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Ethereum News
NullTX
2w
55
Image Credit: NullTX
Ethereum Accumulation Shows Patterns Similar To Bitcoin Amid Cycle Weakness
- Ethereum's balance on accumulation addresses is 19.5 million ETH, valued at $78 billion.
- Bitcoin accumulation addresses hold 2.8 million BTC worth around $280 billion.
- Despite Ethereum's smaller market cap, its Ethereum ETF has consistent inflows, indicating strong buying pressure.
- Ethereum has been lagging behind Bitcoin in the current market cycle, but there may still be growth potential in the coming months.
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TheNewsCrypto
2w
21
Image Credit: TheNewsCrypto
Ethereum (ETH) Seeks to Reclaim the $4K Level
- Ethereum (ETH) is currently trading around $3.6K and aims to surpass the $4K level.
- ETH experienced a pullback after testing the $4K resistance but remains stable above $3.6K.
- The altcoin had a modest loss of 1.17% and $92.74 million worth of Ethereum was liquidated.
- Ethereum's market sentiment is mildly oversold, and technical analysis suggests ongoing bearish momentum.
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TheNewsCrypto
2w
17
Image Credit: TheNewsCrypto
Ethereum (ETH) Struggles to Maintain Relevance Against Lightchain AI’s Rise A Market Update
- Ethereum (ETH) faces a tough challenge from Lightchain AI for dominance in decentralized finance.
- Lightchain AI is merging artificial intelligence and blockchain technologies through innovative solutions like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM).
- Lightchain AI’s Proof of Intelligence (PoI) offers a rewards system for nodes that complete AI computational tasks while enhancing network security.
- Artificial Intelligence Virtual Machine (AIVM) optimizes AI computations while keeping processes decentralized and transparent
- Lightchain AI incorporates a Transparent AI Framework and integrates decentralized governance, allowing token holders to propose and vote on initiatives.
- Despite Ethereum’s lead in smart contracts, NFTs, and DeFi, it is facing challenges in scalability, erosion of first-mover advantage, competing for developers, niche demands like AI integration, and community momentum.
- The AI-focused infrastructure and developer-friendly environment of Lightchain AI is already attracting attention from forward-thinking technologists looking to build advanced AI applications.
- The Lightchain AI Presale is open for early adopters and offers discounted tokens. Ethereum must evolve rapidly to maintain its relevance against innovative protocols like Lightchain AI.
- The future of blockchain technology is being defined by innovative protocols like Lightchain AI.
- Investors are advised to make decisions based on their own research, and this Press Release does not represent any investment advice.
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Newsbtc
2w
103
Image Credit: Newsbtc
Ethereum Accumulation Addresses Hit $78B: What’s Next for ETH’s Price?
- Ethereum accumulation addresses now hold approximately 19.5 million ETH, valued at around $78 billion.
- Steady inflows into Ethereum-focused ETFs indicate institutional buying interest and growing appeal among large-scale investors.
- Despite strong ETF demand, Ethereum's price movements have been less dramatic compared to Bitcoin in this cycle.
- Ethereum's taker volume is at a record low, indicating aggressive selling but also signaling a market nearing a critical pivot point.
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Newsbtc
2w
38
Image Credit: Newsbtc
Ethereum Battles Bearish Retail Sentiment Amid Surging ETF Demand
- Ethereum (ETH) is facing a bearish sentiment among retail investors on Binance as it tests the $4,000 resistance level.
- Binance's taker buy-sell ratio for Ethereum turned sharply negative at $4,000, indicating a selling stance.
- However, the surge in demand for Ethereum Exchange-Traded Funds (ETFs) suggests growing institutional interest supporting Ethereum's price.
- Despite a significant correction, analysts remain optimistic, seeing the current price dip as healthy for Ethereum's market.
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TronWeekly
2w
116
Image Credit: TronWeekly
Crypto Market Explodes: Which Coins Will Lead the Next Bull Run?
- The crypto market surged by 32.28% in a month, with Bitcoin and Ethereum seeing impressive gains amid a powerful bull run.
- VirtualBacon advises focusing on smaller altcoins, predicting mid and low caps could outperform Bitcoin and Ethereum in the coming months.
- While XRP shows strong growth, VirtualBacon warns of overhyped projects, recommending solid assets like Ethereum, Solana, and undervalued Algorand.
- VirtualBacon also lists XRP, SUI, Bitcoin Cash, Litecoin, Ethereum Classic, and several gaming tokens as overvalued or high-risk coins to avoid.
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Bitcoinsensus
2w
189
Image Credit: Bitcoinsensus
Galxe Unveiled Its EVM Update to the Gravity Blockchain and a $50M Fund to Streamline Its Ecosystem
- Galxe unveiled Grevm 1.0, its EVM upgrade to the Gravity blockchain.
- They created a $50M fund to incentivize development in the ecosystem.
- They aim to make their Gravity SDK 10-100 times better than the Cosmos SDK.
- Their goal is to make it easier for companies, developers, and users to enter Web3.
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Crypto-News-Flash
2w
42
Image Credit: Crypto-News-Flash
Should Ethereum Increase Gas Limits? Community Divided Over Risks and Rewards
- Ethereum developers are considering increasing the protocol's gas limits.
- Community opinions are divided, with some advocating for higher limits while others urge caution.
- Increasing gas limits could enhance network capacity but also poses risks to stability and security.
- The upcoming Pectra Upgrade aims to lay the foundation for higher gas limits while maintaining network resilience.
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2 Likes
Crypto-News-Flash
2w
266
Image Credit: Crypto-News-Flash
Crypto Adoption Expands: 30% of Americans Open to Bitcoin Salaries
- A survey conducted by Clarify Capital reveals that 30% of American workers are open to receiving their wages in cryptocurrencies.
- Bitcoin is the most preferred cryptocurrency for salaries, with 72% of respondents choosing it.
- Gen Z and millennials show the highest interest in crypto pay, with 39% and 32% respectively.
- Additionally, 25% of U.S. business owners are open to crypto loans, with centralized options being the most preferred.
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16 Likes
Medium
2w
172
Image Credit: Medium
STON.fi:Experience the Future of DeFi with STONFI
- Impermanent loss protection is a solution to mitigate impermanent loss faced by liquidity providers in DeFi.
- STONFI introduces impermanent loss protection, unlocking new opportunities in DeFi.
- Benefits of impermanent loss protection include reduced risk, increased confidence, and improved liquidity.
- STONFI is committed to enhancing the DeFi experience with innovative solutions like impermanent loss protection.
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10 Likes
Tokenhell
2w
331
Price Analysis December 10th, 2024 – BTC, ETH, XRP, and SOL
- Bitcoin price falls below $98,000 resistance level, with profit booking by long-term holders cited as a reason.
- MicroStrategy buys 21,550 BTC for $2.1 billion, bringing their holdings to 402,218 BTC.
- Spot Bitcoin ETFs record inflows of $3.86 billion since the start of the month.
- Price analysis indicates potential for Bitcoin to rebound to all-time high, while Ethereum, XRP, and Solana face bearish trends.
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Coinpedia
2w
94
Image Credit: Coinpedia
Ethereum Foundation Sells 100 ETH for Dai as Pectra Upgrade Looms
- Ethereum Foundation sells 100 ETH for Dai as Pectra Upgrade looms.
- ETH price dip coincides with Ethereum Foundation's continued Ether sales, as network competition grows and Pectra upgrade looms.
- Ethereum Foundation has sold 4,366 ETH worth over $12.21 million at an average price of about $2,796.
- The ongoing Ether sale by the Ethereum Foundation indicates major developments expected to be unveiled in the near term, including the Pectra upgrade for scalability.
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Blockonomi
2w
4
Image Credit: Blockonomi
Ethereum (ETH) Price Shows Strong Weekly Performance as Price Tests Key Levels
- Ethereum hovering around $4,000 resistance level with strong weekly close
- ETH gained 62% over past year, lagging behind some other cryptocurrencies
- Analyst Pentoshi notes ETH had highest weekly close of the year and sees limited resistance to new ATH
- Crypto analyst CryptoPoseidonn projects potential rise to $6,000-$11,400 based on Fibonacci levels
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Bitcoinist
2w
86
Image Credit: Bitcoinist
Justin Sun $119 Million Ethereum Sell-Off – Market Strategy Or Warning Sign?
- Justin Sun, the founder of Tron, sold $119.7 million worth of Ethereum (ETH) as the price of ETH surpassed $4,000.
- This move by Sun has raised questions about his strategy - whether he is cashing out or planning to generate more profit.
- Sun had previously bought ETH worth $1.19 billion and is now locking in profits by selling a portion of his holdings.
- While the sell-off sparked debate, Sun's continued staking and transfers suggest a complex strategy rather than a simple exit.
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Zebpay
2w
314
Image Credit: Zebpay
Ethereum Technical Analysis Report – 10th December 2024
- Ethereum faced rejection at $4,094 on December 6, indicating strong bearish resistance.
- The price is at risk of retreating towards the 20-day EMA ($3,633), a critical support zone.
- Inflows into Ethereum-focused investment products reached a record $1.2 billion, showing growing demand for Ethereum.
- ETH is currently trading at $3,662.
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