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Ethereum News
TronWeekly
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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.
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Coinpedia
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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.
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Tokenhell
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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.
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Bitcoinist
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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.
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Coinjournal
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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.
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Blockonomi
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$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.'
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TronWeekly
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Ethereum (ETH) Supply Crisis Unleashes Potential for a $3,300 Explosion
- Ethereum rebounds, reaching $2,745, outperforming other altcoins this week.
- ETH supply on exchanges drops to 6.38%, indicating strong accumulation in cold wallets.
- Projections suggest Ethereum could reach $3,300 within a week.
- Market sentiment is improving as Ether draws renewed interest from retail and institutional participants.
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Coinpedia
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Hu Lezhi’s $7M Ethereum Burn Exposes Brain-Control Claims – What’s the Truth?
- Programmer Hu Lezhi carried out an extreme protest by burning and donating $7 million worth of Ethereum.
- He claimed to be manipulated by a brain-control organization and accused Chinese hedge fund WizardQuant of using brain-control weapons on its employees.
- His actions drew global attention to his claims, sparking skepticism in the crypto community.
- However, there is no clear evidence linking Lezhi to WizardQuant or verifying his claims at present.
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TheNewsCrypto
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Ethereum (ETH) Price at a Crossroads as February Comes to a Close
- Ethereum (ETH) failed to break resistance near $2,850 and is trading at $2,689.
- Ethereum's daily trading volume has increased by over 105%.
- A whale recently deposited 5,000 ETH worth $13.57 million to Binance, potentially causing selling pressure.
- Ethereum's price movement is currently undecided, with potential for both bullish and bearish scenarios.
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TronWeekly
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Ethereum Vs. Solana: Is Ethereum Finally Winning the Stablecoin Battle?
- Stablecoin reserves on Ethereum increased by $1.1B, while Solana's reserves dropped by $772M.
- With gas fees falling below 2 gwei, Ethereum is reducing costs and solidifying its position in the DeFi ecosystem.
- Ethereum-based stablecoins are gaining strength in the market, with an increase in reserves of USDT and USDC.
- The convergence of lower transaction costs and increased stablecoin reserves suggest Ethereum's dominance in the stablecoin battle.
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Cryptoticker
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Chinese Whale Hulezhi Donates 2000+ ETH Before Tragic End - Full Story
- Chinese crypto whale Hulezhi donated over 2000 ETH to charities before ending his life.
- A significant portion of the donation, 500 ETH, was sent to the burn address 0x0dead.
- Speculations arise about Hulezhi's motivations, as his final messages suggest he believed he was brainwashed since childhood.
- In the midst of the situation, Ethereum gas fees have surged, causing concerns about its scalability.
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Cryptopotato
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Bitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance
- Digital asset investment trends have reversed with outflows reaching $415 million after 19 consecutive weeks of inflows post-US election.
- Bitcoin faced the heaviest losses, with outflows reaching $430 million, due to concerns arising from the Federal Reserve Chair's remarks on tighter monetary policy.
- Ethereum experienced $7.2 million in outflows, while Solana led inflows with $8.9 million.
- The United States accounted for the majority of losses with $464 million in outflows, while Germany led with $21 million in inflows.
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Crypto-News-Flash
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New Bitcoin Spiral Clock Model Predicts When BTC Bull Run Will End
- Bitcoin’s bull run is projected to peak between October and December 2025, reaching $270K–$300K.
- The Bitcoin Spiral Clock model aligns price cycles with halving events, predicting a late 2025 market top.
- The final surge is expected once Bitcoin crosses the $100,000 threshold.
- Key milestones to watch include Bitcoin hitting $200,000 by April 16, 2025.
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NullTX
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ETHEREUM PRICE ANALYSIS & PREDICTION (February 17) – ETH Continues to Face Resistance at $2.8k, Can it Push Higher
- Ethereum faces resistance at $2.8k and a strong rejection could trigger a fresh downturn.
- Bearish movement in the short term, with a lower low and lower high pattern.
- ETH's current surge supported by $2,600, breaking below may cause havoc.
- Key resistance levels at $2,920, $3,213, $3,450, key support levels at $2,600, $2,480, $2,310.
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Newsbtc
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Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target
- Ethereum is currently trading within a 4-hour symmetrical triangle, indicating a potential breakout.
- If Ethereum breaks out to the upside, it could reclaim key supply levels and target $3,000.
- Failure to hold current levels and a breakdown from the triangle could lead to further declines.
- The next few trading sessions will likely determine Ethereum's short-term trajectory.
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