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Ethereum News
TronWeekly
1w
106
Image Credit: TronWeekly
Ethereum Supply Hits Near-Decade Low as 360K ETH Leaves Exchanges—Bullish Surge Ahead?
- 360,000 ETH moved out within 48 hours, as noted by analyst Ali Martinez.
- Ethereum's supply on exchanges hits a near-decade low at 8.97M, the lowest since November 2015.
- Analysts predict ETH could surge to $8,000-$10,000 amid supply shock and strong accumulation.
- Ethereum facing challenges against Bitcoin, with weak performance and ETF outflows.
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6 Likes
Crypto-News-Flash
1w
366
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Ethereum’s PoS Move Criticized—Did It Cost the Market $1 Trillion?
- Ethereum's transition to Proof-of-Stake (PoS) is being questioned for its value proposition.
- The shift from Proof-of-Work (PoW) may have cost the network an estimated $1 trillion in value.
- Meltem Demirors, Chief Strategy Officer of CoinShares, believes PoS weakened the Ethereum network and resulted in a missed growth opportunity.
- Concerns have also been raised about Ethereum's economic viability and its long-term appeal as a store of value.
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22 Likes
Newsbtc
1w
268
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Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?
- Investors have withdrawn over 360,000 ETH from centralized exchanges in the last 48 hours.
- This shift is interpreted as a bullish signal, indicating potential higher prices and accumulation.
- Ethereum faces a critical test as it struggles with the $2,000 mark.
- A sustained move above $2,000 could lead to a recovery rally, while a failure could reinforce the bearish trend.
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16 Likes
Crypto-News-Flash
1w
417
Image Credit: Crypto-News-Flash
Ethereum Exchange Supply Hits 10-Year Low—What’s Next for ETH Price?
- The available Ethereum supply on centralized exchanges has fallen to its lowest point since November 2015 with only 8.97 million ETH out there.
- Ethereum owners are increasingly locking their assets in staking protocols rather than leaving them on exchanges, resulting in a 16.4% decrease in ETH's exchange supply.
- Ethereum's price has declined 47% from its December high, attributed to growing competition from Ethereum's own layer-2 networks and declining fee revenue.
- One possible driver for Ethereum's potential rebound could be ETFs that include staking, but institutional demand for spot Ether ETFs remains tepid.
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25 Likes
TheNewsCrypto
1w
289
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Ethereum Exchange Supply Hits 10-Year Low: Can ETH Price Bounce Back?
- Ethereum's exchange supply has reached a 10-year low, reducing selling pressure on ETH.
- ETH price has dropped 47% since December 2024, underperforming its peers.
- Fee revenue and total value locked have declined, but Ethereum ETFs may provide a potential boost.
- Despite the decrease in exchange supply, Ethereum's price has not experienced a significant surge.
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17 Likes
Newsbtc
1w
370
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Ethereum Price Forms Megaphone Bottom Not Seen Since 2020, Here’s What Happened Last Time
- The Ethereum price has formed a megaphone bottom not seen since 2020, indicating a bullish outlook.
- Ethereum is currently on the first week of a rebound after recording three consecutive red weeks.
- Crypto analysts predict that the Ethereum price could test the 1.5 Fibonacci extension at $6,000 and potentially rally to $8,000.
- Bullish fundamentals, including declining exchange reserves and active accumulation by whales, support a potential reversal and new highs for Ethereum.
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22 Likes
TronWeekly
1w
374
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Whale Buys $270M ETH: Can Ethereum Price Rebound Soon?
- A whale purchased 150,000 ETH worth $270 million this week.
- Ethereum's price dropped 4 percent after a 7 percent rally.
- Whale activity suggests growing institutional confidence in ETH.
- Capital flows indicate a shift back toward the Ethereum ecosystem.
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22 Likes
Cryptoticker
1w
93
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Ethereum Price Prediction: Can ETH Reach $7,000?
- Ethereum (ETH) has faced multiple price corrections after reaching an all-time high of $4,878.
- ETH is currently trading around $1,967, in a prolonged downtrend.
- Technical indicators suggest that Ethereum might be nearing a short-term bottom, setting the stage for a potential recovery.
- For ETH to reach $7,000, it would require a major macroeconomic shift or significant fundamental catalysts.
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5 Likes
Coinpedia
1w
38
Image Credit: Coinpedia
US Treasury Withdraws Tornado Cash Sanctions, Maintains Legal Action on Developer
- The US Treasury Department has lifted sanctions from cryptocurrency mixing tool Tornado Cash, previously blacklisted for allegedly aiding North Korea's Lazarus Group in money laundering.
- The decision was made after a federal appeals court ruled that Tornado Cash's smart contracts do not constitute 'property' of any foreign national.
- While Tornado Cash is no longer sanctioned, its developer remains under sanctions, but with adjusted accusations related to cyber activities.
- The value of Tornado Cash cryptocurrency surged by 54% in the past 24 hours following the announcement.
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2 Likes
Medium
1w
170
What is NFT???
- NFTs represent ownership of digital art, in-game assets, music and film content, and digital collectibles.
- NFT market has experienced significant growth with sales increasing from $82 million in 2020 to $17 billion in 2021.
- NFT marketplaces like OpenSea, Rarible, and Binance facilitate buying, selling, and trading NFTs.
- NFTs offer new opportunities for creators and artists, but also face concerns over environmental impact, regulation, ownership, and copyright.
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10 Likes
Medium
1w
157
Image Credit: Medium
How to Deploy a Smart Contract to a Testnet
- To deploy a smart contract to a testnet, you can use tools like Remix IDE.
- In this tutorial, we will be using Remix IDE to deploy a Solidity smart contract on the Ethereum Sepolia testnet.
- You can follow similar steps to deploy to any testnet.
- By deploying a hello world program, you can read and print data from the blockchain.
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9 Likes
Bitcoinsensus
1w
328
Image Credit: Bitcoinsensus
Ethereum Price Prediction: What’s Next for ETH in 2025?
- Ethereum is currently testing crucial demand and supply zones that could dictate the next big move.
- The market is stuck in a range, but key liquidity zones could signal a breakout or a further decline.
- Understanding Ethereum’s market structure could help you stay ahead of the game, but the next move remains uncertain.
- Ethereum's price prediction is challenging, with potential for both downside and upside movements.
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19 Likes
Bitcoinist
1w
38
Image Credit: Bitcoinist
Lazarus Crypto Heist: Bybit CEO Says Nearly 90% Can Still Be Tracked
- Bybit, a popular crypto exchange, lost over $1.4 billion in a recent hacking incident, primarily in Ether.
- The hacking was carried out by North Korea's Lazarus Group, who exploited security flaws in Bybit's cold wallet.
- According to Bybit's CEO, Ben Zhou, approximately 88.87% of the stolen funds can still be traced, while 7.59% have entered the dark web and are untraceable.
- Zhou has reached out to the public for help in tracing the missing funds, while the exchange has received thousands of bounty reports to address the security issues.
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2 Likes
Newsbtc
1w
132
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Crypto Sleuth Claims Mysterious $20M ‘Hyperliquid Whale’ Is Tied To Illicit Activity
- Crypto detective ZachXBT claims that the mysterious 'Hyperliquid whale' is tied to illicit activity
- The trader, known as William Parker, was previously charged with multiple crimes and changed his name
- The whale has made around $20 million in profit from leveraged trading on Hyperliquid and GMX
- ZachXBT connected on-chain dots to identify the trader and revealed their involvement in illicit activity
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7 Likes
TheNewsCrypto
1w
358
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Ethereum Recovers Above $2,000 As New AI Coin Set To Outshine Ripple
- The Ethereum price has crossed $2,000, triggering a bullish trend in the market.
- IntelMarkets (INTL) is a new trading platform with advanced AI trading tools that investors believe will outshine Ripple coin.
- Ethereum price faces resistance at $2.5k and $3k, but analysts predict it could reach $6k this year.
- IntelMarkets (INTL) is a new DeFi project with AI bots for profitable crypto trading, garnering over $11.6 million in funding.
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