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Ethereum News
Cryptonews
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Ethereum Foundation Changes Tact, Goes ‘Full DeFi’
- Ethereum Foundation borrows US$2M in GHO stablecoins from Aave, signaling a shift away from ETH sales for funding.
- Move signifies a deeper adoption of DeFi tools in managing treasury.
- Crypto community supports the decision, viewing it as a smarter and long-term strategy for treasury management.
- EF's move towards DeFi includes borrowing GHO, a decentralized stablecoin, to preserve its ETH holdings and align with community feedback.
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Crypto-News-Flash
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Solana Signals Sharp 40% Drop Against Ethereum Amid Memecoin Slump
- Solana's SOL/ETH pair confirmed a bearish breakout from a rising wedge pattern, hinting at a 40% drop to 0.037 ETH by July.
- Declines in memecoin-related activities, particularly on Solana's key platform Pump.fun, have put additional pressure on Solana's performance.
- Ethereum's growth with layer-2 networks is outshining Solana, raising concerns about Solana's ability to attract serious developers and investors.
- Chart analyst Alex Clay suggests that Solana's decline against Ethereum may not be temporary, as other altcoins demonstrate stronger technical behavior recently.
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Newsbtc
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Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out
- Ethereum is testing the $2,800 resistance level, with analysts suggesting a potential breakout towards $3,000 and beyond.
- Market sentiment is shifting in favor of Ethereum, with technical indicators aligning for a possible expansion phase in the crypto market.
- Analyst Ted Pillows believes that if Ethereum surpasses the $2,850 resistance, it could target $4,000, leading to a capital rotation from Bitcoin to altcoins.
- Ethereum is showing strength on the weekly chart, currently trading above key moving averages, such as the 34-week EMA and 100-week SMA, with a potential upside target of $3,200–$3,600 and $4,000 if momentum accelerates.
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Bitcoinist
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Ethereum’s Path To $10,000 Milestone Hinges On Flipping This Level Into Support
- Ethereum's price has shown resilience above $2,700 and outperformed assets like Bitcoin in recent weeks.
- Crypto analyst Venturefounder foresees ETH's potential climb to $10,000 based on key support levels and momentum signals.
- A bullish scenario involves ETH closing above $2,500, completing a MACD bullish crossover, and rallying to $4,000 as a base point for further upward trend.
- Crypto expert Merlijn The Trader predicts ETH following Bitcoin's pattern to reach a new peak beyond $14,000 by 2026 after retesting previous highs.
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TechBullion
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Ethereum Price To Hit $4,000 Despite Trump Tariffs, Will FloppyPepe Touch $1 Before Dogecoin? Get Free Bonus Tokens This Week
- Ethereum price is nearing $4,000 despite Donald Trump Tariffs, while FloppyPepe (FPPE) emerges as a potential rival to Dogecoin, offering a generous 80% bonus for early supporters using code FLOPPY80.
- FloppyPepe (FPPE) sets sights on $1 before Dogecoin (DOGE) with its innovative economic model called Floppynomics, redistributing 1% to holders, burning 1% to reduce supply, and donating 1% to charity.
- Analysts predict Ethereum's price consolidation pattern may lead to a $4,000 breakout despite concerns about Donald Trump Tariffs, while Dogecoin (DOGE) consolidates within a bullish flag formation aiming for $1.
- FloppyPepe (FPPE) gains momentum with AI tools like Meme-o-Matic for viral meme generation, FloppyX for instant video editing, and FloppyAI for live crypto insights, offering an 80% bonus in its presale phase with potential to exceed $1 before DOGE and surpass Ethereum amidst US tariffs.
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Coindoo
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Ethereum’s Pectra Upgrade Boosts Appeal, But Network Activity Remains Flat: JPMorgan
- JPMorgan analysts noted that Ethereum's recent Pectra upgrade supports long-term growth but hasn't increased network usage significantly.
- The upgrade focused on staking processes, reward structures, and asset movement efficiency, appealing to institutional investors.
- Compared to retail-driven trends in other platforms, Ethereum is strategically shifting towards deeper institutional engagement, following Bitcoin's path.
- Despite limited immediate impact on transaction volumes, JPMorgan sees Ethereum's infrastructure focus positioning it well for long-term growth as a premier smart contract platform.
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TechBullion
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SHIB Eyes 450% Move, Ethereum Shows Strength, But BlockDAG’s 25% Referral Bonus Pushes It to Top Decentralised Crypto Status
- Shiba Inu (SHIB) price trend is showing potential for a 450% move, with analysts predicting a breakout after breaking through a resistance level and showing underlying strength.
- Ethereum (ETH) chart analysis indicates calm and steady momentum, with the price currently sitting within a stable range, expected to trade sideways for the time being while showing promise for long-term growth.
- BlockDAG, a project with a 25% referral bonus is gaining attention as one of the top decentralized crypto picks this year, having raised over $276 million in its presale and showing significant potential for growth with its unique marketing approach.
- BlockDAG's strategic referral program has propelled its growth, attracting over 170,000 unique holders and generating steady buzz through word-of-mouth promotion, positioning the project for success in the decentralized crypto space.
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Blockonomi
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Bitcoin and Ethereum ETFs See Institutional Surge as Crypto Market Adjusts to New Inflows
- BlackRock added 4,476 BTC and 19,977 ETH, boosting its crypto ETF holdings significantly.
- Ethereum ETFs saw $80.14M in inflows, signaling renewed institutional confidence.
- Retail spot trading activity remains low, suggesting early-cycle investor hesitation.
- Firms like K33 and Metaplanet expand crypto exposure through treasuries and bond sales.
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TechBullion
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Ethereum and Cardano Price Prediction: Big Surges in June? Unilabs Crushes the $1M Milestone During Its Presale
- Positive sentiment surrounds the price predictions for Ethereum and Cardano, with experts like Ash Crypto and Leader Alpha making bold projections for June.
- Unilabs' crypto ICO event has surpassed $1M, thanks to the launch of the first AI-driven DeFi asset management platform, which is seen as having high upside potential in 2025.
- UNIL altcoin is gaining traction due to benefits like governance voting rights, staking rewards, and referral rewards, with over 250M UNIL tokens bought in the second presale phase.
- Ethereum has shown significant gains, with a price increase of over 45% in the past 30 days, and projections suggest it could reach $3,200 in June. Cardano has also seen growth, but investors are eyeing UNIL for potential profits due to various factors.
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Coindoo
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Vitalik Buterin Warns Against Over-Simplifying Crypto Wallets
- Vitalik Buterin warns against over-simplifying crypto wallets.
- Buterin expresses concern over the trend of in-app wallets embedded directly into web pages.
- He emphasizes the importance of users having the choice and representation in wallet software.
- Buterin calls for decentralized browsers and prioritizing decentralization in building tools for empowering users.
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TechBullion
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BlockDAG Presale Crosses $276M While Ethereum Sees Activity Spike & Pepe Update Slows Down
- BlockDAG (BDAG) has surpassed a $276 million presale, offering a solution for scalability through parallel block generation, differentiating itself from traditional blockchains.
- BlockDAG's design focuses on high-speed performance by allowing multiple blocks to be generated simultaneously, targeting industries like finance, logistics, gaming, and smart contracts.
- The project has gained significant interest from buyers with over 21.4 billion coins sold, showing a return on investment of 2,520% since its first batch, positioning itself as a lucrative investment opportunity.
- Meanwhile, Ethereum sees a surge in smart contract deployments, Pepe update experiences a cooldown amidst a rally, and BlockDAG stands out with its real-world performance, drawing attention for its scalability solution.
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Cryptopotato
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Analyst Predicts $3K Ethereum (ETH) Milestone in June
- Ethereum (ETH) is expected to surpass the $3,000 milestone in June, driven by bullish signals and institutional inflows.
- ETH is showing strength amid a broader market downturn, with a price of around $2,720 at the time of writing.
- Analysts highlight resistance at $2.8K, with predictions of Ethereum reaching $3,000+ next month.
- Institutional demand for ETH remains strong, with BlackRock's Ethereum ETF accumulating significant amounts of the cryptocurrency, signaling positive market sentiment.
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Coindoo
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Ethereum Foundation Taps DeFi for Liquidity, Borrows $2M
- The Ethereum Foundation borrowed $2 million by tapping into DeFi for liquidity, according to the Aavechan Initiative's founder, Marc Zeller.
- Aave's value proposition of unlocking liquidity without selling core assets allowed the Ethereum Foundation to use wETH and GHO for collateral, retaining exposure to Ethereum while accessing capital.
- Stani Kulechov, founder of Aave, praised the move as a demonstration of DeFi's utility cycle and how long-term holders can access stable liquidity while supporting Ethereum's ecosystem goals.
- This move by the Ethereum Foundation signifies a significant endorsement of GHO and DeFi's use cases, showcasing institutional support for decentralized financial solutions and encouraging broader adoption within the crypto ecosystem.
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Bitcoinist
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FTX Repayments About To Dump $5B On The Market, How Will Bitcoin And Ethereum React?
- FTX, a collapsed crypto exchange, is about to disburse $5 billion in stablecoin payments to creditors at the end of the month.
- The stablecoin payments won't impact the market negatively as there will be nothing dumped, potentially leading to a market pump depending on where the funds end up.
- The distribution on May 30 could create buying pressure on the market, especially since Bitcoin and Ethereum prices are doing well.
- Analysts expect that investors who receive the funds will reinvest the money back into the market, potentially triggering a rally, with Bitcoin expected to surpass $120,000.
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Blockonomi
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ETH vs BTC: Ethereum Strengthens, Analysts Predict 40% Rally Toward $4,000
- Ethereum price rises 3.15%, trading volume up 25.40% to $27B.
- MACD crossover and chart breakout signal bullish continuation.
- ETH/BTC ratio gains as Bitcoin dominance weakens.
- Analysts forecast a 30 to 40% rally, targeting the $4,000 ETH price level.
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