Tag: ETH

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

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Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this uptick is not enough to erase the previous week’s losses, it may signal the beginning of a recovery phase. Is Ethereum At The End Of Its Correction According to the latest analysis from renowned crypto…

SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

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The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […] Original

Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

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Este artículo también está disponible en español. Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Related Reading Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the low…

Bitcoin Price (BTC) Gained 3.0% While Ether Price (ETH) Gained 3.7% as CoinDesk 20 Rallied

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Ethereum Foundation offloads 450 ETH in latest sale

The Ethereum Foundation has kept up its streak of selling ETH this year, most recently offloading 450 ETH for 1.029 million DAI. According to the analytics platform SpotOnChain, on Sept. 9, the Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, shed 450 ETH from its holdings and swapped it for the stablecoin DAI. This transaction followed a sale of 100 ETH for 241,000 DAI on Sept. 5, bringing the Foundation’s total sales for 2024 to 3066 ETH.  Further, On Sep. 6, the Foundation transferred an additional 1,000 ETH,…

North Korean Group Behind $230M WazirX Hack Move $11M Stolen Ether (ETH) to Tornado Cash

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

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Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.” The project is a ZK rollup, one of the two main types of rollup solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. ZK rollups run computations off the chain and then…

Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

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Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. Related Reading This dramatic drop has left investors and traders questioning the reasons behind Ethereum’s struggle. A recent report from CryptoQuant offers some clarity, pointing to several factors that may…

Solana (SOL), ETH Stumble as Mpeppe Builds Aggressive Momentum

Este artículo también está disponible en español. The cryptocurrency market has been on a rollercoaster ride in 2024, with major altcoins like Solana (SOL) and Ethereum (ETH) grappling with intense volatility. While these top-tier projects have been struggling to maintain their positions, Mpeppe (MPEPE), a rising meme coin, has gained aggressive momentum, attracting investors looking for more dynamic opportunities. Solana (SOL)’s Struggles in 2024 Solana (SOL), once heralded as a breakthrough blockchain for its speed and scalability, has encountered significant hurdles in recent months. Despite being one of the top…

Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Gained 0.9%

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…