#ETHOnTheRise (ETH) remains an important asset in the world of cryptocurrencies due to its unique features. After transitioning to Proof-of-Stake, the network has become more environmentally friendly and attractive to major investors. Furthermore, the reduction in coin issuance enhances the deflationary properties of ETH, making it a profitable tool for storing value. An important driving force behind the growth of ETH is the development of its ecosystem. The platform supports a variety of innovative technologies, including DeFi, NFT, and decentralized applications (dApps). Layer two networks, such as Arbitrum and Optimism, provide scalability by reducing transaction costs and expanding network accessibility to a wider audience. The long-term prospects of Ethereum are linked to its ability to adapt to market changes. Continuous updates and community developer involvement strengthen ETH's position, making it one of the key assets in the digital economy of the future.
#BSCOnTheRise All new and emerging projects on the BNB Chain that show promise deserve attention, as if they benefit the community, it can only be good. New decentralized finance (DeFi) projects should improve
#AIAndGameFiBoom this is a revolutionary merger of artificial intelligence and the gaming industry. Games are becoming smarter, and profits are higher. This new trend in the crypto industry brings players more opportunities? What do you think?
#ThanksgivingBTCMoves The USA is the undisputed leader in the number of scams among cryptocurrency projects. This conclusion was reached by analysts from 5Money and Storible.
The study covered the period from January 2022 to October 2024 and included 1544 companies. For each company, a range of data was collected, including the biographies of the founders.
Analysts considered projects with liquidity of less than $50,000 and a daily trading volume of less than $1,000, whose official accounts on X have been silent for more than three months, and whose websites are unavailable, to be failures.
According to the report, 43% of all fraudulent schemes originated from the USA. China took second place with a rate of 7.55%, and the UK came third with 6.51%.
$BTC On November 29, the total open interest (OI) for Bitcoin futures amounted to ~$61 billion, down from a record ~$64 billion the previous week. This is according to data from Coinglass. Data: Coinglass. Over the past five weeks, the metric has increased by more than half. Bitfinex stated that this does not pose a risk of an imminent market correction, referring to the rise in OI as 'organic'.
In their opinion, the dynamics are based on expectations of future price growth.
#AltcoinMomentum Ethereum developer and co-founder Jeffrey Wilcke sent 20,000 ETH (~$72.5 million) to the Kraken Bitcoin exchange. This was noted by Spot On Chain.
Experts noted that the transaction occurred against the backdrop of the cryptocurrency price growth, as a result of which the rate approached $3,700.
According to their data, this is the fourth sale of large batches of ether by the programmer since the beginning of the year. Their total volume was 44,300 ETH ($148 million) with an average price of $3,342.
$ETH Ethereum (ETH) profitability has risen to levels not seen since June, with 90.8% of ETH holders now in the black, according to IntoTheBlock data. This milestone highlights the favorable position for the majority of investors, leaving only 9.2% of holders in the red. Crucially, this group controls just 2.8% of the total supply, suggesting that any pressure from them is likely to have minimal impact on Ethereum’s price trajectory.
As the platform’s on-chain charts show, all unprofitable Ethereum tokens were purchased in the range of $3,624 to $4,169, with 3.95 million ETH, equivalent to about $14.33 billion, being accumulated by 11.42 million wallets. To absorb this liquidity in this price range, Ethereum would need to make a 33% move higher from its current level.
#MarketBuyOrHold? One of the largest cryptocurrency exchanges, Binance, has announced the launch of BFUSD on Binance Futures. "A margin asset that brings rewards," is designed to provide traders with the opportunity to earn income from holding BFUSD in their futures account or trading based on it.
$BNB Kernel is pleased to announce funding from Binance Labs, solidifying its role as a key infrastructure for re-staking on the BNB Chain. This phase marks a significant step forward in transforming the economic security of BNB into programmable trust, expanding opportunities for decentralized applications, middleware, and the entire crypto ecosystem.