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Ethereum News

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Bitcoinist

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Ethereum Poised For Strong Price Rebound Following Bullish Chart Pattern Breakout

  • Ethereum's price struggled to attract gains initially but shows signs of potential recovery with a bullish chart pattern breakout.
  • Trader Tardigrade identified a Bull Pennant Pattern on the 1-day chart, signaling a continued upward trend for Ethereum.
  • The breakout from the bull pennant pattern suggests growing upward momentum, with predictions of a rally back to the $2,250 level.
  • Ethereum's spot volume cooling off might indicate a reduction in volatility, helping alleviate selling pressure in the market.

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Cryptonews

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Crypto Markets Soar as Trump-UK Tariff Deal Signals Potential Trade War Thaw

  • Bitcoin surpasses $100k mark while Ethereum gains 22% in a day.
  • Crypto markets show optimism following Trump's UK tariff deal.
  • S&P 500 rises 0.6% and Asian markets display positive movement alongside crypto rally.
  • Focus shifts to upcoming US-China trade talks in Switzerland for further market impact.

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Coinpedia

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Ethereum’s 19% Surge Tops Bitcoin’s Recovery to $102,000; Altcoins XRP, ADA, DOGE Join Rally

  • Ethereum surged by 19.57% to $2,203.86, outperforming Bitcoin's 3.90% increase to $102,610.09.
  • The cryptocurrency market cap rose to $3.21 trillion, with major assets like XRP, ADA, DOGE, and others joining the rally.
  • Fear & Greed Index at 70 indicates strong market greed, while Altcoin Season Index at 36 implies Bitcoin still holds market dominance.
  • Other top performers include XRP, DOGE, ADA, Solana, BNB, Sui, Chainlink, Avalanche, Stellar, and Shiba Inu, showcasing significant price gains.

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Coindoo

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Ethereum Surges Above $2,075 as Retail Traders Dump in Panic After Pectra Upgrade

  • Ethereum's price surged above $2,075 following the Pectra upgrade, catching retail traders off guard.
  • Fear-driven capitulation by retail traders proved to be an ideal buy signal for Ethereum.
  • Historically, Ethereum's price has moved opposite to retail crowd expectations, marking local tops with greed spikes and bottoms with fear spikes.
  • Ethereum's rebound positions it as a market leader, rewarding long-term holders who endured price stagnation and underperformance.

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Crypto-News-Flash

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Coinbase Exposes SEC XRP Talks and NY Pressure to Label ETH a Security

  • Coinbase released 10,000 documents suggesting SEC discussed XRP security status internally.
  • New York State AG's Investor Protection Bureau Chief wanted SEC to file brief on ETH security.
  • Coinbase faced lawsuit by Oregon AG for selling unregistered securities, including XRP and ETH.
  • Recent litigation between SEC and Coinbase ended with joint stipulation to dismiss enforcement actions.

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Dev

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How to make money from web3

  • 1. Crypto Trading involves buying and selling cryptocurrencies like Bitcoin and Ethereum through platforms like Binance and KuCoin.
  • 2. Airdrops offer free tokens to early blockchain platform users, requiring beginner-level skills and early interaction with projects such as Arbitrum and Optimism.
  • 3. Staking allows users to lock crypto to secure networks and earn rewards, with examples including ETH staking and Solana staking for beginners.
  • 4. Building or launching web3 projects like dApps, tokens, NFT projects, or protocols can be profitable for advanced individuals through token sales and transaction fees.

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Cryptoticker

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Ethereum Price Prediction: ETH Surges Above $2,000 as Crypto Market Soars

  • Ethereum's price surged above $2,000, up 15% in 24 hours, following Bitcoin's milestone of surpassing $100,000 for the first time.
  • Market analysts note strong technical fundamentals as trading volume rises, investors shift profits from Bitcoin to altcoins like Ethereum.
  • Geopolitical factors like reduced market uncertainty and positive stock market sentiment contribute to Ethereum's price rally.
  • Technical indicators signal further gains for Ethereum post $2,000 breakthrough, with key resistance levels at $2,200 and $2,500.

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Cryptopotato

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Ethereum (ETH) Is Waking Up: How High Can it Go? (Analysts Weigh in)

  • Ethereum (ETH) is showing signs of resurgence, surpassing $2,000 after a recent uptick following the implementation of the Ethereum's Pectra upgrade.
  • Analysts are optimistic about ETH's future price potential, with some predicting a new all-time high and projecting price targets ranging from $4,000 to $12,000 by 2026.
  • Key indicators, such as ETH's exchange netflow and increasing Google searches related to Ethereum, suggest growing interest and positive market sentiment towards the cryptocurrency.
  • However, investors are advised to monitor the Relative Strength Index (RSI) for potential corrections, as it recently entered the bearish zone due to a rapid price increase.

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TronWeekly

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New York’s Attempt to Classify Ethereum as a Security Faces SEC Pushback

  • New York sought the SEC's backing to classify Ether as a security in the KuCoin case.
  • Coinbase’s FOIA request unveiled the SEC’s reluctance to classify Ether as a security.
  • After operating without state registration, KuCoin settled with New York for $22M.
  • Internal documents revealed the SEC's hesitancy to declare Ether as a security, adding to regulatory confusion in the cryptocurrency industry.

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Coindoo

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Ethereum Smashes Through $2,000 With 11% Daily Surge

  • Ethereum surges over $2,000 with an 11% daily increase.
  • The market cap rises by $24 billion to $244.46 billion with trading volume spiking 31.41% to over $23.6 billion.
  • The rally follows a strong intraday surge starting near $1,820 and marks the end of Ethereum's consolidation phase.
  • This surge is attributed to a broader crypto market rally, speculation around Ethereum's network upgrade, and may set sights on $2,500 resistance level.

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Newsbtc

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Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery

  • Ethereum broke above $1,900, signaling a potential bullish breakout in the market.
  • CryptoQuant data indicates Ethereum is undervalued compared to Bitcoin, potentially leading to strong outperformance.
  • Despite challenges such as supply pressure and flat network activity, Ethereum is approaching the critical $2,000 mark with renewed strength.
  • Technical analysis suggests that Ethereum's breakout is backed by volume and structure, with potential for sustained upward momentum.

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TheCryptoBasic

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Ethereum Crosses $1,900, Sets Stage for $2,400 Breakout 

  • Ethereum surged over 5% to cross the $1,900 mark, signaling a potential bull run towards $2,400.
  • On-chain data supports a smooth climb for Ethereum to reach $2,000 and above, with positive momentum indicated by the MACD and signal lines.
  • The breaking of the 50-day EMA at $1,853 and the bullish engulfing candle formation suggest a strong breakout rally for Ethereum.
  • While the immediate price target stands near $2,000, further targets at $2,108 and $2,426 are possible if the bullish momentum in the market continues.

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Cryptopotato

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Ethereum Price Analysis: Next Targets Revealed as ETH Takes Down a Crucial Resistance

  • Ethereum surged past the $1.8K resistance level owing to increased demand.
  • Price expected to move towards $2.1K resistance region and the 100-day moving average.
  • On the 4-hour timeframe, Ethereum confirmed a bullish market structure shift after breaking above $1.8K.
  • The Binance liquidation heatmap indicates strengthening momentum for Ethereum's price towards $2.1K level.

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Coinjournal

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Ethereum (ETH) sees major uptick as Pectra upgrade goes live

  • Ethereum (ETH) saw a significant uptick following the launch of the Pectra upgrade, with its price jumping 7.3% to $1,966.
  • The Pectra upgrade raised the Ethereum stake limit to 2,048 ETH per validator, aiming to attract institutional participants and simplify the staking process.
  • The upgrade introduced account abstraction and eleven Ethereum Improvement Proposals to enhance network stability, scalability, and developer flexibility.
  • Historical data suggests that Ethereum may rebound after being undervalued compared to Bitcoin, with optimism surrounding the potential impact of the Pectra upgrade.

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Medium

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The Bulls & Bears- Financial Trading

  • A Bull market is characterized by rising prices and investor optimism, with traders willing to buy and anticipate further gains.
  • Key strategies in a Bull Market include buying on dips and momentum trading to capitalize on stocks with increasing traction.
  • Conversely, a Bear market signals declining prices and widespread pessimism, where strategies like short selling and investing in defensive stocks are crucial.
  • Using referral links can provide exclusive bonuses, access to premium resources, and community support for better navigating financial trading dynamics.

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