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Ethereum News
Hackernoon
2d
120
Image Credit: Hackernoon
The HackerNoon Newsletter: Why Does ETH 3.0 Need Lumozs ZK Computing Network? (12/22/2024)
- ETH 3.0 needs Lumoz's ZK Computing Network.
- Mailbird, the email client, is now available for Mac.
- Bulk quick image upload is helpful for e-commerce sites.
- Block-STM and Sealevel are compared for parallel execution engines.
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7 Likes
Newsbtc
2d
117
Image Credit: Newsbtc
Ethereum Accumulation Address Holdings Surge By 60% In Five Months – Details
- The balance of Ethereum Accumulation Addresses has surged by 60% from August to December, boosting their portion of ETH supply from 10% to 16%.
- This increase in Ethereum HODL wallets' holdings is attributed to investors' bullish expectations of the incoming Donald Trump administration in the US.
- The Accumulation Addresses are considered a measure of long-term investment and confidence in Ethereum.
- Despite recent price falls, Ethereum remains positive in the long-term with a market cap of $401 billion.
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Newsbtc
2d
352
Image Credit: Newsbtc
Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows
- The Ethereum price has dropped over 12% in recent weeks.
- The decline in Ethereum price is attributed to the US Federal Reserve rate cut and the decreasing investor interest in spot Ethereum exchange-traded funds (ETFs).
- Spot ETH ETFs experienced net outflows of $75.11 million on December 20, breaking their 18-day streak of positive inflows.
- While most Ethereum ETFs recorded negative performances, BlackRock's Ethereum Fund was the only one with outflows, while Fidelity's Ethereum Fund and Grayscale's Ethereum Trust registered positive inflows.
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Newsbtc
2d
74
Image Credit: Newsbtc
Ethereum Whales Bought $1 Billion ETH In The Past 96 Hours – Details
- Ethereum whales have accumulated over $1 billion worth of ETH in the past 96 hours, indicating long-term value amidst short-term uncertainty.
- Increased whale activity often precedes strong rallies, suggesting a potential recovery for ETH.
- Whale-driven demand implies a significant price surge may be expected in the coming weeks and reinforces Ethereum's dominance.
- Ethereum holds above the critical 200-day moving average, indicating a bullish structure despite recent volatility.
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TronWeekly
2d
227
Image Credit: TronWeekly
Unstoppable Crypto Trends: Bitcoin Surges, Memecoins, and DeFi Thrives in 2024
- Bitcoin dominance reaches a three-year peak, driven by ETFs and institutional interest.
- Memecoins experience a massive surge, growing their market caps by over 400%.
- DeFi sees a strong revival with increased trust and capital flowing back into the space.
- Ethereum faces scaling challenges and an identity crisis, while DeFi gains regulatory clarity for future growth.
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TechBullion
2d
35
Image Credit: TechBullion
Ethereum Aims for $6K as XYZVerse Prepares to Shake Up the Meme Market With 16,900% Growth
- Whispers of Ethereum reaching a remarkable $6,000 are stirring excitement among investors.
- XYZVerse is set to disrupt the meme coin scene with an astonishing projected growth of 16,900%.
- Donald Trump’s election victory triggers a bull run in the crypto market, with meme coins stealing the show.
- The $XYZ token emerges as a strong contender, targeting a 99,900% surge and appealing to sports and crypto enthusiasts.
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Bitcoinist
2d
322
Image Credit: Bitcoinist
Ethereum Gears Up For A Recovery Toward $3,659 – Time To Buy?
- Ethereum is experiencing a recovery and approaching the $3,659 resistance level, signaling potential for further gains.
- The recent rebound near the $3,051 support zone showcases Ethereum's strength and bullish sentiment.
- Monitoring ETH's ability to sustain upward momentum and breach key resistance levels is important for confirming its recovery.
- Key resistance levels to watch are $3,659, $4,100, and $4,863, while failure to overcome these may lead to consolidation or a pullback.
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TechBullion
3d
194
Image Credit: TechBullion
Ethereum Set to Eclipse Solana by 2025 – Next Big Crypto to Watch?
- Solana is rising to challenge Ethereum as the top ecosystem for decentralized applications.
- Rollblock, an iGaming platform, rivals Ethereum and Solana in terms of potential gains.
- Solana is posting impressive numbers in terms of on-chain activity, active wallets, and trading volume.
- Experts believe Rollblock is a promising investment option due to its solid fundamentals and potential for significant returns.
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Dev
3d
290
Image Credit: Dev
A Walkthrough of Solidity Custom Errors
- Solidity introduced custom errors in version 0.8.4 to optimize gas and improve error message readability.
- Custom errors reduce gas consumption and allow for structured errors with parameters, making debugging easier.
- Using a custom error can save gas costs significantly compared to using require with a string error message.
- Custom errors are defined using the error keyword at the contract level and can be accessed through the transaction's revert reason.
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17 Likes
TheNewsCrypto
3d
346
Image Credit: TheNewsCrypto
Crypto Market Overview 2024: Historic Bull Runs and Market Twists
- In January, the SEC approved 11 Bitcoin ETFs, making crypto investing easier for people who don’t want to directly own it.
- Telegram introduced tap-to-earn games in 2024, which could change Web3 gaming by making it easier for people to join without financial risks.
- Bitcoin reached a record-breaking all-time high of $73,097 in March 2024, fueled by rising adoption of Bitcoin ETFs.
- AI tokens are rapidly gaining attention in the crypto industry through technology like Sora creating hyper-realistic videos from text prompts.
- Bitcoin's halving event on April 19th 2024 caused market activity with users spending over $2.4m in fees for transactions.
- WazirX, an Indian crypto exchange faced a major cyberattack in July 2024, losing $235m.
- The market crash in August 2024 was driven by a combination of factors, primarily the unexpected rate hike by the Bank of Japan and a concerning US job report.
- Token2049, at Singapore’s Marina Bay Sands on September 18-19, 2024, is shaping up to be one of the biggest global events in crypto and Web3.
- Donald Trump's victory in November 2024 sparked optimism among investors and fuelled expectations of a more favorable environment for digital assets and further driving market confidence.
- Federal Reserve Chair Jerome Powell's comments regarding interest rate cuts and Bitcoin dampened investor confidence in December 2024.
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20 Likes
NullTX
3d
334
Image Credit: NullTX
Whale Activity And Market Declines Drive Ethereum Volatility
- Crypto whales have sold Ethereum (ETH) to cover debts.
- The Ethereum Foundation sold 100 ETH, coinciding with a 17% drop in price.
- Prominent traders experienced losses as the market declined.
- The Ethereum spot ETF saw a net outflow of $60.47 million.
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20 Likes
TheNewsCrypto
3d
159
Image Credit: TheNewsCrypto
Why Is Ethereum Facing Multiple Rejections at $4,000?
- Ethereum has faced repeated rejections at $4K in 2024 despite occasional bounces.
- Ethereum is rejecting at $4K due to market uncertainty, profit-taking, and strong resistance.
- 24-hour technical indicators suggest a neutral to slightly bearish outlook.
- The SEC has approved the first-ever Bitcoin and Ethereum dual exchange-traded fund (ETF), offering institutional investors an easier way to gain exposure to the two largest cryptocurrencies.
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9 Likes
Bitcoinist
3d
310
Image Credit: Bitcoinist
SEC Greenlights First Hybrid Bitcoin And Ethereum ETFs From Franklin Templeton, Hashdex
- The US Securities and Exchange Commission (SEC) has approved the first-ever dual Bitcoin and Ethereum index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex.
- Both ETFs will hold spot BTC and ETH in proportions reflecting their respective market capitalizations, with an 80:20 ratio favoring Bitcoin.
- The ETFs may potentially include other cryptocurrencies in the future, pending regulatory approval.
- These approvals indicate the growing acceptance and demand for regulated crypto ETFs in the US and other countries.
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Coinpedia
3d
107
Image Credit: Coinpedia
Ethereum Price Analysis: Here’s Why ETH Can’t Break the $4,000 Barrier
- Repeatedly rejected at the $4000 level, ETH recently dipped significantly, despite a slight recovery.
- Low trader interest, declining ETF inflows, and negative futures premiums suggest limited bullish momentum.
- Concerns about high supply, Bitcoin's dominance, and recent sell-offs create uncertainty for Ethereum's future.
- While a short-term rebound is possible, breaking through the $4000 barrier remains a challenge for Ethereum.
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6 Likes
Cryptoslate
3d
112
Image Credit: Cryptoslate
Coinbase believes tokenization, DeFi will be key themes in 2025 amid pro-crypto policies
- Coinbase identifies tokenization, DeFi resurgence, and pro-crypto regulation as key trends for 2025.
- The exchange anticipates favorable regulatory shifts in the US, transforming obstacles into catalysts for industry growth.
- Tokenization of real-world assets (RWA) is projected to reach between $2 trillion and $30 trillion in the next five years.
- Decentralized finance (DeFi) is transitioning to a more mature phase, driven by regulatory changes and growing adoption.
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