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TheNewsCrypto

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Ethereum Price Analysis & Lightchain Protocol AI Outlook into Mid-December 

  • Lightchain AI, a blockchain platform that incorporates artificial intelligence, has attracted attention for its presale which is offering tokens at $0.003 compared to Ethereum’s $3,835.
  • The presale reflects Lightchain AI’s ‘Proof of Intelligence’ consensus, which rewards the owners of nodes that undertake AI training and optimisation, unlike Ethereum’s Proof of Stake mechanism.
  • The Lightchain AI’s blockchain also includes an Artificial Intelligence Virtual Machine for app builders, enabling AI-powered applications without compromising blockchain security.
  • Privacy is a focus for Lightchain, with its privacy-first decentralised operations a big selling point for firms managing sensitive data.
  • This is compared to Ethereum’s public ledger approach, though the firm is working on ‘Rollups’ to address scalability issues.
  • In terms of investment opportunities, Lightchain’s low token price could appeal to those on a budget and the platform could well have a role to play in industries beyond finance.
  • Ethereum, meanwhile, continues to enjoy a dominant developer community and thousands of dApps, and ongoing efforts are being made to reduce its environmental impact.
  • Both platforms have their advantages and disadvantages, and savvy investors may well look to hedge their bets and diversify their portfolios between the two.
  • As with all investments, theNewsCrypto encourages its readers to make decisions based on their own research.
  • Lightchain AI’s ICO launched earlier this week and closes on 18 December

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TheNewsCrypto

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Crypto Investment Products Hits Record $3.85B Weekly Inflows

  • Crypto investment products recorded their largest-ever weekly inflows of $3.85 billion last week.
  • Bitcoin led the inflows, attracting $2.5 billion, while Ethereum saw a record $1.2 billion.
  • YTD inflows for all digital asset products now total $41 billion, pushing assets under management (AUM) to a historic $165 billion.
  • The United States dominated inflows, accounting for $3.6 billion, reflecting strong participation from American investors.

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TheNewsCrypto

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Ethereum TVL Surges by $7.79B as Network Activity Signals Strong Institutional Confidence

  • Ethereum's Total Value Locked (TVL) surges by $7.79 billion in a week, reaching $77.15 billion.
  • The TVL growth indicates strong institutional and user confidence in Ethereum's value proposition.
  • Exchange inflow volume reaches a monthly low, suggesting reduced selling pressure.
  • Technical breakout from a descending triangle pattern implies potential push towards $4,200.

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Crypto-News-Flash

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Ethereum Network Slowdown Sparks Warnings of Brief ETH Decline

  • Ethereum's Daily Active Addresses (DAA) divergence and Cumulative Volume Delta (CVD) indicate a potential pullback in ETH.
  • Analysts suggest that ETH is in the early phase of recovery and could reach $15k in the future.
  • Bearish indicators include declining DAA, Holding Time, and negative CVD.
  • US spot ETH ETFs perform well with BlackRock Ethereum ETF (ETHA) recording highest-ever daily inflow of $292 million.

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Livebitcoinnews

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Pudgy Penguins NFT Prices Outshine Bored Ape Yacht

  • Pudgy Penguins NFT prices have reached a new all-time high, boosting market confidence.
  • The launch of the $PENGU token is anticipated to generate more interest in the collection.
  • The price of Pudgy Penguins surpassed the value of Bored Ape Yacht Club (BAYC) on Ethereum.
  • Plans to release the $PENGU token on the Solana blockchain are underway.

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TechBullion

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Bitcoin Price Overview: Why Ethereum Will Reach $10,000 If BTC Hits $134,000, Altcoin Rival Eyes 44,000% Surge From $0.02 To $8.2

  • Bitcoin and Ethereum prices are expected to surge, with Bitcoin potentially reaching $134,000 and Ethereum targeting $10,000.
  • WallitIQ (WLTQ) emerges as a promising altcoin rival, with a projected surge of 44,000% from $0.0243 to $8.2.
  • WallitIQ (WLTQ) offers advanced AI-powered solutions in the decentralized finance (DeFi) sector, attracting attention from investors.
  • WallitIQ (WLTQ) features cutting-edge technology including AI-driven security protocols, machine learning, and user-friendly features.

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Bitcoinist

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Crypto Fund Flows Hit $3.85 Billion Weekly Record As Bitcoin And Ethereum Dominate

  • Crypto asset investment products achieve historic milestone with weekly inflows totaling $3.85 billion.
  • Bitcoin dominates with $2.5 billion inflows, reaching $36.5 billion YTD inflows.
  • Ethereum posts largest-ever weekly inflows of $1.2 billion, showcasing growing demand.
  • Solana experiences outflows signaling potential shift in investor sentiment.

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Medium

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How to Optimize Your Claim for the MATH Airdrop

  • MATH airdrops are a powerful strategy for gaining attention and building communities in the crypto world.
  • Claiming MATH tokens is a straightforward process that can be done by following a few steps.
  • Participating in MATH airdrops offers benefits like receiving free tokens and potential future value appreciation.
  • Prepare your MATH wallet and follow the step-by-step instructions to claim your airdrops successfully.

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Bitcoinsensus

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Vitalik Buterin Responds To Nick White’s On Ethereum and Blockchain

  • Celestia partner Nick White questioned the integrity and governance of the blockchain.
  • Vitalik Buterin responded that the decentralized committee is still a committee.
  • He emphasized the importance of verifiability and highly democratized participation.
  • Buterin believes in maintaining trustless, open, and accessible technology while overcoming challenges.

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99Bitcoins

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Ethereum Charts Hint at a Potential New ETH ATH This Week

  • Ethereum's bullish momentum is driven by rising adoption and increased participation from users.
  • Active addresses on Ethereum have surged by 36% over the last month.
  • Ethereum benefits from substantial crypto-related ETF inflows, providing price stability.
  • Political tailwinds, including a crypto-friendly president, have contributed to Ethereum's recent rally.

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Cryptoslate

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Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

  • Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, pushing year-to-date totals to $41 billion and assets under management to $165 billion.
  • Bitcoin was the dominant contributor to the inflows, bringing in $2.5 billion last week and surpassing the holdings of Satoshi Nakamoto, the creator of Bitcoin. Short Bitcoin products also saw inflows of $6.2 million.
  • Ethereum attracted $1.2 billion in inflows, marking its highest weekly total since the launch of Ethereum-based ETFs. XRP drew over $134 million in inflows and achieved a seven-year price high.
  • The market remains bullish, with Bitcoin reaching a new all-time high above $100,000 and growing institutional adoption of Ethereum and XRP.

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Bitcoinist

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Ethereum Just “One Leg Away” From Reclaiming All-Time High, Market Expert Claims

  • Ethereum recently spiked to $4,000, its highest level in three years, instilling confidence in its future performance.
  • Market expert predicts Ethereum is just one leg away from reclaiming its all-time high and entering a new stage of price discovery.
  • Positive on-chain metrics and growing interest in cryptocurrencies could attract new investors and drive ETH's upward movement.
  • Although Ethereum's price turned bearish and fell to $3,800, investor confidence remains high with increased trading volume.

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Bitcoinist

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Coinbase CEO Slams Anti-Crypto SEC Commissioner, Urges Senate To Vote Her Out

  • Coinbase CEO Brian Armstrong urges the US Senate Banking Committee to vote out anti-crypto SEC commissioner Caroline Crenshaw.
  • Armstrong criticizes Crenshaw's failure in her role and her support for strict regulations on cryptocurrencies.
  • He highlights that the crypto community will be watching the outcome and voting results will be considered in politicians' scorecards.
  • The re-elected US president recently nominated Paul Atkins as the new SEC Chairman and Coinbase CEO announced the company's commitment to working with pro-industry law firms.

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TronWeekly

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Massive Ethereum Whale Rakes in $145M Profit with Precision Trades

  • Ethereum whale '0x682' has made a profit of $145 million by trading 96,639 ETH over 2.25 years.
  • The whale sold 15,000 ETH before a market dip, holding $69.7 million in unrealized profits.
  • Ethereum nears a potential breakout after a 1,460-day consolidation period.
  • The whale's strategic trading moves have sparked speculation about their impact on Ethereum's price.

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TronWeekly

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Is Bitcoin Headed for $200K? Altcoins Ready for a Massive Lift

  • Bitcoin's upward momentum remains strong, with $120,000 within reach and support between $80,000-$90,000.
  • Altcoins like Ethereum, XRP, and Cardano are experiencing significant price gains following Bitcoin's lead.
  • Experts forecast a potential altcoin rally and Bitcoin surging past $200,000 in the near future.
  • Bitcoin's positive weekly chart and predictions of reaching $120,000 indicate a continued upward trend.

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