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Ethereum News
Cryptoslate
1w
59
Image Credit: Cryptoslate
Donald Trump linked World Liberty Financial purchases $12 million Ethereum, Chainlink, and Aave
- DeFi project WLFI backed by Donald Trump has acquired $12 million worth of Ethereum, Chainlink, and Aave.
- WLFI purchased 2,631 ETH for $10 million, 41,335 LINK, and 3,357 AAVE for $1 million each.
- The acquisitions have boosted WLFI's crypto holdings to over $74.7 million, with significant increases in LINK and AAVE prices.
- The move raises speculation about a pro-crypto agenda and confidence in decentralized finance under Trump's leadership.
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TheNewsCrypto
1w
414
Image Credit: TheNewsCrypto
Can Ethereum Hold Its Ground Above $3.5K?
- Ethereum (ETH) holds strong support above $3,500 despite sell-offs, exhibiting bullish momentum.
- Analysts identify $3,890 as a resistance level, while potential upside targets are around $4,000.
- ETH's monthly average sell-off reached $400 million, indicating comparable pressure to the previous cycle's peak.
- US spot ETH ETFs experience consistent inflows, supporting the bounce above $3,500.
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TheNewsCrypto
1w
277
Image Credit: TheNewsCrypto
Ethereum Hit $4000 but These Other Bullish Altcoins Promise 5000% ROI in 2025
- Ethereum hit $4,000 but has retraced to $3,770, still expected to reach $6,000 in 2025.
- Pro-crypto policies could support Ethereum's growth, with staking rewards likely to be implemented into Spot Ethereum ETFs.
- BlockDag, a DAG-based project, raised $158M in presale and aims for significant growth.
- Cutoshi, a meme-based project with DeFi aims, has a current market cap of $13M and potential for 5000% gain.
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Crypto-News-Flash
1w
379
Image Credit: Crypto-News-Flash
Ethereum News: ETH Bull Run to Resume and Last Into 2025, Michael van de Poppe Says
- Ethereum is testing a key resistance zone at $3,800, which could fuel a long-term bull run with targets as high as $4,500.
- Michael van de Poppe anticipates momentum into 2025 if Ethereum breaks past $3,800.
- ETH has seen a natural market correction, providing an opportunity for investors to accumulate at discounted prices.
- Strong support for ETH at the current trading range of $3,715 suggests a potential price increase according to the IOMAP metric.
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TheNewsCrypto
1w
102
Image Credit: TheNewsCrypto
Trump’s World Liberty Financial Pumps Price With $10M Crypto Buy
- World Liberty Financial has bought several crypto tokens in exchange for $10 million worth USDC.
- The buying activity by World Liberty Financial has caused an upward movement in the tokens purchased.
- Ethereum, AAVE, and Chainlink (LINK) have shown price increases due to World Liberty Financial's purchases.
- Other tokens purchased by Trump's World Liberty Financial include Uniswap and USDT.
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TronWeekly
1w
355
Image Credit: TronWeekly
Ethereum Faces Slim Odds of $5K Milestone by Year-End
- The chance of Ethereum reaching $5,000 by December 27 is below 10% according to Derive.
- Analysts predict Ether could hit $5,300 driven by a broadening wedge pattern.
- Despite increased inflows into Ethereum ETFs, the probability of reaching $5,000 remains low.
- Some analysts remain optimistic about Ethereum's price potential.
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TronWeekly
1w
222
Image Credit: TronWeekly
Raydium Outpaces Uniswap: Dominates Solana’s DEX Market with $124.6 Billion
- Raydium, the largest DEX on Solana, has surpassed Uniswap in trading volume for two consecutive months, reaching $124.6 billion in November 2024.
- Memecoin trading accounts for 65% of Raydium's trading volume, reflecting the growing trend in the DEX market.
- Solana's dominance in DEX trading has propelled Raydium's success, with Solana accounting for almost 50% of the total DEX volume on chains.
- High throughput, low transaction fees, and greater liquidity make Solana an attractive destination for traders migrating from other blockchains.
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Crypto-News-Flash
2w
8
Image Credit: Crypto-News-Flash
Ethereum’s $5K Target Faces Significant Hurdles, Derive Predicts Less Than 10% Chance
- Ethereum's chances of hitting $5,000 by the end of 2024 have dropped to under 10%, despite strong ETF inflows and a 37% price surge needed.
- Ethereum ETFs saw $305 million in daily inflows on Dec. 10, with Fidelity contributing $202.2 million, signaling strong institutional interest and a potential supply crisis.
- According to data from on-chain options protocol Derive, Ethereum's chances of reaching $5,000 by 2024 have decreased to just over 8%.
- Despite the lowered probability, some investors remain bullish on Ethereum, with predictions of reaching $5,000 by year-end and potential new all-time highs.
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Hackernoon
2w
205
Image Credit: Hackernoon
How Ethereum Nodes Talk and Sync: Peer-to-Peer in Action
- Ethereum is a peer-to-peer network where thousands of computers, called nodes, communicate using shared rules.
- Ethereum nodes have two main parts: execution clients and consensus clients.
- The Ethereum execution layer uses two main networking protocol stacks to keep the network running: Discovery Stack and DevP2P Stack.
- When a new Ethereum node joins the network, it needs to find other nodes to connect with. This process is called discovery.
- Bootnodes are special nodes with hardcoded addresses in Ethereum clients.
- Ethereum nodes use peer discovery protocols to locate and connect with other nodes in the network.
- RLPx is a key protocol in Ethereum's DevP2P stack that helps nodes connect and communicate securely.
- After discovering peers, Ethereum nodes use the DevP2P stack starting with the RLPx protocol to establish secure communication.
- The Ethereum consensus layer ensures that all Ethereum nodes agree on the state of the blockchain, keeping everything in sync.
- In Ethereum's consensus layer, SSZ (Simple Serialization) is used instead of the usual RLP (Recursive Length Prefix) format.
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Bitcoinist
2w
201
Image Credit: Bitcoinist
Ethereum Undergoes Critical Pattern Breakout, Bull Run Officially Begins
- Ethereum has undergone a critical chart pattern breakout, signaling a major rally that could push it to new all-time highs.
- The breakout from the massive Triangle formation, which has been developing for over 2 years, indicates a substantial change in market momentum.
- A market expert predicts that the bull run for Ethereum has officially begun and sets a mid-target price of $10,000.
- Compared to Bitcoin, Ethereum's current price lag is considered normal, with expectations of a similar price development as seen in the previous cycle.
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TronWeekly
2w
274
Image Credit: TronWeekly
Bitwise Predicts Crypto’s Golden Era: Bitcoin to Surpass $200K
- Bitwise predicts the 'golden era' for cryptocurrencies in 2025 driven by innovations and expanding regulatory framework.
- Bitcoin, Ethereum, and Solana are expected to reach new all-time highs, with Bitcoin surpassing $200,000, Ethereum reaching $7,000, and Solana hitting $750.
- Bitwise foresees the IPO wave of major crypto companies going public, indicating the growing maturity and appeal of blockchain technology.
- Bitcoin could surpass gold in market value, potentially reaching $1 million per coin by 2029, with stablecoin market doubling to over $400 billion in 2025.
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Blockonomi
2w
72
Image Credit: Blockonomi
Ethereum (ETH) Price Records $234M in Liquidations as Price Retreats from $4,000
- Ethereum (ETH) pulled back from $4,000 resistance level, currently trading at $3,621.
- Binance's taker buy-sell ratio turned negative, indicating increased retail selling pressure.
- ETH trading volume rose from $60B to $72B despite price decrease, suggesting active sell-offs.
- Total crypto market liquidations reached $1.58B, with ETH accounting for $234.72M.
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Crypto-News-Flash
2w
77
Image Credit: Crypto-News-Flash
Ethereum Foundation Offloads 100 ETH for DAI as Major Upgrade Approaches
- The Ethereum Foundation has sold 100 ETH for DAI as the Pectra upgrade approaches.
- The Ethereum Foundation periodically sells ETH to fund public projects and maintain reserves.
- Converting ETH into DAI allows the Foundation to secure assets during market downturns.
- The Pectra upgrade aims to enhance Ethereum's scalability, security, and user experience.
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NullTX
2w
326
Image Credit: NullTX
Ethereum Scaling Accelerates As Uniswap Activity Heats Up
- Ethereum scaling roadmap is accelerating with significant growth seen across Layer 2 (L2) platforms.
- Uniswap, one of the largest decentralized protocols, has processed over $279 billion in L2 trading volume this year.
- A Uniswap investor address recently sold 1.08 million UNI tokens valued at $18.26 million.
- Whale activity in the broader market includes $25 million worth of assets being transferred to centralized exchanges.
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TronWeekly
2w
218
Image Credit: TronWeekly
Solana Attracts Ethereum Star Expert
- Renowned Ethereum researcher Max Resnick has joined the Solana blockchain, highlighting the platform's growing interest and momentum.
- Resnick expressed his intention to contribute to the Solana protocol, prioritizing fee markets and consensus implementations.
- Resnick will continue to work with Consensys as a Research Fellow, providing advisory support to the Special Mechs team.
- Cryptocurrency analyst Gordon identifies strong support for SOL, with the next target price set at $420.
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