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Ethereum News
Cryptopotato
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Social Engagement Soars for Bitcoin and These Altcoins Amid Market Crash
- Bitcoin (BTC), Raydium (RAY), and Frax (FRAX) are dominating social media discussions amid the market crash.
- BTC is gaining attention due to a recent acquisition by Michael Saylor's Strategy, which has sparked discussions on its impact on price fluctuations.
- RAY is facing a decline and increased investor attention due to rumors of a competing platform launching its own automated market maker (AMM).
- FRAX is being discussed for its tokenomics, governance, and inflation, with various proposals for changes to its emissions, branding, and incentive mechanisms.
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Cryptoticker
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BREAKING: Ethereum Price Crashes Below $2,500 as Crypto Market Drops 10%
- The crypto market suffered a brutal crash, with Ethereum's price plunging below $2,500 and Bitcoin breaking below $90,000.
- The market decline was triggered by factors such as delays in the approval of a spot Ethereum ETF by the U.S. SEC, profit-taking from the previous bull market, and a major hack on the Bybit exchange.
- Analysts warn that Ethereum could potentially drop to as low as $1,800 if selling pressure continues.
- The fate of Ethereum depends on factors such as the SEC approval, market sentiment, and the performance of Bitcoin.
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Bitcoinist
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Bybit Hackers On The Move? Stolen Funds Likely Headed To Mixers—Report
- Stolen funds from Bybit crypto exchange are being moved by hackers to crypto mixers.
- The Lazarus Group, based in North Korea, is suspected to attempt to launder the stolen funds.
- North Korea's Lazarus Group typically follows a laundering process involving exchanging stolen tokens for native blockchain assets and layering the stolen funds for obfuscation.
- Around $140 million of the stolen assets have been moved and are being laundered through various services.
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Tokenhell
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Price Analysis February 25th, 2025 – BTC, SOL, ETH, XRP, and BNB
- Bitcoin market experiences increased selling pressure after Trump's speech on tariffs.
- Crypto liquidations worth $1.36 billion and ETF outflows of over $435 million recorded.
- Largest institutional Bitcoin investor, Strategy, buys 20,356 BTC for $1.9 billion.
- Bitcoin price trends bearish, with a potential move to $85,480; Ethereum, XRP, BNB, and SOL also facing selling pressure.
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TheNewsCrypto
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Ethereum Dips Below $2,500 Amid Bearish Pressure—Will It Recover?
- Ethereum (ETH) price dropped below $2,500, recording an 11% drop over the past 24 hours.
- ETH must hold $2,600 to prevent further downside.
- Long-term accumulation trends remain bullish.
- Despite the current market downturn, Ethereum's long-term outlook remains positive with strong accumulation.
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NullTX
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Ethereum Gaining Ground on Bitcoin: Taker Buy-Sell Ratio and Cost Basis Trends Point to Stronger Sentiment
- Ethereum is gaining investor interest as sentiment shifts away from Bitcoin, supported by metrics like the taker buy-sell ratio and cost basis distribution (CBD).
- The taker buy-sell ratio indicates Ethereum outperforming Bitcoin, with diminishing momentum for Bitcoin and rising interest in Ethereum.
- Accumulation zones at $2,632 and resistance at $3,149 show investor behavior in accumulating Ethereum and potential price thresholds.
- Investors accumulating Ethereum at lower prices signify long-term conviction and a less volatile asset compared to short-term fluctuations.
- Inflows to Ethereum spot ETF indicate growing institutional interest, positioning Ethereum as a favorable investment vehicle.
- Ethereum faces the challenge of maintaining critical support at $2,600, crucial for sustaining the Altseason and preventing market retreat.
- Ethereum's bullish energy and strong support base present a potential to outperform Bitcoin in the short term, supported by positive sentiment indicators.
- Despite market uncertainties, Ethereum's growing accumulation trend and investor confidence suggest a possible bull run, dependent on support levels.
- A downleg in the broader crypto market could impact Ethereum's rally; critical support at $2,600 will be key in determining its price action.
- Ethereum's performance indicates a promising outlook but also underscores the need for thorough research and caution when investing in cryptocurrencies.
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NullTX
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Ethereum Layer 2 Networks See Strong Growth, But Arbitrum DAO Faces Backlash Over Investment Proposal
- The Ethereum Layer 2 ecosystem is rapidly expanding with a total value locked across L2 networks reaching $37.62 billion, showcasing a 3.03% increase over the past week.
- Projects are increasingly opting for Layer 2 solutions over Layer 1 due to scalability issues and high gas fees on Ethereum's mainnet, leading to enhanced efficiency and cost-effectiveness for dApps.
- Top 3 Layer 2 networks by TVL are Arbitrum One ($14.52B), Base ($12.35B), and Optimism Mainnet ($5.39B), demonstrating significant growth and adoption.
- Arbitrum One and Base focus on optimistic rollups, while ZKsync Era and Starknet use zk-rollups, with varying degrees of growth and adoption in the L2 ecosystem.
- Arbitrum DAO's proposal to invest in non-Arbitrum native protocols like Lido and Aave sparked controversy within the community, with critics expressing concerns about diverting funds from native projects.
- The proposal's defenders argue that partnerships with prominent DeFi protocols could enhance cross-network integrations and system functionality, benefiting Arbitrum users.
- The growth and governance of Layer 2 networks like Arbitrum play a crucial role in Ethereum's future development, particularly in the face of scalability challenges and evolving technologies.
- The ongoing expansion of Layer 2 solutions signifies a promising outlook for Ethereum, as these networks become increasingly vital to the overall blockchain ecosystem and decentralized finance landscape.
- The debate around investment choices highlights the strategic decisions faced by Layer 2 networks in balancing internal ecosystem development with external partnerships for long-term sustainability and growth.
- Scalability, driven by Layer 2 technologies and Ethereum's shift to proof-of-stake, will shape the future of blockchain applications, with Ethereum likely to remain a central player in decentralized finance and blockchain innovation.
- Cryptocurrency and investment disclaimer: This summary does not constitute trading or investment advice. It is advisable to conduct thorough research before engaging in cryptocurrency transactions or utilizing related services.
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Bitcoinist
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Bybit Restores Reserves After Hack: Secures 447,000 Ether Through Emergency Funding
- Crypto exchange Bybit has replenished its reserves following a $1.5 billion hack.
- The breach occurred during an internal transfer, and hackers redirected the funds to an unknown address.
- Bybit secured 447,000 ether through emergency funding and restored its reserves.
- A 10% bounty has been offered to recover the stolen funds, which were reportedly dispersed across 50 wallets.
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Cryptopotato
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Ethereum (ETH) Price Sinks Below $2,400 Amid February Market Uncertainty
- Ethereum (ETH) prices have dropped below $2,400 as the cryptocurrency faces its worst February in years.
- Macroeconomic factors, including new tariffs and market uncertainty, have contributed to the instability.
- A recent security breach on the Bybit exchange resulted in the theft of $1.4 billion in crypto, mostly ETH, impacting market stability.
- ETH has struggled to maintain key support levels and analysts suggest that its next major support lies at $2,250.
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Crypto-News-Flash
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Ethereum Devs Begin Pectra Testing—New Rewards, Account Abstraction & L2 Scaling
- Ethereum's Pectra upgrade begins testing on Holesky testnet today.
- Pectra increases Ethereum validator staking limits from 32 ETH to 2,048 ETH.
- Pectra brings enhancements in account abstraction and layer-2 scaling.
- The upgrade aims for scalability, better validator incentives, and improved user experience.
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Cryptopotato
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$200 Billion Exits Crypto Space as Markets Plunge to Support
- Crypto market capitalization drops 8%, wiping out nearly $200 billion in 24 hours.
- Total market cap falls below $3.1 trillion, lowest since mid-November.
- Over 314,000 traders liquidated, totaling almost $1 billion in losses.
- Bitcoin and Ethereum experience significant price drops, while altcoins also suffer double-digit losses.
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Zebpay
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Ethereum Technical Analysis Report | 25th February 2025
- Ether's price declined by 5% despite Bybit's purchase of $740 million worth of ETH from the open market.
- Ether futures open interest fell from 8.82 million ETH to 8.52 million ETH, indicating traders closing leveraged positions.
- ETH was trading at $2,497 at the time of writing.
- After a relief rally, ETH broke down from the range and has support at $2,350 and $2,150, with resistance at $2,800-$3,000.
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Coinpedia
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Why Ethereum is Going Down Today?
- The Ethereum price drops by ~10% in 24 hours with a trading volume of $31.750 billion.
- Technical indicators suggest increased negative sentiment and a bearish outlook.
- Crucial resistance and support levels for Ethereum are $2,870 and $2,175.
- The drop in Ethereum price is attributed to Donald Trump's tariff announcement and massive liquidations.
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Cryptopotato
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XRP Leads Altcoin Inflows with $38.3M Amid Surging Investor Interest: CoinShares
- Investors pulled $508 million from digital asset investment products last week, marking a reversal after 18 weeks of inflows.
- XRP attracted $38.3 million in inflows, leading the altcoin category.
- The US Securities and Exchange Commission (SEC) case is driving investor interest in XRP.
- The United States saw significant outflows of $560 million, while Europe experienced steady inflows.
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Newsbtc
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Ethereum Price Sinks 10% – Is This a Buying Opportunity?
- Ethereum price started a fresh decline from the $2,850 resistance zone.
- ETH is down over 10% and is struggling to stay above the $2,500 level.
- Ethereum is facing an increase in selling below the $2,650 zone.
- The pair could start a decent upward move if it settles above $2,600 and $2,650.
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