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Ethereum News
Cryptoticker
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Ethereum Price Prediction: Will ETH Survive the Market Sell-Off?
- Ethereum price has been experiencing significant downward pressure, trading at $1,887.
- Ethereum faces challenges due to macro uncertainty, regulatory concerns, and decreased investor confidence.
- Ethereum's RSI is in oversold territory, indicating a potential bounce, but the MACD remains negative.
- In the short term, Ethereum must hold key support levels to confirm a bullish reversal.
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Zycrypto
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Ethereum Foundation Suspected of Secretly Transferring 30,098 ETH, Community Members Dispute Claim
- Controversy arose when a transaction of 30,098 ETH was deposited into the lending platform Sky, sparking speculation about the Ethereum Foundation's involvement.
- Several community members disputed the claim, stating that the wallet address used was associated with an early Ethereum investor, not the Ethereum Foundation.
- The Ethereum Foundation has faced scrutiny for swapping ETH for stablecoins to pay salaries, leading to suggestions that they could be borrowing stablecoins to repay loans with ETH.
- While the wallet address did receive a transfer from the Ethereum Foundation's ETH sale in 2022, it is more likely linked to an early ETH investor rather than the Foundation itself.
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Crypto-News-Flash
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Deutsche Boerse Unit to Provide Institutional Bitcoin & Ethereum Custody
- Deutsche Börse's subsidiary, Clearstream, plans to provide institutional Bitcoin and Ethereum custody in Europe.
- Clearstream aims to offer secure and compliant custody solutions for institutional investors starting from April.
- The custody services will be provided through Deutsche Börse's Digital Custody unit, which was established following the acquisition of Crypto Finance AG.
- The demand for Bitcoin among institutions is increasing, with 164 entities holding BTC and major financial institutions establishing strategic Bitcoin reserves.
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TheNewsCrypto
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Starknet Plans to Bridge Bitcoin and Ethereum on Single Layer 2 Network
- Starknet plans to expand Bitcoin use cases by bridging Bitcoin and Ethereum.
- StarkWare recently established a Bitcoin strategic reserve.
- Starknet aims to become the first layer 2 network to unify Bitcoin and Ethereum.
- Starknet's plans are supported by Ethereum co-founder Vitalik Buterin.
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TheNewsCrypto
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Ethereum Traders Are Loading Millions of Ozak AI Tokens—At $0.003 $OZ Is Not a Big Risk!
- Ethereum traders are showing interest in Ozak AI tokens, viewing the presale price as attractive for entry.
- Ozak AI utilizes AI with a decentralized structure, incorporating DePIN technology for data storage and real-time processing.
- The presale has seen strong investor engagement, with over 162,704,601 $OZ tokens sold and more than $900,000 raised.
- Ozak AI offers practical applications in financial markets, providing real-time insights, predictive modeling, and secure transactions.
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Cryptopotato
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These Are the Crypto Assets Everyone is Talking About Right Now
- Bitcoin (BTC), Starknet (STRK), ether (ETH), Tether (USDT), Grok (GROK), and USD Coin (USDC) are recording the highest rises in social media discussions.
- Bitcoin (BTC) is the most discussed cryptocurrency due to its price fluctuations and importance in financial systems.
- Starknet (STRK) is trending due to a program announced by Strategy to raise $21 billion involving its preferred stock, STRK, to acquire more BTC.
- Ether (ETH), Tether (USDT), Grok (GROK), and USD Coin (USDC) are also being widely discussed in the crypto community.
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Newsbtc
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Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH?
- Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support.
- ETH experienced a 15% correction, falling to $1,810 before recovering the $1,900 support.
- Some analysts suggest a potential 15% drop and compare the current performance to the 2016-17 cycle.
- Ethereum must close this month above the $2,237 mark to avoid its second-worst Q1 performance.
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Blockonomi
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Ethereum (ETH) Price: Can the $1,600 Support Zone Save ETH From Further Decline?
- Ethereum has fallen below its 2-year realized price of approximately $2,058, putting most investors underwater
- ETH is trading between $1,750-$2,000 with significant resistance at the $1,890 and $1,950 levels
- Only 47% of Ethereum holders remain in profit according to CryptoRank data
- Analysts suggest ETH may test support in the $1,600-$1,800 range before any potential rebound
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NullTX
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Whale Sell-Off Sends Shockwaves Through Ethereum Market: 47,756 ETH Deposited to CEXs in 24 Hours
- A significant amount of Ethereum (ETH) has been moved by four large crypto whales from wallets to centralized exchanges, raising concerns about a potential sell-off.
- The total transfer involved 47,756 ETH (approximately $89.53 million) over a span of 24 hours, indicating a shift of funds towards exchanges from OTC markets or private wallets.
- The transfers to platforms like Coinbase, Binance, and Wintermute have sparked discussions within the Ethereum community about the intentions of these whales.
- Analysts speculate that these massive deposits could signal upcoming sell-offs, potentially impacting ETH's price movements in the near future.
- The recent influx of ETH into centralized exchanges has led to concerns among traders and investors about potential market volatility and price drops.
- Large deposits of cryptocurrencies into exchanges historically hint at impending trades or sales, causing market participants to anticipate significant price movements.
- Whales strategically moving ETH could be aiming to secure profits amidst market uncertainties, prompting reactions and speculation within the crypto community.
- By transferring large amounts of ETH, whales influence market sentiment, causing smaller traders and investors to react swiftly, impacting price dynamics.
- The uncertainty surrounding whale activities and ETH movements to CEXs has heightened market volatility, with traders closely monitoring developments for price cues.
- The ETH market is experiencing fluctuations due to whale actions, leading to debates on potential price manipulation and the broader implications for the cryptocurrency.
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NullTX
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Ethereum Faces Market Struggles: Profitability Declines and Challenges Mount
- Ethereum is facing challenges impacting its value and profitability, with only 47% of holders currently in profit at a $1,900 price point.
- The fluctuating profitability of Ethereum addresses indicates a mixed picture for the cryptocurrency's performance.
- Comparison with other major cryptocurrencies like TRX, OM, BGB, and BTC reveals varying degrees of gains for holders.
- Ethereum is experiencing a decline against Bitcoin, reaching a 5-year low in terms of price against BTC.
- Concerns arise over Ethereum's revenue generation model and its ability to keep up with emerging trends and competition.
- Solana emerges as a strong competitor to Ethereum, showcasing better scalability and performance in the DeFi space.
- Internal disputes within the Ethereum Foundation raise doubts about the platform's long-term viability and transformative potential.
- The continuous outflows from Ethereum spot ETFs suggest waning investor confidence in Ethereum's ability to deliver strong returns.
- Ethereum's challenges highlight the need for the platform to address scalability, high fees, innovation, and attract investor confidence to maintain its position in the blockchain space.
- Institutional investors are showing signs of shifting away from Ethereum towards blockchain networks offering better growth potential and performance.
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Crypto-News-Flash
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Cboe Moves to Bring Staking to Fidelity Ethereum ETF
- Cboe BZX Exchange has filed a proposal to allow staking in the Fidelity Ethereum ETF.
- The proposal aims to enable big investment funds to join the Ethereum ecosystem through staking without running their own infrastructure.
- Regulatory changes under Mark Uyeda may improve prospects for staking-enabled ETFs, aligning traditional finance with Ethereum's proof-of-stake model.
- If approved, the Fidelity Ethereum ETF could be one of the first financial products combining ETF advantages with Ethereum staking.
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Crypto-News-Flash
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ETH News: Fidelity Files for Ethereum ETF Offering Staking Rewards
- Fidelity has filed for an Ethereum ETF that includes staking rewards, potentially increasing demand for ETH and attracting new investors.
- If approved, Fidelity's initiative could set a precedence for other asset managers to offer staking-based ETFs.
- The regulatory landscape appears to be more crypto-friendly, with the new US administration showing a deliberate tilt towards crypto assets.
- The integration of staking into ETFs could attract new investors, enhance returns, and potentially drive up demand for Ethereum.
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Cryptopotato
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Peter Schiff’s Time to Shine: Bitcoin Bashing Fiesta as Price Dips to $77K
- Bitcoin (BTC) and Ethereum (ETH) experienced price dips, with BTC reaching a four-month low and ETH hitting a 17-month low.
- Peter Schiff, a known Bitcoin critic, took the opportunity to mock crypto holders and suggested that many crypto millionaires might need to find jobs.
- Schiff also called for the ouster of MicroStrategy's Executive Chairman, Michael Saylor, criticizing the company's Bitcoin acquisition plan.
- Schiff criticized Ethereum and its spot exchange-traded funds (ETFs), noting their significant decline in value since launch.
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Bitcoinist
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Is Ethereum Foundation’s 30,000 ETH Really At Risk? Here’s The Truth
- Ethereum (ETH) has experienced a significant drop in price, falling 53% from its December peak.
- A transaction flagged by Lookonchain raised concerns of a possible liquidation risk for the Ethereum Foundation (EF).
- Further analysis from Arkham Intelligence suggests that the wallet involved is most likely that of an early ETH investor rather than the Foundation itself.
- At the moment, there is no official evidence linking the vault to the Ethereum Foundation, and rumors of an EF liquidation appear to be unfounded.
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Cryptonews
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Crypto ETF Update: Ethereum Staking Rewards Coming amid XRP Filing by Franklin Templeton
- Cboe BZX has proposed allowing Fidelity’s Ethereum Fund (FETH) to stake its ETH, potentially offering the 3.3% APR staking rewards to ETF holders pending SEC approval.
- Franklin Templeton has filed for an XRP ETF on the Cboe BZX Exchange, joining other applications that Bloomberg analysts give a 65% chance of approval despite SEC legal disputes.
- The SEC recently delayed decisions on multiple crypto ETFs including the Canary and Grayscale XRP ETFs as well as the 21Shares ETH staking application, with new deadlines extending to May.
- Bitwise has launched the Bitcoin Standard Corporations ETF (OWNB) tracking companies with significant Bitcoin holdings, featuring Michael Saylor’s MicroStrategy as its largest component.
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