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Ethereum News
TheNewsCrypto
3w
270
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Ethereum Developers Introduce Hoodi Testnet Ahead of Pectra Launch on Mainnet
- Ethereum Foundation developers are introducing the Hoodi testnet ahead of the Pectra upgrade launch on the mainnet.
- The Pectra upgrade launch faced configuration issues on the Holesky and Sepolia testnets, leading to delays.
- The Ethereum developer community aims to improve scalability and usability of the Ethereum network through regular upgrades.
- The Pectra upgrade will be deployed on the Hoodi testnet before launching on the Ethereum mainnet by the end of April.
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Crypto-News-Flash
3w
141
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Ethereum Staking Uptick Defies Price Weakness – What It Means for ETH
- Despite Ethereum’s price experiencing a downturn in recent months, staking activity within its network has seen a notable increase, indicating growing confidence among investors in Ethereum’s long-term potential.
- The inclusion of Ethereum in the U.S. Crypto Reserve and the resumption of staking services by major cryptocurrency exchanges reflect favorable policy developments and heightened institutional interest, further driving Ethereum's price higher.
- Approximately 28.5% of Ethereum’s circulating supply is locked in staking contracts, highlighting the strong belief in the network's future prospects by ETH holders.
- The rise in staking activity and the anticipation of regulatory clarity around staking suggest a positive market sentiment and a promising future outlook for Ethereum.
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Cryptonews
3w
17
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As ETH Slide Continues, Exec Says Further Decline Will Result in $336 Million DeFi Sell-Off
- Ethereum is facing pressure due to leadership issues and declining on-chain metrics.
- Ethereum's value has dropped 52% over the past year, with a potential for further decline.
- Concerns arise from a $130 million ETH-backed loan in Sky, highlighting the risk in crypto-backed loans.
- Kevin Rusher suggests integrating real-world assets into Ethereum's DeFi ecosystem to mitigate overleveraging and potential liquidations.
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TronWeekly
4w
62
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Lazarus Group Transfers 400 ETH and Launches New Cyber Attacks
- The Lazarus Group, linked to North Korea, transferred 400 ETH ($750,000) to Tornado Cash and laundered $2.91 billion through THORChain within the last five days.
- The group infected the NPM ecosystem with harmful packages, including 'BeaverTail', to steal credentials and access crypto wallets.
- Lazarus Group, known for crypto breaches, has been involved in various cyber attacks, such as the $1.4 billion Bybit attack in February.
- The group has scammed crypto founders with fake Zoom calls, posing as investors and infecting devices with malware to target crypto wallets.
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Zycrypto
4w
66
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Pundit Foresees Major Institutional Shift Toward XRP Beyond Bitcoin and Ether
- XRP advocate Linda P. Jones predicts major institutional shift towards XRP ETFs beyond Bitcoin and Ethereum.
- Jones dismisses skepticism regarding demand, stating institutions will diversify and add XRP ETFs to their portfolio.
- Multiple asset managers, including Franklin Templeton, have filed for XRP ETFs, bringing the total number of prospective XRP ETFs to 15.
- XRP has outperformed Bitcoin by 212% and gained nearly 250% against Ethereum, making it an attractive investment option.
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TronWeekly
4w
4
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SEC Reviews Fidelity’s Proposal to Add Ethereum Staking to ETF
- The SEC has received Fidelity’s proposal to add Ethereum staking to its FETH ETF.
- Investors could earn staking rewards without managing the process themselves.
- The SEC’s review could take months, potentially setting a precedent for crypto ETFs.
- The proposal aims to add staking rewards in FETH, allowing investors to earn passive income through Ethereum staking.
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TheNewsCrypto
4w
150
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Ethereum Records 15% Weekly Drop, What’s Next for ETH Price?
- Ethereum recorded a 15% weekly drop and 30% monthly drop.
- Trading analysts predict that Ether could experience further price declines.
- ETH spot ETFs saw significant outflows, with BlackRock's ETF recording a net outflow of $11.82 million and Fidelity's ETF recording a $9.75 million outflow.
- Renowned market analyst Ali Martinez warns of a potential Ethereum price crash, with an important support level identified at $1,887.
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Newsbtc
4w
248
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Ethereum Net Taker Volume Signals Huge Selling Pressure – Can Bulls Hold Key Levels?
- Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action.
- On-chain data from CryptoQuant reveals that Ethereum’s Net Taker Volume remains at a low level, indicating that selling pressure is still strong.
- Ethereum has lost over 57% of its value, creating an extremely difficult environment for bulls as the market remains in a deep downtrend.
- Ethereum is currently trading at $1,880, remaining range-bound between $1,750 and $1,950 since last Monday.
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Coinpedia
4w
0
Image Credit: Coinpedia
Trump Family Eyes Investment in Binance.US via WLF; CZ Seeks Pardon for US Market Re-entry
- The Trump family is in discussions to acquire a stake in Binance.US, increasing their engagement in the crypto sector.
- Changpeng 'CZ' Zhao, the founder of Binance, is seeking a pardon from President Trump following his imprisonment for regulatory infractions.
- The deal between Trump family and Binance.US would blur the lines between Trump's governmental and business roles in the crypto ventures.
- Binance faced significant customer losses and workforce reduction after regulatory measures and customer fraud allegations.
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TronWeekly
4w
88
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Bitcoin’s Shocking Q1: Why Its Dominance Is Surging While Altcoins Struggle
- Bitcoin and Ethereum struggled in Q1, marking their worst performance since 2022.
- BTC dominance surged to 61.2%, indicating capital flight from altcoins as investors seek stability.
- Q2 may bring a rebound if strong catalysts emerge, but without them, Bitcoin and Ethereum could stagnate in the short term.
- Investors are increasingly using Bitcoin as a safe haven asset, causing a decline in altcoin value.
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TheNewsCrypto
4w
403
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North Korea’s Lazarus Group Moves 400 ETH, Deploys New Crypto Malware
- The Lazarus Group of North Korea continues to engage in crypto domain activities, using new malware and transferring stolen funds.
- On March 13, the group laundered $750,000 through the Tornado Cash mixing service, hiding the stolen cryptocurrency through decentralized exchanges.
- Lazarus Group conducted 47 crypto thefts in 2024, resulting in over $1.3 billion in losses, doubling the previous year's figures.
- The group deployed new malicious packages in the NPM network, targeting Solana and Exodus wallets and using deceptive package names to steal sensitive information.
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Crypto-News-Flash
4w
212
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Ethereum Whale Deposits 5,000 ETH to Binance After Huge Loss
- An Ethereum whale deposited 5,000 ETH into Binance after incurring a large loss from previous withdrawal.
- Despite market volatility, some Ethereum whales increased their long positions.
- The whale lost $6.62 million overall after withdrawing 5,000 ETH, leaving them with 5,000 ETH valued at $9.51 million.
- Potential regulatory changes like the Cboe BZX Exchange's proposal for staking in the Fidelity Ethereum ETF may impact the market going forward.
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Newsbtc
4w
221
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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
4w
399
Image Credit: Coinpedia
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
4w
35
Image Credit: Coinpedia
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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