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Ethereum News
TechJuice
4w
284
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Crypto Showdown: Bitcoin Stabilizes, Ethereum on the Edge
- Bitcoin, the long-time leader in the crypto market, might be facing a summer slowdown while Ethereum gains traction with a strong spring rally.
- Bitcoin recently came close to its all-time high but failed to break it, signaling a potential short-term stall.
- Q3 historically has been Bitcoin's weakest quarter with average losses around 6 percent, compounded by global economic uncertainties.
- Ethereum has experienced a significant rebound, climbing around 80% from its April low to about $2,700, driven by the Pectra upgrade and institutional interest.
- However, Ethereum faces resistance at $2,750-$2,800, and analysts warn of a potential 10% correction.
- Bitcoin's Q4 performance historically outshines Q3, but currently, it faces uncertainty amidst global economic factors.
- Ethereum's rapid rally could lead to a pullback with the RSI nearing 70, indicating a drop to $2,500 or below.
- Traders are advised to closely monitor key price levels and market indicators for potential opportunities or risks in both Bitcoin and Ethereum.
- The crypto market remains unpredictable, offering both opportunities and challenges for investors.
- Traders need to be cautious and well-informed to navigate the current crypto landscape effectively.
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Crypto-News-Flash
4w
13
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Virtuals Protocol Is Now Live on Ethereum With Full Agent Access
- Virtuals Protocol is now live on Ethereum, allowing users to create autonomous AI agents that operate directly on the blockchain without coding.
- The platform enables community-owned AI agents like pop stars or game characters to run independently, making transactions, managing wallets, and resources without human intervention.
- The launch introduces exciting possibilities as AI agents can chat, have crypto wallets, make transactions, and act autonomously on Ethereum.
- The protocol's native token, VIRTUAL, has seen a price increase, and the V1 beta is now open for everyone to build their own agents for various purposes.
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Cryptonews
4w
129
Ethereum Staking Soars as ETH Price Hits Two-Week Peak
- Staked Ether (ETH) reached an all-time high of 34.8M as the price surpassed US$2.8K, signaling investor preference for long-term yield over selling.
- Lido's staking dominance decreased to 25.6%, with ether.fi gaining momentum and managing 2.25M ETH in restaked assets.
- The rise in staking aligns with discussions on allowing Ethereum spot ETFs to offer staking, potentially reshaping ETF structure and market dynamics.
- The surge in staked Ether coincides with Ether's price recovery to a two-week high and increased institutional inflows.
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Hackernoon
4w
129
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What Are Realistic Targets and How to Forecast Top Altcoin Growth
- Altseason refers to a period when altcoins start outperforming Bitcoin, typically indicated by a drop in Bitcoin dominance.
- Setting realistic and achievable targets for top altcoins involves analyzing historical patterns and current market conditions.
- If Bitcoin's dominance drops to 40%, the altcoin market cap could reach $3.225 trillion, with potential price growth for top altcoins.
- Projected price growth for coins like ETH, XRP, BNB, SOL, DOGE, TRON, and ADA can range from 1.24x to 6.88x based on capital inflows.
- Expecting extreme gains like XRP reaching $20 requires massive capital and may not be realistic in the short term.
- Investors entering the market during altseason should manage expectations as most top coins may only grow moderately from their previous prices.
- BTC dominance dropping to 40% could lead to a temporary capital shift into altcoins, resulting in potential but not astronomical growth for top coins.
- Investors are advised to stay rational, do their research, and avoid overly optimistic expectations when predicting altcoin growth.
- Altseason should be viewed as a period of capital rotation, with potential for moderate to solid gains in top altcoins.
- It's essential to base investment decisions on realistic data and historical trends rather than relying on unrealistic projections.
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TronWeekly
4w
427
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SEC Fast Tracks Solana ETF Review for Potential July Approval
- The SEC is fast-tracking Solana ETF proposals, with potential approvals as early as July after requesting updated S-1 filings.
- Regulators are considering allowing staking within Solana ETFs, a move that could significantly benefit investors.
- Bloomberg analysts estimate a high likelihood (90%) of Solana ETF approval in 2025, similar to expectations for a Litecoin ETF.
- Grayscale and other asset management firms are in discussions with the SEC for offering Solana ETFs, with Grayscale leading the push.
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TronWeekly
4w
361
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SEC Set to Decide on Solana ETF: Will It Open the Door for Institutional Investment?
- The SEC is expected to decide on a Solana ETF approval by July, with a final decision anticipated by October pending review of updated filings.
- Solana ETF issuers are required to submit revised filings addressing in-kind redemptions and staking integration for SEC assessment.
- Companies like Grayscale, VanEck, and Fidelity are gearing up to launch Solana ETFs, showcasing growing institutional interest in digital assets.
- Approval of a Solana ETF could pave the way for increased institutional investment in digital assets and integration into the traditional financial system.
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Newsbtc
4w
1.1k
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Ethereum Approaches Decisive Level – Trading Around 200 DMA Resistance
- Ethereum has surged above $2,600 and is holding above key support levels as bulls aim to reclaim momentum.
- Traders are closely watching for Ethereum to decisively push above the next resistance zone to confirm the breakout attempt.
- Analysts note that Ethereum is facing resistance at the $2,800 level, which is crucial for a breakout into a full bullish phase.
- Ethereum is currently trading at $2,688 and has reached a key resistance zone between $2,690 and $2,735, with a potential breakout on the horizon if bulls maintain momentum.
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TronWeekly
4w
124
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Ethereum Surges Above $2,800 After Strong Support Rebound
- Ethereum surged above $2,800 after bouncing back from the $2,483 support zone.
- High open interest exceeding $40 billion indicates increased volatility risks ahead.
- Bulls are facing key resistance levels at $2,850–$2,880; a breakout could lead to a rally towards $2,920.
- Ethereum's technical outlook is bullish, with strong support near $2,750 and resistance levels to watch at $2,820, $2,850, and $2,880.
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Newsbtc
4w
137
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Ethereum Charts Flash Rare Signal Not Seen in Years, Says Analyst
- Crypto strategist Kevin has highlighted rare signals on Ethereum's monthly chart, suggesting a potential altcoin outperformance.
- Ethereum exhibits bullish momentum across USD pair, dominance chart, and ETH/BTC ratio, aligning various high-time frame indicators.
- Kevin's analysis focuses on a 'monthly demand candle' and synchronized bullish signals like Market Cipher momentum wave and VWAP crossing.
- The monthly RSI for ETH has not broken the crucial 70-level, indicating a possible onset of a parabolic price action.
- Whale accumulation signals returning after a year and Ethereum's stock RSI rebounding sharply point towards a potential long-duration uptrend.
- Ethereum's dominance chart shows a potential double bottom and a confirmed MACD momentum shift, hinting at a trend reversal.
- ETH/BTC pair mirrors Ethereum's dominance chart structure, exhibiting positive indicators on the monthly timeframe.
- While considering macroeconomic factors, Kevin believes Ethereum's strength could lead to broader altcoin outperformance.
- ETH's relative strength post-halving aligns with historical patterns, hinting at potential future outperformance compared to Bitcoin.
- With optimism about Ethereum's indicators, Kevin suggests that a significant market movement could be on the horizon.
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Newsbtc
4w
164
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Ethereum Price Eyes $3K Milestone—Momentum Builds as Buyers Return
- Ethereum price has started a fresh increase above the $2,650 zone.
- ETH is consolidating and aiming for more gains above the $2,850 resistance.
- There is a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD.
- An upside break above the $2,920 resistance might lead Ethereum towards the $3,000 resistance zone in the near term.
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TechBullion
4w
4
Image Credit: TechBullion
Elon Musk Social Media Buzz Sends Bitcoin, Ethereum, And XRP On A Rollercoaster Ride, But FloppyPepe Flies On 11,000% Gains
- Elon Musk's social media buzz around Tesla and SpaceX stirred up volatility in Bitcoin (BTC), Ethereum (ETH), and XRP prices, leading to fluctuations in the market.
- Amidst the chaos, the AI-driven meme coin FloppyPepe (FPPE) has surged by 11,000%, drawing significant investments due to its unique features and deflationary token mechanism.
- Bitcoin (BTC) faced a 3% decline as a result of Elon Musk and Donald Trump's clash over the 'One Big Beautiful Bill Act,' causing concern among investors and resulting in liquidations of long positions.
- While major cryptocurrencies like Ethereum (ETH) also slid due to the feud, FloppyPepe (FPPE) continues to attract attention with its engaging features, deflationary cycle, and potential growth opportunities.
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Newsbtc
4w
13
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Ethereum Still Rangebound Below $2,735 Level – No Clear Breakout Yet
- Ethereum has experienced a 14% surge recently, pushing into key resistance levels and testing critical thresholds, sparking optimism among investors.
- Top analyst Daan highlights that Ethereum is rangebound between $2,475 and $2,735, with the price retesting the range high of $2,735 for the fourth time.
- Despite testing key thresholds, Ethereum's price action has shown indecision, with some analysts foreseeing a breakout to higher prices while others predict a correction.
- The price of Ethereum currently sits at $2,690.46 on the 1-day chart, with key resistance at $2,750, a level that, if cleared decisively, could pave the way for a push toward $3,000.
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Bitcoinsensus
4w
400
Image Credit: Bitcoinsensus
Ethereum Price Prediction: Did ETH Just Trap the Retailers?
- ETH reacted to a demand zone and swept liquidity above, indicating potential trader panic.
- A red candle pre-breakout may have triggered retailer panic.
- After a double liquidity grab, ETH could retrace to collect orders below.
- ETH's price movement is based on liquidity pools and market inefficiencies, with a possibility of a retrace.
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Zycrypto
4w
52
Image Credit: Zycrypto
Analyst Says Ethereum Is ‘Closer to $20K Than Most Anticipate’ Based on This Technical Pattern
- Ethereum (ETH) has shown renewed strength this week, rising alongside Bitcoin and breaking out of low volatility.
- Analysts suggest Ethereum could be undervalued, predicting a potential upside target of $19,500, nearly five times its current value.
- Market analyst Gert van Lagen highlighted an inverse head and shoulders formation on Ethereum's two-week chart, signaling a major trend reversal.
- Van Lagen tweeted that Ethereum may be closer to $20k than most anticipate, with a descending broadening wedge pattern reinforcing a potential breakout.
- Analyst Master Ananda noted Ethereum broke above the 200-day moving average, seen as a signal of sustained bullish momentum and readiness for significant growth.
- Ananda forecasted potential price levels of $5,790 and $8,513 in the upcoming bullish wave, but suggested the real upside could extend far beyond those figures.
- Activity on the Ethereum network is increasing, historically indicating forthcoming price growth, according to data from GrowThePie.
- Institutional confidence in Ethereum is rising, highlighted by growing inflows into Ethereum ETFs, indicating increasing investor interest in the cryptocurrency.
- Research from Bernstein analysts suggests Ethereum is being recognized as a foundational layer for financial innovation, particularly in stablecoin issuance and tokenized assets.
- Ethereum's role in powering global payment firms' stablecoin strategies, like those of Visa and Mastercard, is becoming more prominent in the digital finance landscape.
- At the time of writing, ETH was trading at $2,739, reflecting a 6.69% surge over the past 24 hours.
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Crypto-News-Flash
4w
365
Image Credit: Crypto-News-Flash
French Bank Société Générale Set to Launch USDCV Stablecoin on Ethereum and Solana
- French banking group Société Générale is set to launch a new stablecoin called USDCV on the Ethereum and Solana blockchains to enhance settlement and liquidity for institutional clients.
- USDCV will be backed by cash reserves and is part of Société Générale's move towards regulated digital finance under its digital asset arm, SG-FORGE.
- The decision to launch on Ethereum and Solana strategically leverages Ethereum's dominance in DeFi and Solana's speed and lower fees for high-volume operations.
- The launch of USDCV by Société Générale reflects the bank's broader strategy in blockchain-based assets and bonds, aiming to provide a tool for settlements, lending, and on-chain operations.
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