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Tag: Ethereum

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The Blockchain Bandit is Back After 5 Years, Moves $172 Million in Ethereum

In Brief The Blockchain Bandit, known for exploiting weak private keys, has moved 51,000 ETH ($172M) into a multi-signature wallet. The funds were transferred from 10 dormant wallets last active in 2018, marking the attacker’s reappearance after five years. Experts suggest the move could indicate plans for liquidation, laundering, or funding new exploits, raising concerns…
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Investors Scoop $300 Million Ethereum In a Day After Price Fails to Breach $3,500

In Brief Ethereum investors bought 87,000 ETH worth $300 million in 24 hours, signaling confidence in a recovery toward $4,000. Active address momentum surpasses the yearly average, reflecting increased network activity and solidifying ETH’s support at $3,327. Breaching $3,524 resistance could push ETH to $4,000, but losing $3,327 may lead to a drop toward $3,000,…
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Ethereum Price Outlook: ETH Large Transactions Hit $11 Billion Amid 10% Rebound

In Brief Ethereum large transactions hit 2.83 million ETH, signaling increased institutional activity and further upside. Market sentiment is turning bullish, which could support Ethereum’s price rebound beyond the $4,500 mark. ETH might break the $3,982 resistance and rally toward $4,500. Failing that, the price could decline to $3,178. The Ethereum (ETH) price outlook has…
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Ubisoft Integrates Ethereum Name Service for Captain Laserhawk Universe

In Brief Ubisoft integrates ENS subnames into the Captain Laserhawk Universe, enabling blockchain-based player identities. Players receive personalized Niji Warrior ID Cards linked to Ethereum addresses for secure in-game asset ownership. “Captain Laserhawk: The G.A.M.E.” launches on December 18, 2024, as a Web3 shooter built on Ethereum’s Arbitrum network. Ubisoft has collaborated with Ethereum Name…
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Ethereum’s $4,000 Barrier Fails to Shake Trader Confidence

In Brief Ethereum struggles to break the $4,000 barrier, with its price reaching a high of $4,093 on December 6. Ethereum’s Taker Buy-Sell Ratio hits a monthly high of 1.033, indicating bullish market sentiment and rising buy orders. The coin’s positive funding rate and rising On-Balance Volume suggest strong buying pressure, supporting an upward price…
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Ethereum (ETH) Bull Run to Resume and Last Into 2025, Michael van de Poppe Predicts

In Brief Michaël van de Poppe predicts Ethereum’s bull run will resume in late 2024 and last into 2025, supported by key resistance tests. The IOMAP data shows robust support at $3,715, setting a foundation for potential rallies to $4,500 in a bullish scenario. ETH price must hold above $3,505 to confirm bullish momentum, with…
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Ethereum On-Chain Data Warns of Brief ETH Decline Amid Falling Network Activity

In Brief Ethereum price-DAA divergence has dropped to the negative zone, indicating low activity on the network. Coins Holding Time also decline, suggesting that some ETH holders have sold after the price hit $4,000. Ethereum 4-hour analysis suggests that the cryptocurrency’s value could slide to $3,788 or $3,572. Several Ethereum (ETH) on-chain metrics suggest a…
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Ethereum Hits 3-Year High as ETFs See Record $752 Million Weekly Inflows

In Brief Ethereum hits $4,089, its highest price in nearly three years, fueled by record ETF inflows. US Ethereum ETFs see $428.4M net inflow in one day, marking their largest weekly inflow since launch. Institutional interest grows, with state pension funds and firms like BlackRock leading investments. Ethereum (ETH) surged to its highest price in…
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Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead

In Brief Ethereum’s 30-day MVRV ratio remains at a point far below potential market top, suggesting more upside. Previously dormant coins are also involved in transactions, reinforcing the bullish thesis around Ethereum. Analysis shows that ETH could rally toward $4,000, but could decline to $3,000 if selling pressure increases. Recently, Ethereum (ETH) showed signs of…
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Ethereum Whales’ Activity Points to New ETH All-Time High, Analyst Says

In Brief Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. LTHs are starting to potentially sell, increasing “Liveliness” but risking price pressure if liquidations persist amid bullish momentum. If ETH flips $3,327 to support, it could rise toward $3,524; failure to hold may prompt a…
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