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Ethereum News
TheNewsCrypto
2w
159
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Pudgy Penguins Surpass BAYC as Second Largest NFT Collection
- Pudgy Penguins, a popular NFT collection, surpasses Bored Ape Yacht Club (BAYC) in market cap, reaching $772.5M.
- Pudgy Penguins' floor price increases by 8.4% in the last 24 hours, driving interest in the NFT community.
- Pudgy Penguins announces the upcoming launch of their token, 'Pengu,' on the Solana blockchain, contributing to its growth.
- NFT market shows signs of recovery, with increased trading volume and Pudgy Penguins outperforming other top collections.
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Crypto-News-Flash
2w
293
Image Credit: Crypto-News-Flash
Ethereum Price Targeted at $6,200: Analysts See Secondary Bullish Push
- Analysts predict Ethereum price to reach $5,000 to $6,200 by early 2025.
- Ethereum futures market shows increased demand for long positions.
- Technical indicators suggest strong bullish momentum for Ethereum price.
- ETH typically outperforms BTC in the first quarter of the year.
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NullTX
2w
358
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ETHEREUM PRICE ANALYSIS & PREDICTION (December 9) – ETH Loses Grip Above $4k After Dropping 2% Daily But Bigger Moves Lies Ahead
- Ethereum price dropped slightly to around $3,931 as it searches for rebound support.
- Choppy price movements indicate a potential upcoming rally, with a breakout triggering an altcoin season.
- Key support levels to watch are $3,760, $3,497, and $3,255, while resistance levels are $4,094, $4,500, and $5,000.
- The spot price of Ethereum is currently $3,931, with a bullish trend and high volatility.
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Blockonomi
2w
12
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Ethereum (ETH) Price: Breaks $4,000 as Weekly Transactions Hit $17.15 Billion
- Ethereum reached a new yearly high of $4,096, surpassing March’s previous peak
- Large ETH transactions have increased by 300%, reaching $17.15 billion in volume
- Current price sits around $3,960, with next major resistance at $4,540
- Analysis suggests minimal resistance between current price and all-time high of $4,878
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Medium
2w
8
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Confidential Layer - The missing Privacy Layer in the Public Blockchains, making the impossible…
- Confidential Layer (CL) provides an extra layer of privacy protection for users' assets in public blockchains.
- It leverages Zero-Knowledge Proofs (ZKP) to enable transactions without revealing sensitive information, ensuring privacy.
- CL bridges programmable blockchains to non-programmable blockchains or privacy networks.
- It enables secure asset ownership and transfer without compromising privacy or accessibility.
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TheNewsCrypto
2w
8
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Ethereum Testing $4K Resistance Amid Whale Activity and ETF Inflows
- Ethereum is testing strong resistance near $4,000 and may rise to $4,200 if broken.
- A whale investor sells 11,638.9 ETH for $46.4 million, securing a 96% return.
- Ethereum-based ETFs have attracted $1.3 billion in inflows over the past two weeks.
- Fidelity's Ethereum Fund (FETH) leads with $113.6 million in inflows on Dec. 6 alone.
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TronWeekly
2w
4
Image Credit: TronWeekly
Ethereum’s Chart Signals a 24% Weekly Rally to New Highs
- Ethereum could reach a new all-time high of $4,878 in the next week, according to Ryan Adams.
- Analysts project Ether's price could target $7,238 by Q1 2025, following a bullish cup-and-handle pattern.
- Pentoshi highlights Ethereum's highest weekly close of the year as a crucial indicator of bullish momentum.
- Ethereum's chart performance suggests a potential rally to a new all-time high.
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NullTX
2w
246
Image Credit: NullTX
Ethereum Sees Surge In Activity As Fees And Transactions Skyrocket
- Ethereum's network activity has surged, with transaction fees increasing by nearly 40%.
- Weekly transaction volume on Ethereum has skyrocketed by over 300% to reach $17.15 billion.
- From a technical perspective, Ethereum is well-positioned for further price growth with no major barriers in sight.
- Institutional interest in Ethereum is increasing, with strong inflows into Ethereum spot ETFs.
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NullTX
2w
263
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Tether Mints $2 Billion USDT, Stablecoin Market At A Crossroads
- Tether has minted $2 billion USDT on Ethereum, adding to the $19 billion minted since November 6.
- The recent surge in USDT issuance has fueled liquidity on exchanges, coinciding with Bitcoin's rise above $100,000.
- USDT dominates trading on ETH pairs, contributing to Bitcoin liquidity and Coinbase premiums.
- As the stablecoin market evolves, regional stablecoins and decentralized alternatives are gaining momentum, challenging the dominance of USD-backed tokens.
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Newsbtc
2w
324
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Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details
- Ethereum active addresses have surged by 36% during its recent price rally, indicating organic demand and market interest.
- The growth in active addresses suggests a healthy and sustainable price increase for Ethereum.
- Ethereum's current price consolidates at $4,006, with potential resistance at $4,100 and a pathway to its all-time high of $4,891.
- Other bullish factors include increased inflows to Ethereum spot ETFs and the anticipated altseason in early 2025.
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Bitcoinist
2w
73
Image Credit: Bitcoinist
Spot Ethereum ETFs Record Best Weekly Performance, 10-Day Inflow Streak Continues
- The spot Ethereum ETFs in the United States have continued their impressive form, posting their tenth consecutive day of positive inflows to close the week.
- The total net inflow for the past week reached over $836.69 million, marking the highest weekly performance for the Ethereum ETFs since launch.
- The most significant inflows came from Fidelity’s Ethereum Fund (FETH), followed by BlackRock’s iShares Ethereum Trust (ETHA).
- The Ethereum price crossed $4,000 for the first time since March 2024, and the altcoin's price has increased by more than 10% in the past seven days.
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TheNewsCrypto
2w
164
Image Credit: TheNewsCrypto
NFT Market Witnesses Weekly Sales Volume of $187M in December
- The NFT market witnessed a weekly sales volume of over $187 million in the first week of December, surpassing the previous best week of November.
- September had the lowest monthly sales volume of NFTs in 2021, but the asset class made a full recovery in October.
- Ethereum had the best start in December for NFTs, with sales reaching $92 million last week.
- Pudgy Penguins and CryptoPunks were the top-performing NFT collections driving the rise in sales volume.
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Medium
2w
64
Image Credit: Medium
Confidential Layer — Future in Blockchain technology and privacy
- Confidential Layer technology revolutionizes blockchain by expanding the capabilities of private blockchains and connecting them with public blockchains.
- It supports key public blockchains and plans to integrate more in the future.
- Confidential Layer bridges the gap between private and public blockchains, creating an interconnected ecosystem.
- The bridging process in Confidential Layer is secure, decentralized, and seamless, ensuring transaction integrity and user confidence.
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Newsbtc
2w
360
Image Credit: Newsbtc
Large Ethereum Transactions Grow As ETH Breaks Yearly Highs
- Ethereum (ETH) reaches new yearly high of $4,096, signaling a potential resurgence.
- Large Ethereum transactions surge, indicating growing interest from institutional players.
- Investors closely monitor Ethereum's price action and network data as it approaches all-time high.
- Weekly close above $4,000 could pave the way for a continued rally towards ATH.
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Bitcoinist
2w
376
Image Credit: Bitcoinist
Ethereum Price Could Reach New All-Time High With Little Resistance, Analyst Explains Why
- The Ethereum price has returned above $4,000 for the first time since March.
- An analyst believes Ethereum price has little resistance and could reach its previous all-time high of $4,878.
- Data from IntoTheBlock shows minimal buying activity ahead of the current Ethereum price, indicating little resistance.
- The Ethereum price is currently hovering around $4,000, with a 10% increase in the last seven days.
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