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Ethereum News

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Newsbtc

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Ethereum To $10,000: Analyst Reveals Mid & Long-Term ETH Targets

  • Analyst predicts mid-term target for Ethereum at $6,000 and long-term target at $10,000 based on Ascending Parallel Channel pattern.
  • Ethereum has been consolidating within an Ascending Channel on the weekly price chart.
  • The coin successfully found support at the lower level of the channel and experienced a bullish rebound.
  • If Ethereum can overcome resistance, it may rally towards the mid-term target of $6,000 and long-term target of $10,000.

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Bitcoinist

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South Korean Crypto Exchanges Hit Record-Breaking $34 Billion Volume Following Market Shakeout

  • South Korean crypto exchanges experienced a record-breaking daily trading volume following a market shakeout.
  • Bitcoin, Ethereum, and XRP saw significant price drops in South Korean exchanges after the declaration of emergency martial law.
  • Whales deposited over 163 million USDT to Upbit, indicating potential buying opportunities.
  • Despite the initial drop, most cryptocurrencies have recovered and are trading above pre-martial law levels.

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Cryptonews

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Ethereum ETFs Surge with Robust Inflows, Signalling Market Turnaround

  • US Ethereum ETFs have reported over US$700 million in inflows, indicating a market turnaround.
  • The inflows align with the rise in ETH prices, boosting the growth of the ETFs.
  • BlackRock's iShares Ethereum Trust leads in asset accumulation among the ETFs.
  • A pending change in SEC leadership could further enhance altcoin ETF prospects.

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Coinpedia

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Ethereum Price Prediction (Dec 5th 2024)

  • Ethereum's price forms a rising channel pattern, breaking resistance at $3,700 and suggesting further upside potential.
  • Bullish technical indicators such as MACD crossovers and positive alignment of EMAs support the ongoing bullish trend.
  • Resistance-turned-support at $3,750 is critical for supporting Ethereum's price action.
  • Ethereum's price is trading at $3,829 and is likely to surpass its current 52-week high and challenge the overhead resistance trendline near $4,100.

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TronWeekly

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Explosive Growth: Ethereum Targets $6K Amid Strong ETF Inflow

  • Ethereum ETFs recorded $133M inflows in 7 days, indicating strong investor interest.
  • Fidelity and BlackRock led the inflows with their Ethereum ETFs, boosting the market.
  • Analysts predict a mid-term target of $6K for Ethereum as a Golden Cross approaches.
  • Investors are looking for Altseason opportunities amid Ethereum's bullish signals.

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TechBullion

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Ethereum: The Foundation of the Blockchain Revolution

  • Ethereum remains a cornerstone of the blockchain ecosystem, distinguishing itself through versatility and technological innovations.
  • The Ethereum blockchain powers over 70% of the decentralized finance sector and hosts over 80% of NFT projects.
  • Ethereum's ongoing shift to a Proof-of-Stake mechanism under Ethereum 2.0 reinforces its adaptability and sustainability.
  • Despite competitors, Ethereum remains the most in-demand blockchain for developers, with a stable network effect and active community support.

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Dev

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Formal Verification: Bridging Theory and Practice

  • The Solidity compiler's move to the Via-IR pipeline introduces Yul as a universal intermediate representation, bridging the gap between Solidity and the EVM bytecode.
  • The modular nature of the Via-IR pipeline allows independent analysis and verification of transformations, ensuring correctness and gas efficiency.
  • The formalization of Yul's semantics provides a rigorous definition of behavior, enabling precise reasoning and enhancing contract resilience.
  • The combination of formal verification with practical testing balances mathematical rigor and real-world challenges, ensuring secure and efficient smart contract development.

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TronWeekly

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Ethereum Wallets 2.0: Vitalik Buterin’s Roadmap for Security and Privacy

  • Vitalik Buterin's vision for Ethereum wallets focuses on usability, security, privacy, and advanced technologies.
  • Innovations include multi-signature recovery, zk-SNARK-based privacy tools, and AI-driven intelligent interfaces.
  • Future wallets aim to simplify cross-L2 transactions and enhance security with decentralized protocols.
  • Ethereum wallets hold the promise of a future where accessibility and robust defense drive widespread blockchain adoption.

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Newsbtc

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Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time

  • The Ethereum price is about to confirm a golden cross on the daily time frame.
  • A golden cross occurs when a short-term moving average crosses a long-term moving average, indicating a long-term upward trend.
  • The last time Ethereum confirmed a golden cross, it rallied from $1,800 to $3,600 earlier this year.
  • Analysts predict that Ethereum could rally to as high as $8,000 and surpass its all-time high of $4,800.

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Medium

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Retardino’s Revolution: Exclusive Sale, Game-Changing Tokenomics, and Visionary Developments

  • Retardino team is actively seeking partnerships and developing updates for the game.
  • Public Sale approaching, unveiling Tokenomics and rewarding participants of the Private Sale.
  • Recent developments include new features, partnerships, and upcoming events.
  • DINO EGGS NFTs are integral to the game, allowing players to mine #WFOSSIL tokens and progress.

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Hackernoon

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This New Tool Claims to Help Identify Ethereum Phishing Gangs

  • A recent study conducted at Sun Yat-sen University sheds light on Ethereum phishing gangs.
  • Phishers exploit Ethereum's pseudonymous and decentralized structure to steal funds.
  • Researchers have developed a tool called PGDetector to identify and track Ethereum phishing gangs.
  • PGDetector analyzes transaction data to detect patterns of fraud and uncover the full extent of these networks.

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TheNewsCrypto

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Ethereum (ETH) Breaks Out and Eyes $4K Resistance

  • Ethereum (ETH) has crossed into the $3.7K zone and is eyeing the $4K resistance.
  • The ETH price is steadily holding at $3.7K, with analysts predicting a December rally to $4,000.
  • Ethereum has observed a liquidation of $44.53 million worth of assets and has reached a trading volume of $44.53 billion.
  • The altcoin's daily frame displays positive market sentiment with the MACD line above the signal line and the CMF indicator suggesting positive money flow within the ETH market.

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Hackernoon

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WorldID on Gnosis? This Cross-Chain System Makes It Happen

  • Gnosis's Arbitrary Message Bridge (AMB) is a cross-chain messaging system composed of smart contracts and external validators.
  • This system can be used to transfer messages between Gnosis and another external chain in a highly reliable manner.
  • The AMB contract's requireToPassMessage method is used to send a message from an external chain to Gnosis.
  • The method requires the address of the target contract on Gnosis, along with the method to invoke and its parameters.
  • After the message is sent, the AMB emits a UserRequestForAffirmation event, which is monitored by the bridge validators.
  • If 50% of the validators agree, the AMB sends the data to the target contract on Gnosis and invokes the specified method.
  • The AMB solution can be used for simple state transfers as well as more complex token transfer implementations.
  • Gnosis's own OmniBridge token bridge solution is also built on the AMB.
  • Implementing cross-chain messaging can be done with a MessageSender contract on one chain and a MessageReceiver contract on the other.
  • Transferring assets, such as ERC20 tokens, between different chains is a typical example where AMB can be applied.

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TronWeekly

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Ethereum Poised for $4,000 Breakout as Analysts Predict Major Rally

  • Ethereum remains steady at $3,700, with potential to climb to $4,000 soon.
  • Analyst IncomeSharks observes ETH's daily support levels holding firm at $3,200.
  • Analyst Ali Martinez sets mid-term and long-term price targets for ETH at $6,000 and $10,000, respectively.
  • Ethereum's chart patterns signal optimism, with a potential breakout leading to explosive growth.

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Coinpedia

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Ethereum Price Prediction: Golden Cross Could Lead to a 200% Surge!

  • Ethereum has experienced a golden cross as its 50-day SMA touches its 200-day SMA.
  • Golden cross signals explosive growth, as seen in previous instances.
  • Ethereum's outperformance of Bitcoin and declining BTC dominance suggest the start of an Alt Season.
  • Experts predict a 2x growth for Ethereum in the near future, which could kick-start the Alt Season.

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