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Ethereum News

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Newsbtc

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This Crypto Analyst Correctly Predicted XRP Price Crash Below $2, Here’s The Rest Of The Forecast

  • A crypto analyst predicts XRP price will dump below $2, indicating a potential crash to $1.5 or even $1.2.
  • The analyst identifies a bearish Head and Shoulder pattern on the XRP daily chart, signaling a potential price breakdown.
  • However, if XRP consolidates near $2 without breaking lower, a strong rebound and a rally toward $5 could follow.
  • Amid the market downtrend, an XRP whale buys over 167 million XRP, valuing at $368.4 million, taking advantage of the dip.

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Coinpedia

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Ethereum Price Prediction: Can ETH Recover After ETF Outflows?

  • Ethereum (ETH) price has dropped more than 54 percent since December 2024.
  • The Ethereum network has experienced a cash outflow of nearly $200 million in the past three weeks.
  • An Ether whale caused Hyperliquidity Provider (HLP) to lose $4 million in the past 24 hours.
  • Ethereum's price faces further midterm selloff towards $1.5k unless a V-shaped reversal happens.

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Coinpedia

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Ethereum Stuck in a Bear Trap, New ATH Above $5000 May be on the Horizon

  • The Ethereum price remains accumulated within a narrow range, hinting at the possibility of excess price compression.
  • However, the current market dynamics suggest a diverse price action, making it difficult to predict if the price will reach a new ATH above $5000.
  • The historical price pattern of Ethereum indicates the price is close to a complete bearish exhaustion phase, with RSI nearing the lower threshold.
  • If the price tests the local support at $1580, a strong rebound is expected, potentially leading to a new ATH above $5000.

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Cryptonews

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ETH Price Plummets as Testnet Issues Threaten Pectra Upgrade

  • Ethereum's price has fallen by over 15% in the past week and 52% annually.
  • The upcoming Pectra upgrade could potentially increase Ethereum's fundamentals and drive ETH price to new highs.
  • Testnet issues are currently delaying the mainnet launch of the Pectra upgrade, raising concerns about increased volatility for Ethereum.
  • Industry observers warn that Ethereum is losing its position as the go-to chain for builders, and Pectra may not be the solution to its deeper issues.

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Bitcoinist

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Ethereum Poised For A Strong Comeback: Key Oversold Zone Hints At A Potential Breakout

  • Ethereum is facing bearish pressure, but it might be nearing a crucial moment for a potential upward surge.
  • An analyst suggests that Ethereum entering the oversold zone could indicate a trend reversal and pave the way for a new rally.
  • Historical data and previous trends support the expectation of a significant recovery and a move towards new all-time highs, possibly targeting $11,500.
  • Ethereum's current price action indicates a bearish movement, with key support levels at $2,060 and $1,440 being crucial for its next move.

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TronWeekly

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21Shares Slashes Fees, Lists Bitcoin Ethereum ETP on Xetra

  • 21Shares has lowered the management fees for its Bitcoin Ethereum Core ETP (ABBA) and listed it on the Xetra exchange. The fee reduction to 0.49% aims to make cryptocurrency investments more affordable for investors. This strategic move strengthens 21Shares’ market presence while improving accessibility to cryptocurrency investments.
  • 21Shares has reduced the management fee for ABBA, making Bitcoin investment more cost-effective. The new 0.49% fee structure offers investors a more affordable entry into the cryptocurrency market. Lower costs may attract more institutional and retail investors amid growing interest in digital assets.
  • Including ABBA on Xetra strengthens Ethereum’s presence in traditional financial markets. The listing increases liquidity and accessibility for European investors seeking exposure to Ethereum. As a leading exchange, Xetra enhances confidence in cryptocurrency investments.
  • The Xetra listing marks a significant step in 21Shares’ expansion strategy. The move increases ABBA’s visibility and availability across European financial markets. This decision aligns with the company’s goal of strengthening its presence in regulated markets.

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Newsbtc

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This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time?

  • Ethereum's price has dipped below $2,000 for the first time since December 2023, causing a decline in bullish sentiment.
  • The monthly Relative Strength Index (RSI) on the Ethereum CME Futures chart has reached its lowest level on record, surpassing the readings from the 2022 bear market.
  • The current drop in RSI could indicate strong selling momentum or a potential hidden bullish divergence, similar to previous instances when Ethereum found a bottom and started an uptrend.
  • The Stochastic oscillator also indicates a deeper bearish phase for Ethereum, with potential for months of stabilization before a recovery.

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Livebitcoinnews

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Starknet Becomes First L2 to Unify Bitcoin and Ethereum

  • Starknet has made history by becoming the first Layer 2 solution to settle transactions on both Bitcoin and Ethereum.
  • Starknet improves Bitcoin capabilities through Ethereum integration, providing faster and cheaper transactions.
  • Starknet addresses the challenges of slow processing times and restricted application capabilities on Bitcoin.
  • Starknet ensures that Bitcoin remains secure and decentralized while offering enhanced transaction processing capabilities.

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TheNewsCrypto

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Altcoins Under Pressure: Solana, Dogecoin, and Ethereum Face Critical Levels

  • Solana nears a death cross, struggling below $150 with potential drops to $110 or $100.
  • Dogecoin risks falling below $0.14, possibly declining to $0.10–$0.12.
  • Ethereum breaks $2,000 support, signaling bearish momentum and further losses.
  • Solana, Dogecoin, and Ethereum face critical levels and are under bearish pressure.

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Cryptoticker

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Ethereum Price Prediction: Will ETH Survive the Market Sell-Off?

  • Ethereum price has been experiencing significant downward pressure, trading at $1,887.
  • Ethereum faces challenges due to macro uncertainty, regulatory concerns, and decreased investor confidence.
  • Ethereum's RSI is in oversold territory, indicating a potential bounce, but the MACD remains negative.
  • In the short term, Ethereum must hold key support levels to confirm a bullish reversal.

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Zycrypto

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Ethereum Foundation Suspected of Secretly Transferring 30,098 ETH, Community Members Dispute Claim

  • Controversy arose when a transaction of 30,098 ETH was deposited into the lending platform Sky, sparking speculation about the Ethereum Foundation's involvement.
  • Several community members disputed the claim, stating that the wallet address used was associated with an early Ethereum investor, not the Ethereum Foundation.
  • The Ethereum Foundation has faced scrutiny for swapping ETH for stablecoins to pay salaries, leading to suggestions that they could be borrowing stablecoins to repay loans with ETH.
  • While the wallet address did receive a transfer from the Ethereum Foundation's ETH sale in 2022, it is more likely linked to an early ETH investor rather than the Foundation itself.

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Crypto-News-Flash

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Deutsche Boerse Unit to Provide Institutional Bitcoin & Ethereum Custody

  • Deutsche Börse's subsidiary, Clearstream, plans to provide institutional Bitcoin and Ethereum custody in Europe.
  • Clearstream aims to offer secure and compliant custody solutions for institutional investors starting from April.
  • The custody services will be provided through Deutsche Börse's Digital Custody unit, which was established following the acquisition of Crypto Finance AG.
  • The demand for Bitcoin among institutions is increasing, with 164 entities holding BTC and major financial institutions establishing strategic Bitcoin reserves.

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TheNewsCrypto

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Starknet Plans to Bridge Bitcoin and Ethereum on Single Layer 2 Network

  • Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum.
  • StarkWare recently established a Bitcoin strategic reserve.
  • Starknet aims to become the first layer 2 network to unify Bitcoin and Ethereum.
  • Starknet's plans are supported by Ethereum co-founder Vitalik Buterin.

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TheNewsCrypto

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Ethereum Traders Are Loading Millions of Ozak AI Tokens—At $0.003 $OZ Is Not a Big Risk!

  • Ethereum traders are showing interest in Ozak AI tokens, viewing the presale price as attractive for entry.
  • Ozak AI utilizes AI with a decentralized structure, incorporating DePIN technology for data storage and real-time processing.
  • The presale has seen strong investor engagement, with over 162,704,601 $OZ tokens sold and more than $900,000 raised.
  • Ozak AI offers practical applications in financial markets, providing real-time insights, predictive modeling, and secure transactions.

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Cryptopotato

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These Are the Crypto Assets Everyone is Talking About Right Now

  • Bitcoin (BTC), Starknet (STRK), ether (ETH), Tether (USDT), Grok (GROK), and USD Coin (USDC) are recording the highest rises in social media discussions.
  • Bitcoin (BTC) is the most discussed cryptocurrency due to its price fluctuations and importance in financial systems.
  • Starknet (STRK) is trending due to a program announced by Strategy to raise $21 billion involving its preferred stock, STRK, to acquire more BTC.
  • Ether (ETH), Tether (USDT), Grok (GROK), and USD Coin (USDC) are also being widely discussed in the crypto community.

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