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Ethereum News
Crypto-News-Flash
1w
362
Image Credit: Crypto-News-Flash
Is Ethereum’s $4,000 Target Still in Play After Q2 Gains and Growing ETH Staking?
- Ethereum saw a strong comeback in Q2, surging 33.47% and aiming to reach $4,000, currently trading above $2,000.
- Ethereum's transition to a proof-of-stake network has driven renewed interest, with over 35 million ETH being staked.
- Concerns arise as major players like Lido, Binance, and Coinbase control nearly 40% of Ethereum's staked supply, potentially leading to governance risks.
- Ethereum's increasing on-chain activity, surging derivatives market, and Vitalik Buterin's focus on decentralized identity suggest a bullish outlook for Ethereum's potential breakout in the upcoming months.
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Zycrypto
1w
25
Image Credit: Zycrypto
Ether ICO-Era Whale Reawakens After 10 Years, Raking In Astonishing 787,000% Profit
- An Ethereum user who participated in the genesis ICO 10 years ago suddenly transferred 1 ETH from a dormant wallet, reaping a profit of 787,000%.
- The user turned a $310 investment into $2.44 million as ETH currently trades at $2,459, marking the end of a decade-long slumber for the whale.
- Such transactions by early adopters can impact market sentiment, with speculation that the whale's transfer may signal preparation to sell holdings.
- Another whale also moved $12 million worth of Ether to the Kraken exchange recently, while predictions suggest Solana's SOL could surpass ETH in market cap.
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Bitcoinsensus
1w
92
Image Credit: Bitcoinsensus
Ethereum Price Prediction: Is ETH About to Break Out?
- Eth is currently accumulating liquidity both above and below, signaling indecision before a potential breakout.
- The supply zone with imbalance has already taken liquidity once, making it a crucial area to monitor.
- Preparing both bullish and bearish scenarios can help in trading the unfolding events rather than predicting outcomes.
- ETH is in a phase of accumulating liquidity, with significant zones to watch for potential price reactions.
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Cryptopotato
1w
337
Image Credit: Cryptopotato
This Trader Was Liquidated 8 Times in a Week, Losing Millions
- A trader operating as 'qwatio' faced significant losses, with 8,000 ETH and 280 BTC partially liquidated in a week, totaling millions of dollars.
- The trader's high-risk, high-leverage positions on Hyperliquid led to substantial profits but also liquidations, prompting the platform to cap ETH leverage at x25 to prevent further losses.
- Despite recovering from previous losses and making significant profits in different wallets, the trader faced a series of six liquidations within days, resulting in a total loss of around $10 million.
- This trader's risky trading behavior mirrors that of another high-stakes player, James Wynn, who also experienced substantial gains followed by significant losses in a short period.
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Crypto-News-Flash
1w
160
Image Credit: Crypto-News-Flash
Crypto Investment Hits $2.7B with 11-Week Inflow Streak
- Crypto investment products have seen continuous inflows for 11 weeks, reaching $2.7 billion in the last week alone.
- Majority of the inflows into crypto assets are from large institutions, particularly in the United States.
- Bitcoin received over 83% of the total inflow, signaling strong institutional demand, but analysts are cautious due to decreasing apparent demand.
- Bitcoin ETF inflows surpass gold ETF inflows, indicating increasing institutional interest in crypto as a major asset class.
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Coindoo
1w
244
Image Credit: Coindoo
Trader Loses $12.5M in a Week While High-Stakes Crypto Bets Backfire
- A trader faced significant losses of $12.5 million over a week due to multiple liquidations on high-stakes crypto bets.
- The trader's losses were incurred through liquidations on leveraged positions in Ethereum and Bitcoin, with new liquidation levels set dangerously close to current prices.
- Another trader, James Wynn, engaged in a 40x short on Bitcoin but reversed to a long position when Bitcoin prices dropped. Wynn has a history of high-risk trades with substantial losses.
- While some traders faced losses, an unknown trader managed to turn an initial $6,800 investment into $1.5 million by providing liquidity on a major exchange, showcasing the volatility and potential gains in the crypto market.
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TronWeekly
1w
116
Image Credit: TronWeekly
Ethereum Breakout Imminent as 10-Year Dormant Whale Moves $2.4 Million in ETH
- An Ethereum ICO-era wallet reactivates after 10 years, moving 1 ETH and revealing a $2.4M gain from a $310 investment.
- Another dormant whale transferred $12.1M in ETH to Kraken, sparking concerns over possible sell pressure.
- Standard Chartered cuts its 2025 price target for ETH to $4,000, highlighting Ethereum's lag behind Bitcoin.
- Ethereum's recent price movements and whale activities indicate a potential breakout, with accumulating holders showing confidence despite market challenges.
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Bitcoinist
1w
321
Image Credit: Bitcoinist
Ethereum Builds Strength Against Bitcoin: Breakout Prediction Above 0.02 BTC
- Ethereum has shown signs of strength against Bitcoin since April, with inflows into spot Ethereum ETFs in the US driving its performance.
- Analyst Michaël van de Poppe predicts a breakout for Ethereum against Bitcoin if it surpasses the crucial 0.02325 level on the ETH/BTC pair.
- The ETH/BTC pair has been forming higher lows, indicating potential for a breakout, with Ethereum trading at $2,440 and aiming to retest $2,500.
- Although Ethereum's momentum is currently in favor, the breakout is not confirmed until it breaches the critical 0.02325 level, which could lead to a new phase of ETH outperformance in the market.
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TronWeekly
1w
271
Image Credit: TronWeekly
Ethereum (ETH) Poised for a Massive Rally After 4 Years of Consolidation: Analyst
- An analyst suggests Ethereum may be on the cusp of a significant rally after four years of quiet accumulation.
- Ethereum trading above $2,400 could indicate the beginning of a major bullish cycle.
- Merlijn's analysis points to a potential massive breakout in Ethereum's next move.
- Traders are anticipating a strong upward rally in Ethereum as signs of the end of a consolidation period emerge.
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Livebitcoinnews
1w
67
Image Credit: Livebitcoinnews
SEC Clears Path for Ethereum, Solana Staking ETFs
- SEC has approved new crypto ETFs that include staking, potentially boosting trust and attracting institutional investors.
- REX-Osprey SOL+Staking ETF plans to introduce Solana staking to mainstream funds.
- Grayscale and other major firms are following suit, pointing towards broader adoption of staking ETFs.
- The SEC's decision may lead to increased activity on Ethereum and Solana blockchains, with more investments flowing in for staking rewards.
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Crypto-News-Flash
1w
25
Image Credit: Crypto-News-Flash
Ethereum’s Vitalik Buterin Proposes Pluralistic Digital IDs to Defend Online Privacy
- Ethereum co-founder Vitalik Buterin has proposed pluralistic identity systems to protect online privacy and support inclusivity.
- Buterin warned against strictly enforcing a one-identity-per-person rule, stating it could lead to coercion and undermine pseudonymity.
- He emphasized the flexibility of pluralistic identities to prevent a singular, trackable identity that increases vulnerability to surveillance.
- Buterin advocated for a mix of social-graph-based verification and multiple ID providers to ensure error tolerance and inclusivity for all individuals.
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Bitcoinsensus
1w
4
Image Credit: Bitcoinsensus
Buterin Warns of Risks to Pseudonymity
- Vitalik Buterin warns of risks to pseudonymity and potential coercion with digital IDs using zero-knowledge proofs (ZK).
- He criticizes the 'one ID per person' model for compromising pseudonymity and enabling pressure to disclose private keys.
- Buterin proposes a solution based on identity from social graphs and decentralized sources for a balance between privacy and scalability.
- He suggests a pluralistic identity model where obtaining multiple IDs grows quadratically in cost, providing scalability, pseudonymity, and resilience.
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TechBullion
1w
415
Image Credit: TechBullion
The 4 Best Cryptos to Watch This Month: ETH, ADA, Angry Pepe Fork (APORK) & Pi Network on Whale Radar
- Major Ethereum holders added over $3.8 billion worth of ETH in June, marking the largest accumulation since 2017.
- Pi Network whales now control nearly 300 million tokens, with expectations of a breakout once exchange listings go live.
- Whale interest in meme coins like Angry Pepe Fork (APORK) is growing, drawing attention due to early staking rewards and deflationary design.
- Top cryptocurrencies to watch include Ethereum (ETH), Cardano (ADA), Angry Pepe Fork (APORK), and Pi Network (PI) amidst a surge in whale activity and market confidence.
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24 Likes
TechBullion
1w
296
Image Credit: TechBullion
From PEPE to Angry Pepe Fork: Why Meme Coin Whales Are Rotating Fast in This Market
- Elon Musk's recent post featuring Pepe the Frog has reignited investor interest in PEPE cryptocurrency, potentially affecting its market price.
- Investor attention has shifted to Angry Pepe Fork ($APORK), a utility-based meme coin in its presale stage, offering unique earning mechanisms like GambleFi and CommunityFi.
- PEPE, a deflationary cryptocurrency launched on Ethereum, pays tribute to the Pepe the Frog memes, attracting global attention despite its limited reward options for investors.
- Angry Pepe Fork ($APORK) stands out in the meme coin world with real utility features like GambleFi, CommunityFi, and presale staking, aiming for long-term growth and cross-chain launches.
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17 Likes
Crypto-News-Flash
1w
269
Image Credit: Crypto-News-Flash
Aave DAO Unanimously Approves Phase 3 of Chainlink SVR Expansion on Ethereum
- Aave DAO has unanimously approved entering phase 3 of Chainlink SVR activation on Ethereum, expanding oracle feeds to assets like wstETH, cbETH, rsETH, osETH, ETHx, and rETH.
- Smart Value Recapture (SVR) by Chainlink aims to capture and redistribute Oracle-Extractable Value, improving DeFi protocol efficiency.
- The swift voting timeline for phase 3 saw unanimous approval, with coverage expanding to ~75% of Aave's total Ethereum TVL.
- Phases 1 and 2 validated SVR mechanics by targeting high-liquidity assets, stablecoins, and diverse tokens across Ethereum and Avalanche networks.
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