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Ethereum News
Dev
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How to Bridge Tokens Using Multichain: Step-by-Step Tutorial
- Multichain is a decentralized cross-chain bridge enabling seamless transfers across over 80 blockchains without centralized intermediaries.
- It supports interoperability, efficiency, decentralization, wide support, and security, making it a trusted protocol for moving tokens across different chains.
- To use Multichain, you need to connect your wallet, choose the networks and token, approve token interaction if required, initiate the transfer, wait for confirmation, and receive tokens on the target chain.
- Best practices include verifying the website, double-checking token addresses, avoiding high gas prices, using small test transactions, and understanding bridge security.
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TronWeekly
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Ethereum Whales Accumulate $37.17M as Price Struggles at $2,600
- Ethereum whales withdrew $37.17M worth of ETH, accumulating 14,739 ETH from Coinbase and Kraken wallets.
- ETH price struggles between $2,500 and $2,600, facing resistance near $2,600–$2,800.
- Surpassing $2,800 resistance could trigger a major uptrend for Ethereum towards the $3,000 level.
- Despite recent selling pressure, Ethereum witnessed bullish momentum with significant whale accumulation signaling a possible price rally.
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Cryptoticker
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Ethereum Price Weekly Outlook: Key Levels to Watch
- Ethereum (ETH) price started the first week of June 2025 around $2,500 despite anticipation in crypto markets.
- On the daily chart, Ethereum price is consolidating below the 200-day Simple Moving Average (SMA) near $2,680, with resistance at the 200 SMA.
- The hourly chart shows Ethereum price below major SMAs, indicating short-term bearish pressure and a potential move towards deeper support.
- Traders should watch $2,500 support, $2,570 short-term resistance, and $2,750 breakout zone to gauge Ethereum's next moves.
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TheNewsCrypto
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Vitalik Buterin Reveals Plans to Scale Ethereum 10X in a Year
- Vitalik Buterin revealed plans to scale the Ethereum blockchain by 10 times in the next year at the ETHGlobal event in Prague.
- Buterin emphasized the importance of gradual scaling to ensure security, privacy, and decentralization, with the timeline for completion set at a year and a half.
- The Ethereum network's stagnation and Ether price fluctuations have led to calls for immediate layer 1 scaling, but Buterin believes in taking time for network improvements.
- Despite the scaling plans, Ether price has shown a slight drop, trading at $2,495 with a 0.82% decrease, while the market cap is down by more than 1% and the trading volume is up by 15%.
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Cryptonews
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Ethereum’s EIP-7702 Upgrade Exploited by “CrimeEnjoyor” Wallet-Sweeping Scam
- Over 80% of Ethereum’s new EIP-7702 delegations are being hijacked by cloned “CrimeEnjoyor” contracts that sweep compromised wallets, according to Wintermute analysis.
- Ethereum’s EIP-7702 upgrade, part of the Pectra hard fork, was intended to enhance user experience by allowing wallets to act like smart contracts but is now widely abused by wallet-draining scripts.
- Security firms like Scam Sniffer and SlowMist have issued warnings after reports of users losing up to US$150,000 in a single attack linked to malicious batched transactions.
- Users are advised to double-check signature requests and not rush into signing transactions, while wallet providers are urged to implement immediate safeguards for EIP-7702 transactions.
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Bitcoinist
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Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened
- The Ethereum price has been struggling to surpass the $2,800 resistance level in recent weeks after a strong start in May.
- Recent on-chain data suggests that Ethereum could be gearing up for a significant rally in the next few months.
- Whale investors have been active in the Ethereum market, indicating a potential 80% move in the coming weeks.
- As of the latest update, Ethereum is priced at around $2,537 with a 0.5% increase in the past 24 hours.
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TechBullion
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Ethereum (ETH) Price Analysis, Pepe (PEPE) Outlook, and Why Unstaked May Be the Smartest 2025 Crypto Buy
- Ethereum's Pectra upgrade has not significantly impacted its price despite fundamental improvements like smart wallet functionality and Layer-2 scaling enhancements.
- Pepe (PEPE) faces bearish signals with indicators pointing to potential downward movement, including a bearish divergence and a bearish crossover.
- Unstaked is gaining momentum in its presale, having raised over $8.3 million and targeting a launch price near $0.1819, offering a projected 2,700% ROI.
- Unstaked's AI-powered platform is attracting attention for its real-world utility in managing content and marketing tasks, positioning it as a strategic buy for 2025.
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Coindoo
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Here’s How Many Ethereum Holders Are Profiting at This Price
- 59% of Ethereum holders are currently in profit, with 7% at break-even and 34% in the red.
- 75% of Ethereum addresses have held their ETH for over a year, indicating long-term investment appeal.
- Ethereum experienced $1.23 billion in net outflows over the past week, indicating accumulation and long-term conviction among investors.
- On-chain metrics show Ethereum's investor confidence remains high, supported by strong holding patterns and exchange behavior.
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TheNewsCrypto
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Ethereum to $10K or Ozak AI to $1 First? 2025 Crypto Forecast Reveals Surprising Upside
- Crypto market is seeing momentum ahead of 2025, with focus on Ethereum aiming for $10,000 and Ozak AI targeting $1 with 300x return potential.
- Ethereum, the second-largest cryptocurrency, needs a 170% gain from $2,600 to reach $10,000, requiring institutional adoption and scaling improvements.
- Ozak AI, priced at $0.005, aims for $1 with real-world AI utility, already raising over $1 million and offering explosive growth potential.
- In 2025, while Ethereum focuses on DeFi reshaping, Ozak AI's journey from $0.005 to $1 presents a surprising and potentially lucrative opportunity for investors.
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Cryptopotato
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Will ETH Retest the $2K Support as Momentum Fades? Ethereum Price Analysis
- Ethereum faces strong resistance near the critical 200-day moving average at $2.7K, hinting at a potential bearish reversal.
- Lack of sustained buying momentum suggests a likely prolonged consolidation phase towards the $2.2K support zone in the mid-term.
- Technical analysis shows ETH struggling below the 200-day moving average, forming a distribution range, and potential corrective move towards $2.2K.
- On-chain analysis reveals increased whale activity within the $2.5K to $2.8K resistance band, indicating a possible shift in momentum and potential consolidation or pullback in the mid-term.
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Bitcoinsensus
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The Financial System in Transformation – Antiglobalism and Blockchain
- The financial system is undergoing transformation in response to political and economic uncertainties.
- The U.S. Federal Reserve was compelled to cut interest rates in 2019 due to frozen credit markets.
- Moody’s has downgraded the credit rating of U.S. Treasury bonds, signaling distress in credit markets.
- All major credit rating agencies have downgraded the U.S. rating for the first time in history.
- Assets like gold tend to perform well during times of credit market distress.
- BlackRock's influence in the markets, including crypto, is significant and expanding.
- The dismantling of globalism, with Trump's actions against global competition, poses challenges to the global economy.
- Deglobalization initiatives impact international trade and finance, leading to concerns about currency stability.
- Antiglobalism extends beyond economics to encompass politics, foreign influence, and sovereignty.
- Technological advancements like AI and decentralized finance are reshaping economic systems and asset exchange.
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Bitcoinist
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Binance Whales Are Accumulating Ethereum Again – Will History Repeat?
- Ethereum is facing a crucial phase as it struggles to maintain the $2,500 support level amid failed breakout attempts above $2,700.
- Binance has witnessed a surge in Ethereum whale activity, reminiscent of a signal before ETH's rally from $2,200 to $4,000 in late 2023.
- The return of deep-pocketed investors on Binance indicates growing confidence in Ethereum, with analysts suggesting a potential altseason if a breakout occurs.
- Ethereum price is currently hovering around $2,512, caught in a consolidation phase with support at $2,500 and resistance at $2,700–$2,800, awaiting a decisive breakout.
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TronWeekly
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Ethereum Flashes Powerful Rare Bullish Signal as Whale Activity Surges
- A rare bullish signal for Ethereum, last seen before the December 2023 rally, has reappeared, suggesting a potential major rally ahead.
- Whale and institutional activity on Binance has surged since May 19, indicating early accumulation and growing confidence among sophisticated market participants.
- Analysts believe Ethereum may be entering the early phase of a significant rally, supported by improving sentiment and strong structural support.
- The return of the December 2023 signal, together with rising institutional interest, indicates a promising near-term trajectory for Ethereum, potentially leading to a new major rally.
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Bitcoinist
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Ethereum Faces Familiar $2,800 Price Barrier – Bulls Ready For Breakout?
- Ethereum faces a price barrier at $2,800 amidst a modest price decline in reaction to US-China trade talks.
- Renowned market analyst Daan Crypto highlights the significance of the $2,800 price zone for Ethereum's future price trajectory.
- Ethereum bulls are aiming to reclaim the pivotal $2,800 zone, with a successful breakout indicating potential major price gains ahead.
- Ethereum network fees have fallen by over 2%, while exchange net outflows of $516 million suggest bullish sentiment among investors despite recent price fluctuations.
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Bitcoinist
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Ethereum Climbs In Key Channel After Triple Consolidation Setup
- Ethereum (ETH) is trading within an ascending channel after three consolidation phases, indicating bullish momentum.
- Price action is heading towards a crucial resistance at $3,100, which could lead to a significant battle between bulls and bears.
- On the 2-hour chart, Ethereum is showing an ascending triangle pattern, with $2,720 as a key level to watch for a potential breakout towards $3,200.
- Despite a Descending Triangle formation on the 1-hour chart and RSI nearing oversold levels, the short-term momentum for Ethereum remains bearish, suggesting a possible breakdown unless key resistance is reclaimed.
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