Trader Michaël van de Poppe Says Ethereum-Based Altcoin on Cusp of ‘Big Breakout,’ Updates Outlook on Bitcoin

November 15, 2024 The Daily Hodl

Altcoins

A closely followed crypto analyst says that one Ethereum (ETH)-based altcoin is ready to skyrocket while updating his outlook on Bitcoin (BTC). In a new strategy session, crypto trader Michaël van de Poppe tells his 732,000 followers on the social media platform X that decentralized credit marketplace Clearpool (CPOOL) is gearing up for a massive […]

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Bitcoin To Hit New All-Time High With Ease, Predicts Glassnode Co-Founders – Here’s Why

November 15, 2024 The Daily Hodl

Bitcoin

The founders of analytics firm Glassnode are predicting that Bitcoin (BTC) will soon print fresh all-time highs for one key reason. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that Bitcoin may surge if the US Dollar Index (DXY) starts to decline […]

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Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

November 15, 2024 The Daily Hodl

Altcoins

A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price […]

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Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform

November 15, 2024 Coin Telegraph

Coin Telegraph

Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin.

The founder of Ethereum software solutions provider Consensys, Joseph Lubin, announced the launch of a new project called Network State where people can declare their “personal sovereignty.”

“We’re on the verge of a paradigm shift that will be heard around the world,” said the Ethereum co-founder in a post on X unveiling the new platform on Nov. 14.

Lubin said Consensys is “on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy.”

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Trump trade over? Bitcoin, Ethereum ETFs see first outflow since election

November 15, 2024 Coin Telegraph

Bitcoin

Spot crypto ETFs in the US saw outflows for the first time since Donald Trump was elected president, as both Bitcoin and Ethereum fell on the day.

United States-based spot Bitcoin and Ethereum exchange-traded funds (ETFs) bled on Thursday, ending a run of inflows since Donald Trump was elected president on Nov. 5.

Farside Investors shows the 11 Bitcoin ETFs together posted a net outflow of $400.7 million on Nov. 14 as Bitcoin (BTC) saw a drop on the day and was down 2% over the last 24 hours at $88,200.

The only two funds to see positive flows were BlackRock’s iShares Bitcoin Trust ETF, which had $126.5 million worth of net inflows alongside a minor $2.5 million flow into the VanEck Bitcoin ETF.

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Consensys decentralized Infura launches as EigenLayer AVS

November 15, 2024 Coin Telegraph

Coin Telegraph

The decentralized Web3 marketplace will leverage EigenLayer’s infrastructure to improve accessibility and reduce development costs.

Consensys Ethereum validator node provider Infura said it’s made significant progress in its Decentralized Infrastructure Network (DIN), announcing plans to launch as an Actively Validated Service (AVS) on Ethereum restaking platform EigenLayer.

“By leaning on Ethereum’s economic security through EigenLayer, we continue to build on DIN’s steady progress creating a Web3 permissionless marketplace for infrastructure services,” said head of product for Infura DIN, Tom Hay, in an announcement made at Devcon 2024 in Bangkok on Nov. 14.

DIN is a decentralized Web3 API marketplace, or decentralized “app store” for blockchain infrastructure, which provides a new way for developers to connect to Ethereum and other leading blockchains. It currently operates across multiple networks, including Blast, Mantle, Starknet, ZKsync, BNB Smart Chain and Scroll.

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China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko

November 15, 2024 Coin Telegraph

Blockchain

Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.

At the height of the COVID-19 pandemic, China plunged its economic capital, Shanghai, into a two-month lockdown in an attempt to outlast the virus — but it also wanted to eradicate any dissent regarding its zero-COVID policies, sparking one of Ethereum’s so-called “based rollups.”

“I lived in my apartment in the Shanghai COVID shutdown. I lived in my small apartment for almost three months without going out once,” Daniel Wang, co-founder and CEO of Taiko Labs — creator of the Ethereum layer 2 based rollup Taiko — told Cointelegraph at DevCon in Bangkok.

“I felt like I wanted to say things in China, but it’s not allowed. So my first idea is to build a decentralized publishing network,” he said.

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Franklin Templeton’s money market fund can now be traded on Ethereum

November 14, 2024 The Crypto Briefing

Crypto Briefing

Franklin Templetons $410M money market fund is now available on Ethereum, with Ethereum capturing 71% of tokenized treasury AUM.

The post Franklin Templeton’s money market fund can now be traded on Ethereum appeared first on Crypto Briefing.

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Ethereum (ETH) Should Accelerate From Here, According to Macro Guru Raoul Pal – Here’s Why

November 14, 2024 The Daily Hodl

Daily Hodl

Former Goldman Sachs executive Raoul Pal thinks Ethereum (ETH) is primed for big gains. In a new YouTube video, Pal tells his 143,000 subscribers that ETH’s current chart is playing out similarly to Bitcoin’s between 2011 and 2019. “Ethereum now versus the previous periods is following the last in Bitcoin. Now whether it gets to […]

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3 reasons why Ethereum price is headed toward $4K

November 12, 2024 Coin Telegraph

3 reasons why Ethereum price is headed toward K

Coin Telegraph

Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.

Increasing excitement over a crypto-friendly business environment in the United States following Donald Trump’s presidential election win caused the price of Ether (ETH) to jump over 37% over the last seven days to trade at highs not seen since July 24.

ETH/USD daily chart. Source: TradingView

At the time of writing, Ether is trading at $3,392 with increasing demand through spot Ethereum ETFs, and onchain metrics suggest that the altcoins uptrend remains intact.

Ethereum

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