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Ethereum News
Cryptonews
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ENS token rises 10% as ENS Labs announces ‘Namechain’ Ethereum L2
- ENS token rises more than 10% as ENS Labs announces Namechain Ethereum layer 2 solution.
- Namechain aims to scale blockchain identity by making it easier to register names at reduced costs via rollups.
- ENSv2 and Namechain will simplify the process of registering names, updating records, and managing decentralized websites.
- The ENS token spiked initially but has now decreased below its pre-announcement price.
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Crypto-News-Flash
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Standard Chartered Predicts ETH at $10K and Bitcoin at $200K in Trump Era
- Standard Chartered predicts Ethereum (ETH) could hit $10K and Bitcoin (BTC) could reach $200K under a Trump-led administration, fueled by crypto-friendly policies and regulatory changes.
- Standard Chartered forecasts a fourfold increase in the total crypto market cap by 2026, potentially reaching $10 trillion, driven by institutional participation and regulatory shifts.
- Following Donald Trump’s recent election victory, Ethereum saw its biggest three-day jump of the year, gaining 21% and hitting over $3,000. Institutional interest is also growing, as Ethereum ETFs recorded $132 million in net inflows from November 6 to 7.
- Standard Chartered predicts Ethereum could reach $10,000 and Bitcoin could soar to $200,000 under a Trump-led administration. This outlook is bolstered by Trump’s expected crypto-friendly policies and the recent Fed rate cut.
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Blockonomi
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Ethereum Name Service Unveils “Namechain” Layer-2 Network Plans
- ENS Labs plans to launch its own layer-2 blockchain called 'Namechain'.
- The network will use zero-knowledge rollup technology to improve speed and reduce costs for users of Ethereum Name Service (ENS).
- The launch is expected by the end of 2025 and will be part of the larger ENSv2 protocol overhaul.
- Namechain aims to maintain Ethereum security while reducing transaction costs for ENS users.
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Blockonomi
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Ethereum Reaches $3,200 Mark as Whale Activity Increases
- Ethereum's price surged by 29% to reach $3,200, triggering profit-taking from major cryptocurrency holders.
- Tron founder Justin Sun deposited 19,000 ETH ($60.83M) to the HTX cryptocurrency exchange.
- An early Ethereum ICO participant moved 1,555 ETH to Coinbase, marking a significant profit from their initial investment.
- A major whale sold 46,853 ETH for $138.8M USDC since November 7, while still holding a substantial amount of ETH.
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TheNewsCrypto
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Will Ethereum (ETH) Hold the $3K Line or Drop Below?
- Ethereum (ETH) trades at $3.1K, experiencing a 2.30% loss in the last 24 hours.
- The market saw a liquidation of $90.57 million in Ethereum.
- Ethereum has surpassed the $3K resistance, potentially leading to a bullish rally and fueling the altcoin season.
- Technical indicators suggest a possible upside rally for ETH, but if it fails to maintain bullish momentum, a downside correction may occur.
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TheNewsCrypto
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SUI Outpaces Solana & Ethereum: SnoozeCat ($ZZZZCAT) Presale Booms with Exclusive Game Airdrop for Early Investors
- The SUI blockchain surpasses Solana and Ethereum in net inflows, asserting its dominance in the crypto space.
- SnoozeCat ($ZZZZCAT) gains strong investor interest with its unique 'Proof of Meme' concept and presale gains traction.
- Early adopters of SnoozeCat benefit from exclusive rewards, including a game airdrop for participants.
- SnoozeCat ($ZZZZCAT) runs on the eco-friendly SUI blockchain, ensuring smooth transactions and scalability for long-term growth.
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Coin Telegraph
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Bitcoin’s rise to $81,000 may trigger rally in ETH, SOL, SUI, AAVE
- Bitcoin has surged to above $81,000 on Nov. 10. Several altcoins have also started to show an increasing trend in sentiment after breaking out of their respective resistance levels. If Bitcoin maintains its upward momentum, investor sentiment could improve, pushing other cryptocurrencies like Ethereum (ETH), Solana (SOL), SushiSwap (SUI) and Aave (AAVE) higher.
- According to Bitcoin analyst Tuur Demeester, HODLing is the way forward in the current scenario. Bitwise Invest CEO, Hunter Horsley said, when Bitcoin’s price goes up, people view it as more likely that it will succeed, and therefore be even more valuable. So, it’s likely to go up even further.
- If the bears want to make a comeback in the short-term, they will have to pull the BTC/USDT pair below $71,753. This could trigger long liquidation, pulling the pair towards $66,864. For Ethereum, the critical support to watch for is $2,850, while $2,189 is essential support to watch for on SushiSwap.
- For Solana, closing above $210 indicates the start of the next leg of the uptrend, potentially aimed at $260. While for Aave, breaking past $200 could indicate a rally to $260. However, a slide below immediate support levels could indicate bearish sentiment.
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Newsbtc
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Ethereum Whale Transactions Spike – High Volume Supports Surge To $3,200
- Ethereum has surged 35% in the past week, reaching a local high at $3,219.
- Santiment data shows a spike in whale transactions in Ethereum, indicating accumulation and suggesting further price appreciation.
- The recent momentum of Ethereum against Bitcoin signifies a potential sustained uptrend.
- With increased stakeholder activity, high transaction volume, and a healthy network, Ethereum is well-positioned for continued upward momentum.
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TechBullion
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Discussing Lunex Network’s ICO Triumphs, Ethereum’s Future Price Prediction & Theta’s GPU Marketplace
- Ethereum (ETH) and Theta Network (THETA) are both expected to experience growth in the coming quarter.
- Ethereum has made technological advancements and seen increased transaction volumes, leading to positive market sentiment.
- Theta Network is focused on decentralized video streaming and content delivery, with recent upgrades boosting investor confidence.
- Lunex Network is an emerging decentralized finance platform, offering trading solutions and revenue-sharing opportunities.
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Tokenhell
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Ethereum Crosses $3,000 Following ‘Surprising Change’ in Investor Sentiment
- Ethereum crossed $3,000 for the first time since August, following a surprising change in investor sentiment.
- Investors are optimistic about the growth of Ethereum's DeFi space under the Trump administration as it adopts a collaborative approach.
- Ethereum DeFi tokens, such as Aave and Ethena, have also seen significant rallies in the past two days.
- Investor interest in Ethereum spot ETFs is surging, with net inflows recorded for three consecutive days.
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Bitcoinsensus
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Bitcoin Soars Amid Trump’s Victory: Crypto & Market Dynamics, Politics & Economic Outlook
- Donald Trump won the US presidential election, leading to positive reactions in the stock and crypto markets.
- Bitcoin experienced an all-time high and is currently consolidating around $76.3K.
- Analysts predict Bitcoin could reach a potential target of $100K even before inauguration.
- Mixed macroeconomic indicators suggest potential inflationary pressures and possible recession indicators.
- Ethereum has reached $3K and Solana ranks third among cryptocurrencies by market cap.
- Politics may play an increasingly significant role in shaping the crypto market.
- The Republicans have taken the majority in Congress and the Senate with 16 pro-crypto senators.
- Cryptocurrencies are becoming increasingly appealing to treasuries and pension funds.
- Altcoins such as Ethereum and Solana are experiencing significant price fluctuations.
- It remains uncertain how all these events will play out in the long term.
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TronWeekly
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Experts Predict XRP Bull Run, Set to Challenge Ethereum and Bitcoin
- Ripple's recent court ruling classifying XRP as not a security removes regulatory barriers for its growth.
- Ripple's focus on CBDCs and stablecoins positions it as a key player in global finance.
- Crypto analysts predict a major bull run for XRP, with targets potentially reaching as high as $33.
- Experts believe XRP's development efforts, legal milestone, and utility initiatives will drive its sustainable growth.
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Crypto-News-Flash
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SEC Delays Ethereum ETF Options Decision, Awaits More Public Input
- The Securities and Exchange Commission (SEC) has delayed its decision on authorizing spot Ethereum ETF options, citing the need for additional investigation and public feedback.
- The SEC's cautious approach reflects its dedication to maintaining rigorous regulatory criteria and protecting investor interests before allowing the introduction of new crypto investment products.
- Market observers believe that regulatory clarification from the SEC regarding Ethereum ETF options would inspire confidence and attract more institutional investors to the crypto industry.
- The State of Michigan Retirement System has become the first U.S. state pension system to invest $11 million in Grayscale's Ethereum trusts.
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Bitcoinsensus
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Ethereum Whale Dumps $10M in ETH After Holding Since ICO
- An Ethereum whale sold 3,367.5 ETH, worth around $10 million, after holding it since the ICO.
- The whale still holds 37,069.8 ETH, valued at over $112 million.
- Ethereum gained 6% in value over the past 24 hours, now trading at $3,140.
- Ethereum Foundation developers are working on implementing measures to weaken the effects of Maximal Extractable Value (MEV), ensuring a fairer transaction playing field.
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Bitcoinist
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Ethereum L2 Rayls Network’s Privacy Solution Featured In JP Morgan’s Project EPIC Report
- Parfin’s Ethereum Layer-2 chain, Rayls, featured in JP Morgan’s Project EPIC report.
- Rayls provides secure and compliant identity solutions for privacy in regulated financial markets.
- JP Morgan's Kinexys Digital Assets conducted a Proof of Concept (POC) and highlighted Rayls' privacy ledgers.
- Rayls aims to bridge the gap between DeFi and TradFi, empowering banks with secure and efficient transactions.
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