A naukri.com initiative
Ethereum News
Newsbtc
3w
13
Image Credit: Newsbtc
Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH?
- Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support.
- ETH experienced a 15% correction, falling to $1,810 before recovering the $1,900 support.
- Some analysts suggest a potential 15% drop and compare the current performance to the 2016-17 cycle.
- Ethereum must close this month above the $2,237 mark to avoid its second-worst Q1 performance.
Read Full Article
Like
Blockonomi
3w
215
Image Credit: Blockonomi
Ethereum (ETH) Price: Can the $1,600 Support Zone Save ETH From Further Decline?
- Ethereum has fallen below its 2-year realized price of approximately $2,058, putting most investors underwater
- ETH is trading between $1,750-$2,000 with significant resistance at the $1,890 and $1,950 levels
- Only 47% of Ethereum holders remain in profit according to CryptoRank data
- Analysts suggest ETH may test support in the $1,600-$1,800 range before any potential rebound
Read Full Article
12 Likes
NullTX
3w
158
Image Credit: NullTX
Whale Sell-Off Sends Shockwaves Through Ethereum Market: 47,756 ETH Deposited to CEXs in 24 Hours
- A significant amount of Ethereum (ETH) has been moved by four large crypto whales from wallets to centralized exchanges, raising concerns about a potential sell-off.
- The total transfer involved 47,756 ETH (approximately $89.53 million) over a span of 24 hours, indicating a shift of funds towards exchanges from OTC markets or private wallets.
- The transfers to platforms like Coinbase, Binance, and Wintermute have sparked discussions within the Ethereum community about the intentions of these whales.
- Analysts speculate that these massive deposits could signal upcoming sell-offs, potentially impacting ETH's price movements in the near future.
- The recent influx of ETH into centralized exchanges has led to concerns among traders and investors about potential market volatility and price drops.
- Large deposits of cryptocurrencies into exchanges historically hint at impending trades or sales, causing market participants to anticipate significant price movements.
- Whales strategically moving ETH could be aiming to secure profits amidst market uncertainties, prompting reactions and speculation within the crypto community.
- By transferring large amounts of ETH, whales influence market sentiment, causing smaller traders and investors to react swiftly, impacting price dynamics.
- The uncertainty surrounding whale activities and ETH movements to CEXs has heightened market volatility, with traders closely monitoring developments for price cues.
- The ETH market is experiencing fluctuations due to whale actions, leading to debates on potential price manipulation and the broader implications for the cryptocurrency.
Read Full Article
9 Likes
NullTX
3w
223
Image Credit: NullTX
Ethereum Faces Market Struggles: Profitability Declines and Challenges Mount
- Ethereum is facing challenges impacting its value and profitability, with only 47% of holders currently in profit at a $1,900 price point.
- The fluctuating profitability of Ethereum addresses indicates a mixed picture for the cryptocurrency's performance.
- Comparison with other major cryptocurrencies like TRX, OM, BGB, and BTC reveals varying degrees of gains for holders.
- Ethereum is experiencing a decline against Bitcoin, reaching a 5-year low in terms of price against BTC.
- Concerns arise over Ethereum's revenue generation model and its ability to keep up with emerging trends and competition.
- Solana emerges as a strong competitor to Ethereum, showcasing better scalability and performance in the DeFi space.
- Internal disputes within the Ethereum Foundation raise doubts about the platform's long-term viability and transformative potential.
- The continuous outflows from Ethereum spot ETFs suggest waning investor confidence in Ethereum's ability to deliver strong returns.
- Ethereum's challenges highlight the need for the platform to address scalability, high fees, innovation, and attract investor confidence to maintain its position in the blockchain space.
- Institutional investors are showing signs of shifting away from Ethereum towards blockchain networks offering better growth potential and performance.
Read Full Article
13 Likes
Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
Cboe Moves to Bring Staking to Fidelity Ethereum ETF
- Cboe BZX Exchange has filed a proposal to allow staking in the Fidelity Ethereum ETF.
- The proposal aims to enable big investment funds to join the Ethereum ecosystem through staking without running their own infrastructure.
- Regulatory changes under Mark Uyeda may improve prospects for staking-enabled ETFs, aligning traditional finance with Ethereum's proof-of-stake model.
- If approved, the Fidelity Ethereum ETF could be one of the first financial products combining ETF advantages with Ethereum staking.
Read Full Article
3 Likes
Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
ETH News: Fidelity Files for Ethereum ETF Offering Staking Rewards
- Fidelity has filed for an Ethereum ETF that includes staking rewards, potentially increasing demand for ETH and attracting new investors.
- If approved, Fidelity's initiative could set a precedence for other asset managers to offer staking-based ETFs.
- The regulatory landscape appears to be more crypto-friendly, with the new US administration showing a deliberate tilt towards crypto assets.
- The integration of staking into ETFs could attract new investors, enhance returns, and potentially drive up demand for Ethereum.
Read Full Article
3 Likes
Cryptopotato
3w
39
Image Credit: Cryptopotato
Peter Schiff’s Time to Shine: Bitcoin Bashing Fiesta as Price Dips to $77K
- Bitcoin (BTC) and Ethereum (ETH) experienced price dips, with BTC reaching a four-month low and ETH hitting a 17-month low.
- Peter Schiff, a known Bitcoin critic, took the opportunity to mock crypto holders and suggested that many crypto millionaires might need to find jobs.
- Schiff also called for the ouster of MicroStrategy's Executive Chairman, Michael Saylor, criticizing the company's Bitcoin acquisition plan.
- Schiff criticized Ethereum and its spot exchange-traded funds (ETFs), noting their significant decline in value since launch.
Read Full Article
2 Likes
Bitcoinist
3w
162
Image Credit: Bitcoinist
Is Ethereum Foundation’s 30,000 ETH Really At Risk? Here’s The Truth
- Ethereum (ETH) has experienced a significant drop in price, falling 53% from its December peak.
- A transaction flagged by Lookonchain raised concerns of a possible liquidation risk for the Ethereum Foundation (EF).
- Further analysis from Arkham Intelligence suggests that the wallet involved is most likely that of an early ETH investor rather than the Foundation itself.
- At the moment, there is no official evidence linking the vault to the Ethereum Foundation, and rumors of an EF liquidation appear to be unfounded.
Read Full Article
9 Likes
Cryptonews
3w
346
Image Credit: Cryptonews
Crypto ETF Update: Ethereum Staking Rewards Coming amid XRP Filing by Franklin Templeton
- Cboe BZX has proposed allowing Fidelity’s Ethereum Fund (FETH) to stake its ETH, potentially offering the 3.3% APR staking rewards to ETF holders pending SEC approval.
- Franklin Templeton has filed for an XRP ETF on the Cboe BZX Exchange, joining other applications that Bloomberg analysts give a 65% chance of approval despite SEC legal disputes.
- The SEC recently delayed decisions on multiple crypto ETFs including the Canary and Grayscale XRP ETFs as well as the 21Shares ETH staking application, with new deadlines extending to May.
- Bitwise has launched the Bitcoin Standard Corporations ETF (OWNB) tracking companies with significant Bitcoin holdings, featuring Michael Saylor’s MicroStrategy as its largest component.
Read Full Article
20 Likes
Bitcoinist
3w
175
Image Credit: Bitcoinist
Ethereum Tests Critical MVRV Levels – Failure to Hold $2,060 Could Send ETH To $1,440
- Ethereum's price dropped below $2,000, reaching its lowest point since October 2023.
- The broader crypto market downturn and selling pressure have put Ethereum in a vulnerable position.
- Ethereum is testing key support levels below $2,000, and failure to stabilize could lead to further selling and a potential drop to $1,440.
- If Ethereum can hold above $2,060, it may have a chance to stabilize and attempt a recovery, but the market remains uncertain.
Read Full Article
10 Likes
TronWeekly
3w
395
Image Credit: TronWeekly
Cboe Seeks SEC Approval for Staking in Fidelity’s Ethereum ETF”
- Cboe BZX Exchange has filed a proposal with the SEC to allow staking for Fidelity Ethereum Fund.
- The proposal aims to enhance returns for investors by allowing the fund to stake its Ethereum holdings.
- If approved, Fidelity's Ethereum Fund would be one of the first U.S. ETFs to incorporate staking.
- This move could attract more investors seeking passive returns from Ethereum's growing ecosystem.
Read Full Article
23 Likes
Livebitcoinnews
3w
390
Image Credit: Livebitcoinnews
Deutsche Boerse Set to Launch Bitcoin Ether Custody Service
- Germany's Deutsche Boerse is set to launch institutional custody and settlement services for Bitcoin and Ethereum.
- The program will be spearheaded by Deutsche Boerse's trading segment Clearstream, providing regulated and secure solutions for institutional customers.
- Clearstream plans to expand into staking, lending, and brokerage services in the future.
- This move signifies growing institutional confidence in cryptocurrencies and reflects the trend of fast-tracked institutional crypto adoption, both in Europe and the U.S.
Read Full Article
23 Likes
Newsbtc
3w
215
Image Credit: Newsbtc
Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory
- Ethereum and Dogecoin lead the losses among large-cap digital assets as the cryptocurrency market faces a decline.
- Ethereum's market cap has dropped approximately 7.8% due to investor caution and ongoing bearish sentiments.
- Dogecoin has experienced steep losses in both value and market cap, reflecting a deep correction of 16.8% in the last seven days.
- Analysts confirm that Bitcoin has entered bear market territory as it faces decreasing momentum, based on the Elliott Wave Theory.
Read Full Article
12 Likes
TheNewsCrypto
3w
386
Image Credit: TheNewsCrypto
Ethereum Whales Scramble to Secure Loans Amid Market Bloodbath
- Ethereum (ETH) has plunged 18% from $2,150 to as low as $1,750.
- Large ETH holders face liquidation risks amid the downturn.
- Some whales have injected millions in collateral to avoid liquidation.
- Ethereum whales take aggressive measures to safeguard their holdings.
Read Full Article
23 Likes
Livebitcoinnews
3w
210
Image Credit: Livebitcoinnews
Mysterious Attack on Pectra Upgrade Delays Mainnet Launch
- Unknown attacker exploited the Pectra upgrade on Sepolia testnet, resulting in empty block mining.
- Developers implemented a private fix to counter the attack and resumed full block production.
- The incident did not impact Ethereum's mainnet, but developers have postponed the mainnet launch of the Pectra upgrade for further testing and debugging.
- Ethereum's market is struggling, with a decrease in Ether's value and significant outflows from exchanges.
Read Full Article
12 Likes
For uninterrupted reading, download the app