CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (2024)

FAQs

Which crypto will boom in 2024? ›

CoinDesk is the most trusted media, events, indices and data company for the global crypto economy.

Bitcoin, ether (ETH) advanced 2%-3% over the past 24 hours on strong day for cryptos. BTC bottomed last week and should rise further based on daily cycles theory, according to chartist Bob Loukas.

Ethereum Price Summaries

Ethereum's price today is US$2,323.03, with a 24-hour trading volume of $13.43 B. ETH is +1.20% in the last 24 hours. It is currently -6.65% from its 7-day all-time high of $2,488.40, and 7.69% from its 7-day all-time low of $2,157.10. ETH has a circulating supply of 120.33 M ETH.

With potential returns projected at 1000x by 2025, 5thScape is a promising contender in the rapidly evolving crypto landscape.

More commonly known as Ripple, the XRP (CRYPTO: XRP) cryptocurrency seems to be in dire straits nowadays.

Since its creation in 2009, bitcoin remains the most popular and valuable cryptocurrency. Bitcoin was created by a person, or possibly a group, using the pseudonym Satoshi Nakamoto. It's a blockchain-based, decentralized transaction verification system that has revolutionized how we think about digital security.

Despite being up more than 30% this year, Ethereum offers investors serious potential. Ethereum's innovative technology, proven track record, and dominance in DeFi make it a leading blockchain platform. The launch of Ethereum spot ETFs could drive significant price appreciation in the short and long term.

Cryptocurrency payments typically are not reversible.

Once you pay with cryptocurrency, you can usually only get your money back if the person you paid sends it back. Before you buy something with cryptocurrency, know the seller's reputation, by doing some research before you pay.

How do I know which cryptocurrency will go up? ›

Put simply, the price of a given cryptocurrency is determined by how much interest there is in the market to buy (demand) as well as how much is available to buy (supply). If there is a high demand, but low supply, the price goes up. If there is a low demand, but a high supply, the price goes down.

Our most recent Ethereum price forecast indicates that its value will increase by 4.16% and reach $2,385.20 by September 13, 2024.

Ether fell sharply due to a sell-the-news reaction post-ETF launch, erasing nearly two weeks of gains. Significant outflows from Grayscale's Ethereum Trust and other ETFs have added to the decline, showing a shift toward lower-fee alternatives.

Our summary technical rating for Ethereum is sell today. Note that market conditions change all the time — according to our 1 week rating the sell trend is prevailing, and 1 month rating shows the neutral signal.

Solana's ability to handle thousands of transactions per second has made it a go-to choice for developers and projects seeking a fast and efficient blockchain. With its expanding ecosystem and increasing adoption, SOL is poised for continued growth, making it a strong contender for substantial gains by 2026.

The cryptocurrency market is forecasted to reach $6.6 billion in 2024, with an estimated annual growth rate of -2.44%, leading to a projected total of $6.4 billion by 2025.