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Ethereum News
Bitcoinist
2h
69
Image Credit: Bitcoinist
BlackRock’s Ethereum ETF Soars Past 1 Million ETH – Can Price Follow?
- BlackRock's iShares Ethereum Trust ETF has accumulated over one million ETH, reflecting strong institutional demand for Ethereum.
- Institutional interest in Ethereum is on the rise, as evidenced by the continuous net inflows into US spot ETH ETFs.
- Crypto analysts remain optimistic about Ethereum's potential to reach a new all-time high, based on historical price patterns and technical analysis.
- The total crypto market cap has experienced a downturn, but some analysts believe it could serve as a retest of the previous ATH and act as a base for the next upward rally.
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TronWeekly
12h
248
Image Credit: TronWeekly
Ethereum Faces Downturn as Justin Sun Offloads $143 Million in ETH
- Justin Sun sold 50% of his ETH worth $143M, leading to a 17% Ethereum price drop.
- Sun deposited 108,919 ETH ($400M) into HTX, with 42,904 ETH ($139M) unstaking from Lido Finance.
- Ethereum faces resistance at $3,420, risking $3,000 if $3,120 support breaks; $3,500 signals potential recovery.
- Ethereum prices face mounting pressure as Justin Sun intensifies his Ethereum sell-off, leading to bearish sentiment in the crypto market.
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Hackernoon
19h
218
Image Credit: Hackernoon
Bitcoin Enthusiasts Are Letting Altcoins Pass by
- Bitcoin gets the most attention while altcoins gain strong momentum.
- BTC dominance falls below 56% as altcoin season begins.
- Altcoins rally due to influx of new money and profit redistribution.
- Regulatory policy changes and Bitcoin's performance will determine altcoin support.
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Coinpedia
19h
322
Image Credit: Coinpedia
Why Ethereum Is Going Down Today? Justin Sun’s $143M Sell-Off Triggers Panic
- Justin Sun's massive ETH sales (around $400 million) and unstaking activity are significantly impacting Ethereum's price.
- Ethereum's price is under pressure, with a recent 17% drop and bearish sentiment.
- The market is closely watching Justin Sun's moves, and his continued selling could further depress Ethereum's price.
- Investors should stay cautious and keep an eye on key support levels and whale movements as the market remains volatile.
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TheNewsCrypto
21h
11
Image Credit: TheNewsCrypto
Can Ethereum Break the $4,000 Barrier This Holiday Week?
- Ethereum whales accumulate, suggesting a potential market rebound.
- Technical indicators hint at price stabilization and a possible bullish breakout.
- Ethereum's whale activity surged during the downturn, indicating strategic bulk purchases.
- Analysts remain bullish on Ethereum, predicting a potential price rally above $4,500.
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TronWeekly
5h
268
Image Credit: TronWeekly
Is Uniswap’s Unichain the Ultimate Ethereum Layer 2? Major Features Revealed
- Uniswap Labs has confirmed the launch of its Unichain public mainnet by early 2025.
- The phased mainnet rollout strategy ensures stability and security, with infrastructure testing currently underway.
- Unichain will introduce new features and Flashblocks to boost network scalability.
- Uniswap recently achieved $1 trillion in USDC transaction volume, solidifying its position in decentralized finance.
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Newsbtc
5h
69
Image Credit: Newsbtc
Is Ethereum Ready To Break Out? Key Indicators Suggest Strong Market Confidence
- Ethereum (ETH) has positive indicators suggesting strong market confidence despite lagging behind Bitcoin in price action.
- Technical indicators show steady accumulation of Ethereum by traders and long-term holders.
- The Estimated Leverage Ratio for Ethereum remains at elevated levels, indicating sustained appetite for risk.
- Funding rates, premiums, and institutional inflows hint at a bullish trend for Ethereum.
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Bitcoinist
7h
94
Image Credit: Bitcoinist
Crypto Market Sees $1 Billion Outflows—Bitcoin And Select Altcoins Show Resilience
- Crypto market experienced mixed performance with inflows of $308 million and outflows of $1 billion.
- Outflows coincided with a price correction and following the hawkish outlook from the Federal Reserve.
- Bitcoin showed resilience with net inflows of $375 million, indicating investor confidence.
- Altcoins displayed contrasting performances, with Ethereum receiving $51 million in inflows and Solana experiencing outflows of $8.7 million.
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Crypto-News-Flash
8h
233
Image Credit: Crypto-News-Flash
Ethereum Price Analysis: ETF Performance Could Push ETH Through Technical Resistance Levels
- Ethereum (ETH) is predicted to reach $8,000 by 2025, supported by rising performance of ETH ETFs.
- ETH is currently trading below the 100-hourly Simple Moving Average and faces resistance at $3,420.
- ETH ETFs have seen continuous net inflows, with BlackRock's ETHA leading the industry.
- Analysts predict that ETH could hit $6,000 by Q4 2025 and $22,000 by 2030, with potential for a rally above $8,800.
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Cryptoslate
13h
123
Image Credit: Cryptoslate
Market remains resilient with $308M in inflows despite turbulence
- Crypto investment products recorded $308 million in net inflows, marking the eleventh consecutive week of positive movement.
- The market experienced turbulence, with the largest single-day withdrawal of $576 million and nearly $1 billion exiting the market later in the week.
- Bitcoin attracted $375 million in inflows and Ethereum secured $51 million, while other altcoins such as XRP, Horizen, and Polkadot also saw inflows.
- Institutional trends showcased divergent strategies, with BlackRock's iShares ETF attracting over $1.5 billion in inflows, while Grayscale and Fidelity ETFs experienced notable outflows.
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Crypto-News-Flash
14h
247
Image Credit: Crypto-News-Flash
Singularity Finance Partners with Zoth for ZLTN Prime Tokenized Asset
- Singularity Finance and Zoth have partnered to launch Zoth Tokenized Liquid Notes Prime (ZTLN-P), a tokenized asset anchored by U.S. Treasury ETFs and money market funds.
- ZTLN-P combines traditional finance with blockchain, offering institutional investors a low-risk, compliant, and scalable solution in the decentralized finance (DeFi) landscape.
- The partnership between Singularity and Zoth aims to redefine DeFi by integrating real-world assets into secure and transparent blockchain platforms.
- Ethereum plays a crucial role in tokenization, providing the foundation for projects that integrate AI-driven tools with tokenized assets.
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Zycrypto
16h
164
Image Credit: Zycrypto
Ethereum Whales Are Dumping Assets; What’s Going On?
- Ethereum (ETH) is facing sell pressure as crypto prices decline.
- Whales are offloading ETH assets, causing declining sentiments.
- The Federal Reserve's caution for future cuts is impacting the market.
- The ETH price recovery depends on reclaiming the $3,500 resistance.
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Newsbtc
16h
300
Image Credit: Newsbtc
Can Ethereum Break $3,500 Before End Of 2024? Analyst Weighs In
- Ethereum price fluctuations are being closely monitored as 2024 nears its conclusion.
- Key resistance at $3,540 needs to be recovered to show a potential change in the market toward optimism.
- Ethereum whales have accumulated about 340,000 ETH, worth over $1 billion, showing confidence in the altcoin.
- Analysts anticipate positive upward trends for Ethereum in the next week and project a 35% price increase within three months and 100% growth within a year.
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Tokenhell
16h
348
Solana and Ethereum NFT Scammers Charged in $22M Rug Pull Scheme
- Two individuals from California have been charged with orchestrating rug pull scams in the NFT market.
- Gavin Mayo and Gabriel Hay promised investors redeemable NFTs for real-world assets, but instead collected over $22 million and abandoned their projects.
- Rug pulls occur when developers collect money from investors and disappear, leaving investors with worthless tokens.
- If convicted, Mayo and Hay could face up to 20 years in jail for wire fraud.
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Crypto-News-Flash
18h
155
Image Credit: Crypto-News-Flash
How High Can Dogecoin Go if Bitcoin Reaches Gold’s $17.73 Trillion Value?
- Dogecoin (DOGE) is expected to reach $3 if Bitcoin (BTC) reaches a market cap of $17.73 trillion, similar to gold.
- Analysts project DOGE to hit between $10 and $23 after outperforming its previous cycles in 2024.
- Bitcoin and Dogecoin have a 97% correlation in the last 30 days, while Ethereum's correlation is 75%.
- DOGE could potentially hit its $10 mark between February 11 and May 7, 2025, according to analyst Dima James Potts.
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