rise by 16.70%, potentially hitting $3,951.70 by January 19, 2025.
Trump’s Take: Trump’s commitment to Ethereum highlights its role as a key player in his pro-crypto agenda.
📊 “Ethereum has shown resilience and is a key asset for anyone bullish on the crypto future,” analysts suggest.
---
2. Bitcoin (BTC) 🟠
Bitcoin, the undisputed king of cryptocurrencies, has been central to Trump’s vision of America leading the global crypto space.
Policy Vision: 🇺🇸 Trump plans to retain all Bitcoin held by the U.S. government and is even considering building a national Bitcoin reserve.
Market Projections:
📈 CoinCodex predicts Bitcoin could surge 16.59%, reaching $114,192 by January 19, 2025.
Trump’s Words:
“We want to be the leaders in crypto, not just let others like China take the lead,” he said during a CNBC interview.
📊 With 53% green days in the past month, Bitcoin remains a powerhouse in the crypto world, and Trump’s bullish stance only adds to its momentum.
---
The Bigger Picture 🌍
Trump’s pro-crypto policies could usher in a new era of innovation, placing the United States at the forefront of the cryptocurrency revolution. Both Ethereum and Bitcoin are likely to see substantial growth as his administration supports the burgeoning digital economy.
🔗 Stay tuned as we keep an eye on how Trump’s policies reshape the crypto landscape!
---
🚀 Final Thoughts
With January 20, 2025, around the corner, all eyes are on how Trump’s administration will leverage cryptocurrency to redefine economic strategies. Both Ethereum and Bitcoin are not just coins; they are symbo
ls of the future. Will you be riding the wave? 🌊$BTC $ETH
#MarketPullback #Etherem #Btc #cryptonewss
I requested to all people to @Kaia Chain and get Chance to share 1000$
Click 👇
Join
join
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Credit protocol Radiant Capital lost $4.5 million in hack
According to blockchain security company PeckShield, attackers took advantage of a known vulnerability that occurs during the launch of liquidity pools. Radiant Capital has now suspended lending operations in pools on Arbitrum and is conducting an investigation. The hack itself occurred 6 seconds after the launch of a new lending market using the USDC stablecoin.
Radiant developers confirmed that the incident “occurred due to an issue with the recently launched Arbitrum-based USDC market.” After investigating the incident, the project will provide a detailed report. At the same time, the developers emphasized that at the moment the funds of users of all other pools are safe, and full operation of the protocol will resume after the hacking is investigated.
It should be noted that 116 cryptocurrency projects closed last year. Some of them collapsed after hacker attacks.
#BitcoinWorld #BNB🔥 #Solana📈🚀🌐 #etherem #Cardano
$BTC $ETH $SOL
According to blockchain security company PeckShield, attackers took advantage of a known vulnerability that occurs during the launch of liquidity pools. Radiant Capital has now suspended lending operations in pools on Arbitrum and is conducting an investigation. The hack itself occurred 6 seconds after the launch of a new lending market using the USDC stablecoin.
Radiant developers confirmed that the incident “occurred due to an issue with the recently launched Arbitrum-based USDC market.” After investigating the incident, the project will provide a detailed report. At the same time, the developers emphasized that at the moment the funds of users of all other pools are safe, and full operation of the protocol will resume after the hacking is investigated.
It should be noted that 116 cryptocurrency projects closed last year. Some of them collapsed after hacker attacks.
#BitcoinWorld #BNB🔥 #Solana📈🚀🌐 #etherem #Cardano
$BTC $ETH $SOL
This investment opportunity is exclusively for long-term holders..
Coins like Ethereum (ETH), Tron (TRX), Lido (LIDO), Optimism (OP), Arbitrum (ARB), and Uniswap (UNI) are proving their mettle by consistently accumulating significant fees, indicative of their active and practical use in daily transactions. The impressive fee earnings underscore the genuine utility of these coins, setting the stage for substantial growth. As the anticipated bull run of 2024 approaches, the widespread adoption of these coins for everyday purposes is to make a lasting impact.
As the crypto space is overload with influencers hyping up questionable "shit coins," it's imperative to drown out the noise and focus on the fundamentals.
The window of opportunity may be closing, so for those with a long-term vision, the time to act is now before it's too late to ride the wave of these fundamentally strong and useful cryptocurrencies.
#arbitrum #Optimism #uniswap #Tron #etherem
Coins like Ethereum (ETH), Tron (TRX), Lido (LIDO), Optimism (OP), Arbitrum (ARB), and Uniswap (UNI) are proving their mettle by consistently accumulating significant fees, indicative of their active and practical use in daily transactions. The impressive fee earnings underscore the genuine utility of these coins, setting the stage for substantial growth. As the anticipated bull run of 2024 approaches, the widespread adoption of these coins for everyday purposes is to make a lasting impact.
As the crypto space is overload with influencers hyping up questionable "shit coins," it's imperative to drown out the noise and focus on the fundamentals.
The window of opportunity may be closing, so for those with a long-term vision, the time to act is now before it's too late to ride the wave of these fundamentally strong and useful cryptocurrencies.
#arbitrum #Optimism #uniswap #Tron #etherem
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Dencun hard fork may affect Ethereum emission
According to CoinShares researcher Luke Nolan, the upcoming Dencun update on the Ethereum network could affect the supply of ETH. He explained that the hard fork will allow second-level (L2) network transactions to be sent via blobspace, an alternative to the current calldata mechanism. This may lead to a reduction in gas consumption and, accordingly, a reduction in the amount of ETH burned. Currently, all coins used to pay for gas for transactions are burned.
The Block material
Burning is the process of removing a certain number of tokens from circulation, after which they become permanently unavailable. It is carried out with the aim of increasing the exchange rate of an asset or preventing its inflation. It can be done by sending tokens to a wallet without a private key, conducting a hard fork, using special software or, as in the case of Ethereum, algorithms that eliminate transaction fees.
#ETH2024 #Ethereum2024 #Ethereum. #etherium #etherem
$ETH
According to CoinShares researcher Luke Nolan, the upcoming Dencun update on the Ethereum network could affect the supply of ETH. He explained that the hard fork will allow second-level (L2) network transactions to be sent via blobspace, an alternative to the current calldata mechanism. This may lead to a reduction in gas consumption and, accordingly, a reduction in the amount of ETH burned. Currently, all coins used to pay for gas for transactions are burned.
The Block material
Burning is the process of removing a certain number of tokens from circulation, after which they become permanently unavailable. It is carried out with the aim of increasing the exchange rate of an asset or preventing its inflation. It can be done by sending tokens to a wallet without a private key, conducting a hard fork, using special software or, as in the case of Ethereum, algorithms that eliminate transaction fees.
#ETH2024 #Ethereum2024 #Ethereum. #etherium #etherem
$ETH
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Phantom Wallet has announced the addition of support for trading and transferring Bitcoin, Ordinals and BRC-20 tokens.
This new option is in beta testing.
Phantom previously expanded its support to include support for the Ethereum and Polygon blockchains. Wallet developers see cross-chain interoperability as the future of digital asset management.
The Phantom wallet was launched in 2021 and has become popular among users, attracting over 3 million active users.
In early 2022, the wallet raised $109 million in Series B funding led by Paradigm with participation from a16z, Variant, Solana Ventures, and Jump Crypto. #crypto #etherem #Polygon
This new option is in beta testing.
Phantom previously expanded its support to include support for the Ethereum and Polygon blockchains. Wallet developers see cross-chain interoperability as the future of digital asset management.
The Phantom wallet was launched in 2021 and has become popular among users, attracting over 3 million active users.
In early 2022, the wallet raised $109 million in Series B funding led by Paradigm with participation from a16z, Variant, Solana Ventures, and Jump Crypto. #crypto #etherem #Polygon
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TD Cowen: Market Shouldn't Expect Ether ETF Approval Soon
Amid growing market speculation in anticipation of the imminent launch of a spot Ethereum ETF, financial analysts at investment bank TD Cowen said their information suggests it is unlikely that the SEC will begin reviewing applications for approval of the investment vehicle in the first half of 2024.
“The tentative approval deadline for Ether spot ETF applications is May. However, we expect that the regulator will not approve new ETPs for ether and other cryptocurrencies in the near future. We believe that the SEC will want to gain hands-on experience with similar Bitcoin investment vehicles before approving an Ethereum ETP,” commented Jaret Seiberg, head of TD Cowen Washington Research Group.
TD Cowen believes that the SEC will return to the issue of discussing ETFs for airwaves after the US presidential elections, which will take place in November 2024.
#Ethereum! #ETH/USDT #Ethereum2024 #etherem #Ethereum!
$ETH
Amid growing market speculation in anticipation of the imminent launch of a spot Ethereum ETF, financial analysts at investment bank TD Cowen said their information suggests it is unlikely that the SEC will begin reviewing applications for approval of the investment vehicle in the first half of 2024.
“The tentative approval deadline for Ether spot ETF applications is May. However, we expect that the regulator will not approve new ETPs for ether and other cryptocurrencies in the near future. We believe that the SEC will want to gain hands-on experience with similar Bitcoin investment vehicles before approving an Ethereum ETP,” commented Jaret Seiberg, head of TD Cowen Washington Research Group.
TD Cowen believes that the SEC will return to the issue of discussing ETFs for airwaves after the US presidential elections, which will take place in November 2024.
#Ethereum! #ETH/USDT #Ethereum2024 #etherem #Ethereum!
$ETH
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Solana overtook Ethereum in popularity on Google
Since December 20, the Solana network has surpassed the Ethereum blockchain in popularity on Google (NASDAQ:GOOGL), with search query ratings averaging 47/100 and 31/100 worldwide, respectively. Solana is ahead of Ethereum in most regions and countries, including Russia, the USA, Canada and almost all of Europe. Solana rose to the highest level of 100/100 points for the first time in its history on December 24, and on December 26, the rate of the native SOL token jumped to its highest since April last year ($122
#etherem #Solana📈🚀🌐
$ETH $SOL
Since December 20, the Solana network has surpassed the Ethereum blockchain in popularity on Google (NASDAQ:GOOGL), with search query ratings averaging 47/100 and 31/100 worldwide, respectively. Solana is ahead of Ethereum in most regions and countries, including Russia, the USA, Canada and almost all of Europe. Solana rose to the highest level of 100/100 points for the first time in its history on December 24, and on December 26, the rate of the native SOL token jumped to its highest since April last year ($122
#etherem #Solana📈🚀🌐
$ETH $SOL
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ChatGPT predicted the price of Ethereum after the approval of the Bitcoin ETF
The most likely scenario involves an ETH price range of $5,000 to $7,000, levels to which the price will rise due to positive market sentiment.
The most likely scenario for the ETH price range. Source: ChatGPT
In a bullish scenario, the approval of a Bitcoin ETF could generate more institutional interest in cryptocurrencies, which would benefit Ethereum due to its strong market presence.
Positive developments such as advances in Ethereum technology and progress in decentralized finance (DeFi) applications could strengthen the bullish outlook and push the price range from $8,000 to $10,000.
Bullish ETH price range. Source: ChatGPT
#etherem
$ETH
The most likely scenario involves an ETH price range of $5,000 to $7,000, levels to which the price will rise due to positive market sentiment.
The most likely scenario for the ETH price range. Source: ChatGPT
In a bullish scenario, the approval of a Bitcoin ETF could generate more institutional interest in cryptocurrencies, which would benefit Ethereum due to its strong market presence.
Positive developments such as advances in Ethereum technology and progress in decentralized finance (DeFi) applications could strengthen the bullish outlook and push the price range from $8,000 to $10,000.
Bullish ETH price range. Source: ChatGPT
#etherem
$ETH
📈 Prediction 2024-2025:
- $BTC = $ 180.000 💰
- $ETH = $ 10.000 - $ 15.000 💸
- $XRP = $ 1 - $ 1,5 💲
- $ADA= $ 1 - $ 1,5 💳
- $SOL = $ 400 🚀
- $DOGE = $ 1 🐕
- $SHIBA = $ 0,0001 🐶
- $TIA = $ 100 💼
- $BNB = $ 2.000 🌐
- $MATIC = $ 4 - $ 5 🎲
- $MANTA = $ 20 🌊
Share this post and comeback later
🖤 + 🔃 + Follow
#Binance #DEX #BITCOIN #DeFi #etherem
- $BTC = $ 180.000 💰
- $ETH = $ 10.000 - $ 15.000 💸
- $XRP = $ 1 - $ 1,5 💲
- $ADA= $ 1 - $ 1,5 💳
- $SOL = $ 400 🚀
- $DOGE = $ 1 🐕
- $SHIBA = $ 0,0001 🐶
- $TIA = $ 100 💼
- $BNB = $ 2.000 🌐
- $MATIC = $ 4 - $ 5 🎲
- $MANTA = $ 20 🌊
Share this post and comeback later
🖤 + 🔃 + Follow
#Binance #DEX #BITCOIN #DeFi #etherem
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CEO Real Vision predicts ETH's superiority over Bitcoin in 2024.
Former Goldman Sachs (NYSE:GS) executive Raoul Pal predicts that Ethereum (ETH) will surpass Bitcoin (BTC) in 2024.
The current CEO of Real Vision believes that next year, Ethereum paired with Bitcoin (ETH/BTC) could repeat the price pattern of the 2021 bull market.
On the evening of December 23, ETH/BTC was trading at 0.05288 BTC ($2314).
The analyst also believes that more favorable macroeconomic conditions will soon emerge for risk assets such as Ethereum, which will lead to its sharp growth, as it did two years ago.
The analyst is convinced that next year ETH competitor Solana (SOL) will not be able to bypass Ethereum.
On the evening of December 23, SOL/ETH was trading at 0.0419 ETH ($97.01). Year to date, SOL has risen from $9.99, representing an increase of over 871%.
#SOLAN #bitcoin #etherem
Former Goldman Sachs (NYSE:GS) executive Raoul Pal predicts that Ethereum (ETH) will surpass Bitcoin (BTC) in 2024.
The current CEO of Real Vision believes that next year, Ethereum paired with Bitcoin (ETH/BTC) could repeat the price pattern of the 2021 bull market.
On the evening of December 23, ETH/BTC was trading at 0.05288 BTC ($2314).
The analyst also believes that more favorable macroeconomic conditions will soon emerge for risk assets such as Ethereum, which will lead to its sharp growth, as it did two years ago.
The analyst is convinced that next year ETH competitor Solana (SOL) will not be able to bypass Ethereum.
On the evening of December 23, SOL/ETH was trading at 0.0419 ETH ($97.01). Year to date, SOL has risen from $9.99, representing an increase of over 871%.
#SOLAN #bitcoin #etherem
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After studying Ethereum statistics, the analyst promised ETH a 10-fold increase
The host of the YouTube channel Discover Crypto noticed signals that could lead to a 10x growth in Ethereum next year. In a new video, he analyzed the previous price movement of Ethereum, which allowed him to determine the approach of an uptrend.
According to the blogger, Ethereum has overcome long-term horizontal resistance and marked the beginning of the previous bullish cycle. Using the ETH/USD daily chart on TradingView, it showed that the horizontal resistance channel lasted approximately 1029 days. At the same time, the main altcoin quickly rose after the breakout.
The channel host revealed that 130 days after the breakthrough, Ethereum had grown more than fivefold. He compared Ethereum price behavior in 2020 with the current trend and highlighted important similarities that could lead to a similar result.
Taking into account historical patterns, the expert concluded that by approximately September 2024, ether will be trading at around $3,500.
#etherem #ETH2024 #ETHUSD #Ethereum2024 #etherem
$ETH
The host of the YouTube channel Discover Crypto noticed signals that could lead to a 10x growth in Ethereum next year. In a new video, he analyzed the previous price movement of Ethereum, which allowed him to determine the approach of an uptrend.
According to the blogger, Ethereum has overcome long-term horizontal resistance and marked the beginning of the previous bullish cycle. Using the ETH/USD daily chart on TradingView, it showed that the horizontal resistance channel lasted approximately 1029 days. At the same time, the main altcoin quickly rose after the breakout.
The channel host revealed that 130 days after the breakthrough, Ethereum had grown more than fivefold. He compared Ethereum price behavior in 2020 with the current trend and highlighted important similarities that could lead to a similar result.
Taking into account historical patterns, the expert concluded that by approximately September 2024, ether will be trading at around $3,500.
#etherem #ETH2024 #ETHUSD #Ethereum2024 #etherem
$ETH
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Total value locked in Ethereum rises 230% to $100 billion
Ethereum (ETH) has achieved 80% total locked value (TVL) dominance in decentralized finance (DeFi) applications. It is likely that due to this, the native blockchain token is targeting the $3,000 target zone, which threatens a short squeeze.
Over the past 24 hours, the total value locked at the first level of Ethereum has increased by 231% to $100.31 billion. Taking into account this growth, the same figure over the past seven and 30 days has increased by 255% and 283%, respectively.
The total value is locked in the five largest DeFi networks. Source: DefiLlama
Ethereum's total locked value is distributed across 1,004 DeFi protocols.
#etherem #Ethereum! #ETH2024 #Ethereum2024 #ETHUSD
$ETH
Ethereum (ETH) has achieved 80% total locked value (TVL) dominance in decentralized finance (DeFi) applications. It is likely that due to this, the native blockchain token is targeting the $3,000 target zone, which threatens a short squeeze.
Over the past 24 hours, the total value locked at the first level of Ethereum has increased by 231% to $100.31 billion. Taking into account this growth, the same figure over the past seven and 30 days has increased by 255% and 283%, respectively.
The total value is locked in the five largest DeFi networks. Source: DefiLlama
Ethereum's total locked value is distributed across 1,004 DeFi protocols.
#etherem #Ethereum! #ETH2024 #Ethereum2024 #ETHUSD
$ETH
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Ethereum: an error occurred while updating Dencun on the testnet
The Ethereum network team deployed the Dencun hard fork on the Goerli test network. It should implement proposal EIP-4844
Update: today, January 17, the developers of the second cryptocurrency network launched the Dencun hard fork on the Goerli testnet around 6:32 UTC. However, the update could not be completed, Tim Beiko wrote on X (formerly Twitter).
It is assumed that this could happen due to the synchronization of validators. About a fifth of customer operators have not updated their software. It will take several days to fix the problem.
On December 22, the Ethereum team announced that they were going to update Dencun on the Goerli testnet.
What will the blockchain update bring?
The hard fork includes several tools that are designed to reduce fees on the Ethereum blockchain. In addition, they should provide new opportunities for bridges and stabilization funds.
#Ethereum2024 #ETHUSD #Ethereum! #etherem #ETH2024
$ETH
The Ethereum network team deployed the Dencun hard fork on the Goerli test network. It should implement proposal EIP-4844
Update: today, January 17, the developers of the second cryptocurrency network launched the Dencun hard fork on the Goerli testnet around 6:32 UTC. However, the update could not be completed, Tim Beiko wrote on X (formerly Twitter).
It is assumed that this could happen due to the synchronization of validators. About a fifth of customer operators have not updated their software. It will take several days to fix the problem.
On December 22, the Ethereum team announced that they were going to update Dencun on the Goerli testnet.
What will the blockchain update bring?
The hard fork includes several tools that are designed to reduce fees on the Ethereum blockchain. In addition, they should provide new opportunities for bridges and stabilization funds.
#Ethereum2024 #ETHUSD #Ethereum! #etherem #ETH2024
$ETH
See original
The rise of Bitcoin to $48,800 contributed to the rise of a number of tokens by 40-50%
Since the start of trading in spot Bitcoin ETFs, the price of the main cryptocurrency has risen from $45,300 to a daily high of $48,887. Since then, BTC has retreated to the current $46,120.
At the same time, the altcoin market also showed gains, for example, Ethereum Classic (ETC) and Ethereum Name Service (ENS) recorded a 24-hour increase of 48.63% and 39.59%, respectively. Interestingly, the daily ETC trading volume increased to $2.21 billion.
Big gains also came from Sui (SUI), up 28%, Mantle (MNT), up 23.37%, and Blur (BLUR), up 21.56%.
Cardano (ADA) and Avalanche (AVAX) lead the top ten most valuable cryptocurrencies, recording gains of 15.91% and 12.78%, respectively. They were followed by Ethereum with an increase of 11%.
#Cardano #Avalanche #BitcoinWorld #Blur #etherem
$BTC $AVAX $ADA
Since the start of trading in spot Bitcoin ETFs, the price of the main cryptocurrency has risen from $45,300 to a daily high of $48,887. Since then, BTC has retreated to the current $46,120.
At the same time, the altcoin market also showed gains, for example, Ethereum Classic (ETC) and Ethereum Name Service (ENS) recorded a 24-hour increase of 48.63% and 39.59%, respectively. Interestingly, the daily ETC trading volume increased to $2.21 billion.
Big gains also came from Sui (SUI), up 28%, Mantle (MNT), up 23.37%, and Blur (BLUR), up 21.56%.
Cardano (ADA) and Avalanche (AVAX) lead the top ten most valuable cryptocurrencies, recording gains of 15.91% and 12.78%, respectively. They were followed by Ethereum with an increase of 11%.
#Cardano #Avalanche #BitcoinWorld #Blur #etherem
$BTC $AVAX $ADA
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This year, Solana (SOL) is up an impressive 894% against the US dollar, breaking the $100 mark on December 23, 2023. This price level for SOL has been unchallenged since April 2022, and with this rise, the cryptocurrency has overtaken BNB to become the fourth-largest crypto asset by market capitalization.
Currently, the price of SOL is $113 per coin, and its market value is approximately $48.5 billion. The coin's daily fluctuations on Sunday brought it a gain of 17.5%.
SOL/USD December 23, 2023
Over the past month, SOL growth has exceeded 95%, and in the last two weeks alone it amounted to 53%. With 3.26 billion in trading volume, Solana ranks fifth in terms of trading volume this weekend. Today, Tether (USDT) leads the way as the top trading pair for SOL, followed by USD, KRW, BTC, Euro, and the FDUSD stablecoin.
#USDT #etherem #SOLAN #SolanaMillionaire
Currently, the price of SOL is $113 per coin, and its market value is approximately $48.5 billion. The coin's daily fluctuations on Sunday brought it a gain of 17.5%.
SOL/USD December 23, 2023
Over the past month, SOL growth has exceeded 95%, and in the last two weeks alone it amounted to 53%. With 3.26 billion in trading volume, Solana ranks fifth in terms of trading volume this weekend. Today, Tether (USDT) leads the way as the top trading pair for SOL, followed by USD, KRW, BTC, Euro, and the FDUSD stablecoin.
#USDT #etherem #SOLAN #SolanaMillionaire
See original
Celsius bet on the fall of Ethereum by selling coins
Broken lending platform Celsius bet on the price of Ethereum (ETH) to fall by selling a large number of coins.
Over the past week, Celsius has moved more than $125 million worth of ETH onto cryptocurrency exchanges, apparently to offload assets. The company owns another 539,000 Ethereum, which is worth $1.4 billion at current rates, and plans to convert altcoins into fiat currency in the near future to pay compensation to customers.
Most likely, Celsius sold ETH when the price of the coin was fluctuating in the range of $2600-2700 in order to get maximum profit. The MVRV (Market Value to Realized Value) indicator for 30 days, reflecting the ratio of the market and realized value of ETH, is at the level of 13%, signaling a high risk of a dump.
During the bullish rally that started on January 8, the Ethereum rate soared by 25% and reached a record value since May 2022 at $2,718. However, the price of the coin could not stay above this barrier and collapsed by almost 10%. Judging by the chart, ETH may fall in price to the upward trend line, which is currently around $2,455.
Possible change in the Ethereum rate
#Ethereum2024 #ETH/USDT #etherem #ETH2024 #Ethereum!
$ETH
Broken lending platform Celsius bet on the price of Ethereum (ETH) to fall by selling a large number of coins.
Over the past week, Celsius has moved more than $125 million worth of ETH onto cryptocurrency exchanges, apparently to offload assets. The company owns another 539,000 Ethereum, which is worth $1.4 billion at current rates, and plans to convert altcoins into fiat currency in the near future to pay compensation to customers.
Most likely, Celsius sold ETH when the price of the coin was fluctuating in the range of $2600-2700 in order to get maximum profit. The MVRV (Market Value to Realized Value) indicator for 30 days, reflecting the ratio of the market and realized value of ETH, is at the level of 13%, signaling a high risk of a dump.
During the bullish rally that started on January 8, the Ethereum rate soared by 25% and reached a record value since May 2022 at $2,718. However, the price of the coin could not stay above this barrier and collapsed by almost 10%. Judging by the chart, ETH may fall in price to the upward trend line, which is currently around $2,455.
Possible change in the Ethereum rate
#Ethereum2024 #ETH/USDT #etherem #ETH2024 #Ethereum!
$ETH
See original
Vitalik Buterin proposed increasing the gas limit in Ethereum blocks
The Ethereum network has a gas cap per block, which limits the maximum transaction fee in each block and, accordingly, the number of transactions processed per block. Vitalik Buterin believes that the time has come to increase the gas limit in Ethereum blocks again. Now the figure is 30 million gas, and Buterin proposes to increase it to 40 million gas, that is, by 33%.
When the Ethereum network launched, the gas limit per block was only 3 million, but the limit was raised several times. The last increase in the limit took place almost 3 years ago.
Increasing the gas limit will increase the number of transactions in each block and, accordingly, the throughput of the Ethereum network. However, this also increases the load on equipment and data networks.
At the end of last year, Vitalik Buterin proposed several options to simplify the Ethereum consensus algorithm.
#etherem #Ethereum! #Ethereum. #etherem #Ethereum2025
$ETH
The Ethereum network has a gas cap per block, which limits the maximum transaction fee in each block and, accordingly, the number of transactions processed per block. Vitalik Buterin believes that the time has come to increase the gas limit in Ethereum blocks again. Now the figure is 30 million gas, and Buterin proposes to increase it to 40 million gas, that is, by 33%.
When the Ethereum network launched, the gas limit per block was only 3 million, but the limit was raised several times. The last increase in the limit took place almost 3 years ago.
Increasing the gas limit will increase the number of transactions in each block and, accordingly, the throughput of the Ethereum network. However, this also increases the load on equipment and data networks.
At the end of last year, Vitalik Buterin proposed several options to simplify the Ethereum consensus algorithm.
#etherem #Ethereum! #Ethereum. #etherem #Ethereum2025
$ETH