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Ethereum News
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.
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Coindoo
1d
229
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.
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Blockonomi
1d
266
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.
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Coindoo
1d
340
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.
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TronWeekly
1d
247
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.
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Bitcoinist
1d
100
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.
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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.
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Newsbtc
2d
316
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.
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Livebitcoinnews
2d
293
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.
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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.
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Coindoo
2d
93
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.
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Livebitcoinnews
2d
164
Image Credit: Livebitcoinnews
The US Secret Service Has Quietly Seized +$400 Million in Crypto Over the Past Decade
- The US Secret Service has seized $400 million in crypto over 10 years.
- Most of the seized funds are linked to romance scams and fake platforms.
- Despite successes, Americans lost $9.3 billion to crypto scams last year.
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Bitcoinist
2d
368
Image Credit: Bitcoinist
Ethereum To Outperform Bitcoin: Buy Before Mid-August, Analyst Warns
- A crypto market expert predicts that Ethereum (ETH) will outperform Bitcoin (BTC) in the upcoming bull cycle, with the key buying window before mid-August.
- Analyst Polaris_xbt suggests that Ethereum is about to surpass Bitcoin in performance based on historical price cycles and on-chain volume patterns.
- Polaris_xbt identifies August 17, 2025, as the end of a key speculative window, hinting at a potential altcoin outperformance led by Ethereum shortly after.
- Debate ensues in the crypto community regarding the timing of the ETH/BTC reversal, with differing opinions on whether the shift will occur in mid-2025 or extend to 2026.
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Bitcoinsensus
2d
305
Image Credit: Bitcoinsensus
Ethereum Price Prediction: Is a Big Dump Coming Next?
- Ethereum's price action indicates liquidity below on higher timeframes and above on lower timeframes, creating a tug-of-war setup.
- There is a nearby demand zone that may not hold if ETH decides to collect the liquidity sitting beneath it.
- Previous analysis pointed out a specific supply zone, but ETH's price behavior focused on accumulating more liquidity rather than selling.
- Ethereum's current setup hints at potential spikes up to sweep lower highs before a possible downturn, emphasizing the importance of timing and liquidity traps.
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Newsbtc
2d
240
Image Credit: Newsbtc
Ethereum Breaks Higher With Conviction: No Signs Of A Breakdown Yet
- Ethereum is maintaining upward momentum supported by solid volume and positive news environment, with Bankr predicting the trend to remain intact if $2,510 support holds.
- Over the past 72 hours, Ethereum has seen a slight rise in price, starting at around $2,535, spiking to $2,598, and currently holding near $2,571, with higher lows observed at key levels.
- Key indicators like moving averages and RSI suggest a mildly positive bias for Ethereum, with identified support levels at $2,550, $2,510, and $2,480, and resistance levels at $2,590-$2,600 and $2,625.
- Despite potential macroeconomic headwinds, Ethereum remains resilient, driven by positive news catalysts like upcoming US 'Crypto Week,' institutional accumulation, and responsible supply management, with trading strategies recommended by Bankr for both accumulation and breakout scenarios.
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