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Crypto-News-Flash

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Ripple CEO Hints at Partnership with Cardano After Meeting with Charles Hoskinson

  • Ripple CEO Brad Garlinghouse and Cardano founder Charles Hoskinson met, hinting at a potential partnership.
  • Hoskinson believes that Ripple's upcoming stablecoin RLUSD could be launched on Cardano.
  • The news sparked mixed reactions within the crypto community.
  • Hoskinson outlined two potential collaborations with Ripple, including integrating Cardano's privacy-focused sidechain and participating in RLUSD.

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Blockonomi

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Ethereum (ETH) Price Action Shows Strong Momentum as Bulls Target $4,000 Level

  • Ethereum (ETH) price surpasses $3,400, reaching a new monthly high with a 35% increase in the past week.
  • Positive funding rates indicate strong buyer demand and market confidence.
  • Technical support levels established at $3,250 and $3,150 with resistance at $3,450.
  • Current price movement shows consolidation after breaking above $3,220, but market analysts warn of potential overheating.

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NullTX

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Ethereum Gains 3.3 Million New Retail Investors: Could This Spark An Altcoin Bull Market?

  • The Ethereum market has gained 3.3 million new retail investors, indicating a potential altcoin bull market.
  • The surge in individual investors could lead to rising prices, particularly for Ethereum.
  • Ethereum's recent performance has started to close the gap with Bitcoin.
  • The Ethereum Foundation sold 100 ETH, while US Ethereum ETFs experienced record-breaking net inflows.

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TheNewsCrypto

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Can Ethereum Overcome $3.5K as Vitalik Pushes for Upgrades?

  • Vitalik Buterin shares Ethereum's upgrades for decentralization, censorship resistance, and quantum security.
  • Despite the bullish market, ETH struggles to break $3,500 resistance.
  • Ethereum aims to scale for over 100K transactions per second on layer-2 solutions.
  • Vitalik's active engagement aims to expand Ethereum's reach while ETH lags behind the current bull run.

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Cryptonews

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US Ethereum ETFs Flooded with Cash as ETH Soars 27% in a Week

  • US Spot Ethereum ETFs saw a record inflow of US$295.5 million, with BlackRock’s ETHA and Fidelity’s FETH receiving the largest shares.
  • Senior Bloomberg ETF analyst Eric Balchunas indicated that Ethereum funds are trending positively, though still trailing far behind Bitcoin ETFs.
  • Bitcoin ETFs also performed well, with BlackRock’s IBIT capturing three-quarters of the US$1.1 billion total inflow.
  • Crypto-related stocks such as MicroStrategy and Coinbase also experienced gains.

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Newsbtc

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Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?

  • Ethereum's price has climbed above $3,400, signaling a potential push towards $4,000 and a new all-time high.
  • Positive funding rates for Ethereum futures indicate strong demand and bullish sentiment among investors.
  • However, elevated funding rates may suggest an overheated market and increased risk of liquidation.
  • Investors are advised to exercise caution and adopt strategies to mitigate potential risks.

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Crypto-News-Flash

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Coinbase Launches COIN50 Index: BTC, ETH, SOL, XRP, and DOGE Lead the Way

  • Coinbase has launched the COIN50 Index, which tracks the top 50 cryptocurrencies.
  • Bitcoin and Ethereum make up the majority of the index, accounting for over three-quarters of the COIN50.
  • The COIN50 Index is updated quarterly to accurately reflect market trends and provide a reliable performance benchmark.
  • Coinbase has also introduced COIN50 perpetual futures, expanding investment opportunities for institutional investors and eligible retail users.

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Crypto-News-Flash

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Ethereum’s ‘Beam Chain’ Proposal Aims to Revolutionize Consensus Layer—Impact on ETH?

  • Ethereum's 'Beam Chain' proposal aims to revolutionize the consensus layer with zk-SNARKs.
  • The proposal aims to improve speed, scalability, and security, making Ethereum more efficient and accessible.
  • The upgrade reduces block slots from 12 seconds to 4 and lowers the validator stake requirement from 32 ETH to 1 ETH.
  • Ethereum's price is on track for potential all-time highs with predictions of ETH reaching $10,000.

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Cryptonews

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‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow

  • The United States spot Ether exchange-traded funds (ETFs) have recorded their biggest day of inflows in history, with $294.9 million inflows on Nov. 11.
  • Fidelity Ethereum Fund (FETH) led with $115.5 million inflows, followed by iShares Ethereum Trust (ETHA) with $100.5 million inflows.
  • Ether (ETH) reached a 14-week high of $3,384, indicating its catching up with other competitors in the crypto market.
  • US spot Ether ETFs have accumulated nearly $3.1 billion in inflows since their launch in July.

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Crypto-News-Flash

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ETH Bullish Outlook: Can Ethereum Break Its Record After 30% Rise and Record ETF Inflows?

  • Ethereum (ETH) price surged to over $3,300, recording the highest value since July with a 30% rise in the past week.
  • Ethereum ETFs saw record inflows of $154.7 million, indicating increased institutional interest and a potential for a new ATH.
  • Ethereum's futures Open Interest (OI) reached an all-time high of $17.93 billion, signaling bullish momentum.
  • Technical analysis suggests a key resistance level at $3,300, while a sustained move above it may drive ETH to challenge its yearly high and strive for a new ATH.

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Cryptoslate

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Ethereum’s Beam Chain proposal promises streamlined staking and enhanced security

  • Ethereum researcher Justin Drake introduces the Beam Chain proposal for a consensus layer upgrade.
  • The Beam Chain aims to update Ethereum's consensus layer with advancements in blockchain technology.
  • It prioritizes faster finality, higher throughput, and reduced staking requirements.
  • The proposal also focuses on bolstering censorship resistance and enhancing security.

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TronWeekly

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Shiba Inu (SHIB) Rally Attracts Major Whale as Prices Surge By 60%

  • Shiba Inu (SHIB) has surged 60% in a week, reaching $0.00002803 with a $5.69B volume, attracting retail and institutional interest.
  • A SHIB whale has resurfaced and moved 100 billion tokens to Gemini exchange, potentially indicating profit-taking.
  • The whale's portfolio extends beyond SHIB, including Ethereum, Chainlink, and Loopring, showcasing a diversified approach.
  • Early investors and whale activity are contributing to the rise of meme coins like SHIB, shaping the future potential of this asset class.

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Bitcoinik

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Ethereum Foundation Unveils Plans for Ethereum 3.0, Sparking Major Bullish Sentiment for ETH

  • Justin Drake proposed a consensus layer upgrade called “Beam Chain” at the Devcon conference, dubbed “Ethereum 3.0”.
  • The upgrade aims to introduce faster block times, lower staking requirements, quantum security improvements for the Ethereum network.
  • Ethereum's native token, ETH, has seen a 3.6% increase in price over the past 24 hours and a 32% surge in the past 7 days.
  • Crypto analyst Titan of Crypto predicts ETH price could reach $5,700 as the target during this bull market phase.

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Crypto-News-Flash

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Ethereum Foundation Sells 100 ETH Again to Support Key Projects

  • The Ethereum Foundation sold 100 ETH for 334,315.7 DAI, marking the first substantial ETH sale since the release of its 2024 annual report.
  • These sales are necessary to cover running expenses and fund developers and researchers improving the Ethereum network.
  • ETH holders remain optimistic as Ethereum's Net Unrealized Profit/Loss (NUPL) statistic indicates confidence in ETH's future price trajectory.
  • Standard Chartered predicts ETH could reach $10,000 in a favorable regulatory environment, stimulating further investment in Ethereum.

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