Global #Ethereum

The cryptocurrency market has experienced a notable dip over the past 24 hours, with the total market capitalization falling by 1.95% to $2.10 trillion.

BlackRock’s iShares Ethereum Trust (ETHA) has made a notable achievement in the ETF market, becoming the first US spot Ethereum exchange-traded fund (ETF) to surpass $1 billion in net inflows.

Status, an Ethereum-based decentralized messaging platform, has announced a strategic partnership with Linea, a zkEVM Layer 2 blockchain supported by ConsenSys.

In the past 24 hours, the cryptocurrency market has surged by 3.14%, climbing from $2.075 trillion to $2.14 trillion. This notable increase is led by a significant 4.98% rise in Bitcoin's price, which has successfully reclaimed the $61,000 level.

Amidst ongoing market volatility, Solana (SOL) stands out for its relative stability, leading crypto experts to draw comparisons with Ethereum’s past performance. Analysts are optimistic about Solana’s potential to mirror Ethereum's impressive rise, with some forecasting a target of $1,000.

Ethereum (ETH) has shown notable performance recently, starting a significant increase from the $2,650 support zone. The cryptoccurency managed to outperform Bitcoin, surging past the $2,720 resistance level.

In a striking move, Tether Treasury has minted $1 billion USDT on Ethereum and transferred $183.2 million USDT to Cumberland for exchange deposits over the past 13 hours, as reported by SpotOnChain on X.

Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, has recently provided insights into the potential onset of the next "altcoin season" (altseason).

In the past 24 hours, the cryptocurrency market has experienced a notable uptick, with its total valuation rising by 2.49%, from $2.09 trillion to $2.14 trillion. This positive shift comes amidst a decrease in trading volume, which has dropped by 23.72% to $63.94 billion.

Vitalik Buterin stands as a towering figure in the cryptocurrency world, often referred to as a "crypto aristocrat" for his elite status and groundbreaking contributions. As the co-founder of Ethereum, Buterin has revolutionized the way people think about decentralized applications and blockchain technology.

Ethereum (ETH) has seen a dramatic drop in gas fees, reaching a multi-year low of 0.82 Gwei as of August 11. This significant decline in transaction fees highlights a period of reduced activity on the Ethereum network, coinciding with a broader downturn in the cryptocurrency’s price.

In early trading hours, Bitcoin (BTC) surged above $60,000 before experiencing volatile swings within the $58,500 to $59,700 range. This fluctuation coincided with Marathon Digital Holdings Inc.'s announcement of a $250 million debt offering to acquire more Bitcoin, which significantly impacted market sentiment.