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Ethereum News
Newsbtc
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Ethereum Investment: Trump Crypto Project Grabs 722 ETH At $2.5 Million
- World Liberty Financial (WLFI), the latest venture by Donald Trump, has acquired 722 Ether worth $2.5 million.
- WLFI's total Ethereum holdings now stand at 15,598 tokens, valued at approximately $53 million.
- The project aims to challenge traditional financial institutions by democratizing crypto loans.
- WLFI has diversified its portfolio by investing in other coins like Aave and Chainlink.
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Cryptoticker
4d
197
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SEC Approves Bitcoin-Ethereum Combo ETFs: What It Means for Crypto Investors?
- The U.S. Securities and Exchange Commission (SEC) approves Bitcoin-Ethereum combination exchange-traded funds (ETFs), allowing investors to diversify their exposure.
- These ETFs provide easier access to Bitcoin and Ethereum for both retail and institutional investors, reducing the need for wallets and private keys.
- The approval signifies growing acceptance of crypto assets by regulators, increasing legitimacy and attracting traditional investors.
- Companies like Hashdex and Franklin Templeton are leading the way in launching these combo ETFs, with potential implications for institutional adoption and market dynamics.
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Hackernoon
4d
237
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The HackerNoon Newsletter: EIP-1559: Separating Mechanisms From Memes (12/20/2024)
- The HackerNoon Newsletter brings the HackerNoon homepage straight to your inbox.
- On December 20, 2024, significant events include the US invading Panama in 1989, East Germany opening the Berlin Wall for the first time in 1963, and Elvis Presley being drafted to the US Army in 1957.
- Highlighted stories include 'EIP-1559: Separating Mechanisms From Memes' and 'Does Google's Willow Quantum Chip Put Bitcoin's Cryptography at Risk?'
- Other articles cover topics such as automating npm package publishing, the data protection challenges brought by metaverse growth, and the impact of Google's Willow Quantum Chip on Bitcoin's cryptography.
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Zycrypto
4d
258
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On-Chain Analysts Water Down Ether Bulls $5,000 Price Expectations This Year
- Crypto options platform Derive lowers expectations of Ethereum (ETH) hitting $5K by Dec 27, now less than 10% chance.
- Lower market sentiments and recent whale movements impact bullish outlook for ETH.
- Ethereum currently stands at $3,288, 40% away from the $5K target.
- Increasing inflows into ETH ETFs and positive market factors provide optimism for future growth.
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Medium
4d
8
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INTMAX Partners with Predicate to Enable Safe Decentralization
- INTMAX is partnering with Predicate to enable safe decentralization.
- INTMAX aims to balance privacy and background checks on the blockchain.
- Predicate Network is used to set pre-transaction rules to prevent high-risk activities.
- INTMAX focuses on scalability, privacy, and accessibility for Ethereum.
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Cryptoslate
4d
149
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Bitcoin and Ethereum take a hit as $1.2 billion in crypto liquidated
- The crypto market faced a sharp downturn, with Bitcoin and Ethereum dropping around 10% in the past 24 hours.
- Bitcoin hit a low of $93,000, its lowest level since mid-November.
- Ethereum fell by almost 15%, reaching $3,100, its weakest position since late November.
- The sell-off was attributed to the Federal Reserve's tightened stance on monetary policy and lack of support for a proposed government Bitcoin reserve strategy.
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Cryptoticker
4d
315
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Ethereum Price Crash amid ETF Developments – What’s Happening?
- The U.S. SEC has approved the first-ever spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton.
- These ETFs will hold spot Bitcoin and Ethereum based on market capitalization, with an approximate 80/20 split favoring Bitcoin.
- Historically, ETF approvals have driven positive sentiment in the crypto market.
- However, the current macroeconomic environment could limit Ethereum’s price recovery.
- Open interest for Ethereum futures hit a new all-time high of $28.70 billion on December 17.
- However, the long/short ratio dropped to 0.9, indicating that more traders are betting on a decline in ETH prices.
- Ethereum’s market structure still shows signs of higher highs (HHs) and higher lows (HLs).
- Ethereum’s price recently plunged from a high of $4,109 to a low of $3,260, marking a sharp 20% decline.
- The decline was triggered by increased market pressure following guidance from the U.S. Federal Reserve.
- Since 2021, the $4,000 resistance has been tested five times but remains a strong resistance point.
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TheNewsCrypto
4d
319
Image Credit: TheNewsCrypto
Trump’s World Liberty Financial Continues to Purchase ETH Amid Market Dip
- Trump’s project World Liberty Financial (WLFI) has purchased another 722 ETH.
- WLFI currently holds a significant 15,595 ETH.
- The purchase was made amidst a market dip in ETH price.
- WLFI aims to establish dominance in the crypto industry through partnerships and acquisitions.
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Crypto-News-Flash
4d
323
Image Credit: Crypto-News-Flash
US SEC Approves Crypto ETFs: Franklin and Hashdex Bring Bitcoin and Ethereum to Nasdaq
- The US Securities and Exchange Commission (SEC) has approved the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF for trading in the public market.
- Nasdaq submitted an updated proposal for the Hashdex crypto index ETF in September, following its initial filing in May, and it will trade on the Nasdaq stock market.
- Franklin Templeton's crypto index ETF has received 'accelerated approval' from the SEC and will trade on the Cboe BZX Exchange.
- The approval of these ETFs validates speculations of a new wave of ETFs and could attract more institutional investors to the cryptocurrency market.
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Blockonomi
4d
266
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Ethereum (ETH) Price Update: Price Action Suggests Bearish Momentum Below $3,650
- Ethereum's price has dropped below $3,550, indicating bearish momentum in the short term.
- A bearish trend line has formed with resistance at $3,650 on the hourly chart.
- Ethereum reached a low of $3,324, with significant support at $3,320.
- Technical indicators suggest continued bearish momentum, and a recovery would require breaking through multiple resistance levels.
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TheNewsCrypto
4d
303
Image Credit: TheNewsCrypto
SEC Approves Hashdex and Franklin Templeton Dual Bitcoin-Ethereum ETFs
- The SEC has approved the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF.
- Hashdex's ETF will trade on Nasdaq, and Franklin's on Cboe BZX.
- Both ETFs allocate holdings based on the free-float market capitalizations of Bitcoin and Ethereum.
- The approval could pave the way for similar products in the future.
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TheNewsCrypto
4d
210
Image Credit: TheNewsCrypto
Can Ethereum (ETH) Recover or Is a Bigger Drop Looming?
- Ethereum (ETH) fell to $3.3K, losing over 8%.
- Ethereum faces a crucial moment as it struggles to surpass $4K.
- There is a possibility of a strong bearish wave for Ethereum.
- Short-term indicators suggest a potential buying opportunity for ETH.
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Moneyweb
4d
178
Bitcoin pullback deepens after token’s record-breaking rally
- Bitcoin's slide from a record high extended to over 10% as reduced scope for looser US monetary policy dampened speculative enthusiasm.
- The price of Bitcoin dropped as low as $95,564 after reaching an all-time peak above $108,000.
- The downturn also affected smaller tokens like Ether and Dogecoin.
- The correction in the crypto market is considered typical in bull markets, with some investors choosing to reduce their exposure and take profits amidst expectations of fewer Fed rate cuts in 2025.
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Crypto-News-Flash
4d
154
Image Credit: Crypto-News-Flash
XRP Challenges BTC and ETH: Key Metrics Highlight the Battle for Market Capital
- XRP outperforms BTC and ETH, showing resilience during market turbulence.
- XRP gains traction through whale support and recent price gains.
- Ethereum's whales leverage market dips for accumulation and profit.
- XRP's fundamentals and unique initiatives provide a competitive edge.
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Cryptonews
4d
194
Image Credit: Cryptonews
Pixelverse Unveils MemeBattle: New Deck Builder Game Brings Crypto Memes to Life
- Crypto gaming project Pixelverse has announced the launch of 'MemeBattle', a tactical deck builder game featuring characters inspired by popular cryptocurrency memes.
- MemeBattle will have 10 playable characters modeled as unique in-game entities, and it is powered by Coinbase's Base, an Ethereum layer-2 network.
- Players can build squads using characters modeled after well-known meme coin mascots and compete in battles to earn rewards.
- Pixelverse gained popularity with its Pixfi token but has since lost around 90% of its value. However, the launch of MemeBattle aims to continue the project's success.
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