In Brief Hong Kong has reportedly approved Bitcoin and Ethereum as valid proof of assets for investment immigration applications. Reports indicate that two applicants have successfully used cryptocurrency holdings to meet the HK$30 million requirement. This decision reinforces Hong Kong’s ambition to become a global digital finance hub while ensuring regulatory oversight on crypto. Hong…
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In Brief Over 410,000 ETH worth $1.3 billion was sold in a week, reflecting investor frustration with Ethereum’s inability to breach $3,530. Ethereum’s NVT signal hit a 25-month low, signaling undervaluation, which could attract interest and support future recovery. Failing $3,530 resistance risks a dip to $3,131, while a breakout could push Ethereum toward $3,711,…
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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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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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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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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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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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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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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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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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