A naukri.com initiative
Ethereum News
Bitcoinist
2M
110
Image Credit: Bitcoinist
Ethereum Retests Symmetrical Triangle Pattern, Analyst Sets Next Target
- Crypto analyst Trader Tardigrade predicts an upward move for Ethereum, retesting a symmetrical triangle with a target of $3,180.
- Analyst Titan of Crypto suggests a symmetrical triangle still in play for Ethereum with a potential target of $6,000 when it breaks out.
- Trader Tardigrade identifies another bullish pattern, projecting Ethereum could rally as high as $4,500.
- Crypto analysts Merlijn and Marco Polo also foresee a massive move for Ethereum, with potential targets ranging from $8,000 to beyond $3,000.
Read Full Article
6 Likes
Crypto-News-Flash
2M
91
Image Credit: Crypto-News-Flash
Ethereum News: ETH Tops Coinbase Trading Charts—Signs of Growing Institutional Interest?
- Ethereum surpassed Bitcoin to become the most-traded asset on Coinbase, reaching a trading volume of $367 million in the last 24 hours.
- Increasing institutional interest in Ethereum is indicated by rising inflows into spot Ethereum ETFs in the US, totaling nearly $400 million this month.
- The upcoming Pectra upgrade, scheduled for early April, is expected to boost Ethereum's market performance and efficiency.
- Despite recent market success, Ethereum still faces challenges in closing the gap with Bitcoin and maintaining its rise.
Read Full Article
5 Likes
Crypto-News-Flash
2M
238
Image Credit: Crypto-News-Flash
Ethereum Holders Are Moving ETH—Here’s Why
- Ethereum is leaving exchanges at a record pace, with only 6.38% of its supply available.
- Analysts predict ETH could reach $14,000 by 2025, fueled by institutional interest and favorable trends.
- Institutional investors are showing increased interest in Ethereum, contributing to its value and stability.
- Positive economic and political factors, as well as the tokenization of real assets, favor the rise of Ethereum.
Read Full Article
14 Likes
Cryptoninjas
2M
275
Image Credit: Cryptoninjas
Ethereum Supply Squeeze: Exchange Reserves Plunge to 9-Year Low
- Investors are moving ETH to cold storage, indicating long-term confidence in Ethereum's future.
- ETH reserves on exchanges are at their lowest levels since 2016, reducing sell-side pressure.
- Potential staking ETFs could further tighten ETH supply, enhancing its value as a primary investment asset.
- Current Ethereum exchange reserves are at their lowest in eight years, signaling a supply scarcity and potential price surge.
- Declining ETH supply on exchanges could lead to a 'supply shock' scenario, boosting prices due to increased demand.
- Investors transferring ETH to cold storage reflects a shift towards long-term holding and confidence in ETH's value growth.
- Moving assets to cold storage signifies a bullish trend and emphasizes a broader shift towards long-term investments in cryptocurrencies.
- Ethereum's performance outshines the broader market, with growing investor optimism and potential price gains in the near term.
- Technical analysis indicates Ethereum is below key moving averages, suggesting caution among traders for an extended bullish trend.
- ETH's transition to proof-of-stake and its utility in DeFi support its future growth potential and position as a store of value.
Read Full Article
16 Likes
TronWeekly
2M
160
Image Credit: TronWeekly
Ethereum ETFs Surge $393M While Bitcoin ETFs Face Crisis
- Ether ETFs in the U.S. saw inflows of $393 million this month, highlighting strong investor confidence in Ethereum.
- Bitcoin ETFs faced outflows of $376 million, signaling a shift in investor sentiment away from Bitcoin.
- Carry trading strategies and bullish sentiment contributed to increased demand for Ether ETFs.
- Ethereum's upcoming Pectra upgrade, scheduled for April 8, is expected to drive future gains.
Read Full Article
9 Likes
TronWeekly
2M
298
Image Credit: TronWeekly
Ethereum Surges to 12-Day High as Exchange Supply Hits Record Low
- Ethereum gained momentum, reaching a 12-day high of $2,832 before settling at $2,720.
- ETH's exchange supply is at its lowest level since inception, signaling strong accumulation.
- ETH outperformed most cryptocurrencies, indicating improving sentiment and a potential market recovery.
- Ethereum's valuation against Bitcoin remains weak, requiring strong catalysts to regain traction.
Read Full Article
17 Likes
Crypto-News-Flash
2M
27
Image Credit: Crypto-News-Flash
The Mystery Behind Hu Lezhi’s $7M Ethereum Burn in Protest of Brain Control—What Really Happened?
- Hu Lezhi burned $1.65 million in Ethereum to protest alleged brain-control organization.
- He accused Chinese hedge fund WizardQuant of using brain-computer weapons on its employees.
- By burning Ethereum and donating to various entities, Lezhi aimed to draw public scrutiny to the issue.
- The allegations of brain control technology and the broader implications of using blockchain for protest are subjects of ongoing debate.
Read Full Article
1 Like
Newsbtc
2M
403
Image Credit: Newsbtc
Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum
- Despite facing intense selling pressure and struggling to regain the $2,800 mark, Ethereum must hold the $2,600 level to sustain its momentum and prevent a broader market sell-off.
- Analysts believe that Ethereum's inability to break through key resistance levels and its relative weakness compared to Bitcoin suggest the possibility of further downside risks for altcoins.
- Top crypto analyst Ali Martinez warns that altseason could be canceled if Ethereum fails to hold the crucial support level of $2,600, triggering a broader sell-off in altcoins.
- In the short-term, bulls need to defend the $2,600 level to confirm a sustainable rally, while bears remain in control as long as Ethereum stays below $2,800.
Read Full Article
24 Likes
Newsbtc
2M
252
Image Credit: Newsbtc
FTX Payouts Begin Today, Will Bitcoin Price Rally Or Crash In Response?
- FTX creditor payouts are set to begin, starting with smaller creditors.
- The payouts could reshape liquidity flows across the crypto market.
- The impact on Bitcoin and altcoins will depend on how investors reinvest the repayments.
- Crypto analyst Excavo suggests a significant portion could flow into altcoins, leading to a Bitcoin price rally.
Read Full Article
15 Likes
TronWeekly
2M
114
Image Credit: TronWeekly
XRP Ledger Disrupts Wall Street: Tokenized US Treasuries Now Tradable 24/7
- Ripple and Ondo Finance partner to bring US Treasuries to XRP Ledger, revolutionizing traditional finance.
- XRP's decentralized exchange (DEX) already handles over $400M in monthly volume, and the introduction of tokenized Treasuries is expected to significantly increase trading volumes.
- XRP's instant settlement and low fees pose a challenge to Ethereum's dominance in tokenized assets.
- The partnership signifies the growing adoption of blockchain technology in traditional finance and positions XRP Ledger as a major player in the future of global finances.
Read Full Article
6 Likes
Coinpedia
2M
69
Image Credit: Coinpedia
Why Ethereum Is Down Today: Analyzing the $2,750 Rejection and Potential Rebound
- Ethereum failed to sustain its recovery, reversing from the $2,750 resistance.
- Weakening technical setup and increased selling pressure raise concerns of a potential dip to $2,400.
- ETH supply on exchanges has dropped to an all-time low, suggesting strong accumulation.
- If sentiment shifts, a rebound toward $3,000 remains possible, but continued bearish dominance could test the $2,400 support zone.
Read Full Article
4 Likes
Tokenhell
2M
344
Bitcoin and Ethereum Investment Products Bleed $400M as Inflation Concerns Grow
- Bitcoin and Ethereum investment products have recorded the highest outflows since the start of the year, losing over $400 million in the past seven days.
- The outflows are driven by uncertainty over US monetary policy, as Federal Reserve Chair Jerome Powell stated that the American Central Bank wasn't in a hurry to cut interest rates.
- Despite the recent outflows, approximately $25 billion has been invested in crypto products since last October, with Bitcoin accounting for around 81% of the inflows.
- Traders have reacted to the latest inflation report, with concerns about rising inflation impacting Bitcoin's performance, and predictions of a 51% chance of a rate cut in July.
Read Full Article
20 Likes
Bitcoinist
2M
376
Image Credit: Bitcoinist
Ethereum Exchange Reserve Continues To Be At 2016 Lows: Bullish Sign?
- The Ethereum Exchange Reserve has remained at its lowest level since 2016.
- A decline in the exchange reserve suggests investors are accumulating, which can be bullish for ETH.
- Coins leaving exchanges could indicate investors prefer holding in self-custodial wallets.
- The ETH price is currently floating around $2,700, with a 1.5% increase in the last seven days.
Read Full Article
22 Likes
Coinjournal
2M
160
Image Credit: Coinjournal
Hyperliquid launches its general-purpose EVM and unveils bug bounty program
- Hyperliquid has launched its general-purpose EVM dubbed HyperEVM.
- The HyperEVM integrates with Hyperliquid’s L1 consensus mechanism for security.
- Hyperliquid has introduced a bug bounty program offering up to $1M for identified bugs.
- The bug bounty program covers potential vulnerabilities in the integration of EVM with Hyperliquid’s native functionalities.
Read Full Article
9 Likes
Blockonomi
2M
192
Image Credit: Blockonomi
$7M Worth of Ethereum Burned and Donated by Anonymous Developer
- An anonymous programmer named Hu Lezhi burned and donated approximately $7 million worth of Ethereum (2,553 ETH).
- 603 ETH ($1.65M) was sent to an unspendable burn address, permanently removing the tokens from circulation.
- Over 700 ETH (around $2M) was donated to various addresses, including the Wikileaks wallet.
- Lezhi claimed to be monitored by a 'brain-control organization' and accused WizardQuant Capital Management of using 'brain-computer weapons.'
Read Full Article
11 Likes
For uninterrupted reading, download the app