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Ethereum News
Blockonomi
3h
171
Image Credit: Blockonomi
Ethereum (ETH) Price: Trading Below $1,600 as Fees Shift to Competing Chains
- Ethereum (ETH) trading around $1,580, down 1% amidst concerns over data availability roadmap hindering value accrual.
- Dencun upgrade in March 2024 improved Ethereum's scalability by 15.95x but led to challenges in accruing value.
- Layer 2 solutions paying low fees for Layer 1 settlement impacts ETH valuation and weakens 'ultrasound money' narrative.
- Ethereum losing market share in fees to competitors like Solana and BNB Chain due to higher throughput at lower fees.
- Potential solutions like based rollups could address Ethereum's scalability and value accrual issues but not a top priority in upcoming upgrades.
- Technical analysis shows ETH testing critical support at $1,450-$1,550 with resistance at $1,688 and key support levels indicated.
- Mixed market sentiment with some analysts expecting a breakout towards $2,000 while others warn of resistance around $2,300.
- Long-term holders selling in $1,550-$1,700 range, while large holders accumulating; caution on rising exchange reserves signaling bearish sentiment.
- ETH down nearly 50% over the past year, lacking substantial gains compared to Bitcoin despite bullish 2024 developments.
- Analysts divided on future price movement, suggesting stabilization in $1,550-$1,600 range or potential rally to $2,000 with caution against not taking profits.
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TronWeekly
7h
112
Image Credit: TronWeekly
Bitcoin Dominates Crypto Market in Q1 2025 as Ethereum and Altcoins Struggle
- Bitcoin dominance reached 59.1% in Q1 2025, marking a significant market shift.
- Ethereum fell 45.3% in Q1 2025, erasing all 2024 gains amid market turmoil.
- Q1 2025 saw $633.5B wiped from total crypto market cap, down 18.6% from January.
- Meme coins and DeFi sector experienced sharp decline in Q1 2025.
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Newsbtc
13h
159
Image Credit: Newsbtc
Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support?
- Ethereum is trading above the $1,500 mark after a week of volatility and global trade uncertainty.
- Ethereum's Cost Basis Distribution reveals key price clusters, with the $1,546 level being the most significant.
- Ethereum's price remains range-bound, with the need to reclaim higher levels to shift sentiment and challenge the downtrend.
- Ethereum faces crucial resistance at the $1,700 level, and a move above $1,820 is needed for a true recovery phase.
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Zycrypto
15h
336
Image Credit: Zycrypto
Fourth-Largest Stablecoin Ethena’s USDe Kicked Out of Germany for not Meeting MiCA Requirements
- Germany's regulatory body, BaFin, has forced Ethena GmbH, the creator of stablecoin USDe, to end operations in the country due to non-compliance with local laws and regulations.
- Ethena changed its name to Ethena Limited and moved its operations to the British Virgin Islands, in an attempt to meet German regulatory requirements.
- BaFin considered Ethena to be an unlicensed securities firm, citing deficiencies in their crypto regulatory procedures and their yield-making process for investors.
- The European Union's regulatory body, MiCAR, requires stablecoins to be fully backed by a reserve and to have regulatory approval.
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Coinpedia
25m
40
Image Credit: Coinpedia
Ethereum Price Climbs, but Analysts Warn of Risks Following Large Inflows
- Ethereum has shown a strong recovery in the past week, with a 8.24% growth on April 9.
- Fresh on-chain data reveals a large influx of ETH to derivatives exchanges, raising concerns of another price drop.
- Over 77,000 ETH were sent to derivative exchanges, the largest daily inflow in March and April.
- Historical patterns show that inflows of this nature have preceded major price drops in the Ethereum market.
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Coindoo
1h
140
Image Credit: Coindoo
Is Ethereum a Good Buy at the Moment as it Nears Realized Price Support?
- Ethereum is approaching its realized price, a key support level.
- Historically, this level has marked the beginning of significant rallies for ETH.
- Investors are accumulating ETH at perceived discounts as the market price nears or dips below the realized price.
- However, caution is still warranted as further downside risk remains.
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8 Likes
Coinjournal
3h
96
Crypto market sheds $633.5B in Q1 2025 as Trump rally momentum fades
- The global cryptocurrency market saw a decline of 18.6% in Q1 2025, resulting in a loss of $633.5 billion in market capitalization.
- Bitcoin's market share increased to 59.1% despite experiencing an 11.8% decline.
- Ethereum lost all of its 2024 gains, primarily due to decreasing DeFi activity and concerns over gas fees and scalability.
- Multichain DeFi platforms and Solana experienced significant drops in total value locked (TVL) with a decline of 27.5% and over 20%, respectively.
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TronWeekly
4h
198
Image Credit: TronWeekly
Ethereum Price Faces Downturn, Testing Key $1,550-$1,600 Support
- Ethereum is testing the crucial support level of $1,550-$1,600, which is critical for recovery.
- Over 1.2 million ETH were bought in the range of $1,450-$1,550.
- Whale purchases of 77,000 ETH worth $125 million indicate mixed market sentiment.
- If Ethereum can hold the support levels and overcome key resistance, a major recovery may follow.
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11 Likes
Crypto-News-Flash
5h
171
Image Credit: Crypto-News-Flash
Crypto News: US Secret Service & Canada Foil $4.3M Ethereum Scam—Funds Recovered
- U.S. and Canadian authorities recover $4.3M in ETH in a major crackdown on approval phishing—highlighting the importance of blockchain security and cross-border cooperation.
- Canada has developed a secure digital asset repository to combat rising crypto crime. In a significant victory against crypto fraud, the U.S. Secret Service and Canadian authorities have dismantled a sophisticated Ethereum phishing operation, recovering $4.3 million in stolen assets.
- The operation specifically targeted Ethereum approval phishing scams, recognizing the prevalence and financial impact of this particular type of fraud within the Ethereum ecosystem. The operation involved collaboration between multiple agencies, including the British Columbia Securities Commission and blockchain analysis firms, highlighting the importance of international cooperation in combating cybercrime.
- Standard Chartered forecasts a potential rise to $14,000 by 2025, driven by factors like increased institutional adoption and the successful implementation of Ethereum 2.0. Despite security challenges, Ethereum’s foundational strengths and ongoing developments position it for substantial growth.
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10 Likes
Coinjournal
5h
134
Panama City joins global move to allow crypto payments in public sector
- Panama City becomes one of the first Latin American capitals to integrate crypto payments in its municipal system, allowing residents to pay for public services using cryptocurrencies such as Bitcoin, Ethereum, USDC, and USDT.
- The integration is made possible through a council-approved proposal and collaboration with banks capable of converting crypto to fiat currency.
- Unlike previous attempts at national-level legislation, Panama City bypasses national legislation by implementing local regulation to embrace digital assets.
- The move reflects a global trend towards government acceptance of crypto payments, with countries like El Salvador and municipalities like Zug already embracing cryptocurrencies.
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8 Likes
Cryptopotato
5h
237
Image Credit: Cryptopotato
Galaxy Digital, Whales, Institutions, Retail Sell Off Ethereum: How Low Can ETH Go?
- The price of Ethereum (ETH) has been struggling, with growing numbers of investors selling off their holdings.
- Major player Galaxy Digital, along with Ethereum whales and smaller investors, have been offloading their ETH holdings.
- Ether recently hit a two-year low of $1,400 but has since recovered to around $1,600.
- If the key support level at $1,528 fails, ETH could potentially drop to $1,100.
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14 Likes
Newsbtc
5h
166
Image Credit: Newsbtc
77K Ethereum Moved to Derivatives—Is Another Price Crash Looming?
- Ethereum's recent recovery trend has shown signs of slowing with a 4% decline in the past 24 hours.
- More than 77,000 ETH were transferred to derivative exchanges, indicating possible hedging activity or short positioning.
- Historical patterns reveal a correlation between significant ETH movements to derivatives markets and price drops.
- Geopolitical tensions, such as trade actions from China, contribute to broader risk-off sentiment in financial markets.
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9 Likes
Coindoo
5h
179
Image Credit: Coindoo
Sharp Drop in Ethereum Activity Pushes Fees to Historic Lows
- The drop reflects a sharp decline in user activity across the Ethereum network.
- With less congestion, users are able to offer lower fees and still have their transactions confirmed in a timely manner.
- For developers and testers, this environment creates ideal conditions to experiment with new applications at minimal cost.
- However, Ethereum's market cap has dropped by 61% over the past four months, causing investors to be more hesitant.
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Coindoo
18h
169
Image Credit: Coindoo
Ethereum Whales Dump $1.8B in ETH as Price Stalls
- Wallets holding between 100,000 and 1 million ETH have sold over 1.19 million ETH in the past three days.
- This indicates a shift in sentiment as Ethereum whales reduce exposure to limit downside.
- The bearish pressure resulting from these sell-offs has pulled Ethereum's price lower, creating a lack of optimism for near-term recovery.
- Whale activities and institutional buyers' demand will impact Ethereum's path forward.
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TronWeekly
18h
62
Image Credit: TronWeekly
Tron Soars with a $1.52B Surge in Stablecoin Supply, While Ethereum Faces $1.02B Decline
- The supply of stablecoin on Tron has increased by over $1.52 billion in the last seven days, while Ethereum has experienced a $1.02 billion decline.
- Tron is becoming one of the top networks for stablecoin movement, with a significant boost in usage and momentum.
- Ethereum is facing a consistent decline in stablecoin volume, losing $1.02 billion in recent months.
- Other blockchains like Hyperliquid, Toncoin, and Arbitrum are benefiting from the movement of Tron supply while some chains are experiencing significant declines.
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