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Ethereum News
Cryptoslate
4w
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Image Credit: Cryptoslate
XT Exchange assures users after $1.7 million asset theft disrupts services
- XT Exchange has suspended all coin withdrawals after confirming an abnormal transfer of assets from its platform.
- About $1 million worth of assets in 12 different currencies was affected.
- The attacker allegedly swapped the stolen assets for 461.58 ETH, valued at approximately $1.66 million.
- XT Exchange assured users that their assets were unaffected and announced plans to enhance transparency and security.
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Coinpedia
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Image Credit: Coinpedia
Ethereum Name Service Price Soars 50%! ENS Price Eyes To Hit $40?
- The Ethereum Name Service (ENS) price has soared approximately 45% and reclaimed the $35 mark.
- The altcoin has recorded a 314.64% surge in its daily trading volume and has returned to the top 100 cryptocurrencies by market cap.
- Technical indicators, such as the EMA 50/200-day Golden Cross and a bullish RSI, suggest that the ENS price may continue to rise.
- If the bullish momentum persists, the price could potentially reach $40 and even $50 as resistance levels.
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Blockonomi
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243
Image Credit: Blockonomi
ETH Price Surges Past $3,600: Ethereum (ETH) Shows Strength in Latest Market Move
- Ethereum surged over 10% in 24 hours, outpacing Bitcoin’s 4.4% gain
- Trading volume reached $47.87 billion with Binance, Digifinex, and Bybit leading
- ETH is trading around $3,647, still about 25% below its all-time high of $4.8K
- $56.5 million in liquidations occurred, with $47.73 million from short positions
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TheCryptoBasic
4w
79
Image Credit: TheCryptoBasic
As Ethereum Breaks Five-Month High, Analyst Says ETH is Headed for $6,000
- Ethereum breaks a multi-month high of $3,600, increasing chances of reaching $4,000.
- One analyst maintains a price target of $6,000 for Ethereum.
- Technical indicators show a bullish viewpoint on Ethereum's price trend.
- Immediate resistance for Ethereum is at $4,091, while support levels are at $3,300 and $3,000.
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TheCryptoBasic
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310
Image Credit: TheCryptoBasic
Expert Says Ethereum Ascending Price Channel Could Push ETH to $6K-$10K
- Analyst Ali Martinez predicts Ethereum could reach $6,000 in the mid-term and $10,000 in the long term.
- Ethereum has broken through key resistance levels, sparking investor interest.
- Other analysts also forecast significant potential for Ethereum, with price targets ranging from $10,000-$15,000.
- Large Ethereum holders continue to accumulate, strengthening bullish sentiment.
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TheNewsCrypto
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221
Image Credit: TheNewsCrypto
Are ETH Bulls Back on Track to Hit $4K?
- Ethereum surges to a five-month high of $3,687 and trades at $3,620, showing a 7% increase in the past 24 hours.
- Technical analysis suggests potential for Ethereum to break resistance levels at $3,650 and $3,720, pushing towards $4,000.
- On-chain metrics indicate bullish possibilities with Ethereum futures open interest hitting an all-time high of $21.22 billion.
- With increased whale activity and a dip in Bitcoin dominance, analysts predict further rally for Ethereum towards $4,000 and beyond.
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Tokenhell
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385
6 Things to Tell Your Crypto-Curious Relatives During Thanksgiving
- Bitcoin reached a new all-time high of $99,574 before retracing
- ETFs have made cryptocurrency investments more accessible
- Crypto could thrive under Donald Trump's presidency
- Elon Musk will co-lead the Department of Governmental Efficiency (D.O.G.E)
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Cryptonews
4w
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Image Credit: Cryptonews
Ethereum Sprints Ahead: Outpaces Bitcoin with a 10% Surge in Market Pairing!
- Ethereum leads the market recovery with an 8% increase, trading at US$3,661.
- ETH shows strong performance with a year-on-year increase of 79%.
- The ETH/BTC trading pair has risen over 10% in five days, indicating a shifting market sentiment.
- Analysts attribute Ethereum’s comeback to favourable US crypto policies, stronger ETH/BTC ratios, and growing institutional interest in Ethereum ETFs.
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TronWeekly
4w
274
Image Credit: TronWeekly
Ethereum’s L1 and L2 Success: Bitcoin and Solana Race to Catch Up
- Bitcoin and Solana are now emulating Ethereum’s L1 and L2 model for improved scalability and decentralization.
- Bitcoin aims to address its security budget crisis through L2 solutions, following Ethereum’s success.
- Solana introduces its first L2 solution but faces decentralization challenges, lagging behind Ethereum.
- The trend of Bitcoin and Solana adopting Ethereum’s model indicates the growing impact of Ethereum in the blockchain world.
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Cryptoslate
4w
243
Image Credit: Cryptoslate
Bloomberg analyst says altcoin ETFs will ignite a ‘wild’ crypto market in 2025
- Bloomberg senior ETF analyst Eric Balchunas believes that the approval of altcoin-related exchange-traded funds (ETFs) will make the crypto market 'pretty wild.'
- There are currently 14 altcoin ETFs awaiting approval by the SEC, including funds for Solana, XRP, Hedera, Litecoin, and baskets of assets.
- Balchunas expects the list of altcoin ETFs to triple in size within the next two months.
- Although the SEC's position remains uncertain, analysts believe that the approval of Solana and Litecoin ETFs is likely.
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Bitcoinsensus
4w
248
Image Credit: Bitcoinsensus
Ethereum Analysis: Key Levels and Bullish Market Trends
- Ethereum's H1 market structure has turned bullish, marked by a new Higher High (HH)
- Key levels include potential demand zones at Fibonacci retracement levels and a supply zone between $3,670-$3,700
- The price could retrace or aim for higher targets, but market movements remain uncertain
- Trading Ethereum requires managing risk and staying vigilant in the unpredictable market
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Hackernoon
4w
354
Image Credit: Hackernoon
DIA Launches Lasernet Testnet: A New Era for Oracle Infrastructure
- DIA has launched the testnet of Lasernet, an Ethereum Layer-2 rollup designed for oracle infrastructure.
- The testnet allows developers to test pull and push-based oracles on Ethereum Sepolia, providing a preview of Layer-2-based oracles.
- Lasernet incorporates Optimism's OP Stack for scalability, Conduit's rollup deployment and management, Hyperlane's interoperability framework, and Celestia for data availability.
- The launch of Lasernet aims to address the demand for trustless and decentralized data delivery in blockchain applications.
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Crypto-News-Flash
4w
257
Image Credit: Crypto-News-Flash
Ethereum Solidifies Market Position with Key Blockchain Milestones, Will an ETH Rally Follow?
- Ethereum solidifies its market position as the primary blockchain for Tether (USDT) transactions, surpassing Tron and showcasing its infrastructure and adoption.
- Ethereum's 'blob' technology drives blockchain growth and improves transaction throughput, with over 21,000 blob postings per month.
- Ethereum's remarkable journey continues to redefine digital finance, demonstrating its innovation and resilience in the blockchain ecosystem.
- Layer-2 solutions like Arbitrum and Optimism contribute to Ethereum's price performance, offering faster and cost-effective transactions.
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TheNewsCrypto
4w
106
Image Credit: TheNewsCrypto
Which 3 Ethereum (ETH) Replacements Will Deliver The Biggest Profits in the Upcoming Bull Run?
- As the Ethereum network faces scalability issues and high transaction fees, Rexas Finance (RXS), Stellar (XLM), and NEAR Protocol (NEAR) emerge as potential alternatives with real-world applications and advanced technology.
- Rexas Finance allows seamless and low-cost asset tokenization, and its Token Builder platform enables the creation of precious tokens without coding. Rexas Launchpad provides a platform for new projects raising capital through token sales, and Rexas DeFi allows for convenient swap capabilities.
- Stellar, with its high transaction speed and low cost, is a great option for international business models. IBM is among the many big players partnering with the Stellar Development Foundation.
- NEAR Protocol's distinguishing feature is its scaling mechanism, Nightshade, which ensures scalability and speed as the network handles millions of transactions. Its high throughput and low fees make it suitable for dApps that require speed and scalability.
- Rexas Finance, with asset tokenization and decentralized finance, has a fully functional ecosystem and additional features that make it a smart bet. Its current entry price of $0.090 is anticipated to rise as it launches on major exchanges at $0.20.
- Currently priced at $0.439737 with a market valuation of $13.2 billion, XLM has strong potential to deliver good returns to investors. As demand for Stellar increases, its price is expected to approach all-time highs during the upcoming progression phase.
- NEAR Protocol, with a value of $6.43 and a market capitalization of $7.8 billion, has huge potential for appreciation. The protocol is developer-friendly and supports projects creating innovative solutions with practical application.
- Rexas Finance, with its innovative approach, robust ecosystem, and affordability, is well-positioned to outperform Ethereum in terms of accessibility and profit potential in the next bull run.
- The article states that the three Ethereum replacements are expected to deliver significant profits in the upcoming bull run. However, TheNewsCrypto does not endorse any content on the page and recommends its readers to make decisions based on their own research.
- The article provides links to the Rexas Finance website, the $1 million giveaway project, whitepaper, Twitter/X, and Telegram for those who are interested in gathering more information.
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Zebpay
4w
106
Image Credit: Zebpay
Ethereum Technical Analysis Report – 27th November 2024
- Ether faced resistance at the downtrend line on November 23 but showed resilience as buyers stepped in to support the dip.
- Key level to monitor on the downside is the 20-day EMA at $3,141, which could determine the next move.
- Ethereum discussions intensify, with optimism about its potential to outperform other major assets in the current market environment.
- Ethereum maintains top position for weekly NFT sales, recording $49 million.
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