A naukri.com initiative
Ethereum News
TheNewsCrypto
1d
65
ETH Watch: Will Whale Wake-Ups and Government Transfers Heat Up the Ethereum Charts?
- Ethereum is trading around the $2.5K support level amidst a neutral market sentiment.
- Over $32.95 million worth of ETH was liquidated, with the largest altcoin facing challenges to reclaim the $3K mark.
- On-chain data shows an early Ethereum ICO wallet reactivated after ten years, transferring 1,140 ETH.
- The technical analysis suggests a potential downside movement if Ethereum slips below $2,544 support.
Read Full Article
3 Likes
Crypto-News-Flash
1d
363
Image Credit: Crypto-News-Flash
Spanish Banking Giant BBVA to Launch Bitcoin and Ethereum Trading
- Spanish banking giant BBVA has launched Bitcoin and Ethereum trading for its retail customers in Spain through its mobile app.
- Customers can now buy, sell, and store Bitcoin and Ethereum using BBVA's integrated and self-managed service under EU MiCA regulations.
- BBVA's move marks a significant step in its digital asset strategy, allowing individuals to invest in cryptocurrencies from their smartphones with the bank's in-house custody system.
- BBVA has expanded its digital asset services across countries, previously offering crypto trading in Switzerland and Turkey, and now enabling wider public access in Spain.
Read Full Article
21 Likes
Bitcoinist
1d
235
Image Credit: Bitcoinist
Crypto Inflows Hit $18B: Is Ethereum Quietly Outshining Bitcoin?
- Crypto investment products saw a 12th consecutive week of inflows, totaling $1.04 billion, with cumulative inflows reaching $18 billion.
- Bitcoin experienced a slowdown in inflows to $790 million, potentially indicating stabilized or cautious investor sentiment as the asset nears its all-time high.
- Ethereum recorded its 11th straight week of inflows, attracting $226 million, signaling a shift in preference due to factors like Layer 2 expansion and DeFi activity.
- Regional divergences in investor sentiment were observed, with the United States leading inflows while regions like Canada and Brazil saw outflows. Total assets under management reached $188 billion.
Read Full Article
14 Likes
Coinpedia
1d
185
Image Credit: Coinpedia
Why Institutions Are Suddenly Choosing Ethereum Over Bitcoin?
- Institutions are favoring Ethereum over Bitcoin due to utility, ETF inflows, and tokenization.
- Key players like Bit Digital and Deutsche Bank are embracing Ethereum for tokenization projects.
- ETH's real-world use, growing ETF inflows, and tokenization surge are driving institutional trust.
- Ethereum's reliability, role in tokenized finance, and major corporate adoption contribute to its rise.
Read Full Article
11 Likes
Cryptonews
1d
135
Decade-Old Ethereum ‘Gen0’ Wallets Awaken, Move US$2.9M in ETH
- Two early Ethereum wallets from the blockchain’s launch phase, created in 2015, were reactivated, moving a total of 1,140 ETH worth US$2.9 million.
- These wallets were funded through GENESIS transactions during Ethereum's initial token distribution, with one wallet originally receiving 900 ETH when the token's value was below US$0.50.
- The reactivation of these wallets is part of a trend of activity from long-dormant accounts in the cryptocurrency space, similar to recent movements seen in Bitcoin and Ethereum.
- Although significant, the balances in the reactivated Ethereum wallets do not meet the threshold for 'whale' status, which requires holding 10,000 ETH or more based on current prices.
Read Full Article
8 Likes
Coindoo
1d
230
Image Credit: Coindoo
Historic Ethereum Wallets Reactivate, Fueling Whale Activity Speculation
- Two historic Ethereum wallets, '0x27' and '0x7f,' inactive for 3,630 days, have been reactivated, sparking speculation.
- Similar trend seen in crypto with long-dormant wallets resuming activity, like three Bitcoin wallets moving billions.
- Ethereum's significant price appreciation adds to the intrigue; wallets created during a time when ETH was just a few cents now hold assets worth over $2,500.
- Ethereum network has undergone major changes, transitioning to proof-of-stake and implementing upgrades like The Merge and Pectra, introducing new features and enhancing security.
Read Full Article
13 Likes
Blockonomi
1d
267
Image Credit: Blockonomi
Bit Digital Dumps Bitcoin for Ethereum in $200M Shift as ETH Price Eyes Breakout
- Bit Digital sold $28M in BTC and added $192.9M in ETH after a $172M public offering.
- Ethereum is now the firm’s largest crypto holding at roughly $254.8 million in value.
- ETH trades in a range between $2,313 and $2,737, with bullish signals building slowly.
- A breakout above $2,800 may spark a rally toward $3,000 if support levels hold firm.
Read Full Article
16 Likes
Coindoo
1d
341
Image Credit: Coindoo
Ethereum Replaces Bitcoin in Nasdaq-Listed Bit Digital’s Treasury Strategy
- Bit Digital, a Nasdaq-listed company, has shifted its treasury strategy from Bitcoin to Ethereum.
- The company sold 280 BTC and reinvested the proceeds into Ethereum, raising its total ETH holdings to over 100,000 ETH.
- Bit Digital's decision was driven by Ethereum's flexibility, staking capabilities, and role in reshaping financial infrastructure.
- Investors responded positively to the news, leading to a significant increase in Bit Digital's shares, highlighting a broader trend of corporations increasingly focusing on Ethereum in their asset strategies.
Read Full Article
20 Likes
TronWeekly
1d
248
Image Credit: TronWeekly
Bit Digital Shifts to Ethereum Treasury From Bitcoin: BTBT Surges Surges 26%
- Bit Digital completed its shift to an Ethereum-based treasury strategy, leading to a 26% surge in its stock price.
- The company used proceeds from a $172 million equity raise and bitcoin sale to acquire over 100,000 ETH worth nearly $189.2 million, making it one of the largest public corporate holders of ETH.
- Bit Digital aims to leverage Ethereum’s staking yield model for passive income, citing Ethereum's strong fundamentals and long-term viability compared to Bitcoin mining.
- The shift from Bitcoin to Ethereum, increased ETH holdings, and BTBT stock surge reflect a broader trend in the industry of crypto companies diversifying into Ethereum-based treasury models amid reduced BTC mining profitability.
Read Full Article
14 Likes
Bitcoinist
2d
101
Image Credit: Bitcoinist
Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details
- Ripple's CTO, David Schwartz, disclosed buying XRP at an extremely low price of $0.006, sparking discussions in the XRP community.
- Schwartz revealed he mined 250 Bitcoins in 2011 when the price was around $30 and later sold them to acquire XRP and Ethereum.
- His transparency about early XRP entry and Bitcoin mining activities showcases his involvement in cryptocurrency from an early stage.
- Schwartz's actions highlight his belief in more sustainable blockchain platforms than Bitcoin's energy-intensive model.
Read Full Article
6 Likes
Medium
2d
11
Image Credit: Medium
Krypital Group June Review
- UIP-9 token realigns for long-term impact, backed by energy, not fiat.
- BitGo joins Injective as validator, launching EVM dApps on testnet.
- Pyth Network brings live ETF prices on-chain, Solv Protocol partners with Binance.
- Raiinmaker x Solana Mobile bring decentralized AI to mobile devices.
- Bitcoin nears YTD lows in borrowing rates despite market volatility and dominance increase.
Read Full Article
Like
Newsbtc
2d
317
Image Credit: Newsbtc
Ethereum Range Tightens – Liquidity Looms At $2,800 And $2,350
- Ethereum is aiming to break free from weeks of sideways action as it approaches the $2,600 level, a move that could signal the start of a new bullish phase for the cryptocurrency.
- Market participants are closely watching the $2,600 level, as a successful breakout could attract momentum buyers, while failure to sustain the move might lead to renewed selling pressure.
- Key liquidity clusters for Ethereum are identified at $2,800 and $2,350, influencing potential price movements depending on how the cryptocurrency responds to current resistance levels.
- Ethereum's next move is crucial for the entire altcoin market, with analysts emphasizing the need for ETH to break out of its current range to lead the next major move and potentially trigger a broader altcoin rally.
Read Full Article
19 Likes
Livebitcoinnews
2d
294
Image Credit: Livebitcoinnews
Ethereum Developers Propose 16.77M Gas Cap to Curb DoS Attacks
- Ethereum developers, including Vitalik Buterin, propose capping gas spent by transactions at 16.77 million to enhance network security.
- The cap aims to prevent network overload and denial-of-service attacks by distributing gas consumption more evenly across transactions.
- The limit will enhance compatibility with technologies like zkVMs, promote network efficiency, and simplify processing of blocks.
- The proposal is part of Ethereum's ongoing optimizations for network predictability and stability, with developers balancing complexity with security benefits.
Read Full Article
17 Likes
Bitcoinist
2d
0
Image Credit: Bitcoinist
Ethereum Daily Chart Signals Strength As Bulls Reclaim Momentum
- Ethereum displays strength on the daily timeframe, holding above key support and maintaining a higher-low structure.
- Technical indicators favor bulls with RSI at 55.73 and MACD in positive territory, indicating growing upward momentum.
- Analysts predict a potential breakout above $2,720, leading to a rally towards $3,150 and even $4,000 if a cup and handle formation on the 3-day chart confirms.
- However, a failure to break $2,720 could result in a loss of bullish momentum, potentially sending Ethereum down to retest support near $2,100 to $2,000 zone.
Read Full Article
Like
Coindoo
2d
94
Image Credit: Coindoo
Ethereum Transfer from U.S. Wallet Fuels Talk of Incoming Dump
- 86.56 ETH worth around $200,000 was moved from a U.S. wallet to a Coinbase Prime deposit address, sparking speculation of a potential market impact.
- The funds came from a wallet linked to a 2022 asset seizure involving Chase Senecal alias 'Horror', known for NFT scams and hacking incidents.
- Movements from government-controlled wallets are closely monitored for their market implications amid concerns of potential liquidation events.
- Although the transfer occurred on Coinbase Prime, no sell order has been confirmed yet, and Ethereum's price has remained stable at around $2,530.
Read Full Article
5 Likes
For uninterrupted reading, download the app