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Ethereum’s $10K Path: 2025 Price Analysis from Multiple Sources

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Ethereum ( ETH ) price prediction has become a key topic for crypto investors and analysts. As the second-largest cryptocurrency by market value, ETH ’s growth potential is closely monitored. This Analysis examines expert forecasts and market trends to assess wh ETH er ETH could reach $10,000 by 2025. The Ethereum network keeps changing, and its smart contract Features and role in decentralized finance (DeFi) make it a significant player in the digital asset world. We consider both positive and negative scenarios when determining what could affect ETH ’s price. Also Read: SEC Officially Approves Spot Ethereum ETF Trading for Tomorrow Analyzing Expert Predictions for Ethereum (ETH) in 2025 Source: WatcherGuru Current Market Status of Ethereum As of July 2024, ETH trades at $3,943, showing considerable growth from previous years. This price shows a strong recovery from the lows in 2022 and early 2023. Factors Influencing Ethereum’s Price Tech Improvements The switch ...

Can Ethereum [ETH] Hit $3,500 This Weekend?

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Over the last seven days, Ethereum [ETH] has dropped by 7%. The largest altcoin took a hit similar to the rest of the market. At press time, ETH was trading at $3,090.81 with a daily surge of 0.33%. During its recent rally, the community expected ETH to revisit its all-time high of $4,891.70. But things did not go as expected. The real question is whether Ethereum will continue trading at its current level or witness an upgrade to $3,500 this weekend. Changelly revealed that Ethereum will indeed have a bullish week ahead. The altcoin is expected to surge to a high of $3,172.27 following a 2.85% rise from its current levels. While the altcoin is still away from the $3,500 zone, the upcoming days could build ETF to reach its milestone. Source Factors like market sentiment, regulatory concerns, and the launch of exchange-traded funds [ETFs] could boost the price of Ethereum. Also Read: Upbit Lists Ethereum Name Service: A Market Impact Analysi s Ethereum ETFs To Hit the Market Sooner Than...

Will This Week Favor Bullish Streaks for ETH, Cardano, BNB, & Doge? Will This Week Favor Bullish Streaks for ETH, Cardano, BNB, & Doge?

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The altcoin market is currently reeling under pressure triggered by the latest Bitcoin crash. The prices of Ethereum, Dogecoin , BNB , and Cardano are down significantly, trading in red.  Bitcoin has lost 9% of its valuation in its recent price dip; however, with experts weighing in, it seems that Bitcoin is mimicking its 2020 bull run stance.  As analysts pour in positive price predictions for BTC, the altcoin market is also expected to recover some of its lost graces alongside BTC’s momentum surge, stabilizing investors’ portfolios to the right. For Ethereum, Dogecoin , and ADA holders, here’s how this weekend will help altcoins seek stable price thresholds.  Also Read: Ethereum Price Prediction Post ETF Launch: Is ETH Eyeing $3,500?  Weekend Altcoin Price Predictions Source: Pexels #1 Cardano While Cardano is still experiencing a massive market crunch, ADA’s striking popularity remains unfazed by the current market stance. ...

Starknet L2 initiates test transactions from Ethereum mainnet

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The official Starknet Ethereum address made seven cross-chain transactions ahead of the anticipated launch of STRK, the protocol’s native token expected by Q2 2024.  Starknet transferred less than three STRK tokens between Ethereum’s mainnet and the project’s layer-2 network, per data seen on block explorer Starkscan. The action was likely part of an on-chain test exercise for the Ethereum-based scaling solution before developers rolled out the ERC-20 cryptocurrency. STRK test transactions | Source: Starkscan The transactions for users and network participants indicate progress toward STRK’s launch, which may accompany an airdrop and community rewards. The Starknet Foundation revealed 1.8 billion STRK tokens earmarked for its distribution plan in December last year.  Half that amount was designated network rebates to reward users already transacting on the L2 chain, crypto.news noted. Beneficiaries of the Early Community Member Program are also set to receive a portion o...

BlackRock’s Larry Fink points to value in Ethereum ETFs, crypto asset class

Larry Fink, CEO of BlackRock, likened Bitcoin to gold a day after spot BTC ETFs went live but forecasted slim chances for cryptos as currency.  Speaking with CNBC on digital assets, ETFs, and tokenization, BlackRock’s CEO noted that the world’s largest asset manager sees value in spot Ethereum (ETH) ETFs as another crypto-related investment product following the successful launch of identical funds underpinned by Bitcoin (BTC), crypto’s biggest token.  Fink clarified that BlackRock views crypto currencies as a prospective asset class , with Bitcoin utility revolving around storing and protecting wealth akin to the popular yellow metal. His comments also alluded to BTC’s hardcoded 21 million supply with the halving upcoming in April, touting scarcity as one factor behind future price increments. Part 2: ETH ETF pic.twitter.com/qnmB7azyQN — Cryptik1.eth | (@Cryptik1E) January 12, 2024 You might also like: Vanguard, other tradfi giants boycott spot Bitcoin ETFs Black...

Bitcoin vs. Ethereum: What Are Institutional Investors Buying?

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The crypto currency market is currently experiencing a resurgence, marking its best performance since May 2022. Bitcoin and Ethereum, the two leading digital assets, have breached significant price levels. Bitcoin [BTC] surpassed $41,000 and Ethereum [ETH] reached $2,200. The cumulative effect of this rally has elevated the total crypto market cap to an impressive $1.54 trillion, setting a high for 2023. Amidst this fervor, institutional investors are playing a crucial role in shaping the market dynamics. Source: ETF Trends Bitcoin Dominance and Institutional Enthusiasm In the first three quarters of 2023, institutional traders have exhibited a notable increase in their Bitcoin holdings, nearly doubling their positions. By September, half of their assets were denominated in Bitcoin, a trend driven by positive market sentiment and heightened anticipation regarding the potential approval of a spot BTC exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). T...

Near Foundation and Eigen Labs partner to enhance Ethereum rollups

The Near Foundation and Eigen Labs are joining forces to improve the efficiency and reduce the cost of transactions on Ethereum rollups. The Near Foundation and Eigen Labs have announced a partner ship that stands to significantly enhance the functionality and efficiency of Ethereum rollups . The Near Foundation, known for developing the Near protocol, and Eigen Labs, the creators of the restaking protocol Eigen Layer, are joining forces to address some of the current challenges in the Ethereum (ETH) ecosystem. The core objective of this collaboration is to reduce the cost and increase the speed of transactions on Ethereum rollups . According to official statements, the partner ship is set to achieve transaction times of three-to-four seconds, a notable improvement from current standards. Additionally, this initiative aims to facilitate low-latency communication across rollups, thereby reducing the fragmentation of liquidity between different Layer 2 solutions. You might als...

UBS Unveils Crypto Futures ETFs for Hong Kong’s Elite

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In a strategic move to capitalize on the expanding crypto market in Hong Kong , UBS Group has reportedly initiated the offering of crypto -linked exchange-traded funds (ETFs). However, it is limited to specific clients, mirroring a similar initiative by its competitor, HSBC. As revealed by an insider to Bloomberg, affluent clients of UBS now have access to three crypto -related futures ETFs on the bank’s platform. These selected ETFs, namely Samsung Bitcoin Futures Active, CSOP Bitcoin Futures, and CSOP Ether Futures ETFs, have received approval from Hong Kong ’s Securities and Futures Commission. This marks a significant milestone in UBS ’s entry into the crypto currency investment landscape. UBS’s Crypto Offering The decision to allow high-net-worth clients to trade crypto -linked ETFs underscores UBS ’s commitment to maintaining a leading position in financial services innovation. The trio of offered ETFs caters to various aspects of the crypto cur...

Rocket Pool proposal triggers negative buzz

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A recent surge of negative sentiment against the decentralized staking protocol Rocket Pool (RPL) has puzzled data onlookers. According to crypto analytics provider Santiment, RPL saw a spike in mentions on Nov. 6, topping the trending chart with 40% of that chatter’s negative tone. The vitriol stands in stark contrast to the sunny outlook for Ethereum (ETH), which garnered over 54% positive and 29% negative sentiment on the same day. Rocket Pool’s social value | Source: Santiment What is Rocket Pool, and why the hate? Rocket Pool aims to open up Ethereum staking to users who lack the 32 ETH needed to run a solo validator node. Using a tokenized staking system called rETH, users can stake with as little as 0.01 ETH and earn staking rewards. You might also like: Coinbase invests in Rocket Pool, RPL rises 8% The protocol also enables node operators to earn higher returns than solo staking by taking a cut of rewards from user deposits. Rocket Pool emphasi...

Ethereum futures ETFs could start trading next week — Bloomberg analyst

An impending US government shutdown may be accelerating the launch of Ethereum futures ETFs, analysts suggest. Ethereum futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analyst s. On Sept. 28, Bloomberg Intelligence analyst James Seyffart said it was “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” His comments were in response to fellow ETF analyst Eric Balchunas who said he was hearing that the SEC wanted to “accelerate the launch of Ether futures ETFs.” “They want it off their plate before the shutdown,” he said, adding that he's heard the various filers to update their documents by Friday afternoon so they can start trading as early as Tuesday next week. Looking like the SEC is gonna let a bunch #Ethereum futures ETFs go next week potentially https://t.co/YoBD1d1ay8 — James Seyffart (@JSeyff) September 28, 2023 The U.S. government i...

Trigger For Bitcoin And Ethereum Amid Crypto Market Uncertainty

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Grayscale Ruling As Trigger For Crypto Recovery Bloomberg’s analysts think Grayscale has a 70% chance of winning the lawsuit against the US SEC, which will bring positive sentiment to the crypto market, triggering high chances of most spot Bitcoin ETF approval this year. Currently, SEC is reluctant to approve any spot Bitcoin ETF this year. advertisement Traders are actively waiting for a decision in the Grayscale vs SEC lawsuit as it was delayed last week. Some believe the p otential decision in the Grayscale vs SEC case is tomorrow. In fact, GBTC is looking strong despite a fall in BTC price, as per data by Coinglass. Grayscale Investments has also put out an advert to employ a Senior ETF Associate as it nears the tail end of its lawsuit with the SEC. Read More: Days Of Big Bitcoin Pumps Are Over, Says Bloomberg’s Mike McGlone Recommended Articles ...

Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

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Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull. Uniswap dev loses job, was it worth it? A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for alleged ly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800. It is understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 before selling the tokens raised from the liquidity shortly after. Adams publicly confirmed the sacking of AzFlin, adding that such behaviour is neither supported nor condoned at Uniswap Labs. Wanted to let people know this person is no longer with the company. Not behavior we support or condone. https://t.co/sxVowwIR3Q — hayden.eth (@haydenzadams) August 12, 2023 The developer has mocked the situation at hand with a series of light-hearted posts along with a new X (formerly Tw...

Crypto investors cool on Bitcoin funds, turning to Ether and XRP

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Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. Bitcoin-related invest ment products appear to have lost some of their sheen among crypto invest ors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June. According to a July 24 report by CoinShares’ head of research, James Butterfill, Bitcoin (BTC) investment products saw outflows of $13 million for the week ending July 21, reversing five weeks of inflows. Short Bitcoin products also saw outflows of $5.5 million in the week. Bitcoin Fear and Greed Index is 50 ~ Neutral Current price: $29,178 pic.twitter.com/T1DMFpsX9p — Bitcoin Fear and Greed Index (@BitcoinFear) July 25, 2023 In contrast, Ethereum (ETH) and XRP (XRP) invest ment products recorded combined inflow of $9.2 million over the last week. Butterfill noted that Ethereum invest ment products were the best performer last week...

Arcadia Finance hacker used reentrancy exploit, team demands return of funds

In a post-mortem report, Arcadia Finance developers said an attacker stole funds by liquidating a vault before it could perform a health check, interrupting the app’s normal flow of operations. The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “reenter” a contract or interrupt it during a multi-step process, preventing the process from being completed correctly. The team has sent a message to the attacker demanding the return of funds within 24 hours and threatening police action if the hacker fails to comply. Post Mortem of ongoing situation, providing a technical overview and sharing more information on next steps.https://t.co/NPNbbSzKBQ — Arcadia Finance (@ArcadiaFi) July 10, 2023 Arcadia Finance was exploit ed on the morning of July 10 and drained of $455,000 worth of...

How Argentina’s inflation is helping altcoins and the crypto market

Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors. On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation , which proves that people continue to work and consume (somehow) even if their local currency loses its value. What is the lesson here? For starters, everyone wants free money. That explains why altcoin s and airdrops continue to attract attention, regardless of whether the majority of investors end up being unprofitable. You might think that those investors would quickly learn their lesson, but in reality, quite the opposite occurs. All it takes is a new market ing strategy — a new way of promising free money — just like the Argentines have a tendency to forget the mess the governments have caused over the course of 10 years. For Pechman, the bottom line is: Forget any promise of free money or ...

4 reasons why Ethereum price can't break $1,970

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The Ethereum network has faced withdrawals from its smart contract applications, putting the recent ETH price rally in check. Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment. Macro headwinds from the Fed Besides the external factors, the Ethereum network has faced withdrawals from its smart contract applications, which also put the June rally in check. Investors now question whether the tailwinds from Bitcoin’s (BTC) ETF requests have faded, opening room for a correction down to the $1,700 level last seen on June 16. The recent macroeconomic events may provide some hints, including the, U.S. Gross Domestic Product grew by an annualized 2% in the first quarter, Germany’s Consumer Price Index increased 6.8% in June versus the previous year, and The China Caixin global services purchasing managers’ i...