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Ethereum News
Coinjournal
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BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain
- BBVA, Spain's second-largest bank, has received regulatory approval to offer Bitcoin and Ethereum trading services.
- The bank will roll out the crypto trading services in phases, starting with a group of select customers before expanding to retail customers.
- BBVA aims to tap into the growing market for cryptocurrencies and cater to tech-savvy customers who view them as investment opportunities and hedges against economic uncertainty.
- The bank's phased rollout approach and proprietary custody solution highlight its focus on security and technological innovation.
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Blockonomi
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Ethereum (ETH) Price: Breaking Below $2,000 Signals End of Three-Year Bull Run
- Ethereum price has crashed below $2,000, extending year-to-date losses to over 37%
- Technical analysis suggests ETH could potentially fall to $1,250-$1,500 levels
- Over $230 million in long ETH positions were liquidated amid market turbulence
- Despite the downturn, major Ethereum whales accumulated 330,000 ETH in the past 48 hours
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TechBullion
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Ethereum Price Prediction Places ETH At $5,000 In March, Why Donald Trump’s Crypto Reserve Holds The Key
- The Ethereum price recently surged 15% following Donald Trump’s announcement of a proposed strategic "Crypto Reserve".
- Analysts predict that the Ethereum price could reach $5,000 in March, driven by Donald Trump's plan.
- Investors are showing interest in FloppyPepe (FPPE), an AI-powered meme coin expected to deliver higher profits than Ethereum (ETH).
- FloppyPepe (FPPE) features an AI-powered ecosystem that includes a "Meme-o-matic machine" for content creation and an intelligent AI agent system called FloppyAI.
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Crypto-News-Flash
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ETH Falling Behind? Sonic Labs Co-Founder on Why Ethereum Is Underperforming
- Fragmentation from L2 solutions is hindering Ethereum's scalability and decentralization, causing liquidity issues and price pressure.
- Competition from Solana and Avalanche is diverting developer interest, with Andre Cronje favoring other altcoins over Ethereum for future gains.
- Layer 2 solutions have led to fragmented liquidity and compromised user experiences, raising concerns about decentralization and exerting downward pressure on Ethereum's price.
- Andre Cronje prefers investing in altcoins like Solana, Tron, and XRP, expressing skepticism about Ethereum's future performance amidst increasing competition.
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TheNewsCrypto
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600K Ethereum Withdrawn From Exchanges in the Last 7 Days — How Will It Impact ETH?
- Ethereum has experienced a decline in price, dropping by over 5.41% and trading at $2,066.
- Over 600,000 ETH have been withdrawn from crypto exchanges in the last week, indicating reduced selling pressure.
- The technical indicators of ETH confirm a persistent downtrend and the emergence of a death cross, raising concerns about further price volatility.
- Ethereum's daily trading volume has increased by over 120%, but indicators such as Chaikin Money Flow and Bull Bear Power suggest a substantial bearish tone.
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Newsbtc
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Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic
- Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year.
- Recent analysis suggests that Ethereum has been unable to break above key technical levels, indicating potential price drops.
- The inability to break resistance and repeated rejection from dynamic resistance pose significant challenges for Ethereum's price recovery.
- A monthly close below $2,100 is considered catastrophic and would result in breaking a long-standing support level.
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TheNewsCrypto
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Qubetics Presale Dominates as Top Crypto to Join This Week—Ethereum Leads DeFi and Near Protocol Scales New Heights
- Qubetics, Ethereum, and Near Protocol emerge as top cryptos in 2025, each offering unique features and opportunities for investors.
- Qubetics stands out with its decentralized VPN technology, focusing on improving digital privacy and security for users.
- Qubetics has raised over $14.7 million through its presale and boasts a large backing of over 22,500 holders.
- Ethereum remains a top choice for decentralized applications and smart contracts, with its robust ecosystem and continual updates.
- Near Protocol, known for its scalability and low-cost platform, is targeting high-performance decentralized applications for developers.
- Decentralized VPNs like Qubetics offer enhanced security and privacy by routing data through a network of nodes instead of centralized servers.
- Qubetics presale is priced at $0.0976 per token, with analysts predicting a significant ROI potential post-presale and mainnet launch.
- Ethereum's dominance in the crypto space is upheld by its smart contract functionality, which facilitates a wide range of innovative dApps.
- Near Protocol's focus on scalability and affordability positions it as a key player for blockchain solutions in 2025 and beyond.
- In a world of increasing cyber threats, decentralized VPNs offer a more secure browsing experience by encrypting data and avoiding centralized vulnerabilities.
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Newsbtc
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Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally?
- Ethereum (ETH) is struggling to reclaim higher prices and faces bearish pressure despite recent announcements.
- Analysts believe the next week is crucial for determining Ethereum's short-term direction.
- Ethereum is breaking out of a descending triangle pattern, signaling a potential trend reversal.
- For a bullish breakout, Ethereum needs to push above and close above the key resistance level of $2,300.
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Newsbtc
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330,000 Ethereum Withdrawn From Exchanges In 72 Hours – Supply Squeeze Incoming?
- On-chain data from Santiment reveals that 330,000 Ethereum have been withdrawn from exchanges in the past 72 hours, indicating reduced selling pressure and possible long-term accumulation.
- Ethereum faces a critical test as it has lost over 50% of its value since late December and struggles to regain momentum. The recent exchange withdrawals may signal a potential turning point for ETH.
- Ethereum (ETH) is currently trading at $2,130 and remains under bearish control. Bulls need to reclaim key resistance levels, including $2,500, to trigger a recovery rally.
- The next few days will be crucial in determining Ethereum's short-term direction and whether it can stabilize, escape its downward trend, and regain bullish momentum.
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Newsbtc
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Ethereum Eyes Key Support At $2,350 — Price Surge To Follow?
- Prominent market analyst Ali Martinez believes that if Ethereum (ETH) can reclaim the key support level at $2,350, it may lead to further price gains, with a potential target of $3,528 and a possible rally to the $4,164 level.
- On the other hand, failure to reclaim the support level may result in a deeper correction, with a potential crash to $1,444 indicated by Glassnode's data.
- Currently, Ethereum is trading at $2,134, experiencing a 1.89% decline in the last 24 hours and a total decline of 23.58% over the past 30 days.
- Despite the price fall, Ethereum whales have shown optimism with strong accumulation behavior, acquiring 1.1 million ETH in 48 hours and withdrawing 330,000 ETH from exchanges.
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NullTX
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Ethereum Whale Activity Sparks Speculation of Major Price Movement Ahead
- Significant whale activity in Ethereum has sparked speculation of a major price movement ahead.
- High-net-worth individuals have accumulated over a million $ETH in the last 48 hours, leading to speculation of insider knowledge or a bullish bet on Ethereum.
- Historically, buying Ethereum below the MVRV ratio has provided profitable returns, indicating a favorable entry point.
- Attention is focused on whether the current MVRV dip signals Ethereum's next buying opportunity, with whales playing a significant role.
- Key resistance for Ethereum lies at $2,460, with a significant supply of ETH held by investors at that level.
- If Ethereum breaks above $2,460, it could reignite bullish momentum in the market.
- Technical indicators like the TD Sequential signal a buy opportunity for Ethereum, potentially indicating a price reversal to the upside.
- Short-term targets for Ethereum include $2,350 and $3,260, with a potential significant rally if these price levels are breached.
- Despite Ethereum ETF outflows, overall market sentiment remains positive due to strong fundamentals and whale activity.
- Ethereum's consolidation around key support levels presents opportunities for traders, with potential upside above $2,460.
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NullTX
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Weekly Crypto Market Report: Trump’s Strategic Crypto Reserve Stirs the Market, SEC Retreats, and Institutional Adoption Grows
- The cryptocurrency market witnessed significant volatility this week, driven by events such as Trump's proposal for a Strategic Crypto Reserve and the SEC's retreat in lawsuits against major entities like Kraken and Cumberland DRW.
- Trump's announcement of the Strategic Crypto Reserve initially boosted market sentiment, causing a surge in Bitcoin prices, but doubts about its feasibility led to a market pullback.
- The SEC's decision not to pursue legal action against Kraken and Cumberland DRW hinted at a potential shift towards a less aggressive regulatory stance in the cryptocurrency space.
- Institutional interest in cryptocurrencies continued to grow, with BlackRock adding Bitcoin to its model portfolio and CME Group announcing the launch of Solana futures.
- Ethereum faced challenges with the Pectra upgrade, leading to delays and concerns about network congestion and transaction fee issues.
- By market cap, the cryptocurrency market surged from 2.77 trillion dollars to 2.96 trillion dollars, with Bitcoin's dominance standing at around 60.4 percent.
- Bitcoin showed a gain of 8.5% while altcoins like ADA, XRP, LINK, and TRX saw notable increases, but Ethereum experienced a loss of 1.49%.
- Different crypto sectors displayed varied performance, with some coins seeing gains in wallet activity while others experienced declines.
- Despite resilience, the crypto market faces impending volatility due to upcoming updates and regulatory developments, indicating an evolving landscape with potential obstacles.
- This summary provides an overview of the key events and market trends shaping the cryptocurrency landscape this week, highlighting the dynamic and evolving nature of the industry.
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Bitcoinist
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Elizabeth Warren Asks Trump’s Crypto Czar For Public Disclosure Over Potential Conflicts Of Interest
- US Senator Elizabeth Warren has raised concerns about conflicts of interest related to David Sacks’ role as the White House AI & Crypto Czar.
- Warren has requested clarifications on the timeline of Sacks' divestment from digital assets and his connections to digital asset companies.
- She has also questioned the potential conflicts of interest arising from the recent strategic reserve announcements and SEC's decisions.
- Warren has requested Sacks to provide answers and documentation by March 14, 2025.
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TronWeekly
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Ethereum’s Struggle: Price Hurdles, Declining Revenue, and Rising Competition
- Ethereum faces resistance at $2,460, with a breakthrough potentially driving a rally toward $3,260.
- Declining usage and revenue threaten Ethereum’s position, with competition from Layer 2 solutions and rival blockchains.
- Strategic shifts, including gas limit changes, highlight Ethereum’s struggle to balance decentralization with efficiency.
- Decreasing presence in the crypto ecosystem, lower fees, and increased efficiency of rival blockchains contribute to Ethereum's difficulties.
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Newsbtc
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“Ethereum Is Not Dead”: Broadening Wedge Suggests Another Leg-Up Is Coming
- Crypto analyst assures that Ethereum is not dead and predicts another leg up for ETH.
- Ethereum price progressing within a broadening wedge and revisits the reload zone.
- Possible scenarios for ETH include reintegration, triple top formation, or deeper correction.
- Breaking the biggest hurdle at $2,460 could reignite ETH's bullish momentum.
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