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Ethereum News

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Coindoo

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Whale Activity on Binance Hints at Ethereum Momentum

  • On-chain chart on Binance is showing a rare and historically bullish signal for Ethereum, last seen before ETH surged from $2,200 to $4,000 in December 2023.
  • Ethereum whale orders have been increasing on Binance since May 19, indicating growing confidence among institutional players and deep-pocketed investors.
  • Whales entering the market early during the formation of bullish trends, as seen on ETH order books, suggest renewed interest in building long-term positions.
  • May is highlighted as a strategic entry point for Ethereum accumulation, signaling the early stages of a macro reversal, with major players positioning for a breakout.

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Bitcoinist

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Altcoin Season: Bitcoin Dominance Reaches Critical Level Above 64%

  • Bitcoin's dominance in the crypto market has surpassed the key level of 64%, putting pressure on altcoins.
  • Despite Bitcoin losing support at $105,000, altcoins have experienced dips, indicating a potential turning point in dominance.
  • Technical analysis suggests that Bitcoin's dominance reaching 64% may be approaching exhaustion and could pave the way for altcoins to thrive.
  • If Bitcoin's dominance starts to decline below 63.45%, it could trigger an altcoin season, potentially benefiting major altcoins like Ethereum, Solana, and Dogecoin.

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Bitcoinist

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Ethereum Joins Bitcoin In The Red – Volatility Looms Ahead

  • Ethereum followed Bitcoin's decline, suggesting increased market volatility ahead according to crypto analyst CRYPTOWZRD.
  • ETHBTC showed bearish daily candles amidst ongoing geopolitical tensions, leading to market caution and short-term hesitations across major cryptocurrencies.
  • Despite immediate weakness in daily candles, CRYPTOWZRD remains cautiously optimistic about Ethereum's future, especially for ETHBTC, anticipating further upside in the long term.
  • Ethereum's next move will depend on holding above the $2,604 resistance level, with the market showing signs of volatility and unpredictability in the short term.

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Zycrypto

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SharpLink Gaming Is Raising $1 Billion To Buy More Ethereum For Its Massive Treasury Bet

  • SharpLink Gaming is seeking to raise $1 billion by selling shares of its common stock to purchase more Ether for its treasury, following a strategy similar to MicroStrategy's Bitcoin approach.
  • The company aims to use the proceeds from the offering to acquire Ether (ETH) as a treasury reserve asset, alongside utilizing funds for working capital, operating expenses, and marketing operations.
  • SharpLink recently announced an Ether-based corporate treasury strategy and appointed Ethereum co-founder Joseph Lupin as chairman of its board of directors.
  • The move by SharpLink to amass Ether mirrors the success MicroStrategy had with Bitcoin, becoming one of the largest corporate holders of the cryptocurrency, signaling a growing trend in the market.

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TechBullion

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Ethereum Outflows Surge As $12.8 Million Leaves Kraken, Here’s Why A Break Above $3,000 Could Be Just Hours Away

  • $12.8 million outflow from Kraken sparks speculation of bullish breakout in Ethereum (ETH).
  • On-chain data suggests Ethereum price could break above $3,000 soon as accumulation rises.
  • FloppyPepe (FPPE) gains attention for meme coin utility and potential growth amid Ethereum outflows.
  • Investors positioning themselves in FloppyPepe (FPPE) amid Ethereum outflows as bullish momentum builds.

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TronWeekly

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Ethereum Leads Market with 46% Monthly Gains, Outperforming Bitcoin and DeFi

  • Ethereum has outperformed Bitcoin, DeFi, AI tokens, and meme coins with 46% gains in the past month.
  • Institutional investors are shifting their focus to Ethereum due to its crucial role in DeFi, gaming, and smart contract innovation.
  • Despite the significant monthly gains, Ethereum is still down 21.8% year-to-date, showcasing the volatility of the crypto market.
  • Ethereum's recent surge emphasizes its leadership in the crypto space, surpassing other major sectors like Bitcoin and DeFi.

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Bitcoinist

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US Sports Betting Platform To Raise $1 Billion For Ethereum Treasury Holdings

  • US-based sports betting firm, SharpLink Gaming, plans to raise $1 billion in common stock to purchase Ether (ETH), the main cryptocurrency of the Ethereum network.
  • SharpLink's stock price surged by nearly 400% after the plan to invest in Ethereum was disclosed, and Ethereum co-founder Joseph Lubin was appointed as the new chairman of the board.
  • The company aims to allocate most of the raised funds to buy Ether, alongside addressing business expenses such as working capital, corporate costs, and marketing operations.
  • SharpLink identified risks including the impact of central bank digital currencies (CBDCs) and regulatory challenges if Ether is classified as a security, receiving mixed reactions from the crypto community.

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TronWeekly

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Ethereum Eyes $2,650 If $2,550 Support Holds, Says Analyst

  • Ethereum is currently trading around $2,550, with the potential to rise to $2,650 as per analyst's technical indicator.
  • Traders are cautious as a break below $2,500 could lead to a drop to $2,300 or even $2,000.
  • Approximately 385,000 ETH was moved to Binance, signaling a warning of potential large-holder sell-offs.
  • The crypto market is observing cautious trading behavior as signals point to a possible short correction or longer pause in the uptrend.

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Coinpedia

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Ethereum Price Forecast: Pullback Sparks Bullish Sentiment and Whale Action

  • Ethereum price dropped nearly 10% to $2,530 after failing to break the $2,800 resistance, leading to a correction.
  • Significant whale purchases of Ethereum, with a stockpile of 1 million ETH worth over $2.5 billion, indicate bullish sentiment.
  • Ethereum demonstrates strong fundamentals with the highest net flows compared to other blockchains, attracting market attention.
  • Analysts predict a bullish trend for Ethereum with a potential price target of $3,600 by the end of June, supported by positive market sentiment.

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TronWeekly

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Ethereum Whale Offloads 684,100 Tokens, Signalling a Potential Bearish Shift

  • Two early Ethereum investors from the 2014–2015 ICO period offloaded a total of 684,100 ETH to centralized exchanges, causing a 3.3% drop in the ETH price.
  • The whales purchased ETH during the ICO period when prices were low and have now realized profits worth millions of dollars, raising concerns about the short-term outlook for ETH.
  • One whale held 1 million ETH and deposited 959.69 ETH to OKX, while the other held 100,000 ETH and deposited 587 ETH to Kraken, leading to combined sales of approximately $30 million.
  • The movement of these whales is part of a larger trend of selling by whales, with a total of 684,100 ETH being sold in the last 24 hours, potentially signaling a bearish shift with the ETH price possibly dropping to $2,300.

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Crypto-News-Flash

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SharpLink Gaming Launches Massive $1B Ethereum Acquisition Plan

  • SharpLink Gaming has filed with the SEC to offer up to $1 billion in common stock to increase its holdings in its new Ethereum treasury.
  • Joseph Lubin, one of the co-founders of ETH, has joined SharpLink's board of directors as part of the fundraising efforts.
  • SharpLink Gaming announced a $425 million private equity investment to build a substantial Ethereum treasury and filed with the SEC to raise up to $1 billion through a common stock offering.
  • Companies like Pantera Capital, Electric Capital, and Joseph Lubin are backing SharpLink's transition to increase its Ethereum holdings, reflecting a trend of corporations moving towards digital asset treasury strategies.

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Cryptoticker

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Ethereum Price Prediction as ETH Coin holds Crucial Support...Heavy Crash Incoming?

  • Ethereum (ETH) is currently trading around $2,530, slightly above a long-term ascending trendline that has provided consistent support since early May.
  • Key support levels for Ethereum include the long-term ascending trendline and horizontal support near $2,535, crucial for the short-term market structure.
  • Despite recent pullback, Ethereum had a significant 41% gain in May, making it one of the strongest monthly performances in 2025.
  • Ethereum's price prediction for June anticipates a retest of $2,600–$2,630 if key support levels hold, but a breakdown below $2,500 could lead to a deeper retracement toward $2,200.

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TheNewsCrypto

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Is Ether Staking ETF Filing Behind the Growth of Ethereum ETF Inflows?

  • REX Shares filing for Solana and Ether staking ETFs is gaining traction and attracting funds into Ethereum ETFs.
  • Ether ETFs have seen significant inflows for the last 10 days, although the Ether price has decreased by 4%.
  • BlackRock's iShares Ethereum Trust (ETHA) led the top Ether ETFs with $70.2 million in net inflows, while other Ether spot ETFs showed minimal fund transfers.
  • REX Shares' filing for the first Solana and Ether staking ETF has attracted institutional interest, leading to increased funds flowing into the Ether ETF market.

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TheNewsCrypto

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NYSE-Listed Mega Matrix Adopts Crypto for Treasury Strategy

  • Mega Matrix, an NYSE-listed company, approves Bitcoin and Ethereum as reserve assets for long-term balance sheet strength and reduced fiat risk.
  • The move showcases continued institutional confidence in crypto assets as companies seek value preservation and diversification.
  • Cryptocurrency adoption by institutions like Mega Matrix reflects a broader trend, joining firms like Tesla and MicroStrategy in adding Bitcoin to their balance sheets.
  • This strategic shift towards digital assets indicates the mainstream acceptance of cryptocurrencies as essential components of corporate finance, impacting market sentiment and potential future involvement in blockchain technology.

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TronWeekly

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Bitcoin Triggers $827 Million in Liquidations After Sudden Price Drop

  • Bitcoin's sudden drop to around $104,000 on May 30 led to over $827 million in liquidations, erasing more than $160 billion in market value within 24 hours.
  • The crash impacted not only Bitcoin but also Ethereum and Dogecoin, causing significant declines in their prices and affecting the broader crypto market.
  • BlackRock’s iShares Bitcoin Trust (IBIT) ETF, which tracks Bitcoin’s price, also experienced a sharp decline, highlighting the risks of volatility in institutional products.
  • The crash was triggered by a wave of uncertainty in global financial markets, exacerbated by geopolitical tensions, rattling investors' confidence and sparking debates on the future trajectory of Bitcoin.

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