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Ethereum News

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Newsbtc

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130,000 Ethereum Moved Off Exchanges – Bullish Signal?

  • Ethereum (ETH) is trading at its lowest levels since late 2023, down over 57% since December 2024.
  • Whales have moved over 130,000 ETH off exchanges in the past week, indicating a growing accumulation trend.
  • Whale activity suggests that smart money is positioning itself for the next move, potentially signaling a future market rebound.
  • For Ethereum to regain a bullish outlook, bulls must reclaim the $2,000 level. Overall market sentiment and macroeconomic conditions remain critical factors in ETH's trajectory.

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TheNewsCrypto

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3 Promising Ethereum (ETH) Alternatives Under $3 That Could Surpass $10 by the 2025 Bull Run

  • Lightchain AI, Solaxy (SLXY), and Retik Finance (RETIK) are three promising Ethereum (ETH) alternatives under $3 that could surpass $10 before the 2025 bull run.
  • Lightchain AI, priced at just $0.007125 per token, has already raised $17.8 million in its presale phase, showing strong investor confidence and immense growth potential.
  • Solaxy (SLXY) addresses scalability and congestion challenges of the Solana network with its Layer 2 solution, empowering decentralized applications to scale seamlessly.
  • Retik Finance (RETIK) is transforming decentralized finance with innovative solutions, experiencing exponential growth and a token price increase of 2000% to an all-time high of $3.

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NullTX

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Ethereum Key Levels to Watch as Market Activity Heats Up

  • Recent shifts in Ethereum's price highlighted critical support at $1,870 and resistance at $2,050, crucial for traders and investors.
  • Big whale activity in the past days saw purchases of over 420,000 ETH, indicating accumulation and confidence in Ethereum.
  • Ethereum ETFs have shown a decline in net inflows, with recent data reporting net outflows, including substantial amounts from iShares.
  • Support level at $1,870 has proven strong, while $2,050 acts as a challenging resistance for Ethereum's price movement.
  • Institutional involvement and whale accumulation signal long-term strength in Ethereum's market, despite short-term price fluctuations.
  • Ethereum's transition to Ethereum 2.0 and Layer 2 adoption enhance its position as a leading blockchain platform with potential longevity.
  • Overall, Ethereum faces support around $1,870 and resistance at $2,050, with whale activity and institutional confidence shaping its market.
  • This summary does not constitute trading advice; thorough research is recommended before engaging in cryptocurrency investments.
  • Follow @nulltxnews on Twitter for updates on Crypto, NFTs, AI, Cybersecurity, Distributed Computing, and Metaverse news.
  • Image Source: backyardproduction/123RF // Image Effects by Colorcinch

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TheNewsCrypto

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Can Ethereum Reclaim $2K or Drop Back to Its Previous Lows?

  • Ethereum has fallen into the $1.9K trading zone.
  • $44.77 million worth of ETH was liquidated from the market.
  • Ethereum is forming a potent bearish pattern as it trades below $1,910.
  • ETH could witness a rebound if the price jumps over $2K.

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TechBullion

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Bitcoin and Ethereum Step Aside, Could This Emerging Crypto Redefine the Landscape?

  • Remittix (RTX) is an emerging blockchain payment solution aimed at immediate, fee-free crypto-fiat transactions.
  • Bitcoin (BTC) and Ethereum (ETH) have been facing challenges and their trades and trading volume have decreased.
  • RTX focuses on practical real-world use cases and offers fast and scalable alternatives to traditional cryptocurrencies like BTC and ETH.
  • With its model of crypto-to-fiat, low fees, and instantaneous transactions, RTX is gaining attention as a promising blockchain project.

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TechBullion

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Could Remittix’s Collaboration with Ethereum Spark Major Growth? Is $1 by 2025 Within Reach?

  • Remittix (RTX) is a promising project focused on cryptocurrency to fiat payments, built on top of Ethereum.
  • The project aims to facilitate easy integration of real-world payments and enable instant and fee-free transactions between crypto and fiat currencies.
  • With growing adoption of blockchain payments, experts believe RTX has the potential to achieve $1 by 2025.
  • Investors are interested in RTX due to its practical use, strong market demand, and compatibility with Ethereum.

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Bitcoinsensus

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Worldcoin vs Ethereum: Which One Wins on Inclusion?

  • Ethereum is powerful but not beginner-friendly, while Worldcoin focuses on simplicity and accessibility.
  • Ethereum dominates in financial inclusion with deep liquidity and a strong DeFi ecosystem.
  • Worldcoin introduces biometric verification and targets the unbanked populations.
  • For investors & developers, Ethereum is better; for everyday users, Worldcoin is more accessible.

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TronWeekly

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Ethereum (ETH) Needs $2,050 for a Comeback, but Can It Hold the Line?

  • Ethereum is currently trading at $1,913, with resistance at $2,050 and support at $1,870.
  • Analyst Ali Martinez warns that falling below the $1,870 support level could lead to a deeper decline.
  • A breakout beyond the $2,050 resistance is crucial for initiating a strong recovery rally.
  • Ether's ability to surpass the $2,000 threshold and regain bullish momentum will determine its future direction.

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Zycrypto

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Ethereum Whales Enter Buying Mode, Is There A Lifeline For ETH Price?

  • Ethereum (ETH) price continues its downward slope despite a slight market recovery the previous week.
  • In the last seven days, crypto whales bought over 400,000 ETH and moved about 600,000 off centralized exchanges.
  • The altcoin season will record improved prices as BTC dominance declines, which is why investors are backing ETH.
  • Apart from Ethereum, digital asset whales also purchased large assets on the White House Crypto Summit wave.

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Bitcoinist

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Ethereum Needs A Leader—Or Its Future Could Be In Jeopardy, Ex-Engineer Warns

  • A former Ethereum Foundation engineer has raised concerns about the platform’s future, warning that a lack of clear leadership is slowing down critical development.
  • Decentralization has led to delays in decision-making, making it difficult to push through necessary changes on the Ethereum network.
  • The lack of a cohesive vision and internal disagreements within the organization's leadership could hinder Ethereum's progress and competitiveness.
  • To speed up improvements, the network is advised to prioritize execution over research and consider quarterly hard forks for faster updates.

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Bitcoinist

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Why Bitcoin And Crypto Will Not Recover Before US Equities Market: Expert

  • The Bitcoin and crypto markets suffered severe price downturns at the beginning of the week, along with the United States equities market.
  • Prominent crypto pundit Burak Kesmeci explains the correlation between cryptocurrencies and the US stock market.
  • Bitcoin and Ethereum exhibit high correlation with the S&P 500 index and other US stock market indices.
  • The recovery of the crypto market is dependent on the US stock market indices moving above the SMA200.

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Coinpedia

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Bitcoin, Ethereum and XRP Price Prediction: Will Interest Rate Decision Revive Buying Demand?

  • Bitcoin, Ethereum, and XRP experienced volatility last week, preventing a clear trend. However, potential pauses in the Federal Reserve rate hikes and easing geopolitical tensions could revive buying demand for cryptocurrencies.
  • Bitcoin bulls face resistance at the EMA20 trend line and $86.7K mark. Resistance break could lead to a move towards $93,000, while a sharp decline could bring the price to the support level at $79,974.
  • Ethereum faces rising volatility around the descending resistance line. Positive divergence and breaching the EMA50 trend line could see the price rise to $2,109 and potentially to the 50-day SMA at $2,530. Failure to hold at $2,109 would indicate bearish dominance.
  • XRP bounced off the $2 support level and broke above the EMA20 trend line. Potential breakout could lead to a climb to $2.65 and further to $2.97, while a sharp decline would revisit the critical $2 support.

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TronWeekly

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Poll: 51% of U.S. Voters Oppose Are Opposed to a Cryptocurrency Reserve

  • Only 10% of Americans support increasing funding for cryptocurrencies.
  • 51% of voters oppose the creation of a federal crypto reserve.
  • 45% of respondents want to cut federal funding for cryptocurrency.
  • Political opinions largely influenced voter reactions toward the crypto reserve plan.

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Newsbtc

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Ethereum Must Reclaim $2,050 To Start A Recovery Rally – Insights

  • Ethereum (ETH) is trading below $2,000, struggling to find momentum after days of selling pressure.
  • The $2,050 level is a crucial resistance that ETH must reclaim for a trend reversal.
  • The $1,870 support level is critical, and a break below it could lead to further declines.
  • Bulls must hold above $1,900 and break above the $2,000 mark for a potential recovery rally.

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TronWeekly

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Ethereum Rebounds as Whales Accumulate, Eyeing Surge Towards $2,500

  • Ethereum (ETH) is in the spotlight, trading at $1,932 with a slight 1% increase in the last 24 hours.
  • Whale accumulation of more than 420,000 ETH within the last five days highlights confidence in price recovery.
  • Ethereum’s next move relies on support at $1,870 and resistance at $2,050.
  • A breakout from the Descending Channel could push ETH toward the $2,500 target.

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